Properties / 11001 W RIO VISTA Lane
FHA ASSUMABLERate: 6.04%

11001 W RIO VISTA Lane

$400,000
Avondale, AZ 85323
4 beds3 baths1,823 sqftSingle Family
The assumable advantage
6.04%
FHA assumed rate
$88,428 interest already paid off
Estimated Loan Balance$62,148
Cash to close$337,575
Est. Monthly PITI$941
Initial Loan Amount$98,188
Time on site0 days
Remaining Term12 years, 6 months
Seller's equity (what you pay)
$337,852
Cash or secondary financing
Monthly savings
$1,768
Versus today's market rate
Est. savings per year
$21K
Versus today's market rate

About this home

Welcome to this BEAUTIFULLY UPDATED 4 bedroom, 3 bathroom home offering 1823 sq. ft. of BRIGHT & OPEN living space with large VAULTED ceilings, a NEW HVAC in 2026, WOOD PLANK TILE flooring throughout, MODERN FIXTURES, and 1 full bath and 1 bedroom downstairs. The kitchen features black appliances including a GAS RANGE, white cabinetry, & spacious QUARTZ countertops perfect for entertaining. This NORTH/SOUTH facing two story home has a LOW MAINTENANCE front and backyard with a covered patio and synthetic turf and tons of possibilities to design everything you ever wanted. MUST SEE!

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 $337,852. 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 feet1,823
Property typeSingle Family
MLS #7078566
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)
$591/mo
Source est. payment (PITI)
$941/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$337,852

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

$0$337,852
Additional funds needed$0

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