Georgia › Cherokee County
Homes for sale with assumable mortgages in Cherokee County, GA
34 homes for sale in Cherokee County where the buyer can take over the seller's FHA or VA loan, recorded from 2020 to early 2022 when rates were under 4%. Updated October 18, 2026.
- 34homes
- 18under 3%
- 2.25%lowest rate
- $255,403median cash to assume
- $521/momedian savings vs 7.36%
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Cities
Also in Cherokee County: Ball Ground, Holly Springs.
Lowest-rate homes in Cherokee County
-
2.25% from loan recordsFHA loan, recorded Feb 2021
309 Horseshoe Bnd, Woodstock 30189
$499,000 · 4 bd · 2 ba · 2,158 sq ft · House · listed 21 days ago
- Cash to assume
- $216,480
- Payment if assumed
- $1,257/mo
- Saves vs 7.36% today
- $691/mo
-
2.25% from loan recordsVA loan, recorded Oct 2020
140 Magnolia Creek Dr, Canton 30115
$450,000 · 3 bd · 2 ba · 2,161 sq ft · House · listed 53 days ago
- Cash to assume
- $305,082
- Payment if assumed
- $652/mo
- Saves vs 7.36% today
- $348/mo
-
2.25% from loan recordsVA loan, recorded Sep 2021
700 Settlers Xing, Canton 30114
$799,000 · 6 bd · 4 ba · 5,751 sq ft · House · listed 65 days ago
Cash to assume and monthly savings: Pro
-
2.25% from loan recordsVA loan, recorded Mar 2021
1024 Laurel Lake Dr, Ball Ground 30107
$419,900 · 4 bd · 2 ba · 2,844 sq ft · House · listed 80 days ago
Cash to assume and monthly savings: Pro
-
≈2.68% or lowerVA loan, recorded Dec 2020
803 Rocky Ridge Ct, Canton 30114
$899,000 · 5 bd · 5 ba · 5,419 sq ft · House · listed 171 days ago
Cash to assume and monthly savings: Pro
Homes in other Cherokee County towns
| Home | City | Price | Beds | Rate | Loan |
|---|---|---|---|---|---|
| 1024 Laurel Lake Dr | Ball Ground | $419,900 | 4 | 2.25% | VA |
| 148 Avery Landing Way (may be off market) | Holly Springs | $710,000 | 5 | 2.5% | FHA |
| 124 Cummings Ct | Ball Ground | $499,900 | 4 | 2.75% | FHA |
How assuming a mortgage works in Cherokee County
You take over the seller's existing loan: its rate, its remaining balance, and its remaining term. The difference between the price and the balance is the cash to assume, paid to the seller in cash or with a second loan.
- FHA loans: you apply with the seller's loan servicer and qualify much like a new loan, and you have to live in the home.
- VA loans: you don't have to be a veteran to assume one. If you aren't, the seller's VA entitlement stays with the loan, so some sellers prefer veteran buyers. The VA charges a 0.5% funding fee on an assumption, waived for veterans who receive VA disability compensation.
- Timing: the servicer approves the assumption. VA requires a decision within 45 days of a complete application; FHA sets no deadline. Plan on roughly 45 to 90 days to close.
More in the guides to assuming a VA loan and assuming an FHA loan.
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Rates come from each loan's public records (HUD's FHA records or the lender's federal HMDA report) where we can match the loan; the rest are estimates from the average 30-year rate in the month the loan was recorded (VA loans usually came in lower; FHA loans landed on both sides). Balances are estimates: the original loan amount from public records, paid down to today. Prices are from the listing when we first found it; check the listing for the current price. Savings compare the same loan amount at today's average rate. Not a brokerage, lender, or advisor; confirm everything with the listing agent and the loan servicer.