FHA Loans · FL
FHA Home Loans in Boca Raton, FL
With a $658,000 median, the $667,000 FHA limit covers 101.4% of typical Boca Raton purchases — buyers at or above the median may need a larger down payment or conventional financing.
3.5% Down
$23,030
Monthly Total
$4,374/mo
2026 FHA Limit
$667,000
Income Needed
$142,995/yr
FHA Limit Alert
The 2026 FHA loan limit in PALM BEACH County is $667,000. The Boca Raton median home price is $658,000, which is above the FHA limit. Buyers may need to cover the gap with a larger down payment or explore jumbo financing.
Down Payment Comparison
Most Popular
FHA 3.5% Down
$23,030
Lower MIP
FHA 10% Down
$65,800
No PMI
Conventional 20%
$131,600
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $4,083 | $291 | $4,374 |
| Conventional 5% down | — | $364 | $4,418 |
Upfront MIP of $11,111 (1.75%) is typically rolled into the loan balance.
Down Payment Assistance
Florida DPA provides up to $35,000 in DPA for eligible workers, compatible with FHA. Income limits and occupational requirements apply; combine with FHA for maximum affordability.
Florida DPA: Florida DPA offers up to $35,000 in DPA for eligible teachers, first responders, healthcare workers, and other frontline professionals.
FAQs
Get pre-approved for an FHA loan in Boca Raton
Low down payment, flexible credit requirements, and DPA stackable programs.