Properties / 18143 W Paraiso Drive
VA ASSUMABLERate: 7.19%

18143 W Paraiso Drive

$399,000
Surprise, AZ 85387
4 beds2 baths1,896 sqftSingle Family
The assumable advantage
7.19%
VA assumed rate
$86,445 interest already paid off
Estimated Loan Balance$395,881
Cash to close$4,285
Est. Monthly PITI$3,043
Initial Loan Amount$406,785
Time on site50 days
Remaining Term27 years, 1 month
Seller's equity (what you pay)
$3,119
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

Bright and Open single level home. Get a newer home with upgrades and a finished backyard with Turf front & back! This home has an inviting entry with beautiful ledgestone. Open layout kitchen with stone gray cabinets, backsplash, large Granite Island with breakfast bar, and walk in pantry. Open kitchen, dining and great room with lots of natural light. Two-tone paint, tile and LVP flooring throughout all bedrooms, No CARPET! Two sinks in hall bath, 9' ceilings, upgraded Brushed Nickel fixtures, 8' garage door. Expansive walk-in closet in primary bedroom, has tons of storage. Extended paver driveway for 3 car parking. Don't Miss this AMAZING Move-In Ready home!

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 $3,119. 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
Bathrooms2
Square feet1,896
Property typeSingle Family
MLS #7035100
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)
$2,769/mo
Source est. payment (PITI)
$3,043/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$3,119

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

$0$3,119
Additional funds needed$0

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