Properties / 15762 W CHERYL Drive
VA ASSUMABLERate: 3.49%

15762 W CHERYL Drive

$569,900
Waddell, AZ 85355
3 beds3 baths2,507 sqftSingle Family
The assumable advantage
3.49%
VA assumed rate
$15,304 interest already paid off
Estimated Loan Balance$526,916
Cash to close$46,663
Est. Monthly PITI$2,558
Initial Loan Amount$529,990
Time on site50 days
Remaining Term29 years, 3 months
Seller's equity (what you pay)
$42,984
Cash or secondary financing
Monthly savings
$963
Versus today's market rate
Est. savings per year
$12K
Versus today's market rate

About this home

Rare opportunity to assume a VA loan at a 3.49% interest rate, offering significant monthly savings compared to today's rates! Built in 2025, this beautifully upgraded home blends modern design with exceptional functionality. Featuring 3 bedrooms, 3 bathrooms, plus a spacious den, this thoughtfully designed split floor plan offers comfort, privacy and flexibility for today's lifestyle. Inside you'll find elegant tile plank flooring, abundant natural light and a stunning chef-inspired kitchen showcasing quartz countertops, upgraded appliances and an oversized pantry. Dual sink vanities add to everyday convenience, while the expansive laundry room and deep tandem 3-car garage provide exceptional storage and workspace. Situated on a desirable corner lot adjacent to the greenbelt, this home offers added privacy and an open feel. The finished backyard is perfect for relaxing, while the inviting front porch and paver driveway enhance the homes outstanding curb appeal! Why wait to build when you can own a nearly new home loaded with upgrades. This is an opportunity you don't want to miss!

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 $42,984. 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
Bathrooms3
Square feet2,507
Property typeSingle Family
MLS #7052614
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)
$2,398/mo
Source est. payment (PITI)
$2,558/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$42,984

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

$0$42,984
Additional funds needed$0

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