Properties / 8410 N 32ND Avenue
FHA ASSUMABLERate: 6.82%

8410 N 32ND Avenue

$274,999
Phoenix, AZ 85051
2 beds3 baths1,696 sqftSingle Family
The assumable advantage
6.82%
FHA assumed rate
$40,753 interest already paid off
Estimated Loan Balance$254,323
Cash to close$21,930
Est. Monthly PITI$1,996
Initial Loan Amount$259,218
Time on site50 days
Remaining Term27 years, 9 months
Seller's equity (what you pay)
$20,676
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

This stylishly updated 2-bedroom, 2.5-bath townhouse combines modern design with everyday comfort. The open living and dining area is filled with natural light and flows seamlessly into a contemporary kitchen featuring granite countertops, stainless steel appliances, and a large sink--perfect for both casual meals and entertaining. Upstairs, two spacious bedrooms each offer private en-suite bathrooms enhanced with new flooring and sleek vanities. With thoughtful storage solutions throughout, this home is as functional as it is beautiful. Enjoy your private patio, ideal for relaxing evenings or weekend gatherings in a peaceful setting.

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 $20,676. 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

Bedrooms2
Bathrooms3
Square feet1,696
Property typeSingle Family
MLS #7009598
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)
$1,703/mo
Source est. payment (PITI)
$1,996/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$20,676

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

$0$20,676
Additional funds needed$0

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