Properties / 5345 E VAN BUREN Street
VA ASSUMABLERate: 5.99%

5345 E VAN BUREN Street

$278,000
Phoenix, AZ 85008
2 beds2 baths1,034 sqftSingle Family
The assumable advantage
5.99%
VA assumed rate
$27,194 interest already paid off
Estimated Loan Balance$284,297
Cash to close$0
Est. Monthly PITI$1,971
Initial Loan Amount$289,405
Time on site16 days
Remaining Term28 years, 6 months
Seller's equity (what you pay)
$0
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

Welcome to quiet, modern living in a prime, highly accessible location! Tucked peacefully near the back of a premier gated community, this beautiful 2-bed condo features upgraded flooring and fresh, modern-painted cabinetry. Enjoy a light-filled open living space that flows out to your private patio--complete with extra exterior storage. Roomy bedrooms offer plenty of comfort, complemented by convenience: 1 assigned covered space right nearby plus abundant guest parking. Take advantage of top-tier community amenities including resort-style heated pools. Unbeatable Location & Rare Financing: Minutes to ASU & Phoenix Sky Harbor Airport Close to dining, shopping, & easy freeway access ASSUMABLE VA LOAN at a low 5.99% rate!

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 $0. 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

Bedrooms2
Bathrooms2
Square feet1,034
Property typeSingle Family
MLS #7071646
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)
$1,735/mo
Source est. payment (PITI)
$1,971/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.