Properties / 19208 N 5TH Avenue
FHA ASSUMABLERate: 3.56%

19208 N 5TH Avenue

$500,000
Phoenix, AZ 85027
3 beds2 baths1,212 sqftSingle Family
The assumable advantage
3.56%
FHA assumed rate
$28,740 interest already paid off
Estimated Loan Balance$49,085
Cash to close$451,091
Est. Monthly PITI$649
Initial Loan Amount$71,225
Time on site13 days
Remaining Term16 years, 9 months
Seller's equity (what you pay)
$450,915
Cash or secondary financing
Monthly savings
$2,624
Versus today's market rate
Est. savings per year
$31K
Versus today's market rate

About this home

Completely remodeled 3 bedroom, 2 bathroom single-story home tucked into an established neighborhood. This move-in ready home features a split floor plan, tile flooring throughout, and dual pane windows throughout. The remodeled kitchen was completed in 2025, with beautifully updated bathrooms completed in 2026. New A/C in 2026 and roof replaced in 2022 provide added peace of mind. Situated on an oversized 7,000+ sqft lot with plenty of room to enjoy the outdoors. Conveniently located near freeways, shopping, dining, and entertainment.

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 $450,915. 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 feet1,212
Property typeSingle Family
MLS #7073012
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)
$325/mo
Source est. payment (PITI)
$649/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$450,915

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

$0$450,915
Additional funds needed$0

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