Properties / 11850 S HALF MOON Drive
VA ASSUMABLERate: 2.84%

11850 S HALF MOON Drive

$500,000
Phoenix, AZ 85044
3 beds2 baths2,326 sqftSingle Family
The assumable advantage
2.84%
VA assumed rate
$29,396 interest already paid off
Estimated Loan Balance$169,880
Cash to close$330,120
Est. Monthly PITI$1,161
Initial Loan Amount$194,790
Time on site1 day
Remaining Term24 years, 4 months
Seller's equity (what you pay)
$330,120
Cash or secondary financing
Monthly savings
$2,143
Versus today's market rate
Est. savings per year
$26K
Versus today's market rate

About this home

The view sets the stage. The home completes the story. A special golf course residence in Ahwatukee's active adult community, where mountain views, open skies and a relaxed Arizona lifestyle come together. Great curb appeal makes an immediate impression as you arrive. Step inside to formal living and dining spaces that flow naturally into the spacious kitchen, featuring granite countertops, timeless maple cabinetry, stainless steel appliances and a generous breakfast bar with plenty of seating. The kitchen opens to the inviting family room, where a charming white brick fireplace adds warmth and character. In addition to three bedrooms and two bathrooms, the home features a private office--with double doors and a dry bar--that could easily be converted into a fourth bedroom. A large Arizona room provides even more functional living space and the perfect spot to relax and enjoy the setting year-round. The spacious primary suite includes a bath with dual sinks and a walk-in shower, while two additional bedrooms share a full guest bath. Neutral flooring and paint throughout create a light, easy backdrop ready for your personal style. And then there is the view. The backyard overlooks the golf course with beautiful mountain views beyond--a quintessential Ahwatukee setting that makes mornings, evenings and everything in between feel a little more special. The big-ticket updates are already done, including a new roof in 2021, Trane HVAC system in 2023 and replacement dual-pane energy-efficient windows. A two-car garage with built-in cabinetry adds plenty of practical storage. What's left to do? Move in and enjoy it. Life in Ahwatukee's active adult community is about so much more than the home. The Ahwatukee Recreation Center offers a wonderful lineup of amenities, activities, fitness and social opportunities, making it easy to stay active, meet neighbors and enjoy the community around you. Add in golf course living, mountain views and everything Ahwatukee has to offer, and this is Arizona living at its best.

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 $330,120. 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 feet2,326
Property typeSingle Family
MLS #7071361
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)
$806/mo
Source est. payment (PITI)
$1,161/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$330,120

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

$0$330,120
Additional funds needed$0

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