Properties / 4507 W DONNER Drive
FHA ASSUMABLERate: 2.91%

4507 W DONNER Drive

$483,000
Laveen, AZ 85339
5 beds3 baths3,002 sqftSingle Family
The assumable advantage
2.91%
FHA assumed rate
$54,339 interest already paid off
Estimated Loan Balance$293,275
Cash to close$189,725
Est. Monthly PITI$2,046
Initial Loan Amount$337,376
Time on site16 days
Remaining Term24 years, 2 months
Seller's equity (what you pay)
$189,725
Cash or secondary financing
Monthly savings
$1,439
Versus today's market rate
Est. savings per year
$17K
Versus today's market rate

About this home

A rare find! Welcome to this beautifully maintained two-story residence offering comfort, functionality, & inviting living spaces you'll love coming home to. Abundant natural light graces every corner, from the airy living room w/picture windows to the formal dining room & desirable great room highlighted by a cozy fireplace, creating the perfect setting to relax & stay warm during the cooler months. Well-appointed kitchen features a pantry, SS appliances, honey oak cabinets, granite counters, a breakfast bar, & a breakfast nook framed by a lovely bay window. Serene main bedroom boasts balcony access, double-door entry, an ensuite w/a make-up desk, & a walk-in closet. PLUS! Flexible den provides endless possibilities & can easily be converted into an additional bedroom, office, or gym. Large backyard includes a covered patio, fire pit, & a refreshing pool. Don't let this amazing gem slip by!

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 $189,725. 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 feet3,002
Property typeSingle Family
MLS #7071518
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)
$1,409/mo
Source est. payment (PITI)
$2,046/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$189,725

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

$0$189,725
Additional funds needed$0

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