Sometimes, yes. The only way to know is running FHA and conventional side by side on your actual numbers. They are different tools. FHA often produces the lower monthly payment at a given down payment, especially in higher-cost markets. Conventional usually produces the smaller loan amount and lets you cancel mortgage insurance once you reach the equity threshold, while FHA's mortgage insurance treatment depends on your down payment and loan terms. As an illustration, on a purchase around $1,000,000 with roughly 10% down, FHA might pencil out to the lower payment and conventional to the smaller balance with a clearer path to dropping MI. Which matters more depends on how long you plan to keep the loan and whether you would rather preserve cash or reduce the balance. That side-by-side is exactly what the free Roadmap conversation is for: about 20 minutes where we run your real numbers so you see both structures before you decide. FHA versus conventional is a math question, and the math is specific to you.