FHA Loans · CO
FHA Home Loans in Durango, CO
Durango sits in an elevated FHA zone ($747,500 limit), reflecting the area's higher-than-average home values and giving FHA access to more of the local market.
3.5% Down
$19,670
Monthly Total
$3,735/mo
2026 FHA Limit
$747,500
Income Needed
$125,162/yr
FHA Limit Covers Durango
FHA loan limits in LA PLATA County ($747,500) comfortably cover the Durango median home price ($562,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$19,670
Lower MIP
FHA 10% Down
$56,200
No PMI
Conventional 20%
$112,400
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $3,487 | $248 | $3,735 |
| Conventional 5% down | — | $311 | $3,773 |
Upfront MIP of $9,490 (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 Durango
Low down payment, flexible credit requirements, and DPA stackable programs.