Georgia Mortgage Guide

Complete Georgia mortgage guide with median home prices, property tax rates, denial rates, and down payment assistance programs for 2026.

In Georgia, the median home price is $332,066 and median household income is $74,632. The mortgage denial rate for home purchases is 11.74% according to 2025 HMDA data. 3 down payment assistance programs are available, including Georgia Dream Standard (5% of purchase price (max $10,000) as a 0% interest deferred second mortgage for first-time homebuyers.).

Georgia at a Glance

$332,066
Median Home Price
$74,632
Median Income
11.74%
Denial Rate
10,912,876
Population

Median prices based on 2025 FHFA data. Income from 2024 Census ACS. Denial rates from 2025 HMDA data.

Mortgage Calculator for Georgia

Estimate your monthly payment with the interactive Georgia mortgage calculator. Includes property taxes, mortgage insurance, and down payment assistance programs.

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Mortgage Denial Rates in Georgia

In 2025 Home Mortgage Disclosure Act (HMDA) data for home purchases, Georgia logged 202,201 final-action applications. The mortgage denial rate was 11.74% and the originated share was 64.03%.

These figures show aggregated market outcomes, not an individual buyer's approval odds. Use these figures as context, not a prediction.

Down Payment Assistance Programs in Georgia

Georgia Dream Standard

Georgia Department of Community Affairs

5% of purchase price (max $10,000) as a 0% interest deferred second mortgage for first-time homebuyers.

Georgia Dream PEN

Georgia Department of Community Affairs

6% of purchase price (max $12,500) for protectors, educators, nurses, and military as a deferred second mortgage.

Georgia Dream Peach Advantage

Georgia Department of Community Affairs

2% to 5% DPA for first-time or repeat buyers at up to 150% AMI; conventional loans only.

Georgia County Calculators

These calculators use local tax and benefit data for each county.

Chatham County

Denial: 9.19% · Tax: 0.90% · 1 DPA programs

Cobb County

Denial: 8.22% · Tax: 0.95% · 1 DPA programs

DeKalb County

Denial: 10.15% · Tax: 1.10% · 1 DPA programs

Fulton County

Denial: 9.57% · Tax: 1.15% · 1 DPA programs

Gwinnett County

Denial: 10.31% · Tax: 1.19% · 1 DPA programs

Richmond County

Denial: 13.01% · Tax: 1.10% · 1 DPA programs

Georgia City Calculators

These calculators include local taxes, closing costs, and assistance programs for each city.

Atlanta

Fulton County

Tax: 1.45% · 1 DPA programs

Augusta

Richmond County

Tax: 1.10% · 1 DPA programs

Savannah

Chatham County

Tax: 1.40% · 1 DPA programs

Georgia Mortgage FAQ

What is the median home price in Georgia?

The median home price in Georgia is approximately $332,000 as of 2025, based on FHFA housing price index data.

Does Georgia have down payment assistance programs?

Yes. Georgia offers Georgia Dream Standard (5% or $10,000), Georgia Dream PEN (6% or $12,500 for public servants), and Peach Advantage (2-5% for various buyers).

What is the mortgage denial rate in Georgia?

The statewide mortgage denial rate for home purchases in Georgia is 11.74% based on 2025 HMDA data.

How do Georgia property taxes compare to other states?

Georgia has moderate property taxes, averaging around 0.87%, below the national average. Georgia offers a homestead exemption that reduces the assessed value for primary residences.

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