Properties / 768 W PALO VERDE Drive
FHA ASSUMABLERate: 6.67%

768 W PALO VERDE Drive

$415,000
Casa Grande, AZ 85122
3 beds2 baths1,724 sqftSingle Family
The assumable advantage
6.67%
FHA assumed rate
$76,039 interest already paid off
Estimated Loan Balance$363,389
Cash to close$51,611
Est. Monthly PITI$2,909
Initial Loan Amount$376,057
Time on site8 days
Remaining Term27 years
Seller's equity (what you pay)
$51,611
Cash or secondary financing
Monthly savings
$25
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Discover this charming home in the Desert Sky Ranch Community! Featuring 3 beds, 2 baths, a low-care landscape, a 2-car garage, and an extended-length and overheight RV garage. Inside, you'll find high ceilings, wood-look floors, and an inviting open layout. The eat-in kitchen boasts recessed lighting, a walk-in pantry, ample shaker cabinets & quartz counterspace, SS appliances, and an island w/breakfast bar under pendant lights. The sizable main suite includes a private bath w/dual vanities, a glass-enclosed tiled shower, and a walk-in closet. The backyard offers a covered patio, separate paver seating area, artificial turf, and a view fence, ideal for relaxing or entertaining. No immediate rear neighbors provide added privacy. Near shopping, dining, and more! Don't miss this opportunity!

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 $51,611. 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 feet1,724
Property typeSingle Family
MLS #7075123
CountyMaricopa County
Assumable loanFHA
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Prefer virtual tour?
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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)
$2,422/mo
Source est. payment (PITI)
$2,909/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$51,611

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

$0$51,611
Additional funds needed$0

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