Properties / 28636 N 21ST Lane
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VA ASSUMABLERate: 3.81%

28636 N 21ST Lane

$575,000
Phoenix, AZ 85085
4 beds3 baths2,045 sqftSingle Family
The assumable advantage
3.81%
VA assumed rate
$61,880 interest already paid off
Estimated Loan Balance$133,631
Cash to close$440,987
Est. Monthly PITI$1,157
Initial Loan Amount$173,148
Time on site0 days
Remaining Term19 years, 7 months
Seller's equity (what you pay)
$441,369
Cash or secondary financing
Monthly savings
$2,583
Versus today's market rate
Est. savings per year
$31K
Versus today's market rate

About this home

Welcome to this inviting north Phoenix residence where refined comfort, thoughtful design, and resort-style outdoor living come together beautifully. Set within the desirable Dynamite Mountain Ranch community, this impressive 4 bedroom, 3-bath home offers approximately 2045 square feet of beautifully appointed living space designed for both outdoor living and effortlessly entertaining. Step inside to a bright, welcoming interior featuring granite countertops, breakfast nook, pantry and generous living space. The living space includes 2 separate living/ family areas. Step outside to a sparkling swimming pool and spacious backyard where weekends can unfold poolside, evenings can be spent dining under the open sky, and guests can gather comfortably. Low-maintenance desert ....cont Landscaping complements the outdoor setting and helps make Arizona living simple to enjoy. Additional features include a two-car garage, block fencing, central air conditioning, programmable thermostat, tile roof and established desert landscaping. Set in Dynamite Mountain Ranch the home offers a convenient North Phoenix location near shopping, dining entertainment, major transportation routes, and the surrounding Sonoran Desert. With its versatile floor plan, refreshing pool, and appealing North Phoenix setting, this home offers a comfortable place to live, entertain, and enjoy the outdoors.

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 $441,369. 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

Bedrooms4
Bathrooms3
Square feet2,045
Property typeSingle Family
MLS #7079366
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)
$808/mo
Source est. payment (PITI)
$1,157/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$441,369

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

$0$441,369
Additional funds needed$0

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