Properties / 5339 E HOPI Avenue
VA ASSUMABLERate: 5.62%

5339 E HOPI Avenue

$464,000
Mesa, AZ 85206
3 beds3 baths1,899 sqftSingle Family
The assumable advantage
5.62%
VA assumed rate
$36,007 interest already paid off
Estimated Loan Balance$448,682
Cash to close$15,842
Est. Monthly PITI$2,937
Initial Loan Amount$456,250
Time on site26 days
Remaining Term28 years, 7 months
Seller's equity (what you pay)
$15,318
Cash or secondary financing
Monthly savings
$105
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

REMODELED • GATED SAN MICHELLE COMMUNITY • ASSUMABLE VA LOAN! Interior features HIGH CEILINGS, WOOD-LOOK FLOORING, PLANTATION SHUTTERS, ceiling fans, SURROUND SOUND, and an OPEN GREAT-ROOM DESIGN. The REMODELED KITCHEN features QUARTZ COUNTERTOPS, WHITE CABINETRY, TILE BACKSPLASH, STAINLESS-STEEL APPLIANCES, recessed lighting, pantry, and a TWO-TIER ISLAND with breakfast bar. The spacious PRIMARY SUITE offers DUAL SINKS and PRIVATE BALCONY ACCESS. Enjoy the LOW-MAINTENANCE BACKYARD with COVERED PATIO or cool off at the COMMUNITY POOL. Convenient to US-60, SHOPPING, DINING, PARKS, SCHOOLS, and HOSPITAL. VA loan may be assumable at approximately 5.62%, offering significant potential savings. VETERAN STATUS NOT REQUIRED TO APPLY. Buyer qualification and lender/servicer approval required.

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 $15,318. 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

Bedrooms3
Bathrooms3
Square feet1,899
Property typeSingle Family
MLS #7067448
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)
$2,631/mo
Source est. payment (PITI)
$2,937/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$15,318

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

$0$15,318
Additional funds needed$0

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