Estimate your monthly payment in seconds · principal & interest, property taxes, homeowners insurance, HOA, and PMI · all in one place.
Estimates only · not a Loan Estimate or financial advice. PMI assumed at ~0.75%/yr when LTV > 80%.
The loan itself. Principal pays down the balance; interest is the lender's fee. Together they're a fixed amount each month on a fixed-rate mortgage.
Georgia averages ~0.9–1.3% of the home's value per year, collected monthly into escrow. Atlanta-metro counties (Fulton, Gwinnett, Cobb) cluster near 1.0–1.1%.
Required by your lender. Typically 0.5–0.8% of home value annually in Georgia. Get at least two quotes before closing — premiums vary a lot.
Only applies if the property is in an HOA community. Ranges from $20/month (basic neighborhoods) to $500+/month (gated communities, condos with amenities).
Private mortgage insurance kicks in when you put down less than 20% (LTV > 80%). It drops off automatically once you reach 78% LTV through normal payments.
No mortgage recording tax (unlike many states). $1-per-$1,000 transfer tax. Real estate attorney required at closing. Sellers commonly contribute 3–6% in concessions.
A real pre-approval from a vetted Atlanta lender takes the guesswork out — and shows sellers you're serious.
Talk to an AgentDisclaimer. This calculator produces rough estimates based on the inputs you provide and typical Atlanta-metro market averages. Actual figures — including principal & interest, PMI rate, property tax assessments, insurance premiums, HOA dues, and lender fees — will vary based on your specific loan product, lender, credit profile, property location, and current market conditions.
This is not a Loan Estimate (LE), Good Faith Estimate (GFE), or Truth-in-Lending Disclosure. Under RESPA, your lender is required to provide a Loan Estimate within 3 business days of receiving your application — that document reflects your actual costs.
Home Key Atlanta is a real estate team operating under SimplyHomes ATL, a licensed Georgia brokerage — not a mortgage lender, bank, or financial institution. We do not originate loans, issue pre-approvals, or guarantee financing. Any lender recommendations are referrals only; you are free to choose any licensed lender.