Properties / 8311 N 186TH Lane
VA ASSUMABLERate: 6.69%

8311 N 186TH Lane

$890,000
Waddell, AZ 85355
3 beds3 baths2,398 sqftSingle Family
The assumable advantage
6.69%
VA assumed rate
$146,109 interest already paid off
Estimated Loan Balance$664,735
Cash to close$230,277
Est. Monthly PITI$4,777
Initial Loan Amount$684,138
Time on site50 days
Remaining Term26 years, 10 months
Seller's equity (what you pay)
$225,265
Cash or secondary financing
Monthly savings
$801
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

This exceptional White Tank Foothills home brings together thoughtful upgrades, smart technology, built in 7.2 surround sound ceiling speakers in the great room and 5.1 surround sound in flex room with additional ceiling speakers in the kitchen and patio. RV-ready infrastructure, and a backyard designed for everyday living. Thoughtfully upgraded beyond standard builder features, this home delivers modern comfort and functionality throughout. The interior showcases upgraded 42-inch cabinetry, quartz countertops throughout the entire home, a gourmet kitchen package, architectural shiplap accents, French doors in the flex room, and beautifully designed super shower in main bedroom and walk-in shower in guest bathroom, enhanced by rain shower features and glass enclosures

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 $225,265. 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
Bathrooms3
Square feet2,398
Property typeSingle Family
MLS #6977278
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)
$4,448/mo
Source est. payment (PITI)
$4,777/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$225,265

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

$0$225,265
Additional funds needed$0

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