Properties / 4732 W GINGER Avenue
FHA ASSUMABLERate: 3.08%

4732 W GINGER Avenue

$280,000
Coolidge, AZ 85128
5 beds3 baths2,205 sqftSingle Family
The assumable advantage
3.08%
FHA assumed rate
$36,532 interest already paid off
Estimated Loan Balance$210,279
Cash to close$71,117
Est. Monthly PITI$1,455
Initial Loan Amount$235,653
Time on site50 days
Remaining Term24 years, 9 months
Seller's equity (what you pay)
$69,721
Cash or secondary financing
Monthly savings
$638
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

Looking for a new home? You've found it! This beautiful 5 bed, 3 bath abode in Martin Valley features charming curb appeal, an easy-care front yard, and a 2 car garage. Inside you will find a sizeable open concept w/a blend of wood-look & tile flooring plus neutral palette throughout. Prepare delicious meals in this eat-in kitchen, comprised of ample cabinetry w/crown molding, a walk-in pantry, plenty of counter space, and built-in appliances. Continue upstairs to discover a quaint loft, where you can spend a quiet Sunday afternoon. The primary bedroom showcases a private ensuite w/dual sinks and a walk-in closet for all your belongings. Lastly, the expansive backyard w/its covered patio and extended seating area, is a blank canvas ready to become your own private oasis! 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 $69,721. 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 feet2,205
Property typeSingle Family
MLS #7044226
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)
$1,013/mo
Source est. payment (PITI)
$1,455/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$69,721

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

$0$69,721
Additional funds needed$0

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