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Homes for sale with assumable mortgages in Powder Springs, GA
10 homes for sale in Powder Springs where the buyer can take over the seller's FHA or VA loan, recorded from 2020 to early 2022 when rates were under 4%. Today's average 30-year rate is 7.36%. Updated October 18, 2026.
- 10homes
- 6under 3%
- 2.25%lowest rate
- $226,534median cash to assume
- $516/momedian savings vs 7.36%
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Lowest-rate homes in Powder Springs
-
2.25% from loan recordsVA loan, recorded Mar 2021
5686 Walnut Mill Ln, Powder Springs 30127
$489,990 · 4 bd · 3 ba · 3,188 sq ft · House · listed 52 days ago
- Cash to assume
- $226,534
- Payment if assumed
- $1,169/mo
- Saves vs 7.36% today
- $647/mo
-
2.25% from loan recordsVA loan, recorded Nov 2021
5615 Lavender Farms Rd, Powder Springs 30127
$669,900 · 5 bd · 4 ba · 3,588 sq ft · House · listed 123 days ago
Cash to assume and monthly savings: Pro
-
2.75% from loan recordsFHA loan, recorded Apr 2021
5624 Berney Cir, Powder Springs 30127
$360,000 · 3 bd · 2 ba · 2,048 sq ft · House · built 2021 · listed 9 days ago
Cash to assume and monthly savings: Pro
-
2.75% from loan recordsVA loan, recorded Jan 2020
484 Legacy Park Dr, Powder Springs 30127
$306,000 · 4 bd · 2 ba · 2,070 sq ft · House · built 1998 · listed 66 days ago
Cash to assume and monthly savings: Pro
-
2.75% from loan recordsFHA loan, recorded Sep 2020
1877 Hanwoo Ln, Powder Springs 30127
$510,000 · 4 bd · 3 ba · 3,020 sq ft · House · listed 157 days ago
Cash to assume and monthly savings: Pro
-
3.125% from loan recordsFHA loan, recorded Nov 2021
2230 Worthington Dr, Powder Springs 30127
$435,000 · 5 bd · 3 ba · 3,218 sq ft · House · listed 67 days ago
Cash to assume and monthly savings: Pro
-
≈3.16% estimateFHA loan, recorded Jun 2020
1183 Hillside Green Way, Powder Springs 30127
$799,000 · 7 bd · 4 ba · 4,632 sq ft · House · listed 176 days ago
Cash to assume and monthly savings: Pro
-
3.625% from loan recordsFHA loan, recorded Jan 2022
3119 Nectar Dr, Powder Springs 30127
$320,000 · 3 bd · 2 ba · 1,479 sq ft · House · listed 53 days ago
Cash to assume and monthly savings: Pro
All 10 homes in Powder Springs
| Home | Price | Beds | Rate | Loan |
|---|---|---|---|---|
| 5686 Walnut Mill Ln | $489,990 | 4 | 2.25% | VA |
| 5615 Lavender Farms Rd | $669,900 | 5 | 2.25% | VA |
| 133 Four Oaks Dr (may be off market) | $250,500 | 5 | 2.49% | VA |
| 484 Legacy Park Dr | $306,000 | 4 | 2.75% | VA |
| 5624 Berney Cir | $360,000 | 3 | 2.75% | FHA |
| 1877 Hanwoo Ln | $510,000 | 4 | 2.75% | FHA |
| 2230 Worthington Dr | $435,000 | 5 | 3.125% | FHA |
| 1183 Hillside Green Way | $799,000 | 7 | ≈3.16% | FHA |
| 3119 Nectar Dr | $320,000 | 3 | 3.625% | FHA |
| 4250 Defoors Farm Trl | $445,000 | 5 | 3.625% | FHA |
Rates without ≈ are the loan's actual rate from public records (or confirmed); ≈ marks an estimate.
See them on the map, with filters for price, size, beds, and rate.
How assuming a mortgage works in Powder Springs
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.
Nearby
All of Cobb County (62 homes) · Marietta (22) · Kennesaw (8) · Smyrna (7) · Mableton (6) · Acworth (5) · Austell (5)
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.