Properties / 3795 N 298TH Avenue
FHA ASSUMABLERate: 3.02%

3795 N 298TH Avenue

$345,000
Buckeye, AZ 85396
4 beds2 baths1,915 sqftSingle Family
The assumable advantage
3.02%
FHA assumed rate
$44,942 interest already paid off
Estimated Loan Balance$233,135
Cash to close$114,547
Est. Monthly PITI$1,616
Initial Loan Amount$265,109
Time on site50 days
Remaining Term24 years, 1 month
Seller's equity (what you pay)
$111,865
Cash or secondary financing
Monthly savings
$899
Versus today's market rate
Est. savings per year
$11K
Versus today's market rate

About this home

Enjoy a flexible layout with four generously sized bedrooms and two separate living spaces that can be tailored to your needs, whether as a family room, media room, playroom, or home office. This charming residence in Tartesso is the one! Offering 4 beds, 2 baths, 2-car garage, & a low-care landscape. The cozy front porch is just the beginning. Discover an inviting interior showcasing abundant natural light, a designer palette, and tile flooring w/plush carpet in all the right places. If entertaining is on your mind, the seamlessly flowing open layout is sure to impress! The kitchen boasts built-in appliances, granite counters, a pantry, wood cabinetry, and an island w/breakfast bar. The primary bedroom has a walk-in closet & an ensuite with dual sinks.

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 $111,865. 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 feet1,915
Property typeSingle Family
MLS #7012146
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)
$1,136/mo
Source est. payment (PITI)
$1,616/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$111,865

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

$0$111,865
Additional funds needed$0

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