Properties / 22780 E CALLE LUNA
VA ASSUMABLERate: 6.09%

22780 E CALLE LUNA

$699,000
Queen Creek, AZ 85142
4 beds3 baths2,291 sqftSingle Family
The assumable advantage
6.09%
VA assumed rate
$58,823 interest already paid off
Estimated Loan Balance$522,145
Cash to close$177,428
Est. Monthly PITI$3,569
Initial Loan Amount$532,511
Time on site28 days
Remaining Term28 years, 3 months
Seller's equity (what you pay)
$176,855
Cash or secondary financing
Monthly savings
$891
Versus today's market rate
Est. savings per year
$11K
Versus today's market rate

About this home

You've heard ''Shows like a model''. This one really does!!**With all the class and quality Toll Brothers is known for (starting with 2x6 construction), this original owner spent over $100K on upgrades**Some of those features (pls see full list in docs tab) include 5'' baseboards, Luxury Vinyl Plank t/o home, 12' multi-pocket ''hideaway'' slider to backyard, security farmhouse front door, custom curtains and Roman shades. Plus, elec. upgrades t/o including ceiling fans, extra outlets ,GFCI's.**Stunning Kitchen includes 42'' shaker cabinets, Kitchenaid appliances, cabinets and beverage fridge in island, quartz counters (t/o home) and custom glass pantry door** Adjacent to kitchen is bar area w/upper & lower cabinets and another beverage fridge**In addition to luxury primary bath, with custom barn door, there are 2 other full baths, with one being an en suite at Bedroom 2. All baths have raised vanities, upgraded square sinks, and comfort height toilets. En suite bath at Bedroom 2 also has walk-in shower, making it perfect for an aging guest or busy teen**4th BR currently used as office w/custom privacy glass doors w/dormer window**Beautiful laundry room has 42" shaker cabinets, shelving, hanging dowel and custom Roman shade at window**Nothing to do outdoors but enjoy the low maintenance artificial turf, porcelain plank tile at front porch & extended rear patio, built-in BBQ island and contemporary gas fireplace w/ledger stone and porcelain cap. Two soothing water features as well**Belgard paver trash pad & walkway leading to 19' extra wide driveway. 6' wide lighted paver steps to front door, low voltage lighting t/o front yard and farmhouse rails enclosing front porch**Path next to home leads to large community park w/community pool, splash pad and playground**Equestrian trail through the Meridian master planned community**More neighborhood parks w/ fireplaces, game tables, bocce ball & play areas**Holiday community events**Watch the Schnepf farm fireworks from the front porch on July 4th and New Year's Eve!

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 $176,855. 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

Bedrooms4
Bathrooms3
Square feet2,291
Property typeSingle Family
MLS #7065332
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)
$3,231/mo
Source est. payment (PITI)
$3,569/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$176,855

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

$0$176,855
Additional funds needed$0

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