Properties / 14911 W PORT ROYALE Lane
VA ASSUMABLERate: 6.85%

14911 W PORT ROYALE Lane

$385,000
Surprise, AZ 85379
3 beds2 baths1,597 sqftSingle Family
The assumable advantage
6.85%
VA assumed rate
$37,457 interest already paid off
Estimated Loan Balance$342,863
Cash to close$42,137
Est. Monthly PITI$2,519
Initial Loan Amount$348,094
Time on site21 days
Remaining Term28 years, 6 months
Seller's equity (what you pay)
$42,137
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

This Stunning open concept home sits in a community with 3 pools and great parks. The home is 3 bedrooms, 2 full baths, with a den which is currently a playroom. Spacious kitchen includes stainless appliances, farm sink and a large island & b'kfast bar. Neutral colors throughout make this an easy move in! The backyard is a low up-keep getaway featuring a large covered patio, & whimsical floating sails over the green and easy kurapia grass. Amazing location near schools, shopping and again THREE pools, play areas and lots of green space & walking paths for the outdoor enthusiasts. Please come for a tour. You'll be glad you did! (See upgrades and updates sheet on docs tab)

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 $42,137. 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 feet1,597
Property typeSingle Family
MLS #7069118
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)
$2,283/mo
Source est. payment (PITI)
$2,519/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$42,137

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

$0$42,137
Additional funds needed$0

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