How much house can you afford in Florida with down payment assistance?

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The short answer: In Florida, the Florida Housing Finance Corporation Assistance (Second mortgage) provides up to $10,000 toward your down payment or closing costs. Paired with the FHA 31%/43% debt-to-income guidelines lenders use, this calculator shows exactly how much house you can afford in Florida — with that assistance factored in.

Florida down payment assistance program

Florida Housing Finance Corporation Assistance
Second mortgage · Florida
up to $10,000

Assistance amount varies by program (Florida Assist, HFA Preferred, etc.) — check current offerings.

Official Florida program page →

Florida DPA — common questions

What down payment assistance is available in Florida?

Florida's main statewide option is the Florida Housing Finance Corporation Assistance — Assistance amount varies by program (Florida Assist, HFA Preferred, etc.) — check current offerings. It is a second mortgage. Cities and counties in Florida often add their own programs on top.

How much house can I afford in Florida with assistance?

It depends on your income, debts and credit — the calculator applies the FHA 31%/43% DTI rule to estimate your price, then shows how much of your down-payment gap the Florida Housing Finance Corporation Assistance could cover. Most buyers pair it with a 3% conventional or 3.5% FHA down payment.

What credit score do I need for Florida down payment assistance?

Many state programs set a 620 minimum credit score alongside income limits based on area median income. Requirements are set by the agency — verify current terms on the official Florida Housing Finance Corporation Assistance page before applying.

Check assistance in another state