Properties / 2505 N PONY Lane
FHA ASSUMABLERate: 6.99%

2505 N PONY Lane

$500,000
Casa Grande, AZ 85122
3 beds3 baths2,170 sqftSingle Family
The assumable advantage
6.99%
FHA assumed rate
$58,965 interest already paid off
Estimated Loan Balance$456,226
Cash to close$43,774
Est. Monthly PITI$3,489
Initial Loan Amount$464,290
Time on site11 days
Remaining Term28 years, 3 months
Seller's equity (what you pay)
$43,774
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

Why wait for a new build when this move-in ready home already has the upgrades you want? Situated on a larger CORNER LOT with an RV GATE and view fencing, no expense was spared. The stunning kitchen features incredible granite, a gas stove, and under cabinet lighting. An INLAW SUITE offers its own living area, bedroom, and bathroom. The elegant primary suite includes dual sinks, a large walk in closet, and additional cabinetry. Enjoy a backyard with pavers, turf, and a walkway behind the home. The garage includes epoxy flooring, a 220V EV outlet, utility door, and RO system. Dryer is stubbed for gas and electric, with extra hallway cabinetry for added storage. Save the time and expense of building new. Come see why this is the one you've been waiting for!

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 $43,774. 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
Bathrooms3
Square feet2,170
Property typeSingle Family
MLS #7073457
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)
$3,089/mo
Source est. payment (PITI)
$3,489/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$43,774

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

$0$43,774
Additional funds needed$0

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