Properties / 206 N Stagecoach Pass
VA ASSUMABLERate: 6.81%

206 N Stagecoach Pass

$559,900
Payson, AZ 85541
3 beds3 baths1,928 sqftSingle Family
The assumable advantage
6.81%
VA assumed rate
$86,490 interest already paid off
Estimated Loan Balance$428,645
Cash to close$131,709
Est. Monthly PITI$3,305
Initial Loan Amount$442,260
Time on site14 days
Remaining Term27 years, 1 month
Seller's equity (what you pay)
$131,255
Cash or secondary financing
Monthly savings
$410
Versus today's market rate
Est. savings per year
$5K
Versus today's market rate

About this home

Pride of ownership in this spacious custom built home in the beautiful mountain community of Payson, AZ can now be yours! The main level features a bright and open living room, dining area, breakfast bar, kitchen, 1/2 bathroom, large main bedroom & main bathroom with dual vanity, soaking tub and shower and large laundry room with utility sink. The lower level has it's own exterior access, 2 bedrooms, full bathroom, family room, storage room and additional closet space. Both the main level and lower level have their own covered porch/deck areas. Views of the Mazatzals from the main level are awesome! Don't miss the large workshop/craft/storage room on the East side of the home! This is a great opportunity for a primary, second home! Close proximity to shopping, dining& park

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 $131,255. 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
Bathrooms3
Square feet1,928
Property typeSingle Family
MLS #7072524
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)
$2,892/mo
Source est. payment (PITI)
$3,305/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$131,255

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

$0$131,255
Additional funds needed$0

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