Properties / 29376 N 68TH Avenue
VA ASSUMABLERate: 2.99%

29376 N 68TH Avenue

$469,000
Peoria, AZ 85383
3 beds2 baths1,636 sqftSingle Family
The assumable advantage
2.99%
VA assumed rate
$49,644 interest already paid off
Estimated Loan Balance$257,029
Cash to close$211,971
Est. Monthly PITI$1,563
Initial Loan Amount$295,872
Time on site8 days
Remaining Term24 years, 1 month
Seller's equity (what you pay)
$211,971
Cash or secondary financing
Monthly savings
$1,517
Versus today's market rate
Est. savings per year
$18K
Versus today's market rate

About this home

Beautiful 3-bedroom, 2-bath home in desirable Sonoran Mountain Ranch! Situated on a corner lot with manicured desert landscaping and a stunning mountain view from the backyard gazebo. This open, split-floor-plan home features designer-tone interior paint, an inviting living area with electric fireplace, and a stylish kitchen with rich wood cabinetry, gas range, and stainless-steel appliances. The spacious primary suite offers a luxurious ensuite with double vanity, separate shower, spa soaking tub and walk-in closet. Enjoy Arizona outdoor living with four mature fruit trees--lemon, orange, mandarin, and kumquat...adds beauty, shade, and seasonal harvests! Newly painted exterior and approx. 3-year-old A/C add to the appeal. A wonderful blend of comfort, privacy and entertaining space!

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 $211,971. 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 feet1,636
Property typeSingle Family
MLS #7075405
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)
$1,249/mo
Source est. payment (PITI)
$1,563/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$211,971

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

$0$211,971
Additional funds needed$0

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