Your Rate, Your Way
Having the right loan option matters. That's why we're giving you the power to choose: lock in the security of a fixed-rate loan, or take advantage of the savings and flexibility of an adjustable-rate mortgage (ARM), both with a special interest rate. The best part? The choice is completely yours.
Available on certain D.R. Horton homes in select communities in Tennessee.
Must contract on or after 10/14/25 and close by 12/31/25.
3.875%1 (5.735% APR)
FHA 5/1 ARM
- Lower initial interest rate fixed for the first 5 years
- Could mean lower monthly payments for the first 5 years
- The rate cap limits how high your interest rate can go
Loan example shown above is based on 3.5% down payment with a sales price of $350,990, a loan amount of
$344,633, an up-front mortgage insurance premium of 1.75%, and a monthly payment of $2,073. Total monthly
payment includes principal, interest, estimated taxes, mortgage insurance, homeowners insurance and HOA. 1 An
ARM is a mortgage where the interest rate changes periodically, which could cause the monthly payment to be
higher or lower. Interest rate is fixed for the first 5 years and will adjust every year thereafter. The first adjustment
will have a 1% cap. Adjustments every year thereafter will have a cap of 1% and a lifetime cap of 5% with a margin
of 2%. The fully indexed rate of 5.570% combines the index and margin, and it determines the monthly payment
amounts after the fixed-interest period during each adjustment period. Max interest rate can be 8.875%.
OR
4.990% (5.843% APR)
FHA Fixed
- Fixed rate that does not change
Loan example shown above is based on 3.5% down payment with a sales price of $350,990, a loan amount
of $344,633, an up-front mortgage insurance premium of 1.75%, and a monthly payment of $2,447.
Total monthly payment includes principal, interest, estimated taxes, mortgage insurance, homeowners
insurance and HOA.
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