Properties / 15121 W WOODRIDGE Drive
VA ASSUMABLERate: 3.07%

15121 W WOODRIDGE Drive

$345,000
Surprise, AZ 85374
2 beds2 baths1,183 sqftSingle Family
The assumable advantage
3.07%
VA assumed rate
$40,184 interest already paid off
Estimated Loan Balance$260,435
Cash to close$83,999
Est. Monthly PITI$1,516
Initial Loan Amount$290,000
Time on site2 days
Remaining Term25 years, 4 months
Seller's equity (what you pay)
$84,565
Cash or secondary financing
Monthly savings
$801
Versus today's market rate
Est. savings per year
$10K
Versus today's market rate

About this home

Enjoy the best of The Grand living in this beautiful home, offering a comfortable layout and thoughtful upgrades both inside and out, perfect for year-round living or your second home. Residents of The Grand enjoy access to an impressive range of amenities, including four golf courses, swimming, dining, fitness, clubs, and numerous activities.

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 $84,565. 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

Bedrooms2
Bathrooms2
Square feet1,183
Property typeSingle Family
MLS #7077469
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)
$1,234/mo
Source est. payment (PITI)
$1,516/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$84,565

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

$0$84,565
Additional funds needed$0

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