Properties / 11005 Henry Drive
VA ASSUMABLERate: 3.1%

11005 Henry Drive

$659,000
Flagstaff, AZ 86004
3 beds2 baths sqftSingle Family
The assumable advantage
3.1%
VA assumed rate
$38,895 interest already paid off
Estimated Loan Balance$189,157
Cash to close$470,284
Est. Monthly PITI$1,247
Initial Loan Amount$217,739
Time on site13 days
Remaining Term23 years, 11 months
Seller's equity (what you pay)
$469,843
Cash or secondary financing
Monthly savings
$2,952
Versus today's market rate
Est. savings per year
$35K
Versus today's market rate

About this home

Welcome to 11005 Henry Drive in desirable Hutchison Acres! This inviting SINGLE-LEVEL home offers panoramic mountain views and unforgettable sunsets & sunrises. The sellers have invested substantially in improvements, including updated windows custom remodeled bathroom, flooring, a newer water heater, smart garage door opener and much more! Inside, enjoy vaulted ceilings, a wood-burning stove, Central A/C, a well-appointed kitchen & primary suite with direct access to the spa. Outside, 1,200 SF of decking offers a built-in BBQ, seating areas & water features, all on a fenced acre so bring your horses! Planter beds, storage shed, 2 car garage with built-in work benches. RV gate (easy access to the yard) & RV parking! Participation in the APS Community Solar program keeps utility costs low

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 $469,843. 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
Bathrooms2
Property typeSingle Family
MLS #7073022
CountyMaricopa County
Assumable loanVA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
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)
$934/mo
Source est. payment (PITI)
$1,247/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$469,843

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

$0$469,843
Additional funds needed$0

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