Properties / 4622 S QUIET Way
VA ASSUMABLERate: 3.31%

4622 S QUIET Way

$725,000
Gilbert, AZ 85297
3 beds3 baths2,408 sqftSingle Family
The assumable advantage
3.31%
VA assumed rate
$73,217 interest already paid off
Estimated Loan Balance$334,987
Cash to close$392,286
Est. Monthly PITI$2,146
Initial Loan Amount$383,025
Time on site50 days
Remaining Term23 years, 10 months
Seller's equity (what you pay)
$390,013
Cash or secondary financing
Monthly savings
$2,581
Versus today's market rate
Est. savings per year
$31K
Versus today's market rate

About this home

Welcome home to this beautifully maintained property in the highly sought-after Layton Lakes community! Offered by the original owners, this home showcases true pride of ownership throughout. Step inside to discover a spacious open-concept floor plan designed for both everyday living and effortless entertaining. The oversized den offers incredible flexibility as a home office, playroom, media room, or additional living space. The bright and inviting kitchen flows seamlessly into the living and dining areas, creating the perfect gathering place for family and friends. Outside, you'll find your own private retreat featuring a sparkling saltwater pool, ideal for cooling off during Arizona summer. The whimsical backyard sits on an oversized lot and offers plenty of room to relax, play, and entertain. Enjoy peaceful mornings and beautiful evenings under the covered patio, which backs to green space for added privacy and serene views. This exceptional home combines comfort, efficiency, and an unbeatable location in one of the area's most desirable neighborhoods.

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 $390,013. 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 feet2,408
Property typeSingle Family
MLS #7043700
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)
$1,695/mo
Source est. payment (PITI)
$2,146/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$390,013

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

$0$390,013
Additional funds needed$0

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