Properties / 42812 N 45TH Drive
VA ASSUMABLERate: 5.05%

42812 N 45TH Drive

$599,000
New River, AZ 85087
5 beds3 baths2,627 sqftSingle Family
The assumable advantage
5.05%
VA assumed rate
$213,641 interest already paid off
Estimated Loan Balance$178,812
Cash to close$422,660
Est. Monthly PITI$1,994
Initial Loan Amount$291,329
Time on site50 days
Remaining Term12 years, 7 months
Seller's equity (what you pay)
$420,188
Cash or secondary financing
Monthly savings
$1,931
Versus today's market rate
Est. savings per year
$23K
Versus today's market rate

About this home

Nestled in the scenic desert landscape of New River, this beautifully maintained home at 42812 N 45th Drive offers the perfect blend of comfort, space, and Arizona charm. Situated on a generous lot with stunning mountain views and peaceful surroundings, this property delivers the privacy and tranquility buyers crave while remaining conveniently close to shopping, dining, and freeway access. Inside, you'll find an open and inviting floor plan filled with natural light, spacious living areas, and thoughtfully designed finishes throughout. The well-appointed kitchen flows seamlessly into the main living space, making it ideal for entertaining or everyday living. The expansive backyard provides endless possibilities for outdoor enjoyment, with your own private pool and artificial grass.

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 $420,188. 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

Bedrooms5
Bathrooms3
Square feet2,627
Property typeSingle Family
MLS #7029903
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)
$1,602/mo
Source est. payment (PITI)
$1,994/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$420,188

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

$0$420,188
Additional funds needed$0

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