Properties / 38936 W Mountain View Road
FHA ASSUMABLERate: 2.89%

38936 W Mountain View Road

$490,000
Tonopah, AZ 85354
3 beds2 baths1,569 sqftSingle Family
The assumable advantage
2.89%
FHA assumed rate
$28,213 interest already paid off
Estimated Loan Balance$164,434
Cash to close$326,702
Est. Monthly PITI$1,128
Initial Loan Amount$186,175
Time on site50 days
Remaining Term24 years, 6 months
Seller's equity (what you pay)
$325,566
Cash or secondary financing
Monthly savings
$2,109
Versus today's market rate
Est. savings per year
$25K
Versus today's market rate

About this home

**Professional Photos coming soon! ** Escape the noise and discover the beauty of wide-open Arizona living on this stunning 8.9 acre horse property in Tonopah. This charming 3-bedroom, 2-bath home is surrounded by breathtaking mountain views, serene desert landscape, and unforgettable Arizona sunsets that create the perfect backdrop for peaceful country living. Inside, the inviting living room features a cozy fireplace -- perfect for relaxing evenings and adding warmth and charm to the home. Step outside to the expansive 60 x16 covered back porch, an ideal space for morning coffee, entertaining guests, or simply taking in the quiet beauty. Horse lovers, outdoor enthusiasts, and anyone craving extra space will appreciate the endless possibilities this property offers. The storage building includes both 220 and 110 electric, providing excellent flexibility for a workshop, equipment storage, hobbies, or future projects. Enjoy the freedom and privacy of rural living while still being conveniently located close enough to shopping, dining, and city conveniences without feeling secluded. Whether you're looking for a peaceful retreat, horse property, or room to create your dream lifestyle, this Tonopah property captures the true spirit of Arizona living.

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 $325,566. 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 feet1,569
Property typeSingle Family
MLS #7031994
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)
$781/mo
Source est. payment (PITI)
$1,128/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$325,566

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

$0$325,566
Additional funds needed$0

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