Use this simple calculator to see how much you might need for a down payment—and how much help Florida’s SHIP Program could provide.
Based on your estimated home price and down payment percentage, you’ll get a quick look at your possible out-of-pocket cost after SHIP assistance is applied.
Whether you're buying in a big city or a smaller Florida community, SHIP programs across the state offer down payment and closing cost loans ranging from $10,000 to $70,000.
This tool helps you plan ahead and see how affordable homeownership could be with SHIP support.
Florida’s SHIP Program is designed to make homeownership more accessible by directly reducing the upfront expenses that often hold buyers back—like the down payment and closing costs.
Instead of having to save tens of thousands of dollars, qualified buyers can use SHIP loans to cover a large portion of those costs with zero-interest financing that’s deferred or even forgivable over time.
Whether you're buying a $200,000 home or something higher, SHIP funds help bridge the gap between what you can afford and what’s required at closing.
This means you can move into a safe, stable home sooner—without draining your savings.
The exact amount of SHIP funding you qualify for depends on several key factors: your income, household size, home price, and the city or county where you’re buying.
Local SHIP administrators determine assistance amounts based on guidelines set by Florida Housing, and those numbers vary throughout the state.
For example, some counties prioritize very low-income buyers or essential workers and offer larger assistance packages accordingly.
The more accurate your estimates are in the calculator—especially your income and home price—the better you'll understand your potential SHIP benefits.
Before you begin touring homes or applying for a mortgage, it’s smart to check your eligibility for SHIP assistance.
Knowing how much support you may qualify for can help shape your budget, reduce your upfront savings requirement, and even expand your options in the housing market.
SHIP programs are funded locally and often have limited budgets that are awarded on a first-come, first-served basis.
If you're eligible, getting started early could mean the difference between securing thousands in assistance—or missing out entirely.
Use our calculator and then check your eligibility online to take the next step confidently.
Get quick answers to common questions about estimating your Florida SHIP assistance and using our calculator to plan your home purchase.
Most homebuyers receive between $10,000 and $70,000 in SHIP assistance, depending on local program limits and financial need.
Yes, this page features a simple tool to help you estimate your down payment, see the SHIP assistance range, and calculate your remaining out-of-pocket cost.
Subtract your eligible SHIP assistance from your estimated down payment to get an idea of what you may need to pay upfront.
While amounts vary by location, many Florida buyers receive between $20,000 and $50,000 through their county or city’s SHIP program.
SHIP can cover a portion or even all of your required down payment, but the exact amount depends on your income, local program rules, and home price.
SHIP funds are designed to reduce your upfront costs—not cover the full purchase—but they can significantly lower your financial burden.
Yes, SHIP assistance often includes funding for both down payments and closing costs, helping reduce total upfront expenses.
In many Florida counties, the maximum assistance is $70,000, though limits vary by local SHIP administrator.
Most SHIP programs use income limits based on your area’s median income (AMI), often helping those earning up to 80% or 140% of AMI.
Use the price of the home you’re planning to buy or your pre-approval target price—this helps estimate a realistic down payment and SHIP aid range.
