FHA Loans · CO
FHA Home Loans in Cedaredge, CO
FHA's 3.5% minimum on Cedaredge's $325,000 median requires just $11,375 — $4,875 less than a 5% conventional down payment.
3.5% Down
$11,375
Monthly Total
$2,160/mo
2026 FHA Limit
$541,287
Income Needed
$81,209/yr
FHA Limit Covers Cedaredge
FHA loan limits in DELTA County ($541,287) comfortably cover the Cedaredge median home price ($325,000).
Down Payment Comparison
Most Popular
FHA 3.5% Down
$11,375
Lower MIP
FHA 10% Down
$32,500
No PMI
Conventional 20%
$65,000
Monthly Payment Breakdown
| Loan Type | P&I | MIP / PMI | Monthly Total |
|---|---|---|---|
| FHA 3.5% down | $2,017 | $143 | $2,160 |
| Conventional 5% down | — | $180 | $2,182 |
Upfront MIP of $5,488 (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 Cedaredge
Low down payment, flexible credit requirements, and DPA stackable programs.