FHA Loans · CO
FHA Home Loans in Woodland Park, CO
FHA's 3.5% minimum on Woodland Park's $448,000 median requires just $15,680 — $6,720 less than a 5% conventional down payment.
3.5% Down
$15,680
Monthly Total
$2,978/mo
2026 FHA Limit
$541,650
Income Needed
$104,037/yr
FHA Limit Covers Woodland Park
FHA loan limits in TELLER County ($541,650) comfortably cover the Woodland Park median home price ($448,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$15,680
Lower MIP
FHA 10% Down
$44,800
No PMI
Conventional 20%
$89,600
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $2,780 | $198 | $2,978 |
| Conventional 5% down | — | $248 | $3,008 |
Upfront MIP of $7,565 (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 Woodland Park
Low down payment, flexible credit requirements, and DPA stackable programs.