Properties / 341 N MARCOS Court
VA ASSUMABLERate: 5.78%

341 N MARCOS Court

$329,900
Casa Grande, AZ 85194
2 beds2 baths1,470 sqftSingle Family
The assumable advantage
5.78%
VA assumed rate
$72,574 interest already paid off
Estimated Loan Balance$289,716
Cash to close$43,310
Est. Monthly PITI$2,116
Initial Loan Amount$303,983
Time on site50 days
Remaining Term25 years, 10 months
Seller's equity (what you pay)
$40,184
Cash or secondary financing
Monthly savings
$144
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

Quiet living on this easy access cul-de-sac. Better than new 1469 sq ft, 2 bed, 2 bath with solar. Entertain with ease from an island kitchen that opens to the great room. Home includes Tahoe maple linen staggered cabinets, white Napoli granite with crescent edges, SS appliances, double shelf rollouts in bottom cabinets, tile floors throughout, 10 ft ceilings, built in desk area in kitchen, 4ft garage extension & more! Beautiful three panel glass patio doors open to the landscaped backyard. Primary suite offer separate vanities, & walk-in closet. Take advantage of the heated pool & spa, sport courts, game room, fitness center, and hobby rooms at the Mission Royale community.

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 $40,184. 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
Bathrooms2
Square feet1,470
Property typeSingle Family
MLS #6955081
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)
$1,802/mo
Source est. payment (PITI)
$2,116/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$40,184

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

$0$40,184
Additional funds needed$0

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