Properties / 12148 W BRILES Road
FHA ASSUMABLERate: 7.19%

12148 W BRILES Road

$429,900
Peoria, AZ 85383
4 beds4 baths2,333 sqftSingle Family
The assumable advantage
7.19%
FHA assumed rate
$75,383 interest already paid off
Estimated Loan Balance$364,480
Cash to close$65,061
Est. Monthly PITI$3,073
Initial Loan Amount$375,254
Time on site0 days
Remaining Term27 years, 3 months
Seller's equity (what you pay)
$65,420
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

IMPECCABLY MAINTAINED, MOVE-IN READY, and AGGRESSIVELY PRICED! This 4-bedroom, 4-bath Peoria home offers 2,333 sq ft of comfortable, well-cared-for living space. The open main level is ideal for everyday living and entertaining, with a spacious kitchen featuring espresso cabinetry, granite counters, upgraded stainless steel appliances, a large island, and abundant lighting. Generous bedrooms and a light-filled primary retreat provide room to spread out. The standout backyard is ready for relaxing, entertaining, and enjoying Arizona sunshine. Complete with a welcoming covered front porch, low-maintenance landscaping, and a 2-car garage, this home delivers space, condition, outdoor living, and exceptional value.

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 $65,420. 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

Bedrooms4
Bathrooms4
Square feet2,333
Property typeSingle Family
MLS #7078707
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)
$2,545/mo
Source est. payment (PITI)
$3,073/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$65,420

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

$0$65,420
Additional funds needed$0

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