Properties / 40332 W PEGGY Court
VA ASSUMABLERate: 3.45%

40332 W PEGGY Court

$269,999
Maricopa, AZ 85138
3 beds3 baths1,653 sqftSingle Family
The assumable advantage
3.45%
VA assumed rate
$33,104 interest already paid off
Estimated Loan Balance$209,397
Cash to close$63,089
Est. Monthly PITI$1,310
Initial Loan Amount$227,101
Time on site50 days
Remaining Term25 years, 7 months
Seller's equity (what you pay)
$60,602
Cash or secondary financing
Monthly savings
$564
Versus today's market rate
Est. savings per year
$7K
Versus today's market rate

About this home

This cute 3 bedroom, 2.5 bathroom home is a perfect starter home for any family. Open backyard with a PRIVACY VIEW FENCE to the park. Extended back patio slab. Fire Pit. Enjoy the sunsets. Inside, you have a cozy family area to enjoy time together and good meals. Downstairs, a half bath and laundry room. Fridge, washer,dryer are included. All bedrooms located upstairs. NEWER: Outdoor Paint, Air Conditioner & Water Heater. Walking distance to the park & playground that can be seen from your backyard. COMMUNITY POOL to cool down on those hot days. Close to the college and a growing part of town. MOTIVATED SELLERS.

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 $60,602. 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
Bathrooms3
Square feet1,653
Property typeSingle Family
MLS #6999335
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)
$1,028/mo
Source est. payment (PITI)
$1,310/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$60,602

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

$0$60,602
Additional funds needed$0

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