Properties / 485 E Vía Luna Road
VA ASSUMABLERate: 3.8%

485 E Vía Luna Road

$249,000
Sierra Vista, AZ 85635
3 beds2 baths1,428 sqftSingle Family
The assumable advantage
3.8%
VA assumed rate
$24,516 interest already paid off
Estimated Loan Balance$84,331
Cash to close$165,236
Est. Monthly PITI$676
Initial Loan Amount$97,787
Time on site50 days
Remaining Term22 years, 11 months
Seller's equity (what you pay)
$164,669
Cash or secondary financing
Monthly savings
$1,008
Versus today's market rate
Est. savings per year
$12K
Versus today's market rate

About this home

Welcome home to this beautifully updated 3-bedroom, 2-bath home with a 2-car garage! The remodeled kitchen features granite countertops, new cabinetry, and brand-new appliances, making it the heart of the home. Newer laminate flooring and ceramic tile provide easy maintenance throughout. Relax by the cozy wood-burning fireplace or enjoy the heated and cooled bonus room--perfect for a home office, gym, hobby space, or additional living area. Move-in ready with stylish updates and flexible living spaces!

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 $164,669. 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 feet1,428
Property typeSingle Family
MLS #7049872
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)
$460/mo
Source est. payment (PITI)
$676/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$164,669

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

$0$164,669
Additional funds needed$0

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