Properties / 2031 E VISTA Drive
VA ASSUMABLERate: 3%

2031 E VISTA Drive

$525,000
Phoenix, AZ 85022
4 beds2 baths1,332 sqftSingle Family
The assumable advantage
3%
VA assumed rate
$44,160 interest already paid off
Estimated Loan Balance$268,054
Cash to close$256,946
Est. Monthly PITI$1,570
Initial Loan Amount$301,501
Time on site21 days
Remaining Term24 years, 11 months
Seller's equity (what you pay)
$256,946
Cash or secondary financing
Monthly savings
$1,822
Versus today's market rate
Est. savings per year
$22K
Versus today's market rate

About this home

Amazing Mountain Views! Lookout Mountain and Shadow Mountain surround this great home with breathtaking Views from inside & out! NEWER ROOF & NEWER LUXURY FLOORING throughout the home! A private GRASSY YARD with a SPARKLING DIVING POOL & a relaxing HOT TUB make the Backyard a place you will want to spend all of your time! When you walk into the living space you will see a VINTAGE WOOD-BURNING FIREPLACE that gives the home a cozy feel. OPEN FLOOR PLAN allows the kitchen to connect with the dining room & living area. The kitchen features AN AMAZING STOVE with SMART FEATURES & a SEE-IN FRIDGE & BAR SEATING. Home is bright & airy with UPDATED WINDOWS. Oversized Master Bedroom has plenty of room for a King-sized bed. The large CORNER LOT has an RV GATE with plenty of RV PARKING SPACE!

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 $256,946. 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
Bathrooms2
Square feet1,332
Property typeSingle Family
MLS #7069369
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)
$1,274/mo
Source est. payment (PITI)
$1,570/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$256,946

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

$0$256,946
Additional funds needed$0

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