Properties / 29991 W Freda Lane
VA ASSUMABLERate: 6.5%

29991 W Freda Lane

$375,000
Buckeye, AZ 85396
4 beds2 baths2,237 sqftSingle Family
The assumable advantage
6.5%
VA assumed rate
$18,319 interest already paid off
Estimated Loan Balance$306,590
Cash to close$68,701
Est. Monthly PITI$2,272
Initial Loan Amount$308,867
Time on site43 days
Remaining Term29 years, 2 months
Seller's equity (what you pay)
$68,410
Cash or secondary financing
Monthly savings
$255
Versus today's market rate
Est. savings per year
$3K
Versus today's market rate

About this home

Welcome home to this beautifully maintained single-level home offering the perfect blend of comfort and functionality! The desirable split floor plan features 4 bedrooms with a private primary suite separated from the secondary bedrooms. The open-concept kitchen overlooks the spacious great room, making everyday living and entertaining effortless. Step outside to your own backyard retreat featuring low-maintenance artificial turf, mature landscaping, an extended paver patio, gazebo-covered seating with a fire table, tranquil water feature, and a hot tub that conveys! Enjoy Arizona evenings in this private outdoor oasis, perfect for relaxing or entertaining. Located in the sought-after Tartesso community with parks, playgrounds, walking paths, and convenient access to schools and amenities.

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 $68,410. 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

Bedrooms4
Bathrooms2
Square feet2,237
Property typeSingle Family
MLS #7053455
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)
$1,956/mo
Source est. payment (PITI)
$2,272/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$68,410

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

$0$68,410
Additional funds needed$0

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