Properties / 18458 N SMITH Drive
VA ASSUMABLERate: 3.9%

18458 N SMITH Drive

$335,000
Maricopa, AZ 85139
4 beds3 baths1,893 sqftSingle Family
The assumable advantage
3.9%
VA assumed rate
$54,896 interest already paid off
Estimated Loan Balance$138,626
Cash to close$197,079
Est. Monthly PITI$1,112
Initial Loan Amount$170,146
Time on site50 days
Remaining Term20 years, 11 months
Seller's equity (what you pay)
$196,374
Cash or secondary financing
Monthly savings
$1,167
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

Welcome to this beautiful 4-bedroom, 3-bathroom home in the desirable Maricopa Meadows community! Featuring a spacious and bright open layout, this move-in-ready property offers plenty of room for family and guests. The highlight is the private backyard oasis, complete with a sparkling pool and a covered patio perfect for outdoor entertaining. Plus, enjoy lower energy costs with the home's solar panels. Located just minutes from community lakes, parks, and local schools, this property perfectly combines comfort, convenience, and the ideal Arizona lifestyle.

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 $196,374. 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
Bathrooms3
Square feet1,893
Property typeSingle Family
MLS #7053592
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)
$809/mo
Source est. payment (PITI)
$1,112/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$196,374

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

$0$196,374
Additional funds needed$0

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