Properties / 19925 N TURQUOISE Point
VA ASSUMABLERate: 3.89%

19925 N TURQUOISE Point

$515,000
Surprise, AZ 85387
2 beds2 baths1,814 sqftSingle Family
The assumable advantage
3.89%
VA assumed rate
$82,434 interest already paid off
Estimated Loan Balance$458,463
Cash to close$56,537
Est. Monthly PITI$2,707
Initial Loan Amount$500,000
Time on site2 days
Remaining Term25 years, 8 months
Seller's equity (what you pay)
$56,537
Cash or secondary financing
Monthly savings
$682
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

OWNED SOLAR + NEW ROOF & 4 NEW WINDOWS & SLIDER IN 2022! A front courtyard & leaded glass front door opens into this upgraded home showcasing exceptional quality! Enjoy tile flooring, 4.5'' baseboards, 4 5/8'' crown molding, LED lighting, plantation shutters & wood-look tile. The remodeled kitchen features soft-close white cabinetry w/glass accents & pull-out drawers, quartz countertops, SS appliances including gas cooktop, subway-tile backsplash, expd pantry & RO system. Both baths are completely remodeled, including new vanities, sinks, mirrors & lights + luxurious no-lip primary shower & relaxing Jacuzzi tub. Additional highlights include a den w/french glass door, tankless water heater, newer garage door & security door. Extd patio w/pergola, synthetic grass, pony wall & BBQ kitchen

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 $56,537. 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 feet1,814
Property typeSingle Family
MLS #7077662
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)
$2,355/mo
Source est. payment (PITI)
$2,707/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$56,537

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

$0$56,537
Additional funds needed$0

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