Assumable Mortgages in Georgia

Assumable Homes in Georgia

Georgia ranks among the top five states nationally for assumable property volume, with over 102,000 FHA and VA assumable homes recorded across 4,025 census tracts. The state's large military footprint — Fort Moore (formerly Fort Benning), Fort Stewart, Hunter Army Airfield, Moody AFB, and Robins AFB — generates a substantial inventory of VA assumable homes, particularly in Columbus, Savannah, Valdosta, and Warner Robins.

The median note rate of 3.6% on Georgia assumable property is among the lowest in our dataset, and the median age of 6.7 years means many of these obligations were originated during the 2019–2021 rate trough. For buyers in the Atlanta metro — where home prices have risen sharply since 2020 — assuming an existing obligation at 3.6% versus originating new at current rates can represent $800 to $1,500 per month in payment savings depending on the purchase price.

Atlanta's suburban ring — Marietta, Smyrna, Kennesaw, Alpharetta, Lawrenceville, and Stockbridge — carries dense FHA assumable property inventory. Savannah and Augusta also show strong assumable homes concentrations, driven by both military and civilian FHA originations.

Our Georgia data list covers all 159 counties at the census-tract level, giving buyers and agents a detailed map of where assumable homes are concentrated across the state's diverse geography.