Properties / 29954 W MONTEREY Drive
VA ASSUMABLERate: 6.5%

29954 W MONTEREY Drive

$335,000
Buckeye, AZ 85396
4 beds3 baths2,272 sqftSingle Family
The assumable advantage
6.5%
VA assumed rate
$42,821 interest already paid off
Estimated Loan Balance$373,145
Cash to close$0
Est. Monthly PITI$2,694
Initial Loan Amount$380,000
Time on site50 days
Remaining Term28 years, 3 months
Seller's equity (what you pay)
$0
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

Check out this charming two-story home in the sought-after Tartesso! Fall in love with the sizable living spaces ready to bring you joy, featuring wood-look floors, exposed beams for classic charm, and a soothing palette that makes every space feel warm and welcoming. Cook delicious meals in the pristine culinary space, displaying plentiful storage cabinetry, granite countertops, SS appliances, and an island, perfect for casual meals. Get a good night's sleep in the main suite downstairs, offering a bathroom with dual sinks and a practical walk-in closet. The flexible loft adds functionality, working perfectly as an office or kids' playroom. Out back, you'll have ample space for entertainment, storage, or your dream garden, including a covered patio ideal for morning coffee.

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 $0. 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

Bedrooms4
Bathrooms3
Square feet2,272
Property typeSingle Family
MLS #7023301
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)
$2,407/mo
Source est. payment (PITI)
$2,694/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

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

Confirm the current loan balance and equity requirement with an agent before estimating cash needed.