Properties / 420 S 4TH Street
FHA ASSUMABLERate: 6.76%

420 S 4TH Street

$365,000
Avondale, AZ 85323
4 beds2 baths1,600 sqftSingle Family
The assumable advantage
6.76%
FHA assumed rate
$1,100 interest already paid off
Estimated Loan Balance$12,161
Cash to close$352,885
Est. Monthly PITI$362
Initial Loan Amount$12,280
Time on site50 days
Remaining Term28 years, 8 months
Seller's equity (what you pay)
$352,839
Cash or secondary financing
Monthly savings
$2,073
Versus today's market rate
Est. savings per year
$25K
Versus today's market rate

About this home

Welcome home to this charming 4-bed, 2-bath single-story gem, built in 2019 and thoughtfully designed for effortless living. You'll love the all-tile flooring, giving every room a clean, cohesive feel while staying cool and durable year-round. The open living space invites you to relax, entertain, and make memories, while the spacious kitchen anchors the heart of the home. The primary suite offers comfort and privacy, and the additional bedrooms provide room for everyone. Modern construction, a smart layout, and timeless finishes make this home move-in ready and easy to love. Come see it 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 $352,839. 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 feet1,600
Property typeSingle Family
MLS #7032670
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)
$80/mo
Source est. payment (PITI)
$362/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$352,839

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

$0$352,839
Additional funds needed$0

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