Properties / 16855 W ADAMS Street
VA ASSUMABLERate: 2.98%

16855 W ADAMS Street

$499,900
Goodyear, AZ 85338
5 beds4 baths2,874 sqftSingle Family
The assumable advantage
2.98%
VA assumed rate
$42,663 interest already paid off
Estimated Loan Balance$255,623
Cash to close$243,698
Est. Monthly PITI$1,576
Initial Loan Amount$288,925
Time on site1 day
Remaining Term24 years, 10 months
Seller's equity (what you pay)
$244,277
Cash or secondary financing
Monthly savings
$1,733
Versus today's market rate
Est. savings per year
$21K
Versus today's market rate

About this home

Spacious 5-bedroom, 3.5-bath home in desirable Canyon Trails offering nearly 2,900 sq ft of versatile living space! The first floor features the primary suite plus a den, while upstairs you'll find 4 additional bedrooms and a large loft. The open kitchen features stainless steel appliances, built-in cooktop and double ovens. Major bonus: NEW AC in 2025! Additional features include a 3-car tandem garage with built-in cabinets, Level 2 EV charger, owned whole-home water filtration system and living room wired for surround sound. Enjoy a covered patio and private block-walled backyard with plenty of room to entertain. Conveniently located near shopping, dining, Goodyear Recreation Campus, parks and trails, with easy access to I-10 and Loop 303.

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 $244,277. 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

Bedrooms5
Bathrooms4
Square feet2,874
Property typeSingle Family
MLS #7078032
CountyMaricopa County
Assumable loanVA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$1,215/mo
Source est. payment (PITI)
$1,576/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$244,277

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

$0$244,277
Additional funds needed$0

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