Properties / 159 W TAYLOR Avenue
FHA ASSUMABLERate: 3.08%

159 W TAYLOR Avenue

$219,990
Coolidge, AZ 85128
4 beds2 baths1,220 sqftSingle Family
The assumable advantage
3.08%
FHA assumed rate
$28,691 interest already paid off
Estimated Loan Balance$164,417
Cash to close$55,939
Est. Monthly PITI$1,158
Initial Loan Amount$185,075
Time on site41 days
Remaining Term24 years, 9 months
Seller's equity (what you pay)
$55,573
Cash or secondary financing
Monthly savings
$505
Versus today's market rate
Est. savings per year
$6K
Versus today's market rate

About this home

Welcome home to this charming 4-bed 2-bath residence in Picacho Crossing! Walking distance from the park, no immediate rear neighbor. Low maintenance front yard and a 1-car garage. The interior boasts abundant natural light, a designer palette, and wood-look flooring in common areas. Designed for everyday living and entertaining, the seamlessly flowing open layout is sure to impress! The kitchen features white cabinetry, granite countertops, a pantry, and stainless steel appliances. All bedrooms offer plush carpet floors. The primary bedroom includes a private bathroom with a walk-in closet. The spacious backyard is a blank canvas, ready for your imagination! Also backs onto a greenbelt providing added privacy. Just minutes away from shopping, dining, parks, and everyday amenities!

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 $55,573. 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

Bedrooms4
Bathrooms2
Square feet1,220
Property typeSingle Family
MLS #7061154
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)
$792/mo
Source est. payment (PITI)
$1,158/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$55,573

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

$0$55,573
Additional funds needed$0

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