Properties / 737 E NIGHTHAWK Way
VA ASSUMABLERate: 2.94%

737 E NIGHTHAWK Way

$912,000
Phoenix, AZ 85048
4 beds3 baths2,459 sqftSingle Family
The assumable advantage
2.94%
VA assumed rate
$108,756 interest already paid off
Estimated Loan Balance$683,809
Cash to close$238,742
Est. Monthly PITI$3,692
Initial Loan Amount$758,098
Time on site47 days
Remaining Term24 years, 11 months
Seller's equity (what you pay)
$228,191
Cash or secondary financing
Monthly savings
$2,149
Versus today's market rate
Est. savings per year
$26K
Versus today's market rate

About this home

Experience the style and comfort of this stunning residence, featuring a stone-accented facade, a beautifully manicured landscape, and a 2-car garage. The interior showcases generous living areas with tile flooring, exposed beams that add charm, contemporary lighting, and neutral tones throughout. The gourmet kitchen is a chef's delight, equipped with ample cabinetry adorned with crown molding, tile backsplash, quartz countertops, SS appliances, and an island with a breakfast bar, perfect for entertaining. The main suite promises a good night's sleep and hosts a walk-in closet and a full ensuite with double vanities. The backyard is complete with a cozy covered patio ideal for morning coffee and plenty of space for outdoor fun, waiting for your personal touch! This gem is a must-see!

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 $228,191. 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 feet2,459
Property typeSingle Family
MLS #6951079
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)
$3,229/mo
Source est. payment (PITI)
$3,692/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$228,191

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

$0$228,191
Additional funds needed$0

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