Properties / 12933 E Toro Street
VA ASSUMABLERate: 3.23%

12933 E Toro Street

$445,000
Dewey, AZ 86327
3 beds2 baths1,695 sqftSingle Family
The assumable advantage
3.23%
VA assumed rate
$61,486 interest already paid off
Estimated Loan Balance$287,390
Cash to close$158,269
Est. Monthly PITI$1,791
Initial Loan Amount$329,900
Time on site37 days
Remaining Term23 years, 11 months
Seller's equity (what you pay)
$157,610
Cash or secondary financing
Monthly savings
$1,185
Versus today's market rate
Est. savings per year
$14K
Versus today's market rate

About this home

Beautifully maintained, move-in-ready 2014 single-story home in the desirable Quailwood Meadows golf community. This 3-bedroom, 2-bath home features a split floor plan, an open-concept great room and kitchen with a large island, granite countertops, upgraded cabinetry, luxury vinyl plank flooring, and a spacious primary suite. The oversized 2.5-car garage offers built-in cabinets and workshop space, and the washer, dryer, and the refrigerator are included. Enjoy the fantastic community amenities, including golf, a pool, fitness center, parks, and more!

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 $157,610. 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 feet1,695
Property typeSingle Family
MLS #7062495
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)
$1,439/mo
Source est. payment (PITI)
$1,791/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$157,610

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

$0$157,610
Additional funds needed$0

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