Properties / 4206 S 96TH Lane
FHA ASSUMABLERate: 5.25%

4206 S 96TH Lane

$469,000
Tolleson, AZ 85353
4 beds3 baths2,525 sqftSingle Family
The assumable advantage
5.25%
FHA assumed rate
$10,427 interest already paid off
Estimated Loan Balance$397,435
Cash to close$72,489
Est. Monthly PITI$2,804
Initial Loan Amount$398,351
Time on site50 days
Remaining Term29 years, 7 months
Seller's equity (what you pay)
$71,565
Cash or secondary financing
Monthly savings
$559
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

UNBELIEVABLY LOW PRICE ON THIS Next Gen® HOME w/ mother-in-law quarters. 2 HOMES UNDER ONE ROOF! 2 KITCHENS, 2 LIVING ROOMS, 2 LAUNDRYS, 2 walk-in closets, 4BD & 3BA LENNAR Next Gen® suite & home!! The interior of the suite was painted in 2025 & interior of main home was painted in 2026. The suite has its own AC, kitchen w/ gas appliances, laundry, breakfast bar, living room, walk-in closet & lg bdrm. This smart home is equipped w/ security system, tankless water heater, stainless kitchen appliances, faux wood TILE floors, custom sliding door coverings, 3.5'' baseboards, RING doorbell, storm doors, motion sensor lighting & more! The primary bdrm has it's own thermostat! Great split floorplan. Situated across from a gorgeous park w/ covered bbq/dining, playground & walking paths.

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 $71,565. 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 feet2,525
Property typeSingle Family
MLS #7040180
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$2,207/mo
Source est. payment (PITI)
$2,804/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$71,565

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

$0$71,565
Additional funds needed$0

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