Properties / 29220 N 205TH Avenue
FHA ASSUMABLERate: 3.84%

29220 N 205TH Avenue

$299,900
Wittmann, AZ 85361
3 beds2 baths1,810 sqftSingle Family
The assumable advantage
3.84%
FHA assumed rate
$42,897 interest already paid off
Estimated Loan Balance$87,241
Cash to close$214,423
Est. Monthly PITI$831
Initial Loan Amount$112,917
Time on site50 days
Remaining Term18 years, 11 months
Seller's equity (what you pay)
$212,659
Cash or secondary financing
Monthly savings
$1,228
Versus today's market rate
Est. savings per year
$15K
Versus today's market rate

About this home

An energy-efficient 3 bed, 2 bath mobile home in Wittmann is now for sale! Nestled on an oversized 1.2 acre lot and featuring a cozy front porch, this is sure to be the home for you! Discover a spacious great room w/vaulted ceilings, wood-look flooring, carpet in all the right places, and neutral palette throughout. The kitchen comes equipped w/ample cabinet & counter space, tile backsplash, SS appliances, and a two-tiered island w/a breakfast bar. The primary bedroom boasts a full bath w/dual sinks and a walk-in closet for all your belongings. Great location w/easy freeway access! What are you waiting for? Don't miss out!

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 $212,659. 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 feet1,810
Property typeSingle Family
MLS #6962393
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)
$541/mo
Source est. payment (PITI)
$831/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$212,659

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

$0$212,659
Additional funds needed$0

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