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Athens, GA mortgage & affordability calculator

The typical home in Athens, GA is worth about $330,000. With 20% down that's a loan near $264,000 — the calculator is pre-filled with that figure. The University of Georgia drives Athens's economy and housing demand, with a large student and staff rental market that sets it apart from the rest of north Georgia. Its college-town character has drawn steady in-migration from the Atlanta metro an hour to the west, pushing prices above the state's smaller cities.

$1,714.05 / month

Total interest
$353,063
Total paid
$617,063
Payoff
30.0 years
Balance over YearBalance ends near $0 at 30.$0$66k$132k$198k$264k0612182430Year

How much you need to earn

Athens, GA's median household income is about $55,000 a year. Under standard 28/36 lending rules that supports a home price around $199,035 with 20% down — below the $330,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.

$198,957 max home price

Max loan amount
$132,957
Housing payment budget
$1,283
P&I budget
$863
Bound by
front-end ratio

Uses the 28% front-end / 36% back-end DTI guidelines. Lenders vary.

Typical asking rent in Athens, GA is about $1,400 a month, so owning the median home costs roughly $734 more per month before tax effects, maintenance, and any change in home value.

Frequently asked questions

What is a typical mortgage payment in Athens, GA?
On the metro's roughly $330,000 typical home with 20% down, the loan is about $264,000. Principal and interest run near $1,714 a month at today's rate, and Athens, GA's property tax plus insurance add about $420, for a full payment near $2,134.
Can I afford a home in Athens, GA on the median income?
The median household income is about $55,000 a year. Under standard 28/36 lending rules that supports a home price around $199,035 with 20% down — below the $330,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Athens, GA?
Typical asking rent is about $1,400 a month. The full owner payment on a median home is near $2,134, so owning costs roughly $734 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Athens, GA?
The effective property tax rate in the core county is about 0.95% of market value — roughly $3,135 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Athens, GA rising or falling?
Home values are up about 4% over the past year. The University of Georgia drives Athens's economy and housing demand, with a large student and staff rental market that sets it apart from the rest of north Georgia. Its college-town character has drawn steady in-migration from the Atlanta metro an hour to the west, pushing prices above the state's smaller cities.

Nearby metros

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