Properties / 10041 N Concho Drive
VA ASSUMABLERate: 4.17%

10041 N Concho Drive

$229,900
Kingman, AZ 86401
3 beds2 baths1,134 sqftSingle Family
The assumable advantage
4.17%
VA assumed rate
$32,160 interest already paid off
Estimated Loan Balance$172,092
Cash to close$59,027
Est. Monthly PITI$1,122
Initial Loan Amount$184,963
Time on site36 days
Remaining Term25 years, 9 months
Seller's equity (what you pay)
$57,808
Cash or secondary financing
Monthly savings
$447
Versus today's market rate
Est. savings per year
$5K
Versus today's market rate

About this home

This beautifully maintained home is located in a desirable golf course community and offers stunning panoramic mountain views, reflecting true pride of ownership throughout. Residents enjoy access to a public pool and a variety of community amenities, enhancing the overall lifestyle this home provides. Thoughtfully designed, the functional floor plan features three spacious bedrooms and two bathrooms, ideal for comfortable everyday living. The kitchen includes a convenient breakfast bar and a cozy dining area with a ceiling fan—perfect for casual meals—while the separate living room invites you to relax by the warm, inviting fireplace. Recent upgrades provide peace of mind, including high-quality Anderson windows and exterior doors installed just two years ago, along with a newer AC unit. The water heater is only one year old, and both the roof and block wall were updated seven years ago. Additional highlights include an oversized one-car garage and charming curb appeal that makes a great first impression. Step outside to a generously sized backyard featuring an extended covered patio—perfect for entertaining, relaxing, or creating your dream garden space. Don’t miss this adorable home—call your agent to schedule your private showing today!

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 $57,808. 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 feet1,134
Property typeSingle Family
MLS #038431
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)
$909/mo
Source est. payment (PITI)
$1,122/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$57,808

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

$0$57,808
Additional funds needed$0

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