Properties / 3233 W HUNTINGTON Drive
FHA ASSUMABLERate: 3.23%

3233 W HUNTINGTON Drive

$354,999
Phoenix, AZ 85041
3 beds2 baths1,600 sqftSingle Family
The assumable advantage
3.23%
FHA assumed rate
$43,921 interest already paid off
Estimated Loan Balance$206,224
Cash to close$150,182
Est. Monthly PITI$1,474
Initial Loan Amount$235,653
Time on site50 days
Remaining Term23 years, 11 months
Seller's equity (what you pay)
$148,775
Cash or secondary financing
Monthly savings
$1,062
Versus today's market rate
Est. savings per year
$13K
Versus today's market rate

About this home

Welcome to this beautifully maintained 3-bedroom, 2-bath home located in a highly desirable area with unbeatable convenience! Situated just minutes from Loop 202, commuting is a breeze while providing easy access to shopping, dining, entertainment, and everyday essentials. Inside, you'll find a versatile den that can serve as a home office, playroom, or easily be converted into a 4th bedroom to fit your needs. The open and functional floor plan offers comfortable living spaces, while the landscaped backyard provides the perfect setting for relaxing, entertaining, or enjoying Arizona sunsets. Whether you're a first-time buyer or growing family this home offers the ideal combination of location, flexibility, and lifestyle.

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 $148,775. 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 feet1,600
Property typeSingle Family
MLS #7042916
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$1,032/mo
Source est. payment (PITI)
$1,474/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$148,775

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

$0$148,775
Additional funds needed$0

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