Properties / 14851 S RORY CALHOUN Drive
VA ASSUMABLERate: 4.03%

14851 S RORY CALHOUN Drive

$269,000
Arizona City, AZ 85123
3 beds2 baths1,420 sqftSingle Family
The assumable advantage
4.03%
VA assumed rate
$23,482 interest already paid off
Estimated Loan Balance$53,314
Cash to close$215,686
Est. Monthly PITI$498
Initial Loan Amount$66,531
Time on site10 days
Remaining Term20 years, 5 months
Seller's equity (what you pay)
$215,686
Cash or secondary financing
Monthly savings
$1,266
Versus today's market rate
Est. savings per year
$15K
Versus today's market rate

About this home

Great 3-bedroom, 2 bath home on a quiet street near the golf course. Split bedroom and large open kitchen with lots of cabinets and counter space are just some of the features of this home. A Large, covered patio and nice landscaping are outside features. The 2-car garage has a door opener and deep sink, plus there is another storage shed for additional space. Another advantage is it already has a solar system by Sunrun with 18 panels producing 5.04 kw at peak. It is halfway through its 20-year lease and currently at $105/month. Put this home on your ''must see'' list!

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 $215,686. 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 feet1,420
Property typeSingle Family
MLS #7073770
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)
$320/mo
Source est. payment (PITI)
$498/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$215,686

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

$0$215,686
Additional funds needed$0

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