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Georgia Mortgage Calculator

Use this free Georgia mortgage calculator to estimate your monthly mortgage payments and annual amortization.

Loan details

%

Monthly payment

$2,047

at 6.47% · 30-year fixed

  • Principal & interest

    $1,512

  • Property taxes

    $375

  • Homeowners insurance

    $160

Loan amount

$240,000

Total interest paid

$304,403

Payoff date

—

YOU'RE KEEPING $39,148

$39,148

stays in your pocket

That's your total savings over 30 years at today's best rate on NerdWallet (6.47%) vs. the 7.15% national average — $109 less every month.

  • Today's best rate: 6.47%

  • Get your free rate with no credit impact

Get my rate

No impact to your credit score

Calculated payments and savings are estimates. The calculator result does not constitute an offer for a loan and will not solicit a loan offer. Savings will depend on the actual amounts and rate for which you are approved, should you choose to apply.

Getting a Mortgage in Georgia

Written by 
,  Edited by 
 and 
Last updated November 19, 2025
Despite rising home prices in recent years, housing in Georgia remains relatively affordable by national standards.
In Fulton County, Georgia’s most populous county, the typical monthly mortgage payment for a median-priced home was $2,992 in Q1 2025, based on a $510,391 median home value, according to the National Association of Realtors.
By comparison, the national median was $2,120 on a single-family home valued at $402,300.
Central and South Georgia offer much lower, affordable costs of living. A typical payment in Macon County is $579 monthly, based on a $98,811 home value.

Georgia mortgage and refinance rates today (APR)

ProductInterest rateAPR
30-year fixed-rate7.309%7.314%
20-year fixed-rate7.088%7.097%
15-year fixed-rate6.436%6.443%
10-year fixed-rate6.348%6.362%
7-year ARM7.271%7.112%
5-year ARM7.750%7.288%
30-year fixed-rate FHA5.375%6.092%
30-year fixed-rate VA6.498%6.846%
Data source: ©Zillow, Inc. 2006 – 2026. Use is subject to the Terms of Use

Today's rate

7.314%

30-year fixed

Today's mortgage rates in Georgia are 7.314% for a 30-year fixed, 6.443% for a 15-year fixed, and 7.288% for a 5-year adjustable-rate mortgage (ARM).

Georgia's first-time home buyer programs

The Georgia Department of Community Affairs has a program called Georgia Dream Home Ownership Program which helps first-time home buyers and home buyers who haven't owned a home for three years get mortgage financing assistance.
» MORE: First-time home buyer programs by state

Average property tax by county

Taking U.S. Census data, NerdWallet has crunched the numbers to help you understand what property tax rate you can expect to pay on your future home in Georgia. Because assessed values aren't frequently updated, you may pay a higher rate at first but eventually you'll pay a similar rate.

CountyAvg. property tax rateMedian home value
Appling County0.66%$88,500
Atkinson County0.92%$77,100
Bacon County0.83%$95,600
Baker County0.84%$121,600
Baldwin County0.76%$154,400
Banks County0.60%$229,900
Barrow County0.81%$315,900
Bartow County0.72%$288,900
Ben Hill County0.90%$100,000
Berrien County0.83%$108,300
Bibb County1.09%$178,700
Bleckley County0.97%$121,600
Brantley County1.04%$91,900
Brooks County0.90%$128,400
Bryan County0.83%$276,100
Bulloch County0.69%$206,200
Burke County0.56%$98,300
Butts County0.82%$200,000
Calhoun County1.22%$77,100
Camden County0.93%$213,400
Candler County0.93%$141,500
Carroll County0.66%$262,000
Catoosa County0.69%$226,900
Charlton County0.67%$107,500
Chatham County0.90%$291,400
Chattahoochee County0.73%$129,300
Chattooga County0.76%$86,400
Cherokee County0.71%$427,500
Clarke County0.87%$308,000
Clay County1.05%$81,200
Clayton County0.89%$222,800
Clinch County1.05%$73,900
Cobb County0.72%$398,000
Coffee County0.71%$122,500
Colquitt County0.89%$113,900
Columbia County0.86%$291,100
Cook County0.77%$113,600
Coweta County0.79%$359,600
Crawford County0.80%$149,400
Crisp County0.89%$106,900
Dade County0.62%$157,900
Dawson County0.67%$312,600
Decatur County0.95%$140,800
DeKalb County0.94%$352,200
Dodge County0.79%$104,600
Dooly County1.04%$94,500
Dougherty County1.20%$120,500
Douglas County0.82%$295,700
Early County0.75%$126,500
Echols County0.62%$114,900
Effingham County0.96%$265,400
Elbert County0.79%$104,500
Emanuel County0.82%$87,500
Evans County0.92%$130,500
Fannin County0.38%$260,100
Fayette County0.86%$430,800
Floyd County0.87%$187,900
Forsyth County0.74%$536,700
Franklin County0.72%$146,700
Fulton County0.94%$447,100
Gilmer County0.50%$259,700
Glascock County0.86%$117,300
Glynn County0.61%$264,600
Gordon County0.70%$179,100
Grady County1.00%$147,000
Greene County0.67%$308,000
Gwinnett County0.96%$381,700
Habersham County0.62%$188,800
Hall County0.73%$355,500
Hancock County0.90%$93,500
Haralson County0.79%$187,700
Harris County0.82%$273,200
Hart County0.56%$180,500
Heard County0.57%$134,900
Henry County0.95%$295,000
Houston County0.85%$213,900
Irwin County0.72%$94,700
Jackson County0.83%$325,800
Jasper County0.90%$184,000
Jeff Davis County0.78%$106,800
Jefferson County0.96%$90,900
Jenkins County0.93%$81,800
Johnson County0.98%$81,300
Jones County1.03%$159,500
Lamar County0.96%$177,000
Lanier County0.92%$150,200
Laurens County0.60%$132,000
Lee County1.03%$208,800
Liberty County1.05%$177,800
Lincoln County0.87%$164,300
Long County0.87%$159,900
Lowndes County0.85%$206,100
Lumpkin County0.60%$249,400
Macon County0.68%$78,100
Madison County0.82%$170,600
Marion County0.71%$111,300
McDuffie County0.63%$140,900
McIntosh County0.72%$157,600
Meriwether County0.85%$147,200
Miller County1.26%$119,400
Mitchell County0.86%$98,400
Monroe County0.73%$204,100
Montgomery County0.84%$105,300
Morgan County0.79%$293,300
Murray County0.45%$153,700
Muscogee County0.91%$185,600
Newton County0.90%$278,800
Oconee County0.72%$389,200
Oglethorpe County0.75%$176,300
Paulding County0.84%$312,400
Peach County0.99%$170,500
Pickens County0.68%$263,200
Pierce County0.87%$116,800
Pike County0.83%$234,700
Polk County0.75%$151,400
Pulaski County0.91%$120,500
Putnam County0.69%$203,300
Quitman County0.83%$85,800
Rabun County0.52%$236,900
Randolph County0.92%$83,800
Richmond County0.92%$146,000
Rockdale County0.74%$274,200
Schley County1.01%$154,300
Screven County0.95%$107,800
Seminole County1.04%$110,300
Spalding County0.94%$232,900
Stephens County0.79%$154,200
Stewart County0.86%$72,500
Sumter County1.10%$130,000
Talbot County0.83%$119,400
Taliaferro County1.15%$69,200
Tattnall County0.69%$115,600
Taylor County0.82%$90,100
Telfair County0.82%$90,000
Terrell County1.03%$97,000
Thomas County0.86%$178,900
Tift County0.93%$140,700
Toombs County0.87%$124,800
Towns County0.38%$278,700
Treutlen County0.76%$98,500
Troup County0.86%$227,600
Turner County1.29%$85,600
Twiggs County0.44%$89,300
Union County0.50%$252,100
Upson County0.85%$136,500
Walker County0.92%$185,100
Walton County0.82%$329,800
Ware County0.94%$94,600
Warren County0.72%$82,700
Washington County0.90%$113,700
Wayne County0.81%$142,200
Webster County0.63%$77,100
Wheeler County0.75%$82,600
White County0.63%$232,000
Whitfield County0.71%$209,200
Wilcox County0.83%$65,300
Wilkes County0.74%$92,500
Wilkinson County0.87%$87,600
Worth County1.00%$98,000
Source: American Communities Survey 2022, U.S. Census

