Properties / 4012 W LYDIA Lane
VA ASSUMABLERate: 3.45%

4012 W LYDIA Lane

$495,000
Phoenix, AZ 85041
4 beds3 baths3,776 sqftSingle Family
The assumable advantage
3.45%
VA assumed rate
$63,062 interest already paid off
Estimated Loan Balance$388,774
Cash to close$107,786
Est. Monthly PITI$2,302
Initial Loan Amount$425,000
Time on site50 days
Remaining Term25 years, 7 months
Seller's equity (what you pay)
$106,226
Cash or secondary financing
Monthly savings
$1,011
Versus today's market rate
Est. savings per year
$12K
Versus today's market rate

About this home

Price Improvement! This spacious home offers 4 bedrooms, 3 full bathrooms, plus optional room that can be used as an office or additional bedroom, and a large loft upstairs proving plenty of room. The Kitchen features granite countertops and a center island. Enjoy this home and its functional living space for comfortable living and entertaining. Close to shopping and stores.

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 $106,226. 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 feet3,776
Property typeSingle Family
MLS #7036036
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)
$1,908/mo
Source est. payment (PITI)
$2,302/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$106,226

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

$0$106,226
Additional funds needed$0

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