Properties / 27562 N 83RD Glen
VA ASSUMABLERate: 3.51%

27562 N 83RD Glen

$1,275,000
Peoria, AZ 85383
5 beds4 baths4,007 sqftSingle Family
The assumable advantage
3.51%
VA assumed rate
$150,244 interest already paid off
Estimated Loan Balance$609,055
Cash to close$664,563
Est. Monthly PITI$3,901
Initial Loan Amount$704,480
Time on site2 days
Remaining Term23 years, 7 months
Seller's equity (what you pay)
$665,945
Cash or secondary financing
Monthly savings
$4,352
Versus today's market rate
Est. savings per year
$52K
Versus today's market rate

About this home

Rare opportunity to experience elevated desert mountain living with breathtaking panoramic views and enjoy a LOAN ASSUMPTION OPTION AT 3.75%. Step through a custom wood entry door to soaring 12ft ceilings, lighted art niches, hickory & slate tile flooring and open indoor living spaces flowing seamlessly into a backyard retreat - signature features of a quality TW Lewis home. This FULLY FURNISHED 4,000 + sq ft home features 5 spacious bedrooms, 4 bathrooms with an open great room floorplan AND extended length/height 3 car garage. Mother-in-law suite or welcome guests into a private bedroom with ensuite bath. Outdoors, a negative infinity-edge pool, spa, built-in BBQ & multiple entertaining spaces overlooking panoramic views of Westwing & Sunrise Mountains delivering unforgettable sunsets. Minutes from top rated schools, shopping, restaurants & some of the best AZmountain hiking trails! Again, all furnishings convey except for a few personal items. Furniture is less than 2 years old. Many newer features and improvements since 2023 including a complete roof replacement in 2026, irrigation system replaced with PVC, complete interior paint, interior plumbing upgrades, remote controlled blinds in Primary and Family Room, partial pool remodel including many Smart features controlled by phone app and much more. For a complete list of most recent improvements by the current owners, see the documents tab.

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 $665,945. 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 feet4,007
Property typeSingle Family
MLS #7077269
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)
$3,167/mo
Source est. payment (PITI)
$3,901/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$665,945

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

$0$665,945
Additional funds needed$0

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