Properties / 7429 S 76TH Lane
FHA ASSUMABLERate: 3.99%

7429 S 76TH Lane

$429,500
Laveen, AZ 85339
4 beds2 baths1,604 sqftSingle Family
The assumable advantage
3.99%
FHA assumed rate
$21,324 interest already paid off
Estimated Loan Balance$426,139
Cash to close$3,361
Est. Monthly PITI$2,630
Initial Loan Amount$431,979
Time on site50 days
Remaining Term28 years, 10 months
Seller's equity (what you pay)
$3,361
Cash or secondary financing
Monthly savings
$458
Versus today's market rate
Est. savings per year
$5K
Versus today's market rate

About this home

3.99% Assumable FHA Loan! Qualified buyers can assume the existing 3.99% FHA interest rate through July 2027, adjusting to 4.99% for the remainder of the loan (buyer must qualify)--an exceptional financing opportunity that's becoming increasingly rare. Ideally located in one of Laveen's fastest-growing communities, you'll enjoy breathtaking mountain views and quick access to South Mountain Park & Preserve, one of the nation's largest municipal parks, offering miles of hiking, mountain biking, horseback riding, and spectacular desert scenery. Conveniently located near Loop 202, Downtown Phoenix, shopping, dining, and everyday amenities, this location perfectly balances outdoor adventure with city convenience. Built in 2025, this better-than-new 4-bedroom, 2-bath home sits on a premium ..... corner lot with beautiful mountain views and features a modern, thoughtfully designed floor plan that perfectly complements the incredible lifestyle this community has to offer.

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 $3,361. 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
Bathrooms2
Square feet1,604
Property typeSingle Family
MLS #7049377
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)
$2,075/mo
Source est. payment (PITI)
$2,630/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$3,361

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

$0$3,361
Additional funds needed$0

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