When I bought my first home (1966) there was only one kind of home loan - 20% down, 30-year fixed and the same rate for everyone. You either qualified or you didn't.
Today, there are so many different ways to finance a home purchase (including the ones previously mentioned), and they change so frequently, that your question is best answered by a mortgage broker.
More information is in my blog post http://www.davesuttonhomes.com/blog/2012/01/29/whats-the-fir
You will also want to plan for out of pocket expenses like home inspections. So on this house if you did an FHA loan and paid full price the down payment would be around $5946 plus an additional $7600 in closing costs on top of that.