Properties / 3322 Durango Drive
VA ASSUMABLERate: 2.81%

3322 Durango Drive

$599,900
Happy Jack, AZ 86024
3 beds2 baths1,632 sqftSingle Family
The assumable advantage
2.81%
VA assumed rate
$42,516 interest already paid off
Estimated Loan Balance$239,639
Cash to close$362,528
Est. Monthly PITI$1,444
Initial Loan Amount$273,652
Time on site50 days
Remaining Term24 years, 2 months
Seller's equity (what you pay)
$360,261
Cash or secondary financing
Monthly savings
$2,399
Versus today's market rate
Est. savings per year
$29K
Versus today's market rate

About this home

Discover an exceptional newer single level home perfect for the retired buyer or the family looking for a full time home, this home is thoughtfully designed for effortless living and comfort. This residence seamlessly blends modern amenities with a serene atmosphere, creating an ideal setting for your next chapter. Inside, find 3 bedrooms and 2 bathrooms within this meticulously planned space. The open floor plan, enhanced by recessed lighting, nice windows and glass doors creates an inviting and spacious environment, perfect for both daily relaxation and welcoming guests. A well-appointed kitchen island offers a central gathering point, while a tankless water heater and water softener contribute to both efficiency and convenience, ensuring a comfortable lifestyle without compromise. Natural light fills each room, highlighting the thoughtful design and finishes throughout, providing a tranquil backdrop. The property includes a fenced yard, providing a private outdoor space for quiet enjoyment or gentle gardening pursuits, as well as a closed in AZ sunroom perfect for Bbqing (with built in exhaust fan). Solar panels offer an eco-conscious advantage, potentially reducing utility expenses while supporting sustainable living. (There is a lease on solar panels paid monthly) This outdoor area serves as a peaceful extension of the indoor living space, ideal for enjoying a morning coffee or an evening breeze as you watch the wildlife. This home offers a unique opportunity for those seeking a harmonious blend of style, functionality, and ease of maintenance in a desirable setting. Its features are curated to support a comfortable and fulfilling full time or weekend experience. Come experience firsthand the refined comfort and modern conveniences this remarkable home.

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 $360,261. 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 feet1,632
Property typeSingle Family
MLS #7029564
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)
$1,139/mo
Source est. payment (PITI)
$1,444/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$360,261

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

$0$360,261
Additional funds needed$0

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