Properties / 35062 N BARREL Road
FHA ASSUMABLERate: 6.82%

35062 N BARREL Road

$435,000
San Tan Valley, AZ 85144
3 beds3 baths2,334 sqftSingle Family
The assumable advantage
6.82%
FHA assumed rate
$71,394 interest already paid off
Estimated Loan Balance$445,973
Cash to close$0
Est. Monthly PITI$3,560
Initial Loan Amount$454,117
Time on site50 days
Remaining Term27 years, 9 months
Seller's equity (what you pay)
$0
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Don't miss out on the perfect chance to own this beautiful 3 bed, 2.5 bath, 2,334 SQFT home in the highly desired neighborhood of The Preserve at San Tan! Built in 2022, this home feautures an open concept 1st floor with a gorgeous kitchen that flows seamlessly into the living area. Downstairs, you will also find a flex room which can be used as a perfect home office! On the 2nd level, you will find a generously sized loft as well as the home's 3 bedrooms. You'll find the backyard perfect for entertaining with a patio & natural grass throughout! Come see this amazing home yourself!

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 $0. 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
Bathrooms3
Square feet2,334
Property typeSingle Family
MLS #6995375
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)
$2,987/mo
Source est. payment (PITI)
$3,560/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.