Properties / 2208 N 78TH Glen
VA ASSUMABLERate: 2.25%

2208 N 78TH Glen

$299,000
Phoenix, AZ 85035
4 beds3 baths1,532 sqftSingle Family
The assumable advantage
2.25%
VA assumed rate
$25,694 interest already paid off
Estimated Loan Balance$235,663
Cash to close$68,582
Est. Monthly PITI$1,262
Initial Loan Amount$259,060
Time on site50 days
Remaining Term25 years, 5 months
Seller's equity (what you pay)
$63,337
Cash or secondary financing
Monthly savings
$748
Versus today's market rate
Est. savings per year
$9K
Versus today's market rate

About this home

Beautifully refreshed 4-bedroom, 2.5-bath home in the Vinsanto community with new SPC flooring, new dishwasher, and comfortable living spaces throughout. The kitchen offers ample cabinetry, generous counter space, and an easy flow into the main living area. Upstairs bedrooms provide flexibility for guests, work, or everyday living. The private backyard features low-maintenance turf, perfect for relaxing or entertaining. Enjoy community pools, playgrounds, greenbelts, and a basketball court. Solar system to be paid in full by Seller at Close of Escrow! Buyer receives system fully owned, free and clear. Property may also offer an assumable VA loan opportunity at approx. 2.25% with an estimated balance near $231,000, subject to lender approval.

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 $63,337. 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 feet1,532
Property typeSingle Family
MLS #7024133
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)
$1,015/mo
Source est. payment (PITI)
$1,262/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$63,337

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

$0$63,337
Additional funds needed$0

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