Properties / 8611 N 67TH Drive
FHA ASSUMABLERate: 7.63%

8611 N 67TH Drive

$275,000
Peoria, AZ 85345
2 beds2 baths1,093 sqftSingle Family
The assumable advantage
7.63%
FHA assumed rate
$1,109 interest already paid off
Estimated Loan Balance$5,375
Cash to close$269,631
Est. Monthly PITI$255
Initial Loan Amount$5,531
Time on site28 days
Remaining Term25 years, 4 months
Seller's equity (what you pay)
$269,625
Cash or secondary financing
Monthly savings
$1,582
Versus today's market rate
Est. savings per year
$19K
Versus today's market rate

About this home

Welcome to this sun-drenched, Peoria townhome featuring soaring vaulted ceilings and massive arched architectural windows that flood the open-concept living space with natural light. The highly desirable split floor plan offers ultimate flexibility, featuring dual primary bedrooms--with one conveniently located on the main floor--plus a versatile upstairs loft perfect for a home office, media room, or secondary lounge. The interior boasts warm wood-look flooring, crisp baseboards, and a bright kitchen outfitted with stainless steel appliances and a modern tile backsplash. Step through the sliding glass doors to enjoy your own private patio space. Perfectly situated for an active lifestyle, you are just minutes away from the premier dining, shopping, and entertainment of Westgate, P83, and State Farm Stadium. Turn-key and waiting for you.

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 $269,625. 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

Bedrooms2
Bathrooms2
Square feet1,093
Property typeSingle Family
MLS #7061176
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
FHA is primary-residence only. But Jeff has VA assumables in the same area.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$40/mo
Source est. payment (PITI)
$255/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$269,625

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

$0$269,625
Additional funds needed$0

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