Properties / 3461 N EXCALIBUR Place
VA ASSUMABLERate: 4%

3461 N EXCALIBUR Place

$484,000
Casa Grande, AZ 85122
5 beds3 baths3,403 sqftSingle Family
The assumable advantage
4%
VA assumed rate
$11,037 interest already paid off
Estimated Loan Balance$415,401
Cash to close$71,626
Est. Monthly PITI$2,349
Initial Loan Amount$416,000
Time on site50 days
Remaining Term29 years, 5 months
Seller's equity (what you pay)
$68,599
Cash or secondary financing
Monthly savings
$850
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

Looking for space! This beautiful home has it all. From the moment you walk into the Living/Dining area you will notice the beautiful sitting area with a cozy fireplace. The kitchen is great for entertaining or just cooking a great meal with some much counter space and cabinets galore. There is a double over for cooking those holiday meals. Kitchen and family room have an open concept perfect for family gatherings. Bonus room off the family room that would make a great den/office space, play room, workout room or game room. This Home has 5 generously sized bedrooms, and 3 baths, One bed/bath downstairs that works great for guests. Primary Suite is large enough for another sitting area. Bathroom has separate tub/shower, double sinks, private toilet room and walk in closet. Step outside to your very own paradise. Full length covered patio with pony wall, built in BBQ, gorgeous salt water pool approx. 2 years old, with beautiful mountain views, a gazebo with a hot tub. Several sitting areas to enjoy the Arizona sunsets. The are numerous storage sheds on the side yard for storage. The 3 car garage is very spacious with counter space and more cabinets. Laundry room also has high end cabinets and a sink. So much more for you to enjoy. Take a look today!

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 $68,599. 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

Bedrooms5
Bathrooms3
Square feet3,403
Property typeSingle Family
MLS #7012295
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)
$2,004/mo
Source est. payment (PITI)
$2,349/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$68,599

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

$0$68,599
Additional funds needed$0

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