$100,100 Mortgage for 30 Years

What is the monthly payment of a 100,100 dollar loan?
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Loan Tables for a $100,100 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 100k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $100,100 home? What if I pay a bigger down payment? Make sure to think about maintenance costs, taxes, insurance, and other costs.

Use this to calculate a loan for anything, such as a vehicle, business loan, home, RV, motor home, mobile home, manufactured home, real estate, land, vacation property, education, or any type of debt.
Interest Rate 30 Year
100,100 at 2.01%$370.49
100,100 at 2.02%$370.99
100,100 at 2.03%$371.49
100,100 at 2.04%$371.99
100,100 at 2.05%$372.50
100,100 at 2.06%$373.00
100,100 at 2.07%$373.50
100,100 at 2.08%$374.01
100,100 at 2.09%$374.51
100,100 at 2.1%$375.01
100,100 at 2.11%$375.52
100,100 at 2.12%$376.02
100,100 at 2.13%$376.53
100,100 at 2.14%$377.04
100,100 at 2.15%$377.54
100,100 at 2.16%$378.05
100,100 at 2.17%$378.56
100,100 at 2.18%$379.06
100,100 at 2.19%$379.57
100,100 at 2.2%$380.08
100,100 at 2.21%$380.59
100,100 at 2.22%$381.10
100,100 at 2.23%$381.61
100,100 at 2.24%$382.12
100,100 at 2.25%$382.63
100,100 at 2.26%$383.14
100,100 at 2.27%$383.65
100,100 at 2.28%$384.16
100,100 at 2.29%$384.67
100,100 at 2.3%$385.19
100,100 at 2.31%$385.70
100,100 at 2.32%$386.21
100,100 at 2.33%$386.73
100,100 at 2.34%$387.24
100,100 at 2.35%$387.75
100,100 at 2.36%$388.27
100,100 at 2.37%$388.78
100,100 at 2.38%$389.30
100,100 at 2.39%$389.82
100,100 at 2.4%$390.33
100,100 at 2.41%$390.85
100,100 at 2.42%$391.37
100,100 at 2.43%$391.88
100,100 at 2.44%$392.40
100,100 at 2.45%$392.92
100,100 at 2.46%$393.44
100,100 at 2.47%$393.96
100,100 at 2.48%$394.48
100,100 at 2.49%$395.00
100,100 at 2.5%$395.52
100,100 at 2.51%$396.04
100,100 at 2.52%$396.56
100,100 at 2.53%$397.08
100,100 at 2.54%$397.60
100,100 at 2.55%$398.12
100,100 at 2.56%$398.65
100,100 at 2.57%$399.17
100,100 at 2.58%$399.69
100,100 at 2.59%$400.22
100,100 at 2.6%$400.74
100,100 at 2.61%$401.26
100,100 at 2.62%$401.79
100,100 at 2.63%$402.31
100,100 at 2.64%$402.84
100,100 at 2.65%$403.37
100,100 at 2.66%$403.89
100,100 at 2.67%$404.42
100,100 at 2.68%$404.95
100,100 at 2.69%$405.48
100,100 at 2.7%$406.00
100,100 at 2.71%$406.53
100,100 at 2.72%$407.06
100,100 at 2.73%$407.59
100,100 at 2.74%$408.12
100,100 at 2.75%$408.65
100,100 at 2.76%$409.18
100,100 at 2.77%$409.71
100,100 at 2.78%$410.24
100,100 at 2.79%$410.77
100,100 at 2.8%$411.31
100,100 at 2.81%$411.84
100,100 at 2.82%$412.37
100,100 at 2.83%$412.90
100,100 at 2.84%$413.44
100,100 at 2.85%$413.97
100,100 at 2.86%$414.51
100,100 at 2.87%$415.04
100,100 at 2.88%$415.57
100,100 at 2.89%$416.11
100,100 at 2.9%$416.65
100,100 at 2.91%$417.18
100,100 at 2.92%$417.72
100,100 at 2.93%$418.26
100,100 at 2.94%$418.79
100,100 at 2.95%$419.33
100,100 at 2.96%$419.87
100,100 at 2.97%$420.41
100,100 at 2.98%$420.95
100,100 at 2.99%$421.49
