Properties / 8672 W ADAM Avenue
VA ASSUMABLERate: 6.32%

8672 W ADAM Avenue

$598,999
Peoria, AZ 85382
4 beds3 baths2,417 sqftSingle Family
The assumable advantage
6.32%
VA assumed rate
$105,087 interest already paid off
Estimated Loan Balance$476,562
Cash to close$122,437
Est. Monthly PITI$3,455
Initial Loan Amount$496,631
Time on site14 days
Remaining Term26 years, 8 months
Seller's equity (what you pay)
$122,437
Cash or secondary financing
Monthly savings
$448
Versus today's market rate
Est. savings per year
$5K
Versus today's market rate

About this home

Beautiful two-story home offering comfort, privacy & resort-style living! Excellent curb appeal with fresh exterior paint, mature shade-producing landscaping, RV gate, 3-car garage & parking for up to 6 vehicles on the driveway. Inside, enjoy vaulted ceilings, tile flooring, living/dining area, den, designer paint & abundant natural light. The family room features a cozy fireplace. The eat-in kitchen offers granite counters, wood cabinetry, pantry, SS appliances & center island. Spacious primary suite includes dual sinks, separate tub/shower & walk-in closet. Private backyard has no homes behind or to the west and features a covered patio, built-in BBQ, sparkling pool with boulder waterfall & hot tub. Approx. 1 block from grade & high schools, minutes from shopping, dining & freeways!

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 $122,437. 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
Bathrooms3
Square feet2,417
Property typeSingle Family
MLS #7072483
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)
$3,084/mo
Source est. payment (PITI)
$3,455/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$122,437

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

$0$122,437
Additional funds needed$0

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