Properties / 6519 E SOUTHERN Avenue
VA ASSUMABLERate: 6.16%

6519 E SOUTHERN Avenue

$1,199,900
Apache Junction, AZ 85119
3 beds4 baths3,285 sqftSingle Family
The assumable advantage
6.16%
VA assumed rate
$46,281 interest already paid off
Estimated Loan Balance$1,128,637
Cash to close$76,835
Est. Monthly PITI$7,283
Initial Loan Amount$1,130,826
Time on site50 days
Remaining Term29 years, 4 months
Seller's equity (what you pay)
$71,263
Cash or secondary financing
Monthly savings
$138
Versus today's market rate
Est. savings per year
$2K
Versus today's market rate

About this home

Exceptional property on an expansive 1.2-acre lot with breathtaking mountain views! A paver driveway leads to a 3-car garage, while the welcoming front porch sets the tone for the inviting interior. The thoughtfully designed open layout features sliding glass doors, thick baseboards, recessed lighting, plantation shutters, and abundant natural light. The stunning chef's kitchen showcases premium Thermador appliances, a large center island, farmhouse sink, crisp white cabinetry, generous counters, and a walk-in pantry. Two split offices provide the perfect work-from-home setup. The main suite features dual vanities with LED lighting and makeup area, an enclosed shower, and a walk-in closet. Adding incredible flexibility, the attached casita boasts its own living area, kitchenette, bedroom, bathroom, private entrance/exit, & a secluded patio w/artificial turf. The well-appointed laundry room includes abundant cabinetry & a utility sink. You'll love the backyard designed to impress, with a covered patio, fire pit area, & sweeping mountain views. Solar panels add energy efficiency! A true jewel, make it yours now!

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 $71,263. 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
Bathrooms4
Square feet3,285
Property typeSingle Family
MLS #7018563
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)
$6,938/mo
Source est. payment (PITI)
$7,283/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$71,263

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

$0$71,263
Additional funds needed$0

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