Active
17$389,000$25,105 down
- Rate
- 5.625%
6.95%today- Payment
- $2,148/mo
$2,470today
- 4beds
- 2baths
- 1,666sqft
Phoenix, Arizona
Assumable homes for salein Phoenix, Arizona.
393 homes in Phoenix carry an existing FHA, VA, or USDA loan you can take over, with locked rates from 2.01%. Assume the seller’s mortgage instead of financing at today’s 7.2%.
Live MLS data · Updated
Phoenix assumable market
by the numbers.
393active assumable listings
2.01%lowest locked rate
$399kmedian list price
$682saved per month vs. 7.2%
About the market
Assumable mortgagesin Phoenix, explained.
Every number on this page comes from the live MLS feeds UMe indexes for Arizona, filtered to Phoenix. Updated September 2026.
How assumptions work for buyersPhoenix, Arizona has 393 homes for sale with an assumable mortgage as of September 2026: 264 FHA loans and 129 VA loans that a qualified buyer can take over at the seller's existing rate instead of financing at today's roughly 7.2%. Rates on active Phoenix assumable listings start at 2.01% with a median of 4.50%; 173 listings are under 4% and 205 are under 5%.
The median assumable home in Phoenix lists for $399,000, with a median of $126,565 in cash to assume, the gap between the price and the remaining loan balance. At the median assumable rate the principal-and-interest payment is about $1,599 a month versus $2,281 for the same balance at today's rate, roughly $682 kept every month and $8,189 a year. The most active Phoenix ZIP codes are 85041 (28), 85037 (25), 85029 (19), 85032 (17), and 85042 (17).
1 listing in Phoenix is UMe Certified, meaning the balance, rate, and assumability have been confirmed with the listing agent. FHA, VA, and USDA loans are assumable by law, and you do not need to be a veteran to assume a VA loan. Once you are under contract, the loan servicer underwrites you rather than a new lender; most Phoenix assumptions close in 45 to 90 days, and UMe tracks the file with the servicer and both agents so nothing stalls.
Verified in Phoenix
View all 393 on the map Homes on the marketin Phoenix.
FHA
Active
38$579,000$46,539 down
- Rate
- 5.75%
6.95%today- Payment
- $3,155/mo
$3,579today
- 3beds
- 3baths
- 2,615sqft
4950 WEEPING WILLOW Way, Laveen
FHATop pick
Active
25$299,000$9,805 down
- Rate
- 2.84%
6.95%today- Payment
- $1,338/mo
$2,145today
- 3beds
- 3baths
- 1,744sqft
7051 LINCOLN Street, Peoria
FHATop pick
Active
26$279,900Potential short sale
- Rate
- 3.07%
6.95%today- Payment
- $1,441/mo
$2,242today
- 4beds
- 2baths
- 1,288sqft
2830 48TH Lane, Phoenix
VATop pick
Active
52$159,900$5,435 down
- Rate
- 3.07%
6.95%today- Payment
- $732/mo
$1,139today
- 1beds
- 1baths
- 576sqft
3033 DEVONSHIRE Avenue #3003, Phoenix
FHATop pick
Active
35$349,000$20,723 down
- Rate
- 3.05%
6.95%today- Payment
- $1,541/mo
$2,405today
- 3beds
- 3baths
- 1,848sqft
2837 73RD Drive, Phoenix
Live MLS collection. Loan balances, payment estimates, and cash-to-assume amounts update with the source listing. Taxes, insurance, HOA, closing costs, and secondary financing may change the final monthly payment.
Inventory snapshot
What’s in the mixin Phoenix.
Live counts from the MLS feeds we index for Arizona. Updated September 2026.
- Active listings
- 393
- UMe Certified / verified
- 1
- Lowest rate
- 2.01%
- Median rate
- 4.50%
- Median list price
- $399,000
- Median cash to assume
- $126,565
Phoenix listings by locked rate
- Under 4%173 homes
- 4% – 5%32 homes
- 5% – 6%32 homes
- 6% and up152 homes
Phoenix listings by loan type
- FHA264 homesmedian 5.23%
- VA129 homesmedian 3.58%
FHA, VA, and USDA loans are assumable by law. Conventional loans almost never are.
By neighborhood
Assumable homesby Phoenix ZIP code.
Each ZIP opens the Phoenix map zoomed to its listings, in assumptions mode, with rate and payment filters ready.
- 85041
28 assumable homes
median 4.51% · $439,000
- 85037
25 assumable homes
median 5.52% · $395,000
- 85029
19 assumable homes
median 5.41% · $369,000
- 85032
17 assumable homes
median 3.78% · $459,900
- 85042
17 assumable homes
median 6.67% · $426,900
- 85043
17 assumable homes
median 3.82% · $377,000
- 85086
17 assumable homes
median 3.07% · $799,000
- 85009
16 assumable homes
median 5.38% · $327,500
Run the Phoenix numbers
What an assumable ratedoes to a Phoenix payment.
