Properties / 2340 S WESTWOOD
VA ASSUMABLERate: 3.45%

2340 S WESTWOOD

$410,000
Mesa, AZ 85210
3 beds2 baths1,521 sqftSingle Family
The assumable advantage
3.45%
VA assumed rate
$73,018 interest already paid off
Estimated Loan Balance$449,253
Cash to close$0
Est. Monthly PITI$2,479
Initial Loan Amount$492,100
Time on site42 days
Remaining Term25 years, 7 months
Seller's equity (what you pay)
$0
Cash or secondary financing
Monthly savings
$213
Versus today's market rate
Est. savings per year
$3K
Versus today's market rate

About this home

Welcome home to this move-in-ready property with NO HOA! Enjoy a newer A/C, a 4-year-old roof, and a spacious kitchen featuring stainless steel appliances, ample cabinetry, and generous counter space. The newly landscaped front and backyard provide great curb appeal and outdoor enjoyment. A powered storage shed/workshop, extended driveway, and RV gate offer plenty of space for storage, projects, and your recreational vehicles.

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

Bedrooms3
Bathrooms2
Square feet1,521
Property typeSingle Family
MLS #7060643
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)
$2,205/mo
Source est. payment (PITI)
$2,479/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.