Properties / 7403 W STATE Avenue
FHA ASSUMABLERate: 6.49%

7403 W STATE Avenue

$460,000
Glendale, AZ 85303
5 beds3 baths2,465 sqftSingle Family
The assumable advantage
6.49%
FHA assumed rate
$65,961 interest already paid off
Estimated Loan Balance$487,910
Cash to close$0
Est. Monthly PITI$3,537
Initial Loan Amount$493,436
Time on site50 days
Remaining Term28 years
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

Ignore days on market! Approved Short Sale! Brand New Home! just minutes from the energy of Westgate and the excitement of Cardinals football. A bright, inviting foyer welcomes you into a warm, open-concept living space where family memories are made. The living room flows seamlessly into the chef-inspired kitchen, showcasing sleek granite countertops, stainless steel appliances, ample cabinetry, and a generous island--perfect for casual breakfasts or holiday gatherings. With five roomy bedrooms and three full baths, this home offers ideal space for growing families or hosting overnight guests. Imagine sipping your morning coffee or sharing stories on the spacious backyard patio. Come see it today!

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 feet2,465
Property typeSingle Family
MLS #6917481
CountyMaricopa County
Assumable loanFHA
Tour this home
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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
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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)
$3,154/mo
Source est. payment (PITI)
$3,537/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.