FHA Home Loans in Aspen, CO
With a $3,250,000 median, the $1,249,125 FHA limit covers 38.4% of typical Aspen purchases — buyers at or above the median may need a larger down payment or conventional financing.
The 2026 FHA loan limit in PITKIN County is $1,249,125. The Aspen median home price is $3,250,000, which is above the FHA limit. Buyers may need to cover the gap with a larger down payment or explore jumbo financing.
Down Payment Comparison
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $20,170 | $1,437 | $21,607 |
| Conventional 5% down | — | $1,801 | $21,826 |
Upfront MIP of $54,884 (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.
FAQs
Get pre-approved for an FHA loan in Aspen
Low down payment, flexible credit requirements, and DPA stackable programs.