Georgia › Walker County › La Fayette
Homes for sale with assumable mortgages in La Fayette, GA
5 homes for sale in La Fayette where the buyer can take over the seller's FHA or VA loan, recorded from 2020 to mid-2022, when 30-year rates were mostly under 4%. Today's average 30-year rate is 7.32%. Updated October 28, 2026.
- 5homes
- 2under 3%
- 2.25%lowest rate
- $80,148median cash to assume
- $253/momedian savings vs 7.32%
2 of these homes need under $50,000 cash to assume. Pro shows which ones and sorts every home by the cash it takes: $19 a month or $45 for 90 days.
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Lowest-rate homes in La Fayette
-
2.25% from loan recordsVA loan, recorded Jan 2021
4011 Straight Gut Rd, La Fayette 30728
$249,999 · 3 bd · 2 ba · 2,230 sq ft · House · built 1952 · listed 55 days ago
- Cash to assume
- $46,848
- Payment if assumed
- $906/mo
- Saves vs 7.32% today
- $489/mo
-
2.49% from loan recordsVA loan, recorded Jan 2021
805 N Duke St, La Fayette 30728
$219,900 · 3 bd · 1 ba · 1,242 sq ft · House · built 1957 · listed 68 days ago
Cash to assume and monthly savings: see them free (3 homes with an account) or with Pro
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≈3.62% estimateFHA loan, recorded Jan 2020
203 Cavender St, La Fayette 30728
$99,000 · 2 bd · 1 ba · 891 sq ft · House · built 1953 · listed 5 days ago
Cash to assume and monthly savings: see them free (3 homes with an account) or with Pro
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3.625% from loan recordsFHA loan, recorded Jan 2020
506 Chestnut St, La Fayette 30728
$150,000 · 2 bd · 1 ba · 875 sq ft · House · built 1940 · listed 25 days ago
Cash to assume and monthly savings: see them free (3 homes with an account) or with Pro
-
3.875% from loan recordsVA loan, recorded Jan 2022
72 Gregory Ln, La Fayette 30728
$279,900 · 4 bd · 2 ba · 2,280 sq ft · House · built 1979 · listed 147 days ago
Cash to assume and monthly savings: see them free (3 homes with an account) or with Pro
All 5 homes in La Fayette
| Home | Price | Beds | Rate | Loan |
|---|---|---|---|---|
| 4011 Straight Gut Rd | $249,999 | 3 | 2.25% | VA |
| 805 N Duke St | $219,900 | 3 | 2.49% | VA |
| 203 Cavender St | $99,000 | 2 | ≈3.62% | FHA |
| 506 Chestnut St | $150,000 | 2 | 3.625% | FHA |
| 72 Gregory Ln | $279,900 | 4 | 3.875% | VA |
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 La Fayette
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, but VA sellers strongly prefer a veteran buyer. If you aren't one, the seller's VA entitlement stays tied to the loan, on a house they no longer own, until it's paid off, and that limits their next VA loan. Expect a seller to hold out for a veteran or want something for it. The VA charges a 0.5% funding fee on an assumption, waived for veterans who receive VA disability compensation. Why entitlement matters.
- 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 Walker County (13 homes)
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.