Properties / 106 E INDIGO Street
FHA ASSUMABLERate: 4.3%

106 E INDIGO Street

$429,000
Mesa, AZ 85201
3 beds2 baths1,630 sqftSingle Family
The assumable advantage
4.3%
FHA assumed rate
$67,302 interest already paid off
Estimated Loan Balance$384,231
Cash to close$51,574
Est. Monthly PITI$2,546
Initial Loan Amount$405,028
Time on site50 days
Remaining Term26 years, 1 month
Seller's equity (what you pay)
$44,769
Cash or secondary financing
Monthly savings
$486
Versus today's market rate
Est. savings per year
$6K
Versus today's market rate

About this home

ASSUMABLE FHA LOAN at 4.3% (~$383K balance) for qualified buyers! Bonus, NO HOA! Experience this beautifully upgraded Mesa home with modern finishes and major updates. Features include an RV gate, spacious parking, recessed lighting, semi-split floor plan and updated flooring throughout--no carpet. Enjoy a custom AV system with Dolby Atmos surround sound in the living room and patio. The kitchen offers stainless steel appliances, white subway tile backsplash, and ample storage, plus a backyard storage shed. Primary suite includes a granite vanity and walk-in shower. Relax in the large backyard with a covered patio, TV, trampoline, and playground set included. New roof (2024) and water heater (2025). Close to Mesa Riverview, parks, and freeways. Some photos may be virtually decluttered.

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 $44,769. 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 feet1,630
Property typeSingle Family
MLS #7018980
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)
$2,546/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$44,769

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

$0$44,769
Additional funds needed$0

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