Properties / 206 W 5TH Avenue W
FHA ASSUMABLERate: 4.14%

206 W 5TH Avenue W

$325,900
Buckeye, AZ 85326
4 beds2 baths1,448 sqftSingle Family
The assumable advantage
4.14%
FHA assumed rate
$53,906 interest already paid off
Estimated Loan Balance$167,227
Cash to close$160,110
Est. Monthly PITI$1,258
Initial Loan Amount$192,449
Time on site50 days
Remaining Term22 years, 10 months
Seller's equity (what you pay)
$158,673
Cash or secondary financing
Monthly savings
$977
Versus today's market rate
Est. savings per year
$12K
Versus today's market rate

About this home

SOLAR IS PAID OFF SELLER CONCESSIONS IN THE AMOUNT OF $10,000 BUYERS BUY DOWN RATE DOUBLE RV GATES IN THE BACK ENTRANCE TO THE PROPERTY. SHED IN THE BACK DOES CONVEY WITH THE PROPERTY DOUBLE DOOR REFRIGERATOR IN BACK ROOM TO CONVEY NO HOA NO HOA SOLAR IS PAID OFF

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 $158,673. 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
Bathrooms2
Square feet1,448
Property typeSingle Family
MLS #7022679
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)
$945/mo
Source est. payment (PITI)
$1,258/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$158,673

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

$0$158,673
Additional funds needed$0

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