Properties / 2488 Sonoma Road
VA ASSUMABLERate: 2.68%

2488 Sonoma Road

$279,000
Bullhead City, AZ 86442
3 beds2 baths1,652 sqftSingle Family
The assumable advantage
2.68%
VA assumed rate
$26,510 interest already paid off
Estimated Loan Balance$165,500
Cash to close$113,895
Est. Monthly PITI$1,061
Initial Loan Amount$189,040
Time on site36 days
Remaining Term24 years, 6 months
Seller's equity (what you pay)
$113,500
Cash or secondary financing
Monthly savings
$877
Versus today's market rate
Est. savings per year
$11K
Versus today's market rate

About this home

Enjoy the easy lifestyle you've been looking for in the desirable 55+ Mira Monte at Fox Creek community! Tucked away on a quiet cul-de-sac, this well-designed 3-bedroom, 2-bath home offers 1,652 square feet of comfortable living space with an open floor plan and a desirable split-bedroom layout that provides added privacy for the spacious primary suite. The bright and inviting living areas flow seamlessly for everyday living and entertaining, while the low-maintenance rockscaped yard gives you more time to enjoy everything the area has to offer. An attached 2-car garage provides ample storage and convenience. Ideally located with easy access to shopping, medical facilities, restaurants, and everyday conveniences. When it's time to play, you're just a short drive from Laughlin's casinos, dining, entertainment, the Colorado River, and beautiful Lake Mohave for boating, fishing, and year-round water recreation. Whether you're looking for a full-time residence or a seasonal retreat, this home offers the perfect blend of comfort, convenience, and carefree Arizona living.

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 $113,500. 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 feet1,652
Property typeSingle Family
MLS #040751
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)
$768/mo
Source est. payment (PITI)
$1,061/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$113,500

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

$0$113,500
Additional funds needed$0

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