Properties / 6060 W GOLDEN Lane
FHA ASSUMABLERate: 2.89%

6060 W GOLDEN Lane

$220,000
Glendale, AZ 85302
2 beds2 baths1,026 sqftSingle Family
The assumable advantage
2.89%
FHA assumed rate
$24,874 interest already paid off
Estimated Loan Balance$137,582
Cash to close$82,742
Est. Monthly PITI$958
Initial Loan Amount$157,592
Time on site36 days
Remaining Term24 years, 3 months
Seller's equity (what you pay)
$82,418
Cash or secondary financing
Monthly savings
$639
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

Charming two-story townhome in Olive Green Villas is now on the market! Inside, you'll discover a bright and inviting layout perfect for easy everyday living and entertaining, featuring tile floors, sliding doors to the patio, and neutral paint that complements any choice of decor. The kitchen boasts white shaker cabinets, granite countertops, and sleek stainless steel appliances. Upstairs, you will find 2 bedrooms and a full bathroom. There is also a powder room, perfect for guests. The backyard is the perfect size for weekend grills and relaxing evenings with your favorite drink in hand. What are you waiting for? Come see it before it's too late!

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 $82,418. 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

Bedrooms2
Bathrooms2
Square feet1,026
Property typeSingle Family
MLS #7062783
CountyMaricopa County
Assumable loanFHA
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Free · No commitment · Typical reply in 15 min
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)
$658/mo
Source est. payment (PITI)
$958/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$82,418

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

$0$82,418
Additional funds needed$0

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