Properties / 11066 E ABILENE Avenue
FHA ASSUMABLERate: 2.96%

11066 E ABILENE Avenue

$409,900
Mesa, AZ 85208
4 beds3 baths1,540 sqftSingle Family
The assumable advantage
2.96%
FHA assumed rate
$54,092 interest already paid off
Estimated Loan Balance$337,856
Cash to close$77,242
Est. Monthly PITI$2,072
Initial Loan Amount$374,440
Time on site50 days
Remaining Term24 years, 11 months
Seller's equity (what you pay)
$72,044
Cash or secondary financing
Monthly savings
$818
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

Immaculate and beautifully remodeled two-story home featuring 4 bedrooms and 2.5 bathrooms, lovingly maintained and move-in ready. This home offers a bright, open layout with stylish finishes throughout and a spacious 2-car garage. Step outside to a low-maintenance backyard with turf and clean desert landscaping, perfect for relaxing or entertaining. Ideally located close to shopping, dining, and everyday conveniences, with easy freeway access just minutes away, making commuting a breeze. A perfect blend of comfort, style, and location-this home is a must-see!

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 $72,044. 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 feet1,540
Property typeSingle Family
MLS #6977650
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)
$1,599/mo
Source est. payment (PITI)
$2,072/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$72,044

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

$0$72,044
Additional funds needed$0

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