Closing Cost Incentive*
To help you get closer to your dream of homeownership, D.R. Horton is offering up to $25,000 in closing cost incentives. This includes $15,000 with the use of any lender and up to $10,000 with the use of DHI Mortgage.*
2/1 Buydown Program1
Features a reduced interest rate for the 1st 2 years and a fixed-rate2 loan after the 2nd year on certain inventory homes paid by D.R. Horton! Must contract on or after 06/18/25 in select communities in Florida and close on or before 09/30/25.
Special Program Cost - To receive this offer, borrower is REQUIRED to pay a 0.500% discount point. Discount points may be paid with seller financing incentive offered to the borrower, which will be represented on the Closing Disclosure as a seller's cost. Maximum contribution limits will apply.
Here's how it works!
2.99% (5.891% APR)
Fixed Rate FHA Mortgage
Interest rate For Year 1
3.99% (5.891% APR)
Fixed Rate FHA Mortgage
Interest rate For Year 2
4.99% (5.891% APR)
Fixed Rate FHA Mortgage
Interest rate For Years 3 - 30
3.5% down payment required.
Based on an FHA 30-Year fixed rate mortgage with a sales price of $359,900, a loan amount of $353,381, up front mortgage insurance premium of 1.75%, and a monthly payment of $2,434. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. Rate also available for VA and USDA loan programs. Funds for the temporary interest rate buydown used in this loan example will be offered as seller incentives up to $10,000 as disclosed in the sales contract. Buyer will have the option of using said incentive to pay closing costs OR to fund the temporary buydown cost of $7,400.54.
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