Properties / 2146 W ISABELLA Avenue
FHA ASSUMABLERate: 6.85%

2146 W ISABELLA Avenue

$215,000
Mesa, AZ 85202
1 beds1 baths782 sqftSingle Family
The assumable advantage
6.85%
FHA assumed rate
$17,966 interest already paid off
Estimated Loan Balance$209,088
Cash to close$6,485
Est. Monthly PITI$1,670
Initial Loan Amount$211,105
Time on site50 days
Remaining Term28 years, 9 months
Seller's equity (what you pay)
$5,912
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

MOVE-IN READY MESA CONDO WITH PRIVATE BALCONY & COMMUNITY AMENITIES! This well-maintained 1-bedroom, 1-bath condo offers a functional open layout with the living room flowing directly into the kitchen, creating a comfortable everyday living space. The spacious bedroom features a large window for abundant natural light & a walk-in closet. The full bathroom offers convenient dual access from both the bedroom & main living area, complete with a shower/tub combination & an additional storage closet. A private stacked washer & dryer are conveniently located inside the unit. Step outside to your private covered balcony overlooking the lush community greenbelt, with an additional exterior storage closet for added convenience. Residents enjoy access to the community pool, tennis & pickleball courts, all while being just minutes from Loop 101, US-60, shopping, dining & everyday conveniences.

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 $5,912. 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

Bedrooms1
Bathrooms1
Square feet782
Property typeSingle Family
MLS #7051986
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)
$1,388/mo
Source est. payment (PITI)
$1,670/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$5,912

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

$0$5,912
Additional funds needed$0

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