Properties / 2087 E LIBRA Place
VA ASSUMABLERate: 6.95%

2087 E LIBRA Place

$1,200,000
Chandler, AZ 85249
6 beds4 baths5,087 sqftSingle Family
The assumable advantage
6.95%
VA assumed rate
$152,926 interest already paid off
Estimated Loan Balance$840,609
Cash to close$360,236
Est. Monthly PITI$6,307
Initial Loan Amount$863,100
Time on site7 days
Remaining Term27 years, 5 months
Seller's equity (what you pay)
$359,391
Cash or secondary financing
Monthly savings
$1,352
Versus today's market rate
Est. savings per year
$16K
Versus today's market rate

About this home

Motivated Sellers Relocating -- All Reasonable Offers Welcome! This spacious 6-bedroom, 3.5-bathroom residence is nestled in a prestigious gated community, offering comfort, luxury, and style at every turn. Perfectly positioned across from a beautifully landscaped park, this home is ideal for families, entertainers, and anyone seeking a refined lifestyle. Step inside to discover a bright and airy floor plan featuring a large main suite with a walk-in closet and spa-inspired bathroom. home boasts an open-concept living area, a chef's kitchen, and a cozy dining space perfect for gathering. This house has huge potential!!!

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 $359,391. 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

Bedrooms6
Bathrooms4
Square feet5,087
Property typeSingle Family
MLS #7076131
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)
$5,725/mo
Source est. payment (PITI)
$6,307/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$359,391

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

$0$359,391
Additional funds needed$0

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