Southeast Florida

Palm Beach County, FL home buyer guide

Today's mortgage rates, FHA loan limits, and first-time buyer programs available in West Palm Beach, Boca Raton, Boynton Beach and across Palm Beach County.

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Palm Beach County snapshot

Median home price

$615,000

Population

1,540,000

FHA loan limit (1-unit)

$524,225

County seat

West Palm Beach

Palm Beach County spans luxury coastal enclaves and fast-growing inland suburbs. Conventional 97% and Hometown Heroes are the most common first-time-buyer paths west of I-95.

Today's example payments

Monthly payment on a $615,000 Palm Beach 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

$4,843

Rate (mid): 6.520%
Down payment: $30,750 (5.0%)
Loan amount: $584,250

5% down · PMI applies

FHA

Monthly payment

$4,757

Rate (mid): 6.145%
Down payment: $21,525 (3.5%)
Loan amount: $593,475

3.5% down · MIP included

VA

Monthly payment

$4,838

Rate (mid): 6.020%
Down payment: $0 (0.0%)
Loan amount: $615,000

0% down · no PMI

Hometown Heroes

Monthly payment

$4,938

Rate (mid): 6.270%
Down payment: $0 (0.0%)
Loan amount: $615,000

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.