Properties / 35311 W SANTA CLARA Avenue
FHA ASSUMABLERate: 4.35%

35311 W SANTA CLARA Avenue

$425,000
Maricopa, AZ 85138
5 beds5 baths3,200 sqftSingle Family
The assumable advantage
4.35%
FHA assumed rate
$87,162 interest already paid off
Estimated Loan Balance$395,453
Cash to close$28,830
Est. Monthly PITI$2,848
Initial Loan Amount$432,427
Time on site1 day
Remaining Term25 years, 3 months
Seller's equity (what you pay)
$29,547
Cash or secondary financing
Monthly savings
$353
Versus today's market rate
Est. savings per year
$4K
Versus today's market rate

About this home

ASSUMABLE FHA LOAN at 4.35%, 30 year fixed. Balance $400k. Beautiful home built in 2021 featuring countless upgrades, including 9' ceilings, Shaw Milan Surf 17x17 tile, and granite kitchen countertops. Enjoy Whirlpool stainless steel appliances, white cabinetry, and energy-efficient features like a WiFi programmable thermostat and electric water heater. The owner's suite offers a spacious walk-in closet. Relax under the covered backyard patio with stunning mountain views. Located in a master-planned community with trails, parks, lakes, and playgrounds.

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 $29,547. 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

Bedrooms5
Bathrooms5
Square feet3,200
Property typeSingle Family
MLS #7078299
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)
$2,153/mo
Source est. payment (PITI)
$2,848/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$29,547

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

$0$29,547
Additional funds needed$0

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