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Closed
Closed

$450,000

($60,027 down)
FHA

11712 W ACAPULCO Lane, El Mirage, AZ 85335

5
3
2,900 sqft
PITI Monthly
$3,123.31 /mo

Listing courtesy of: Jodi Bloechel, Jason Mitchell Real Estate

Assumed Rate

6.11%
7.15%

Principal & Interest

$2,528 /mo
$2,814 /mo
$62,702 in interest paid off

What's Special

SHOPPING
ENTERTAINMENT
MASTER SUITE
SEPARATE SHOWER
PATIO
FENCED YARD
Your family will feel right at home in this beautiful two-story home. Featuring five bedrooms including guest suite/study on main floor, large master
suite, upstairs with large tub and separate shower, 2nd family room upstairs. The kitchen has plenty of cabinet space and boasts a large island with
new masonry work added. Third car driveway added 2022. Fully fenced yard includes, patio, built in fire pit, large back yard with artificial grass for
entertaining. Close to all schools, shopping, restaurants and entertainment.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
6.11
Remaining Loan Term
27 years, 6 months
Monthly PITI
$3,123.31/mo
Estimated Loan Balance
$410,352
Cash to close
$60,027
Interest Paid
$62,702

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: Central Air
  • Heating: Electric
Features
  • Materials: Stucco, Wood Frame, Painted
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: Fire Pit
  • Flooring: Carpet, Laminate, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Tile
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: Yes
  • Carport Spaces: 2
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: Single Family Residence
  • Architectural Style:
Materials
  • Stucco, Wood Frame, Painted
  • Roof: Tile
Condition
  • Year Built: 2014
Details
  • Builder: LENNAR ARIZONA INC.

Community & HOA

Community
  • Subdivision: THOMPSON RANCH PHASE 4
  • Features: Playground, Biking/Walking Path
HOA
  • Has HOA: Yes
  • HOA Name: THOMPSON RANCH HOA
  • HOA Amenities: Unknown
  • HOA Fee: $85
  • HOA Frequency: $Quarterly
Location
  • Region: El Mirage

Financial Details

  • Price per Sqft: $155.17
  • Tax Annual Amount: $1806
  • On Market Date: Jul 04, 2024
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Savings Calculator

Current cash to close is $60,027 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$
0%20%50%

You cover the entire equity of $60,027!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$389,973
Your Cash$60,027
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$2,528/mo
Traditional @ 7.15%
$2,919/mo
You save $391/month ($4,697/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6462996

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Apr 21, 2025 02:05am

© 2025, Arizona Regional Multiple Listing Service (ARMLS). All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

6.11%
7.15%

Principal & Interest

$2,528 /mo
$2,814 /mo
$62,702 in interest paid off
Inquire about this property
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We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $60,027 (13%)
You can enter any amount below - secondary financing will cover the difference if needed.
13%
$
0%20%50%

You cover the entire equity of $60,027!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage6.11% Sellers Rate
$389,973
Your Cash$60,027
Total Purchase Price:$450,000

Assumed vs Traditional Mortgage

Assumed @ 6.11%
$2,528/mo
Traditional @ 7.15%
$2,919/mo
You save $391/month ($4,697/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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