Properties / 4924 S 104TH Drive
FHA ASSUMABLERate: 7.17%

4924 S 104TH Drive

$418,999
Tolleson, AZ 85353
4 beds2 baths1,696 sqftSingle Family
The assumable advantage
7.17%
FHA assumed rate
$65,292 interest already paid off
Estimated Loan Balance$386,309
Cash to close$33,418
Est. Monthly PITI$3,195
Initial Loan Amount$394,718
Time on site50 days
Remaining Term27 years, 8 months
Seller's equity (what you pay)
$32,690
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

Why wait for a new build? This stunning 2024 home is move-in ready and loaded with upgrades! Featuring 4 spacious bedrooms, 2 bathrooms, and an open-concept layout, this home boasts a beautiful kitchen with granite countertops, a large island, pantry, and plenty of space for entertaining. The private primary suite includes a double vanity and walk-in closet, while the low-maintenance backyard offers endless possibilities to create your own outdoor oasis. Conveniently located near parks, shopping, restaurants, and major freeways, this home delivers modern living without the wait. Schedule your showing today!

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 $32,690. 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
Bathrooms2
Square feet1,696
Property typeSingle Family
MLS #7046839
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)
$2,679/mo
Source est. payment (PITI)
$3,195/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$32,690

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

$0$32,690
Additional funds needed$0

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