Properties / 10650 N 49TH Avenue
FHA ASSUMABLERate: 6.5%

10650 N 49TH Avenue

$479,000
Glendale, AZ 85304
5 beds2 baths1,848 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$31,825 interest already paid off
Estimated Loan Balance$417,897
Cash to close$61,508
Est. Monthly PITI$3,131
Initial Loan Amount$422,211
Time on site50 days
Remaining Term28 years, 11 months
Seller's equity (what you pay)
$61,103
Cash or secondary financing
Monthly savings
$151
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

Highly desirable corner lot property is about to be yours! This 5-bedroom house welcomes you with a 2-car garage and RV gate. Inside, you will find tile flooring, neutral NEW paint , and ceiling fans. Bountiful natural light graces every corner, from the large living room to the formal dining room and the great room with wide sliding glass doors, offering a seamless transition between the indoor living & the outdoor retreat. The kitchen displays ample cabinets with crown molding, built-in appliances, tile backsplash, recessed & fluorescent lighting, and a walk-in pantry. Discover the main bedroom featuring direct outdoor access and a private bathroom with a shower & tub combo. Serene backyard with a storage shed and NEW air conditioner installed in 2024.

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 $61,103. 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
Bathrooms2
Square feet1,848
Property typeSingle Family
MLS #7051472
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)
$2,674/mo
Source est. payment (PITI)
$3,131/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$61,103

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

$0$61,103
Additional funds needed$0

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