Properties / 1963 E HARNESS Lane
VA ASSUMABLERate: 3.99%

1963 E HARNESS Lane

$574,999
San Tan Valley, AZ 85140
5 beds5 baths3,131 sqftSingle Family
The assumable advantage
3.99%
VA assumed rate
$26,728 interest already paid off
Estimated Loan Balance$497,500
Cash to close$77,499
Est. Monthly PITI$2,601
Initial Loan Amount$507,990
Time on site8 days
Remaining Term28 years, 9 months
Seller's equity (what you pay)
$77,499
Cash or secondary financing
Monthly savings
$965
Versus today's market rate
Est. savings per year
$12K
Versus today's market rate

About this home

Better than new! This stunning 2025-built San Tan Valley home features approximately $120K in upgrades. Including a resort-style pool and professionally landscaped backyard. Premium North/South facing lot with no rear neighbors, backing to the greenbelt with privacy fencing and scenic desert/mountain views. Upgraded interior features 9' ceilings, Shaw tile, granite countertops, white cabinetry, GE stainless appliances, and a spacious owner's suite. Prime location near Queen Creek, hiking, shopping, dining, entertainment, and highly rated schools. Assumable VA loan at an exceptional 3.99% rate may be available to a qualified VA buyer. Extensive upgrades, private lot, pool, and premium location-without the wait or expense of a new construction.

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 $77,499. 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
Bathrooms5
Square feet3,131
Property typeSingle Family
MLS #7074961
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)
$2,426/mo
Source est. payment (PITI)
$2,601/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$77,499

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

$0$77,499
Additional funds needed$0

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