Properties / 3447 E JASMINE Way
FHA ASSUMABLERate: 6.61%

3447 E JASMINE Way

$400,000
San Tan Valley, AZ 85143
4 beds2 baths1,838 sqftSingle Family
The assumable advantage
6.61%
FHA assumed rate
$75,595 interest already paid off
Estimated Loan Balance$412,217
Cash to close$0
Est. Monthly PITI$3,186
Initial Loan Amount$422,201
Time on site50 days
Remaining Term27 years, 4 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

Built in 2023, this 4 bedroom, 2 bathroom single level home in Bella Vista Farms offers a desirable split floor plan, 3 car garage, RV gates, north/south exposure, and a premium homesite backing to a greenbelt! A paver driveway and manicured landscaping create a welcoming first impression, while the bright, open interior features tile flooring, neutral finishes, contemporary lighting, and abundant natural light. The kitchen is designed for both everyday living and entertaining with mocha cabinetry, crown molding, granite countertops, stainless steel appliances, and a large center island. The private primary suite is thoughtfully separated from the secondary bedrooms and features a spacious walk in closet and bathroom with dual sinks. Three additional bedrooms provide flexibility for guests, or a home office. The large laundry room offers additional storage and plenty of functional space. Step outside to the covered patio and enjoy a backyard with grass, a view fence, and peaceful greenbelt views with no immediate neighbors directly behind. Bella Vista Farms adds even more to love with resort style community amenities including multiple pools, a splash pad, playgrounds, sports courts, expansive parks and green spaces, walking and biking paths, picnic and gathering areas, and miles of opportunities to enjoy the outdoors. The community was thoughtfully designed to bring neighbors together while offering plenty of space to play, relax, and enjoy the Arizona lifestyle. With newer construction, a functional split floor plan, generous garage space, RV gates, greenbelt views, and access to all that Bella Vista Farms has to offer, this home is ready for its next owner!

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

Bedrooms4
Bathrooms2
Square feet1,838
Property typeSingle Family
MLS #6997513
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)
$2,719/mo
Source est. payment (PITI)
$3,186/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.