Properties / 15019 W ROCKROSE Way
FHA ASSUMABLERate: 5.52%

15019 W ROCKROSE Way

$389,999
Surprise, AZ 85374
3 beds2 baths1,386 sqftSingle Family
The assumable advantage
5.52%
FHA assumed rate
$87,109 interest already paid off
Estimated Loan Balance$376,039
Cash to close$15,029
Est. Monthly PITI$2,764
Initial Loan Amount$397,664
Time on site50 days
Remaining Term26 years
Seller's equity (what you pay)
$13,960
Cash or secondary financing
Monthly savings
$27
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

This move-in ready 3/2 home has been beautifully updated and meticulously maintained throughout. The kitchen offers abundant counter space, storage, and stainless steel appliances, making it perfect for everyday living and entertaining. Recent updates include a new A/C system (March 2026), new fans for added comfort and efficiency and fresh paint. An owned water softener system offers fresh water every time you turn on the faucet. Step outside to enjoy the pergola covered patio, built in BBQ grill and low-maintenance desert landscaping with synthetic grass in the back yard. Located in the highly sought-after Kingswood Parke community, you'll be close to shopping, baseball facilities, parks, and the elementary school is within walking distance.

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 $13,960. 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

Bedrooms3
Bathrooms2
Square feet1,386
Property typeSingle Family
MLS #7051706
CountyMaricopa County
Assumable loanFHA
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Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
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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)
$2,273/mo
Source est. payment (PITI)
$2,764/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$13,960

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

$0$13,960
Additional funds needed$0

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