Properties / 11663 Ice Cave Drive
FHA ASSUMABLERate: 6.54%

11663 Ice Cave Drive

$545,900
Bellemont, AZ 86015
3 beds2 baths sqftSingle Family
The assumable advantage
6.54%
FHA assumed rate
$111,319 interest already paid off
Estimated Loan Balance$501,321
Cash to close$45,150
Est. Monthly PITI$3,929
Initial Loan Amount$520,400
Time on site36 days
Remaining Term26 years, 9 months
Seller's equity (what you pay)
$44,579
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

Discover this beautifully updated 3-bedroom, 2-bath home in one of Flagstaff's most sought-after neighborhoods. Ideally located within walking distance of the community park and Coconino National Forest, and just minutes from downtown, it offers the perfect blend of convenience and outdoor living. Inside, you'll find a desirable split floor plan, vaulted ceilings, luxury vinyl flooring, custom finishes, and a cozy gas fireplace. The kitchen features granite countertops, stainless steel appliances, and an eat-in dining area. The spacious primary suite includes a soaking tub and walk-in closet. Outside, enjoy a landscaped backyard with synthetic turf, a paver patio, side yards, and a storage shed. The backyard has an RV gate for storing an RV and toys.

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 $44,579. 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
Property typeSingle Family
MLS #205350
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)
$3,311/mo
Source est. payment (PITI)
$3,929/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$44,579

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

$0$44,579
Additional funds needed$0

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