Properties / 5558 N 206th Glen
VA ASSUMABLERate: 5.52%

5558 N 206th Glen

$925,000
Buckeye, AZ 85396
3 beds2 baths2,236 sqftSingle Family
The assumable advantage
5.52%
VA assumed rate
$117,312 interest already paid off
Estimated Loan Balance$508,555
Cash to close$420,018
Est. Monthly PITI$3,578
Initial Loan Amount$535,544
Time on site50 days
Remaining Term26 years
Seller's equity (what you pay)
$416,445
Cash or secondary financing
Monthly savings
$2,382
Versus today's market rate
Est. savings per year
$29K
Versus today's market rate

About this home

AMAZING LOT almost 1/4 acre with SPECTACULAR views to the granite ridges and White Tank Mtns AND Victory golf course, pro tee box on #2. Step out of the great room thru stacking wall of glass sliders to covered patio great for entertaining - outdoor kitchen & dining, putting green and fire pit. 'Tis EXCEPTIONAL! Three bedrooms (den w/French doors) AND office nook. SOARING CEILING in Great Room with custom faux beams. Exterior Havana sun shades, extended Patio/Pergola, whole house water treatment & RO. Large Garage extended and Xwide w/epoxy floor & custom Triton cabinetry. Over $300k in upgrades thru builder & after move-in. The VIEW is TERRIFIC and the LOT is SPECIAL!

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 $416,445. 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 feet2,236
Property typeSingle Family
MLS #7008409
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)
$3,073/mo
Source est. payment (PITI)
$3,578/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$416,445

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

$0$416,445
Additional funds needed$0

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