Properties / 294 S JEFFERSON Street
VA ASSUMABLERate: 6.16%

294 S JEFFERSON Street

$455,000
Wickenburg, AZ 85390
4 beds3 baths2,009 sqftSingle Family
The assumable advantage
6.16%
VA assumed rate
$17,189 interest already paid off
Estimated Loan Balance$418,366
Cash to close$37,882
Est. Monthly PITI$2,793
Initial Loan Amount$420,000
Time on site50 days
Remaining Term29 years, 5 months
Seller's equity (what you pay)
$36,634
Cash or secondary financing
Monthly savings
$114
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Come take a look at this BEAUTIFUL home! No HOA! Perfect for a large family or Airbnb. Close proximity to downtown. 4 bedrooms, 3 full bath. Large Mother-n-law suite w/ oversize bathroom, walk-in closet and separate exit to backyard. Relax in your family room by a beautiful rock fireplace. Gourmet kitchen with an abundance of cabinets & granite counters. Enjoy the Arizona room, fully enclosed w/ a built in bar and lots of room to entertain. Enclosed backyard, raised garden beds in your very own garden area. Storage shed. Mature landscaping.

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 $36,634. 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 feet2,009
Property typeSingle Family
MLS #7050244
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)
$2,569/mo
Source est. payment (PITI)
$2,793/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$36,634

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

$0$36,634
Additional funds needed$0

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