Tampa Bay Florida

Hillsborough County, FL home buyer guide

Today's mortgage rates, FHA loan limits, and first-time buyer programs available in Tampa, Brandon, Riverview and across Hillsborough County.

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Hillsborough County snapshot

Median home price

$410,000

Population

1,530,000

FHA loan limit (1-unit)

$524,225

County seat

Tampa

Hillsborough leads Tampa Bay in new construction. FHA and Conventional 97% dominate first-time-buyer financing, and Hometown Heroes is widely used in Tampa's healthcare and school districts.

Today's example payments

Monthly payment on a $410,000 Hillsborough County home

Estimates include principal, interest, Florida property tax (~0.98%), and homeowners insurance (~1.25%). PMI/MIP varies. Updated June 14, 2026.

Live rates

Conventional

Monthly payment

$3,229

Rate (mid): 6.520%
Down payment: $20,500 (5.0%)
Loan amount: $389,500

5% down · PMI applies

FHA

Monthly payment

$3,171

Rate (mid): 6.145%
Down payment: $14,350 (3.5%)
Loan amount: $395,650

3.5% down · MIP included

VA

Monthly payment

$3,225

Rate (mid): 6.020%
Down payment: $0 (0.0%)
Loan amount: $410,000

0% down · no PMI

Hometown Heroes

Monthly payment

$3,292

Rate (mid): 6.270%
Down payment: $0 (0.0%)
Loan amount: $410,000

Up to $35K assistance

Educational estimates only. Your actual rate and payment depend on credit, debt-to-income, property type, lender pricing, and the exact insurance quote for your home.