Properties / 28920 N 201ST Avenue
VA ASSUMABLERate: 3.77%

28920 N 201ST Avenue

$569,900
Wittmann, AZ 85361
4 beds2 baths2,617 sqftSingle Family
The assumable advantage
3.77%
VA assumed rate
$108,711 interest already paid off
Estimated Loan Balance$263,383
Cash to close$307,224
Est. Monthly PITI$1,890
Initial Loan Amount$330,560
Time on site36 days
Remaining Term20 years, 5 months
Seller's equity (what you pay)
$306,517
Cash or secondary financing
Monthly savings
$1,818
Versus today's market rate
Est. savings per year
$22K
Versus today's market rate

About this home

ASSUMABLE 4.25% LOAN....Freshly Updated & Move-In Ready! Experience the freedom of Arizona country living on over an acre of fully fenced property with room for RVs, toys, a future pool, workshop, or outdoor oasis. This beautifully maintained 4-bedroom home features new interior and exterior paint, brand new carpet, an open great room, abundant natural light, plantation shutters, and a gourmet kitchen with granite countertops, stainless appliances, a large island, and pantry. Unwind in the spacious primary suite with a spa-inspired bath and private backyard access. Enjoy mountain views, an oversized covered patio, a 3-car garage, and the privacy you've been looking for - all while remaining within easy reach of Valley conveniences.

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 $306,517. 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
Bathrooms2
Square feet2,617
Property typeSingle Family
MLS #7051858
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)
$1,543/mo
Source est. payment (PITI)
$1,890/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$306,517

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

$0$306,517
Additional funds needed$0

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