Properties / 5222 E SILVERBELL Road
FHA ASSUMABLERate: 5.52%

5222 E SILVERBELL Road

$308,000
San Tan Valley, AZ 85143
4 beds3 baths2,425 sqftSingle Family
The assumable advantage
5.52%
FHA assumed rate
$95,713 interest already paid off
Estimated Loan Balance$415,495
Cash to close$0
Est. Monthly PITI$3,055
Initial Loan Amount$436,939
Time on site50 days
Remaining Term26 years
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

BANK HAS APPROVED THE PRICE! This property presents an exceptional opportunity for buyers who want a structurally sound home that simply needs cosmetic updates, such as carpet, paint, and pool servicing.The home is currently being professionally negotiated as a short sale, and interested buyers are encouraged to REVIEW THE SHORT SALE INFORMATION DOCUMENT posted under the MLS documents tab for details. The home is a two-story residence featuring 4 bedrooms and 3 bathrooms, plus a generously sized loft area. Privacy is a notable attribute, with single-story homes on both sides and no homes directly behind, providing an ideal setting for the pool and backyard. The Village at Copper Basin, residents enjoy a slate of amenities, including a K-8 school, walking trails, parks, and acommunity pool

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
Bathrooms3
Square feet2,425
Property typeSingle Family
MLS #6994685
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)
$2,511/mo
Source est. payment (PITI)
$3,055/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.