If you’re looking to buy a home in San Antonio, TX, using an FHA loan, you may be wondering: how much house can you actually afford? FHA loans in San Antonio are known for their low down payment requirements and more lenient credit score standards, making them a popular choice for first-time homebuyers. However, affordability depends on multiple factors, including your income, debts, and the San Antonio real estate market.

At New Horizons Lending, we’re here to help you navigate the FHA loan process in San Antonio and find the best financing options tailored to your needs.

Understanding FHA Loan Limits in San Antonio

Each year, the Federal Housing Administration (FHA) sets loan limits based on median home prices in a given area. As of 2025, the FHA loan limit in San Antonio and Bexar County for a single-family home is $557,750. This means that if you qualify, you could borrow up to this amount with just a 3.5% down payment.

The 2025 FHA loan limits for Bexar County are:

1. Single-family home: $557,750
2. Duplex:$714,000
3. Tri-plex:$863,100
4. Four-plex: $1,072,600

Key Factors That Determine Home Affordability in San Antonio

1. Your Income

Your ability to repay the loan is based on your gross monthly income. A common rule of thumb is that your total housing payment (mortgage, taxes, and insurance) should not exceed 31% of your gross income.

2. Debt-to-Income Ratio (DTI)

FHA loans allow for a maximum DTI ratio of 43%, but some lenders may approve borrowers with slightly higher ratios. This includes your future mortgage payment plus any existing debts like car loans, student loans, and credit card payments.

3. Down Payment& Closing Costs

With an FHA loan in San Antonio, you can qualify with as little as 3.5% down if your credit score is 580 or higher. On a $300,000 home in San Antonio, this means you’d need at least $10,500 upfront, not including closing costs in Texas (which typically range from 2-5% of the purchase price).

4. Property Taxes & Homeowners Insurance in San Antonio

Property taxes in San Antonio, TX, average about 2.12% of the home’s assessed value, which is higher than the national average. Homeowners insurance rates in Texas are also above the national average, so factor these costs into your budget.

How Much House Can You Afford with an FHA Loan in San Antonio?

Here’s a rough estimate of how much home you could afford with an FHA loan in San Antonio at different income levels, assuming a 3.5% down payment and a 6.5% interest rate:

1. $50,000/year income → Approx.$200,000 home in San Antonio
2. $75,000/year income→ Approx. $300,000 home in San Antonio
3. $100,000/year income→ Approx. $400,000 home in San Antonio

These figures assume minimal existing debt and an average property tax rate of 2.05%.

How to Maximize Your Buying Power in San Antonio

1. Reduce existing debt to improve your DTI ratio.
2. Increase your credit score to get a lower FHA loan interest rate in Texas.
3. Explore Texas down payment assistance programs available for FHA borrowers.

Start Your Homebuying Journey with New Horizons Lending

Affording a home in San Antonio with an FHA loan depends on more than just the loan limit—it requires a close look at your financial situation, debts, and future expenses. Before house hunting, get pre-approved for an FHA loan in San Antonio to understand your exact budget and avoid surprises.

At New Horizons Lending, our San Antonio mortgage experts are ready to guide you every step of the way. Contact us today for FHA loan pre-approval in San Antonio and take the first step toward homeownership!