Properties / 6917 S 50TH Glen
FHA ASSUMABLERate: 4.74%

6917 S 50TH Glen

$400,000
Laveen, AZ 85339
5 beds3 baths2,634 sqftSingle Family
The assumable advantage
4.74%
FHA assumed rate
$70,928 interest already paid off
Estimated Loan Balance$71,487
Cash to close$329,101
Est. Monthly PITI$992
Initial Loan Amount$110,511
Time on site50 days
Remaining Term14 years
Seller's equity (what you pay)
$328,513
Cash or secondary financing
Monthly savings
$1,776
Versus today's market rate
Est. savings per year
$21K
Versus today's market rate

About this home

SPACIOUS 5-BEDROOM HOME WITH FRESH UPDATES AND ROOM TO GROW! Offering 2634 sqft of living space, this refreshed two-story home features 5 bed, 2.5 bath, and a layout designed for today's lifestyle. Move-in ready with new carpet and fresh interior paint, the home offers bright, inviting living spaces. The kitchen is equipped with rich dark cabinetry, generous countertop space, and ample storage to meet all your cooking and hosting needs. Upstairs, the spacious primary suite provides a relaxing retreat with a full ensuite bathroom featuring dual sinks and a large walk-in closet. Four additional bedrooms offer plenty of flexibility for family, guests, a home office, or hobbies. With its generous floor plan, modern updates, and abundant space, this home is the perfect place to grow, entertain, and create lasting memories.

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 $328,513. 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

Bedrooms5
Bathrooms3
Square feet2,634
Property typeSingle Family
MLS #7046606
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)
$583/mo
Source est. payment (PITI)
$992/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$328,513

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

$0$328,513
Additional funds needed$0

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