Properties / 11014 W COCOPAH Street
FHA ASSUMABLERate: 6.5%

11014 W COCOPAH Street

$330,000
Avondale, AZ 85323
3 beds2 baths1,386 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$27,820 interest already paid off
Estimated Loan Balance$300,097
Cash to close$30,201
Est. Monthly PITI$2,271
Initial Loan Amount$304,385
Time on site50 days
Remaining Term28 years, 7 months
Seller's equity (what you pay)
$29,903
Cash or secondary financing
Monthly savings
$18
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Amazing opportunity to own a remodeled 3-bedroom, 2-bathroom home with NO HOA. New flooring, quartz counters, cabinets, fixtures, ceiling fans, backsplash, stainless steel appliances, etc. ''Big ticket'' items are newer as well--HVAC is only 4-years old, water heater is 3-years old, new shingle roof overlay (2025), brand new fence. Large yard, covered patio in front & back, close proximity to schools, shopping, freeway access. Buyer to verify all facts & figures.

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 $29,903. 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 feet1,386
Property typeSingle Family
MLS #7042967
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)
$1,928/mo
Source est. payment (PITI)
$2,271/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$29,903

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

$0$29,903
Additional funds needed$0

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