Properties / 2511 W QUEEN CREEK Road
VA ASSUMABLERate: 2.98%

2511 W QUEEN CREEK Road

$629,000
Chandler, AZ 85248
2 beds2 baths1,346 sqftSingle Family
The assumable advantage
2.98%
VA assumed rate
$58,792 interest already paid off
Estimated Loan Balance$309,364
Cash to close$319,636
Est. Monthly PITI$1,826
Initial Loan Amount$356,192
Time on site1 day
Remaining Term24 years, 1 month
Seller's equity (what you pay)
$319,636
Cash or secondary financing
Monthly savings
$2,208
Versus today's market rate
Est. savings per year
$26K
Versus today's market rate

About this home

Discover refined, low-maintenance luxury in this exquisite two-bedroom condominium overlooking the lake and its spectacular oversized fountain. More than 1,000 square feet of beautifully tiled patio space creates an exceptional outdoor extension of the home--ideal for morning coffee, elegant entertaining, or unwinding against a serene lakefront backdrop. Inside, professional interior design is showcased throughout, complemented by upgraded lighting, elegant white maple cabinetry, beautiful quartz countertops, a convenient soft-water system, and an inviting electric fireplace that brings warmth and ambiance to the living space. The primary suite offers an oversized walk-in closet and a luxurious bath featuring a generously sized shower, dual vanity, and private water closet. Impeccably maintained and move-in ready, this residence provides building elevator access and an exceptional resort-style lifestyle. Enjoy an impressive collection of inclusive amenities, including a sparkling community pool and spa, boutique fitness center, steam room, clubhouse, and more. Beyond the community, a short walk leads to fine restaurants, cafés, entertainment, and all the attractions this vibrant lakefront setting has to offer. Experience lock-and-leave luxury where every day feels like a vacation--you may never want to leave!

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 $319,636. 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

Bedrooms2
Bathrooms2
Square feet1,346
Property typeSingle Family
MLS #7076782
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)
$1,501/mo
Source est. payment (PITI)
$1,826/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$319,636

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

$0$319,636
Additional funds needed$0

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