Average monthly house payment in Georgia?
It depends on where you live. Assuming you're talking Atlanta area, the median home price is $175,000. Assuming you put 5% down and have an interest rate of 5.5%, the principal and interest payment would be around $950. Add $300 for taxes, homeowner's insurance, and mortgage insurance, and your overall payment for a "median" home in the Atlanta area would be $1250.