Properties / 16015 N 30TH Street
FHA ASSUMABLERate: 6.54%

16015 N 30TH Street

$310,000
Phoenix, AZ 85032
3 beds3 baths1,429 sqftSingle Family
The assumable advantage
6.54%
FHA assumed rate
$24,378 interest already paid off
Estimated Loan Balance$211,363
Cash to close$98,850
Est. Monthly PITI$1,705
Initial Loan Amount$215,000
Time on site28 days
Remaining Term28 years, 4 months
Seller's equity (what you pay)
$98,637
Cash or secondary financing
Monthly savings
$461
Versus today's market rate
Est. savings per year
$6K
Versus today's market rate

About this home

Move-in ready & FHA eligible! Hard-to-find townhome with a 2-car garage in a gated community with easy access to the 51 & 101 freeways and Paradise Valley Community College. Features tile flooring downstairs, two-tone paint, an open floor plan, downstairs powder room, spacious kitchen with black appliances, and included refrigerator, washer & dryer. Enjoy a covered patio, ceiling fans, and window coverings. Community amenities include a pool, basketball court, and playground. HOA includes all utilities except electricity, plus roof and blanket insurance. Perfect for a primary residence, investment, or vacation home. Conveniently located near schools, parks, and the Boys & Girls Club. Come see it today!

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 $98,637. 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 feet1,429
Property typeSingle Family
MLS #7066566
CountyMaricopa County
Assumable loanFHA
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Free · No commitment · Typical reply in 15 min
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)
$1,367/mo
Source est. payment (PITI)
$1,705/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$98,637

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

$0$98,637
Additional funds needed$0

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