Properties / 15918 S 11TH Way
VA ASSUMABLERate: 7.06%

15918 S 11TH Way

$629,500
Phoenix, AZ 85048
4 beds3 baths2,451 sqftSingle Family
The assumable advantage
7.06%
VA assumed rate
$93,202 interest already paid off
Estimated Loan Balance$605,838
Cash to close$26,483
Est. Monthly PITI$4,562
Initial Loan Amount$615,835
Time on site50 days
Remaining Term27 years, 11 months
Seller's equity (what you pay)
$23,662
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

TONS of upgrades!! Beautifully upgraded home in the GATED Rosewood Village community, ideally located in the Foothills with stunning MOUNTAIN VIEWS. Floor plan includes a full bedroom AND bath on the main level. Wood-look tile flooring, upgraded lighting, and custom window coverings throughout. Spacious kitchen offers abundant storage, stainless steel appliances, and a large island that opens to the dining area and great room with built-in entertainment center. Primary suite includes a HUGE walk-in closet and a luxurious walk-in shower. Secondary bedrooms ALL feature walk-in closets, and the upstairs bath has been recently remodeled. Resort-style backyard with travertine pavers, built-in BBQ, and gas fire pit--perfect for entertaining. Additional upgrades include a NEWER ROOF (2 years) recent interior paint, updated garage door springs, and overhead garage storage. Enjoy a private community pool exclusive to residents.

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 $23,662. 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 feet2,451
Property typeSingle Family
MLS #7010532
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)
$4,145/mo
Source est. payment (PITI)
$4,562/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$23,662

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

$0$23,662
Additional funds needed$0

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