Properties / 2334 W AUGUSTA Avenue
VA ASSUMABLERate: 6.82%

2334 W AUGUSTA Avenue

$650,000
Phoenix, AZ 85021
4 beds3 baths1,933 sqftSingle Family
The assumable advantage
6.82%
VA assumed rate
$84,937 interest already paid off
Estimated Loan Balance$547,263
Cash to close$102,737
Est. Monthly PITI$3,991
Initial Loan Amount$560,000
Time on site7 days
Remaining Term27 years, 10 months
Seller's equity (what you pay)
$102,737
Cash or secondary financing
Monthly savings
$171
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

A RARE PHOENIX OPPORTUNITY! This beautifully remodeled, single-level home combines modern comfort with an oversized lot, a highly convenient location, and no HOA. This wonderful home sits on approximately 17,500 sq ft, offering an abundance of space both inside and out. Thoughtfully updated floor plan includes new flooring, windows, roof, AC system, paint, lighting, fixtures, and more. It features 4 generously sized bedrooms, a versatile office/den, and 3 full bathrooms, with stylish finishes. The Chef's Kitchen, redesigned with premium cabinetry, high-end appliances, and a functional layout makes preparing meals and entertaining a pleasure. Enjoy AZ summers in the large swimming pool, then take advantage of the expansive backyard to create the outdoor space you've always envisioned. Additional storage or parking flexibility available, as the property features a wide side gate with RV access. The extended-length 2-car garage is also EV-charging ready. Conveniently located near the freeway, shopping, dining, entertainment, and everything the surrounding Phoenix area has to offer. The property is also R-3 zoned through the City of Phoenix, providing additional versatility and potential.

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 $102,737. 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

Bedrooms4
Bathrooms3
Square feet1,933
Property typeSingle Family
MLS #7075691
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)
$3,662/mo
Source est. payment (PITI)
$3,991/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$102,737

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

$0$102,737
Additional funds needed$0

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