Properties / 654 S COPPER Drive
FHA ASSUMABLERate: 4.14%

654 S COPPER Drive

$399,900
Apache Junction, AZ 85120
4 beds3 baths1,498 sqftSingle Family
The assumable advantage
4.14%
FHA assumed rate
$42,541 interest already paid off
Estimated Loan Balance$72,232
Cash to close$327,891
Est. Monthly PITI$822
Initial Loan Amount$97,206
Time on site21 days
Remaining Term18 years
Seller's equity (what you pay)
$327,668
Cash or secondary financing
Monthly savings
$1,883
Versus today's market rate
Est. savings per year
$23K
Versus today's market rate

About this home

Welcome to this inviting 4-bed, 2.5-bath home offering nearly 1,500 sq ft of comfortable living space in a convenient location. The open floor plan feels bright & welcoming, with plenty of natural light throughout. The kitchen features granite countertops, while the tile flooring makes it easy to maintain & perfect for everyday living. Outside, the backyard is ready for entertaining with mature fruit trees, custom front & back porches, and a beautiful custom pergola that creates the perfect space for family gatherings, BBQs, or relaxing evenings. Double RV gates add plenty of flexibility for parking, storage, or recreational vehicles. Conveniently located near freeways, restaurants, grocery stores, & more. And with NO HOA, you have the freedom to enjoy your property your way.

How assumption works for this home

Can I assume this FHA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. FHA assumptions require you to use the home as your primary residence.

How much cash do I actually need?

You need to cover the seller's equity of $327,668. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

No — FHA loans require owner-occupancy. If you're an investor, ask us about our VA inventory.

How long does this take?

Typically 45 days. The lender underwriting is 2–3 weeks, and the rest is standard closing.

Property details

Bedrooms4
Bathrooms3
Square feet1,498
Property typeSingle Family
MLS #7069587
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

Payment & cash calculator

Cash covers the gap between the price and the existing loan balance. Changing this amount does not change the existing mortgage payment.

Est. mortgage payment (P&I)
$475/mo
Source est. payment (PITI)
$822/mo

P&I is principal and interest. PITI also includes estimated taxes and insurance. HOA fees and payments on any additional financing are separate.

Estimated equity gap$327,668

Asking price minus remaining loan balance. Closing costs are additional.

$0$327,668
Additional funds needed$0

The equity gap is covered. Closing costs and assumption fees still need to be confirmed.