Properties / 16385 W SOFT WIND Drive
VA ASSUMABLERate: 6.5%

16385 W SOFT WIND Drive

$565,000
Surprise, AZ 85387
3 beds3 baths2,206 sqftSingle Family
The assumable advantage
6.5%
VA assumed rate
$56,251 interest already paid off
Estimated Loan Balance$341,434
Cash to close$223,935
Est. Monthly PITI$2,529
Initial Loan Amount$351,000
Time on site8 days
Remaining Term27 years, 6 months
Seller's equity (what you pay)
$223,566
Cash or secondary financing
Monthly savings
$1,109
Versus today's market rate
Est. savings per year
$13K
Versus today's market rate

About this home

Welcome to this beautifully upgraded Lennar home in the desirable Asante community! SELLER HAS A 2.25% ASSUMABLE VA LOAN. Offering 3 bedrooms, 3 bathrooms and 2,206 square feet, this unique single-story floor plan features a true ''home within a home'' with its own private entrance, living area, kitchenette, bedroom, bathroom and laundry--ideal for multi-generational living, extended guests or a private home office setup. The main home features an open-concept great room and spacious kitchen with upgraded white cabinetry, granite countertops, stainless steel appliances, gas range, large pantry and breakfast bar. Wood-look tile flooring, plantation shutters and thoughtful upgrades continue throughout the home. Step outside to a beautifully landscaped, low-maintenance south-facing backyard designed for Arizona living. Enjoy the covered patio, artificial turf and sparkling PebbleTec saltwater pool complete with a newer Pentair heater for year-round enjoyment. The primary suite also offers direct backyard access along with a walk-in closet, dual sinks and spacious tiled shower. Additional highlights include fully owned solar, owned water softener, surround sound in the great room and patio, electric patio screens and built-in garage cabinetry. With its flexible layout, private pool, owned solar and extensive upgrades, this Asante home offers a combination that's hard to find! SELLER HAS A 2.25% ASSUMABLE VA LOAN.

How assumption works for this home

Can I assume this VA loan?

Yes, as long as you meet the lender's credit (620+) and DTI requirements. You do NOT need to be a veteran to assume a VA loan — this is a common misconception.

How much cash do I actually need?

You need to cover the seller's equity of $223,566. If you don't have that in cash, we can help structure secondary financing to cover the gap.

Can investors assume this one?

Yes — VA assumptions can be used for investment properties. You can rent this home out.

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 feet2,206
Property typeSingle Family
MLS #7071898
CountyMaricopa County
Assumable loanVA
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Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
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)
$2,223/mo
Source est. payment (PITI)
$2,529/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$223,566

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

$0$223,566
Additional funds needed$0

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