Properties / 11414 W MOHAVE Street
FHA ASSUMABLERate: 2.89%

11414 W MOHAVE Street

$339,900
Avondale, AZ 85323
3 beds3 baths1,565 sqftSingle Family
The assumable advantage
2.89%
FHA assumed rate
$38,744 interest already paid off
Estimated Loan Balance$215,308
Cash to close$126,102
Est. Monthly PITI$1,452
Initial Loan Amount$245,471
Time on site50 days
Remaining Term24 years, 3 months
Seller's equity (what you pay)
$124,592
Cash or secondary financing
Monthly savings
$975
Versus today's market rate
Est. savings per year
$12K
Versus today's market rate

About this home

Welcome to this charming 3-bedroom, 2.5-bath home in the Fieldcrest community of Avondale! Offering 1,566 square feet of comfortable living space, this two-story home features an inviting floor plan, spacious living areas, and a kitchen that opens to the main living space--perfect for everyday living and entertaining. Upstairs, you'll find generously sized bedrooms, while outside you'll enjoy attractive curb appeal, a covered patio, and access to the community pool, perfect for Arizona summers. Conveniently located near parks, schools, shopping, dining, and easy freeway access. Don't miss this opportunity to make it yours!

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 $124,592. 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
Bathrooms3
Square feet1,565
Property typeSingle Family
MLS #7041876
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)
$1,030/mo
Source est. payment (PITI)
$1,452/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$124,592

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

$0$124,592
Additional funds needed$0

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