Properties / 8166 E BIRDIE Lane
VA ASSUMABLERate: 2.96%

8166 E BIRDIE Lane

$575,000
Gold Canyon, AZ 85118
3 beds2 baths2,295 sqftSingle Family
The assumable advantage
2.96%
VA assumed rate
$28,220 interest already paid off
Estimated Loan Balance$173,545
Cash to close$401,846
Est. Monthly PITI$1,276
Initial Loan Amount$195,343
Time on site15 days
Remaining Term24 years, 10 months
Seller's equity (what you pay)
$401,455
Cash or secondary financing
Monthly savings
$2,568
Versus today's market rate
Est. savings per year
$31K
Versus today's market rate

About this home

Furnished OCOTILLO floor plan in MountainBrook Village, a 55+ active adult community offering a wide variety of activities and amenities. This 3 bedroom, 2 bath home features high vaulted ceilings, a split floor plan, plantation shutters and newer flooring. Spacious kitchen with granite countertops, updated cabinetry and plenty of storage. Private primary suite includes a deep Jacuzzi tub, separate shower and large walk-in closet. Major updates include approximately $30K in Andersen windows, $7K Andersen front door, 3-year-old A/C, newer water heater and water softener. Large private lot with paver driveway and walkway plus a large covered patio. Extended 2-car garage with epoxy flooring and room for a pickup. Furnishings included.

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 $401,455. 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 feet2,295
Property typeSingle Family
MLS #7068612
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)
$823/mo
Source est. payment (PITI)
$1,276/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$401,455

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

$0$401,455
Additional funds needed$0

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