Properties / 18400 E DONATO Drive
VA ASSUMABLERate: 6.39%

18400 E DONATO Drive

$399,900
Gold Canyon, AZ 85118
4 beds2 baths1,993 sqftSingle Family
The assumable advantage
6.39%
VA assumed rate
$78,861 interest already paid off
Estimated Loan Balance$372,849
Cash to close$27,483
Est. Monthly PITI$2,809
Initial Loan Amount$386,990
Time on site28 days
Remaining Term26 years, 10 months
Seller's equity (what you pay)
$27,051
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Wake up to desert beauty and adventure just minutes from your door! Built in 2023, this move-in-ready 4-bedroom, 2-bath home offers the ease of newer construction in a fantastic location near the iconic Superstition Mountains. The thoughtfully designed floor plan features modern finishes and comfortable spaces for everyday living and entertaining. Step outside to a finished, fully landscaped backyard--ready to enjoy from day one--with front and back sprinkler systems. A water softener and garage hanging storage add even more convenience. Love the outdoors? Hiking and ATV trails, beautiful desert recreation and multiple golf courses are all nearby. Whether you're exploring the trails, hitting the golf links or relaxing at home, this one makes Arizona living easy!

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 $27,051. 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 feet1,993
Property typeSingle Family
MLS #7063589
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)
$2,424/mo
Source est. payment (PITI)
$2,809/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$27,051

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

$0$27,051
Additional funds needed$0

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