Properties / 9691 N 111TH Avenue
VA ASSUMABLERate: 3.95%

9691 N 111TH Avenue

$157,000
Sun City, AZ 85351
1 beds1 baths879 sqftSingle Family
The assumable advantage
3.95%
VA assumed rate
$26,992 interest already paid off
Estimated Loan Balance$72,083
Cash to close$85,267
Est. Monthly PITI$592
Initial Loan Amount$86,827
Time on site50 days
Remaining Term21 years, 6 months
Seller's equity (what you pay)
$84,917
Cash or secondary financing
Monthly savings
$511
Versus today's market rate
Est. savings per year
$6K
Versus today's market rate

About this home

Clean, comfortable, and move-in ready, this home offers the perfect amount of space for one or two people. The property has been professionally cleaned, including the carpets, making it ready for immediate occupancy. A large entertainment center is available to stay with the home or can be removed if desired.Kitchen cupboards have handy pull out shelves for easy access. Enjoy all that Sun City has to offer, with recreation centers, golf courses, fitness facilities, clubs, arts and crafts, social activities, and countless opportunities to stay active, meet new friends, and enjoy the Arizona lifestyle.

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 $84,917. 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

Bedrooms1
Bathrooms1
Square feet879
Property typeSingle Family
MLS #7047642
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)
$415/mo
Source est. payment (PITI)
$592/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$84,917

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

$0$84,917
Additional funds needed$0

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