How much house can you afford in Ohio with down payment assistance?

Your real Ohio affordability, the OHFA Down Payment Assistance match, and a step-by-step plan — in 30 seconds. No email required.

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The short answer: In Ohio, the OHFA Down Payment Assistance (forgivable second loan) provides 3% of the home’s purchase price on conventional loans, or 3.5% on FHA, VA and USDA loans. Paired with the FHA 31%/43% debt-to-income guidelines lenders use, this calculator shows how much house you can afford in Ohio — with that assistance factored in.

Ohio down payment assistance program

OHFA Down Payment Assistance
Forgivable second loan · Ohio
3% or 3.5% of the home’s purchase price

OHFA lets homebuyers choose 3% of the home’s purchase price on conventional loans, or 3.5% on government loans (FHA, VA, USDA), applied to the down payment, closing costs or other pre-closing expenses. The assistance is forgiven after seven years.

Official Ohio program page →
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Ohio DPA — common questions

What down payment assistance is available in Ohio?

Ohio's main statewide option is OHFA Down Payment Assistance, a forgivable second loan from the Ohio Housing Finance Agency (OHFA) worth 3% of the home's purchase price on a conventional loan, or 3.5% on an FHA, VA or USDA loan, forgiven after seven years. Many cities and counties in Ohio add their own programs on top, so it is worth checking all three levels.

How much house can I afford in Ohio with assistance?

It depends on your income, debts and credit. The calculator applies the FHA 31%/43% debt-to-income rule to estimate your price, then shows how much of your down-payment gap Ohio assistance could cover. Most buyers pair it with a 3% conventional or 3.5% FHA down payment.

What credit score do I need for Ohio down payment assistance?

OHFA sets its minimum at 640 or higher for conventional, USDA and VA loans, and 650 or higher for FHA loans, alongside county-level income and purchase-price limits. Requirements are set by the agency — verify current terms on the official OHFA Down Payment Assistance page before applying.

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