Properties / 25959 N 162ND Drive
VA ASSUMABLERate: 6.78%

25959 N 162ND Drive

$479,900
Surprise, AZ 85387
2 beds2 baths1,899 sqftSingle Family
The assumable advantage
6.78%
VA assumed rate
$39,217 interest already paid off
Estimated Loan Balance$344,341
Cash to close$135,891
Est. Monthly PITI$2,573
Initial Loan Amount$350,000
Time on site21 days
Remaining Term28 years, 4 months
Seller's equity (what you pay)
$135,559
Cash or secondary financing
Monthly savings
$549
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

Welcome to this beautifully maintained 2018-built home offering modern style, energy efficiency, and exceptional indoor-outdoor living. The open kitchen and living room create an inviting space for everyday living and entertaining. The chef's kitchen features a stylish backsplash and gas range. Enjoy plank tile flooring throughout the main living areas, with carpet in the bedrooms and flex room. Additional highlights include paid-off solar, a 3-car tandem garage, and a spacious laundry room with a sink. Step outside to the massive backyard featuring a sparkling pool with Baja shelf, paver patio, and additional flex space behind the pool--perfect for entertaining, relaxing, or creating your own outdoor retreat.

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 $135,559. 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

Bedrooms2
Bathrooms2
Square feet1,899
Property typeSingle Family
MLS #7069729
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)
$2,281/mo
Source est. payment (PITI)
$2,573/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$135,559

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

$0$135,559
Additional funds needed$0

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