Properties / 2816 Calle Parkway
VA ASSUMABLERate: 3.02%

2816 Calle Parkway

$360,000
Sierra Vista, AZ 85635
3 beds2 baths1,814 sqftSingle Family
The assumable advantage
3.02%
VA assumed rate
$43,229 interest already paid off
Estimated Loan Balance$224,758
Cash to close$138,855
Est. Monthly PITI$1,333
Initial Loan Amount$255,000
Time on site50 days
Remaining Term24 years
Seller's equity (what you pay)
$135,242
Cash or secondary financing
Monthly savings
$1,025
Versus today's market rate
Est. savings per year
$12K
Versus today's market rate

About this home

Updated and Maintained Beautiful 3 Bed 2 Bath home on over a 1/2 Acre in Sierra Vista centrally located to all of town. This home features a private swimming pool in it's own separate building on the property as well as 2 garages one double car and one single car drive though. That allows you to access the back yard. You fall in love with this home that offers you the most in your own private seclusion.

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 $135,242. 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 feet1,814
Property typeSingle Family
MLS #6981683
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)
$1,098/mo
Source est. payment (PITI)
$1,333/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$135,242

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

$0$135,242
Additional funds needed$0

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