Properties / 16551 W JACKSON Street
FHA ASSUMABLERate: 3.23%

16551 W JACKSON Street

$439,000
Goodyear, AZ 85338
4 beds2 baths1,789 sqftSingle Family
The assumable advantage
3.23%
FHA assumed rate
$49,102 interest already paid off
Estimated Loan Balance$225,109
Cash to close$213,369
Est. Monthly PITI$1,590
Initial Loan Amount$260,200
Time on site0 days
Remaining Term23 years, 10 months
Seller's equity (what you pay)
$213,891
Cash or secondary financing
Monthly savings
$1,459
Versus today's market rate
Est. savings per year
$18K
Versus today's market rate

About this home

Well maintained 4-bed, 2 bath home with 2 car garage, nestled in Goodyear's prominent Canyon Trails community. Elegant open-concept floor plan showcases updated wood-look plank tile flooring, a kitchen that's and clean bright, designed thoughtfully with Quartz countertops, complementing tile backsplash, stainless steel appliances, and bold island. Windows are enclosed by premium Plantation shutters throughout in addition to ceiling fans. Specious custom streamless shower design and dual vanity in master bathroom. Your primary bedroom suite cozies up to the sleek built-in electric fireplace. The rear patio edges out to a versatile backyard space with turf, lush citrus trees, and firepit for gatherings adorned with warm lighting + your very own private basketball or pickleball court. New A/C System in 2025. Pride of ownership is apparent. Great location, near gyms, schools, shopping, dining and in convenient proximity to freeways.

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 $213,891. 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 feet1,789
Property typeSingle Family
MLS #7078808
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)
$1,130/mo
Source est. payment (PITI)
$1,590/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$213,891

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

$0$213,891
Additional funds needed$0

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