Properties / 21686 W HESS Avenue
FHA ASSUMABLERate: 5.13%

21686 W HESS Avenue

$365,000
Buckeye, AZ 85326
4 beds3 baths1,861 sqftSingle Family
The assumable advantage
5.13%
FHA assumed rate
$72,810 interest already paid off
Estimated Loan Balance$351,452
Cash to close$13,548
Est. Monthly PITI$2,613
Initial Loan Amount$373,117
Time on site10 days
Remaining Term26 years, 2 months
Seller's equity (what you pay)
$13,548
Cash or secondary financing
Monthly savings
$117
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Charming 4 bed + Den, 2.5 bath home in Sundance! Enjoy a 2-car garage, spacious yard, and inviting front porch. Inside you'll find vaulted ceilings, designer touches, and abundant natural light. The eat-in kitchen shines with SS appliances, granite counters, and an island with breakfast bar. A handy den sits near the entry, while the primary suite offers a walk-in closet and dual-sink ensuite. Outside, unwind on the covered patio or around the fire pit in this spacious backyard ready for your personal touch. Bonus of solar panels for energy savings!

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 $13,548. 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

Bedrooms4
Bathrooms3
Square feet1,861
Property typeSingle Family
MLS #7073970
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)
$2,036/mo
Source est. payment (PITI)
$2,613/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$13,548

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

$0$13,548
Additional funds needed$0

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