Properties / 7411 W VOGEL Avenue
FHA ASSUMABLERate: 6.82%

7411 W VOGEL Avenue

$370,000
Peoria, AZ 85345
3 beds2 baths1,728 sqftSingle Family
The assumable advantage
6.82%
FHA assumed rate
$63,291 interest already paid off
Estimated Loan Balance$394,970
Cash to close$0
Est. Monthly PITI$3,034
Initial Loan Amount$402,573
Time on site50 days
Remaining Term27 years, 8 months
Seller's equity (what you pay)
$0
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

Short sale opportunity... 3-bedroom, 2-bath home in a prime location! Situated on a spacious lot within the highly sought-after Peoria school district, this property offers both convenience and charm. Just minutes from State Farm Stadium, Westgate Entertainment District, and Desert Diamond Casino. This home reflects true pride of ownership, featuring an expansive family room, a generous kitchen, and a dedicated dining area--perfect for everyday living and entertaining. Tile flooring runs throughout, and the inviting living room showcases a beautiful fireplace. Enjoy the thoughtfully landscaped front yard with an irrigation system, along with low-maintenance artificial turf in the backyard. The covered patio creates a perfect outdoor retreat for relaxing or hosting guests. Additional highlights include a large storage shed, a two-car garage, RV gate access, and mature trees--many of them fruit-bearing--both in the front and back yards.

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 $0. 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 feet1,728
Property typeSingle Family
MLS #7003174
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)
$2,648/mo
Source est. payment (PITI)
$3,034/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.