Properties / 24137 W BLUE SKY Drive
VA ASSUMABLERate: 6.5%

24137 W BLUE SKY Drive

$555,500
Wittmann, AZ 85361
3 beds2 baths1,554 sqftSingle Family
The assumable advantage
6.5%
VA assumed rate
$46,579 interest already paid off
Estimated Loan Balance$474,756
Cash to close$81,216
Est. Monthly PITI$3,334
Initial Loan Amount$481,539
Time on site50 days
Remaining Term28 years, 7 months
Seller's equity (what you pay)
$80,744
Cash or secondary financing
Monthly savings
$226
Versus today's market rate
Est. savings per year
$3K
Versus today's market rate

About this home

This exceptional horse property is one you won't want to miss! Set on 1.2 acres, this beautiful ranch-style home offers stunning mountain views from both the front and backyard--perfect for enjoying those breathtaking sunsets. Inside, you'll find 3 bedrooms, 2 full bathrooms, vaulted ceilings, and a 2-car attached garage. The kitchen is featuring a center island with breakfast bar, walk-in pantry, built-in microwave, granite countertops, and separate storage. A small guest house adds flexibility for guests, or multi-generational living. Multiple entrances and ample space for RV or trailer parking. The backyard is a blank canvas, ready for you to design your own private oasis. Leased solar (Seller willing to pay off with the right offer!)

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 $80,744. 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
Bathrooms2
Square feet1,554
Property typeSingle Family
MLS #6984534
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)
$3,050/mo
Source est. payment (PITI)
$3,334/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$80,744

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

$0$80,744
Additional funds needed$0

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