How to use the mortgage calculator

To use our mortgage calculator, add your details to the following fields:
1. Home price: What you're hoping to spend on a home.
2. ZIP code: The home's location.
3. Down payment: How much cash you're paying upfront towards the home's price. This calculator defaults to showing a 20% down payment, but you can adjust it up or down by changing the dollar amount or the percentage. This calculator assumes you're using a conventional loan, so it will automatically add private mortgage insurance if the down payment amount is less than 20%.
4. Loan term: The default is 30 years, but you can also choose a shorter term.
5. Interest rate: Use today's average APR, enter the rate you've been quoted or use the lowest APR NerdWallet partners are offering today.
That's the least you can do. To get more accurate results, fill in the following four categories. (Estimates are fine, but this goes over how to get more specific numbers.)
6. Property taxes (per year): This is autofilled with an estimate, but property taxes vary tremendously throughout the country. Get more precise by looking up the tax rate where you're planning to buy or looking at the tax history for the home you're interested in. You can change the property tax amount by editing the dollar amount or the percentage.
7. Homeowners insurance (per year): Mortgage lenders require borrowers to have homeowners insurance. Not sure what you might pay? This calculator puts in an estimate, but you can use NerdWallet's home insurance calculator to fine-tune it. All you need to know is the property location and the rough amount you'd be looking to insure — use the home's price as a proxy.
8. HOA fees: If the home is part of a homeowners association, put the monthly dues here. (The calculator default is no HOA costs.) This is also information you can likely crib from a home's listing. One other note, if there are HOA fees but you're going to pay them directly rather than with an escrow account, you can omit them here.
9. PMI (monthly): If you've entered a down payment amount under 20%, this will autofill, since the calculator assumes you're using a conventional loan. PMI is tied to your credit score, so if you want a more accurate figure, pop over to NerdWallet's PMI calculator. If you're using a VA loan, you can zero this out, since VA loans do not require mortgage insurance. On the other hand, if you're getting an FHA loan, you'll have to pay mortgage insurance premiums regardless of your down payment amount. For more accurate payment info, use our FHA mortgage calculator.
The calculator's results will update as you adjust the numbers in these fields. The results show you the monthly payment, as well as:
  • Loan amount: How much you're actually borrowing in principal.
  • Total interest paid: How much interest you will pay over the life of the mortgage if you keep it until its term ends. (Most people sell or refinance well before that point, but it's still interesting info.)
  • Payoff date: If you kept the same loan for its entire term, here's the month and year when you'd own the home free and clear.
There's also a simple annual amortization schedule. Amortization shows how your mortgage payment changes over time. Even though the principal and interest payment doesn't change with a fixed-rate mortgage, the percentage of that payment that's going toward each component does. At the beginning of the loan, more goes toward interest; the closer to the end of the loan's term, the more of the payment goes toward principal. If you want a more detailed month-by-month look, yes, NerdWallet has an amortization calculator, too.
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CONSIDERING A REFI? If you're looking to see how much you could save by refinancing your mortgage, try NerdWallet's refinance calculator.
» MORE FOR CANADIAN READERS: Canada mortgage payment calculator