Properties / 98 5TH Avenue W
FHA ASSUMABLERate: 6.11%

98 5TH Avenue W

$324,900
Buckeye, AZ 85326
3 beds2 baths1,348 sqftSingle Family
The assumable advantage
6.11%
FHA assumed rate
$69,605 interest already paid off
Estimated Loan Balance$290,530
Cash to close$35,106
Est. Monthly PITI$2,282
Initial Loan Amount$304,385
Time on site50 days
Remaining Term26 years, 3 months
Seller's equity (what you pay)
$34,370
Cash or secondary financing
Monthly savings
$62
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Freshly updated & move-in ready -- see the brand-new photos! This beautifully maintained corner-lot home in Buckeye Park shows like new, with soaring 9-ft ceilings, wood-look flooring & a bright, open layout. The eat-in kitchen offers wood cabinetry, pantry, recessed lighting, built-in appliances & a breakfast-bar peninsula. The spacious primary suite features a fully remodeled bath with a NEW walk-in glass shower & all-new fixtures, plus dual sinks & a walk-in closet -- and the guest bath is fully updated too! Relax under the covered patio in a low-maintenance, block-fenced yard. 2-car garage, dual-pane windows, owned security system & low $25/mo HOA. Both baths fully remodeled -- truly turnkey! Minutes to schools, shopping & I-10. Take another look -- book your showing 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 $34,370. 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 feet1,348
Property typeSingle Family
MLS #7055888
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)
$1,854/mo
Source est. payment (PITI)
$2,282/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$34,370

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

$0$34,370
Additional funds needed$0

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