FHA Loans · CO
FHA Home Loans in Pagosa Springs, CO
FHA's 3.5% minimum on Pagosa Springs's $462,000 median requires just $16,170 — $6,930 less than a 5% conventional down payment.
3.5% Down
$16,170
Monthly Total
$3,071/mo
2026 FHA Limit
$541,287
Income Needed
$106,632/yr
FHA Limit Covers Pagosa Springs
FHA loan limits in ARCHULETA County ($541,287) comfortably cover the Pagosa Springs median home price ($462,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$16,170
Lower MIP
FHA 10% Down
$46,200
No PMI
Conventional 20%
$92,400
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $2,867 | $204 | $3,071 |
| Conventional 5% down | — | $256 | $3,102 |
Upfront MIP of $7,802 (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 Pagosa Springs
Low down payment, flexible credit requirements, and DPA stackable programs.