Properties / 36269 W HIGHLAND Avenue
FHA ASSUMABLERate: 6.5%

36269 W HIGHLAND Avenue

$480,000
Tonopah, AZ 85354
4 beds3 baths1,950 sqftSingle Family
The assumable advantage
6.5%
FHA assumed rate
$25,623 interest already paid off
Estimated Loan Balance$428,836
Cash to close$51,572
Est. Monthly PITI$3,123
Initial Loan Amount$432,020
Time on site50 days
Remaining Term29 years, 2 months
Seller's equity (what you pay)
$51,164
Cash or secondary financing
Monthly savings
$95
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Beautiful 2025 custom-built home situated on a spacious 1.40-acre corner lot! This 1,950 sq. ft. all-electric home features 4 bedrooms, 3 full bathrooms, barnwood-look tile flooring, quartz countertops, stainless steel appliances and extra-wide hallways. The guest bedrooms share a convenient Jack-and-Jill bathroom, while the primary suite offers a walk-in closet with built-in shelving, double sinks, a walk-in shower and private access to the covered back patio. Additional features include carpeted bedrooms, sliding glass doors from both the dining area and primary bedroom, an installed security system, covered front entrance, covered back patio and a 2-car garage. The home remains covered under the new-home construction warranty. The shared well serves only two homes and ..... includes a reserve water holding tank. Home inspection and well reports from the original new-build purchase are available for review. Enjoy quiet country living and unobstructed desert sunsets while remaining close to Interstate 10 for convenient commuting. Located approximately 15 minutes to Buckeye and 30 minutes to Phoenix from this fast-growing area.

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 $51,164. 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
Bathrooms3
Square feet1,950
Property typeSingle Family
MLS #7049256
CountyMaricopa County
Assumable loanFHA
Tour this home
In person or virtual.
Prefer virtual tour?
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
Call

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)
$2,736/mo
Source est. payment (PITI)
$3,123/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$51,164

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

$0$51,164
Additional funds needed$0

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