Properties / 3729 N COPENHAGEN Drive
FHA ASSUMABLERate: 6.49%

3729 N COPENHAGEN Drive

$400,000
Avondale, AZ 85392
4 beds3 baths2,205 sqftSingle Family
The assumable advantage
6.49%
FHA assumed rate
$1,980 interest already paid off
Estimated Loan Balance$15,731
Cash to close$384,269
Est. Monthly PITI$445
Initial Loan Amount$16,108
Time on site21 days
Remaining Term26 years, 2 months
Seller's equity (what you pay)
$384,269
Cash or secondary financing
Monthly savings
$2,255
Versus today's market rate
Est. savings per year
$27K
Versus today's market rate

About this home

Welcome home to Garden Lakes! This 4-bed, 3-bath, 2,205 sq ft two-story offers great bones and just needs a little cosmetic TLC to make it shine. Vaulted ceilings and wood accents run throughout, and the kitchen is already upgraded with granite counters, tile backsplash, and stainless appliances. Upstairs, the spacious master suite features a large double-door entry and walk-in closet. Enjoy owned solar for energy savings, a tile roof, low-maintenance desert landscaping, and a covered patio with fire pit. Garden Lakes HOA includes lake access, a playground, and walking/biking paths. Minutes to Loop 101 & I-10 for an easy commute. Bring your ideas and make this Garden Lakes gem your own!

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 $384,269. 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 feet2,205
Property typeSingle Family
MLS #7069786
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)
$104/mo
Source est. payment (PITI)
$445/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$384,269

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

$0$384,269
Additional funds needed$0

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