Indian River County, FL home buyer guide
Today's mortgage rates, FHA loan limits, and first-time buyer programs available in Vero Beach, Sebastian and across Indian River County.
Indian River County snapshot
Indian River County sits in Treasure Coast Florida, anchored by Vero Beach and including Sebastian. The median home price here runs around $385,000, and most buyers qualify for FHA, Conventional 97%, or Florida's Hometown Heroes assistance program.
Today's example payments
Monthly payment on a $385,000 Indian River County home
Estimates include principal, interest, Florida property tax (~0.98%), and homeowners insurance (~1.25%). PMI/MIP varies. Updated June 14, 2026.
Conventional
Monthly payment
$3,032
- Rate (mid)
- 6.520%
- Down payment
- $19,250 (5.0%)
- Loan amount
- $365,750
5% down · PMI applies
FHA
Monthly payment
$2,978
- Rate (mid)
- 6.145%
- Down payment
- $13,475 (3.5%)
- Loan amount
- $371,525
3.5% down · MIP included
VA
Monthly payment
$3,029
- Rate (mid)
- 6.020%
- Down payment
- $0 (0.0%)
- Loan amount
- $385,000
0% down · no PMI
Hometown Heroes
Monthly payment
$3,091
- Rate (mid)
- 6.270%
- Down payment
- $0 (0.0%)
- Loan amount
- $385,000
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.
Programs available in Indian River County
Every major Florida loan and down payment assistance program is available countywide. These are the ones Indian River buyers use most.
Florida Hometown Heroes
Up to $35,000 in down payment + closing cost assistance for Indian River County teachers, nurses, first responders, and 100+ other essential professions.
Learn moreFHA Loan
3.5% down, flexible credit. Indian River County FHA loan limit is $524,225 for a single-family home.
Learn moreConventional 97%
Just 3% down for qualified first-time buyers in Indian River County. PMI drops off automatically at 20% equity.
Learn moreVA Loan
Zero down and no PMI for eligible veterans, active-duty service members, and surviving spouses buying in Indian River County.
Learn moreFirst-time home buyer guides for Indian River County cities
Tap a city for local rates, payment estimates, and program eligibility.
Nearby Treasure Coast Florida counties
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