Properties / 3806 E TOLTEC Court
VA ASSUMABLERate: 6.22%

3806 E TOLTEC Court

$550,000
Sierra Vista, AZ 85650
3 beds2 baths2,178 sqftSingle Family
The assumable advantage
6.22%
VA assumed rate
$19,750 interest already paid off
Estimated Loan Balance$423,365
Cash to close$127,884
Est. Monthly PITI$2,998
Initial Loan Amount$425,000
Time on site50 days
Remaining Term29 years, 4 months
Seller's equity (what you pay)
$126,635
Cash or secondary financing
Monthly savings
$625
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

Fantastic corner-lot property situated on over an acre, offering space, flexibility, and energy savings with assumable solar. This 3 bedroom, 2 bath home features two expansive living areas, including a converted attached garage that serves as a bonus room or theatre room, home office, gym, or any hobby space. Step outside to enjoy exceptional outdoor living with a sparkling pool, above ground spa, private covered porch, and plenty of open space for recreation, animals, or future improvements. The detached garage with oversized doors is thoughtfully divided into two functional spaces, with front half designated for spacious parking and the rear currently set up as a game room. Which could provide another large entertaining space complete with mini-split and a covered patio of it's own. All of this makes for remarkable possibilities. With room to spread out and endless potential, this unique property offers the perfect blend of comfort, function, and fun. Don't miss this one.

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 $126,635. 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
Bathrooms2
Square feet2,178
Property typeSingle Family
MLS #7039206
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)
$2,619/mo
Source est. payment (PITI)
$2,998/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$126,635

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

$0$126,635
Additional funds needed$0

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