Properties / 10509 W OAK RIDGE Drive
VA ASSUMABLERate: 6.76%

10509 W OAK RIDGE Drive

$291,100
Sun City, AZ 85351
2 beds2 baths1,158 sqftSingle Family
The assumable advantage
6.76%
VA assumed rate
$25,339 interest already paid off
Estimated Loan Balance$280,506
Cash to close$11,632
Est. Monthly PITI$2,073
Initial Loan Amount$283,000
Time on site50 days
Remaining Term28 years, 9 months
Seller's equity (what you pay)
$10,594
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

2-bedroom, 2-bath home offers 1,152 sq. ft. of comfortable living space, no HOA fee and is priced to sell at $294,100. Home Features You'll Love: Updated kitchen with modern cabinets and clean, bright finishes Spacious living areas filled with natural light Brand new windows for energy efficiency and comfort Recently updated appliances: washer, dryer, and dishwasher (only 1 year old!) A/C unit just 4 years old for peace of mind 2-car garage with extra storage space and convenient golf cart ramp 🌿 Outdoor Living: Covered patio--perfect for relaxing or entertaining Large backyard with plenty of space to enjoy Arizona's beautiful weather 🏌️♂️ Unmatched Community Amenities: Access to 8 recreation centers 8 golf courses just minutes away Endless opportunities for social activities, fitness, and fun!

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 $10,594. 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 feet1,158
Property typeSingle Family
MLS #7020838
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)
$1,846/mo
Source est. payment (PITI)
$2,073/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$10,594

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

$0$10,594
Additional funds needed$0

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