Properties / 12039 N 60TH Avenue
VA ASSUMABLERate: 4.17%

12039 N 60TH Avenue

$539,999
Glendale, AZ 85304
5 beds2 baths2,184 sqftSingle Family
The assumable advantage
4.17%
VA assumed rate
$93,890 interest already paid off
Estimated Loan Balance$502,423
Cash to close$41,135
Est. Monthly PITI$2,907
Initial Loan Amount$540,000
Time on site50 days
Remaining Term25 years, 9 months
Seller's equity (what you pay)
$37,576
Cash or secondary financing
Monthly savings
$530
Versus today's market rate
Est. savings per year
$6K
Versus today's market rate

About this home

Gorgeous single-level home in the heart of Glendale featuring 4 bedrooms, 2 bathrooms, and an ideal cul-de-sac location with an RV gate for all your toys, trailers, or extra storage needs! This move-in ready property offers a spacious and functional floor plan, including a bonus room with a closet that can easily serve as a 5th bedroom, office, loft, or flex space. Enjoy Arizona summers in your sparkling private pool and oversized backyard, recently updated with fresh landscaping creating the perfect setting for entertaining or relaxing outdoors. The home also features a beautifully updated kitchen with modern finishes and ample space for gathering. Vacant and ready for immediate move-in, this property also offers a rare assumable loan opportunity for qualified buyers. A fantastic combination of comfort, versatility, and value!

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 $37,576. 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

Bedrooms5
Bathrooms2
Square feet2,184
Property typeSingle Family
MLS #7028367
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)
$2,655/mo
Source est. payment (PITI)
$2,907/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$37,576

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

$0$37,576
Additional funds needed$0

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