Properties / 16322 N 171ST Drive
VA ASSUMABLERate: 6.81%

16322 N 171ST Drive

$499,999
Surprise, AZ 85388
4 beds3 baths2,839 sqftSingle Family
The assumable advantage
6.81%
VA assumed rate
$33,210 interest already paid off
Estimated Loan Balance$485,722
Cash to close$14,718
Est. Monthly PITI$3,548
Initial Loan Amount$490,000
Time on site9 days
Remaining Term29 years
Seller's equity (what you pay)
$14,277
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Stylishly remodeled and energy-efficient, this stunning 4-bed, 2.5-bath two-story home offers comfort and entertaining space! Featuring leased solar, a versatile upstairs loft, and brand-new carpet upstairs, this home is move-in ready. Downstairs, enjoy a formal living room with elegant coffered ceilings, a formal dining area, and an open-concept kitchen complete with a large island, eat-in dining space, stainless steel appliances, ample cabinetry, and seamless flow into the family room. The split upstairs primary suite includes a full bath for a private retreat. Step outside to your backyard oasis with a sparkling gated pool, covered patio, and built-in misters--perfect for relaxing year-round. Refrigerator, washer, and dryer all convey, making this exceptional home even more turnkey!

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 $14,277. 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 feet2,839
Property typeSingle Family
MLS #7074724
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)
$3,204/mo
Source est. payment (PITI)
$3,548/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$14,277

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

$0$14,277
Additional funds needed$0

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