Properties / 17668 W MADISON Street
FHA ASSUMABLERate: 6.5%

17668 W MADISON Street

$399,000
Goodyear, AZ 85338
3 beds2 baths1,529 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$38,560 interest already paid off
Estimated Loan Balance$393,021
Cash to close$6,370
Est. Monthly PITI$2,855
Initial Loan Amount$398,636
Time on site50 days
Remaining Term28 years, 7 months
Seller's equity (what you pay)
$5,979
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

ASSUMABLE 4.99% INTEREST RATE FHA MORTGAGE - RARE BELOW MARKET OPPORTUNITY! 3BD/2BA Cedar floor plan in gated community. Built in 2024 with innovative energy-efficient features & appliances for comfort and long-term utility savings. Washer, dryer, stainless-steel fridge, microwave, and dishwasher included. Spacious open concept floor plan, granite countertops, rich umber cabinets, stone look tile, and plush carpet in bedrooms for added comfort. Residents have access to exceptional amenities including a resort-style pool, basketball court, playground, walking trails, ramadas, picnic areas, BBQ grills, and a clubhouse. Just minutes from shopping, dining, spring training facility.

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 $5,979. 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 feet1,529
Property typeSingle Family
MLS #7015326
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)
$2,525/mo
Source est. payment (PITI)
$2,855/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$5,979

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

$0$5,979
Additional funds needed$0

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