Properties / 4535 W CONTINENTAL Drive
FHA ASSUMABLERate: 6.5%

4535 W CONTINENTAL Drive

$310,000
Glendale, AZ 85308
3 beds2 baths1,143 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$27,613 interest already paid off
Estimated Loan Balance$229,569
Cash to close$80,667
Est. Monthly PITI$1,790
Initial Loan Amount$234,025
Time on site50 days
Remaining Term28 years, 2 months
Seller's equity (what you pay)
$80,431
Cash or secondary financing
Monthly savings
$346
Versus today's market rate
Est. savings per year
$4K
Versus today's market rate

About this home

Check out this charming townhome in the peaceful Bellair! With 3 beds & 2 baths, it tastefully blends comfort and convenience. Discover the welcoming living room paired with a vaulted ceiling that adds to the airy feel! Neutral paint creates an inviting vibe, complemented by wood-look tile flooring t/out. The impressive eat-in kitchen boasts SS appliances, granite counters, designer tile backsplash, recessed lighting, white shaker cabinets, and a peninsula w/breakfast bar. Enter the main bedroom to find a walk-in closet and an attached bathroom. The private backyard, with a covered patio & artificial turf, is the ideal spot to relax or enjoy BBQ. Plus a storage closet! There is also an assigned carport. Don't miss this Community pool, spa, tennis court, playground, & more.

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 $80,431. 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 feet1,143
Property typeSingle Family
MLS #6993732
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)
$1,482/mo
Source est. payment (PITI)
$1,790/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$80,431

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

$0$80,431
Additional funds needed$0

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