Properties / 20445 N 275TH Drive
VA ASSUMABLERate: 5.41%

20445 N 275TH Drive

$449,000
Buckeye, AZ 85396
2 beds3 baths1,845 sqftSingle Family
The assumable advantage
5.41%
VA assumed rate
$82,027 interest already paid off
Estimated Loan Balance$370,496
Cash to close$81,138
Est. Monthly PITI$2,605
Initial Loan Amount$390,000
Time on site50 days
Remaining Term26 years, 1 month
Seller's equity (what you pay)
$78,504
Cash or secondary financing
Monthly savings
$437
Versus today's market rate
Est. savings per year
$5K
Versus today's market rate

About this home

If you're looking for a home with some extra space between you and your neighbors, you've found it! This 2-bed, 2.5-bath Sanctuary model with a den, located in the vibrant 55+ community of Sun City Festival, occupies an oversized lot at the back of a cul-de-sac. Immediately behind this fenced east-facing backyard and to the north is HOA maintained open space. Enjoy laminate wood floors throughout the home and a spacious kitchen with a gas range and a two-tier quartz kitchen island. The cabinets are Cafe Brown with upgraded crown molding, rollout trays and soft close doors and drawers. The center-sliding patio door opens from the Great Room to an expanded outdoor patio with Pergola and a built-in BBG grill. There are Plantation shutters at all windows and doors. The owner's suite includes granitex dual vanities and a frameless glass shower. The guest bedroom is an ensuite with granitex vanity and shower surround. The home also includes a two-foot garage extension, RO system, water softener and owned/leased Solar Panels. Sun City Festival's HOA fee is just $180 per month, which provides access to millions of dollars of recreational amenities.

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 $78,504. 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

Bedrooms2
Bathrooms3
Square feet1,845
Property typeSingle Family
MLS #7012178
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)
$2,211/mo
Source est. payment (PITI)
$2,605/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$78,504

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

$0$78,504
Additional funds needed$0

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