Skip to content
Purchase Mortgage Loan
Get Pre-Approved

FHA loans in Fair Lawn, NJ

Quick answer

The 2026 FHA loan limit in Fair Lawn, NJ (Bergen County) is $1,249,125 for a single-family home, enough for a purchase price up to about $1,294,000 with 3.5% down. On the $532,700 median home value, that down payment is about $18,645 and the estimated payment is $4,899/month at 7.18%, which needs roughly $210,000 a year in income.

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

Median household income: $147,952; value-to-income ratio 3.60. Fair Lawn ranks 44 by home value and 27 by population among 159 places in our NJ dataset.

What does an FHA loan cost on a typical Fair Lawn home?

ItemFair Lawn
Median home value (Census ACS)$532,700
New Jersey median home value$427,600
Down payment (3.5%)$18,645
Loan incl. 1.75% upfront MIP$523,051
Estimated monthly payment (PITI + MI)$4,899
Income needed (28% / 36%)$210,000 / $164,000
Bergen County 2026 FHA limit (1 unit)$1,249,125
Max purchase price at the limit$1,294,000

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

Payment includes New Jersey's 2.23% effective property tax rate (Census ACS), $1,551/yr homeowners insurance (NAIC state average) and 0.55% annual FHA MIP.

What is the 2026 FHA loan limit in Fair Lawn?

Fair Lawn is in Bergen County, a designated high-cost area, where HUD's 2026 one-unit FHA limit is $1,249,125. With the minimum 3.5% down, that caps the purchase price at about $1,294,000; above that you'd need a bigger down payment or a conventional loan (conforming limit $1,209,750).

The Fair Lawn median home value of $532,700 is 25% above the New Jersey median, and within what the county limit supports.

Which down payment assistance programs can Fair Lawn buyers use?

FHA loans in nearby cities

Glen RockElmwood ParkHawthorneParamusPatersonRidgewood

FHA loan FAQs for Fair Lawn

Fair Lawn is in Bergen County, where HUD's 2026 FHA limit for a one-unit home is $1,249,125. With 3.5% down, that supports a purchase price up to about $1,294,000.

3.5% of $532,700 is about $18,645 with a 580+ credit score (10%, or $53,270, with a 500–579 score), plus closing costs.

At the $532,700 median value (above the New Jersey median of $427,600), the estimated payment of $4,899/month at 7.18% needs about $210,000 a year under the 28% housing guideline, or $164,000 if your total debts stay under 36%.

0 city-level, 0 county-level and 1 statewide programs are verified for this city (1 total). Check each official administrator's eligibility rules and available funds.

Sources

Data last updated October 23, 2026.

Get matched with FHA lenders in Fair Lawn

Answer a few quick questions and get matched with purchase mortgage lenders in your area. Free, and it won't affect your credit score.

Get My Matches

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.