Properties / 15756 W REDFIELD Road
VA ASSUMABLERate: 3.7%

15756 W REDFIELD Road

$419,900
Surprise, AZ 85379
4 beds3 baths2,287 sqftSingle Family
The assumable advantage
3.7%
VA assumed rate
$37,074 interest already paid off
Estimated Loan Balance$144,591
Cash to close$279,005
Est. Monthly PITI$1,060
Initial Loan Amount$162,650
Time on site50 days
Remaining Term23 years, 5 months
Seller's equity (what you pay)
$275,309
Cash or secondary financing
Monthly savings
$1,706
Versus today's market rate
Est. savings per year
$20K
Versus today's market rate

About this home

BACK ON MARKET Owner Agent - property previously owned by agents brother Great family home with all bedrooms situated on second floor. Well maintained home with wood floors thru out. Recent new HVAC and gas water heater. Solar is leased and APS bills are almost non existent. Solar lease SEE ATTACHED LEASE Grass area in back. Garage built ins and grid floor stay. RV gate and concrete parking inside ********* OWNER CURRENTLY UNDERTAKING SOME PAINTING AND MINOR REPAIRS *********

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 $275,309. 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 feet2,287
Property typeSingle Family
MLS #6905504
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)
$770/mo
Source est. payment (PITI)
$1,060/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$275,309

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

$0$275,309
Additional funds needed$0

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