Properties / 2455 E Broadway Road E
FHA ASSUMABLERate: 5.22%

2455 E Broadway Road E

$325,000
Mesa, AZ 85204
3 beds2 baths1,269 sqftSingle Family
The assumable advantage
5.22%
FHA assumed rate
$58,497 interest already paid off
Estimated Loan Balance$278,852
Cash to close$47,376
Est. Monthly PITI$2,028
Initial Loan Amount$294,467
Time on site50 days
Remaining Term26 years, 2 months
Seller's equity (what you pay)
$46,148
Cash or secondary financing
Monthly savings
$287
Versus today's market rate
Est. savings per year
$3K
Versus today's market rate

About this home

Welcome home to this stunning, move-in-ready gem that has been beautifully renovated from top to bottom. Every detail has been thoughtfully updated, including gorgeous new flooring and carpet, a designer-inspired chef's kitchen with granite countertops, stainless steel appliances, brand-new windows throughout, a new water heater, a new skylight with a blackout shade, brand-new A/C system plus a mini-split in the nursery or home office for added comfort. Enjoy peace of mind with a smart security and alarm system that lets you monitor and control your home right from your phone. Start saving on your electric bills with a fully owned solar system! No monthly lease payments to worry about. Step outside to your private backyard retreat complete with an additional storage unit, perfect for hobbies and extra storage. Located in a highly desirable community near shopping, dining, walking and biking paths, and a beautifully maintained community pool and spa, this exceptional home truly has it all. Don't miss your chance to make it 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 $46,148. 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 feet1,269
Property typeSingle Family
MLS #7044097
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)
$1,630/mo
Source est. payment (PITI)
$2,028/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$46,148

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

$0$46,148
Additional funds needed$0

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