Properties / 17605 W COLTER Street
FHA ASSUMABLERate: 6.88%

17605 W COLTER Street

$515,000
Litchfield Park, AZ 85340
5 beds3 baths2,961 sqftSingle Family
The assumable advantage
6.88%
FHA assumed rate
$86,890 interest already paid off
Estimated Loan Balance$521,723
Cash to close$0
Est. Monthly PITI$3,911
Initial Loan Amount$529,143
Time on site50 days
Remaining Term27 years, 8 months
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

SHORT SALE OPPORTUNITY. Welcome to the desirable Allen Ranches community of Litchfield Park, AZ. This vibrant neighborhood offers resort-style living with a community pool, playgrounds, pickleball and sport courts, walking trails, fitness center, and green spaces to enjoy. The home itself features a modern open-concept layout with a spacious kitchen that flows into the great room, perfect for entertaining. Versatile floorplans offer options for guest rooms, flex spaces, or a home office. Conveniently located near the freeway, shopping, dining, and top-rated schools, this home combines style, comfort, and location all in one.

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

Bedrooms5
Bathrooms3
Square feet2,961
Property typeSingle Family
MLS #6908792
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)
$3,519/mo
Source est. payment (PITI)
$3,911/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.