Properties / 3033 W NORTHVIEW Avenue
FHA ASSUMABLERate: 6.82%

3033 W NORTHVIEW Avenue

$448,000
Phoenix, AZ 85051
5 beds2 baths2,020 sqftSingle Family
The assumable advantage
6.82%
FHA assumed rate
$70,396 interest already paid off
Estimated Loan Balance$395,803
Cash to close$53,796
Est. Monthly PITI$3,095
Initial Loan Amount$405,015
Time on site50 days
Remaining Term27 years, 6 months
Seller's equity (what you pay)
$52,197
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

Charming single-story home with no HOA! Offers low-maintenance landscaping, 2-car garage, inviting interior with tile floors, brick accents, and a granite kitchen with plenty of storage. The main suite features double sinks, a full bath, and private backyard access. Enjoy a spacious yard with covered patio, built-in BBQ, and shaded seating area.

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 $52,197. 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

Bedrooms5
Bathrooms2
Square feet2,020
Property typeSingle Family
MLS #7024445
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)
$2,659/mo
Source est. payment (PITI)
$3,095/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$52,197

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

$0$52,197
Additional funds needed$0

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