CALCMONEY // MORTGAGE // GA
Calculate your monthly mortgage payment using Georgia-specific property tax rates, current average interest rates, and local median home prices.
Open Full Calculator$345,000
6.9%
0.92%
5.49% flat
How today's 6.9% rate compares to recent years
| Period | 30-Yr Rate | vs. Today |
|---|---|---|
| 2026 (current) | 6.9% | — |
| 2024 avg | 7.32% | -0.42% |
| 2023 avg | 7.75% | -0.85% |
| 2022 peak | 7.58% | -0.68% |
| 2021 avg | 3.50% | +3.40% |
| 2020 avg | 3.30% | +3.60% |
Rate estimates based on Freddie Mac Primary Mortgage Market Survey national averages adjusted for Georgia market conditions. Actual rates vary by lender and borrower profile.
| Principal & Interest | $1,818 |
| Property Tax | $265 |
| Homeowners Insurance (est.) | $115 |
| Total Monthly Payment (PITI) | $2,197 |
$69,000
$378,385
$94,167/yr
Georgia homebuyers face a $345,000 median price, 18% below the national figure. Against the state's $65,000 median household income, that's a 5.3x price-to-income ratio.
Property taxes in Georgia average 0.92% of assessed value, below the 1.1% national average. On the median home, that's $3,174 a year, or $265 added to the monthly payment.
Unlike the nine no-income-tax states, Georgia taxes wage income at 5.49% flat. Worth running your actual take-home pay against the $2,197/month payment here before locking in a target price.
Day-to-day expenses statewide track at 93 against the national 100 baseline, below average once you look past the mortgage payment itself.
Georgia's median home price runs 1% higher than Alaska: $342,000 there versus $345,000 here.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $276,000 loan saves $12,420 in interest over 30 years.
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