Properties / 26044 N DESERT MESA Drive
VA ASSUMABLERate: 6.5%

26044 N DESERT MESA Drive

$595,000
Surprise, AZ 85387
6 beds4 baths3,803 sqftSingle Family
The assumable advantage
6.5%
VA assumed rate
$49,458 interest already paid off
Estimated Loan Balance$430,982
Cash to close$164,457
Est. Monthly PITI$3,149
Initial Loan Amount$438,900
Time on site50 days
Remaining Term28 years, 3 months
Seller's equity (what you pay)
$164,018
Cash or secondary financing
Monthly savings
$729
Versus today's market rate
Est. savings per year
$9K
Versus today's market rate

About this home

HUGE Price Reduction! Your new home is here! Showcasing great curb appeal, charming front porch w/elegant iron entry door, & 3-car garage. The thoughtfully designed split floor plan offers custom paint, plantation shutters, & stylish blend of tile, wood-look, & carpet floors. You'll love the formal living & dining rooms & spacious family room! The eat-in kitchen includes plethora of cabinetry, SS appliances, granite counters, center island, & butler's service area. Upstairs, a fantastic loft offers a versatile area! The large main bedroom provides a well-appointed ensuite w/2 walk-in closets dual sink vanity, & separate tub/shower. A bedroom & full bathroom downstairs add flexibility for guests! The backyard has covered patio, beautiful paver accents, a mature tree, & sparkling blue pool!

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 $164,018. 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

Bedrooms6
Bathrooms4
Square feet3,803
Property typeSingle Family
MLS #6993701
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)
$2,780/mo
Source est. payment (PITI)
$3,149/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$164,018

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

$0$164,018
Additional funds needed$0

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