Properties / 1103 W BIRCHWOOD Road
VA ASSUMABLERate: 3.11%

1103 W BIRCHWOOD Road

$275,000
Payson, AZ 85541
2 beds2 baths1,334 sqftSingle Family
The assumable advantage
3.11%
VA assumed rate
$25,202 interest already paid off
Estimated Loan Balance$164,719
Cash to close$110,281
Est. Monthly PITI$1,023
Initial Loan Amount$182,508
Time on site11 days
Remaining Term25 years, 5 months
Seller's equity (what you pay)
$110,281
Cash or secondary financing
Monthly savings
$840
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

.Welcome home to this clean 2-bedroom, 2-bathroom residence designed for comfortable, low-maintenance living. Inside, the spacious owner's suite features a private ensuite bathroom complete with a separate walk-in shower and a Grecian soaking tub. The chef-friendly kitchen comes equipped with a dedicated cooktop, built-in wall oven, and a functional peninsula. Everyday convenience is made easy with a large laundry room offering extra room for storage and organization. Step outside to unwind on the screened-in patio overlooking a beautiful seasonal creek with serene year-round views, complete with a 1-car attached garage for secure parking and extra storage.

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 $110,281. 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 feet1,334
Property typeSingle Family
MLS #7073455
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)
$782/mo
Source est. payment (PITI)
$1,023/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$110,281

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

$0$110,281
Additional funds needed$0

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