Mortgage Rates in Georgia — June 2026
Compare mortgage rate benchmarks across 96 cities in Georgia. Amortio's estimated state average for a 30-year fixed loan is 6.69%, which is 0.16% above the Freddie Mac national benchmark of 6.53% from May 28, 2026. These figures are informational estimates, not lender quotes or APR offers.
What is the current Georgia mortgage-rate benchmark?
Amortio's Georgia state table shows an estimated 6.69% 30-year benchmark across 96 cities, versus Freddie Mac's 6.53% national 30-year PMMS benchmark from May 28, 2026. Use it to compare city payments, then request same-day lender Loan Estimates for APR, points, fees, lock period, and cash-to-close.
How to Read Georgia Mortgage Rates
Georgia is not one uniform mortgage market. The rate table below covers 96 cities, but the real payment difference comes from home price, income, property taxes, loan size, and whether a borrower fits conventional, FHA, VA, or jumbo pricing. Use this page to compare cities first, then use lender quotes for final APR and fee decisions.
- At the state-average payment of $1,382 per month and median income of $56,248, Georgia looks close to the traditional affordability line for many households.
- The observed city-level 30-year benchmark spread is 0.86 percentage points, from 6.03% to 6.89%. Even small rate differences matter more in expensive cities because they apply to larger loan balances.
- Property taxes are material but not the only factor; rate, loan size, and insurance assumptions can move the final payment just as much.
- For buyers comparing down payment choices, pair this state page with the PMI calculator, affordability calculator, and closing cost estimator before assuming the lowest advertised rate creates the lowest total cost.
Payment-Efficient Georgia Cities
| City | P&I / Income | Monthly P&I | Median Income | 30-Year Rate |
|---|---|---|---|---|
| Chester | 17.5% | $955 | $65,500 | 6.83% |
| Crawford | 18.5% | $988 | $64,000 | 6.64% |
| Pooler | 21% | $1,607 | $91,766 | 6.36% |
| Powder Springs | 23.9% | $936 | $47,000 | 6.64% |
| Swainsboro | 23.9% | $1,337 | $67,000 | 6.66% |
Highest-Priced Georgia Markets to Stress-Test
Georgia Mortgage Quote Comparison Worksheet
Use this checklist before choosing between lender quotes, state assistance, builder credits, or a temporary buydown. It is built to catch the costs that do not show up in a simple rate table.
| Line Item | What to Compare |
|---|---|
| Rate vs APR | APR exposes points, lender fees, and credits that can hide inside a lower advertised rate. |
| Cash to close | Compare down payment, closing costs, prepaid taxes, insurance escrow, and any assistance or seller credit. |
| Payment after escrow | Georgia buyers should compare principal, interest, property tax, insurance, HOA or condo dues, and mortgage insurance together. |
| Assistance terms | Down payment assistance can be a grant, forgivable second, deferred second, or repayable loan; the repayment rule changes the real cost. |
| Rate lock and buydown | Temporary buydowns and lender credits can improve the first-year payment while leaving a higher long-run payment. |
A strong Georgia mortgage comparison should include at least two lender Loan Estimates plus one program or assistance check where available. Pair this worksheet with the affordability calculator, PMI calculator, and closing cost estimator.
Georgia Mortgage Rate & Georgia Dream Notes
Georgia buyers should compare mortgage-rate benchmarks with Georgia Dream eligibility, Atlanta-area price differences, property tax escrow, mortgage insurance, and cash-to-close. This page is for planning and comparison, not a lender quote or APR offer.
- The Georgia Department of Community Affairs says Georgia Dream provides affordable financing options, down payment assistance, and homebuyer education for eligible low- and moderate-income Georgians.
- Georgia Dream rates and eligibility are handled through participating lenders and DCA compliance review, so buyers should verify current income, price, and product rules before applying.
- Atlanta, Savannah, Augusta, Macon, Athens, and smaller Georgia markets can have very different home-price and property-tax assumptions under the same national rate benchmark.
- Compare Georgia Dream with conventional, FHA, VA, and USDA quotes because assistance can change cash-to-close while fees, mortgage insurance, and APR change long-run cost.
