Properties / 20697 W DELANEY Drive
VA ASSUMABLERate: 2.2%

20697 W DELANEY Drive

$629,900
Buckeye, AZ 85396
5 beds6 baths3,248 sqftSingle Family
The assumable advantage
2.2%
VA assumed rate
$38,838 interest already paid off
Estimated Loan Balance$292,085
Cash to close$338,800
Est. Monthly PITI$1,994
Initial Loan Amount$350,647
Time on site36 days
Remaining Term19 years, 7 months
Seller's equity (what you pay)
$337,815
Cash or secondary financing
Monthly savings
$2,184
Versus today's market rate
Est. savings per year
$26K
Versus today's market rate

About this home

FULLY OWNED SOLAR & DETACHED CASITA! Welcome home to this exceptional 5-bedroom, 5-bathroom former model home situated on a prime corner lot in the highly sought-after Verrado community. Offering the ultimate in energy efficiency, convenience, and flexibility, this property is a rare find just 2 minutes from I-10 and a brief walk to the new Buckeye Marketplace (Target, Costco, Harkins, and more).THE CASITA (Renovated 2024): Perfect for multi-generational living, long-term guests, a private home office, or rental income! This beautifully updated detached space features its own private entrance, durable porcelain tile, and a fully remodeled bathroom with a spacious walk-in shower and elegant travertine flooring. Space, location, and la lot of updates--this home is ready for the next owner! Get ready for weekend gatherings and relaxing evenings in the backyard, complete with a covered patio ideal for morning coffee, a built-in BBQ, and a pergola, perfect for entertaining. Hurry up, this one won't last!

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 $337,815. 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

Bedrooms5
Bathrooms6
Square feet3,248
Property typeSingle Family
MLS #7063308
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)
$1,531/mo
Source est. payment (PITI)
$1,994/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$337,815

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

$0$337,815
Additional funds needed$0

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