Properties / 24410 N 169TH Drive
FHA ASSUMABLERate: 6.79%

24410 N 169TH Drive

$694,900
Surprise, AZ 85387
4 beds3 baths2,862 sqftSingle Family
The assumable advantage
6.79%
FHA assumed rate
$114,020 interest already paid off
Estimated Loan Balance$521,075
Cash to close$173,825
Est. Monthly PITI$4,099
Initial Loan Amount$539,417
Time on site8 days
Remaining Term26 years, 11 months
Seller's equity (what you pay)
$173,825
Cash or secondary financing
Monthly savings
$581
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Welcome to this stunning 4BR/3BA split-floorplan home built for luxury living & entertaining. The open layout boasts 10ft ceilings, a huge 3 panel sliding glass patio door, a secondary great room, & a gourmet kitchen w/quartz counters, huge island, 42'' cabinets w/crown mounding, plus double walk-in pantry's. The expansive master suite features his-and-hers closets & a dual-sink vanity w/walk-in shower. Step outside to a private backyard paradise with a 364 sq ft saltwater pool w/3 waterfalls, baja shelf, bench & table, custom gazebo, & professional landscaping. Loaded with upgrades & Smart Home Systems: 3-car garage with 240V EV outlet, smart MyQ openers, Ring camera & security, dual smart thermostats, surround sound pre-wiring, tankless gas water heater, & more! Book your tour today!

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 $173,825. 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 feet2,862
Property typeSingle Family
MLS #7075322
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)
$3,517/mo
Source est. payment (PITI)
$4,099/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$173,825

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

$0$173,825
Additional funds needed$0

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