Properties / 2101 S MERIDIAN Road
VA ASSUMABLERate: 6.16%

2101 S MERIDIAN Road

$320,000
Apache Junction, AZ 85120
2 beds2 baths1,202 sqftSingle Family
The assumable advantage
6.16%
VA assumed rate
$9,613 interest already paid off
Estimated Loan Balance$267,003
Cash to close$52,997
Est. Monthly PITI$1,907
Initial Loan Amount$268,312
Time on site15 days
Remaining Term29 years, 6 months
Seller's equity (what you pay)
$52,997
Cash or secondary financing
Monthly savings
$249
Versus today's market rate
Est. savings per year
$3K
Versus today's market rate

About this home

Step into resort-style living at Meridian Manor, where an exceptional location meets effortless comfort and everyday luxury. Positioned on a premium corner lot directly across from the community clubhouse, this highly sought-after floor plan puts an impressive collection of amenities just steps from your front door. Inside, the home is bright, open, and exceptionally well maintained, with thoughtful updates that give the space a fresh, modern feel. The kitchen features sleek new countertops, while newer vinyl flooring enhances the main living areas. A high-efficiency AC system installed in 2019 provides year-round comfort, and the tile roof has updated underlayment for added peace of mind. Perhaps one of the home's most valuable features is the owned solar system, offering energy efficiency and long-term savings without the burden of a lease. Outside your door, Meridian Manor feels like a private resort. Enjoy a heated saltwater pool and spa, state-of-the-art fitness center, welcoming library, and vibrant social spaces designed for relaxation and community. With a premium location, stylish updates, owned solar, and resort-quality amenities at your fingertips, this is more than a place to live--it's a lifestyle designed for enjoying every day.

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 $52,997. 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
Bathrooms2
Square feet1,202
Property typeSingle Family
MLS #7071928
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)
$1,638/mo
Source est. payment (PITI)
$1,907/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$52,997

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

$0$52,997
Additional funds needed$0

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