Properties / 14994 W VIRGINIA Avenue
FHA ASSUMABLERate: 2.79%

14994 W VIRGINIA Avenue

$394,500
Goodyear, AZ 85395
4 beds3 baths1,932 sqftSingle Family
The assumable advantage
2.79%
FHA assumed rate
$46,699 interest already paid off
Estimated Loan Balance$284,302
Cash to close$110,867
Est. Monthly PITI$1,871
Initial Loan Amount$324,022
Time on site22 days
Remaining Term24 years, 6 months
Seller's equity (what you pay)
$110,198
Cash or secondary financing
Monthly savings
$990
Versus today's market rate
Est. savings per year
$12K
Versus today's market rate

About this home

Rare end-unit home on a premium corner lot in the sought-after Rio Paseo community! This spacious 4-bedroom, 3-bath home offers an open-concept layout with a bright great room, granite countertops, kitchen island, walk-in pantry, and upstairs laundry. Enjoy mountain views, a 2-car garage, and a cute, low-maintenance private yard perfect for relaxing or entertaining. Community amenities include a heated pool, spa, and playgrounds. Bonus opportunity: assumable loan available for qualified buyers. Conveniently located near shopping, dining, parks, and freeway access.

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 $110,198. 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
Bathrooms3
Square feet1,932
Property typeSingle Family
MLS #7067338
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)
$1,336/mo
Source est. payment (PITI)
$1,871/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$110,198

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

$0$110,198
Additional funds needed$0

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