Properties / 630 N LESUEUR Circle
VA ASSUMABLERate: 4.11%

630 N LESUEUR Circle

$259,000
Mesa, AZ 85203
2 beds2 baths1,372 sqftSingle Family
The assumable advantage
4.11%
VA assumed rate
$48,836 interest already paid off
Estimated Loan Balance$63,729
Cash to close$196,244
Est. Monthly PITI$651
Initial Loan Amount$95,150
Time on site50 days
Remaining Term15 years, 3 months
Seller's equity (what you pay)
$195,271
Cash or secondary financing
Monthly savings
$1,058
Versus today's market rate
Est. savings per year
$13K
Versus today's market rate

About this home

Charming 2 bed, 2 bath townhouse offering 1,376 sq ft of comfortable living! Enjoy a covered back patio perfect for relaxing or entertaining, plus an attached storage shed for extra space. This home includes covered parking and additional street parking. Inside, you'll find a new electric range, new ceiling fans, a spacious primary closet, and all appliances included--washer, dryer, and refrigerator. Convenient, low-maintenance living in a great location!

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 $195,271. 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

Bedrooms2
Bathrooms2
Square feet1,372
Property typeSingle Family
MLS #7033038
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)
$469/mo
Source est. payment (PITI)
$651/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$195,271

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

$0$195,271
Additional funds needed$0

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