Properties / 16180 N 158TH Avenue
VA ASSUMABLERate: 6.34%

16180 N 158TH Avenue

$563,000
Surprise, AZ 85374
3 beds3 baths2,588 sqftSingle Family
The assumable advantage
6.34%
VA assumed rate
$105,118 interest already paid off
Estimated Loan Balance$503,714
Cash to close$62,757
Est. Monthly PITI$3,515
Initial Loan Amount$520,000
Time on site50 days
Remaining Term26 years, 10 months
Seller's equity (what you pay)
$59,286
Cash or secondary financing
Monthly savings
$62
Versus today's market rate
Est. savings per year
$1K
Versus today's market rate

About this home

Desert living meets everyday comfort in this beautifully maintained Mountain Vista Ranch home! From the moment you arrive, the stone-accented exterior and 3-car garage set the tone. Inside, soaring ceilings and expansive living areas create an open, light-filled feel. The kitchen features granite counters, stainless steel appliances, and a center island perfect for gathering. Upstairs offers flexible space for work or play, while the spacious primary suite provides a private retreat. Step outside to your resort-style backyard--sparkling pool, covered patio, pergola, and built-in BBQ--ideal for unforgettable entertaining. Convenient freeway access near shopping, dining, and parks.

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 $59,286. 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

Bedrooms3
Bathrooms3
Square feet2,588
Property typeSingle Family
MLS #6989250
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)
$3,258/mo
Source est. payment (PITI)
$3,515/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$59,286

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

$0$59,286
Additional funds needed$0

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