Properties / 7185 E Knighthood Lane
VA ASSUMABLERate: 3%

7185 E Knighthood Lane

$399,000
Williams, AZ 86046
2 beds1 baths sqftSingle Family
The assumable advantage
3%
VA assumed rate
$36,589 interest already paid off
Estimated Loan Balance$185,182
Cash to close$213,818
Est. Monthly PITI$1,196
Initial Loan Amount$215,357
Time on site6 days
Remaining Term23 years
Seller's equity (what you pay)
$213,818
Cash or secondary financing
Monthly savings
$1,423
Versus today's market rate
Est. savings per year
$17K
Versus today's market rate

About this home

Welcome to the exclusive Sherwood Forest Estates area! This gem of a cabin nestled in the tall Ponderosa pines has been immaculately loved and maintained. A beautiful log sided cabin with a loft, vaulted ceilings, covered deck, and a metal roof. Great for family retreats or a short-term rental. Owner will consider leaving all furnishings for you to enjoy from day one!

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 $213,818. 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

Bedrooms2
Bathrooms1
Property typeSingle Family
MLS #205896
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)
$930/mo
Source est. payment (PITI)
$1,196/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$213,818

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

$0$213,818
Additional funds needed$0

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