Properties / 2121 E PALM BEACH Drive
VA ASSUMABLERate: 3.68%

2121 E PALM BEACH Drive

$1,206,000
Chandler, AZ 85249
5 beds4 baths4,886 sqftSingle Family
The assumable advantage
3.68%
VA assumed rate
$137,484 interest already paid off
Estimated Loan Balance$331,388
Cash to close$877,349
Est. Monthly PITI$2,449
Initial Loan Amount$419,414
Time on site50 days
Remaining Term20 years, 1 month
Seller's equity (what you pay)
$874,612
Cash or secondary financing
Monthly savings
$5,165
Versus today's market rate
Est. savings per year
$62K
Versus today's market rate

About this home

MOTIVATED SELLER - Former model home backing to a protected greenbelt with breathtaking San Tan Mountain views! Soaring ceilings and abundant natural light welcome you into formal living and dining spaces, a versatile den, and an upgraded chef's kitchen with stainless steel appliances, custom cabinetry, and an oversized island overlooking the family room with a brick fireplace. The home features two luxurious primary suites with custom Classy Closets, an upstairs loft with private balcony access, and incredible mountain views. Escape to your resort-style backyard with a heated saltwater pool, mature landscaping, view fencing, and room to relax or entertain while enjoying unforgettable Arizona sunrises and sunsets. Exceptional indoor-outdoor living at its finest!

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 $874,612. 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

Bedrooms5
Bathrooms4
Square feet4,886
Property typeSingle Family
MLS #7050499
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)
$1,947/mo
Source est. payment (PITI)
$2,449/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$874,612

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

$0$874,612
Additional funds needed$0

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