Properties / 20520 W COLLEGE Drive
VA ASSUMABLERate: 2.77%

20520 W COLLEGE Drive

$735,000
Buckeye, AZ 85396
2 beds3 baths2,105 sqftSingle Family
The assumable advantage
2.77%
VA assumed rate
$54,053 interest already paid off
Estimated Loan Balance$329,843
Cash to close$409,765
Est. Monthly PITI$2,055
Initial Loan Amount$372,581
Time on site50 days
Remaining Term24 years, 5 months
Seller's equity (what you pay)
$405,157
Cash or secondary financing
Monthly savings
$2,785
Versus today's market rate
Est. savings per year
$33K
Versus today's market rate

About this home

Discover your Arizona dream lifestyle in Victory at Verrado, the award-winning 55+ community designed for those who love to live, play, and connect. This beautifully cared-for 2-bedroom, 2-bath home with a versatile den offers an inviting open layout that's perfect for entertaining or relaxing in comfort. The bright, thoughtfully designed kitchen features modern finishes and a brand-new dishwasher for peace of mind. Step outdoors to enjoy mountain views and evening sunsets, or head to your private golf cart garage--ideal for your cart, motorcycle, or extra hobby space. Savings meet sustainability with solar panels that will be paid off prior to close of escrow, keeping your energy costs pleasantly low. Living in Victory means having it all: championship golf, resort-style pools... fitness and social clubs, and endless walking trails--plus the friendly, welcoming atmosphere that makes this community truly special. Come see how easy it is to fall in love with life in Victory at Verrado! Note *Seller will pay off Solar at close of escrow.

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 $405,157. 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

Bedrooms2
Bathrooms3
Square feet2,105
Property typeSingle Family
MLS #7006830
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)
$1,550/mo
Source est. payment (PITI)
$2,055/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$405,157

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

$0$405,157
Additional funds needed$0

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