Properties / 6622 S 66TH Avenue
VA ASSUMABLERate: 3.07%

6622 S 66TH Avenue

$725,000
Laveen, AZ 85339
4 beds3 baths2,700 sqftSingle Family
The assumable advantage
3.07%
VA assumed rate
$74,055 interest already paid off
Estimated Loan Balance$490,166
Cash to close$235,891
Est. Monthly PITI$2,767
Initial Loan Amount$543,453
Time on site35 days
Remaining Term25 years, 4 months
Seller's equity (what you pay)
$234,834
Cash or secondary financing
Monthly savings
$1,954
Versus today's market rate
Est. savings per year
$23K
Versus today's market rate

About this home

Become the proud owner of this horse property on a sprawling 1-acre lot! You're greeted w/ an expansive front lawn & an extended driveway. Inside, you'll find an inviting living room w/ vaulted ceilings, wood-look flooring, & a two-way fireplace. The family room is perfect for relaxing evenings w/ loved ones. Cook delicious meals in the kitchen, equipped w/ granite counters, white cabinets, a mosaic tile backsplash, SS appliances, a pantry, & a peninsula w/ a breakfast bar. The sizable main bedroom features ample closet space & a private bathroom w/ a raindrop shower. Unwind on the screened patio, ideal for dining al fresco or refreshing drinks. The vast outdoor space includes a refreshing pool, storage sheds, & tons of space for equestrian facilities. Make it yours!

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 $234,834. 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 feet2,700
Property typeSingle Family
MLS #7063456
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)
$2,322/mo
Source est. payment (PITI)
$2,767/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$234,834

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

$0$234,834
Additional funds needed$0

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