Compare mortgage rates and fees for leading lenders in Paulding, GA. 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 lender offering the best mortgage rates in Paulding.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Paulding. Plus, shopping lenders is free and there is no obligation.
September 22, 2019
The current average rate for a 30 year fixed rate mortgage in Paulding is A.AAA%, the rate for a 15 year fixed rate mortgage is B.BBB% and the rate for a 5/1 adjustable rate mortgage (ARM) is C.CCC%
The median home value for Paulding, GA is $183,691
The median household income for Paulding, GA is $65,615
Based on current mortgage rates and a 10% down payment, you need to make $34,081 per year to buy the median priced home in Paulding
The home price you can afford to buy based on household income in Paulding is 193% of the median home value which means housing prices are average
Paulding ranks 88 out of 159 counties in Georgia and 1,733 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Paulding, GA is average
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Paulding below.
Conforming loan limits for Paulding, GA
FHA loan limits for Paulding, GA
VA loan limits for Paulding, GA
US Census Bureau American Community Survey: https://www.census.gov/programs-surveys/acs
FHFA House Price Index: https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index-Datasets.aspx#qat
Income Growth: https://www.bls.gov
National Average Rates: http://www.freddiemac.com/pmms/
Conforming Loan Limits: https://www.fhfa.gov/DataTools/Downloads/Pages/Conforming-Loan-Limits.aspx
FHA Loan Limits: https://entp.hud.gov/idapp/html/hicostlook.cfm
VA Loan Limits: https://www.benefits.va.gov/homeloans/purchaseco_loan_limits.asp
FREEandCLEAR Housing Affordability Index