FHA Loans · CO
FHA Home Loans in Fruita, CO
FHA's 3.5% minimum on Fruita's $368,000 median requires just $12,880 — $5,520 less than a 5% conventional down payment.
3.5% Down
$12,880
Monthly Total
$2,445/mo
2026 FHA Limit
$541,287
Income Needed
$89,162/yr
FHA Limit Covers Fruita
FHA loan limits in MESA County ($541,287) comfortably cover the Fruita median home price ($368,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$12,880
Lower MIP
FHA 10% Down
$36,800
No PMI
Conventional 20%
$73,600
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $2,283 | $162 | $2,445 |
| Conventional 5% down | — | $203 | $2,470 |
Upfront MIP of $6,214 (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 Fruita
Low down payment, flexible credit requirements, and DPA stackable programs.