Properties / 1600 S VINE MAPLE Lane
VA ASSUMABLERate: 7.62%

1600 S VINE MAPLE Lane

$1,150,000
Show Low, AZ 85901
4 beds3 baths2,845 sqftSingle Family
The assumable advantage
7.62%
VA assumed rate
$54,843 interest already paid off
Estimated Loan Balance$258,677
Cash to close$891,789
Est. Monthly PITI$2,459
Initial Loan Amount$265,000
Time on site46 days
Remaining Term27 years, 3 months
Seller's equity (what you pay)
$891,323
Cash or secondary financing
Monthly savings
$4,902
Versus today's market rate
Est. savings per year
$59K
Versus today's market rate

About this home

Beautiful corner lot cabin in Show Low's Torreon Golf community, nestled in tall pines for privacy. Meticulously maintained with recent upgrades. Features 4 beds, 3 baths, and a 2-car garage with epoxy floor. Enjoy a vaulted great room and kitchen with multiple stone gas/wood fireplaces. Dual master suites. Kitchen boasts hickory cabinetry, quartz countertops, new GE appliances, and Purvey honeycomb shades. Upgraded closet shelving, lighting, and thermo-radiant floor heating in master baths. New lighting, fans, chandelier, covered decks, fresh exterior, and 2023 roof.

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 $891,323. 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 feet2,845
Property typeSingle Family
MLS #7059069
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)
$1,880/mo
Source est. payment (PITI)
$2,459/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$891,323

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

$0$891,323
Additional funds needed$0

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