FHA Loans · FL
FHA Home Loans in Chiefland, FL
FHA's 3.5% minimum on Chiefland's $188,000 median requires just $6,580 — $2,820 less than a 5% conventional down payment.
3.5% Down
$6,580
Monthly Total
$1,249/mo
2026 FHA Limit
$541,287
Income Needed
$55,786/yr
FHA Limit Covers Chiefland
FHA loan limits in LEVY County ($541,287) comfortably cover the Chiefland median home price ($188,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$6,580
Lower MIP
FHA 10% Down
$18,800
No PMI
Conventional 20%
$37,600
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $1,166 | $83 | $1,249 |
| Conventional 5% down | — | $104 | $1,262 |
Upfront MIP of $3,174 (1.75%) is typically rolled into the loan balance.
Down Payment Assistance
Florida's Hometown Heroes program 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.
Hometown Heroes: Florida's Hometown Heroes program 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 Chiefland
Low down payment, flexible credit requirements, and DPA stackable programs.