Properties / 312 N PIONEER Trail
VA ASSUMABLERate: 5.27%

312 N PIONEER Trail

$400,000
Payson, AZ 85541
3 beds2 baths1,358 sqftSingle Family
The assumable advantage
5.27%
VA assumed rate
$76,673 interest already paid off
Estimated Loan Balance$338,071
Cash to close$62,437
Est. Monthly PITI$2,322
Initial Loan Amount$360,000
Time on site22 days
Remaining Term25 years, 10 months
Seller's equity (what you pay)
$61,929
Cash or secondary financing
Monthly savings
$361
Versus today's market rate
Est. savings per year
$4K
Versus today's market rate

About this home

There's a lot to love about this comfortable Payson home! Featuring 3 bedrooms, 2 bathrooms, and approximately 1,407 sq. ft., the split floor plan offers privacy and a practical layout for everyday living. The .18-acre property includes a 2-car garage and RV parking, providing valuable extra space for vehicles, toys, or weekend adventures. Located in Trailwood, you'll enjoy the convenience of being close to town while having easy access to the outdoor recreation that makes Payson such a special place. Perfect as a primary residence or mountain retreat.

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 $61,929. 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 feet1,358
Property typeSingle Family
MLS #7069169
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)
$1,998/mo
Source est. payment (PITI)
$2,322/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$61,929

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

$0$61,929
Additional funds needed$0

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