Properties / 23765 N 162ND Drive
VA ASSUMABLERate: 6.82%

23765 N 162ND Drive

$439,000
Surprise, AZ 85387
4 beds3 baths2,342 sqftSingle Family
The assumable advantage
6.82%
VA assumed rate
$78,922 interest already paid off
Estimated Loan Balance$491,071
Cash to close$0
Est. Monthly PITI$3,577
Initial Loan Amount$502,000
Time on site50 days
Remaining Term27 years, 9 months
Seller's equity (what you pay)
$0
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

NO NEED WAIT to build when you can purchase this BEAUTIFUL HOME on a PREMIUM CORNER LOT*This HIGHLY DESIRABLE ESCALANTE location offers PICKLEBALL, PARKS, PLAY AREAS, and both LAP POOL and SPLASH POOL sections for GREAT FUN and ENTERTAINMENT*FANTASTIC FLOOR PLAN includes BED and FULL BATH downstairs and a LOFT upstairs*Your GOURMET KITCHEN includes GAS COOKTOP, wall oven, SHAKER CABINETS, island, GRANITE COUNTERS, WALK-IN PANTRY, and breakfast bar*NICE FLOW of NATURAL LIGHT from the extended ATRIUM DOOR*Interior 8-FOOT DOORS throughout*ENERGY STAR EFFICIENCY*You will APPRECIATE the premium CORNER LOT*CLOSE TO SHOPPING, RESTAURANTS, FREEWAYS, but still tucked away in this COMMUNITY*This is a place you will want to call HOME

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 $0. 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

Bedrooms4
Bathrooms3
Square feet2,342
Property typeSingle Family
MLS #7054146
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)
$3,289/mo
Source est. payment (PITI)
$3,577/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.