Properties / 47806 N 27TH Avenue
VA ASSUMABLERate: 3.07%

47806 N 27TH Avenue

$659,900
New River, AZ 85087
4 beds2 baths2,546 sqftSingle Family
The assumable advantage
3.07%
VA assumed rate
$57,755 interest already paid off
Estimated Loan Balance$376,748
Cash to close$284,773
Est. Monthly PITI$2,222
Initial Loan Amount$416,807
Time on site50 days
Remaining Term25 years, 4 months
Seller's equity (what you pay)
$283,152
Cash or secondary financing
Monthly savings
$2,107
Versus today's market rate
Est. savings per year
$25K
Versus today's market rate

About this home

Gavilan Peak, the most iconic mtn in New River, is prominently showcased from nearly every window of this beautiful New River home! Unobstructed sight lines to the western horizon also provide amazing AZ sunsets! The home is a split floorplan, kitchen features raised panel hickory cabinets and granite counters, extended counters, walk-in pantry, SS appliances, island w/ breakfast bar, next to the open family room with a stone propane fireplace. Primary bed features bay window w/ pvt exit to backyard, sep shower and garden tub, raised vanity w/ dbl sinks, and lg walk-in closet. 3 more bedrooms of which 2 have walk-in closets & 1 with trundle bed. 10ft ceilings and custom 8ft doors throughout. Large paver driveway with 3 car garage. 2 way shared well. Morning coffee on the patio can be epi

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 $283,152. 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
Bathrooms2
Square feet2,546
Property typeSingle Family
MLS #7054989
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)
$1,785/mo
Source est. payment (PITI)
$2,222/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$283,152

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

$0$283,152
Additional funds needed$0

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