$410,000

5870 Tallant Dr Sugar Hill, GA 30518

$1,541/mo at 6.5%
Unlock a lower rate & save over $100K.

Your savings
Compared to a new mortgage.
Principal/interest
Monthly payment

Monthly savings
5-year savings
Lifetime savings

About this home

Beautifully Updated 5-Bedroom Home Near Lake Lanier! Welcome to this spacious and fully updated split-level home in the heart of Sugar Hill! With 5 bedrooms and 3 full baths, this home offers fresh updates throughout—including brand-new countertops, new carpet, and freshly stained hardwoods. The flexible layout provides plenty of space for family, guests, or a home office setup. Step outside to enjoy a fully fenced backyard and a double deck—perfect for entertaining or relaxing in your private outdoor space. The oversized garage comfortably fits two cars and offers additional room for a workshop or extra storage. Located just minutes from Lake Lanier with easy access to nearby boat ramps, this home is a dream for outdoor enthusiasts. It’s also zoned for the highly sought-after Lanier High School district and is conveniently close to shopping, dining, and all that downtown Sugar Hill has to offer. This move-in ready home is the perfect blend of comfort, function, and location—schedule your showing today!

5 bedroom
3 bathroom
2,231 sqft
0.28 acres
Single Family
Built in 1996
2 car garage
Air conditioning
Fireplace

Source: FMLS #7621383


Loan details
Loan type
Remaining balance
Remaining term
Neighborhood


FAQs

Roam is your trusted partner for affordable home ownership. We help manage the assumption process from start to finish, enabling homebuyers to easily purchase their next home with a low-interest rate mortgage attached.

To qualify, you must meet the current FHA, VA, or USDA loan requirements depending on the type of loan you are assuming. This typically means a minimum credit score of 580, although most lenders prefer 620-640. Your debt-to-income ratio should be under the 50% max under FHA guidelines. Additional information such as employment history, explanations of income for each applicant, and asset verification for a down payment may be needed to process the loan.

An assumable mortgage is a type of home loan that allows a homebuyer to take over the existing mortgage terms from the seller, with no cost to the seller. Many government-backed loans, such as FHA and VA loans, are eligible for assumption, and millions of these mortgages are available.

When interest rates on mortgages are high, assuming a mortgage with a rate as low as 2% allows buyers to save up to thousands monthly compared to buying a home with a traditional mortgage at today’s average rates of 7%. A low-rate assumable mortgage could be the key to finding your dream home at an affordable price.

Roam has compiled available listings with low-rate assumable mortgages for you to browse. To get started, enter the city, state, zip code, or school district you’re interested in purchasing in. Utilize the search filters to narrow down your search. Click “Save search” to save your search preferences and activate listing notifications—we’ll email you as soon as new listings match your criteria.

Once you’ve found your dream home and ready to make an offer, schedule a call with a Roam Advisor directly from the listing. Your Roam Advisor will guide you through each step of the process, while also working directly with your agent, the servicer, and the seller to ensure you close on time.

When assuming the existing mortgage as part of a home purchase, the buyer has to cover the seller’s equity in the home. The seller’s equity is the purchase price minus the remaining mortgage balance. This amount must be covered in full through an all-cash down payment or by taking out a second mortgage.

View all FAQs
Last updated: Nov 04, 2025 06:42 am
Listing agent: Nicholas Drake
Listing provided courtesy of: Virtual Properties Realty.com (770) 495-5050
Details provided by FMLS and may not match the public record.
MLS ID: #7621383
Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please visit https://www.fmls.com/dmca.htm to review our DMCA policy and learn how to submit a takedown request. © 2025 FMLS.
Fair Housing Act logo Roam is committed to and abides by the Fair Housing Act and Equal Opportunity Act.