Properties / 8037 W AGORA Lane
FHA ASSUMABLERate: 6.27%

8037 W AGORA Lane

$349,500
Phoenix, AZ 85043
3 beds3 baths1,395 sqftSingle Family
The assumable advantage
6.27%
FHA assumed rate
$73,848 interest already paid off
Estimated Loan Balance$330,439
Cash to close$20,249
Est. Monthly PITI$2,585
Initial Loan Amount$343,660
Time on site50 days
Remaining Term26 years, 7 months
Seller's equity (what you pay)
$19,061
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

Step inside to discover stylish updated flooring and an inviting open-concept living space designed for both comfort and everyday living. The stunning kitchen is the heart of the home, featuring rich wood cabinetry, granite countertops, stainless steel appliances, and a spacious center island perfect for gathering with family and friends. Sliding glass doors provide seamless access to the backyard, creating an ideal indoor-outdoor lifestyle. Upstairs, retreat to the spacious primary suite complete with a walk-in closet and a private en-suite bath featuring a convenient step-in shower. Additional living spaces offer flexibility for family, guests, or a home office. Outside, enjoy your private backyard with plenty of room to relax, entertain, or create your own outdoor oasis. Ideally located with easy freeway access, this home is just a short walk from the neighborhood elementary school and offers access to community amenities including playgrounds, greenbelts, and walking paths. This move-in ready home combines comfort, convenience, and value--making it the perfect place! Must see!

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 $19,061. 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
Bathrooms3
Square feet1,395
Property typeSingle Family
MLS #7040267
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)
$2,131/mo
Source est. payment (PITI)
$2,585/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$19,061

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

$0$19,061
Additional funds needed$0

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