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FHA Loan: Down payment and Closing Costs Question

I have been saving up for a FHA loan and want to put down 3.5%. The lending limit in my county is $881k (3.5% down-payment = $30,800). What should my goal savings number be? In theory, if I get that $30.8k saved could I buy a house with no more money down, or would I need much more for closing costs etc (can I include this in the loan). I imagine the more saved is better for interest rates.

submitted by /u/NextRock
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source https://www.reddit.com/r/RealEstate/comments/dbb5xr/fha_loan_down_payment_and_closing_costs_question/
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