Properties / 18069 W RIMROCK Street
VA ASSUMABLERate: 2.98%

18069 W RIMROCK Street

$519,900
Surprise, AZ 85388
3 beds2 baths2,273 sqftSingle Family
The assumable advantage
2.98%
VA assumed rate
$37,678 interest already paid off
Estimated Loan Balance$234,786
Cash to close$285,637
Est. Monthly PITI$1,435
Initial Loan Amount$263,000
Time on site41 days
Remaining Term25 years
Seller's equity (what you pay)
$285,114
Cash or secondary financing
Monthly savings
$1,955
Versus today's market rate
Est. savings per year
$23K
Versus today's market rate

About this home

WINNER of ''BEST HOME ON TOUR'' - come see why! Luxury resort lifestyle you deserve awaits without a luxury-home price tag! Regal single-level home pampers w/Premier amenities usually only seen at high-end pricing! BACKYARD OASIS boasts HEATED POOL & SPA, a PUTTING GREEN, built-in BBQ, FIRE PIT seating area & OUTDOOR SHOWER! Designer window coverings, w/3 bedrooms, a den, PLUS distinctive MUDROOM /FLEX-ROOM w/built-in wine cooler to use as hobby rm or extra guest room! Designed for COMFORTABLE EVERYDAY LIVING & EFFORTLESS ENTERTAINING w/New CARPET, a CUSTOM STONE SNAIL SHOWER in primary suite, CHEFS KITCHEN w/GRANITE counters, GAS DOUBLE OVEN, fresh interior paint, SURROUND SOUND in Great Rm & PAID OFF SOLAR for REMARKABLE ENERGY SAVINGS! Off the 303, near Spring Training +AZ Cardinals!

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 $285,114. 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

Bedrooms3
Bathrooms2
Square feet2,273
Property typeSingle Family
MLS #7061232
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)
$1,111/mo
Source est. payment (PITI)
$1,435/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$285,114

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

$0$285,114
Additional funds needed$0

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