Properties / 1756 N SUMMER Circle
FHA ASSUMABLERate: 6.83%

1756 N SUMMER Circle

$549,900
Mesa, AZ 85203
4 beds3 baths1,925 sqftSingle Family
The assumable advantage
6.83%
FHA assumed rate
$45,825 interest already paid off
Estimated Loan Balance$533,880
Cash to close$16,513
Est. Monthly PITI$4,094
Initial Loan Amount$540,038
Time on site19 days
Remaining Term28 years, 9 months
Seller's equity (what you pay)
$16,020
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

No HOA, an RV gate, and two full primary suites -- on a quarter-acre corner lot in north Mesa. This single-level 4-bedroom offers something genuinely rare: two separate primary bedrooms, each with its own bath and walk-in closet. Ideal for multi-generational living, adult children, or hosting. Vaulted ceilings and a fireplace anchor the living room, and the eat-in kitchen has a center island, walk-in pantry, and generous cabinetry. Step out to a fenced backyard built for Arizona summers -- covered patio, private pool, and spa. The RV gate, side vehicle entry, and four slab parking spaces mean there's room for everything you own. No steps anywhere, dual-pane windows throughout, and no HOA dues. Lehi Elementary, Westwood High. 10,886 sq ft lot.

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 $16,020. 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 feet1,925
Property typeSingle Family
MLS #7061455
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)
$3,538/mo
Source est. payment (PITI)
$4,094/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$16,020

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

$0$16,020
Additional funds needed$0

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