Properties / 1234 MARCHBANKS Drive
VA ASSUMABLERate: 3.23%

1234 MARCHBANKS Drive

$378,000
Sierra Vista, AZ 85635
4 beds2 baths2,042 sqftSingle Family
The assumable advantage
3.23%
VA assumed rate
$53,828 interest already paid off
Estimated Loan Balance$254,202
Cash to close$123,798
Est. Monthly PITI$1,571
Initial Loan Amount$292,473
Time on site0 days
Remaining Term23 years, 11 months
Seller's equity (what you pay)
$123,798
Cash or secondary financing
Monthly savings
$956
Versus today's market rate
Est. savings per year
$11K
Versus today's market rate

About this home

CLEAN, CLEAN AND PRIDE OF OWNERSHIP ON THIS HOME FOR SALE!!! Welcome to this spacious 4-bedroom, 2-bath home, with a 3 car garage, open floor plan and upgrades throughout, OVER 2000 sqft. of comfortable living space. Situated on a large lot, this home provides plenty of room for everyday living, entertaining, and storage. The versatile floor plan offers four bedrooms for family, guests, or a home office, while the 3-car garage provides exceptional parking, workspace options and epoxy. Conveniently located near shopping, dining, schools, and Fort Huachuca, this home combines comfort, functionality, and convenience. Come discover all that this Sierra Vista property has to offer!

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 $123,798. 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
Bathrooms2
Square feet2,042
Property typeSingle Family
MLS #7079256
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)
$1,273/mo
Source est. payment (PITI)
$1,571/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$123,798

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

$0$123,798
Additional funds needed$0

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