Properties / 18131 W PASADENA Avenue
VA ASSUMABLERate: 6.49%

18131 W PASADENA Avenue

$480,000
Litchfield Park, AZ 85340
3 beds2 baths1,974 sqftSingle Family
The assumable advantage
6.49%
VA assumed rate
$56,280 interest already paid off
Estimated Loan Balance$447,991
Cash to close$32,473
Est. Monthly PITI$3,206
Initial Loan Amount$457,174
Time on site32 days
Remaining Term28 years, 1 month
Seller's equity (what you pay)
$32,009
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

Welcome to your beautiful new home located in Litchfield! Featuring 3 bedrooms, 2 bathrooms, and an updated backyard, this 2023 build has been barely lived in. Enjoy a fantastic location and a space that feels like new. The backyard is all green with low maintenance artificial grass. Must see.

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 $32,009. 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 feet1,974
Property typeSingle Family
MLS #7064624
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)
$2,893/mo
Source est. payment (PITI)
$3,206/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$32,009

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

$0$32,009
Additional funds needed$0

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