100,100 at 3%$422.03
100,100 at 3.01%$422.57
100,100 at 3.02%$423.11
100,100 at 3.03%$423.65
100,100 at 3.04%$424.19
100,100 at 3.05%$424.73
100,100 at 3.06%$425.27
100,100 at 3.07%$425.81
100,100 at 3.08%$426.36
100,100 at 3.09%$426.90
100,100 at 3.1%$427.44
100,100 at 3.11%$427.99
100,100 at 3.12%$428.53
100,100 at 3.13%$429.08
100,100 at 3.14%$429.62
100,100 at 3.15%$430.17
100,100 at 3.16%$430.71
100,100 at 3.17%$431.26
100,100 at 3.18%$431.81
100,100 at 3.19%$432.35
100,100 at 3.2%$432.90
100,100 at 3.21%$433.45
100,100 at 3.22%$434.00
100,100 at 3.23%$434.54
100,100 at 3.24%$435.09
100,100 at 3.25%$435.64
100,100 at 3.26%$436.19
100,100 at 3.27%$436.74
100,100 at 3.28%$437.29
100,100 at 3.29%$437.84
100,100 at 3.3%$438.39
100,100 at 3.31%$438.94
100,100 at 3.32%$439.50
100,100 at 3.33%$440.05
100,100 at 3.34%$440.60
100,100 at 3.35%$441.15
100,100 at 3.36%$441.71
100,100 at 3.37%$442.26
100,100 at 3.38%$442.82
100,100 at 3.39%$443.37
100,100 at 3.4%$443.92
100,100 at 3.41%$444.48
100,100 at 3.42%$445.04
100,100 at 3.43%$445.59
100,100 at 3.44%$446.15
100,100 at 3.45%$446.70
100,100 at 3.46%$447.26
100,100 at 3.47%$447.82
100,100 at 3.48%$448.38
100,100 at 3.49%$448.94
100,100 at 3.5%$449.49
Interest Rate 30 Year
100,100 at 3.51%$450.05
100,100 at 3.52%$450.61
100,100 at 3.53%$451.17
100,100 at 3.54%$451.73
100,100 at 3.55%$452.29
100,100 at 3.56%$452.85
100,100 at 3.57%$453.41
100,100 at 3.58%$453.98
100,100 at 3.59%$454.54
100,100 at 3.6%$455.10
100,100 at 3.61%$455.66
100,100 at 3.62%$456.23
100,100 at 3.63%$456.79
100,100 at 3.64%$457.35
100,100 at 3.65%$457.92
100,100 at 3.66%$458.48
100,100 at 3.67%$459.05
100,100 at 3.68%$459.61
100,100 at 3.69%$460.18
100,100 at 3.7%$460.74
100,100 at 3.71%$461.31
100,100 at 3.72%$461.88
100,100 at 3.73%$462.44
100,100 at 3.74%$463.01
100,100 at 3.75%$463.58
100,100 at 3.76%$464.15
100,100 at 3.77%$464.72
100,100 at 3.78%$465.28
100,100 at 3.79%$465.85
100,100 at 3.8%$466.42
100,100 at 3.81%$466.99
100,100 at 3.82%$467.56
100,100 at 3.83%$468.13
100,100 at 3.84%$468.71
100,100 at 3.85%$469.28
100,100 at 3.86%$469.85
100,100 at 3.87%$470.42
100,100 at 3.88%$470.99
100,100 at 3.89%$471.57
100,100 at 3.9%$472.14
100,100 at 3.91%$472.71
100,100 at 3.92%$473.29
100,100 at 3.93%$473.86
100,100 at 3.94%$474.44
100,100 at 3.95%$475.01
100,100 at 3.96%$475.59
100,100 at 3.97%$476.16
100,100 at 3.98%$476.74
100,100 at 3.99%$477.32
100,100 at 4%$477.89
100,100 at 4.01%$478.47
100,100 at 4.02%$479.05
100,100 at 4.03%$479.63
100,100 at 4.04%$480.20
100,100 at 4.05%$480.78
100,100 at 4.06%$481.36
100,100 at 4.07%$481.94
100,100 at 4.08%$482.52
100,100 at 4.09%$483.10
100,100 at 4.1%$483.68
100,100 at 4.11%$484.26
100,100 at 4.12%$484.84
100,100 at 4.13%$485.43
100,100 at 4.14%$486.01
100,100 at 4.15%$486.59
100,100 at 4.16%$487.17
100,100 at 4.17%$487.76
100,100 at 4.18%$488.34
100,100 at 4.19%$488.92
100,100 at 4.2%$489.51
100,100 at 4.21%$490.09
100,100 at 4.22%$490.68
100,100 at 4.23%$491.26
