Properties / 6720 W Siesta Way
FHA ASSUMABLERate: 7.19%

6720 W Siesta Way

$570,000
Laveen, AZ 85339
4 beds4 baths2,592 sqftSingle Family
The assumable advantage
7.19%
FHA assumed rate
$102,820 interest already paid off
Estimated Loan Balance$469,952
Cash to close$100,513
Est. Monthly PITI$3,960
Initial Loan Amount$483,844
Time on site35 days
Remaining Term27 years, 1 month
Seller's equity (what you pay)
$100,048
Cash or secondary financing
Monthly savings
$73
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Welcome to this beautiful home upgraded 4-bedroom, 3.5-bath home situated on an incredible 14.493 sqft. premium lot with endless possibilities! conveniently located just 3 minutes from Loop 202. This spacious floor plan features two primary suites, including a full primary bedroom and bath on the first floor. The main level also offers a private den/office, an open-concept living area, and a convenient half bath. The gourmet kitchen is designed for entertaining with a large center island, quartz countertops, designer title backsplash, built-in microwave, refrigerator, walk-in pantry, garbage disposal, and a gas hookup available for the range. Don't miss this rare opportunity to own a new home with one of the largest lots in the neighborhood.

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 $100,048. 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
Bathrooms4
Square feet2,592
Property typeSingle Family
MLS #7063574
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)
$3,288/mo
Source est. payment (PITI)
$3,960/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$100,048

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

$0$100,048
Additional funds needed$0

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