Properties / 7457 W SAN MIGUEL Avenue
FHA ASSUMABLERate: 4.91%

7457 W SAN MIGUEL Avenue

$374,999
Glendale, AZ 85303
4 beds2 baths1,600 sqftSingle Family
The assumable advantage
4.91%
FHA assumed rate
$60,280 interest already paid off
Estimated Loan Balance$52,501
Cash to close$323,219
Est. Monthly PITI$777
Initial Loan Amount$85,424
Time on site50 days
Remaining Term12 years, 9 months
Seller's equity (what you pay)
$322,498
Cash or secondary financing
Monthly savings
$1,749
Versus today's market rate
Est. savings per year
$21K
Versus today's market rate

About this home

NEW AC AS OF JULY 2026! Step into this Spanish Colonial-meets-Mediterranean-Ranch stunner! Boasting 4 comfy carpeted bedrooms & 2 chic baths, this home is pure eye candy. Strut across 18'' travertine-look tile into rooms wrapped in luxurious, velvety Venetian plaster walls. Fancy! Keep your cool with dual-pane windows & 5 breezy ceiling fans. Outside, your 2-car garage awaits, alongside a low-maintenance desert front yard (less weeding, more chilling!). Location? Unbeatable. You're 2 blocks from the local park, and just 5 miles from Cardinals Stadium & Westgate Entertainment District. Game days and date nights just got a massive upgrade! Ready to live the dream?

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 $322,498. 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
Bathrooms2
Square feet1,600
Property typeSingle Family
MLS #7035107
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)
$462/mo
Source est. payment (PITI)
$777/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$322,498

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

$0$322,498
Additional funds needed$0

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