Properties / 1281 S DELAWARE Drive
VA ASSUMABLERate: 7.06%

1281 S DELAWARE Drive

$269,900
Apache Junction, AZ 85120
2 beds2 baths1,060 sqftSingle Family
The assumable advantage
7.06%
VA assumed rate
$42,633 interest already paid off
Estimated Loan Balance$276,097
Cash to close$0
Est. Monthly PITI$2,113
Initial Loan Amount$281,699
Time on site50 days
Remaining Term27 years, 10 months
Seller's equity (what you pay)
$0
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

NEW ROOF! NEW WINDOWS! NEW FLOORING! Don't miss this incredible opportunity to own a move-in-ready home in the highly desirable Apache Villa 55+ community! Situated on a spacious corner lot with convenient RV access, this well-maintained single-level home offers endless possibilities. Fresh interior paint creates a bright, welcoming feel, while the brand-new rear carport and oversized storage shed provide exceptional functionality and value. Built with durable block construction, this home features central air, tile flooring, and a desirable split floor plan perfect for year-round living, a winter retreat, or an investment opportunity. With ample space for RVs, trailers, hobbies, or future expansion, this property offers flexibility that's hard to find. Enjoy the Apache Villa amenities!

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 $0. 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 feet1,060
Property typeSingle Family
MLS #7056410
CountyMaricopa County
Assumable loanVA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$1,891/mo
Source est. payment (PITI)
$2,113/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.