Properties / 16825 N 14TH Street
VA ASSUMABLERate: 6.35%

16825 N 14TH Street

$404,400
Phoenix, AZ 85022
3 beds3 baths1,589 sqftSingle Family
The assumable advantage
6.35%
VA assumed rate
$73,838 interest already paid off
Estimated Loan Balance$351,254
Cash to close$53,556
Est. Monthly PITI$2,520
Initial Loan Amount$364,675
Time on site31 days
Remaining Term26 years, 10 months
Seller's equity (what you pay)
$53,146
Cash or secondary financing
Monthly savings
$111
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Fall in love with this adorable two-story townhome in Via Bellezza Condominium! Enter to find a large open floor plan that maximizes space and creates an effortless flow for everyday living and entertaining. Spotless kitchen offers a pantry, stainless steel appliances, mosaic tile backsplash, recessed lighting, abundant cabinets, granite counters, stainless steel appliances, and a center island with a breakfast bar. A powder room is located on the main level for easy accessibility. Sizable primary bedroom continues to delight with plush carpeting, a private bathroom with dual sinks, and a walk-in closet. Venture to the cozy balcony- the perfect spot to enjoy your morning coffee or unwind during relaxing afternoons. PLUS! Take advantage of the wonderful Community amenities. Don't miss out!

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 $53,146. 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 feet1,589
Property typeSingle Family
MLS #7065046
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)
$2,274/mo
Source est. payment (PITI)
$2,520/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$53,146

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

$0$53,146
Additional funds needed$0

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