Properties / 36456 W BILBAO Street
FHA ASSUMABLERate: 6.82%

36456 W BILBAO Street

$350,000
Maricopa, AZ 85138
5 beds3 baths2,403 sqftSingle Family
The assumable advantage
6.82%
FHA assumed rate
$57,101 interest already paid off
Estimated Loan Balance$354,938
Cash to close$0
Est. Monthly PITI$2,847
Initial Loan Amount$363,199
Time on site50 days
Remaining Term27 years, 8 months
Seller's equity (what you pay)
$0
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

Beautiful and spacious 5-bedroom, 3-bath home offering over 2,400 sq ft of comfortable living space. This home features an open-concept layout, perfect for both everyday living and entertaining. The kitchen opens to a generous living area, creating a warm and inviting atmosphere. The primary suite offers ample space and privacy, while the additional bedrooms provide flexibility for family, guests, or a home office. Located in a desirable Maricopa community with convenient access to schools, parks, and shopping. A great opportunity you don't want to miss!

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 $0. 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

Bedrooms5
Bathrooms3
Square feet2,403
Property typeSingle Family
MLS #7051048
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)
$2,380/mo
Source est. payment (PITI)
$2,847/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.