Properties / 9649 E OSAGE Avenue
FHA ASSUMABLERate: 2.98%

9649 E OSAGE Avenue

$499,900
Mesa, AZ 85212
4 beds2 baths1,877 sqftSingle Family
The assumable advantage
2.98%
FHA assumed rate
$53,643 interest already paid off
Estimated Loan Balance$332,779
Cash to close$167,121
Est. Monthly PITI$2,133
Initial Loan Amount$374,440
Time on site4 days
Remaining Term24 years, 11 months
Seller's equity (what you pay)
$167,121
Cash or secondary financing
Monthly savings
$1,370
Versus today's market rate
Est. savings per year
$16K
Versus today's market rate

About this home

Welcome to this beautifully maintained 4-bedroom, 2-bathroom Mesquite Canyon home offering 1,877 sq ft of comfortable living space. The inviting open floor plan is perfect for both everyday living and entertaining, while the upgraded kitchen provides a stylish and functional centerpiece with modern finishes and plenty of workspace. Spacious bedrooms offer room for family, guests, or a home office. Enjoy the Arizona lifestyle and take advantage of the convenient East Mesa location near parks, shopping, dining, schools, and major freeways. This move-in-ready home is a 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 $167,121. 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
Bathrooms2
Square feet1,877
Property typeSingle Family
MLS #7076938
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)
$1,578/mo
Source est. payment (PITI)
$2,133/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$167,121

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

$0$167,121
Additional funds needed$0

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