Properties / 1094 WAGNER Place
VA ASSUMABLERate: 2.96%

1094 WAGNER Place

$425,000
Sierra Vista, AZ 85635
4 beds3 baths2,820 sqftSingle Family
The assumable advantage
2.96%
VA assumed rate
$46,545 interest already paid off
Estimated Loan Balance$290,086
Cash to close$139,399
Est. Monthly PITI$1,698
Initial Loan Amount$322,200
Time on site50 days
Remaining Term24 years, 10 months
Seller's equity (what you pay)
$134,914
Cash or secondary financing
Monthly savings
$1,130
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

2021 built RL Workman home close to Ft. Huachuca and amenities! 2,694 sq ft open concept 4 bedroom, 3 bath home that includes a loft area, 1st floor bedroom and full bath, 2-car garage with 5' expansion & pedestrian door. Upgraded grey painted cabinets with granite countertops throughout! Kitchen has large island, 36'' uppers, walk-in pantry, stainless appliances, and tile backsplash. Master suite has large walk-in closet, & covered balcony! Upgraded carpet and pad in bedrooms, loft, and stairs with wood-look tile throughout the rest of the home. Washer and Dryer included. Energy Star Certification and Environments for Living Guarantee.

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 $134,914. 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 feet2,820
Property typeSingle Family
MLS #6984316
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)
$1,376/mo
Source est. payment (PITI)
$1,698/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$134,914

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

$0$134,914
Additional funds needed$0

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