Properties / 1947 N 77TH Glen
VA ASSUMABLERate: 2.96%

1947 N 77TH Glen

$310,000
Phoenix, AZ 85035
3 beds4 baths1,383 sqftSingle Family
The assumable advantage
2.96%
VA assumed rate
$46,228 interest already paid off
Estimated Loan Balance$284,932
Cash to close$25,708
Est. Monthly PITI$1,676
Initial Loan Amount$320,000
Time on site43 days
Remaining Term24 years, 11 months
Seller's equity (what you pay)
$25,068
Cash or secondary financing
Monthly savings
$480
Versus today's market rate
Est. savings per year
$6K
Versus today's market rate

About this home

2.9% VA ASSUMABLE LOAN OPPORTUNITY! VA-eligible buyers, take a look! This move-in ready 3-bedroom, 3.5-bath, 3-story home is now offered at $310,000 following a $5K price improvement. Qualified VA buyers may have the opportunity to assume the seller's existing VA loan at an attractive 2.9% interest rate, subject to lender and VA approval. Enjoy a 2-car garage, whole-home water filtration system, and a convenient location just minutes from Topgolf, Buc-ee's, and the upcoming Cooper's Hawk Winery & Restaurant near 107th Ave & McDowell. Ask your agent about the VA loan assumption opportunity and schedule your showing today!

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 $25,068. 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
Bathrooms4
Square feet1,383
Property typeSingle Family
MLS #7060050
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)
$1,348/mo
Source est. payment (PITI)
$1,676/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$25,068

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

$0$25,068
Additional funds needed$0

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