Properties / 21131 W ALVARADO Road
FHA ASSUMABLERate: 2.74%

21131 W ALVARADO Road

$444,900
Buckeye, AZ 85396
4 beds3 baths2,466 sqftSingle Family
The assumable advantage
2.74%
FHA assumed rate
$52,902 interest already paid off
Estimated Loan Balance$330,090
Cash to close$117,128
Est. Monthly PITI$2,125
Initial Loan Amount$373,940
Time on site50 days
Remaining Term24 years, 7 months
Seller's equity (what you pay)
$114,810
Cash or secondary financing
Monthly savings
$1,085
Versus today's market rate
Est. savings per year
$13K
Versus today's market rate

About this home

3.2% FHA ASSUMABLE LOAN! Subject to buyer qualification and lender approval. Step inside to custom accent walls, elevated finishes, and a show-stopping chef's kitchen featuring a quartz island designed for gathering and entertaining. The thoughtfully curated interior brings style and personality throughout, with upgraded details that give the home a polished, custom feel. Outside, the backyard is built for AZ entertaining. Enjoy low-maintenance turf, a stone-veneer fireplace, built-in TV setup, and a full tiki bar. With four bedrooms, a beautifully upgraded interior, and an entertainer's backyard, this home delivers the style and features buyers are looking for at an incredible price point. Come see it in person and make it yours! AI enhanced furniture staging.

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 $114,810. 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 feet2,466
Property typeSingle Family
MLS #7039934
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)
$1,539/mo
Source est. payment (PITI)
$2,125/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$114,810

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

$0$114,810
Additional funds needed$0

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