Properties / 2402 E EVERGLADE Court
VA ASSUMABLERate: 2.98%

2402 E EVERGLADE Court

$824,900
Chandler, AZ 85249
4 beds3 baths2,690 sqftSingle Family
The assumable advantage
2.98%
VA assumed rate
$42,914 interest already paid off
Estimated Loan Balance$223,433
Cash to close$601,991
Est. Monthly PITI$1,567
Initial Loan Amount$256,650
Time on site29 days
Remaining Term24 years, 1 month
Seller's equity (what you pay)
$601,467
Cash or secondary financing
Monthly savings
$3,781
Versus today's market rate
Est. savings per year
$45K
Versus today's market rate

About this home

The South Chandler luxury home in just the right location- minutes from coffee, top rated schools, restaurants- the updated and turnkey home that is single story, in a gated neighborhood and close to the park...the home you've been scrolling for within your budget- it just hit the market and you need to move on it. This elevated luxe home has sky high ceilings, marble flooring and a huge great room for entertaining. The kitchen has an eat in nook with extended cabinets, a butler AND walk in pantry, it's an entertainer's dream! The primary with his and hers closets separated from the additional 3 bedrooms (including one ensuite) on the other side of the home. Outside is your oversized lot with sparkling pool, easy landscaping, private front patio. Everything has been done for you!

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 $601,467. 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
Bathrooms3
Square feet2,690
Property typeSingle Family
MLS #7065575
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)
$1,084/mo
Source est. payment (PITI)
$1,567/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$601,467

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

$0$601,467
Additional funds needed$0

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