Properties / 5512 W THURMAN Drive
FHA ASSUMABLERate: 6.88%

5512 W THURMAN Drive

$511,875
Laveen, AZ 85339
4 beds4 baths2,622 sqftSingle Family
The assumable advantage
6.88%
FHA assumed rate
$83,330 interest already paid off
Estimated Loan Balance$498,468
Cash to close$17,304
Est. Monthly PITI$3,996
Initial Loan Amount$507,467
Time on site50 days
Remaining Term27 years, 8 months
Seller's equity (what you pay)
$13,407
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

Welcome home to the Jade floor plan you've been waiting for! Perfectly positioned on a premium corner lot, this beautifully maintained 4-bedroom home offers the ideal blend of comfort, space, and everyday functionality. The thoughtfully designed split floor plan provides privacy, with three secondary bedrooms and two full baths at the front of the home, while the spacious primary suite is tucked away in its own private retreat. At the heart of the home, the chef-inspired kitchen is designed for gathering, featuring a large center island, abundant counter space, a sunny dining nook, and an impressive butler's pantry with a walk-in pantry for exceptional storage. The relaxing primary suite offers dual vanities, a spacious walk-in shower, and the peaceful retreat you deserve at the end of the day. Tall ceilings, upgraded interior doors, and quality finishes throughout create an open, elegant feel. The oversized 3-car tandem garage provides room for vehicles, storage, or your favorite hobbies. Ideally located near Loop 202, shopping, dining, and a neighborhood park, this move-in-ready home gives you the lifestyle you've been looking for--without the wait of new construction. Move in and start making memories from day one.

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 $13,407. 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

Bedrooms4
Bathrooms4
Square feet2,622
Property typeSingle Family
MLS #6981783
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)
$3,362/mo
Source est. payment (PITI)
$3,996/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$13,407

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

$0$13,407
Additional funds needed$0

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