Properties / 3771 E ELMINGTON Circle
VA ASSUMABLERate: 6.99%

3771 E ELMINGTON Circle

$409,000
San Tan Valley, AZ 85140
3 beds2 baths1,413 sqftSingle Family
The assumable advantage
6.99%
VA assumed rate
$63,119 interest already paid off
Estimated Loan Balance$399,202
Cash to close$12,064
Est. Monthly PITI$2,946
Initial Loan Amount$405,879
Time on site50 days
Remaining Term27 years, 10 months
Seller's equity (what you pay)
$9,798
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

Set on a quiet cul-de-sac, this beautifully updated single-level home offers a comfortable layout, modern finishes, and the easy Arizona lifestyle buyers are looking for. The home features 3 spacious bedrooms and 2 bathrooms, along with updated flooring, fresh interior paint, and a newer AC system that add to its clean, move-in-ready appeal. Vaulted ceilings give the main living area an open, airy feel, while the great room flows naturally into the kitchen. A large center island provides plenty of workspace and gathering space, complemented by sleek stainless steel appliances that make the kitchen equally suited for everyday living or entertaining. Outside, the backyard is designed to enjoy Arizona living year-round. A covered patio and ramada provide welcome shade,while the sparklin pool creates the perfect setting for relaxing weekends, summer get-togethers, and evenings outdoors. Located in the growing San Tan Valley area, the home is just minutes from shopping, dining, parks, and everyday conveniences along the Gantzel corridor and nearby Queen Creek. With newer amenities, outdoor recreation nearby, and a strong sense of community, this location continues to appeal to homeowners looking for space, value, and lifestyle.

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 $9,798. 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 feet1,413
Property typeSingle Family
MLS #6994395
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)
$2,716/mo
Source est. payment (PITI)
$2,946/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$9,798

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

$0$9,798
Additional funds needed$0

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