Properties / 5162 PASEO LAS PALMAS
VA ASSUMABLERate: 7.07%

5162 PASEO LAS PALMAS

$295,000
Sierra Vista, AZ 85635
3 beds2 baths1,651 sqftSingle Family
The assumable advantage
7.07%
VA assumed rate
$56,039 interest already paid off
Estimated Loan Balance$268,512
Cash to close$27,291
Est. Monthly PITI$2,132
Initial Loan Amount$275,805
Time on site50 days
Remaining Term27 years, 2 months
Seller's equity (what you pay)
$26,488
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

Experience the warmth and character of this inviting 3-bedroom, 2-bathroom Santa Fe-style home, featuring distinctive Southwestern charm throughout. A beautiful beehive fireplace serves as a stunning focal point, creating a cozy atmosphere in the spacious living areas. Designed for both everyday living and entertaining, the home offers separate family and living rooms, providing plenty of space to gather, relax, or host guests. The kitchen features a convenient breakfast bar and flows seamlessly into the living spaces, while the formal dining room is perfect for holiday meals and special occasions. Outside, you'll find a fully fenced backyard offering privacy and room for pets, play, gardening, or outdoor entertaining. A recent roof and sewer line replacement adds peace of mind.

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 $26,488. 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 feet1,651
Property typeSingle Family
MLS #7036571
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)
$1,855/mo
Source est. payment (PITI)
$2,132/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$26,488

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

$0$26,488
Additional funds needed$0

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