Properties / 10943 W RUTH Avenue
FHA ASSUMABLERate: 4.98%

10943 W RUTH Avenue

$360,900
Peoria, AZ 85345
3 beds2 baths1,469 sqftSingle Family
The assumable advantage
4.98%
FHA assumed rate
$37,407 interest already paid off
Estimated Loan Balance$171,236
Cash to close$190,200
Est. Monthly PITI$1,341
Initial Loan Amount$182,641
Time on site50 days
Remaining Term25 years, 10 months
Seller's equity (what you pay)
$189,664
Cash or secondary financing
Monthly savings
$1,145
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

PRICED to SELL and well below market value, this beautiful Country Meadows home is a rare opportunity to own a golf course property with numerous updates already completed! Perfectly situated on a premium corner lot backing to the Peoria Pines Golf Course, this charming 3-bedroom, 2-bath home provides added privacy, peaceful views, and low-maintenance living. Thoughtfully updated over the years, the home features a new roof installed in 2018, stylish wood-look flooring throughout, completed in 2020, and owner-owned solar added in 2023, providing energy efficiency and long-term savings, just to name a few of the many improvements. Step inside to discover a bright, welcoming interior with soaring vaulted ceilings, abundant natural light, fresh interior paint, and a neutral color palette that complements any style. The spacious living and dining areas flow seamlessly together, creating an inviting atmosphere for both everyday living and entertaining. The well-appointed kitchen boasts black stainless-steel appliances, ample wood cabinetry, plenty of lighting, and a cozy breakfast nook overlooking the backyard and golf course. The versatile third bedroom includes a closet and offers the flexibility to serve as a home office, hobby room, or guest space. The secondary bedroom features a walk-in closet, while the spacious primary suite provides a private bath and its own walk-in closet for added convenience. Enjoy Arizona living at its finest in the backyard, complete with a full-length covered patio and view fencing that perfectly frames the peaceful golf course setting, ideal for morning coffee, sunsets, or weekend barbecues with family and friends. Move-in ready and packed with value, updates, and breathtaking golf course views, this incredible home is one you won't want to miss. Welcome home!

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 $189,664. 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 feet1,469
Property typeSingle Family
MLS #7049291
CountyMaricopa County
Assumable loanFHA
Tour this home
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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
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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)
$983/mo
Source est. payment (PITI)
$1,341/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$189,664

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

$0$189,664
Additional funds needed$0

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