Properties / 18813 N RAVELLO Road
VA ASSUMABLERate: 3.07%

18813 N RAVELLO Road

$390,000
Maricopa, AZ 85138
3 beds3 baths2,052 sqftSingle Family
The assumable advantage
3.07%
VA assumed rate
$56,288 interest already paid off
Estimated Loan Balance$368,749
Cash to close$24,401
Est. Monthly PITI$2,076
Initial Loan Amount$406,220
Time on site50 days
Remaining Term25 years, 4 months
Seller's equity (what you pay)
$21,251
Cash or secondary financing
Monthly savings
$553
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Seller is offering concessions for a 2-1 buydown! Move-in ready and beautifully maintained home in Rancho Mirage featuring modern finishes, an open-concept layout, and a spacious backyard with endless potential! This single-level home offers a stylish kitchen with rich espresso cabinetry, quartz countertops, subway tile backsplash, stainless steel appliances, and a large island overlooking the living and dining spaces. Neutral wood-look tile flooring and recessed lighting flow throughout the main living areas. Step outside to an oversized backyard designed for low-maintenance Arizona living with artificial turf, extended gravel landscaping, and plenty of room to add a pool, create an outdoor entertaining space, or customize to fit your lifestyle

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 $21,251. 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 feet2,052
Property typeSingle Family
MLS #7028009
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)
$1,747/mo
Source est. payment (PITI)
$2,076/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$21,251

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

$0$21,251
Additional funds needed$0

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