Georgia › Spalding County

Homes for sale with assumable mortgages in Spalding County, GA

12 homes for sale in Spalding 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.

• 12homes
• 7under 3%
• 2.74%lowest rate
• $124,130median cash to assume
• $415/momedian savings vs 7.36%

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Cities

• Griffin (12)

Lowest-rate homes in Spalding County

1. ≈2.74% or lowerVA loan, recorded Jan 2021

   2009 River Falls Dr, Griffin 30223

   $399,900 · 5 bd · 3 ba · House · built 2021 · listed 10 days ago

   Cash to assume

   $146,138

   Payment if assumed

   $1,195/mo

   Saves vs 7.36% today

   $556/mo

   Details · See on the map · Photos on Zillow

2. 2.875% from loan recordsFHA loan, recorded Jan 2020

   102 Jasons Rdg, Griffin 30223

   $315,000 · 4 bd · 2 ba · 2,033 sq ft · House · built 2002 · listed 10 days ago

   Cash to assume and monthly savings: Pro

   Details · See on the map · Photos on Zillow

3. 2.875% from loan recordsFHA loan, recorded Jan 2021

   2006 Tallwood Pl, Griffin 30223

   $380,000 · 4 bd · 2 ba · 3,304 sq ft · House · built 1984 · listed 124 days ago

   Cash to assume and monthly savings: Pro

   Details · See on the map · Photos on Zillow

4. 2.99% from loan recordsVA loan, recorded Jan 2021

   143 Coldwater Way, Griffin 30224

   $299,999 · 4 bd · 2 ba · 2,208 sq ft · House · built 2019 · listed 46 days ago

   Cash to assume and monthly savings: Pro

   Details · See on the map · Photos on Zillow

5. 3% from loan recordsFHA loan, recorded Jan 2021

   369 Sandy Springs Dr, Griffin 30223

   $249,900 · 2 bd · 2 ba · 1,190 sq ft · House · built 2015 · listed 100 days ago

   Cash to assume and monthly savings: Pro

   Details · See on the map · Photos on Zillow

How assuming a mortgage works in Spalding 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.