Properties / 3510 N 106th Lane
FHA ASSUMABLERate: 6.5%

3510 N 106th Lane

$375,900
Avondale, AZ 85392
3 beds2 baths1,431 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$35,806 interest already paid off
Estimated Loan Balance$364,594
Cash to close$11,671
Est. Monthly PITI$2,775
Initial Loan Amount$370,171
Time on site44 days
Remaining Term28 years, 6 months
Seller's equity (what you pay)
$11,306
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Beautiful 3 bedroom 2 bath home, great for families looking to be close to great A+ schools near by in the west valley! Minuets away from West Gate and Gateway Pavilion! This home fits. This home is Perfect for single family or first time homebuyers!

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 $11,306. 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 feet1,431
Property typeSingle Family
MLS #7059899
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)
$2,775/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$11,306

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

$0$11,306
Additional funds needed$0

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