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Closed
Closed

$426,000

($45,917 down)
FHA

8440 W MISSION Lane, Peoria, AZ 85345

3
2
1,820 sqft
PITI Monthly
$2,984.8 /mo

Listing courtesy of: Carlos Ariel Castro, West USA Realty

Assumed Rate

7.07%
7.15%

Principal & Interest

$2,566 /mo
$2,586 /mo
$42,544 in interest paid off

What's Special

LOCATION
DINING
SPACIOUS
FIREPLACE
PATIO
CHARMING
Location,, location, location!! Welcome to this charming home, beautifully designed with a perfect blend concomfort and functionality! Providing 3 beds,
2 baths, 2-car garage, and wow!!! doble RV gate, so you can have enter and exit in (around) the house. Discover an inviting living room and its adjacent
formal dining room, large family room, fireplace. The kitchen has SS appliances, an big island with cabinet (brand new) and ash wood cabinets.. Main
bedroom boasts an ensuite with dual sinks & a walk- in closet. The spacious backyard awaits, featuring covered & open patios! With nearl... Show more
... Show more

Assumption Snapshot

Type of Loan
FHA
Interest Rate
7.07
Remaining Loan Term
28 years, 5 months
Monthly PITI
$2,984.8/mo
Estimated Loan Balance
$381,051
Cash to close
$45,917
Interest Paid
$42,544

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
Cooling & Heating
  • Cooling: Refrigeration, Ceiling Fan(s)
  • Heating: Electric
Features
  • Materials: Painted, Stucco, Frame - Wood
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: 1 Fireplace
  • Flooring: Laminate, Vinyl, Tile

Exterior

Fencing
  • Fencing: Block
Roof
  • Roof: Composition
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • 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, Stucco, Frame - Wood
  • Roof: Composition
Condition
  • Year Built: 1988
Details
  • Builder: PULTE HOMES

Community & HOA

Community
  • Subdivision: CEDARBROOK LOT 1-75
  • Features: Unknown
HOA
  • Has HOA: No
Location
  • Region: Peoria

Financial Details

  • Price per Sqft: $234.07
  • Tax Annual Amount: $1123
  • On Market Date: Jul 15, 2024
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Savings Calculator

Current cash to close is $45,917 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$
0%20%50%

You cover the entire equity of $45,917!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$380,083
Your Cash$45,917
Total Purchase Price:$426,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$2,566/mo
Traditional @ 7.15%
$2,683/mo
You save $117/month ($1,405/year)

*Secondary financing rates are an estimated value based on input

MLS ID: 6731363

Listing From: Arizona Regional Multiple Listing Service (ARMLS)

Last updated: Sep 02, 2024 02:39am

© 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

7.07%
7.15%

Principal & Interest

$2,566 /mo
$2,586 /mo
$42,544 in interest paid off
Inquire about this property
​
​
​
​
​

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 $45,917 (11%)
You can enter any amount below - secondary financing will cover the difference if needed.
11%
$
0%20%50%

You cover the entire equity of $45,917!

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

Loan Breakdown

Assumed Mortgage7.07% Sellers Rate
$380,083
Your Cash$45,917
Total Purchase Price:$426,000

Assumed vs Traditional Mortgage

Assumed @ 7.07%
$2,566/mo
Traditional @ 7.15%
$2,683/mo
You save $117/month ($1,405/year)

*Secondary financing rates are an estimated value based on input

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May, 14 2025

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