Georgia Loan Limit & Assistance Checks
| Area | Conforming | FHA | Why It Matters |
|---|---|---|---|
| Georgia conventional loans | Use FHFA lookup | Use HUD lookup | Check county limits before deciding whether a loan is conforming, FHA, or jumbo. |
| Georgia Dream purchase | Program-specific | Program-specific | Georgia Dream uses participating lenders and current DCA rules for eligibility and assistance. |
| USDA-eligible rural purchase | N/A | N/A | Some Georgia markets may be considered for USDA financing; check property and income eligibility separately. |
Official Georgia Mortgage Sources
Georgia Housing Highlights
All 96 Cities in Georgia
| City | 30-Yr Rate | Home Price | Monthly P&I | Population |
|---|---|---|---|---|
| Atlanta | 6.7% | $395,000 | $2,039 | 498,715 |
| Columbus | 6.76% | $175,000 | $909 | 206,922 |
| Augusta | 6.7% | $175,000 | $903 | 202,081 |
| Macon | 6.7% | $145,000 | $749 | 157,346 |
| Savannah | 6.7% | $255,000 | $1,291 | 148,808 |
| Athens | 6.7% | $255,000 | $1,316 | 127,064 |
| Sandy Springs | 6.7% | $485,000 | $2,504 | 108,080 |
| Roswell | 6.7% | $465,000 | $2,400 | 94,786 |
| Johns Creek | 6.7% | $525,000 | $2,710 | 82,453 |
| Warner Robins | 6.7% | $195,000 | $1,007 | 80,308 |
| Albany | 6.7% | $125,000 | $645 | 69,647 |
| Alpharetta | 6.77% | $289,000 | $1,503 | 67,213 |
| Marietta | 6.83% | $281,000 | $1,470 | 60,972 |
| Stonecrest | 6.68% | $304,000 | $1,566 | 59,073 |
| Smyrna | 6.82% | $260,000 | $1,359 | 56,628 |
| Valdosta | 6.7% | $175,000 | $903 | 56,457 |
| Brookhaven | 6.72% | $288,000 | $1,490 | 55,554 |
| Dunwoody | 6.74% | $310,000 | $1,607 | 51,683 |
| Swainsboro | 6.66% | $260,000 | $1,337 | 45,829 |
| Gainesville | 6.77% | $299,000 | $1,555 | 44,252 |
| Newnan | 6.71% | $292,000 | $1,509 | 43,645 |
| Peachtree Corners | 6.88% | $262,000 | $1,378 | 43,561 |
| Bowdon | 6.75% | $300,000 | $1,557 | 41,191 |
| Peachtree City | 6.7% | $415,000 | $2,142 | 38,550 |
| East Point | 6.74% | $262,000 | $1,358 | 38,358 |
| Evans | 6.85% | $272,000 | $1,426 | 37,747 |
| Martinez | 6.61% | $286,000 | $1,463 | 36,771 |
| Tucker | 6.76% | $296,000 | $1,537 | 36,542 |
| Rome | 6.45% | $195,000 | $981 | 36,303 |
| Douglasville | 6.86% | $277,000 | $1,454 | 36,187 |
| Dalton | 6.7% | $195,000 | $1,007 | 34,567 |
| Experiment | 6.61% | $245,000 | $1,253 | 34,443 |
| Woodstock | 6.7% | $375,000 | $1,936 | 34,429 |
| Kennesaw | 6.7% | $345,000 | $1,781 | 34,077 |
| Statesboro | 6.7% | $195,000 | $1,007 | 33,640 |
| Hinesville | 6.7% | $195,000 | $1,007 | 33,437 |
| Canton | 6.09% | $365,000 | $1,767 | 33,143 |
| Pooler | 6.36% | $322,400 | $1,607 | 32,744 |
| Flowery Branch | 6.7% | $295,000 | $1,523 | 32,689 |
| LaGrange | 6.1% | $185,000 | $897 | 31,438 |
| 56 more Georgia city mortgage-rate pages are available as individual pages and in the XML sitemap. | ||||
Georgia Mortgage Rates Guide — 2026
Georgia homebuyers can use an estimated 30-year fixed benchmark of 6.69%, with median home prices around $267,957. At these rates, the typical monthly mortgage payment (principal and interest with 20% down) is $1,382.
