Conventional vs. FHA Loans: Which One Actually Fits You? (A Simple 2026 Guide)

Choosing between a conventional loan and an FHA loan shouldn’t feel like decoding a secret message but most buyers discover the differences only after they’re already overwhelmed. This guide breaks down both loan types in simple, practical terms so you can understand what actually matters: your credit, your down payment, your monthly comfort, and how long you plan to stay in the home. By the end, you’ll know whether FHA’s flexibility or conventional’s long-term savings fits your buying strategy in 2026.