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Atlanta, GA mortgage & affordability calculator

The typical home in Atlanta, GA is worth about $400,000. With 20% down that's a loan near $320,000 — the calculator is pre-filled with that figure. A large, spread-out metro where price and tax rate vary a lot by county — Fulton and DeKalb run higher than the outer suburbs. Steady corporate relocations keep demand solid without the sharp spikes seen in Sun Belt peers.

$2,077.64 / month

Total interest
$427,952
Total paid
$747,952
Payoff
30.0 years
Balance over YearBalance ends near $0 at 30.$0$80k$160k$240k$320k0612182430Year

How much you need to earn

Atlanta, GA's median household income is about $78,000 a year. Under standard 28/36 lending rules that supports a home price around $289,725 with 20% down — below the $400,000 typical price, so many buyers need a larger down payment, a co-borrower, or a longer commute.

$289,776 max home price

Max loan amount
$209,776
Housing payment budget
$1,820
P&I budget
$1,362
Bound by
front-end ratio

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

Typical asking rent in Atlanta, GA is about $1,750 a month, so owning the median home costs roughly $786 more per month before tax effects, maintenance, and any change in home value.

Frequently asked questions

What is a typical mortgage payment in Atlanta, GA?
On the metro's roughly $400,000 typical home with 20% down, the loan is about $320,000. Principal and interest run near $2,078 a month at today's rate, and Atlanta, GA's property tax plus insurance add about $458, for a full payment near $2,536.
Can I afford a home in Atlanta, GA on the median income?
The median household income is about $78,000 a year. Under standard 28/36 lending rules that supports a home price around $289,725 with 20% down — below the $400,000 typical price, so buyers often need a larger down payment or a co-borrower.
Is it cheaper to rent or buy in Atlanta, GA?
Typical asking rent is about $1,750 a month. The full owner payment on a median home is near $2,536, so owning costs roughly $786 more per month before tax effects, maintenance, and any appreciation.
How much are property taxes in Atlanta, GA?
The effective property tax rate in the core county is about 0.90% of market value — roughly $3,600 a year on the typical home. Your exact rate depends on the municipality and any exemptions.
Are home prices in Atlanta, GA rising or falling?
Home values are up about 3% over the past year. A large, spread-out metro where price and tax rate vary a lot by county — Fulton and DeKalb run higher than the outer suburbs. Steady corporate relocations keep demand solid without the sharp spikes seen in Sun Belt peers.

Nearby metros

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