Properties / 310 N MOGOLLON Trail
VA ASSUMABLERate: 3.65%

310 N MOGOLLON Trail

$499,900
Payson, AZ 85541
3 beds2 baths1,600 sqftSingle Family
The assumable advantage
3.65%
VA assumed rate
$51,927 interest already paid off
Estimated Loan Balance$208,616
Cash to close$290,825
Est. Monthly PITI$1,454
Initial Loan Amount$239,491
Time on site0 days
Remaining Term23 years, 9 months
Seller's equity (what you pay)
$291,284
Cash or secondary financing
Monthly savings
$1,852
Versus today's market rate
Est. savings per year
$22K
Versus today's market rate

About this home

Welcome to this well-maintained three-bedroom, two-bath home in Trailwood, a desirable community in the heart of Payson. Offering approximately 1,600 square feet, the home features a spacious living and dining area with vaulted ceilings and a cozy gas fireplace. The updated kitchen includes all appliances and a convenient pass-through that keeps you connected with guests while cooking and entertaining. The primary suite features a vaulted ceiling, a generous walk-in closet with built-in storage, and a beautifully remodeled en-suite bathroom with dual vanities and a spacious walk-in shower. An adjoining private retreat provides versatile bonus space for a home office, reading nook, or hobby area. Two additional bedrooms, a guest bathroom, and a laundry room with a utility sink complete the interior. The oversized two-car garage includes a workbench and additional storage. Outside, the covered patio opens to a spacious yard with mature pine trees, multiple sitting areas, low-maintenance artificial turf perfect for pets or play, an RV gate, and a storage shed. An existing 220-volt electrical connection offers the option to add a spa and create your own relaxing backyard retreat.

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 $291,284. 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 feet1,600
Property typeSingle Family
MLS #7078801
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)
$1,096/mo
Source est. payment (PITI)
$1,454/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$291,284

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

$0$291,284
Additional funds needed$0

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