Properties / 24367 W CONCORDA Drive
FHA ASSUMABLERate: 7.8%

24367 W CONCORDA Drive

$380,000
Buckeye, AZ 85326
5 beds3 baths2,162 sqftSingle Family
The assumable advantage
7.8%
FHA assumed rate
$87,105 interest already paid off
Estimated Loan Balance$379,865
Cash to close$2,103
Est. Monthly PITI$3,354
Initial Loan Amount$387,835
Time on site50 days
Remaining Term27 years, 2 months
Seller's equity (what you pay)
$135
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

Fabulous 5-bedroom gem situated on a corner lot is looking for its new homeowners! Appealing interior features tile flooring, ceiling fans, neutral tone, and abundant natural light. At the heart of the home, a seamless open floor plan with sliding glass doors providing direct access to the back patio, perfect for indoor-outdoor entertaining. Well-appointed kitchen comes with recessed lighting, plenty of cabinets with crown moulding, stainless steel appliances, granite counters, and a center island with a breakfast bar. Upstairs, discover the large main bedroom, complete with plush carpet, a private bathroom, and a walk-in closet for effortless organization. In the oversized backyard, you will have a covered patio where you can sit and relax after a busy day. 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 $135. 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
Bathrooms3
Square feet2,162
Property typeSingle Family
MLS #7004765
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)
$2,809/mo
Source est. payment (PITI)
$3,354/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$135

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

$0$135
Additional funds needed$0

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