Properties / 1499 E ANNA Drive
VA ASSUMABLERate: 3.96%

1499 E ANNA Drive

$375,000
Casa Grande, AZ 85122
3 beds2 baths2,177 sqftSingle Family
The assumable advantage
3.96%
VA assumed rate
$60,184 interest already paid off
Estimated Loan Balance$83,148
Cash to close$293,417
Est. Monthly PITI$837
Initial Loan Amount$123,200
Time on site50 days
Remaining Term15 years, 6 months
Seller's equity (what you pay)
$291,852
Cash or secondary financing
Monthly savings
$1,612
Versus today's market rate
Est. savings per year
$19K
Versus today's market rate

About this home

This spacious single-level home is truly move-in ready with fresh paint, new carpet, and major appliances included. 3 bedrooms plus a versatile den, 2 baths with a convenient walk-in shower in the master. Entertaining or family time is easy with a formal dining room for sit-downs and a breakfast bar off the family room for game day or brunch. Ceiling fans in every room, comfortable in every corner of the house. Established landscaping and watering system for year-round Arizona living. The expansive backyard is large and low-maintenance, offering room for a refreshing pool, a thriving garden, a shed, or even a designated area to store all your ATVs. This spacious, single level home is ideally situated within the highly desirable Ironwood Commons subdivision, offering the convenience of being close to an array of amenities, a variety of dining options, and the local hospital.

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 $291,852. 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
Bathrooms2
Square feet2,177
Property typeSingle Family
MLS #7018693
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)
$599/mo
Source est. payment (PITI)
$837/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$291,852

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

$0$291,852
Additional funds needed$0

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