Properties / 6734 S BRITTANY Lane
FHA ASSUMABLERate: 6.71%

6734 S BRITTANY Lane

$370,000
Tempe, AZ 85283
2 beds2 baths1,073 sqftSingle Family
The assumable advantage
6.71%
FHA assumed rate
$72,910 interest already paid off
Estimated Loan Balance$347,152
Cash to close$23,598
Est. Monthly PITI$2,724
Initial Loan Amount$358,388
Time on site50 days
Remaining Term27 years
Seller's equity (what you pay)
$22,848
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

Ideal for location to University & 101 Beautiful townhome and tiled roof community. Private gated courtyard entrance~Nicely landscaped w no water artificial turf-Vaulted ceilings~Open floor plan~breakfast bar opens to Great room w/ frpl~Split bedroom plan for guest privacy~fenced backyard~Enjoy Spacious Private Community Pool (drive around to the center of the complex)~Close to shopping, restaurants, entertainment, parks

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 $22,848. 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 feet1,073
Property typeSingle Family
MLS #7052193
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)
$2,323/mo
Source est. payment (PITI)
$2,724/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$22,848

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

$0$22,848
Additional funds needed$0

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