Properties / 10218 W LEVI Drive
FHA ASSUMABLERate: 3.02%

10218 W LEVI Drive

$410,000
Tolleson, AZ 85353
3 beds2 baths2,155 sqftSingle Family
The assumable advantage
3.02%
FHA assumed rate
$42,022 interest already paid off
Estimated Loan Balance$222,730
Cash to close$188,301
Est. Monthly PITI$1,581
Initial Loan Amount$254,443
Time on site50 days
Remaining Term24 years, 2 months
Seller's equity (what you pay)
$187,270
Cash or secondary financing
Monthly savings
$1,335
Versus today's market rate
Est. savings per year
$16K
Versus today's market rate

About this home

MOVE IN READY HOME! 3 BEDROOMS WITH DEN 2 FULL BATHS THIS BEAUTIFUL HOME OFFERS A GREAT ROOM FLOOR PLAN WITH LARGE KITCHEN GRANITE COUNTER TOPS OVERSIZED ISLAND RECENTLY UPGRADED FLOORING IN BEDROOMS UPGRADED 5 1/2 BASE BOARDS THOUGHOUT HUGE WALK-IN PANTRY 9FT CEILINGS LARGE MASTER BEDROOM WITH WALK-IN CLOSET THIS HOME HAS IT ALL MUST SEE!!!

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 $187,270. 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 feet2,155
Property typeSingle Family
MLS #7056528
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)
$1,083/mo
Source est. payment (PITI)
$1,581/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$187,270

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

$0$187,270
Additional funds needed$0

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