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FHA loans in Black Forest, CO

Quick answer

The 2026 FHA loan limit in Black Forest, CO (El Paso County) is $541,650 for a single-family home, enough for a purchase price up to about $561,000 with 3.5% down. On the $805,200 median home value, that down payment is about $28,182 and the estimated payment is $6,246/month at 7.18%, which needs roughly $268,000 a year in income.

By Purchase Mortgage Loan Editorial Team Checked against official sources per our editorial standardsData last updated

Median household income: $142,173; value-to-income ratio 5.66. Black Forest ranks 8 by home value and 51 by population among 70 places in our CO dataset.

What does an FHA loan cost on a typical Black Forest home?

ItemBlack Forest
Median home value (Census ACS)$805,200
Colorado median home value$502,200
Down payment (3.5%)$28,182
Loan incl. 1.75% upfront MIP$790,616
Estimated monthly payment (PITI + MI)$6,246
Income needed (28% / 36%)$268,000 / $209,000
El Paso County 2026 FHA limit (1 unit)$541,650
Max purchase price at the limit$561,000

Rate assumption: 7.18% (Freddie Mac PMMS 30-year fixed average, week of November 5, 2026). Change it in the payment calculator.

Payment includes Colorado's 0.49% effective property tax rate (Census ACS), $2,492/yr homeowners insurance (NAIC state average) and 0.55% annual FHA MIP.

What is the 2026 FHA loan limit in Black Forest?

Black Forest is in El Paso County where HUD's 2026 one-unit FHA limit is $541,650. With the minimum 3.5% down, that caps the purchase price at about $561,000; above that you'd need a bigger down payment or a conventional loan (conforming limit $832,750).

The Black Forest median home value of $805,200 is 60% above the Colorado median, and above what the county limit supports.

Which down payment assistance programs can Black Forest buyers use?

FHA loans in nearby cities

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FHA loan FAQs for Black Forest

Black Forest is in El Paso County, where HUD's 2026 FHA limit for a one-unit home is $541,650. With 3.5% down, that supports a purchase price up to about $561,000.

3.5% of $805,200 is about $28,182 with a 580+ credit score (10%, or $80,520, with a 500–579 score), plus closing costs.

At the $805,200 median value (above the Colorado median of $502,200), the estimated payment of $6,246/month at 7.18% needs about $268,000 a year under the 28% housing guideline, or $209,000 if your total debts stay under 36%.

0 city-level, 0 county-level and 2 statewide programs are verified for this city (2 total). Check each official administrator's eligibility rules and available funds.

Sources

Data last updated October 23, 2026.

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Figures on this page are estimates for educational purposes only and are not a loan offer or commitment to lend. Rates, loan limits, fees and assistance programs change frequently and vary by lender, location and borrower profile. Confirm current terms with a licensed loan officer.