Properties / 11653 W ANDREW Lane
VA ASSUMABLERate: 3.21%

11653 W ANDREW Lane

$750,000
Peoria, AZ 85383
4 beds3 baths2,510 sqftSingle Family
The assumable advantage
3.21%
VA assumed rate
$103,358 interest already paid off
Estimated Loan Balance$682,266
Cash to close$70,583
Est. Monthly PITI$3,720
Initial Loan Amount$750,000
Time on site37 days
Remaining Term25 years, 6 months
Seller's equity (what you pay)
$67,734
Cash or secondary financing
Monthly savings
$1,155
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

Welcome home to elegant living with breathtaking mountain views! This stunning residence boasts soaring 8' doors throughout and a chef's dream kitchen: wall oven, GE Profile 5-burner gas cooktop, convection microwave, quartz counters, custom tile backsplash, massive island with breakfast bar, and double walk-in pantries. The office/den, is the 4th bedroom with closet already in place. The Flex room is perfect for a work our space. The primary suite impresses with dual vanities, a luxury walk-in shower, an expansive closet, and private backyard access. 2 bedrooms feature walk-in closet, and the hall bath offers double sinks. the Solar is owned and paid off. lvl 2 EV charger. Primary Ste has external door to a turfed backyard backing to 300+ feet of open space prime for unforgettable sunsets

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 $67,734. 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 feet2,510
Property typeSingle Family
MLS #7061501
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)
$3,268/mo
Source est. payment (PITI)
$3,720/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$67,734

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

$0$67,734
Additional funds needed$0

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