Properties / 1050 E BAYLOR Lane
VA ASSUMABLERate: 3.13%

1050 E BAYLOR Lane

$805,000
Chandler, AZ 85225
4 beds3 baths2,957 sqftSingle Family
The assumable advantage
3.13%
VA assumed rate
$50,692 interest already paid off
Estimated Loan Balance$247,340
Cash to close$557,660
Est. Monthly PITI$1,660
Initial Loan Amount$284,530
Time on site25 days
Remaining Term24 years
Seller's equity (what you pay)
$557,660
Cash or secondary financing
Monthly savings
$3,525
Versus today's market rate
Est. savings per year
$42K
Versus today's market rate

About this home

Wait until you see this home! Such tasteful elegance! Absolutely amazing remodel with a kitchen to die for! Large island + a breakfast nook with the most beautiful morning light! Brand new shaker cabinets, New quartz counter, New kitchen appliances, New range hood, Coffee bar with quartz counter, New flooring throughout entire home, Fresh paint throughout the house, New primary bathroom vanity with double sinks and a quartz counter. All new shower with modern glass enclosure. New faucets and fixtures in all the bathrooms...so many designer touches! Primary bedroom is downstairs, 3 bedrooms and a huge loft are upstairs. The backyard has a private pool and lush grassy area as well as an RV gate and fenced storage area. Do not miss this home. You are going to want to see it!

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 $557,660. 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 feet2,957
Property typeSingle Family
MLS #7067552
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)
$1,222/mo
Source est. payment (PITI)
$1,660/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$557,660

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

$0$557,660
Additional funds needed$0

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