1/0 Buydown FHA Rate1
Must contract on or after 01/26/26 in select communities in Georgia and close on or before 03/31/26.
Special Program Cost - To receive this offer, borrower is REQUIRED to pay a .750% 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.
This is your opportunity to save with our special interest rate combined with a temporary buydown.
Here's how it works: D.R. Horton will provide $2,423.63 in incentive funds to reduce the monthly
payments for a period of time. After the money to fund the buydown plan has been exhausted, buyer
will be responsible for the full monthly payments based off the full note rate of 3.99%.
Here's how it works!
2.99% (4.893% APR)
Fixed Rate FHA Mortgage
Interest rate For Year 1
3.99% (4.893% APR)
Fixed Rate FHA Mortgage
Interest rate For Year 2 - 30
3.5% down payment required.
Based on an FHA 30-year fixed-rate mortgage with a sales price of $368,800, a loan amount of $362,120, an upfront mortgage insurance premium of
1.75%, and a monthly payment of $2,488. APR based on Note Rate above for years 2-30. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners
insurance and HOA. Rate also available for VA, FHA, USDA loan programs. Property eligibility requirements apply. Funds for the temporary interest rate buydown will be offered as seller incentives
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 $2,423.63.
Facebook LinkedIn Email