Properties / 6372 E Clifton Terrace
VA ASSUMABLERate: 2.87%

6372 E Clifton Terrace

$599,900
Prescott Valley, AZ 86314
3 beds2 baths2,008 sqftSingle Family
The assumable advantage
2.87%
VA assumed rate
$57,892 interest already paid off
Estimated Loan Balance$375,055
Cash to close$226,536
Est. Monthly PITI$2,087
Initial Loan Amount$420,000
Time on site50 days
Remaining Term25 years
Seller's equity (what you pay)
$224,845
Cash or secondary financing
Monthly savings
$1,785
Versus today's market rate
Est. savings per year
$21K
Versus today's market rate

About this home

***$7500 CREDIT towards Interest Rate Buy-down, closing costs or Pre-paid solar with acceptable offer*** Completely remodeled and truly turnkey, this stunning single level Granville home blends modern style, quality upgrades, and everyday comfort in one exceptional package. From the moment you arrive, you'll notice the large corner lot, 3 car garage, quiet street, inside shows pride of ownership and attention to detail throughout. The home has been thoughtfully updated with beautiful finishes, an open and inviting layout, and a bright contemporary feel that is move-in ready from day one. Featuring 3 full bedrooms plus den, 2 baths, 3 car garage all on a 1/4 acre lot. The fully remodeled kitchen shines with warm cabinetry, gorgeous designer leather finished stone countertops, modern... fixtures, and newer appliances, opening seamlessly to the large living and dining areas for effortless entertaining. The spacious primary suite offers a relaxing retreat, while the additional bedrooms provide flexibility for guests, hobbies, and a private home office. Updated flooring, fresh paint, upgraded lighting, and updated bathrooms complete the home's clean and cohesive design. Step outside to enjoy low-maintenance outdoor living with space to relax, entertain, or simply take in Prescott Valley's beautiful weather. Conveniently located near shopping, dining, parks, and entertainment, this home offers the perfect combination of style, comfort, value and location.

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 $224,845. 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

Bedrooms3
Bathrooms2
Square feet2,008
Property typeSingle Family
MLS #7050281
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)
$1,753/mo
Source est. payment (PITI)
$2,087/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$224,845

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

$0$224,845
Additional funds needed$0

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