Properties / 9905 W MIAMI Street
FHA ASSUMABLERate: 6.15%

9905 W MIAMI Street

$359,900
Tolleson, AZ 85353
3 beds3 baths1,846 sqftSingle Family
The assumable advantage
6.15%
FHA assumed rate
$12,996 interest already paid off
Estimated Loan Balance$361,541
Cash to close$0
Est. Monthly PITI$2,657
Initial Loan Amount$363,316
Time on site13 days
Remaining Term29 years, 6 months
Seller's equity (what you pay)
$0
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

Seize the chance to own this adorable 3-bedroom home in Country Place! Discover an inviting living room with a soothing palette, blinds, baseboard moulding, and stylish wood-look flooring. Spend intimate moments with loved ones in the great room, complete with sliding door access to the backyard for seamless indoor-outdoor living. The kitchen comes with wood cabinetry, a tile backsplash, sleek stainless steel appliances, a pantry, and a center island for extra prep space. Upstairs, the versatile loft provides a space for work or relaxation. The main bedroom includes a private bathroom with a makeup desk and a walk-in closet. Venture out onto the sizeable backyard, which offers a covered patio and plenty of space for crafting your dream outdoor oasis. Don't miss out on this lovely gem!

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 $0. 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
Bathrooms3
Square feet1,846
Property typeSingle Family
MLS #7073108
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)
$2,216/mo
Source est. payment (PITI)
$2,657/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.