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FHA loans in Wellesley, MA

Quick answer

The 2026 FHA loan limit in Wellesley, MA (Norfolk County) is $962,550 for a single-family home, enough for a purchase price up to about $997,000 with 3.5% down. On the $1,513,400 median home value, that down payment is about $52,969 and the estimated payment is $12,309/month at 7.18%, which needs roughly $528,000 a year in income.

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

Median household income: $250,001; value-to-income ratio 6.05. Wellesley ranks 1 by home value and 49 by population among 89 places in our MA dataset.

What does an FHA loan cost on a typical Wellesley home?

ItemWellesley
Median home value (Census ACS)$1,513,400
Massachusetts median home value$525,800
Down payment (3.5%)$52,969
Loan incl. 1.75% upfront MIP$1,485,989
Estimated monthly payment (PITI + MI)$12,309
Income needed (28% / 36%)$528,000 / $411,000
Norfolk County 2026 FHA limit (1 unit)$962,550
Max purchase price at the limit$997,000

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

Payment includes Massachusetts's 1.11% effective property tax rate (Census ACS), $2,134/yr homeowners insurance (NAIC state average) and 0.55% annual FHA MIP.

What is the 2026 FHA loan limit in Wellesley?

Wellesley is in Norfolk County, a designated high-cost area, where HUD's 2026 one-unit FHA limit is $962,550. With the minimum 3.5% down, that caps the purchase price at about $997,000; above that you'd need a bigger down payment or a conventional loan (conforming limit $962,550).

The Wellesley median home value of $1,513,400 is 188% above the Massachusetts median, and above what the county limit supports.

Which down payment assistance programs can Wellesley buyers use?

FHA loans in nearby cities

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FHA loan FAQs for Wellesley

Wellesley is in Norfolk County, where HUD's 2026 FHA limit for a one-unit home is $962,550. With 3.5% down, that supports a purchase price up to about $997,000.

3.5% of $1,513,400 is about $52,969 with a 580+ credit score (10%, or $151,340, with a 500–579 score), plus closing costs.

At the $1,513,400 median value (above the Massachusetts median of $525,800), the estimated payment of $12,309/month at 7.18% needs about $528,000 a year under the 28% housing guideline, or $411,000 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.