FHA Loans · CO
FHA Home Loans in Idaho Springs, CO
Idaho Springs sits in an elevated FHA zone ($862,500 limit), reflecting the area's higher-than-average home values and giving FHA access to more of the local market.
3.5% Down
$15,575
Monthly Total
$2,957/mo
2026 FHA Limit
$862,500
Income Needed
$103,451/yr
FHA Limit Covers Idaho Springs
FHA loan limits in CLEAR CREEK County ($862,500) comfortably cover the Idaho Springs median home price ($445,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$15,575
Lower MIP
FHA 10% Down
$44,500
No PMI
Conventional 20%
$89,000
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $2,761 | $196 | $2,957 |
| Conventional 5% down | — | $246 | $2,987 |
Upfront MIP of $7,514 (1.75%) is typically rolled into the loan balance.
Down Payment Assistance
CHFA (Colorado Housing and Finance Authority) offers down payment assistance grants and second mortgage products stackable with FHA — eligible buyers may reduce out-of-pocket to near $0. Income and purchase price limits apply.
CHFA Eligible: Colorado Housing and Finance Authority offers down payment assistance grants and second mortgage products stackable with FHA. Income and purchase price limits apply.
FAQs
Get pre-approved for an FHA loan in Idaho Springs
Low down payment, flexible credit requirements, and DPA stackable programs.