Properties / 7313 S BONARDEN Lane
VA ASSUMABLERate: 3.67%

7313 S BONARDEN Lane

$365,000
Tempe, AZ 85283
2 beds2 baths1,179 sqftSingle Family
The assumable advantage
3.67%
VA assumed rate
$79,626 interest already paid off
Estimated Loan Balance$161,376
Cash to close$204,618
Est. Monthly PITI$1,294
Initial Loan Amount$215,897
Time on site49 days
Remaining Term18 years, 7 months
Seller's equity (what you pay)
$203,624
Cash or secondary financing
Monthly savings
$1,154
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

Some homes simply check the boxes. Others just feel like home. This charming patio home in the highly desirable Parkside at the Galleria is one of those rare opportunities. Offering 2 bedrooms, 2 bathrooms, and 1,179 square feet, this thoughtfully designed single-level home features soaring vaulted ceilings, abundant natural light, and a spacious split-bedroom floor plan that provides privacy for owners and guests alike. The inviting living room is anchored by a cozy wood-burning fireplace and opens to one of two private courtyards, creating seamless indoor/outdoor living. The kitchen offers granite countertops, stainless steel appliances, generous cabinet space, and an efficient layout that makes everyday living easy. Both bedrooms feature their own bathrooms, making the home ideal guests, roommates, or a comfortable home office setup. Located in one of Tempe's most sought-after patio home communities, residents enjoy a sparkling community pool, beautifully maintained grounds, and a convenient location close to shopping, restaurants, freeways, Arizona State University, Sky Harbor Airport, and countless entertainment options. But here's what makes this home especially intriguing... It's ready for its next owner to enjoy immediately while still offering opportunities to add your own personal style and build equity over time. Opportunities like this don't stay available for long.

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 $203,624. 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

Bedrooms2
Bathrooms2
Square feet1,179
Property typeSingle Family
MLS #7057581
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)
$999/mo
Source est. payment (PITI)
$1,294/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$203,624

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

$0$203,624
Additional funds needed$0

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