Properties / 6932 W CHARTER OAK Road
VA ASSUMABLERate: 2.98%

6932 W CHARTER OAK Road

$519,500
Peoria, AZ 85381
4 beds3 baths2,166 sqftSingle Family
The assumable advantage
2.98%
VA assumed rate
$33,221 interest already paid off
Estimated Loan Balance$202,969
Cash to close$316,531
Est. Monthly PITI$1,259
Initial Loan Amount$228,379
Time on site8 days
Remaining Term24 years, 11 months
Seller's equity (what you pay)
$316,531
Cash or secondary financing
Monthly savings
$2,101
Versus today's market rate
Est. savings per year
$25K
Versus today's market rate

About this home

Modern updates and pride of ownership shine throughout this beautiful 4-bedroom, 3-bath home, ideally situated on an extra-large cul-de-sac lot with no HOA. The property offers an RV gate, covered RV parking, and plenty of additional space for vehicles, storage, and outdoor enjoyment. Inside, two spacious living areas are filled with natural light and complemented by neutral finishes throughout, with one having a gas-log fireplace, creating a warm and welcoming atmosphere. Added storage under the staircase provides an extra touch of functionality. The kitchen features stainless steel appliances, a gas range, custom backsplash, pendant lighting, pantry, and abundant cabinetry and counter space. The primary suite features double-door entry, a custom accent wall, and an expansive ensuite complete with dual sinks, walk-in shower, and versatile flex space. Step outside to your private backyard retreat, featuring a fenced swimming pool, gazebo, two storage sheds (one with electric), and an abundance of additional space ready for entertaining, recreation, gardening, or future customization. A rare combination of space, functionality, and resort-style outdoor living in a desirable cul-de-sac setting!

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 $316,531. 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 feet2,166
Property typeSingle Family
MLS #7075172
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)
$963/mo
Source est. payment (PITI)
$1,259/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$316,531

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

$0$316,531
Additional funds needed$0

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