Properties / 39410 N 7TH Street
VA ASSUMABLERate: 3.12%

39410 N 7TH Street

$1,174,900
Phoenix, AZ 85086
4 beds4 baths3,647 sqftSingle Family
The assumable advantage
3.12%
VA assumed rate
$132,841 interest already paid off
Estimated Loan Balance$884,168
Cash to close$292,608
Est. Monthly PITI$4,832
Initial Loan Amount$975,331
Time on site28 days
Remaining Term25 years, 6 months
Seller's equity (what you pay)
$290,732
Cash or secondary financing
Monthly savings
$2,736
Versus today's market rate
Est. savings per year
$33K
Versus today's market rate

About this home

Exquisite estate on a fully fenced acre. No HOA and zoned for Horses. Breathtaking views and refined luxury throughout. Soaring ceilings and expansive living spaces lead into a beautifully appointed kitchen ideal for everyday living and entertaining. Resort-style backyard features a heated pool with in-floor cleaning system and Marbella pavers, plus an expansive travertine patio and outdoor fireplace--perfect for elevated outdoor living. A private entry courtyard with wood-burning fireplace creates a grand, inviting arrival. Dedicated home theater with Sonos sound and a thoughtfully designed ensuite ideal for multigenerational living. Impeccably maintained with exceptional pride of ownership. Oversized garage with RV gate and 220 hookup. Room to add a detached shop (zoning approval).

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 $290,732. 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
Bathrooms4
Square feet3,647
Property typeSingle Family
MLS #7066798
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)
$4,193/mo
Source est. payment (PITI)
$4,832/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$290,732

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

$0$290,732
Additional funds needed$0

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