Properties / 3706 W TONOPAH Drive
VA ASSUMABLERate: 3.02%

3706 W TONOPAH Drive

$449,900
Glendale, AZ 85308
3 beds2 baths1,567 sqftSingle Family
The assumable advantage
3.02%
VA assumed rate
$47,347 interest already paid off
Estimated Loan Balance$290,587
Cash to close$159,313
Est. Monthly PITI$1,665
Initial Loan Amount$326,000
Time on site7 days
Remaining Term25 years
Seller's equity (what you pay)
$159,313
Cash or secondary financing
Monthly savings
$1,272
Versus today's market rate
Est. savings per year
$15K
Versus today's market rate

About this home

MOVE-IN READY single-story home on a LARGE LOT. Major updates include a NEW ROOF, A/C is few years old, NEW CARPET, and FRESH INTERIOR PAINT. The bright, open floor plan features vaulted ceilings, abundant natural light, tile and wood-look flooring, and spacious living and dining areas. The kitchen offers built-in appliances, plenty of cabinetry, a breakfast bar, desk area, and breakfast nook with a bay window. The primary suite includes a walk-in closet and private bath with a step-in shower. Washer and dryer included! Outside, enjoy a spacious backyard with a covered patio and plenty of room, including the potential to add an RV gate. With the big-ticket updates already completed, this home is ready for its next owner. Come see it today!

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 $159,313. 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 feet1,567
Property typeSingle Family
MLS #7076138
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)
$1,381/mo
Source est. payment (PITI)
$1,665/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$159,313

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

$0$159,313
Additional funds needed$0

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