Properties / 16176 W STATLER Street
VA ASSUMABLERate: 3.1%

16176 W STATLER Street

$450,000
Surprise, AZ 85374
6 beds3 baths2,166 sqftSingle Family
The assumable advantage
3.1%
VA assumed rate
$54,123 interest already paid off
Estimated Loan Balance$364,037
Cash to close$88,272
Est. Monthly PITI$1,991
Initial Loan Amount$400,000
Time on site50 days
Remaining Term25 years, 6 months
Seller's equity (what you pay)
$85,963
Cash or secondary financing
Monthly savings
$931
Versus today's market rate
Est. savings per year
$11K
Versus today's market rate

About this home

Located in the highly desirable Mountain Vista Ranch Community this amazing two story home has easy access to the Loop 303 and is within minutes of Valley Vista High, Surprise Stadium, and the community park! With over 2100 square feet of living space 6 bedrooms, an RV gate and private pool this one checks off everything on your list. Enter in to soaring ceilings, a large great room that is connected to the kitchen, perfect for entertaining your guests. The kitchen includes stainless steel appliances, a center island and abundant wood cabinetry. Head into the Arizona room and out back to enjoy your desert oasis complete with sparkling pool. Solar panels provide efficiency. Don't wait, tour today!

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 $85,963. 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
Bathrooms3
Square feet2,166
Property typeSingle Family
MLS #7031093
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)
$1,723/mo
Source est. payment (PITI)
$1,991/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$85,963

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

$0$85,963
Additional funds needed$0

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