Properties / 18836 N TOLEDO Avenue
VA ASSUMABLERate: 3.97%

18836 N TOLEDO Avenue

$319,900
Maricopa, AZ 85138
4 beds2 baths1,534 sqftSingle Family
The assumable advantage
3.97%
VA assumed rate
$54,511 interest already paid off
Estimated Loan Balance$112,232
Cash to close$207,351
Est. Monthly PITI$976
Initial Loan Amount$145,000
Time on site2 days
Remaining Term19 years, 6 months
Seller's equity (what you pay)
$207,668
Cash or secondary financing
Monthly savings
$1,197
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

This freshly remodeled 4 bedroom, 2 bath property is waiting for you to call it home! Come inside & see the updated finishes throughout the home... including the flooring, paint, kitchen, & bathrooms. Both the front & back yards are beautifully landscaped with low maintenance plants & trees, but the main highlight of the backyard is the sparkling pool with a newer solar cover that will convey at closing! (Please note, the pool heater was disconnected by the prior owner & is being sold as-is; in non-working condition). The HVAC system was replaced in 2022 & water heater is only months old! Roof & underlayment were recently inspected & all repairs (4 cracked/slipped tiles) were replaced. Fridge, washer, & dryer are all included!

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 $207,668. 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

Bedrooms4
Bathrooms2
Square feet1,534
Property typeSingle Family
MLS #7076663
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)
$690/mo
Source est. payment (PITI)
$976/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$207,668

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

$0$207,668
Additional funds needed$0

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