Properties / 19043 N 98TH Lane
VA ASSUMABLERate: 2.98%

19043 N 98TH Lane

$399,900
Peoria, AZ 85382
2 beds2 baths1,304 sqftSingle Family
The assumable advantage
2.98%
VA assumed rate
$37,499 interest already paid off
Estimated Loan Balance$250,725
Cash to close$149,175
Est. Monthly PITI$1,433
Initial Loan Amount$279,000
Time on site11 days
Remaining Term25 years, 4 months
Seller's equity (what you pay)
$149,175
Cash or secondary financing
Monthly savings
$1,182
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

Updated, Move In ready Home on Cul-de-Sac! 2 Bedrooms, 2 Baths, 2 Car Garage with Golf Cart Storage! Remodeled Kitchen (2021 & 2023) with New Cabinetry with Roll Outs, New Quartz Counters, New Stainless Steel Appliances, Outlets w/USB Ports Kitchen & Master, New, Energy Efficient Windows in 2021, New Hot Water Heater in 2025, Newer Ceiling Fans and LED Lighting Fixtures! This Home also features an Updated Shower and Vanity in the Master, Updated Vanity in 2nd Bath, and Walk-In Closets in Both Bedrooms, and Linen Closet! Other Highlights include Extra Insulation in Attic and Garage, a Mini Split in the Garage, and Newer Laminate flooring! The spacious Back Yard includes fruit trees, grass, a Built In Barbeque, Newer Block/Stucco Perimeter Wall, and Firepit with Patio Furnishings included! Westbrook Village is a Premier Active Adult Community with 2 Clubhouses with Pools and Spas, Two Golf Courses, Tennis, Pickleball, Workout Facility, and a multitude of Clubs and Activities! Welcome Home!

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 $149,175. 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 feet1,304
Property typeSingle Family
MLS #7069445
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)
$1,176/mo
Source est. payment (PITI)
$1,433/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$149,175

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

$0$149,175
Additional funds needed$0

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