*Available with the use of DHI Mortgage.
3.750%
5.840%APR
5/1 FHA Adjustable-Rate Mortgage1
3.5% down payment required.1
Available on certain D.R. Horton homes in select communities
in Texas.
Must Contract on or after 06/01/2026 and close by
07/31/2026.
To receive the Government interest rate, borrower is
REQUIRED to pay a 0.375% 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.
¹Loan example shown is based on 3.5% down payment
required with a sales price of $317,990, a loan amount of
$312,230, an upfront mortgage insurance premium of 1.75%,
and a monthly payment of $2,162. Total monthly payment
includes principal, interest, estimated taxes, mortgage
insurance, homeowners insurance and HOA. 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 1.000% cap.
Adjustments every year thereafter will have a cap of 1.000%
and a lifetime cap of 5.000% with a margin of 2.000%. The fully
indexed rate of 5.820% 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%.
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