Properties / 10637 W PIMA Street
FHA ASSUMABLERate: 3.94%

10637 W PIMA Street

$440,000
Tolleson, AZ 85353
4 beds3 baths2,228 sqftSingle Family
The assumable advantage
3.94%
FHA assumed rate
$70,462 interest already paid off
Estimated Loan Balance$183,586
Cash to close$256,414
Est. Monthly PITI$1,537
Initial Loan Amount$223,378
Time on site14 days
Remaining Term21 years, 4 months
Seller's equity (what you pay)
$256,414
Cash or secondary financing
Monthly savings
$1,534
Versus today's market rate
Est. savings per year
$18K
Versus today's market rate

About this home

Adorable two-story home with a sparkling pool! Discover the inviting living areas ready to bring you joy, showcasing wood-look flooring, tile in all the right places, abundant natural light, and a soothing palette that makes you want to stay. Whip up your signature dishes in the well-appointed kitchen, complete with oak cabinets, ample counter space, stainless steel appliances, and a walk-in pantry for all your gadgets. The airy loft is perfect for a TV area or an office. Get a good night's rest in the primary bedroom, which includes a bathroom with dual sinks and a practical walk-in closet. The backyard features a covered patio perfect for morning coffee, a grass area, a shed for added storage, and a refreshing pool to enjoy on sunny days! Welcome home!

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 $256,414. 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 feet2,228
Property typeSingle Family
MLS #7072570
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)
$1,061/mo
Source est. payment (PITI)
$1,537/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$256,414

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

$0$256,414
Additional funds needed$0

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