Properties / 5906 W GOLDEN Lane
FHA ASSUMABLERate: 3.07%

5906 W GOLDEN Lane

$217,000
Glendale, AZ 85302
2 beds1 baths924 sqftSingle Family
The assumable advantage
3.07%
FHA assumed rate
$30,373 interest already paid off
Estimated Loan Balance$202,758
Cash to close$16,400
Est. Monthly PITI$1,295
Initial Loan Amount$222,888
Time on site50 days
Remaining Term25 years, 4 months
Seller's equity (what you pay)
$14,242
Cash or secondary financing
Monthly savings
$320
Versus today's market rate
Est. savings per year
$4K
Versus today's market rate

About this home

A beautiful 2 bed, 1 bath townhome in Olive Green Villas is now for sale! Discover a sizeable living area w/durable tile flooring, custom palette throughout, and outdoor access w/stylish French doors. The eat-in galley kitchen comes equipped w/ample cabinet & counter space, tile backsplash, and all the built-in appliances you'll need for home cooking. Cozy bedrooms promise you and your loved ones a good night's sleep! The quaint backyard with its covered patio is the perfect place for spending a relaxing summer evening. Enjoy assigned carport parking and access to a sparkling blue Community pool! What are you waiting for? Your new home is waiting for you!

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 $14,242. 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
Bathrooms1
Square feet924
Property typeSingle Family
MLS #7022263
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)
$960/mo
Source est. payment (PITI)
$1,295/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$14,242

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

$0$14,242
Additional funds needed$0

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