Properties / 5142 W JOAN DE ARC Avenue
FHA ASSUMABLERate: 6.82%

5142 W JOAN DE ARC Avenue

$322,000
Glendale, AZ 85304
3 beds2 baths1,111 sqftSingle Family
The assumable advantage
6.82%
FHA assumed rate
$52,905 interest already paid off
Estimated Loan Balance$296,563
Cash to close$25,740
Est. Monthly PITI$2,356
Initial Loan Amount$304,385
Time on site41 days
Remaining Term27 years, 6 months
Seller's equity (what you pay)
$25,437
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

NO HOA! NO carpet! Blocks from ASU West! Adorable townhome boasts 3 beds and 2 full baths and only one shared wall. Enjoy peace of mind with a new AC (2025), new windows (2025), new tile flooring throughout (2025) and fresh blown in insulation (2026). The functional floor plan provides comfortable living with low maintenance finishes and abundant natural light. Conveniently located near shopping, dining, parks, major freeways, and entertainment, this home is ideal as a primary residence, second home, or investment opportunity. Don't miss this move-in ready property in a prime Glendale 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 $25,437. 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 feet1,111
Property typeSingle Family
MLS #7061310
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)
$1,992/mo
Source est. payment (PITI)
$2,356/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$25,437

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

$0$25,437
Additional funds needed$0

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