Properties / 26425 W Florence Avenue
FHA ASSUMABLERate: 6.5%

26425 W Florence Avenue

$449,990
Buckeye, AZ 85326
3 beds3 baths1,987 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$4,306 interest already paid off
Estimated Loan Balance$397,305
Cash to close$52,326
Est. Monthly PITI$2,862
Initial Loan Amount$397,664
Time on site2 days
Remaining Term29 years, 11 months
Seller's equity (what you pay)
$52,685
Cash or secondary financing
Monthly savings
$140
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

Brand new Floor Plan! Estimate closing for August. The Dune is a 1,987sq. ft. home with 3 bedrooms and 2.5 bathrooms, and a Tandem 3 car garage!! Open Floorplan designed for you and guests to come together and enjoy the great room, dining room and kitchen spaces that flow together seamlessly. Quartz counter tops, 42'' white cabinets, Wood-look tile throughout, carpet only in bedrooms. Smart home technology includes doorbell camera, keyless front door, access to 3 yrs of app. Gorgeous New Community! Westpark is close to shopping and restaurants on Watson rd. & Verrado Way. I-10 is only a short drive away.

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 $52,685. 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
Bathrooms3
Square feet1,987
Property typeSingle Family
MLS #7077493
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)
$2,514/mo
Source est. payment (PITI)
$2,862/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$52,685

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

$0$52,685
Additional funds needed$0

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