Properties / 3423 W INSPIRATION Drive
VA ASSUMABLERate: 2.68%

3423 W INSPIRATION Drive

$632,999
Phoenix, AZ 85086
4 beds3 baths2,295 sqftSingle Family
The assumable advantage
2.68%
VA assumed rate
$54,006 interest already paid off
Estimated Loan Balance$337,151
Cash to close$296,653
Est. Monthly PITI$1,983
Initial Loan Amount$385,105
Time on site41 days
Remaining Term24 years, 6 months
Seller's equity (what you pay)
$295,848
Cash or secondary financing
Monthly savings
$2,168
Versus today's market rate
Est. savings per year
$26K
Versus today's market rate

About this home

Hot off the Press, just in time for the Cooler Months and School starting. Take Advantage of this RARE OPPORTUNITY in THE LANDINGS w/ Community Center access and NO SOCIAL FEES. Home has been Recently updated with Fresh Interior Paint, Fixtures, Knobs, Ceiling Fans and Showerheads throughout. Luxurious Lifestyle in the Exclusive GATED Community of Anthem, Offering Both Privacy & Peace of Mind with 2,295 Sq Ft of Stylish and Comfortable Living with Upscale Touches and Incredible Mountain Views. This Meticulously Maintained Home features a SPLIT 1 Bedroom - Bath and Single Car Garage on the OTHER SIDE of the Home from the other 3 Bedroom - 2 Bath - 2 Car Garage.... Allowing Ease for a Workshop, Office Area, or Guest Corridor En Suite Possibilities. Whether You're Looking for a Lock and Leave Seasonal Living, Family Vacation Home, Potential Rental Investment or Full-Time Residence, this Single-Story Home has Just what You are Looking for in the Heart of Anthem. Conveniently located close to Hiking Trails, Freeways, A+ Schools, Hospitals, Shopping, Dining and all Your Entertainment Needs!

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 $295,848. 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 feet2,295
Property typeSingle Family
MLS #7061133
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)
$1,565/mo
Source est. payment (PITI)
$1,983/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$295,848

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

$0$295,848
Additional funds needed$0

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