Properties / 13041 W ESTERO Lane
VA ASSUMABLERate: 2.25%

13041 W ESTERO Lane

$505,000
Litchfield Park, AZ 85340
5 beds2 baths2,684 sqftSingle Family
The assumable advantage
2.25%
VA assumed rate
$38,468 interest already paid off
Estimated Loan Balance$284,599
Cash to close$226,234
Est. Monthly PITI$1,570
Initial Loan Amount$323,729
Time on site50 days
Remaining Term24 years, 5 months
Seller's equity (what you pay)
$220,401
Cash or secondary financing
Monthly savings
$1,715
Versus today's market rate
Est. savings per year
$21K
Versus today's market rate

About this home

Finally, the neighborhood you wanted at a payment you can afford! Desirable Wigwam Creek South. VA Assumption at 2.25%. 5 bedrooms, 2 bathrooms, & a thoughtfully designed open-concept floor plan. Major updates provide exceptional value, including two new Trane XR14 HVAC systems installed in 2024 & an impressive 18.615 kW solar system w/ 51 panels & dual inverters. The sellers have had virtually no electric bills for the past six months, resulting in significant energy savings. The kitchen features stainless steel appliances, soft-close cabinetry, and upgraded fixtures. Fresh interior paint, tile in all the right places, epoxy garage flooring, RO system, Gas oven, whole-house 3-stage water filtration system, updated ceiling fans, mature shade trees, & low-maintenance artificial turf.

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 $220,401. 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

Bedrooms5
Bathrooms2
Square feet2,684
Property typeSingle Family
MLS #7035856
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)
$1,263/mo
Source est. payment (PITI)
$1,570/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$220,401

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

$0$220,401
Additional funds needed$0

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