Florida Mortgage Guide
Complete Florida mortgage guide with median home prices, property tax rates, denial rates, and down payment assistance programs for 2026.
In Florida, the median home price is $375,382 and median household income is $73,311. The mortgage denial rate for home purchases is 13.12% according to 2025 HMDA data. 4 down payment assistance programs are available, including FL Assist (Up to $10,000 as a 0% interest, deferred second mortgage for down payment and closing costs; repayment due at sale or refinance.).
Florida at a Glance
Median prices based on 2025 FHFA data. Income from 2024 Census ACS. Denial rates from 2025 HMDA data.
Mortgage Calculator for Florida
Estimate your monthly payment with the interactive Florida mortgage calculator. Includes property taxes, mortgage insurance, and down payment assistance programs.
Open Calculator →Mortgage Denial Rates in Florida
In 2025 Home Mortgage Disclosure Act (HMDA) data for home purchases, Florida logged 450,107 final-action applications. The mortgage denial rate was 13.12% and the originated share was 65.00%.
These figures show aggregated market outcomes, not an individual buyer's approval odds. Use these figures as context, not a prediction.
Down Payment Assistance Programs in Florida
FL Assist
Florida Housing Finance Corporation
Up to $10,000 as a 0% interest, deferred second mortgage for down payment and closing costs; repayment due at sale or refinance.
FL HLP Second Mortgage
Florida Housing Finance Corporation
$12,500 at 3% interest as a fully-amortizing 30-year second mortgage with monthly payments.
Hometown Heroes
Florida Housing Finance Corporation
Up to 5% of first mortgage (max $35,000) for eligible workforce occupations including healthcare, education, and first responders.
Florida Hometown Heroes
FL Housing
Up to $35,000 in down payment and closing cost assistance for community workers including teachers, nurses, and first responders.
Florida County Calculators
These calculators use local tax and benefit data for each county.
Denial: 15.44% · Tax: 1.99%
Denial: 11.39% · Tax: 0.98%
Denial: 12.33% · Tax: 1.79%
Denial: 11.65% · Tax: 1.89%
Denial: 12.46% · Tax: 1.40%
Denial: 16.93% · Tax: 1.85%
Denial: 12.96% · Tax: 1.74%
Denial: 11.74% · Tax: 1.75%
Denial: 10.38% · Tax: 1.85%
Denial: 17.48% · Tax: 1.54%
Florida City Calculators
These calculators include local taxes, closing costs, and assistance programs for each city.
Florida Mortgage FAQ
What is the median home price in Florida?
The median home price in Florida is approximately $375,000 as of 2025, based on FHFA housing price index data.
Does Florida have down payment assistance programs?
Yes. Florida offers FL Assist (up to $10,000 deferred), FL HLP Second Mortgage ($12,500 at 3%), and Hometown Heroes (up to 5% or $35,000 for eligible workers).
What is the mortgage denial rate in Florida?
The statewide mortgage denial rate for home purchases in Florida is 13.12% based on 2025 HMDA data, above the national average.
How do Florida property taxes compare to other states?
Florida has moderate property taxes, averaging around 0.80%, below the national average. Florida also has no state income tax, which can offset property tax costs.