Georgia Mortgage Calculator
Calculate your monthly mortgage payments in Georgia with our free calculator. Includes local property tax rates and insurance estimates.
GA Mortgage Calculator
Calculate monthly payments for Georgia properties
$60000.00
$2490.00 per year
$1050.00 per year
Payment Summary
Principal & Interest$1516.96
Property Tax$207.50
Home Insurance$87.50
Total Monthly Payment$1811.96
Loan Amount$240000.00
Total Interest$306106.77
Total Loan Payment$546106.77
Payoff Date1/21/2055
Georgia Quick Facts
- Average Property Tax Rate:
- 0.83%
- Average Home Insurance Rate:
- 0.35%
First-Time Home Buyer Programs in GA
Georgia offers several programs for first-time home buyers:
- Georgia Dream Program
- PEN Program
- Mortgage Credit Certificate
- Down Payment Assistance Programs
Georgia Property Tax Rates by County
| County | Tax Rate | Median Home Value |
|---|---|---|
| Fulton County | 0.95% | $375,000 |
| DeKalb County | 0.92% | $325,000 |
| Gwinnett County | 0.87% | $350,000 |
| Cobb County | 0.84% | $365,000 |
| Clayton County | 1.12% | $175,000 |
| Cherokee County | 0.79% | $385,000 |
| Henry County | 0.89% | $275,000 |
| Forsyth County | 0.72% | $465,000 |
| Richmond County | 0.96% | $155,000 |
| Hall County | 0.76% | $295,000 |
Georgia Mortgage Guide
Key considerations for Georgia mortgages:
- Property tax rates vary significantly by county
- Strong first-time buyer support programs
- Growing market with good appreciation potential
- Homestead exemptions available
Related Resources
State Housing Resources
- Official Georgia Housing Authority
- State Property Tax Information
- First-Time Homebuyer Programs
Additional Calculators
- Property Tax Calculator
- Home Insurance Calculator
- Refinance Calculator
Data sources: State property tax records, county assessor offices, and local real estate data.
Last updated: 1/21/2025