Assumable homes for sale in Mormon Lake, AZ

1 homeFHA loansrates from 6.50% vs 7.32% today

Mormon Lake assumption guide

1095 Hillside Drive, Munds Park, AZ, 86017 — assumable FHA mortgage at 6.50%

FHA

Active

$380,000$49,725 equity gap

Rate: 6.50%; ~~7.32%~~today
Payment: $2,122/mo; ~~$2,306~~today

2beds
2baths
1,056sqft

1095 Hillside Drive, Munds Park

Assuming a mortgage in Mormon Lake

An assumable mortgage lets you buy the home and take over the seller’s existing FHA, VA or USDA loan—its rate, balance and remaining term included. Each listing above shows the existing rate and payment next to what the same loan would cost at today’s rates (about 7.32%), so you can see the saving before you tour.

Lowest existing rate: 6.50%
Lowest existing payment: $2,122 /mo
Median cash to assume: $49,725