Properties / 4121 S 67TH Drive
FHA ASSUMABLERate: 3.02%

4121 S 67TH Drive

$399,000
Phoenix, AZ 85043
3 beds2 baths1,535 sqftSingle Family
The assumable advantage
3.02%
FHA assumed rate
$45,160 interest already paid off
Estimated Loan Balance$268,904
Cash to close$131,295
Est. Monthly PITI$1,807
Initial Loan Amount$301,674
Time on site50 days
Remaining Term24 years, 10 months
Seller's equity (what you pay)
$130,096
Cash or secondary financing
Monthly savings
$1,069
Versus today's market rate
Est. savings per year
$13K
Versus today's market rate

About this home

The perfect place to start your next chapter! This charming 3-bedroom, 2-bath home is nestled in a welcoming community and offers the ideal blend of comfort and convenience. The open kitchen features quartz countertops, a center island, and a breakfast bar, creating a great space for cooking and gathering. The spacious primary suite includes a full bath and walk-in closet for added comfort. Enjoy outdoor living on the covered back patio, plus the convenience of a 2-car garage and two additional slab parking spaces. Even better, the refrigerator, washer, and dryer are all included, making this move-in-ready home an excellent choice for first-time buyers or anyone looking for an easy, low-maintenance lifestyle.

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 $130,096. 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 feet1,535
Property typeSingle Family
MLS #7049489
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)
$1,284/mo
Source est. payment (PITI)
$1,807/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$130,096

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

$0$130,096
Additional funds needed$0

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