Properties / 33583 N Bowles Drive
VA ASSUMABLERate: 7.07%

33583 N Bowles Drive

$515,000
San Tan Valley, AZ 85144
5 beds3 baths2,722 sqftSingle Family
The assumable advantage
7.07%
VA assumed rate
$80,172 interest already paid off
Estimated Loan Balance$394,083
Cash to close$120,917
Est. Monthly PITI$3,032
Initial Loan Amount$406,000
Time on site4 days
Remaining Term27 years, 2 months
Seller's equity (what you pay)
$120,917
Cash or secondary financing
Monthly savings
$314
Versus today's market rate
Est. savings per year
$4K
Versus today's market rate

About this home

Set on a desirable corner lot in the sought-after San Tan Heights community, this 2018-built home delivers an impressive combination of space, style, and Arizona outdoor living. With a spacious floor plan and attractive finishes throughout, there is plenty of room to spread out while still enjoying a comfortable, inviting atmosphere. Step outside and the setting becomes even more special. The extended paver patio creates an ideal area for outdoor dining, lounging, and entertaining, while the sparkling private pool offers a refreshing escape during warm Arizona days. Best of all, there is no neighbor directly behind the home, creating an enhanced sense of privacy along with beautiful mountain views that provide a stunning backdrop. Life in San Tan Heights adds another layer of appeal. The master-planned community features miles of walking and biking trails, neighborhood parks and playgrounds, greenbelts, basketball and sand volleyball courts, and a community center with a resort-style pool and fitness amenities. The community's location near the San Tan Mountains also puts outdoor recreation and scenic desert landscapes close to home. With its corner-lot location, generous living space, private pool, extended patio, mountain views, and highly desirable community setting, this home offers the kind of Arizona lifestyle that is easy to enjoy year-round.

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 $120,917. 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
Bathrooms3
Square feet2,722
Property typeSingle Family
MLS #7076944
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)
$2,723/mo
Source est. payment (PITI)
$3,032/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$120,917

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

$0$120,917
Additional funds needed$0

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