Properties / 11012 W DURANGO Street
FHA ASSUMABLERate: 6.99%

11012 W DURANGO Street

$315,000
Avondale, AZ 85323
3 beds2 baths1,716 sqftSingle Family
The assumable advantage
6.99%
FHA assumed rate
$47,793 interest already paid off
Estimated Loan Balance$301,709
Cash to close$14,442
Est. Monthly PITI$2,436
Initial Loan Amount$307,330
Time on site50 days
Remaining Term27 years, 10 months
Seller's equity (what you pay)
$13,291
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

Discover this lovely 3-bedroom home with no HOA! Explore the bright and airy living areas, featuring wood-look flooring, vaulted ceilings that make it feel even more spacious, recessed lighting, as well as tons of natural light, and neutral paint that pairs well with any decor style. Whip up your favorite dishes in the well-appointed kitchen, equipped with spacious cabinetry, quartz countertops, a center island, perfect for quick meals, and stainless steel appliances. Get a good night's sleep in the main retreat, offering a bathroom with double sinks and a separate shower & tub for added convenience. The easy-maintenance backyard provides ample space for outdoor activities. Water heater is only 2 years old, and a/c is was installed in Oct. of 2025 with a 10 yr. warranty. Make it yours now.

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 $13,291. 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 feet1,716
Property typeSingle Family
MLS #7015471
CountyMaricopa County
Assumable loanFHA
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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
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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)
$2,052/mo
Source est. payment (PITI)
$2,436/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$13,291

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

$0$13,291
Additional funds needed$0

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