Properties / 4640 N 77TH Drive
FHA ASSUMABLERate: 3.05%

4640 N 77TH Drive

$359,990
Phoenix, AZ 85033
3 beds2 baths1,186 sqftSingle Family
The assumable advantage
3.05%
FHA assumed rate
$36,022 interest already paid off
Estimated Loan Balance$204,942
Cash to close$155,509
Est. Monthly PITI$1,479
Initial Loan Amount$231,336
Time on site14 days
Remaining Term24 years, 8 months
Seller's equity (what you pay)
$155,048
Cash or secondary financing
Monthly savings
$1,137
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

Welcome home to this beautifully updated 3-bed, 2-bath residence with a 2-car garage and seamless indoor-outdoor living! Natural light flows through the main space, highlighting wood-look tile floors, custom blinds, and a cozy fireplace. The modern eat-in kitchen combines crisp white cabinetry, sleek quartz counters, and stainless steel appliances. Unwind in the primary suite with a stylish barn door leading to a private en-suite bath and walk-in closet. Sizable secondary bedrooms offer great storage and versatility. Outside, the sprawling backyard features a covered patio built for entertaining and a handy storage shed. With modern finishes and an unbeatable outdoor space, this move-in-ready home won't last long. Let's make it yours today!

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 $155,048. 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
Bathrooms2
Square feet1,186
Property typeSingle Family
MLS #7070541
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)
$986/mo
Source est. payment (PITI)
$1,479/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$155,048

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

$0$155,048
Additional funds needed$0

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