Properties / 6827 N HIGHLANDS Drive
VA ASSUMABLERate: 3.04%

6827 N HIGHLANDS Drive

$8,800,000
Paradise Valley, AZ 85253
6 beds7 baths10,335 sqftSingle Family
The assumable advantage
3.04%
VA assumed rate
$184,739 interest already paid off
Estimated Loan Balance$995,047
Cash to close$7,829,319
Est. Monthly PITI$6,040
Initial Loan Amount$1,111,000
Time on site50 days
Remaining Term24 years, 3 months
Seller's equity (what you pay)
$7,804,953
Cash or secondary financing
Monthly savings
$47,060
Versus today's market rate
Est. savings per year
$565K
Versus today's market rate

About this home

6827 N. Highlands Drive, Paradise Valley mountainside gated estate located in highly desired Paradise Highlands. Views unrivaled as 360 degree mountain and city light views will leave you breathless! This timeless estate sprawls over three levels, 10,000 sqft captures the walls of glass framing the valleys coveted Camelback Mountain. As you enter, the lounge, great room and dining capture a full backdrop of Camelback and city lights. THREE PRIMARY SUITES WITH SWEEPING VIEWS ,ELEVATOR and modern home theatre, full bar, lounge offering single level living if desired. A total of 6 bedrooms, 6.5 baths, office, gourmet kitchen, theater room with kitchen, game room with bar, wine cellar, studio, and sauna. Luxury, timeless and one of kind estate perched above the valley awaits you.

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 $7,804,953. 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
Bathrooms7
Square feet10,335
Property typeSingle Family
MLS #6910666
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)
$4,837/mo
Source est. payment (PITI)
$6,040/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$7,804,953

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

$0$7,804,953
Additional funds needed$0

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