100,100 at 4.24%$491.85
100,100 at 4.25%$492.43
100,100 at 4.26%$493.02
100,100 at 4.27%$493.60
100,100 at 4.28%$494.19
100,100 at 4.29%$494.78
100,100 at 4.3%$495.37
100,100 at 4.31%$495.95
100,100 at 4.32%$496.54
100,100 at 4.33%$497.13
100,100 at 4.34%$497.72
100,100 at 4.35%$498.31
100,100 at 4.36%$498.90
100,100 at 4.37%$499.49
100,100 at 4.38%$500.08
100,100 at 4.39%$500.67
100,100 at 4.4%$501.26
100,100 at 4.41%$501.85
100,100 at 4.42%$502.44
100,100 at 4.43%$503.04
100,100 at 4.44%$503.63
100,100 at 4.45%$504.22
100,100 at 4.46%$504.82
100,100 at 4.47%$505.41
100,100 at 4.48%$506.00
100,100 at 4.49%$506.60
100,100 at 4.5%$507.19
100,100 at 4.51%$507.79
100,100 at 4.52%$508.38
100,100 at 4.53%$508.98
100,100 at 4.54%$509.57
100,100 at 4.55%$510.17
100,100 at 4.56%$510.77
100,100 at 4.57%$511.36
100,100 at 4.58%$511.96
100,100 at 4.59%$512.56
100,100 at 4.6%$513.16
100,100 at 4.61%$513.76
100,100 at 4.62%$514.35
100,100 at 4.63%$514.95
100,100 at 4.64%$515.55
100,100 at 4.65%$516.15
100,100 at 4.66%$516.75
100,100 at 4.67%$517.35
100,100 at 4.68%$517.95
100,100 at 4.69%$518.55
100,100 at 4.7%$519.16
100,100 at 4.71%$519.76
100,100 at 4.72%$520.36
100,100 at 4.73%$520.96
100,100 at 4.74%$521.57
100,100 at 4.75%$522.17
100,100 at 4.76%$522.77
100,100 at 4.77%$523.38
100,100 at 4.78%$523.98
100,100 at 4.79%$524.59
100,100 at 4.8%$525.19
100,100 at 4.81%$525.80
100,100 at 4.82%$526.40
100,100 at 4.83%$527.01
100,100 at 4.84%$527.61
100,100 at 4.85%$528.22
100,100 at 4.86%$528.83
100,100 at 4.87%$529.43
100,100 at 4.88%$530.04
100,100 at 4.89%$530.65
100,100 at 4.9%$531.26
100,100 at 4.91%$531.87
100,100 at 4.92%$532.47
100,100 at 4.93%$533.08
100,100 at 4.94%$533.69
100,100 at 4.95%$534.30
100,100 at 4.96%$534.91
100,100 at 4.97%$535.52
100,100 at 4.98%$536.14
100,100 at 4.99%$536.75
100,100 at 5%$537.36
Interest Rate 30 Year
100,100 at 5.01%$537.97
100,100 at 5.02%$538.58
100,100 at 5.03%$539.20
100,100 at 5.04%$539.81
100,100 at 5.05%$540.42
100,100 at 5.06%$541.04
100,100 at 5.07%$541.65
100,100 at 5.08%$542.26
100,100 at 5.09%$542.88
100,100 at 5.1%$543.49
100,100 at 5.11%$544.11
100,100 at 5.12%$544.72
100,100 at 5.13%$545.34
100,100 at 5.14%$545.96
100,100 at 5.15%$546.57
100,100 at 5.16%$547.19
100,100 at 5.17%$547.81
100,100 at 5.18%$548.42
100,100 at 5.19%$549.04
100,100 at 5.2%$549.66
100,100 at 5.21%$550.28
100,100 at 5.22%$550.90
100,100 at 5.23%$551.52
100,100 at 5.24%$552.14
100,100 at 5.25%$552.76
100,100 at 5.26%$553.38
100,100 at 5.27%$554.00
100,100 at 5.28%$554.62
100,100 at 5.29%$555.24
100,100 at 5.3%$555.86
100,100 at 5.31%$556.48
100,100 at 5.32%$557.10
100,100 at 5.33%$557.73
100,100 at 5.34%$558.35
100,100 at 5.35%$558.97
100,100 at 5.36%$559.60
100,100 at 5.37%$560.22
100,100 at 5.38%$560.84
100,100 at 5.39%$561.47
100,100 at 5.4%$562.09
100,100 at 5.41%$562.72
100,100 at 5.42%$563.34
100,100 at 5.43%$563.97
100,100 at 5.44%$564.59
100,100 at 5.45%$565.22
100,100 at 5.46%$565.85
100,100 at 5.47%$566.47
100,100 at 5.48%$567.10
