Properties / 1391 E Verona Trail
FHA ASSUMABLERate: 6.77%

1391 E Verona Trail

$340,000
Casa Grande, AZ 85122
3 beds2 baths1,808 sqftSingle Family
The assumable advantage
6.77%
FHA assumed rate
$47,848 interest already paid off
Estimated Loan Balance$323,297
Cash to close$17,346
Est. Monthly PITI$2,631
Initial Loan Amount$329,904
Time on site50 days
Remaining Term27 years, 11 months
Seller's equity (what you pay)
$16,703
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

Beautiful 3 Bedroom, 2 Bathroom Home in Tuscany Subdivision Built in 2024, this stunning 1,808 sq. ft. home offers modern living with an open-concept floor plan designed for comfort and entertaining. The spacious kitchen features beautiful granite countertops, ample cabinet space, and overlooks the large living and dining areas. The split-bedroom layout provides privacy, while the generous primary suite offers a relaxing retreat. Step outside to enjoy the huge backyard with plenty of room for outdoor activities, entertaining, or creating your dream outdoor space. Located in the desirable Tuscany Subdivision, this home combines modern style, functionality, and convenience. Don't miss the opportunity to make this like-new home yours!

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 $16,703. 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 feet1,808
Property typeSingle Family
MLS #7046072
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)
$2,151/mo
Source est. payment (PITI)
$2,631/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$16,703

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

$0$16,703
Additional funds needed$0

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