Properties / 3650 E QUENTON Drive
VA ASSUMABLERate: 6.82%

3650 E QUENTON Drive

$595,000
Mesa, AZ 85215
3 beds3 baths2,269 sqftSingle Family
The assumable advantage
6.82%
VA assumed rate
$79,953 interest already paid off
Estimated Loan Balance$449,985
Cash to close$147,278
Est. Monthly PITI$3,340
Initial Loan Amount$460,000
Time on site50 days
Remaining Term27 years, 6 months
Seller's equity (what you pay)
$145,015
Cash or secondary financing
Monthly savings
$486
Versus today's market rate
Est. savings per year
$6K
Versus today's market rate

About this home

Charming brick home on a gated cul-de-sac! Manicured desert landscape, covered front patio, & 2-car garage. Inviting open layout with recessed lighting, thick baseboards, wood-look floors, & custom paint. The cozy living area features a stone-accented wood-burning fireplace & multi-sliding doors to the outside. Well-appointed kitchen has breakfast bar, staggered cabinetry w/crown moulding, SS appliances, & mosaic backsplash. Spacious main bedroom offers two walk-in closets, makeup vanity, & bathroom w/dual sinks, glass-enclosed shower, & backyard access. The 3rd bedroom includes a Murphy bed, a versatile space for an office or guest quarters! Enjoy the backyard boasting a covered deck, built-in BBQ, cement benches, lovely pavers, & city lights/mountain views. Arizona living at its finest!

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 $145,015. 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
Bathrooms3
Square feet2,269
Property typeSingle Family
MLS #7007978
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)
$3,023/mo
Source est. payment (PITI)
$3,340/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$145,015

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

$0$145,015
Additional funds needed$0

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