Properties / 5611 W MOODY Trail
FHA ASSUMABLERate: 6.63%

5611 W MOODY Trail

$415,000
Laveen, AZ 85339
3 beds2 baths1,402 sqftSingle Family
The assumable advantage
6.63%
FHA assumed rate
$65,168 interest already paid off
Estimated Loan Balance$375,205
Cash to close$40,194
Est. Monthly PITI$3,007
Initial Loan Amount$385,871
Time on site38 days
Remaining Term27 years, 5 months
Seller's equity (what you pay)
$39,795
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

Better than new! Why wait for a new build when this 2024 home already has all the upgrades the builders leave out? Enjoy window coverings, and a FULLY LANDSCAPED backyard. This thoughtfully designed 3-bedroom, 2-bath home features an open-concept layout with granite countertops, white cabinetry, stainless steel appliances, a large kitchen island, and durable tile flooring throughout the main living areas. The spacious primary suite offers a large closet and beautifully designed walk-in shower, while the generous family room is perfect for gathering with family and friends. Step outside to your covered patio with turf, pavers, and stunning Laveen mountain views. Located in a prime Laveen location with quick access to Loop 202, shopping, dining, and entertainment!

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 $39,795. 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 feet1,402
Property typeSingle Family
MLS #7062403
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)
$2,477/mo
Source est. payment (PITI)
$3,007/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$39,795

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

$0$39,795
Additional funds needed$0

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