Properties / 1896 W CENTRAL Avenue
VA ASSUMABLERate: 5.22%

1896 W CENTRAL Avenue

$249,900
Coolidge, AZ 85128
3 beds2 baths1,592 sqftSingle Family
The assumable advantage
5.22%
VA assumed rate
$69,152 interest already paid off
Estimated Loan Balance$328,676
Cash to close$0
Est. Monthly PITI$2,185
Initial Loan Amount$348,101
Time on site48 days
Remaining Term26 years, 2 months
Seller's equity (what you pay)
$0
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Fall in love with this desirable corner-lot home in the Heartland Ranch Community! Featuring a low-maintenance front yard, 3 beds, 2 baths, a 3-car tandem garage, & an RV gate. Inside, an excellent open-layout floor plan features high ceilings, tons of natural light, a neutral palette, tile floors & plush carpet in the right places. The welcoming living area is paired with sliding doors to the back. Formal dining area! The impressive kitchen is equipped with a pantry, recessed lighting, dark cabinets, granite counters, and an island w/breakfast bar. The sizable primary bedroom has a private bathroom with dual sinks & a walk-in closet. Plus a large laundry room with built-in shelves. The spacious backyard offers a covered patio, perfect for relaxing and entertaining. Don't miss this chance!

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 $0. 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
Bathrooms2
Square feet1,592
Property typeSingle Family
MLS #7058552
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)
$1,921/mo
Source est. payment (PITI)
$2,185/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.