Georgia › Stephens County
Homes for sale with assumable mortgages in Stephens County, GA
3 homes for sale in Stephens 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.
- 3homes
- 3under 3%
- 2.625%lowest rate
- $300,345median cash to assume
- $314/momedian savings vs 7.36%
See all 3 on the map No account needed. Create a free account to save homes and searches.
Towns in Stephens County: Eastanollee, Toccoa.
Lowest-rate homes in Stephens County
-
2.875% from loan recordsFHA loan, recorded Jan 2021
404 Stancil Dr, Toccoa 30577
$199,900 · 3 bd · 2 ba · 1,391 sq ft · House · built 1981 · listed 20 days ago
- Cash to assume
- $106,041
- Payment if assumed
- $448/mo
- Saves vs 7.36% today
- $199/mo
All 3 homes
| Home | City | Price | Beds | Rate | Loan |
|---|---|---|---|---|---|
| 238 Currahee Cir (may be off market) | Toccoa | $440,000 | 3 | 2.625% | VA |
| 127 N Akins Bridge Rd (may be off market) | Eastanollee | $699,000 | 2 | 2.75% | FHA |
| 404 Stancil Dr | Toccoa | $199,900 | 3 | 2.875% | FHA |
How assuming a mortgage works in Stephens 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.
See every Georgia county.
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.