Properties / 8025 E CICERO Street
VA ASSUMABLERate: 2.96%

8025 E CICERO Street

$424,499
Mesa, AZ 85207
3 beds2 baths1,397 sqftSingle Family
The assumable advantage
2.96%
VA assumed rate
$60,613 interest already paid off
Estimated Loan Balance$375,270
Cash to close$51,738
Est. Monthly PITI$2,042
Initial Loan Amount$419,580
Time on site50 days
Remaining Term24 years, 11 months
Seller's equity (what you pay)
$49,229
Cash or secondary financing
Monthly savings
$727
Versus today's market rate
Est. savings per year
$9K
Versus today's market rate

About this home

Move-in ready Closing Cost available with 3 bedroom 2 bathroom Mesa home with a sparkling private pool and no HOA! Enjoy vaulted ceilings, multiple living spaces, updated flooring, and a cozy fireplace. Located minutes from Loop 202, Red Mountain Park, shopping, and dining, this home offers the perfect combination of convenience and outdoor living. Whether entertaining by the pool or relaxing under the covered patio, this home is ready for its next owner.

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 $49,229. 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 feet1,397
Property typeSingle Family
MLS #7039419
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)
$1,776/mo
Source est. payment (PITI)
$2,042/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$49,229

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

$0$49,229
Additional funds needed$0

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