Properties / 37816 W AMALFI Avenue
FHA ASSUMABLERate: 3.77%

37816 W AMALFI Avenue

$293,400
Maricopa, AZ 85138
3 beds2 baths1,556 sqftSingle Family
The assumable advantage
3.77%
FHA assumed rate
$48,781 interest already paid off
Estimated Loan Balance$172,068
Cash to close$122,860
Est. Monthly PITI$1,368
Initial Loan Amount$198,331
Time on site50 days
Remaining Term23 years, 1 month
Seller's equity (what you pay)
$121,332
Cash or secondary financing
Monthly savings
$799
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

Fall in love with this stunning 3-bedroom, 2-bathroom gem where modern style meets everyday comfort. Step into the heart of the home--a chef-inspired kitchen boasting elegant granite countertops and sleek stainless-steel appliances. The smart, open layout features tile in all the right places, ensuring easy maintenance and a cool, crisp feel throughout. From vibrant dinner parties to cozy movie nights, this move-in-ready home provides the perfect backdrop for your best memories.

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 $121,332. 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 feet1,556
Property typeSingle Family
MLS #7020038
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)
$931/mo
Source est. payment (PITI)
$1,368/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$121,332

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

$0$121,332
Additional funds needed$0

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