Properties / 12819 W GRANADA Road
FHA ASSUMABLERate: 6.5%

12819 W GRANADA Road

$389,900
Avondale, AZ 85392
3 beds2 baths1,716 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$31,015 interest already paid off
Estimated Loan Balance$270,268
Cash to close$119,908
Est. Monthly PITI$2,144
Initial Loan Amount$275,233
Time on site50 days
Remaining Term28 years, 3 months
Seller's equity (what you pay)
$119,632
Cash or secondary financing
Monthly savings
$556
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Introducing this wonderful 3-bedroom gem filled with features you're sure to love! Thoughtfully designed for both everyday living and entertaining, this home offers an inviting living and dining area along with a harmonious great room enhanced by surround sound. Tall vaulted ceilings, neutral paint, wood-look tile flooring, and tons of natural light enhance the house's warm and welcoming charm. The fabulous kitchen displays a mosaic tile backsplash, newer SMART stainless steel appliances, granite counters, and a center island with a breakfast bar. The spacious main bedroom is complete with plush carpet, a walk-in closet, and an ensuite with dual sinks. Relax and unwind in the private backyard that backs up to a greenbelt with no neighbors directly behind, featuring a covered patio, tranquil koi pond, and productive fruit trees including lemon, orange, and peach. It's the perfect setting for peaceful afternoons and enjoying freshly squeezed juice right from your own yard. Don't miss out!

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 $119,632. 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 feet1,716
Property typeSingle Family
MLS #7027518
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)
$1,743/mo
Source est. payment (PITI)
$2,144/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$119,632

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

$0$119,632
Additional funds needed$0

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