Mortgage Analysis for 4424 Bent Path in Teravista
by Alfonso "Fonz" Rodriguez @ Pinnacle Realty Advisors
As of 5/1/2025
I've created 3 different mortgage scenarios as reference for the home at 4424 Bent Path based on today's interest rates.
Conventional, 10% down with a 30 year fixed rate at 5.99%
- Estimated all-in payment: $2,666.43
- P&I: $1,832.66
- Insurance: $125.00 (estimated)
- Taxes: $562.67
- Mortgage Insurance: $56.10
- HOA: $90
- Purchase price: $340,000
- Estimated cash to close: $45,338.79
FHA, 10% down with a 30 year fixed rate at 5.75%
- Estimated all-in payment: $2,721.41
- P&I: $1,816.98
- Insurance: $125.00 (estimated)
- Taxes: $562.67
- Mortgage Insurance: $126.76
- HOA: $90
- Purchase price: $340,000
- Estimated cash to close: $44,826.84
FHA, 5% down with a 30 year fixed rate at 5.75%
- Estimated all-in payment: $2,829.39
- P&I: $1,917.92
- Insurance: $125.00 (estimated)
- Taxes: $562.67
- Mortgage Insurance: $133.80
- HOA: $90
- Purchase price: $340,000
- Estimated cash to close: $28,729.78
The mortgage program that will get you the lowest payment is the 10% down conventional. That is about $300 over the budget of $2,300.
If you're open to other homes not far from Teravista then here are a few options that I believe could work.
Estimated payments on the new homes from above
1002 Charles Joseph, Hutto
- Estimated payment: $2,156.70
- 5% down
- Most of closing costs paid
105 Camargue Drive, Hutto
- Estimated payment: $2,397.93
- 5% down
- Most of closing costs paid
200 Camargue Drive, Hutto
- Estimated payment: $2,447.89
- 5% down
- Most of closing costs paid
118 Prairie Falls, Hutto
- Estimated payment: $2,563.08
- 5% down
- Most closing costs paid