Properties / 2723 W APOLLO Road
FHA ASSUMABLERate: 2.73%

2723 W APOLLO Road

$349,900
Phoenix, AZ 85041
3 beds2 baths1,488 sqftSingle Family
The assumable advantage
2.73%
FHA assumed rate
$44,006 interest already paid off
Estimated Loan Balance$272,977
Cash to close$76,274
Est. Monthly PITI$1,848
Initial Loan Amount$312,230
Time on site0 days
Remaining Term24 years, 7 months
Seller's equity (what you pay)
$76,923
Cash or secondary financing
Monthly savings
$792
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

AGGRESSIVELY PRICED and packed with value, this 2020-built single-level home delivers the modern design and easy living buyers want. The open-concept great room flows into a standout kitchen with granite counters, oversized island with breakfast bar, rich cabinetry, gas range, pantry, and built-in microwave. 9+ foot ceilings and no interior steps create an airy, effortless feel. The primary suite offers dual sinks with a separate tub and shower, while two additional bedrooms provide flexible space for guests, work, or hobbies. Enjoy a low-maintenance backyard with synthetic turf, gravel landscaping, block fencing, and a patio. Complete with a 2-car garage in Laveen Gardens, this move-in-ready 3-bed, 2-bath home is an exceptional opportunity at a price designed to get attention. Act fast!

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 $76,923. 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 feet1,488
Property typeSingle Family
MLS #7079284
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)
$1,271/mo
Source est. payment (PITI)
$1,848/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$76,923

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

$0$76,923
Additional funds needed$0

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