Properties / 8819 W GLENROSA Avenue
FHA ASSUMABLERate: 5.23%

8819 W GLENROSA Avenue

$345,000
Phoenix, AZ 85037
3 beds1 baths1,273 sqftSingle Family
The assumable advantage
5.23%
FHA assumed rate
$73,244 interest already paid off
Estimated Loan Balance$328,734
Cash to close$19,648
Est. Monthly PITI$2,444
Initial Loan Amount$346,606
Time on site50 days
Remaining Term25 years, 11 months
Seller's equity (what you pay)
$16,266
Cash or secondary financing
Monthly savings
$103
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Welcome to your dream home with NO HOA!! Thoughtfully designed with comfort and style in mind, this gem is packed with features you're sure to love. Spacious open floor plan, filled with natural light, creates an airy atmosphere and effortless flow for everyday living and entertaining. Impeccable kitchen offers abundant cabinetry, stainless steel appliances, granite counters, and recessed lighting that illuminates every corner. Each sizable bedroom offers a peaceful retreat for restful nights. Don't miss the spacious backyard complete a cozy patio for unwinding and a refreshing POOL, perfect for relaxing and enjoying sunny days. Don't miss your chance to make this adorable value yours today! Hurry!

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 $16,266. 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
Bathrooms1
Square feet1,273
Property typeSingle Family
MLS #6988690
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)
$1,932/mo
Source est. payment (PITI)
$2,444/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$16,266

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

$0$16,266
Additional funds needed$0

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