Properties / 17104 N OLIVETO Avenue
FHA ASSUMABLERate: 2.68%

17104 N OLIVETO Avenue

$383,000
Maricopa, AZ 85138
5 beds4 baths3,431 sqftSingle Family
The assumable advantage
2.68%
FHA assumed rate
$46,817 interest already paid off
Estimated Loan Balance$293,661
Cash to close$91,428
Est. Monthly PITI$2,007
Initial Loan Amount$333,841
Time on site50 days
Remaining Term24 years, 6 months
Seller's equity (what you pay)
$89,339
Cash or secondary financing
Monthly savings
$896
Versus today's market rate
Est. savings per year
$11K
Versus today's market rate

About this home

Check out 17104 N Oliveto Ave, recently enhanced with a partial flooring replacement throughout. The kitchen features all stainless steel appliances and includes a functional island. The primary bathroom is equipped with double sinks and a separate tub and shower. Exterior attributes include a covered patio, designed with low maintenance landscaping, and a fully fenced in backyard. This residence provides functional updates for comfortable daily living.. Included 100-Day Home Warranty with buyer activation

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 $89,339. 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

Bedrooms5
Bathrooms4
Square feet3,431
Property typeSingle Family
MLS #7037833
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)
$1,363/mo
Source est. payment (PITI)
$2,007/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$89,339

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

$0$89,339
Additional funds needed$0

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