Properties / 1594 Mission Viejo Drive
VA ASSUMABLERate: 3.07%

1594 Mission Viejo Drive

$370,000
Sierra Vista, AZ 85635
4 beds2 baths2,018 sqftSingle Family
The assumable advantage
3.07%
VA assumed rate
$47,966 interest already paid off
Estimated Loan Balance$327,771
Cash to close$47,057
Est. Monthly PITI$1,829
Initial Loan Amount$358,050
Time on site50 days
Remaining Term25 years, 5 months
Seller's equity (what you pay)
$42,229
Cash or secondary financing
Monthly savings
$633
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

Beautiful 4-bedroom, 2-bath home with a 3-car garage, located on a spacious lot with an RV gate in the desirable Coronado Crossings community. This wonderful family home offers an inviting open layout with a generous living and dining area, a private primary suite with a walk-in closet, and an updated kitchen with a cozy breakfast nook that opens to the family room. Perfect for gatherings and everyday living. Step outside to a covered patio and an easy-to-maintain backyard ideal for relaxing or play. Conveniently located near Fort Huachuca, schools, and shopping, this home is a must-see!

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 $42,229. 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
Bathrooms2
Square feet2,018
Property typeSingle Family
MLS #6984716
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)
$1,549/mo
Source est. payment (PITI)
$1,829/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$42,229

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

$0$42,229
Additional funds needed$0

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