Properties / 19231 W MISSOURI Avenue
FHA ASSUMABLERate: 7.02%

19231 W MISSOURI Avenue

$515,000
Litchfield Park, AZ 85340
3 beds3 baths2,492 sqftSingle Family
The assumable advantage
7.02%
FHA assumed rate
$83,760 interest already paid off
Estimated Loan Balance$508,422
Cash to close$9,468
Est. Monthly PITI$4,141
Initial Loan Amount$517,356
Time on site50 days
Remaining Term27 years, 9 months
Seller's equity (what you pay)
$6,578
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Beautifully upgraded 2023-built home ideally located minutes from Verrado Marketplace, golf, dining, parks, trails, and convenient I-10 access. This move-in ready home offers 3 bedrooms, den, 2.5 baths, and a 3-car tandem garage with an open-concept floor plan featuring 10' ceilings, 8' interior doors, herringbone wood-look tile, custom cabinetry, quartz countertops, stainless appliances, gas cooktop, and designer finishes throughout. Spacious primary suite with dual vanities and walk-in closet. Low-maintenance backyard offers room for a future pool and outdoor entertaining space. Newer construction without the builder wait, ideal for full-time living, lock-and-leave convenience, executive relocation, or long-term rental flexibility in one of the West Valley's fastest-growing areas.

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 $6,578. 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
Bathrooms3
Square feet2,492
Property typeSingle Family
MLS #6978056
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)
$3,472/mo
Source est. payment (PITI)
$4,141/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$6,578

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

$0$6,578
Additional funds needed$0

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