Properties / 2417 W Barwick Drive
VA ASSUMABLERate: 6.43%

2417 W Barwick Drive

$590,000
Phoenix, AZ 85085
4 beds3 baths2,542 sqftSingle Family
The assumable advantage
6.43%
VA assumed rate
$111,815 interest already paid off
Estimated Loan Balance$540,208
Cash to close$51,646
Est. Monthly PITI$3,876
Initial Loan Amount$559,265
Time on site50 days
Remaining Term26 years, 10 months
Seller's equity (what you pay)
$49,792
Cash or secondary financing
Monthly savings
$0
Versus today's market rate
Est. savings per year
$0K
Versus today's market rate

About this home

This charming 4-bed, 3-bath corner-lot property in North Gateway features a low-maintenance desert landscape and a 2-car garage w/cabinetry & paver driveway. A welcoming living & dining room combo, alongside a separate family room create an inviting vibe, complemented by high ceilings with tons of natural light. The impressive kitchen has SS appliances, HUGE fridge, granite counters & backsplash, recessed & pendant lights, ample staggered cabinets w/crown molding, and an island w/breakfast bar. Need more space? The loft offers flexible space for your family. Large carpeted main bedroom has an ensuite with dual sinks, jetted tub, separate shower, & a walk-in closet. One AC was replaced in 2024 and water heater was in 2020. The spacious backyard boasts a covered patio, well-laid flagstone, artificial turf, storage shed, fire pit, and a built-in BBQ grill w/seating bar, perfect for relaxing & entertaining! Make this home yours!

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 $49,792. 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 feet2,542
Property typeSingle Family
MLS #7052843
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)
$3,525/mo
Source est. payment (PITI)
$3,876/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$49,792

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

$0$49,792
Additional funds needed$0

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