Properties / 11940 W WIER Avenue
VA ASSUMABLERate: 6.26%

11940 W WIER Avenue

$449,900
Avondale, AZ 85323
4 beds3 baths2,152 sqftSingle Family
The assumable advantage
6.26%
VA assumed rate
$85,878 interest already paid off
Estimated Loan Balance$397,263
Cash to close$56,806
Est. Monthly PITI$2,978
Initial Loan Amount$409,832
Time on site50 days
Remaining Term26 years, 8 months
Seller's equity (what you pay)
$52,637
Cash or secondary financing
Monthly savings
$97
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Great opportunity to own a newer 2022 home in the Alamar master-planned community. This single-level 4 bedroom, 3 bathroom home offers over 2,100 sqft with an open floor plan and split layout. Low-maintenance backyard ready for your personal touch. Community features include a pool, parks, walking trails, fishing lake, dog park, splash pad, and sports courts. Conveniently located near I-10, shopping, and dining. Seller willing to offer closing cost assistance or rate buy down with acceptable offer.

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 $52,637. 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

Bedrooms4
Bathrooms3
Square feet2,152
Property typeSingle Family
MLS #6936300
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)
$2,556/mo
Source est. payment (PITI)
$2,978/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$52,637

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

$0$52,637
Additional funds needed$0

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