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The lenders whose rates and other terms appear on this chart are ICBs advertising partners they provide their rate information to our data partner RateUpdatecom Unless adjusted by the consumer advertisers are sorted by APR lowest to highest For any advertising partners that do not provide their rate they are listed in advertisement display units at the bottom of the chart Advertising partners may not pay to improve the frequency priority or prominence of their display The interest rates annual percentage rates and other terms advertised here are estimates provided by those advertising partners based on the information you entered above and do not bind any lender Monthly payment amounts stated do not include amounts for taxes and insurance premiums The actual payment obligation will be greater if taxes and insurance are included Although our data partner RateUpdatecom collects the information from the financial institutions themselves the accuracy of the data cannot be guaranteed Rates may change without notice and can change intraday Some of the information contained in the rate tables including but not limited to special marketing notes is provided directly by the lenders Please verify the rates and offers before applying for a loan with the financial institution themselves No rate is binding until locked by a lender
Compare Newnan, GA mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Newnan.
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April 28, 2024
Below we provide helpful information on the real estate market, home prices and housing affordability in Newnan. Understand how much you need to earn to afford a home in Newnan, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Newnan fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Newnan is right for you.
The median home value for Newnan, GA (Coweta County) is $340,808
Based on current mortgage rates and a 10% down payment, you need to make $71,098 per year to buy the median priced home in Newnan
With this income, you could qualify for a $306,727 mortgage, assuming your monthly debt expense is reasonable
Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Newnan is $1,647
The median household income for Newnan, GA (Coweta County) is $86,026
Based on this income, you can afford a home valued at approximately $412,365
The home price you can afford to buy based on household income in Newnan is 121% of the median home value which means housing prices are average. Newnan (Coweta County) ranks 134 out of 159 counties in Georgia and 2,486 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Newnan, GA is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Newnan (Coweta County) below.
Conforming loan limits for Newnan, GA
FHA loan limits for Newnan, GA