Properties / 27602 N DENVER HILL Drive
VA ASSUMABLERate: 3.61%

27602 N DENVER HILL Drive

$425,000
Wittmann, AZ 85361
5 beds3 baths2,278 sqftSingle Family
The assumable advantage
3.61%
VA assumed rate
$57,357 interest already paid off
Estimated Loan Balance$215,157
Cash to close$210,332
Est. Monthly PITI$1,396
Initial Loan Amount$249,438
Time on site38 days
Remaining Term23 years, 3 months
Seller's equity (what you pay)
$209,843
Cash or secondary financing
Monthly savings
$1,365
Versus today's market rate
Est. savings per year
$16K
Versus today's market rate

About this home

ASSUMABLE 3.25% VA LOAN!!! Beautifully renovated in 2018, this home blends modern updates with the freedom of country living. The inviting living room features a cozy fireplace, while the updated kitchen offers modern appliances and a walk-in pantry. A dedicated laundry room with counter space, spacious hallway closets, and brand-new carpet add everyday convenience. Outside, enjoy a brick patio perfect for entertaining, cross-fenced yards for pets or livestock, and an impressive 80' x 250' riding arena. Equestrian buyers will appreciate the proximity to local riding facilities. Additional highlights include a garage with built-in shelving, RV hookup, and leased solar with a locked-in rate.

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 $209,843. 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

Bedrooms5
Bathrooms3
Square feet2,278
Property typeSingle Family
MLS #7062315
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)
$1,141/mo
Source est. payment (PITI)
$1,396/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$209,843

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

$0$209,843
Additional funds needed$0

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