Properties / 483 W WELDON Street
VA ASSUMABLERate: 3.1%

483 W WELDON Street

$399,000
Vail, AZ 85641
4 beds2 baths2,101 sqftSingle Family
The assumable advantage
3.1%
VA assumed rate
$49,503 interest already paid off
Estimated Loan Balance$332,962
Cash to close$68,150
Est. Monthly PITI$1,993
Initial Loan Amount$365,855
Time on site50 days
Remaining Term25 years, 6 months
Seller's equity (what you pay)
$66,038
Cash or secondary financing
Monthly savings
$777
Versus today's market rate
Est. savings per year
$9K
Versus today's market rate

About this home

Welcome home to a 3.5% (APR 3.58%) VA assumable loan (open to non-VA buyers) with a newer 2022-build four bedroom, two bathroom home in Corona de Tucson within the award-winning Vail School District. Clean, bright, light and ready to make home, features include a tankless water heater, gas range, off-set tile flooring, two-tone paint, granite countertops, covered porch and covered front entry. The washer and dryer stay to make this a move-in and enjoy home. The laundry room has direct access from the primary closest and the split floorplan bedroom, for easy living. The large dining area is set back to allow open concept central living, and the garage is fully painted with a landscaped front yard and long driveway. Welcome home to your retreat in Vail!

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 $66,038. 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 feet2,101
Property typeSingle Family
MLS #7041005
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)
$1,576/mo
Source est. payment (PITI)
$1,993/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$66,038

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

$0$66,038
Additional funds needed$0

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