Properties / 7848 W WILLOW Way
VA ASSUMABLERate: 2.96%

7848 W WILLOW Way

$497,700
Florence, AZ 85132
2 beds3 baths2,530 sqftSingle Family
The assumable advantage
2.96%
VA assumed rate
$48,136 interest already paid off
Estimated Loan Balance$295,360
Cash to close$201,673
Est. Monthly PITI$1,883
Initial Loan Amount$333,209
Time on site0 days
Remaining Term24 years, 11 months
Seller's equity (what you pay)
$202,340
Cash or secondary financing
Monthly savings
$1,537
Versus today's market rate
Est. savings per year
$18K
Versus today's market rate

About this home

**LOW RATE-ASSUMABLE LOAN! THE BEST PLACE TO LIVE! Your JOURNEY into this ACTIVE ADULT LIFESTYLE begins w/the inviting gated courtyard as you enter this remarkable, upgraded Journey, priced to sell! Designer finishes such as beautiful, tiled flooring, built-in entertainment center, center sliding patio doors leading to a covered patio, SPA & oversized/enclosed yard! The open layout showcases the Chef's kitchen w/large center island (great for gatherings) granite counters, tiled b/sp, staggered cabinetry w/dbl pull-out shelves, soft-close drawers, gas cooktop/stainless appliances ++ walk-in Pantry! Primary suite features desired, tiled walk-in shower, dual vanities w/granite, walk-in closet. Private guest qtrs & flex/den space complete this MOVE-IN ready home! 2' Ext 2 car & CART garages!!

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 $202,340. 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 feet2,530
Property typeSingle Family
MLS #7079508
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)
$1,398/mo
Source est. payment (PITI)
$1,883/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$202,340

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

$0$202,340
Additional funds needed$0

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