Properties / 2366 N 73RD Lane
VA ASSUMABLERate: 6.69%

2366 N 73RD Lane

$300,000
Phoenix, AZ 85035
3 beds3 baths1,579 sqftSingle Family
The assumable advantage
6.69%
VA assumed rate
$62,874 interest already paid off
Estimated Loan Balance$299,595
Cash to close$405
Est. Monthly PITI$2,330
Initial Loan Amount$310,000
Time on site20 days
Remaining Term27 years
Seller's equity (what you pay)
$405
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

Tucked inside a gated community, this well-maintained Phoenix home offers comfortable living in a convenient location. The kitchen features granite countertops, stainless steel appliances, and plenty of cabinet space. The primary suite includes dual sinks and a walk-in closet, and the upstairs laundry room provides added convenience. The home also features low-maintenance landscaping and access to the community pool. Conveniently located near shopping, dining, and major freeways, this home offers an easy-to-maintain option in a central Phoenix location.

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 $405. 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 feet1,579
Property typeSingle Family
MLS #7069921
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)
$2,000/mo
Source est. payment (PITI)
$2,330/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$405

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

$0$405
Additional funds needed$0

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