Compare Paulding, 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 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.
May 23, 2022
Below we provide helpful information on the real estate market, home prices and housing affordability in Paulding. Understand how much you need to earn to afford a home in Paulding, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Paulding 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 Paulding is right for you.
The median home value for Paulding, GA is $263,425
Based on current mortgage rates and a 10% down payment, you need to make $43,161 per year to buy the median priced home in Paulding
With this income, you could qualify for a $237,083 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 Paulding is $1,000
The median household income for Paulding, GA is $81,930
Based on this income, you can afford a home valued at approximately $500,043
The home price you can afford to buy based on household income in Paulding is 190% of the median home value which means housing prices are average. Paulding ranks 98 out of 159 counties in Georgia and 1,942 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