How much house can you afford in Georgia? What are the current mortgage interest rates in the state? How will a percentage change in interest rates affect your monthly mortgage payments? What do you need to do to get your loan-to-value ratio to 78%, or perhaps pay off your mortgage completely? These are questions that every Georgia homeowner ponders over every once in a while.
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1015202530
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$0
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The only problem is you can get a straight answer because you need to do some calculations with multiple variables and formulas. That can be a daunting task even for someone who loves doing math. Plus you can easily get the values wrong what with the ever changing real estate variables like interest rates. The last thing you want is incorrect values when dealing with a mortgage.
We at Moreira Team understand all that and have decided to provide a simple-to-use calculator that can help solve your mortgage calculation problems. If you are in Georgia, you will be glad to know that our calculator is tailored to suit Georgia homebuyers and homeowners. It takes into account all the Georgia variables, including interest rates, taxes, and insurance charges. But that is not the only reason to use our Georgia mortgage calculator. It is also very accurate and covers all the variables involved in a mortgage.
Some of the calculators that you will find online usually ignore certain important variables like how often you plan to pay your mortgage. They assume everybody makes monthly payments when in fact some Georgians prefer to do weekly or bi-weekly. We also update interest rates, taxes, and insurance premiums as they change.
Purchase Affordability Calculator
Annual Salary
Interest Rate
Loan Term
1015202530
Monthly Debt
Property Taxes
Home Insurance
Maximum Monthly Payment (P&I Only)
$0
Maximum Monthly Payment (Total Payment)
$0
Max Mortgage Amount
$0
Try our calculator and find out some different aspects about a Georgia mortgage, whether you are planning to apply or even if you have already started your mortgage.
See How Easy it is to Get Your Custom Rate! Watch Now ▶
Georgia Mortgage Rates for 5.29.23
30 Yr. Fixed7.000%APR 7.511%
15 Yr. Fixed6.375%APR 6.874%
30 Yr. Fixed FHA6.125%APR 7.100%
30 Yr. Fixed Jumbo6.375%APR 6.534%
Rates as of May, 29 2023 See All Rates | See Rate Assumptions
Instant rate & closing cost quotes. No SSN required. 100% transparent process & “real” rates mean you save money and spend less out of pocket. No hard sales – guaranteed!
Conventional Rates shown assume a purchase transaction.
Annual Percentage Rate (APR) calculations assume a purchase transaction of a single-family, detached, owner-occupied primary residence; a loan-to-value ratio of less than or equal to 95%; a minimum FICO score of 760, lock days at 30.
Term
Loan Amount
LTV
Points
30yr Fixed
$351,000
95.0%
1
15yr Fixed
$351,000
95.0%
1
30yr Jumbo
$650,000
75.0%
1
30yr FHA
$275,000
96.5%
1
30 Yr VA
$300,000
100.0%
1
Rates may be higher for loan amounts under $351,000. Please call for details.
Rates are subject to change without notice.
Closing Costs assume that borrower will escrow monthly property tax and insurance payments.
Subject to underwriter approval; not all applicants will be approved.
Fees and charges apply.
Payments do not include taxes and insurance.
Rates based on information gathered from OptimalBlue.
Mortgage insurance is not included in the payment quoted. Mortgage insurance will be required for all FHA and USDA loans as well as conventional loans where the loan to value is greater than 80%.
Restrictions may apply. Ask for details.
Moreira Team | MortgageRight is an Equal Opportunity Lender
“Rate Over X%” Assumptions
Rates shown assume a refinance transaction.
Annual Percentage Rate (APR) calculations assume a purchase transaction of a single-family, detached, owner-occupied primary residence; a loan-to-value of 75%; a minimum FICO score of 740; a Loan Term of 360 months; and a loan amount of $300,000 for conforming loans.
Rates may be higher for loan amounts under $275,000. Please call for details.
Rates are subject to change without notice.
Closing Costs assume that borrower will escrow monthly property tax and insurance payments.
Subject to underwriter approval; not all applicants will be approved.
Fees and charges apply.
Payments do not include taxes and insurance.
Rates based on information gathered from OptimalBlue.
Mortgage insurance is not included in the payment quoted. Mortgage insurance will be required for all FHA and USDA loans as well as conventional loans where the loan to value is greater than 80%.
Restrictions may apply.
Moreira Team | MortgageRight is an Equal Opportunity Lender
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