Properties / 7700 E EVENING GLOW Drive
VA ASSUMABLERate: 2.27%

7700 E EVENING GLOW Drive

$1,300,000
Scottsdale, AZ 85266
3 beds4 baths2,760 sqftSingle Family
The assumable advantage
2.27%
VA assumed rate
$13,964 interest already paid off
Estimated Loan Balance$101,117
Cash to close$1,199,621
Est. Monthly PITI$1,392
Initial Loan Amount$141,600
Time on site44 days
Remaining Term10 years
Seller's equity (what you pay)
$1,198,883
Cash or secondary financing
Monthly savings
$6,724
Versus today's market rate
Est. savings per year
$81K
Versus today's market rate

About this home

Expansive semi-custom corner lot with views to Winfield and Black Mountains. Impeccably maintained, upgraded, and refined. This luxury Morganite plan features family, living & dining rooms all open to the kitchen. The primary suite features a stunning updated bathroom & massive walk-in closet. The other two junior bedrooms are en-suite. Porcelain plank tile throughout except the living room and bedrooms. Backyard paradise! single story, no stairs, heated above ground spa, firepit, an incredible koi pond, bar-b-que, Black Mtn views from one side and Winfield Mtn views from the other side. Newer Trane AC's, epoxy 3 car garage, updated fixtures and lights, 18+K in windows, 53+K in primary bath remodel. Winfield offers resort style living w/ comm htd. pool, 8 tennis courts, pickleball, social

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 $1,198,883. 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
Bathrooms4
Square feet2,760
Property typeSingle Family
MLS #7059767
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)
$943/mo
Source est. payment (PITI)
$1,392/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$1,198,883

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

$0$1,198,883
Additional funds needed$0

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