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Need help selecting halo with pave engagement ring

Even though I've found the setting, I'm still very confused about the diamond.

I'm just a layman and the sheer number of combinations in terms of the 4 C's is confusing me.

Can anyone give me recommendations based on price points for a 1 ct. diamond?

5K, what's the best value in terms of other C's?

at 6k, 7k, 8k, 9k?

I am comfortable spending 9k, but if it's not appreciably different from 5k, for example, I'm not comfortable with that, so I am just trying to understand what the differences are.

Should I get a H colour diamond with an excellent cut, or an I colour diamond with a hearts & arrows cut, is the kind of question I am having trouble answering.
 
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