Properties / 13329 W LARIAT Lane
FHA ASSUMABLERate: 2.83%

13329 W LARIAT Lane

$480,000
Peoria, AZ 85383
3 beds3 baths1,920 sqftSingle Family
The assumable advantage
2.83%
FHA assumed rate
$51,439 interest already paid off
Estimated Loan Balance$295,661
Cash to close$185,730
Est. Monthly PITI$1,981
Initial Loan Amount$337,489
Time on site50 days
Remaining Term24 years, 3 months
Seller's equity (what you pay)
$184,339
Cash or secondary financing
Monthly savings
$1,426
Versus today's market rate
Est. savings per year
$17K
Versus today's market rate

About this home

OWNED SOLAR! Introducing this beautifully updated 3-bed/ 3 bath move-in ready 3 car tandem garage home. Fall in love w/the perfectly flowing open floor plan offering multi-sliding glass doors that open to the back patio for seamless indoor-outdoor living. Features like wood-look tile flooring, abundant natural light, ceiling fans, & fresh paint throughout create a warm, inviting atmosphere. Upgraded kitchen is equipped w/SS appliances, tile backsplash, a walk-in pantry, ample cabinets, recessed lighting, quartz counters, & a prep island w/a breakfast bar. Large primary retreat shines w/new carpet, an ensuite w/dual sinks, & a walk-in closet. This gem includes a 2nd main bedroom & a flexible den/office. Spacious backyard has a covered patio & a fire pit. This rare find is the one for you! Owned solar, not leased! The 12KW $48,500 solar system will be paid off by the Seller at closing. The solar system is less than 4 years old.

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 $184,339. 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
Bathrooms3
Square feet1,920
Property typeSingle Family
MLS #7046126
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)
$1,405/mo
Source est. payment (PITI)
$1,981/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$184,339

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

$0$184,339
Additional funds needed$0

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