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Georgia Real Estate Math Calculators

20 study calculators covering Georgia tax, transaction, financing, income, measurement, and ratio math. Each shows the setup beneath the result. Free, no sign-up.

Facts checked against the current PSI Candidate Information Bulletin and GREC sources. Editorial standards.

All calculators

Georgia transfer tax

Tax on the sale price, paid at closing.

Result

$285.00

$1 for the first $1,000 or fraction + 2,840 additional $100 units x $0.10

Georgia: Follows the sale price. Do not confuse it with the intangible tax on the loan.

Assumption: Assumes the stated consideration is taxable and no exemption changes the calculation.

Intangible recording tax

Tax on the loan amount, not the price.

Result

$960.00

$1.50 per $500 or fraction of the qualifying note, capped at $25,000 on a single note.

Georgia: Follows the loan. A stem giving both numbers is testing exactly this.

Assumption: Assumes a qualifying Georgia secured note and applies the statutory cap to one note.

Assessed value

Georgia assesses at 40% of fair market value.

Result

$120,000.00

$300,000.00 x 0.40

Georgia: Apply the 40% ratio before millage, never after.

Assumption: Shows the ordinary statewide assessment ratio before exemptions, special programs, and local millage.

Property tax

Millage applied to the assessed value.

Result

$3,000.00

$300,000.00 x 0.40 = $120,000.00, minus $0.00, / 1,000 x 25

Georgia: Assessed value first, then millage. Skipping the ratio is the classic error.

Assumption: Uses the exemption and millage figures entered. Actual local bills can include multiple authorities and charges.

Commission

Total commission on a sale price.

Result

$20,400.00

$340,000.00 x 6%

Assumption: The rate is a scenario input, not a standard or recommended commission.

Seller net to sale price

What the property must sell for to net a target.

Result

$297,872.34

($280,000.00 + $0.00) / 0.94. Divide, never add the rate.

Assumption: Uses one percentage cost plus the fixed seller costs entered.

Buyer funds needed

Down payment and debits less deposits and credits.

Result

$29,200.00

$30,000.00 + $4,200.00 - $5,000.00

Assumption: Treats the supplied deposits and credits as already available to reduce the remaining funds.

Loan-to-value

Loan divided by value.

Result

80.00%

$200,000.00 / $250,000.00

Assumption: Uses the value entered. A real loan program may direct which value controls.

Total debt-to-income

Monthly housing and recurring debts over gross monthly income.

Result

35.00%

($1,900.00 + $725.00) / $7,500.00

Assumption: All inputs must use the same monthly period and gross income before tax.

Discount points

One point is 1% of the loan.

Result

$1,800.00

$180,000.00 x 1%. Points follow the loan, not the price.

Assumption: Calculates the stated points on the loan amount without other lender fees.

Capitalization rate

Net operating income over value.

Result

8.00%

$48,000.00 / $600,000.00. Use NOI, never gross rent.

Assumption: Uses annual NOI before debt service and income tax.

Gross rent multiplier

Price divided by gross rent.

Result

10.00

$240,000.00 / $24,000.00

Assumption: Price and gross rent must use the comparison period intended by the question.

Net operating income

Effective gross income less operating expenses.

Result

$77,000.00

$108,000.00 - $31,000.00. Exclude financing and depreciation.

Assumption: Operating expenses exclude debt service, depreciation, and income tax.

Proration

Annual amount split by days under the stated year basis.

Result

$900.00

$3,600.00 / 360 x 90

Georgia: The question or contract controls year basis, closing day, payment status, debit, and credit.

Assumption: The question or contract must supply the year basis, ownership days, payment status, and closing-day convention.

Monthly principal and interest

Fully amortizing payment.

Result

$1,199.10

Principal and interest only. Taxes and insurance are on top.

Assumption: Assumes a fixed rate and level monthly principal-and-interest payments over the full term.

PITI

Monthly principal and interest plus monthly taxes and insurance.

Result

$2,155.00

$1,680.00 + $4,200.00 / 12 + $1,500.00 / 12

Assumption: Divides annual tax and insurance evenly by 12 and excludes other housing charges.

Owner equity

Current value less current secured debt.

Result

$150,000.00

$440,000.00 - $290,000.00

Assumption: Uses current value and current secured balances, not original price or original loans.

Acreage

Square feet to acres.

Result

10.00 acres

660 x 660 = 435,600 sq ft, / 43,560

Assumption: Assumes a rectangle and converts at 43,560 square feet per acre.

Down payment

Price less loan.

Result

$50,000.00

$250,000.00 - $200,000.00

Assumption: Uses only purchase price and loan amount, before closing costs, deposits, and credits.

Profit or loss

Percentage change on the original amount.

Result

25.00%

($250,000.00 - $200,000.00) / $200,000.00

Assumption: Measures change against the original amount and does not include transaction costs.

The three Georgia calculations that catch people

Transfer tax is $1 for the first $1,000 or fraction of taxable consideration and $0.10 per additional $100 or fraction. Intangible recording tax applies to the loan amount. Property tax applies millage to 40% of fair market value, not the full value. Exam questions routinely give you every number needed to get all three wrong.

Use these to check yourself, not to replace the working. On exam day you get a basic calculator and no notes, so the setup has to come from memory. The math drill practices exactly that, and the formulas page lists every one with a worked example.

For prorations, choose the 360-, 365-, or 366-day basis stated in the problem. For Georgia transfer and intangible taxes, the calculators apply the statutory fractional-unit round-up rules. Actual contracts, taxability, exemptions, lender terms, and closing documents control outside an exam scenario.

Using the calculators

Facts checked against the current PSI Candidate Information Bulletin and GREC sources. Editorial standards.

Can I use these on exam day?

No. PSI provides an online calculator and prohibits handheld calculators. Use these study calculators to check the setup, then practice with simple on-screen operations.

Which calculations are Georgia-specific?

Transfer tax on the sale price, intangible recording tax on the loan, and the 40% assessment ratio before millage. Everything else is standard national math.

Why does each calculator show its working?

Because the exam tests setup selection, not arithmetic. A number without the method behind it does not teach you anything you can use under time pressure.