Properties / 11140 N 82ND Lane
FHA ASSUMABLERate: 3.95%

11140 N 82ND Lane

$320,000
Peoria, AZ 85345
3 beds2 baths1,331 sqftSingle Family
The assumable advantage
3.95%
FHA assumed rate
$43,520 interest already paid off
Estimated Loan Balance$90,277
Cash to close$229,979
Est. Monthly PITI$843
Initial Loan Amount$116,388
Time on site14 days
Remaining Term19 years, 5 months
Seller's equity (what you pay)
$229,723
Cash or secondary financing
Monthly savings
$1,332
Versus today's market rate
Est. savings per year
$16K
Versus today's market rate

About this home

Welcome to 11140 N 82nd Ln, a beautifully refreshed, move-in-ready Peoria home offering the updates buyers want and a location they'll love! Step inside to a bright and spacious open floor plan featuring vaulted ceilings, skylights, tile flooring throughout, and a cozy wood-burning fireplace in the great room. The split-bedroom layout provides added privacy, while the primary suite features a walk-in closet and private access to the covered patio. The big-ticket updates have already been taken care of! Enjoy a BRAND-NEW ROOF, FRESH INTERIOR PAINT, NEW WATER HEATER, plus a NEW REFRIGERATOR, DISHWASHER, OVEN, AND MICROWAVE! Even better, SELLER CONCESSIONS ARE AVAILABLE to help buyers with closing costs or an interest-rate buy-down! Conveniently located near shopping, dining, Peoria schools, Arrowhead Mall, Westgate Entertainment District, and major freeways. Updated, move-in ready, and offering buyer incentives--come see this home today!

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 $229,723. 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

Bedrooms3
Bathrooms2
Square feet1,331
Property typeSingle Family
MLS #7070646
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)
$555/mo
Source est. payment (PITI)
$843/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$229,723

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

$0$229,723
Additional funds needed$0

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