Properties / 6234 N 88TH Lane
VA ASSUMABLERate: 6.15%

6234 N 88TH Lane

$425,000
Glendale, AZ 85305
3 beds2 baths1,717 sqftSingle Family
The assumable advantage
6.15%
VA assumed rate
$57,839 interest already paid off
Estimated Loan Balance$262,458
Cash to close$162,542
Est. Monthly PITI$2,005
Initial Loan Amount$274,540
Time on site0 days
Remaining Term26 years, 6 months
Seller's equity (what you pay)
$162,542
Cash or secondary financing
Monthly savings
$831
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

Fall in love with this charming home with a POOL & SPA in Glendale! NO HOA! Featuring 3 beds, 2 baths, a low-maintenance front yard, inviting front porch, 2-car garage & RV gate. Inside, you'll find vaulted ceilings, tons of natural light, a neutral palette, wood-look & tile floors throughout, and a spacious living area. Further in, the family room flows seamlessly into the eat-in kitchen, creating a fresh & airy feel. The kitchen is equipped with plenty of white cabinetry and counter space, stainless steel appliances, a center island w/breakfast bar, and a breakfast nook. A versatile double-door den can be a home office or flex space. The perfectly sized main bedroom offers direct backyard access and includes a walk-in closet and a private bath with dual sinks and a separate tub & shower. The backyard oasis is complete with a covered patio, separate paver seating area, storage shed, a grassy area, an above-ground spa under a gazebo, and a sparkling pool, ideal for relaxing or year-round entertaining. Enjoy a prime West Glendale location near State Farm Stadium, Westgate Entertainment District & Desert Diamond Arena, with convenient access to Loop 101, shopping & dining. Don't miss this gem!

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 $162,542. 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 feet1,717
Property typeSingle Family
MLS #7078676
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)
$1,675/mo
Source est. payment (PITI)
$2,005/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$162,542

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

$0$162,542
Additional funds needed$0

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