Properties / 2979 E YUMA Avenue
FHA ASSUMABLERate: 5.78%

2979 E YUMA Avenue

$429,999
Apache Junction, AZ 85119
4 beds3 baths1,800 sqftSingle Family
The assumable advantage
5.78%
FHA assumed rate
$98,882 interest already paid off
Estimated Loan Balance$406,474
Cash to close$22,965
Est. Monthly PITI$3,175
Initial Loan Amount$430,546
Time on site0 days
Remaining Term26 years
Seller's equity (what you pay)
$23,525
Cash or secondary financing
Monthly savings
$15
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Welcome to 2979 E Yuma Ave, where desert charm meets comfortable Arizona living! This Apache Junction gem offers a fantastic opportunity to enjoy stunning mountain surroundings, abundant sunshine, and easy access to outdoor recreation. The inviting property provides a versatile setting for relaxing, entertaining, or making it your own. Ideally located near shopping, dining, parks, and major routes, this home delivers convenience without sacrificing the peaceful feel of the East Valley. Whether you're looking for a full-time residence, winter getaway, or investment opportunity, this property is ready to impress. Come see the possibilities and make 2979 E Yuma Ave your next Arizona address!

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 $23,525. 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
Bathrooms3
Square feet1,800
Property typeSingle Family
MLS #7080001
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)
$2,521/mo
Source est. payment (PITI)
$3,175/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$23,525

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

$0$23,525
Additional funds needed$0

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