Properties / 2159 N MARKETSIDE Avenue
FHA ASSUMABLERate: 4.17%

2159 N MARKETSIDE Avenue

$420,000
Buckeye, AZ 85396
4 beds3 baths2,064 sqftSingle Family
The assumable advantage
4.17%
FHA assumed rate
$67,227 interest already paid off
Estimated Loan Balance$359,745
Cash to close$62,804
Est. Monthly PITI$2,536
Initial Loan Amount$386,650
Time on site50 days
Remaining Term25 years, 9 months
Seller's equity (what you pay)
$60,255
Cash or secondary financing
Monthly savings
$576
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Two story home in master planned community of Verrado with A Rated Schools. This home has an open floor plan with wood-look tile throughout and kitchen with island, backsplash, stone countertops and stainless steel appliances. There is tile throughout the main floors and carpet in the bedrooms. All bedrooms are on 2nd floor, including laundry. There is a loft for extra living space off of the bedrooms. Master has a large walk-in closet, walk-in shower and dual vanity sinks. 3 additional bedrooms share a full bath with dual vanity sinks. Finished backyard with covered patio and turf. Verrado offers 3 community pools, splash pad, fitness center, 28+ parks and hiking trails, two golf courses, dog parks, shopping, dining, pickleball court, sports courts and activities year round.

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 $60,255. 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

Bedrooms4
Bathrooms3
Square feet2,064
Property typeSingle Family
MLS #7032180
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)
$1,901/mo
Source est. payment (PITI)
$2,536/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$60,255

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

$0$60,255
Additional funds needed$0

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