Properties / 350 N 9TH Street
FHA ASSUMABLERate: 6.5%

350 N 9TH Street

$648,999
Coolidge, AZ 85128
4 beds2 baths2,373 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$57,787 interest already paid off
Estimated Loan Balance$504,080
Cash to close$145,430
Est. Monthly PITI$3,751
Initial Loan Amount$512,820
Time on site50 days
Remaining Term28 years, 4 months
Seller's equity (what you pay)
$144,919
Cash or secondary financing
Monthly savings
$579
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Fully remodeled Unique Property in Coolidge. This home has been fully updated and sits on a large 1.84 acre lot! Unique home has had a major overhaul. Updated Flooring, Plumbing and electrical, Remodeled open kitchen. 4 bedrooms with 2 remodeled Bathrooms. New Cabinets, new carpet, New flooring, New updated dual pane windows. White Quartz countertops, Big Walkin Shower. Deep big heated pool with Spa! Home has a detached Man cave or she shed. Huge lot with half zoned AG so you have countless options on what to do on it. You have to see this home to fall in love with it. Come see it before it is gone. Home is occupied, pictures are before move in.

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 $144,919. 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 feet2,373
Property typeSingle Family
MLS #7016858
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)
$3,248/mo
Source est. payment (PITI)
$3,751/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$144,919

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

$0$144,919
Additional funds needed$0

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