Properties / 1576 E JASPER Court
VA ASSUMABLERate: 6.19%

1576 E JASPER Court

$353,000
Gilbert, AZ 85296
3 beds3 baths1,514 sqftSingle Family
The assumable advantage
6.19%
VA assumed rate
$55,725 interest already paid off
Estimated Loan Balance$452,239
Cash to close$0
Est. Monthly PITI$3,028
Initial Loan Amount$455,346
Time on site50 days
Remaining Term28 years
Seller's equity (what you pay)
$0
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Excellent SHORT SALE opportunity! Welcome to this light and bright 3 bedroom, 2.5 bath showstopper! Remodeled to perfection, this home features gorgeous plank flooring and elegant plantation shutters throughout for a timeless touch. Every inch of this home exudes style and sophistication— move right in and enjoy! Responsive bank must approve short sale & buyer to assume solar loan

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 $0. 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
Bathrooms3
Square feet1,514
Property typeSingle Family
MLS #6849298
CountyMaricopa County
Assumable loanVA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$2,836/mo
Source est. payment (PITI)
$3,028/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.