Why Your Budget Matters
In the home-buying process, budget is everything. It determines not only what homes you can buy but also what neighborhoods you can realistically explore. At CAVU Realty, we work with buyers across the Atlanta metro area to set clear budgets that match lifestyle, goals, and financial comfort zones.
Whether you’re a first-time buyer, a pilot relocating to Atlanta, or a seasoned homeowner making a move within the metro, creating a realistic budget ensures your dream home doesn’t become a financial burden.
Key Elements of a Home-Buying Budget in Atlanta
When building your budget, it’s important to consider more than just the purchase price. Here’s what we help our clients factor in:
- Down Payment: Typically ranges from 3% to 20% depending on the loan type.
- Monthly Mortgage Payment: Includes principal, interest, taxes, and insurance (PITI).
- Closing Costs: Usually 2–5% of the home’s purchase price, covering lender fees, title fees, and more.
- Homeowners Insurance: Required by lenders, protects your investment.
- Property Taxes: Vary by county in the Atlanta metro area.
- HOA Fees (if applicable): Common in certain neighborhoods and communities.
- Maintenance & Utilities: Ongoing costs to budget for after move-in.
We make sure nothing gets overlooked so you can move forward with clarity and confidence.
Working With a Trusted Atlanta Lender
At CAVU Realty, we connect our clients with trusted mortgage lenders in the Atlanta area. A good lender will:
- Help determine how much home you can afford.
- Explain loan options (conventional, FHA, VA, jumbo).
- Provide a pre-approval letter, strengthening your offer.
Having the right financing partner makes the rest of the process smoother and keeps your search realistic from the start.
Why Budgeting With an Atlanta Agent Matters
Every market is different—and Atlanta’s is especially dynamic. From rising home values in the South Atlanta suburbs to competitive intown neighborhoods, budgeting with a knowledgeable Atlanta real estate agent gives you the advantage.
Our CAVU Realty agents guide you through what’s realistic in your target area, making sure your budget lines up with current market trends and ultimately that you understand YOUR MONTHLY PAYMENT.
What’s Next?
Once your budget is set, you’re ready to dive into Step 4: Options to Fund Your Down Payment
