Properties / 3611 W CHARLOTTE Drive
FHA ASSUMABLERate: 6.81%

3611 W CHARLOTTE Drive

$429,900
Glendale, AZ 85310
3 beds2 baths1,311 sqftSingle Family
The assumable advantage
6.81%
FHA assumed rate
$32,308 interest already paid off
Estimated Loan Balance$354,387
Cash to close$76,168
Est. Monthly PITI$2,767
Initial Loan Amount$358,160
Time on site50 days
Remaining Term28 years, 9 months
Seller's equity (what you pay)
$75,513
Cash or secondary financing
Monthly savings
$191
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

Welcome to this beautifully maintained 3-bedroom, 2-bath home in a desirable North Glendale neighborhood, now featuring a **BRAND-NEW A/C SYSTEM!** This move-in ready home features an updated kitchen with granite countertops, painted cabinetry, newer appliances, and durable wood-look tile throughout the main living areas. The functional floor plan offers comfortable living spaces, while the bedrooms provide cozy carpeted retreats. Conveniently located near parks, shopping, dining, and freeway access, this home is an excellent opportunity for first-time buyers, downsizers, or anyone seeking a well-cared-for home in a fantastic location. Don't miss your chance to make this one yours!

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 $75,513. 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 feet1,311
Property typeSingle Family
MLS #7049173
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)
$2,344/mo
Source est. payment (PITI)
$2,767/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$75,513

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

$0$75,513
Additional funds needed$0

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