Properties / 7626 W MISSOURI Avenue
VA ASSUMABLERate: 3.23%

7626 W MISSOURI Avenue

$399,000
Glendale, AZ 85303
3 beds2 baths1,626 sqftSingle Family
The assumable advantage
3.23%
VA assumed rate
$50,304 interest already paid off
Estimated Loan Balance$235,121
Cash to close$164,417
Est. Monthly PITI$1,476
Initial Loan Amount$269,900
Time on site38 days
Remaining Term23 years, 11 months
Seller's equity (what you pay)
$163,879
Cash or secondary financing
Monthly savings
$1,176
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

Discover this charming residence in Glendale! Featuring 3 beds, 2 baths, a 2-car garage, and a low-care landscape. The interior boasts vaulted ceilings, a neutral palette, tons of natural light, wood-look tile floors, and a formal living area that welcomes you. The inviting family room opens to the eat-in kitchen, enhancing the home's open feel! Built-in appliances, white cabinets, and two peninsulas w/breakfast bars make up the culinary space. The dining & living areas provide sliding glass doors to the back for easy indoor-outdoor living. Large main bedroom features a sitting area with French doors to the back and an ensuite with dual sinks & separate tub/shower. The generous backyard offers a covered patio for relaxing and entertaining, and an exterior storage room! Don't miss this gem!

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 $163,879. 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 feet1,626
Property typeSingle Family
MLS #7062193
CountyMaricopa County
Assumable loanVA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$1,177/mo
Source est. payment (PITI)
$1,476/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$163,879

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

$0$163,879
Additional funds needed$0

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