Properties / 13207 W PROSPECT Drive
VA ASSUMABLERate: 3.31%

13207 W PROSPECT Drive

$343,000
Sun City West, AZ 85375
2 beds2 baths1,610 sqftSingle Family
The assumable advantage
3.31%
VA assumed rate
$40,262 interest already paid off
Estimated Loan Balance$185,860
Cash to close$160,040
Est. Monthly PITI$1,156
Initial Loan Amount$210,626
Time on site50 days
Remaining Term23 years, 10 months
Seller's equity (what you pay)
$157,140
Cash or secondary financing
Monthly savings
$1,083
Versus today's market rate
Est. savings per year
$13K
Versus today's market rate

About this home

Well-cared-for Annapolis (expanded) model in desirable Sun City West featuring 2 bedrooms and 2 bathrooms with a comfortable, functional layout. The spacious kitchen offers abundant cabinetry and storage, making meal prep and entertaining easy. Both bedrooms feature spacious closets for added storage. A versatile office/utility room just off the garage provides flexible space for hobbies, a workspace, or additional storage. Enjoy Arizona living on the large screened-in back patio, perfect for relaxing or entertaining. Pride of ownership shows throughout, plus a new water heater for added peace of mind. Ideally located near golf, recreation centers, shopping, and dining.

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 $157,140. 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 feet1,610
Property typeSingle Family
MLS #6992859
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)
$940/mo
Source est. payment (PITI)
$1,156/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$157,140

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

$0$157,140
Additional funds needed$0

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