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Closed
Closed

$600,000

($322,892 down)
FHA

1642 S WHITING Circle, Mesa, AZ 85204

4
2
1,841 sqft
PITI Monthly
$1,709.07 /mo

Listing courtesy of: Matthew C Chick, eXp Realty

Assumed Rate

3.1%
7.15%

Principal & Interest

$1,251 /mo
$1,979 /mo
$28,547 in interest paid off

What's Special

SHOPPING
DINING
PATIO
MATURE TREES
CHARMING
CHARMING 4 bedroom/2 bath light and bright home featuring open kitchen with white cabinets, dining area, large tile, Master bath with jacuzzi tub and
separate walk in shower. Home has a security door and oversized front window creating plenty of natural light! Separate Guest house with full kitchen,
white cabinets and beautiful plank flooring. Yard with mature trees, pergola, grass, oversized front patio. Located close to amenities, shopping and
restaurants.
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
3.1
Remaining Loan Term
26 years, 9 months
Monthly PITI
$1,709.07/mo
Estimated Loan Balance
$285,490
Cash to close
$322,892
Interest Paid
$28,547

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 4
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration
  • Heating: Electric
Features
  • Materials: Painted, Block, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace, Free Standing
  • Flooring: Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 4
  • Carport: Yes
  • Carport Spaces: 4
Water
  • Sewer: Public Sewer
  • Water Source: City Water
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 1
  • Home type: Single Family - Detached
  • Architectural Style: Ranch
Materials
  • Painted, Block, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1979
Details
  • Builder: Unknown

Community & HOA

Community
  • Subdivision: RANCH UNIT 2 LOT 289-422
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Mesa

Financial Details

  • Price per Sqft: $325.91
  • Tax Annual Amount: $1002
  • On Market Date: Sep 06, 2024
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Savings Calculator

Current cash to close is $322,892 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$
0%20%50%

You cover the entire equity of $322,892!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$277,108
Your Cash:$322,892
Total Purchase Price:$600,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,251/mo
Traditional @ 7.15%
$2,053/mo
You save $802/month ($9,620/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6753716

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Sep 06, 2024 08:54pm

© 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

3.1%
7.15%

Principal & Interest

$1,251 /mo
$1,979 /mo
$28,547 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.

Apply now

Savings Calculator

Current cash to close is $322,892 (54%)
You can enter any amount below - secondary financing will cover the difference if needed.
54%
$
0%20%50%

You cover the entire equity of $322,892!

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

Loan Breakdown

Assumed Mortgage3.1% Sellers Rate
$277,108
Your Cash:$322,892
Total Purchase Price:$600,000

Assumed vs Traditional Mortgage

Assumed @ 3.1%
$1,251/mo
Traditional @ 7.15%
$2,053/mo
You save $802/month ($9,620/year)

*Secondary financing rates are an estimated value based on input

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May, 17 2025

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