Properties / 17950 W CAMINO REAL Drive
VA ASSUMABLERate: 3%

17950 W CAMINO REAL Drive

$419,000
Surprise, AZ 85374
3 beds2 baths1,962 sqftSingle Family
The assumable advantage
3%
VA assumed rate
$28,218 interest already paid off
Estimated Loan Balance$171,287
Cash to close$247,713
Est. Monthly PITI$1,145
Initial Loan Amount$192,660
Time on site12 days
Remaining Term24 years, 11 months
Seller's equity (what you pay)
$247,713
Cash or secondary financing
Monthly savings
$1,657
Versus today's market rate
Est. savings per year
$20K
Versus today's market rate

About this home

This Tapatio model is just like the sauce-IT'S HOT! Starting w/ stunning curb appeal, mature trees, an expansive courtyard complemented w/ a striking smooth rounded house facade w/ elongated windows. The home is energy efficient w/2023 HVAC & solar panels. The open concept living area has large picture windows w/ new shutters & a new sliding door w/ great views of the backyard. The nicely sized updated kitchen has the fun elongated windows in the dining area, an island, pantry, & lots of cabinet space. It has 3 bedrooms or space for an office/craft room. The main bedroom has a separate door to the covered patio, shutters, an ensuite w/ double vanity, walk-in shower & walk-in closet. New light fixtures thru/out. A terraced backyard w/ no care turf is perfect for entertaining. Just for you.

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 $247,713. 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
Bathrooms2
Square feet1,962
Property typeSingle Family
MLS #7073328
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)
$814/mo
Source est. payment (PITI)
$1,145/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$247,713

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

$0$247,713
Additional funds needed$0

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