Properties / 2199 W CONGRESS Avenue
VA ASSUMABLERate: 2.81%

2199 W CONGRESS Avenue

$380,000
Coolidge, AZ 85128
5 beds4 baths3,901 sqftSingle Family
The assumable advantage
2.81%
VA assumed rate
$26,021 interest already paid off
Estimated Loan Balance$146,669
Cash to close$234,719
Est. Monthly PITI$944
Initial Loan Amount$167,486
Time on site50 days
Remaining Term24 years, 2 months
Seller's equity (what you pay)
$233,331
Cash or secondary financing
Monthly savings
$1,544
Versus today's market rate
Est. savings per year
$19K
Versus today's market rate

About this home

VA assumable loan available at an incredible fixed 2.299% interest rate for qualified buyers! Huge price improvement! This energy-efficient 5-bedroom home offers the space, flexibility, and upgrades today's buyers are looking for. The thoughtfully designed floor plan includes a private first-floor bedroom and full bathroom with a walk-in shower, making it ideal for multigenerational living, extended guests, or a dedicated home office. The open-concept main level features easy-care tile flooring throughout, while fresh carpet upstairs adds a clean, updated feel. The spacious primary suite offers a large walk-in closet and dual-sink vanity, complemented by four additional bedrooms, three full bathrooms, and an oversized loft that's perfect for a media room, game room, homework space, or second living area. system upgrades provide peace of mind, including two newer HVAC systems--one just three years old and the other only two years old. A Paragon whole-home water treatment system, custom shutters, and fresh interior paint add even more value. One of the home's biggest advantages is its prepaid solar system, currently generating APS bill credits and keeping average monthly electric costs at approximately $25. The low-maintenance backyard features mature fruit trees and a like-new storage shed, while the three-car garage offers plenty of room for vehicles, storage, a workshop, or home gym. With a rare low-interest assumable VA mortgage, exceptional energy savings, flexible living spaces, and numerous recent upgrades, this home delivers outstanding value for buyers seeking both comfort and long-term affordability.

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 $233,331. 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

Bedrooms5
Bathrooms4
Square feet3,901
Property typeSingle Family
MLS #7024792
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)
$697/mo
Source est. payment (PITI)
$944/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$233,331

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

$0$233,331
Additional funds needed$0

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