Properties / 6862 E San Cristobal Way
VA ASSUMABLERate: 6.33%

6862 E San Cristobal Way

$557,500
Gold Canyon, AZ 85118
3 beds2 baths1,897 sqftSingle Family
The assumable advantage
6.33%
VA assumed rate
$117,391 interest already paid off
Estimated Loan Balance$518,547
Cash to close$39,576
Est. Monthly PITI$3,749
Initial Loan Amount$540,991
Time on site21 days
Remaining Term26 years, 6 months
Seller's equity (what you pay)
$38,953
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

NEW roof, NEW A/C, NEW water heater, NEW water softener. This beautifully upgraded home has Solar that is completely paid off. large great room with lots of room to entertain.. The kitchen is gorgeous with quartz countertops and an island, beautiful subway back splash compliments the white shaker cabinets. All of the Stainless Steel appliances stay, including the fridge. The primary bedroom has a separate room for an office, nursery, den, or whatever use you may have. The bathroom has a quartz vanity, Walk in shower with rain shower head. The separate tub is a pedestal upgrade. The sliders lead you out to the beautiful yard with views of the Superstition Mountains . The view fencing allows a view of the dessert and the Majestic Superstitions. Gold Canyon is a community that sits at the base of the Superstition Mountains, it is close enough to freeways, shopping, golf and other recreational activities including lakes and hiking. It is so nice to have access to the Community Pool, without having to care for it. Lock and go! Perfect for winter visitors or full time residence.

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 $38,953. 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 feet1,897
Property typeSingle Family
MLS #7069696
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)
$3,367/mo
Source est. payment (PITI)
$3,749/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$38,953

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

$0$38,953
Additional funds needed$0

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