Properties / 3662 W BARCELONA Drive
VA ASSUMABLERate: 4.18%

3662 W BARCELONA Drive

$1,299,700
Chandler, AZ 85226
5 beds4 baths3,887 sqftSingle Family
The assumable advantage
4.18%
VA assumed rate
$187,619 interest already paid off
Estimated Loan Balance$373,943
Cash to close$927,796
Est. Monthly PITI$2,935
Initial Loan Amount$475,619
Time on site50 days
Remaining Term19 years, 6 months
Seller's equity (what you pay)
$925,757
Cash or secondary financing
Monthly savings
$5,326
Versus today's market rate
Est. savings per year
$64K
Versus today's market rate

About this home

WOW! ''Stunning'' barely describes the quality and upgrades in this completely remodeled TW Lewis home with almost 4,000 sq.ft. and 5 bedrooms+loft and 3.5 baths! Over $185K of upgrades! Hard-to-find TWO primary bedroom floorplan, including custom-home quality finishes throughout and high-end kitchen and bathrooms remodels. Truly a resort-style rear yard on 13,000+ sq.ft. premium lot with sparkling pool and swim-up bar, enormous paver firepit area, upgraded rubber-stone decking, and extensive outdoor kitchen/bar and Kokomo grill. Really too many upgrades to fully list: dramatic stone-elevation fireplace; RV gate; plantation shutters; quiet neighborhood park just around the corner; popular Kyrene schools; and LOTS more! This is truly a gorgeous home you must see in person to appreciate!

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 $925,757. 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
Bathrooms4
Square feet3,887
Property typeSingle Family
MLS #7051911
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)
$2,339/mo
Source est. payment (PITI)
$2,935/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$925,757

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

$0$925,757
Additional funds needed$0

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