Properties / 16736 E GLORIA Lane
VA ASSUMABLERate: 5.56%

16736 E GLORIA Lane

$1,100,000
Scottsdale, AZ 85262
5 beds4 baths3,749 sqftSingle Family
The assumable advantage
5.56%
VA assumed rate
$165,585 interest already paid off
Estimated Loan Balance$760,909
Cash to close$344,309
Est. Monthly PITI$4,937
Initial Loan Amount$797,720
Time on site50 days
Remaining Term26 years, 3 months
Seller's equity (what you pay)
$339,091
Cash or secondary financing
Monthly savings
$1,890
Versus today's market rate
Est. savings per year
$23K
Versus today's market rate

About this home

Experience refined desert living on 2 acres in serene beauty of Rio Verde, views of Four Peaks from large covered patio. Freshly painted interior (November 2025) new epoxy coated front patios (11/25). 3 car garage with extended work space. Interior showcases soaring ceilings, abundant natural light, and a seamless open layout. 5 bedrooms, 3 ensuite or the option for a private office or den with private entrance and covered patio-ideal for guests or a home based business. The primary suite features dual walk-in closets, separate vanities, jetted soaking tub, walk-in shower and direct access to the large covered patio. Step outside to embrace the Arizona lifestyle with access to miles of trails for horseback riding, hiking, biking and off-road adventures moments away from Tonto Nat Forest

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 $339,091. 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

Bedrooms5
Bathrooms4
Square feet3,749
Property typeSingle Family
MLS #7014917
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)
$4,597/mo
Source est. payment (PITI)
$4,937/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$339,091

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

$0$339,091
Additional funds needed$0

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