Properties / 12136 W Tether Trail
VA ASSUMABLERate: 3.42%

12136 W Tether Trail

$469,000
Peoria, AZ 85383
4 beds3 baths2,117 sqftSingle Family
The assumable advantage
3.42%
VA assumed rate
$83,147 interest already paid off
Estimated Loan Balance$207,709
Cash to close$261,892
Est. Monthly PITI$1,534
Initial Loan Amount$268,257
Time on site50 days
Remaining Term19 years, 11 months
Seller's equity (what you pay)
$261,291
Cash or secondary financing
Monthly savings
$1,566
Versus today's market rate
Est. savings per year
$19K
Versus today's market rate

About this home

This incredible move-in ready home has been meticulously cared for, with thoughtful upgrades throughout that today's buyers are looking for. Enjoy energy savings with the Tesla Solar Power system equipped with two power walls, plus year-round comfort from a brand new 5-ton AC unit. (Installed July of 2026) Out back, you'll find a true entertainers setup equipped with a full length covered patio, bistro lighting and a perfectly situated gas fire pit, creating the perfect atmosphere for family gatherings.

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 $261,291. 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 feet2,117
Property typeSingle Family
MLS #7056819
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)
$1,200/mo
Source est. payment (PITI)
$1,534/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$261,291

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

$0$261,291
Additional funds needed$0

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