Properties / 1705 S MOONSHADOW Drive
VA ASSUMABLERate: 6.89%

1705 S MOONSHADOW Drive

$269,950
Benson, AZ 85602
3 beds2 baths1,651 sqftSingle Family
The assumable advantage
6.89%
VA assumed rate
$26,160 interest already paid off
Estimated Loan Balance$251,654
Cash to close$18,529
Est. Monthly PITI$1,852
Initial Loan Amount$254,990
Time on site24 days
Remaining Term28 years, 7 months
Seller's equity (what you pay)
$18,296
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Welcome to The Canyons at Whetstone Ranch! This 3-bedroom, 2-bathroom Palmero plan offers 1,600 sq. ft. of thoughtfully designed single-story living. The open-concept floor plan seamlessly connects the living, dining, and kitchen areas. The kitchen features beautiful 36'' slate-color cabinetry, quartz countertops, large island, walk-in pantry, recessed lighting, and stainless-steel appliances. The spacious primary suite offers a private bath, dual vanities, separate tub and shower, and walk-in closet. Enjoy upgraded wood-look tile, plush bedroom carpet, cathedral ceilings, skylights, Low-E windows, and a separate laundry room.

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 $18,296. 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 feet1,651
Property typeSingle Family
MLS #7068222
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)
$1,681/mo
Source est. payment (PITI)
$1,852/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$18,296

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

$0$18,296
Additional funds needed$0

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