Properties / 27912 N 93RD Lane
VA ASSUMABLERate: 2.72%

27912 N 93RD Lane

$895,000
Peoria, AZ 85383
4 beds4 baths3,465 sqftSingle Family
The assumable advantage
2.72%
VA assumed rate
$77,809 interest already paid off
Estimated Loan Balance$471,142
Cash to close$424,982
Est. Monthly PITI$2,665
Initial Loan Amount$539,000
Time on site23 days
Remaining Term24 years, 5 months
Seller's equity (what you pay)
$423,858
Cash or secondary financing
Monthly savings
$3,076
Versus today's market rate
Est. savings per year
$37K
Versus today's market rate

About this home

2.38% ASSUMABLE LOAN ELIGIBLE!! A rare opportunity to pair an exceptional rate, potentially saving thousands in interest with a truly stunning, move-in ready North Peoria home with curated finishes throughout. masterpiece offers elevated indoor-outdoor living with a fully transformed backyard retreat and custom designer finishes throughout. Thoughtfully upgraded, beautifully maintained and designed for effortless Arizona living, this home unfolds into a private backyard retreat made for entertaining, relaxing and enjoying the desert lifestyle year-round. The expansive three panel glass slider opens to a resort style outdoor space featuring a custom pool and spa, white marble travertine, turf, a putting green, pergola, extended motorized patio shade, outdoor surround sound and thoughtful additions including a double sized side fence, dog run, and paver walkway. The home's curb appeal shines with a custom exterior paint, extended paver driveway, modern landscaping, turf, and a full front yard lighting package.

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 $423,858. 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
Bathrooms4
Square feet3,465
Property typeSingle Family
MLS #7066082
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)
$2,202/mo
Source est. payment (PITI)
$2,665/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$423,858

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

$0$423,858
Additional funds needed$0

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