Properties / 7604 N 87TH Drive
VA ASSUMABLERate: 6.71%

7604 N 87TH Drive

$660,000
Glendale, AZ 85305
5 beds4 baths3,707 sqftSingle Family
The assumable advantage
6.71%
VA assumed rate
$130,201 interest already paid off
Estimated Loan Balance$619,935
Cash to close$41,404
Est. Monthly PITI$4,504
Initial Loan Amount$640,000
Time on site50 days
Remaining Term27 years
Seller's equity (what you pay)
$40,065
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Some homes check a few boxes. This one checks all of them. Sitting on nearly 10,000 square feet of land and backing to a peaceful park and greenbelt, this 5-bedroom, 3.5-bath residence offers 3,707 square feet of thoughtfully designed living space with a 3-car garage and one of the more impressive footprints available in the West Valley at this price point. The grand entry sets the tone immediately, with soaring ceilings opening into a bright, flowing floor plan built for real life. The main level delivers a spacious den, a generous family room, and a kitchen that actually works, featuring a central island, breakfast bar, walk-in pantry, and cabinet space that won't leave you compromising. The downstairs master suite is split for privacy and finished with a walk-in closet and double vanity bath, with direct access to the backyard patio so your morning coffee or evening wind-down is just steps away. Upstairs, a large loft adds the kind of flexible space most homes simply don't have. Outside, a covered patio extends your living space into a landscaped backyard with grass, pavers, and decorative gravel, all with no rear neighbors and greenbelt views that make it feel like your own private retreat. This home has been professionally pre-inspected, so buyers have full transparency before making an offer. No surprises, no guesswork, just a clean, well-documented home ready for its next chapter. Minutes from State Farm Arena, Desert Diamond Casino, and the open-air shops and dining at Park West, the location puts you at the center of everything the West Valley has to offer. Homes with this combination of size, lot, location, and greenbelt backing simply do not come up often. Come see it in person and you will understand why.

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 $40,065. 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

Bedrooms5
Bathrooms4
Square feet3,707
Property typeSingle Family
MLS #7048298
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)
$4,148/mo
Source est. payment (PITI)
$4,504/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$40,065

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

$0$40,065
Additional funds needed$0

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