Properties / 4615 N 39TH Avenue
FHA ASSUMABLERate: 6.85%

4615 N 39TH Avenue

$150,000
Phoenix, AZ 85019
2 beds2 baths1,026 sqftSingle Family
The assumable advantage
6.85%
FHA assumed rate
$18,501 interest already paid off
Estimated Loan Balance$139,619
Cash to close$10,516
Est. Monthly PITI$1,179
Initial Loan Amount$142,291
Time on site16 days
Remaining Term28 years, 1 month
Seller's equity (what you pay)
$10,381
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

Welcome to this well-maintained 2-bedroom, 1.5-bath townhome offering approximately 1,026 square feet of comfortable living space in a convenient Phoenix location. The bright main living area features neutral finishes, tile flooring, and large windows that bring in plenty of natural light. The kitchen offers abundant cabinetry, generous counter space, and stainless steel range, while both bedrooms are located upstairs for added privacy and feature warm wood-look flooring. A private enclosed patio provides additional outdoor space along with convenient exterior storage. Residents can also enjoy the community pool, grassy common areas, and assigned covered parking. With easy access to nearby shopping, dining, schools, and major roadways, this home offers an affordable opportunity for an owner-occupant or investor.

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 $10,381. 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
Bathrooms2
Square feet1,026
Property typeSingle Family
MLS #7071596
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)
$934/mo
Source est. payment (PITI)
$1,179/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$10,381

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

$0$10,381
Additional funds needed$0

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