Properties / 16458 W LA REATA Avenue
VA ASSUMABLERate: 6.18%

16458 W LA REATA Avenue

$849,000
Goodyear, AZ 85395
2 beds3 baths1,947 sqftSingle Family
The assumable advantage
6.18%
VA assumed rate
$17,359 interest already paid off
Estimated Loan Balance$373,403
Cash to close$475,597
Est. Monthly PITI$2,772
Initial Loan Amount$375,974
Time on site14 days
Remaining Term29 years, 4 months
Seller's equity (what you pay)
$475,597
Cash or secondary financing
Monthly savings
$2,707
Versus today's market rate
Est. savings per year
$32K
Versus today's market rate

About this home

Don't miss this prime location in the ''Eye'' of Pebble Creek! Close to all the amenities in this Premier Golf Course Community. Newer, beautifully maintained Mandara model with tons of upgrade ... too many to list. Luxury vinyl plank flooring throughout. The kitchen is complete with all stainless LG appliances, modern backsplash, pot filler, 42'' cabinet, all soft close w/ dovetail joints, walk in pantry, all lower drawers for ease of use! Beverage refrigerator & pull out shelves in the lower cabinetry of bar & under master sinks. Laundry room is finished with a sink, storage cabinetry & drying rod. Primary & front closet have been redesigned for better usability. Covered and extended travertine back patio is ready to enjoy. List of Seller added upgrades in documents tab

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 $475,597. 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
Bathrooms3
Square feet1,947
Property typeSingle Family
MLS #7071919
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)
$2,300/mo
Source est. payment (PITI)
$2,772/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$475,597

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

$0$475,597
Additional funds needed$0

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