Properties / 6926 W COMET Avenue
FHA ASSUMABLERate: 6.81%

6926 W COMET Avenue

$319,900
Peoria, AZ 85345
3 beds1 baths1,248 sqftSingle Family
The assumable advantage
6.81%
FHA assumed rate
$25,582 interest already paid off
Estimated Loan Balance$345,213
Cash to close$0
Est. Monthly PITI$2,666
Initial Loan Amount$348,570
Time on site20 days
Remaining Term29 years
Seller's equity (what you pay)
$0
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

Discover this charming home in Peoria! NO HOA! Featuring 3 beds, 1 bath, a 2-car garage, and RV gate with parking. Inside, you'll find a spacious living room with abundant natural light, vaulted ceilings, a neutral palette, and tile floors throughout. Further in, the eat-in kitchen is equipped with recessed lighting, wood cabinetry, built-in appliances, and sliding glass doors to the backyard, promoting easy indoor-outdoor living. The sizable double-door primary bedroom includes a walk-in closet and a sitting area w/bay window. Outside, the backyard offers a covered patio, separate storage shed, and plenty of open space for relaxing or entertaining. Close to Pioneer Community Park, shopping, dining & recreation, and with convenient access to Loop 101. Don't miss this gem!

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 $0. 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
Bathrooms1
Square feet1,248
Property typeSingle Family
MLS #7070144
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)
$2,277/mo
Source est. payment (PITI)
$2,666/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.