Properties / 9127 W CAMBRIDGE Avenue
FHA ASSUMABLERate: 6.64%

9127 W CAMBRIDGE Avenue

$400,000
Phoenix, AZ 85037
3 beds2 baths1,430 sqftSingle Family
The assumable advantage
6.64%
FHA assumed rate
$62,208 interest already paid off
Estimated Loan Balance$382,723
Cash to close$17,678
Est. Monthly PITI$2,970
Initial Loan Amount$392,755
Time on site35 days
Remaining Term27 years, 7 months
Seller's equity (what you pay)
$17,277
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

Great location near the Westgate Entertainment District. This 3-bedroom, 2-bathroom home offers 1,430 sq. ft. of comfortable living space, just minutes from Westgate's shopping, dining, State Farm Stadium, and Desert Diamond Arena, with easy freeway access for commuting anywhere in the Valley. Built in 2003, the home features a functional layout with an open kitchen and living area, a private primary suite, and a low-maintenance yard ready for your personal touch. Whether you're catching a game, grabbing dinner at Westgate, or just enjoying the convenience of nearby shopping and entertainment, this location is hard to beat. A great option for buyers who want to be close to it all.

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 $17,277. 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 feet1,430
Property typeSingle Family
MLS #7063450
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)
$2,524/mo
Source est. payment (PITI)
$2,970/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$17,277

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

$0$17,277
Additional funds needed$0

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