Properties / 20893 W MAIDEN Lane
VA ASSUMABLERate: 6.26%

20893 W MAIDEN Lane

$394,898
Buckeye, AZ 85396
3 beds3 baths2,212 sqftSingle Family
The assumable advantage
6.26%
VA assumed rate
$83,470 interest already paid off
Estimated Loan Balance$383,896
Cash to close$13,289
Est. Monthly PITI$2,863
Initial Loan Amount$398,340
Time on site50 days
Remaining Term26 years, 7 months
Seller's equity (what you pay)
$11,002
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

Energy Savings! Save up to 30% on energy bills with a fixed monthly cost $102.36 and no future increases. Immediate savings, predictable expenses, and protection from rising utility rates. A smart value-added feature to this home. A spacious front porch welcomes you to this stunning 3-bedroom, with a loft/den, 2.5-bath home, situated on a desirable corner lot in the heart of Verrado, surrounded by charming tree-lined streets and lush greenbelt. The main level features durable wood-look tile flooring and an open-concept great room perfect for entertaining. The kitchen has granite countertops, dark espresso cabinets, stainless steel appliances, pantry, tile backsplash, and an island equipped with USB outlets and dimmable pendant lighting. Upstairs, retreat to the expansive pr complete with a large L-shaped walk-in closet, dual vanities, a soaking jacuzzi tub, and a beautifully tiled spiral shower with built-in bench. Two additional bedrooms, a full guest bath, and convenient upstairs laundry complete the second floor. Enjoy outdoor living with a covered patio and generously sized paved side yard - perfect for relaxing or entertaining. Additional highlights include a rare 3-car garage with full driveway, newer gas water heater, soft water system, ceiling fans throughout, garage A/C unit, water softener, and low utility bills thanks to Tesla solar panels. Enjoy all that Verrado living has to offer: community pools, neighborhood parks, golf course, biking and hiking as well as neighborhood shopping and restaurants.

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 $11,002. 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 feet2,212
Property typeSingle Family
MLS #7009123
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)
$2,473/mo
Source est. payment (PITI)
$2,863/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$11,002

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

$0$11,002
Additional funds needed$0

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