Properties / 11518 W PALM BROOK Drive
VA ASSUMABLERate: 3.26%

11518 W PALM BROOK Drive

$455,000
Avondale, AZ 85392
3 beds2 baths2,009 sqftSingle Family
The assumable advantage
3.26%
VA assumed rate
$47,423 interest already paid off
Estimated Loan Balance$219,186
Cash to close$236,316
Est. Monthly PITI$1,482
Initial Loan Amount$252,024
Time on site17 days
Remaining Term23 years, 10 months
Seller's equity (what you pay)
$235,814
Cash or secondary financing
Monthly savings
$1,580
Versus today's market rate
Est. savings per year
$19K
Versus today's market rate

About this home

Welcome to your move-in ready oasis! This beautiful 1-story single-family home perfectly blends comfort, style, and functionality. Boasting 3 spacious bedrooms, 2 bathrooms and a dedicated den/office, this layout offers the ultimate flexibility for remote work or a growing family. Step inside to a light and bright interior, freshly painted throughout in a modern, neutral palette. Every room features updated ceiling fans to keep the home comfortable year-round. The open layout flows seamlessly, creating an inviting atmosphere that is perfect for everyday living. The real showstopper is the backyard paradise. Jump into your sparkling pool, featuring PebbleTec surfacing and decking fully redone in 2023. Whether you are hosting weekend barbecues or enjoying a quiet evening swim, this out outdoor space is built for relaxation. Situated in a fantastic, family-friendly neighborhood, this exceptionally clean, turnkey home is ready for its next chapter. Don't miss your chance to make it your own!

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 $235,814. 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 feet2,009
Property typeSingle Family
MLS #7070941
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)
$1,103/mo
Source est. payment (PITI)
$1,482/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$235,814

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

$0$235,814
Additional funds needed$0

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