FHA vs Conventional in Texas: The Math That Decides for You

📕 MY WORKBOOK: The Texas First-Time Homebuyer Workbook — 22 pages of worksheets (true monthly cost, DPA tracker, credit plan, closing checklists): https://www.etsy.com/listing/45920141... 📚 RECOMMENDED READING & TOOLS • Texas Instruments BA II Plus — the financial calculator for running mortgage math yourself: https://www.amazon.com/dp/B00000JZKB?... • 100 Questions Every First-Time Home Buyer Should Ask — the lender-question playbook: https://www.amazon.com/dp/1524763438?... As an Amazon Associate I earn from qualifying purchases. Same house, same buyer — about ten thousand dollars apart over five years. Here is the FHA vs conventional math on a $350K Texas home: the down payment and credit gates, mortgage insurance (FHA's 1.75% upfront + 0.55%/month for life vs conventional PMI that dies at 20% equity), the three-path worked example, and the decision framework: if your score is X and your down payment is Y, here is which loan wins. 🔑 RESOURCES • 2026 FHA loan limits by county (HUD lookup): https://entp.hud.gov/idapp/html/hicos... • FHFA 2026 conforming loan limits: https://www.fhfa.gov/data/conforming-... • FHA loan requirements (HUD): https://www.hud.gov/buying/loans • PMI cancellation rules (CFPB): https://www.consumerfinance.gov/ask-c... • Freddie Mac Home Possible (3% down): https://sf.freddiemac.com/working-wit... ⏱️ CHAPTERS 00:00 Hook: the $10K loan decision 00:51 What FHA and conventional actually are 01:54 The two gates: down payment and credit score 03:17 Mortgage insurance: MIP vs PMI 05:10 The $350K worked example: three paths 07:38 The hidden gates: DTI, appraisals, limits, seller help 09:18 The decision framework: if X, then Y 10:56 Recap + subscribe Not financial advice. Loan limits, rates, and program terms change — verify current figures with your lender. This video uses an AI-generated voiceover and AI-generated illustrations.