Atlanta, GA Mortgage Calculator
Estimate your monthly mortgage payment in Atlanta including property taxes, homeowners insurance, PMI, and 2026 loan limits.
Local Home Values & Affordability
Atlanta's median home value of $430,000 runs about 39% above the US median of $310,000, reflecting strong local demand.
A 20% down payment on a median Atlanta home requires $86,000 in cash — or $15,050 for an FHA-minimum 3.5% down payment. Buyers with less than 20% down will also need to budget for PMI or FHA MIP.
Property Tax in This Market
Based on the 1.14% effective rate and a median home value of $430,000, a typical homeowner in Fulton County pays approximately $4,902 in annual property taxes — or $409 per month added to their mortgage payment.
Fulton County's property tax rate of 1.14% is close to the national average of 1.10%. On a median-priced home of $430,000, expect an annual tax bill of approximately $4,902.
Sources: Tax Foundation 2025
Homeowners Insurance Costs
Homeowners insurance in Fulton County runs approximately $1,800/year ($150/month), in line with the national average of $1,600.
Premium quotes in Fulton County typically range from $1,200 to $2,700 per year depending on home age, construction type, coverage limits, and your insurer. Always get multiple quotes.
Sources: NAIC 2024
Loan Limits & Financing Options
A buyer purchasing the median Atlanta home ($430,000) with FHA's minimum 3.5% down would borrow $414,950 — well within the $541,287 baseline FHA limit for this county. FHA financing is a viable option for most buyers here.
With 20% down on a median-priced home, the loan amount of $344,000 stays $488,750 below the $832,750 conforming limit — giving buyers access to conventional Fannie/Freddie pricing without jumbo underwriting.
All FHA loans require an upfront mortgage insurance premium (UFMIP) of 1.75% of the loan amount, plus an annual MIP of 0.55%–0.75% of the loan balance paid monthly. On a $414,950 FHA loan, expect approximately $190/month in ongoing MIP — added to principal, interest, taxes, and insurance.
Sources: HUD ML 2025-23, FHFA 2026, HUD MIP Rates 2023
Extra Monthly Payment
Estimated Monthly Payment
$2,836
Estimates are for educational purposes only and are not a loan offer or commitment to lend.
Loan Amount: $344,000
LTV: 0.01%
P&I Payment
$2,277
Total Interest
$475,756
over loan life
Payoff
30 yr
Closing Costs
$5,877–$10,970
est. range
Monthly Payment Breakdown
2026 Loan Limit Context
FHA Limit
$541,287
Conforming Limit
$832,750
Amortization Schedule
| Mo. | Payment | Principal | Interest | Balance | Total Interest |
|---|---|---|---|---|---|
| 1 | $2,277 | $285 | $1,992 | $343,715 | $1,992 |
| 2 | $2,277 | $286 | $1,991 | $343,429 | $3,983 |
| 3 | $2,277 | $288 | $1,989 | $343,141 | $5,972 |
| 4 | $2,277 | $290 | $1,987 | $342,851 | $7,959 |
| 5 | $2,277 | $291 | $1,986 | $342,560 | $9,945 |
| 6 | $2,277 | $293 | $1,984 | $342,266 | $11,929 |
| 7 | $2,277 | $295 | $1,982 | $341,972 | $13,911 |
| 8 | $2,277 | $297 | $1,981 | $341,675 | $15,892 |
| 9 | $2,277 | $298 | $1,979 | $341,377 | $17,871 |
| 10 | $2,277 | $300 | $1,977 | $341,077 | $19,848 |
| 11 | $2,277 | $302 | $1,975 | $340,775 | $21,823 |
| 12 | $2,277 | $303 | $1,974 | $340,472 | $23,797 |
2026 Loan Limits — Fulton County, GA
| Limit Type | 2026 Limit | Note |
|---|---|---|
| FHA Loan Limit (1-unit) | $524,225 | Max loan for FHA-insured mortgage |
| Conforming Loan Limit (1-unit) | $806,500 | Fannie Mae / Freddie Mac eligible |
Source: HUD / FHFA. Data as of 2025-01-15.
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