Properties / 3029 W Villa Cassandra Drive
VA ASSUMABLERate: 2.8%

3029 W Villa Cassandra Drive

$429,000
Phoenix, AZ 85086
4 beds3 baths1,733 sqftSingle Family
The assumable advantage
2.8%
VA assumed rate
$38,974 interest already paid off
Estimated Loan Balance$260,403
Cash to close$172,121
Est. Monthly PITI$1,467
Initial Loan Amount$290,000
Time on site50 days
Remaining Term24 years, 11 months
Seller's equity (what you pay)
$168,597
Cash or secondary financing
Monthly savings
$1,319
Versus today's market rate
Est. savings per year
$16K
Versus today's market rate

About this home

The interior has been painted in 2026. AC replaced 2021, 10 new windows, LVP installed professionally. Samsung appliances, Gazebo to enjoy spring evening. Built-in pantry build in 2021. Tramonto has 2 community pools, basketball, volleyball & tennis court, heated jacuzzi, parks, K to 8 school, dining. It offers the lifestyle perks people want without needing to leave the neighborhood.

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 $168,597. 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 feet1,733
Property typeSingle Family
MLS #6995993
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)
$1,211/mo
Source est. payment (PITI)
$1,467/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$168,597

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

$0$168,597
Additional funds needed$0

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