Properties / 6806 W COLES Road
FHA ASSUMABLERate: 6.64%

6806 W COLES Road

$515,000
Laveen, AZ 85339
4 beds3 baths2,342 sqftSingle Family
The assumable advantage
6.64%
FHA assumed rate
$78,221 interest already paid off
Estimated Loan Balance$450,169
Cash to close$65,306
Est. Monthly PITI$3,605
Initial Loan Amount$462,453
Time on site43 days
Remaining Term27 years, 6 months
Seller's equity (what you pay)
$64,831
Cash or secondary financing
Monthly savings
$65
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Discover modern luxury in Laveen's highly desirable gated community of McClellan Ranch! This move-in ready, energy-efficient home features a versatile layout with 4 spacious bedrooms, 3 bathrooms, and a dedicated office/den, making it ideal for multi-generational living, work-from-home setups, or a growing family. Designed for effortless open-concept living, the heart of the home seamlessly connects a sunlit living space to a modern gourmet kitchen, complete with a large center island, electric cooktop, built-in oven, granite countertops, and a walk-in pantry. The generous primary suite offers a spa-like en-suite bath with dual vanities, walk-in shower, and separate tub. Step outside to your private outdoor retreat featuring high-end synthetic turf, a covered patio, and complete privacy with no rear neighbors. Perfect for low-maintenance outdoor entertaining, pets, and play. Complete with a 2-car garage, tankless hot water heater, dual-pane energy-efficient windows, and access to neighborhood walking trails and parks. Minutes from South Mountain hiking trails, local schools, and convenient loop 202 access. This home truly checks every box.

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 $64,831. 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 feet2,342
Property typeSingle Family
MLS #7057942
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)
$2,972/mo
Source est. payment (PITI)
$3,605/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$64,831

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

$0$64,831
Additional funds needed$0

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