Properties / 6922 S 50TH Glen
FHA ASSUMABLERate: 6.72%

6922 S 50TH Glen

$399,000
Laveen, AZ 85339
5 beds3 baths2,634 sqftSingle Family
The assumable advantage
6.72%
FHA assumed rate
$50,351 interest already paid off
Estimated Loan Balance$425,785
Cash to close$0
Est. Monthly PITI$3,330
Initial Loan Amount$432,030
Time on site50 days
Remaining Term28 years, 4 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

Welcome to this stunning 5-bedroom, 3-bathroom home nestled in the sought-after Rogers Ranch community of Laveen. Offering 2,634 square feet of thoughtfully designed living space, this 2006-built residence perfectly blends comfort, style, and convenience - with easy access to shopping, schools, and major freeways. The open-concept great room flows effortlessly into a beautifully appointed kitchen featuring granite countertops, a kitchen island, pantry, dishwasher, and refrigerator -- ideal for both everyday living and entertaining. A formal dining area off the great room adds even more versatility. One bedroom and a full bathroom on the main floor is perfect for guests or a private office. Generous open back yard offers a fresh palette for your custom outdoor living plans.

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 feet2,634
Property typeSingle Family
MLS #7033151
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)
$2,804/mo
Source est. payment (PITI)
$3,330/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.