Properties / 5970 W Augusta Avenue
FHA ASSUMABLERate: 3.09%

5970 W Augusta Avenue

$212,500
Glendale, AZ 85301
2 beds2 baths996 sqftSingle Family
The assumable advantage
3.09%
FHA assumed rate
$25,385 interest already paid off
Estimated Loan Balance$140,587
Cash to close$72,543
Est. Monthly PITI$975
Initial Loan Amount$158,574
Time on site50 days
Remaining Term24 years, 7 months
Seller's equity (what you pay)
$71,913
Cash or secondary financing
Monthly savings
$572
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Charming single-level townhome in Glendale, AZ, conveniently located near Thunderbird Hospital and ASU West Campus. Rentals allowed. Move-in ready with an onsite security guard. HOA: Dues cover roof, water, trash, and sewer. Two assigned carport parking spaces included. Updates include AC and water heater replaced in 2022 Interior is Freshly painted (2026) with brand-new living room carpet. Remodeled outside storage. Washer, dryer, and refrigerator included. Kitchen features white custom cabinetry and marble countertops. Open-concept layout with private, front-gated patio -- ideal for entertaining. Community is Pet-friendly.

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 $71,913. 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

Bedrooms2
Bathrooms2
Square feet996
Property typeSingle Family
MLS #7056963
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)
$681/mo
Source est. payment (PITI)
$975/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$71,913

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

$0$71,913
Additional funds needed$0

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