Properties / 3326 E ROCKY SLOPE Drive
VA ASSUMABLERate: 3.16%

3326 E ROCKY SLOPE Drive

$850,000
Phoenix, AZ 85044
5 beds3 baths3,480 sqftSingle Family
The assumable advantage
3.16%
VA assumed rate
$55,604 interest already paid off
Estimated Loan Balance$272,513
Cash to close$581,806
Est. Monthly PITI$1,941
Initial Loan Amount$309,037
Time on site50 days
Remaining Term23 years, 11 months
Seller's equity (what you pay)
$577,487
Cash or secondary financing
Monthly savings
$3,659
Versus today's market rate
Est. savings per year
$44K
Versus today's market rate

About this home

5 BEDROOMS + DEN ON LARGE CORNER LOT WITH 3-CAR GARAGE, RV GATE & NEW A/C! PRIMARY BEDROOM DOWNSTAIRS! Fresh interior paint; dramatic stacked stone accents in living & family rooms; roof redone w/ 2 layers of underlayment. NEW TRANE HVAC installed in March 2026 w/ 10-yr warranty. Relax and entertain in your own backyard featuring pool, outdoor kitchen and extended covered patio. Backs to wash for extra privacy. Huge upstairs BR has balcony w/ mountain views - would make a nice game room, crafts room, office or home gym. Nestled in the foothills of Ahwatukee with scenic views and hiking trails. Mountain Park Ranch has 3 community pools (1 heated), tennis & pickleball courts, playgrounds and picnic areas. Top rated Kyrene Schools!

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 $577,487. 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
Bathrooms3
Square feet3,480
Property typeSingle Family
MLS #6992278
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)
$1,354/mo
Source est. payment (PITI)
$1,941/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$577,487

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

$0$577,487
Additional funds needed$0

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