The most affordable city for homebuyers in Georgia is Albany, where the median home price is $125,000. On the other end, Johns Creek has the highest prices at $525,000. Property tax rates across the state average 0.91%.
To comfortably afford a home at the state average price, a household income of approximately $59,229 is recommended, following the standard guideline that housing costs should not exceed 28% of gross income.
For Georgia mortgage-rate searches, start with the statewide benchmark and then compare the city table to see how Atlanta-area pricing differs from smaller markets. Georgia Dream can be useful, but only after checking income, purchase price, lender, and education requirements.
Use our free loan calculator to see your estimated monthly payments and amortization schedule, or browse individual city pages below for localized rate data and market insights.
Methodology & Mortgage Rate Data Sources
How we calculate Georgia mortgage rates: Our rate estimates start with weekly mortgage-rate benchmarks and then compare city-level housing assumptions. They are designed for planning and comparison, not as a guarantee of lender pricing.
- Benchmark mortgage rates from Freddie Mac Primary Mortgage Market Survey (PMMS) — the most-cited weekly survey of 30-year and 15-year fixed conforming rates.
- Federal Reserve rate policy tracked via FRED — Federal Reserve Economic Data — the St. Louis Fed's authoritative database of interest rate series.
- Conforming loan limits set annually by the FHFA Conforming Loan Limit announcements (Georgia 2026: $832,750 baseline, with higher one-unit limits in high-cost counties).
- State lending regulation context from HUD State Information pages covering FHA, down payment assistance, and housing finance agency programs in Georgia.
- Mortgage market trends tracked via Mortgage Bankers Association (MBA) Weekly Applications Survey — the industry benchmark for mortgage demand and rate sensitivity.
Authoritative mortgage rate data sources:
- Freddie Mac PMMS — weekly 30yr and 15yr fixed rate benchmark
- FRED — Federal Reserve Economic Data — interest rate and housing series
- FHFA — Federal Housing Finance Agency — conforming loan limits and HPI
- HUD — Housing and Urban Development — FHA programs and state assistance
- Georgia Dream — Georgia Dream assistance and product overview
- CFPB Mortgage Rate Checker — personalized rate comparison tool
- VA Home Loan Program — zero down payment loan for eligible veterans
Rate Disclaimer: Rates shown are estimates based on current market surveys and may not reflect actual lender quotes. Your rate depends on credit score, loan-to-value ratio, down payment, property type, and lender. Always obtain personalized rate quotes from multiple lenders. Rates change daily.
Reviewed by Brazora Monk · Last updated May 2026 · Freddie Mac PMMS data current as of May 28, 2026
Frequently Asked Questions — Georgia Mortgages
What are current mortgage rates in Georgia?
As of May 28, 2026, Freddie Mac's national benchmark was 6.53% for the 30-year fixed and 5.87% for the 15-year fixed. Amortio's Georgia city comparison shows an estimated 30-year benchmark average of 6.69% and 15-year average of 5.93%. Rates vary by city, lender, lock date, fees, and borrower qualification.
What is the average home price in Georgia?
The median home price across 96 cities in Georgia is $267,957. Prices range from $125,000 in Albany to $525,000 in Johns Creek.
How much income do I need to buy a house in Georgia?
Based on the 28% debt-to-income guideline, you would need a household income of approximately $59,229 to comfortably afford the average home in Georgia. The median household income in the state is approximately $56,248.
What is Georgia Dream?
Georgia Dream is a Georgia Department of Community Affairs homeownership program that can provide affordable financing options, down payment assistance, and homebuyer education for eligible borrowers through participating lenders.
Do Georgia Dream rates replace normal lender shopping?
No. Georgia Dream can be part of the comparison, but borrowers should still compare APR, points, lender fees, mortgage insurance, cash-to-close, and repayment rules against other conventional or government-backed quotes.
Georgia Mortgage Rates by ZIP Code
Explore mortgage rates for specific ZIP codes in Georgia. Rates can vary by neighborhood based on local property values and lending conditions.
Browse Mortgage Rates by State
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