Properties / 19454 N 83RD Drive
VA ASSUMABLERate: 3.13%

19454 N 83RD Drive

$379,000
Peoria, AZ 85382
2 beds2 baths1,660 sqftSingle Family
The assumable advantage
3.13%
VA assumed rate
$27,151 interest already paid off
Estimated Loan Balance$134,180
Cash to close$244,510
Est. Monthly PITI$949
Initial Loan Amount$154,355
Time on site0 days
Remaining Term24 years, 1 month
Seller's equity (what you pay)
$244,820
Cash or secondary financing
Monthly savings
$1,573
Versus today's market rate
Est. savings per year
$19K
Versus today's market rate

About this home

This beautiful 2 bedroom 2 bath is different than all the rest with a room addition off the kitchen and living room. It would make a great craft room. It has it's own climate control with a brand new mini split AC system. The kitchen features updated appliances with a convection combination oven and microwave. Granite countertops with a gorgeous copper sink. In addition to being a corner lot home with a low maintenance turf backyard.

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 $244,820. 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 feet1,660
Property typeSingle Family
MLS #7079701
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)
$662/mo
Source est. payment (PITI)
$949/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$244,820

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

$0$244,820
Additional funds needed$0

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