The sliders start at the median Phoenix assumable listing: $399,000 list price and a 4.50% existing rate. We compare the payment you would take over against financing the same balance with a new loan at today’s 7.20%. Principal and interest only; taxes, insurance, and HOA dues are the same either way.
The gap between price and balance is the seller’s equity: your cash to assume, or what a second loan can help cover.
Cash to assume (seller’s equity)$130,000
33% of the price. Eligible buyers can start with as little as 5% down using a second loan for the rest.
Your monthly payment if you assume in Phoenix
$1,470/mo
New loan at 7.20%$1,833
Assumed at 4.50%
$1,470
Every month$363
Over five years$21,786
Interest you never pay$201,26026-year assumed loan vs. a new 30-year loan
Estimates for illustration. The real numbers depend on the loan, the servicer, and your qualification; every Phoenix listing on UMe shows the actual balance, rate, and payment.
How it works in Phoenix
How to assumea mortgage in Phoenix.
You’re not applying for a new mortgage. You’re stepping into one that already exists, at the rate it was written. Four steps, and UMe owns the hard one.
Start with pre-qualification- 01
Find a Phoenix home with a locked rate.
Every listing on this page carries an existing FHA, VA, or USDA loan. Filter the Phoenix map by existing rate, monthly payment, or cash to assume instead of by list price alone.
- 02
Cover the seller’s equity.
You pay the seller the difference between the price and the remaining balance, a median of $126,565 in Phoenix today. Cash, a second loan, or seller financing can bridge it.
- 03
Qualify with the servicer, not a new lender.
The current loan servicer reviews your credit, income, and debt just like a lender would. UMe prepares the file, works the servicer directly, and chases every follow-up so the 45-to-90-day timeline holds.
- 04
Close and keep the rate.
The seller’s balance, rate, and remaining term become yours. No points, no origination fee, no reset to 30 years, and a Phoenix payment written in a different decade.
Phoenix questions
Assuming a mortgagein Phoenix.
The numbers below come from current Phoenix inventory and update as listings change.
All assumption FAQsHow many assumable homes are for sale in Phoenix?
As of September 2026, UMe tracks 393 active assumable listings in Phoenix. 1 of them is UMe Certified, meaning the loan balance, rate, and assumability have been confirmed with the listing agent. Inventory refreshes from the MLS throughout the day, so the map may show slightly different counts.
What types of assumable loans are available in Phoenix?
Current Phoenix inventory breaks down as FHA (264, median 5.23%) and VA (129, median 3.58%). FHA, VA, and USDA mortgages are assumable by law, which is why they make up nearly all assumable listings. Conventional loans usually carry a due-on-sale clause and cannot be assumed. You do not need to be a veteran to assume a VA loan, though the seller's entitlement stays tied up unless you substitute your own.
What is the lowest assumable mortgage rate in Phoenix?
The lowest rate on an active Phoenix assumable listing is 2.01%, and the median across all 393 listings is 4.50%. 173 listings are under 4% and 205 are under 5%, compared with roughly 7.2% for a new 30-year loan today.
How much can I save with a mortgage assumption in Phoenix?
Across current Phoenix listings, the median principal-and-interest payment on the assumable loan is $1,599 per month versus $2,281 for the same balance at today's rates, a difference of about $682 every month, or $8,189 a year. The savings compound because you also keep the seller's remaining term instead of restarting a 30-year clock.
How much money do I need to assume a home in Phoenix?
When you assume a loan you pay the seller the difference between the list price and the remaining loan balance. In Phoenix that gap is currently a median of $126,565 on a median list price of $399,000. Buyers cover it with cash, a second mortgage, or seller financing; UMe can connect you with lenders who write gap loans behind an assumption.
Which Phoenix ZIP codes have the most assumable homes?
The Phoenix ZIP codes with the most active assumable listings are 85041 (28), 85037 (25), 85029 (19), 85032 (17), and 85042 (17). Use the map to draw your own boundary or filter by rate, payment, and down payment inside any of them.
How long does a mortgage assumption take in Phoenix?
Most FHA and VA assumptions close in 45 to 90 days. The loan servicer, not a new lender, underwrites you, and servicer turnaround is the main variable. UMe tracks the file with the servicer and the listing agent so nothing stalls, and every listing shows whether the assumption has already been confirmed with the seller's side.
Nearby markets
All of Arizona More assumable homesin Arizona.
Ready when you are
Stop overpaying for Phoenix.The rate is already on the house.
Every listing on the Phoenix map has a rate you can take over. Start with the ones in Phoenix, get pre-qualified in minutes, and let UMe carry the assumption to closing.
