Properties / 16904 W VILLAGIO Drive
VA ASSUMABLERate: 2.88%

16904 W VILLAGIO Drive

$760,000
Surprise, AZ 85387
3 beds2 baths2,334 sqftSingle Family
The assumable advantage
2.88%
VA assumed rate
$87,224 interest already paid off
Estimated Loan Balance$475,513
Cash to close$285,619
Est. Monthly PITI$2,892
Initial Loan Amount$547,367
Time on site11 days
Remaining Term24 years, 1 month
Seller's equity (what you pay)
$284,487
Cash or secondary financing
Monthly savings
$2,199
Versus today's market rate
Est. savings per year
$26K
Versus today's market rate

About this home

This beautiful home offers an exceptional blend of privacy, upgrades, and golf course living. Set on a premium lot with the course behind you and community open space along one side, the home welcomes you with a charming front courtyard and a spacious 3 car garage. Inside, the Hacienda floor plan feels even more comfortable thanks to a 2' extension on the west side, creating larger guest bedrooms and a hall bath. Tile flooring runs throughout the main living areas, while the bedrooms feature carpet. The gourmet kitchen includes granite counters, an electric cooktop, a wall oven, and a built-in microwave, opening to the family room, where a gas fireplace adds warmth and character. A formal dining area and a separate den provide ideal spaces for entertaining, working, or relaxing....... The backyard is a true retreat. The extended, fully screened-in patio allows year-round enjoyment, overlooking lush, mature landscaping and a beautiful rock waterfall with a pond. A small cooling pool offers the perfect place to unwind--refreshing without the upkeep of a full-size pool. This Villagio Dr property delivers comfort, thoughtful upgrades, and the relaxed Arizona lifestyle in one inviting package.

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 $284,487. 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 feet2,334
Property typeSingle Family
MLS #7068803
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)
$2,283/mo
Source est. payment (PITI)
$2,892/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$284,487

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

$0$284,487
Additional funds needed$0

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