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Mortgage Calculator &
Closing Costs: Atlanta, GA

Mortgage payment estimates, closing cost breakdowns, and homebuying data for Atlanta, Georgia.

Median Home Price
$415K
Population
499K
Avg Monthly Rent
$1,750
Property Tax Rate
0.92%
Atlanta vs Georgia Median
The median home price in Atlanta is $415,000, which is 22% above the Georgia state median of $340,000.

Mortgage Calculator — Atlanta, GA

Pre-filled with Atlanta median home price and Georgia tax/insurance rates. Adjust for your property.

$
$83,000
%
%
years
GA avg
%
$
Monthly Payment (PITI)
$2,600
Principal + Interest + Tax + Insurance + PMI
Principal & Interest
$2,098
per month
Taxes & Insurance
$501
per month
Total Interest Paid
$423K
over 30 years
Total Loan Cost
$755K
all payments
Payment Breakdown
Loan Amount$332,000
Principal & Interest$2,098
Property Taxes$318
Homeowners Insurance$183
Total Monthly PITI$2,600

Closing Costs — Atlanta, GA

Estimated closing costs based on Georgia rates and fees applied to Atlanta prices.

$
%
Georgia: Avg closing costs 1.5% of price. Transfer tax: 0.1%.
Estimated Closing Costs
$12,826
3.1% of purchase price
Lender Fees
$3,413
origination, underwriting
Third-Party
$3,525
appraisal, title, inspection
Government Fees
$415
transfer taxes, recording
Prepaids + Escrow
$5,473
taxes, insurance, interest
Itemized Costs
Loan Origination (0.8%)$2,988
Underwriting Fee$350
Credit Report$75
Appraisal$550
Home Inspection$450
Title Search + Insurance$2,375
Recording Fee$150
Transfer Tax$415
Prepaid Taxes (3 mo)$955
Prepaid Insurance (12 mo)$2,200
Prepaid Interest (15 days)$998
Escrow Reserves$1,321
Total Closing Costs$12,826

Buying a Home in Atlanta, Georgia

The median home price in Atlanta is $415,000, 22% above the Georgia state median of $340,000. With a population of 498,715, Atlanta is a mid-size city where home prices reflect strong demand and local economic factors.

Property taxes in Georgia average 0.92% annually. This moderate property tax rate means a $415,000 home in Atlanta would carry roughly $318/month in property taxes. Homeowners insurance in Georgia runs approximately $2,200 per year. This is within the normal range nationally.

Average rent in Atlanta is $1,750/month. The price-to-rent ratio in Atlanta is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.

Atlanta is a higher-cost market. At $415K median, buyers need significant savings or strong income. Down payment assistance through Georgia's Georgia Dream Homeownership program becomes especially important.

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Compare total costs of renting vs buying in Atlanta.
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