Properties / 6139 W COLTER Street
FHA ASSUMABLERate: 4.17%

6139 W COLTER Street

$535,000
Glendale, AZ 85301
5 beds3 baths1,877 sqftSingle Family
The assumable advantage
4.17%
FHA assumed rate
$72,605 interest already paid off
Estimated Loan Balance$387,152
Cash to close$149,923
Est. Monthly PITI$2,654
Initial Loan Amount$417,582
Time on site50 days
Remaining Term25 years, 9 months
Seller's equity (what you pay)
$147,848
Cash or secondary financing
Monthly savings
$1,109
Versus today's market rate
Est. savings per year
$13K
Versus today's market rate

About this home

Completely remodeled and move-in ready, this stunning 5-bedroom, 3-bathroom home has been thoughtfully updated from top to bottom. Major improvements include updated plumbing, dual-pane windows, A/C, roof, and elegant porcelain tile flooring throughout. The beautifully redesigned kitchen features modern cabinetry, sleek countertops, and upscale finishes, while the custom bathrooms offer a luxurious, contemporary feel. The exterior is just as impressive, showcasing a professionally designed front yard with artificial turf, pavers, an extended carport, and an RV gate with ample parking. The backyard is an entertainer's dream, featuring a custom pebble-finish pool, pavers, artificial turf, and a newly added built-in barbecue area completed in 2025.Don't miss this rare opportunity.

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 $147,848. 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 feet1,877
Property typeSingle Family
MLS #7052296
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)
$2,046/mo
Source est. payment (PITI)
$2,654/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$147,848

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

$0$147,848
Additional funds needed$0

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