Properties / 8655 N FARVIEW Drive
VA ASSUMABLERate: 3.21%

8655 N FARVIEW Drive

$1,795,000
Scottsdale, AZ 85258
4 beds4 baths2,770 sqftSingle Family
The assumable advantage
3.21%
VA assumed rate
$188,111 interest already paid off
Estimated Loan Balance$1,241,724
Cash to close$555,865
Est. Monthly PITI$6,407
Initial Loan Amount$1,365,000
Time on site36 days
Remaining Term25 years, 7 months
Seller's equity (what you pay)
$553,276
Cash or secondary financing
Monthly savings
$4,651
Versus today's market rate
Est. savings per year
$56K
Versus today's market rate

About this home

Tucked away right between Gainey Ranch & McCormick Ranch on a quiet cul de sac lies this enchanting 2770 sq ft Ranch 4 BR, 3 .5 BA. Totally remodeled in 2021 this open concept light and airy home has raised ceilings & wide plank French oak floors throughout. Spacious Santa Barbara style kitchen with amazing island, quartz countertops, commercial grade appliances & breakfast area. Primary Bedroom has his & hers closets. Large 2nd Bedroom ensuite. Lush private backyard w/pool. Secret Pathway to the Hyatt. Oversized 2 car garage w/Epoxy floors & electric car voltage line drop. Located In the highly rated ''3C'' school district. Close to amazing shopping dining, golf & walking/biking paths.! Adjacent to some of the most significant homes in Gainey Ranch'' This one should not be missed

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 $553,276. 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
Bathrooms4
Square feet2,770
Property typeSingle Family
MLS #7063099
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)
$5,935/mo
Source est. payment (PITI)
$6,407/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$553,276

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

$0$553,276
Additional funds needed$0

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