Properties / 2515 CANDLEWOOD Drive
VA ASSUMABLERate: 6.63%

2515 CANDLEWOOD Drive

$349,900
Sierra Vista, AZ 85650
2 beds2 baths1,913 sqftSingle Family
The assumable advantage
6.63%
VA assumed rate
$19,677 interest already paid off
Estimated Loan Balance$208,326
Cash to close$141,775
Est. Monthly PITI$1,632
Initial Loan Amount$211,026
Time on site34 days
Remaining Term28 years, 8 months
Seller's equity (what you pay)
$141,574
Cash or secondary financing
Monthly savings
$708
Versus today's market rate
Est. savings per year
$8K
Versus today's market rate

About this home

Corner Lot Property in Winterhaven 55+, Gated, Retirement Community...2BR/2BA/2CG...1913SF w/extra BONUS DEN...Newer Heating & Cooling System...Welcoming Front Porch Entry w/ Mountain Views and Pretty and Manicured Exterior Landscape!!! Flagstone Walkway around to your Flagstone, Covered and Extended open Patio with Bridge to turf area for your pooches!!! Inside is lovely and spacious w/a Front Room to greet your guests, PLUS, a cozy DEN w/Gas Log Fireplace off the Kitchen and Eat-In Dining...Primary Suite is Private w/Separate Walk-in Shower and Soaking Tub, Water Closet and Larger Dual Sink Vanity w/BIG Walk-In Closet...Guest Suite has En-Suite Bath w/Walk-in Shower too!!! Ample Laundry Room w/Utility/Wash-Out Sink...Garage is Oversized w/Built-in Cabinets and Epoxy-painted Floor!!!

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 $141,574. 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

Bedrooms2
Bathrooms2
Square feet1,913
Property typeSingle Family
MLS #7064135
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)
$1,355/mo
Source est. payment (PITI)
$1,632/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$141,574

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

$0$141,574
Additional funds needed$0

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