FHA Loans · FL
FHA Home Loans in Palm Beach Gardens, FL
FHA's 3.5% minimum on Palm Beach Gardens's $592,000 median requires just $20,720 — $8,880 less than a 5% conventional down payment.
3.5% Down
$20,720
Monthly Total
$3,935/mo
2026 FHA Limit
$667,000
Income Needed
$130,744/yr
FHA Limit Covers Palm Beach Gardens
FHA loan limits in PALM BEACH County ($667,000) comfortably cover the Palm Beach Gardens median home price ($592,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$20,720
Lower MIP
FHA 10% Down
$59,200
No PMI
Conventional 20%
$118,400
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $3,674 | $261 | $3,935 |
| Conventional 5% down | — | $328 | $3,975 |
Upfront MIP of $9,997 (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 Palm Beach Gardens
Low down payment, flexible credit requirements, and DPA stackable programs.