Properties / 7800 E LINCOLN Drive
VA ASSUMABLERate: 3.81%

7800 E LINCOLN Drive

$650,000
Scottsdale, AZ 85250
3 beds2 baths1,601 sqftSingle Family
The assumable advantage
3.81%
VA assumed rate
$91,753 interest already paid off
Estimated Loan Balance$198,710
Cash to close$451,290
Est. Monthly PITI$1,519
Initial Loan Amount$256,737
Time on site14 days
Remaining Term19 years, 7 months
Seller's equity (what you pay)
$451,290
Cash or secondary financing
Monthly savings
$2,632
Versus today's market rate
Est. savings per year
$32K
Versus today's market rate

About this home

Location, Location, Location!!! Experience Central Scottsdale living with direct golf course and mountain views right from your back door. Situated directly along the Silverado Golf Course and the Scottsdale Greenbelt, this 3BR, 2BA townhome offers immediate access to miles of walking and biking paths. Inside, the great room features soaring tongue-and-groove ceilings and a wood burning fireplace. The floor plan includes two main level bedrooms, plus a private upstairs primary suite with a balcony to enjoy the awesome views. With recent replacements in 2026 of one of the A/C units and the water heater, many of the big ticket upgrades have been done. It also features a community pool, spa and BBQ area- making it the ideal home, seasonal lock n' leave retreat or investment opportunity!

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 $451,290. 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
Square feet1,601
Property typeSingle Family
MLS #7072811
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)
$1,201/mo
Source est. payment (PITI)
$1,519/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$451,290

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

$0$451,290
Additional funds needed$0

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