Properties / 8215 E 6TH Avenue
FHA ASSUMABLERate: 6.48%

8215 E 6TH Avenue

$375,000
Mesa, AZ 85208
4 beds2 baths1,440 sqftSingle Family
The assumable advantage
6.48%
FHA assumed rate
$77,473 interest already paid off
Estimated Loan Balance$334,488
Cash to close$40,904
Est. Monthly PITI$2,581
Initial Loan Amount$348,570
Time on site15 days
Remaining Term26 years, 6 months
Seller's equity (what you pay)
$40,512
Cash or secondary financing
Monthly savings
$7
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Bring the toys, trailers, and extra vehicles, this spacious home offers an impressive amount of parking and outdoor space! The expansive paved front area, RV access, and oversized steel gate provide plenty of flexibility for recreational vehicles, work trucks, trailers, or additional parking. Inside, you'll find a bright and functional floor plan with a generous living area, recessed lighting, ceiling fans, and attractive wood-look tile flooring throughout the main living spaces. The updated kitchen features white shaker cabinetry, granite countertops, subway tile backsplash, and stainless steel appliances, opening conveniently to the dining and living areas. The primary bedroom offers soft carpeting and a private bath, while three additional bedrooms provide flexibility for family guests, a home office, or hobby space. Both bathrooms feature updated finishes, including granite counters and tiled shower/bath surrounds. Out back, the large backyard offers tons of usable space with a covered patio, alley access, and a substantial steel gate, ready for storage, entertaining, pets, gardening, a workshop, or creating your own outdoor retreat. With four bedrooms, updated interior finishes, abundant parking, RV access, and plenty of space inside and out, this property offers versatility that's hard to find. Come see the possibilities!

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 $40,512. 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

Bedrooms4
Bathrooms2
Square feet1,440
Property typeSingle Family
MLS #7072013
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)
$2,204/mo
Source est. payment (PITI)
$2,581/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$40,512

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

$0$40,512
Additional funds needed$0

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