Properties / 1443 E Pepper Pl Place
VA ASSUMABLERate: 6.5%

1443 E Pepper Pl Place

$490,000
Mesa, AZ 85203
4 beds2 baths1,902 sqftSingle Family
The assumable advantage
6.5%
VA assumed rate
$37,508 interest already paid off
Estimated Loan Balance$459,450
Cash to close$30,999
Est. Monthly PITI$3,198
Initial Loan Amount$464,643
Time on site50 days
Remaining Term28 years, 10 months
Seller's equity (what you pay)
$30,550
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

This beautiful home is located near downtown mesa. The home is walking distance to the light rail and shopping. It has a stunning backyard with turf and a fenced in pool. The best part, NO HOA....The home is a 4 bedroom 2 bath property with new central air, roof, paint, backyard turf, and pool equipment. Also has a water filtration system.

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 $30,550. 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

Bedrooms4
Bathrooms2
Square feet1,902
Property typeSingle Family
MLS #6967936
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)
$2,943/mo
Source est. payment (PITI)
$3,198/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$30,550

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

$0$30,550
Additional funds needed$0

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