Properties / 1202 W PRIOR Avenue
VA ASSUMABLERate: 2.72%

1202 W PRIOR Avenue

$320,000
Coolidge, AZ 85128
4 beds2 baths1,865 sqftSingle Family
The assumable advantage
2.72%
VA assumed rate
$25,376 interest already paid off
Estimated Loan Balance$152,920
Cash to close$166,713
Est. Monthly PITI$958
Initial Loan Amount$175,784
Time on site3 days
Remaining Term24 years, 5 months
Seller's equity (what you pay)
$167,080
Cash or secondary financing
Monthly savings
$1,172
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

Need room to spread out? This 4 bedroom, 2 bath Coolidge home gives you just that--inside and out. The open floorplan feels bright and easy, with vaulted ceilings, tile through the main living areas and a kitchen featuring granite countertops, a large island, pantry and plenty of cabinet space. Outside is where this one really stands apart: an oversized lot with RV gate/parking with full hookups, a long covered patio, mature trees, a peaceful pond with rock waterfall and plenty of open space to make your own. There's even an attached, air conditioned workshop for hobbies, storage or extra flexibility. A home with space, function and features you don't find every day!

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 $167,080. 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
Bathrooms2
Square feet1,865
Property typeSingle Family
MLS #7077315
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)
$715/mo
Source est. payment (PITI)
$958/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$167,080

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

$0$167,080
Additional funds needed$0

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