Properties / 7264 N 128TH Avenue
VA ASSUMABLERate: 2.5%

7264 N 128TH Avenue

$415,000
Glendale, AZ 85307
5 beds3 baths2,272 sqftSingle Family
The assumable advantage
2.5%
VA assumed rate
$46,300 interest already paid off
Estimated Loan Balance$353,258
Cash to close$67,250
Est. Monthly PITI$1,846
Initial Loan Amount$392,950
Time on site50 days
Remaining Term25 years, 1 month
Seller's equity (what you pay)
$61,742
Cash or secondary financing
Monthly savings
$866
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

INVESTORS WELCOMED 5-bed, 3-bath home! VA Assumable loan 2.5%. A great open floor plan paired with recessed lighting, wood-look tile flooring, and neutral paint throughout. 1st floor bedroom & Full Bath. The Kitchen displays white 42inch cabinetry with crown molding, stainless steel appliances, Quartz counters, subway tile backsplash, and a center island with a breakfast bar. The flexible loft is ideal for a TV or entertainment area. The expansive main bedroom has plush carpet in all the right places, an ensuite with dual sinks, and a walk-in closet. The private backyard includes a covered patio, pavers and artificial turf. Needs new carpet, paint and a deep clean

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 $61,742. 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
Bathrooms3
Square feet2,272
Property typeSingle Family
MLS #7016901
CountyMaricopa County
Assumable loanVA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$1,581/mo
Source est. payment (PITI)
$1,846/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$61,742

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

$0$61,742
Additional funds needed$0

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