Properties / 2849 N 73RD Drive
VA ASSUMABLERate: 6.82%

2849 N 73RD Drive

$285,000
Phoenix, AZ 85035
3 beds3 baths1,675 sqftSingle Family
The assumable advantage
6.82%
VA assumed rate
$61,520 interest already paid off
Estimated Loan Balance$345,552
Cash to close$0
Est. Monthly PITI$2,615
Initial Loan Amount$353,949
Time on site50 days
Remaining Term27 years, 6 months
Seller's equity (what you pay)
$0
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Beautifully updated corner-unit townhome tucked away for privacy in a gated community! This rare corner location offers no shared backyard, providing extra outdoor privacy and separation from neighbors. Inside, enjoy a fully refreshed interior featuring a NEW kitchen with quartz countertops and soft-close cabinets, NEW flooring throughout, and premium new carpet. Major system upgrades include a new HVAC system with new main unit, compressor, and ductwork, plus a new water heater with expansion tank (installed Summer 2024 -- the oldest improvement). Finished with a new back door, this home is truly move-in ready with upgrades where it matters most!

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 $0. 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
Bathrooms3
Square feet1,675
Property typeSingle Family
MLS #7038291
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)
$2,322/mo
Source est. payment (PITI)
$2,615/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.