Properties / 2637 E DOGWOOD Drive
VA ASSUMABLERate: 2.98%

2637 E DOGWOOD Drive

$825,000
Chandler, AZ 85286
5 beds4 baths3,980 sqftSingle Family
The assumable advantage
2.98%
VA assumed rate
$67,010 interest already paid off
Estimated Loan Balance$426,918
Cash to close$400,901
Est. Monthly PITI$2,541
Initial Loan Amount$475,063
Time on site50 days
Remaining Term25 years, 1 month
Seller's equity (what you pay)
$398,082
Cash or secondary financing
Monthly savings
$2,849
Versus today's market rate
Est. savings per year
$34K
Versus today's market rate

About this home

Rare Chandler basement home with nearly 4,000 square feet, 5 bedrooms, 3.5 bathrooms, owned solar panels, a split 3-car garage, and a private pool. Pass through the gated front courtyard and step inside to soaring 12-foot ceilings and 8-foot doors on the main level. The gourmet kitchen features a large island, granite countertops, gas cooktop, double ovens, ample cabinetry, and a breakfast nook overlooking the courtyard. The main level includes the primary suite, two additional bedrooms, 2.5 bathrooms, formal living and dining rooms, and a laundry room. A wide staircase leads to the finished basement, creating a true second living space with a large media/family room, two additional bedrooms, including one with a Murphy bed, a full bathroom, and substantial storage. Outdoor living begins with the front courtyard and continues to the backyard featuring an extended covered patio, synthetic turf, and pool. Located near Centennial Park, top-rated Chandler schools, shopping, dining, and Loop 202. This home offers a combination of space, layout, and basement living rarely found in Chandler.

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 $398,082. 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
Bathrooms4
Square feet3,980
Property typeSingle Family
MLS #7035103
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)
$2,016/mo
Source est. payment (PITI)
$2,541/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$398,082

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

$0$398,082
Additional funds needed$0

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