Properties / 12813 W MONTE VISTA Road
FHA ASSUMABLERate: 3.07%

12813 W MONTE VISTA Road

$469,900
Avondale, AZ 85392
3 beds2 baths1,957 sqftSingle Family
The assumable advantage
3.07%
FHA assumed rate
$47,697 interest already paid off
Estimated Loan Balance$316,379
Cash to close$154,881
Est. Monthly PITI$2,040
Initial Loan Amount$350,020
Time on site50 days
Remaining Term25 years, 4 months
Seller's equity (what you pay)
$153,521
Cash or secondary financing
Monthly savings
$1,272
Versus today's market rate
Est. savings per year
$15K
Versus today's market rate

About this home

Beautifully upgraded 3/2 + office, formal living & dining on a corner lot in sought-after Rancho Santa Fe! Chef's kitchen w/quartz counters, tile backsplash & RO system. Spacious family room anchored by a stunning built-in entertainment center -- imagine evenings in front of the modern electric fireplace, watching your favorite movies on the 86'' Smart TV w/5.1 surround sound. Spa-like master bath fully renovated w/walk-in shower, soaking tub & double vanities. New Lennox AC, 28-panel solar throughout. This home is designed for entertaining inside or out -- huge pool w/water feature, new Pentair filtration, variable speed pump & night-lit patio. Mature trees, garden lights & new access gate. Top location -- walk to elementary school & playground, minutes to shopping, dining & I-10. This one checks every box!

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 $153,521. 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 feet1,957
Property typeSingle Family
MLS #7052027
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
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
Call

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)
$1,499/mo
Source est. payment (PITI)
$2,040/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$153,521

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

$0$153,521
Additional funds needed$0

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