Properties / 10760 W LOUISE Drive
FHA ASSUMABLERate: 8.22%

10760 W LOUISE Drive

$430,000
Peoria, AZ 85373
3 beds2 baths1,681 sqftSingle Family
The assumable advantage
8.22%
FHA assumed rate
$216,398 interest already paid off
Estimated Loan Balance$40,197
Cash to close$389,098
Est. Monthly PITI$1,316
Initial Loan Amount$131,544
Time on site0 days
Remaining Term4 years
Seller's equity (what you pay)
$389,803
Cash or secondary financing
Monthly savings
$1,551
Versus today's market rate
Est. savings per year
$19K
Versus today's market rate

About this home

Discover this beautifully updated home designed for comfort, convenience, & easy living! This inviting home features 3 bedrms versatile den/office & 2 renovated bathrooms. The Master bath includes an ADA-compliant roll-in shower, offering enhanced accessibility without sacrificing style. At the heart of the home is a thoughtfully renovated kitchen featuring quartz countertops, a farmhouse sink, a convenient pot filler above the range, and all appliances. Durable plank flooring throughout, while energy-efficient Low-E windows, ceiling fans, & blinds provide year-round comfort and privacy..Enjoy attractive, low-maintenance desert landscaping with a drip irrigation system.Located near shopping,dining,& freeway access this move in ready home combines modern updates with an ideal location!

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 $389,803. 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 feet1,681
Property typeSingle Family
MLS #7078625
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$985/mo
Source est. payment (PITI)
$1,316/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$389,803

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

$0$389,803
Additional funds needed$0

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