Calculate Your Georgia Mortgage Payment
Our calculator is pre-filled with Georgia's median home price and property tax rate. Adjust the numbers to match your situation.
Open Calculator with GA DefaultsMonthly Payment Breakdown for Georgia
Here's what your monthly payment looks like on the median Georgia home ($366,000) with 20% down at 6.5%:
Note: This estimate assumes 20% down payment ($73,200), no PMI. With less than 20% down, add $122-$244/month for PMI.
Georgia Property Taxes
Georgia's effective property tax rate is 0.81%, which is below the national average of 0.89%.
Annual Property Tax on $366,000 Home
$2,965
($247/month escrowed)
Buying a Home in Georgia: Key Facts
- Property tax rate of 0.81% is below the national average of 0.89%
- Georgia Dream program offers zero-interest deferred loans
- Atlanta metro area contains 57% of Georgia's population
- First-time buyers must complete HUD-approved homebuyer education
Mortgage Calculators for Nearby States
Comparing homes across state lines? Check property taxes and home prices in neighboring states:
Georgia First-Time Homebuyer Programs
Georgia has 45 homebuyer assistance programs that can help with down payment and closing costs.
Georgia Dream Standard
Up to $10,000 or 5% of purchase price as zero-interest deferred loan
Deferred LoanGeorgia Dream PEN
Up to $12,500 for public protectors, educators, nurses, healthcare workers, military
Deferred LoanGeorgia Dream Choice
Up to $12,500 for families with a member living with a disability
Deferred LoanEligibility requirements typically include income limits, credit score minimums (usually 620+), and homebuyer education courses. Visit DownPaymentResource.com to search for programs you may qualify for.
Major Cities in Georgia
Home prices and property taxes can vary significantly by city. The median home price of $366,000 is a statewide average.
Georgia Mortgage FAQ
What is the property tax rate in Georgia?
The average effective property tax rate in Georgia is 0.81%. On a $366,000 home, that's approximately $2,965 per year or $247 per month added to your mortgage payment.
What is the median home price in Georgia?
The median home price in Georgia is $366,000 as of January 2026. Prices vary by location - Atlanta and Augusta typically have higher prices than rural areas.
Are there first-time homebuyer programs in Georgia?
Yes, Georgia has 45 homebuyer assistance programs. Popular options include Georgia Dream Standard, which offers up to $10,000 or 5% of purchase price as zero-interest deferred loan.
How much do I need to buy a house in Georgia?
For the median Georgia home ($366,000), you'd need $73,200 for a 20% down payment, plus $10,980-$18,300 for closing costs. With down payment assistance, you could potentially buy with as little as $12,810 (3.5% FHA down payment).
Ready to Calculate?
Use our free mortgage calculator with Georgia property taxes pre-filled.
Calculate Your GA Mortgage Payment