Properties / 17056 W RED BIRD Road
VA ASSUMABLERate: 5.25%

17056 W RED BIRD Road

$450,000
Surprise, AZ 85387
3 beds3 baths2,160 sqftSingle Family
The assumable advantage
5.25%
VA assumed rate
$45,564 interest already paid off
Estimated Loan Balance$431,777
Cash to close$22,244
Est. Monthly PITI$2,709
Initial Loan Amount$439,938
Time on site50 days
Remaining Term28 years
Seller's equity (what you pay)
$18,223
Cash or secondary financing
Monthly savings
$199
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

VA ASSUMABLE LOAN OPPORTUNITY at 5.25% | Move-In Ready in Surprise! Beautifully maintained 2023 corner-lot home offering an assumable VA loan opportunity at 5.25% for potential savings!!! (subject to lender approval & buyer qualification.) This MOVE-IN READY home blends style, privacy & convenience with a welcoming formal living area; the cozy family room flows seamlessly into the dining space & kitchen featuring rich dark cabinetry, quartz countertops, subway tile backsplash & center island with breakfast bar seating. The primary suite offers a spacious walk-in closet & ensuite with dual vanities, private toilet room & walk-in shower; the second full bath includes a double vanity & shower/tub combo. Enjoy the updated backyard with synthetic grass, block fencing & extra privacy with no direct rear neighbors. Located in a growing community with walking paths, playgrounds & parks, close to Desert Oasis Elementary with quick access to Loop 303 & AZ-60 for convenient commuting to Luke Air Force Base, Lake Pleasant, shopping, dining & entertainment. An EXCEPTIONAL opportunity for buyers seeking both modern style & financing flexibility!

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 $18,223. 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
Bathrooms3
Square feet2,160
Property typeSingle Family
MLS #7028079
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)
$2,455/mo
Source est. payment (PITI)
$2,709/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$18,223

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

$0$18,223
Additional funds needed$0

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