Properties / 7103 W TURNSTONE Drive
VA ASSUMABLERate: 3.45%

7103 W TURNSTONE Drive

$530,700
Florence, AZ 85132
2 beds3 baths2,553 sqftSingle Family
The assumable advantage
3.45%
VA assumed rate
$57,833 interest already paid off
Estimated Loan Balance$242,311
Cash to close$288,939
Est. Monthly PITI$1,727
Initial Loan Amount$279,375
Time on site22 days
Remaining Term23 years, 7 months
Seller's equity (what you pay)
$288,389
Cash or secondary financing
Monthly savings
$1,878
Versus today's market rate
Est. savings per year
$23K
Versus today's market rate

About this home

LIFE IS SIMPLY BETTER AT SUN CITY! This immaculate JOURNEY will impress you w/ the inlaid tiled entry, Plantation Shutters, diagonal tile flooring, setting the tone for the quality & attention to detail & upgrades thru-out! The heart of the home is the Chef Lux kitchen w/ bowed dining room window, designed for everyday living & entertaining, featuring granite counters, tile b/splash, white cabinetry, dbl pull-out shelves, soft close, gas cooktop, Butler's pantry & walk-in pantry. The primary ensuite is fully upgraded w/new carpet, tile walk-in shower, dbl vanities, makeup vanity & walk-in closet. Guest quarters w/ private living area, bedroom & 3/4 bath PLUS Den w/ Glass French Doors complete the home. RARE FULL 3RD CAR GARAGE! Ext. paver patio & front courtyard enhances Arizona living!!!

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 $288,389. 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
Bathrooms3
Square feet2,553
Property typeSingle Family
MLS #7069155
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)
$1,252/mo
Source est. payment (PITI)
$1,727/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$288,389

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

$0$288,389
Additional funds needed$0

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