Properties / 11001 N 46TH Avenue
FHA ASSUMABLERate: 6.54%

11001 N 46TH Avenue

$445,000
Glendale, AZ 85304
3 beds2 baths1,853 sqftSingle Family
The assumable advantage
6.54%
FHA assumed rate
$88,215 interest already paid off
Estimated Loan Balance$399,058
Cash to close$48,180
Est. Monthly PITI$3,073
Initial Loan Amount$412,392
Time on site50 days
Remaining Term26 years, 9 months
Seller's equity (what you pay)
$45,942
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

Get ready to fall in love with this charming home in the heart of Glendale! Nestled on a spacious lot, this single-story gem boasts 3 beds, 2 baths and plenty of space to spread out and relax. Step inside and you'll immediately appreciate the natural light that floods the home, highlighting the beautiful features throughout. The open concept living and dining areas are perfect for entertaining guests, this home is just minutes from shopping, dining and entertainment, and offers easy access to major highways for a quick commute. Don't miss your chance to make this lovely home your own!

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 $45,942. 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 feet1,853
Property typeSingle Family
MLS #7010839
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)
$2,635/mo
Source est. payment (PITI)
$3,073/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$45,942

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

$0$45,942
Additional funds needed$0

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