Georgia › Henry County › Locust Grove
Homes for sale with assumable mortgages in Locust Grove, GA
9 homes for sale in Locust Grove 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.
- 9homes
- 4under 3%
- 2.25%lowest rate
- $141,277median cash to assume
- $523/momedian savings vs 7.36%
See all 9 Locust Grove homes on the map No account needed. Create a free account to save homes and searches.
Lowest-rate homes in Locust Grove
-
2.25% from loan recordsVA loan, recorded Feb 2021
1469 Granby Ln, Locust Grove 30248
$499,000 · 6 bd · 4 ba · 3,407 sq ft · House · listed 89 days ago
- Cash to assume
- $238,089
- Payment if assumed
- $1,161/mo
- Saves vs 7.36% today
- $638/mo
-
2.5% from loan recordsVA loan, recorded Apr 2021
4073 Madison Acres Dr, Locust Grove 30248
$510,000 · 5 bd · 4 ba · 3,148 sq ft · House · listed 31 days ago
Cash to assume and monthly savings: Pro
-
≈2.68% or lowerVA loan, recorded Dec 2020
8011 Orange Grove Ct, Locust Grove 30248
$355,000 · 4 bd · 2 ba · 2,415 sq ft · House · listed 29 days ago
Cash to assume and monthly savings: Pro
-
2.99% from loan recordsFHA loan, recorded Sep 2020
2045 Theberton Trl, Locust Grove 30248
$397,500 · 4 bd · 2 ba · 2,466 sq ft · House · listed 80 days ago
Cash to assume and monthly savings: Pro
-
3.125% from loan recordsFHA loan, recorded Sep 2021
6050 Prodigy Ln, Locust Grove 30248
$354,900 · 5 bd · 3 ba · 2,596 sq ft · House · listed 90 days ago
Cash to assume and monthly savings: Pro
-
3.75% from loan recordsFHA loan, recorded Nov 2021
403 Victoria Place Dr, Locust Grove 30248
$257,900 · 3 bd · 2 ba · 1,247 sq ft · House · listed 97 days ago
Cash to assume and monthly savings: Pro
All 9 homes in Locust Grove
| Home | Price | Beds | Rate | Loan |
|---|---|---|---|---|
| 1469 Granby Ln | $499,000 | 6 | 2.25% | VA |
| 4073 Madison Acres Dr | $510,000 | 5 | 2.5% | VA |
| 8011 Orange Grove Ct | $355,000 | 4 | ≈2.68% | VA |
| 2045 Theberton Trl | $397,500 | 4 | 2.99% | FHA |
| 610 Kyle Ct (may be off market) | $330,000 | 4 | 3.125% | FHA |
| 6050 Prodigy Ln | $354,900 | 5 | 3.125% | FHA |
| 308 Cinnamon Bark Pass (may be off market) | $485,000 | 4 | 3.5% | VA |
| 403 Victoria Place Dr | $257,900 | 3 | 3.75% | FHA |
| 6857 Louis Dr (may be off market) | $485,000 | 5 | 3.75% | 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 Locust Grove
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 Henry County (47 homes) · McDonough (24) · Stockbridge (10)
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.