Properties / 8137 E INDIAN SCHOOL Road
VA ASSUMABLERate: 2.96%

8137 E INDIAN SCHOOL Road

$669,900
Scottsdale, AZ 85251
3 beds2 baths1,769 sqftSingle Family
The assumable advantage
2.96%
VA assumed rate
$79,201 interest already paid off
Estimated Loan Balance$489,261
Cash to close$182,827
Est. Monthly PITI$2,566
Initial Loan Amount$548,250
Time on site50 days
Remaining Term24 years, 11 months
Seller's equity (what you pay)
$180,639
Cash or secondary financing
Monthly savings
$1,636
Versus today's market rate
Est. savings per year
$20K
Versus today's market rate

About this home

UPDATED, WELL-KEPT, AND NO HOA IN A PRIME SCOTTSDALE LOCATION! Timeless charm meets modern updates in this beautifully maintained 3-bed, 2-bath home, perfect for your next home or a fantastic investment opportunity. Step inside to a bright, open-concept floor plan filled with natural light, creating a warm and inviting atmosphere for everyday living. The spacious primary suite features a walk-in closet and a private full bathroom. Outside, enjoy a private, low-maintenance backyard with synthetic grass and attractive landscaping--simply enjoy Arizona's beautiful weather. Located just minutes from Old Town Scottsdale and other top attractions, this move-in-ready home offers an unbeatable combination of location, value, and lifestyle. Don't miss this exceptional opportunity!

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 $180,639. 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
Bathrooms2
Square feet1,769
Property typeSingle Family
MLS #7048094
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)
$2,315/mo
Source est. payment (PITI)
$2,566/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$180,639

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

$0$180,639
Additional funds needed$0

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