Properties / 3386 Karen Avenue
VA ASSUMABLERate: 6.67%

3386 Karen Avenue

$435,555
Kingman, AZ 86401
4 beds2 baths1,912 sqftSingle Family
The assumable advantage
6.67%
VA assumed rate
$12,563 interest already paid off
Estimated Loan Balance$173,232
Cash to close$262,484
Est. Monthly PITI$1,395
Initial Loan Amount$174,800
Time on site31 days
Remaining Term29 years
Seller's equity (what you pay)
$262,323
Cash or secondary financing
Monthly savings
$1,442
Versus today's market rate
Est. savings per year
$17K
Versus today's market rate

About this home

Price Adjustment On This Home Featuring 4 Bedrooms, 2 Bathrooms, 3 Car Garage And Gated R.V. Parking. The Living Room Has Beautiful Crown Molding And A Gas Fireplace. There Are Blinds And Ceiling Fans Throughout. The Kitchen Has A Gas Stove, Large Pantry, Breakfast Bar And Granite Counters. The Primary Bedroom Has A Large Walk In Closet And An Amazing Bath With A Tile Walk In Shower, Soak Tub, Dual Sinks And A Private Water Closet. The Other 3 Bedrooms Are Perfect For Family Or Guests. No Going To The Garage To Do Laundry Because There Is An Indoor Laundry Room. The Landscaping Includes A New Above Ground Pool And A Custom Gazebo With A Counter And Seating Area. There Is A Garden Area And A Peach Tree. A Large Covered Patio For Coffee In The Morning And Star Gazing In The Evening. All Surrounded By Block Wall Fencing With Gated R.V. Access. And Did I Mention The Majestic Mountain Views!

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 $262,323. 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 feet1,912
Property typeSingle Family
MLS #041324
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)
$1,127/mo
Source est. payment (PITI)
$1,395/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$262,323

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

$0$262,323
Additional funds needed$0

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