Properties / 15679 W DUANE Lane
VA ASSUMABLERate: 3.6%

15679 W DUANE Lane

$799,999
Surprise, AZ 85387
3 beds4 baths3,000 sqftSingle Family
The assumable advantage
3.6%
VA assumed rate
$101,416 interest already paid off
Estimated Loan Balance$241,484
Cash to close$559,886
Est. Monthly PITI$1,715
Initial Loan Amount$309,900
Time on site50 days
Remaining Term19 years, 10 months
Seller's equity (what you pay)
$558,515
Cash or secondary financing
Monthly savings
$3,297
Versus today's market rate
Est. savings per year
$40K
Versus today's market rate

About this home

Here's your chance to own a RARE Basement Home on 2 acres w/a beautiful horse set-up & amazing sunset views! This unique 3 Bed/3.5 Bath home FOR SALE in North Surprise has so much to offer! The massive Primary Suite includes a Sitting Room. The finished basement offers additional living space w/cozy brick fireplace-bedroom-full bathroom & large storage room. The Country Kitchen w/massive wood stained island offers lots of natural light & the enclosed Arizona RM offers additional space for a Garden or Pet room! Horse lovers will appreciate the fully fenced arena equipped w/covered stalls & plenty of access to water. Tack Room/Workshop is conveniently attached to the home & can serve a multitude of uses. Relax & Enjoy mornings & starry nights under the covered patios! More here Be sure to ask for this properties Feature Sheet to see a list of upgrades! This amazing home has so much to offer! From new carpet in the basement, wood-look tiled floors, new faucets, can lights and so much more! Enjoy the ease and convenience of being on a Community Well and knowing that the HOA will maintain the roads! This is Rural Country Living at its finest surrounded by custom homes and near State land! Welcome HOME!

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 $558,515. 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
Bathrooms4
Square feet3,000
Property typeSingle Family
MLS #7055936
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)
$1,421/mo
Source est. payment (PITI)
$1,715/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$558,515

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

$0$558,515
Additional funds needed$0

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