Properties / 2302 W MCNAIR Street
VA ASSUMABLERate: 6.5%

2302 W MCNAIR Street

$369,995
Chandler, AZ 85224
2 beds1 baths1,041 sqftSingle Family
The assumable advantage
6.5%
VA assumed rate
$43,074 interest already paid off
Estimated Loan Balance$358,466
Cash to close$11,895
Est. Monthly PITI$2,531
Initial Loan Amount$365,051
Time on site50 days
Remaining Term28 years, 3 months
Seller's equity (what you pay)
$11,529
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

Best Priced Home in Chandler!!Beautifully updated Chandler home in a quiet, established neighborhood. This move-in-ready property features an open and functional floor plan with fresh interior updates throughout. New Cabinets, New Refrigerator and Dishwasher along with a new sink & faucet & garbage disposal in the Kitchen. New AC in 24, Water Softener/RO System and PVC Drip line installed in backyard as well as commercial grade irrigation tubing in the front yard. New Shower Doors in the Bathroom and the home has upgraded dual pane windows. You are going to love the backyard, multiple sheds are included and the covered patio allows for endless entertaining and Privacy. Owned Solar Panels so that your energy bills are cut drastically.Hard to find a better value in Chandler, move in ready!

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 $11,529. 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
Bathrooms1
Square feet1,041
Property typeSingle Family
MLS #7049127
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)
$2,312/mo
Source est. payment (PITI)
$2,531/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$11,529

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

$0$11,529
Additional funds needed$0

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