Properties / 11779 W BELMONT Drive
FHA ASSUMABLERate: 4.16%

11779 W BELMONT Drive

$365,000
Avondale, AZ 85323
4 beds2 baths1,678 sqftSingle Family
The assumable advantage
4.16%
FHA assumed rate
$62,753 interest already paid off
Estimated Loan Balance$109,942
Cash to close$257,003
Est. Monthly PITI$1,092
Initial Loan Amount$144,337
Time on site50 days
Remaining Term18 years, 3 months
Seller's equity (what you pay)
$255,058
Cash or secondary financing
Monthly savings
$1,436
Versus today's market rate
Est. savings per year
$17K
Versus today's market rate

About this home

Discover comfort, style, and convenience in this beautifully maintained home nestled in 1 of avondale's most desirable neighborhoods. You'll appreciate the inviting curb appeal and pride of ownership throughout step inside to find a bright open floor plan designed for both every day living and entertaining spacious living areas flow seamlessly into the kitchen featuring Apple cabinetry, generous counter space, and a layout that keeps everyone connected. The primary suite offer is a private retreat with well appointed in suite bath and ample closet space additional bedrooms are generously sized, perfect for family guest or a home office set up outside enjoying expensive backyard ready for relaxation play and a beautiful covered patio. Located in the heart of Avondale Close to everything.

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 $255,058. 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 feet1,678
Property typeSingle Family
MLS #6989510
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)
$717/mo
Source est. payment (PITI)
$1,092/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$255,058

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

$0$255,058
Additional funds needed$0

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