Properties / 2759 W LAWRENCE Road
FHA ASSUMABLERate: 2.96%

2759 W LAWRENCE Road

$368,592
Phoenix, AZ 85017
3 beds2 baths1,902 sqftSingle Family
The assumable advantage
2.96%
FHA assumed rate
$31,396 interest already paid off
Estimated Loan Balance$193,945
Cash to close$175,515
Est. Monthly PITI$1,291
Initial Loan Amount$217,328
Time on site50 days
Remaining Term24 years, 11 months
Seller's equity (what you pay)
$174,647
Cash or secondary financing
Monthly savings
$1,256
Versus today's market rate
Est. savings per year
$15K
Versus today's market rate

About this home

Completely Remodeled & Move-In Ready! This stunning Glendale home has been transformed from top to bottom with fresh interior and beautiful new flooring, a designer-inspired kitchen featuring brand-new cabinetry, and two fully remodeled bathrooms. The spacious family room provides the perfect gathering space, while the large backyard and covered patio create an ideal setting for entertaining, relaxing, or enjoying Arizona evenings. Located in the heart of Glendale, you'll enjoy convenient access to shopping, dining, parks, recreation, and the city's vibrant entertainment scene, including the renowned Westgate Entertainment District, home to major sporting events, concerts, restaurants, and year-round entertainment. An opportunity to own a turnkey home where all the work has already done

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 $174,647. 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 feet1,902
Property typeSingle Family
MLS #7045944
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)
$918/mo
Source est. payment (PITI)
$1,291/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$174,647

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

$0$174,647
Additional funds needed$0

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