Exhibit 12.1

D.R. HORTON, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Three Months
	Ended		For the fiscal year ended September 30,
	December 31, 2006		2006		2005			2004			2003			2002
	($ in millions)
Consolidated pretax income before cumulative effect of change in accounting principle	$	176.9	$	1,987.1	$	2,378.6		$	1,582.9		$	1,008.2		$	647.5
Minority interests in pretax income of subsidiaries which have incurred fixed charges		1.2		2.6		—			4.8			8.8			1.3
Minority interests in pretax losses of majority owned subsidiaries which have incurred losses		—		—		(0.3	)		(0.3	)		(0.9	)		(0.2	)
Distributed income of 50%-or-less-owned affiliates, net of equity income or loss		—		—		—			—			0.6			0.7
Amortization of capitalized interest		54.2		237.1		225.0			249.1			219.4			136.1
Interest expensed		14.0		72.1		33.9			17.5			19.5			17.8
Earnings	$	246.3	$	2,298.9	$	2,637.2		$	1,854.0		$	1,255.6		$	803.2
Interest incurred	$	92.0	$	397.5	$	306.8		$	250.9		$	253.8		$	210.6
Fixed charges	$	92.0	$	397.5	$	306.8		$	250.9		$	253.8		$	210.6
Ratio of earnings to fixed charges		2.68		5.78		8.60			7.39			4.95			3.81