Properties / 10436 W RUTH Avenue
FHA ASSUMABLERate: 3.69%

10436 W RUTH Avenue

$409,990
Peoria, AZ 85345
3 beds2 baths1,707 sqftSingle Family
The assumable advantage
3.69%
FHA assumed rate
$58,541 interest already paid off
Estimated Loan Balance$133,561
Cash to close$277,189
Est. Monthly PITI$1,137
Initial Loan Amount$171,830
Time on site38 days
Remaining Term19 years, 8 months
Seller's equity (what you pay)
$276,429
Cash or secondary financing
Monthly savings
$1,621
Versus today's market rate
Est. savings per year
$19K
Versus today's market rate

About this home

Beautifully remodeled 3-bedroom, 2-bath home located in a highly desirable neighborhood with no HOA! This move-in-ready home features an inviting open floor plan, stylish modern finishes, and plenty of natural light throughout. The spacious kitchen and living areas create the perfect setting for everyday living and entertaining. Step outside to a beautifully finished backyard designed for hosting family gatherings, barbecues, or simply relaxing year-round. The RV gate offers added convenience with extra space for your RV, boat, trailer, or additional vehicles. Conveniently located near shopping, dining, parks, schools, and easy freeway access, this home combines comfort, style, and functionality. Don't miss the opportunity to make this exceptional property your own!

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 $276,429. 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 feet1,707
Property typeSingle Family
MLS #7062070
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)
$797/mo
Source est. payment (PITI)
$1,137/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$276,429

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

$0$276,429
Additional funds needed$0

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