Properties / 6982 W IRMA Lane
FHA ASSUMABLERate: 2.99%

6982 W IRMA Lane

$599,950
Glendale, AZ 85308
4 beds2 baths2,214 sqftSingle Family
The assumable advantage
2.99%
FHA assumed rate
$44,927 interest already paid off
Estimated Loan Balance$272,983
Cash to close$326,352
Est. Monthly PITI$1,887
Initial Loan Amount$307,793
Time on site0 days
Remaining Term24 years, 11 months
Seller's equity (what you pay)
$326,967
Cash or secondary financing
Monthly savings
$2,242
Versus today's market rate
Est. savings per year
$27K
Versus today's market rate

About this home

Your dream home is here! This delightful 4-bedroom, 2-bath property welcomes you with a 3-car garage, a manicured lawn with mature shade trees, and an inviting front patio. You'll be delighted by the spacious open layout with vaulted ceilings. Roof,paint and flooring was all remodeled in 2021 along with new master bath in 2026. The family room includes a cozy fireplace for relaxing moments with loved ones. Culinary adventures await in the gourmet kitchen, equipped with skylights for abundant natural light, granite counters, ample wood cabinets with crown moulding, a tile backsplash, stainless steel appliances, a pantry, and an island with a breakfast bar for casual dining. The primary bedroom showcases direct backyard access, an ensuite with double sinks, a soaking tub, and a walk-in close Imagine peaceful afternoons in the lovely backyard, which offers a covered patio, a built-in BBQ with a dry bar for weekend grilling, pristine artificial turf, stylish pavers, and a fire pit for evenings under the stars. Make this gem yours today!

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 $326,967. 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 feet2,214
Property typeSingle Family
MLS #7080133
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$1,296/mo
Source est. payment (PITI)
$1,887/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$326,967

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

$0$326,967
Additional funds needed$0

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