Properties / 2646 W WOLF Street
FHA ASSUMABLERate: 3.35%

2646 W WOLF Street

$165,000
Phoenix, AZ 85017
2 beds2 baths1,088 sqftSingle Family
The assumable advantage
3.35%
FHA assumed rate
$16,593 interest already paid off
Estimated Loan Balance$28,903
Cash to close$136,313
Est. Monthly PITI$405
Initial Loan Amount$42,838
Time on site50 days
Remaining Term16 years, 5 months
Seller's equity (what you pay)
$136,097
Cash or secondary financing
Monthly savings
$782
Versus today's market rate
Est. savings per year
$9K
Versus today's market rate

About this home

Charming 2-bedroom, 2-bath townhome offering a spacious open floor plan with abundant natural light and easy-care tile flooring throughout. The kitchen features ample cabinetry, generous counter space, and stainless steel dishwasher. Both bathrooms have been renovated, including a beautifully designed roll-in shower for enhanced accessibility. The oversized covered patio creates the perfect outdoor living space for relaxing or entertaining, while mature landscaping adds privacy and shade. Conveniently located near shopping, dining, parks, schools, and freeway access, this home is an excellent opportunity for first-time buyers, downsizers, or investors alike.

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 $136,097. 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

Bedrooms2
Bathrooms2
Square feet1,088
Property typeSingle Family
MLS #7049349
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)
$191/mo
Source est. payment (PITI)
$405/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$136,097

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

$0$136,097
Additional funds needed$0

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