Properties / 12346 W ORANGE Drive
VA ASSUMABLERate: 2.98%

12346 W ORANGE Drive

$410,000
Litchfield Park, AZ 85340
4 beds3 baths2,038 sqftSingle Family
The assumable advantage
2.98%
VA assumed rate
$42,978 interest already paid off
Estimated Loan Balance$266,622
Cash to close$142,780
Est. Monthly PITI$1,515
Initial Loan Amount$300,000
Time on site2 days
Remaining Term25 years
Seller's equity (what you pay)
$143,378
Cash or secondary financing
Monthly savings
$1,156
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

Two-story living in Litchfield Park with a backyard built for gathering. Inside, vaulted ceilings and a bright great room open toward the kitchen, where a quartz-topped island, blue cabinetry, and a tile backsplash anchor the space. Upstairs, the main bedroom is a genuine retreat: private bathroom featuring a dual sinks, freestanding soaking tub, a glass-enclosed shower finished, and a backlit vanity mirror. Two additional bedrooms serve as guest rooms, a home office, or flex space. Outside, a covered patio, artificial turf, paver walkways, and a pergola create a low-maintenance space for entertaining. A 2-car garage completes the home!

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 $143,378. 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
Bathrooms3
Square feet2,038
Property typeSingle Family
MLS #7077382
CountyMaricopa County
Assumable loanVA
Tour this home
In person or virtual.
Prefer virtual tour?
Free · No commitment · Typical reply in 15 min
Investor?
This VA loan can be assumed and rented. Talk to Jeff about the ROI math.
Jeff Salazar
Active now · (602) 332-3860
Call

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)
$1,262/mo
Source est. payment (PITI)
$1,515/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$143,378

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

$0$143,378
Additional funds needed$0

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