Properties / 4701 E EUCLID Avenue
VA ASSUMABLERate: 3.62%

4701 E EUCLID Avenue

$525,000
Phoenix, AZ 85044
2 beds2 baths1,596 sqftSingle Family
The assumable advantage
3.62%
VA assumed rate
$66,851 interest already paid off
Estimated Loan Balance$266,855
Cash to close$258,145
Est. Monthly PITI$1,863
Initial Loan Amount$307,228
Time on site3 days
Remaining Term23 years, 7 months
Seller's equity (what you pay)
$258,145
Cash or secondary financing
Monthly savings
$1,693
Versus today's market rate
Est. savings per year
$20K
Versus today's market rate

About this home

Location, location, location! Welcome to this beautifully situated Phoenix home offering the perfect blend of comfort and convenience. Enjoy a recently resurfaced pool, hardwood flooring, updated bathrooms, a new Sub-Zero refrigerator, and a roof recoated within the last year. Nestled in a highly desirable area with beautiful mountain views throughout the neighborhood, this home is ideally located near golf, shopping, dining, and major freeway access, making it easy to enjoy everything the Valley has to offer. Whether you're relaxing poolside or taking advantage of the incredible location, this home is a fantastic opportunity in one of Phoenix's most convenient areas.

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 $258,145. 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 feet1,596
Property typeSingle Family
MLS #7077204
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)
$1,403/mo
Source est. payment (PITI)
$1,863/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$258,145

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

$0$258,145
Additional funds needed$0

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