Properties / 32047 N 125TH Avenue
FHA ASSUMABLERate: 6.61%

32047 N 125TH Avenue

$569,000
Peoria, AZ 85383
4 beds3 baths2,374 sqftSingle Family
The assumable advantage
6.61%
FHA assumed rate
$86,304 interest already paid off
Estimated Loan Balance$484,064
Cash to close$86,993
Est. Monthly PITI$3,776
Initial Loan Amount$496,824
Time on site50 days
Remaining Term27 years, 4 months
Seller's equity (what you pay)
$84,936
Cash or secondary financing
Monthly savings
$163
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

Seller will consider contributing to buyer closing costs or rate buy down. Experience contemporary living in this beautifully designed home featuring an open floor plan, a bright and airy great room, and a gourmet kitchen complete with a gas stove and walk-in pantry. A convenient downstairs bedroom with a full bath offers the perfect space for guests or a home office. Upstairs, the spacious primary suite boasts breathtaking mountain views, a large walk-in closet, and a spa-like bathroom. Two additional generously sized bedrooms, a full bath, and a flexible loft provide plenty of room for work, play, or relaxation.The low-maintenance backyard, designed with turf and gravel, is ideal for relaxing or entertaining. Enjoy easy access to the community pool, playground, and scenic trails.

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 $84,936. 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
Bathrooms3
Square feet2,374
Property typeSingle Family
MLS #7025864
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)
$3,193/mo
Source est. payment (PITI)
$3,776/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$84,936

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

$0$84,936
Additional funds needed$0

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