Properties / 2511 W WILLOW Avenue
FHA ASSUMABLERate: 6.64%

2511 W WILLOW Avenue

$325,000
Phoenix, AZ 85029
3 beds2 baths1,194 sqftSingle Family
The assumable advantage
6.64%
FHA assumed rate
$51,823 interest already paid off
Estimated Loan Balance$309,948
Cash to close$16,964
Est. Monthly PITI$2,534
Initial Loan Amount$316,442
Time on site50 days
Remaining Term27 years, 7 months
Seller's equity (what you pay)
$15,052
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Welcome to this beautifully maintained 3-bed, 2-bath townhome in desirable North Phoenix! Open living space with abundant natural light, updated kitchen with stainless appliances, and a cozy dining area. Spacious primary suite with walk-in closet and private bath. Two additional bedrooms offer flexible space for guests or home office. Enjoy an attached 2-car garage, private patio perfect for outdoor entertaining, and low-maintenance living. Conveniently located near shopping, dining, parks, and easy freeway access. Don't miss out on this fantastic opportunity!

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 $15,052. 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
Bathrooms2
Square feet1,194
Property typeSingle Family
MLS #6996561
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)
$2,044/mo
Source est. payment (PITI)
$2,534/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$15,052

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

$0$15,052
Additional funds needed$0

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