Properties / 17308 W Echo Lane
VA ASSUMABLERate: 3.45%

17308 W Echo Lane

$700,000
Waddell, AZ 85355
3 beds2 baths2,135 sqftSingle Family
The assumable advantage
3.45%
VA assumed rate
$61,281 interest already paid off
Estimated Loan Balance$377,040
Cash to close$323,719
Est. Monthly PITI$2,215
Initial Loan Amount$413,000
Time on site36 days
Remaining Term25 years, 7 months
Seller's equity (what you pay)
$322,960
Cash or secondary financing
Monthly savings
$2,277
Versus today's market rate
Est. savings per year
$27K
Versus today's market rate

About this home

**NEW PRICE!!** Luxury, space & stunning White Tank Mountain views! This exceptional home sits on a 13,760 sq. ft. premium lot with no homes behind. A dream for car enthusiasts, the 40'x15'x16' RV garage, RV gate, additional parking & 2-car garage offer room for up to 6 vehicles plus all your toys. The backyard is an entertainer's paradise with a Pebble Tec pool, Baja shelf, waterfall, travertine decking, pavers, synthetic turf, dog run, covered patio & gazebo. Inside, a 16-ft sliding glass wall with automatic shades creates seamless indoor-outdoor living. Upgrades include water softener, RO system, app-controlled pool & thermostat, Vivint security, surround sound & gas appliances. Awesome location near Loop 303 & Prasada!

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 $322,960. 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 feet2,135
Property typeSingle Family
MLS #7063078
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)
$1,851/mo
Source est. payment (PITI)
$2,215/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$322,960

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

$0$322,960
Additional funds needed$0

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