FHA Loans · FL
FHA Home Loans in St. Augustine, FL
FHA's 3.5% minimum on St. Augustine's $412,000 median requires just $14,420 — $6,180 less than a 5% conventional down payment.
3.5% Down
$14,420
Monthly Total
$2,738/mo
2026 FHA Limit
$580,750
Income Needed
$97,339/yr
FHA Limit Covers St. Augustine
FHA loan limits in ST. JOHNS County ($580,750) comfortably cover the St. Augustine median home price ($412,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$14,420
Lower MIP
FHA 10% Down
$41,200
No PMI
Conventional 20%
$82,400
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $2,556 | $182 | $2,738 |
| Conventional 5% down | — | $228 | $2,766 |
Upfront MIP of $6,957 (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 St. Augustine
Low down payment, flexible credit requirements, and DPA stackable programs.