1/1 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 between 09/26/25 and 10/19/25 in Alana at Ho'opili & Kapili at Ho'opili and close by 12/31/25.
Special Program Cost - To receive this offer, borrower is REQUIRED to pay a 0.125% 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.
4.50% (5.911% APR)
Fixed Rate Conventional Mortgage
Interest rate For Year 1-2
5.50% (5.911% APR)
Fixed Rate Conventional Mortgage
Interest rate For Year 3 - 30
5% down payment required.
Based on a Conventional 30-Year fixed rate mortgage with a sales price of $670,330, and a loan amount of $636,814, and a monthly payment of $4,563. Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. Funds for the temporary interest rate buydown used in this loan example 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 $9,338.80.
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