100,100 at 5.49%$567.73
100,100 at 5.5%$568.36
100,100 at 5.51%$568.98
100,100 at 5.52%$569.61
100,100 at 5.53%$570.24
100,100 at 5.54%$570.87
100,100 at 5.55%$571.50
100,100 at 5.56%$572.13
100,100 at 5.57%$572.76
100,100 at 5.58%$573.39
100,100 at 5.59%$574.02
100,100 at 5.6%$574.65
100,100 at 5.61%$575.28
100,100 at 5.62%$575.92
100,100 at 5.63%$576.55
100,100 at 5.64%$577.18
100,100 at 5.65%$577.81
100,100 at 5.66%$578.45
100,100 at 5.67%$579.08
100,100 at 5.68%$579.71
100,100 at 5.69%$580.35
100,100 at 5.7%$580.98
100,100 at 5.71%$581.62
100,100 at 5.72%$582.25
100,100 at 5.73%$582.89
100,100 at 5.74%$583.52
100,100 at 5.75%$584.16
100,100 at 5.76%$584.79
100,100 at 5.77%$585.43
100,100 at 5.78%$586.07
100,100 at 5.79%$586.70
100,100 at 5.8%$587.34
100,100 at 5.81%$587.98
100,100 at 5.82%$588.62
100,100 at 5.83%$589.25
100,100 at 5.84%$589.89
100,100 at 5.85%$590.53
100,100 at 5.86%$591.17
100,100 at 5.87%$591.81
100,100 at 5.88%$592.45
100,100 at 5.89%$593.09
100,100 at 5.9%$593.73
100,100 at 5.91%$594.37
100,100 at 5.92%$595.01
100,100 at 5.93%$595.65
100,100 at 5.94%$596.29
100,100 at 5.95%$596.94
100,100 at 5.96%$597.58
100,100 at 5.97%$598.22
100,100 at 5.98%$598.86
100,100 at 5.99%$599.51
100,100 at 6%$600.15
100,100 at 6.01%$600.79
100,100 at 6.02%$601.44
100,100 at 6.03%$602.08
100,100 at 6.04%$602.73
100,100 at 6.05%$603.37
100,100 at 6.06%$604.02
100,100 at 6.07%$604.66
100,100 at 6.08%$605.31
100,100 at 6.09%$605.95
100,100 at 6.1%$606.60
100,100 at 6.11%$607.25
100,100 at 6.12%$607.89
100,100 at 6.13%$608.54
100,100 at 6.14%$609.19
100,100 at 6.15%$609.84
100,100 at 6.16%$610.49
100,100 at 6.17%$611.13
100,100 at 6.18%$611.78
100,100 at 6.19%$612.43
100,100 at 6.2%$613.08
100,100 at 6.21%$613.73
100,100 at 6.22%$614.38
100,100 at 6.23%$615.03
100,100 at 6.24%$615.68
100,100 at 6.25%$616.33
100,100 at 6.26%$616.98
100,100 at 6.27%$617.64
100,100 at 6.28%$618.29
100,100 at 6.29%$618.94
100,100 at 6.3%$619.59
100,100 at 6.31%$620.24
100,100 at 6.32%$620.90
100,100 at 6.33%$621.55
100,100 at 6.34%$622.20
100,100 at 6.35%$622.86
100,100 at 6.36%$623.51
100,100 at 6.37%$624.17
100,100 at 6.38%$624.82
100,100 at 6.39%$625.48
100,100 at 6.4%$626.13
100,100 at 6.41%$626.79
100,100 at 6.42%$627.44
100,100 at 6.43%$628.10
100,100 at 6.44%$628.76
100,100 at 6.45%$629.41
100,100 at 6.46%$630.07
100,100 at 6.47%$630.73
100,100 at 6.48%$631.38
100,100 at 6.49%$632.04
100,100 at 6.5%$632.70
Interest Rate 30 Year
100,100 at 6.51%$633.36
100,100 at 6.52%$634.02
100,100 at 6.53%$634.68
100,100 at 6.54%$635.34
100,100 at 6.55%$636.00
100,100 at 6.56%$636.66
100,100 at 6.57%$637.32
100,100 at 6.58%$637.98
100,100 at 6.59%$638.64
100,100 at 6.6%$639.30
100,100 at 6.61%$639.96
100,100 at 6.62%$640.62
100,100 at 6.63%$641.28
100,100 at 6.64%$641.94
100,100 at 6.65%$642.61
100,100 at 6.66%$643.27
100,100 at 6.67%$643.93
100,100 at 6.68%$644.60
100,100 at 6.69%$645.26
100,100 at 6.7%$645.92
100,100 at 6.71%$646.59
100,100 at 6.72%$647.25
100,100 at 6.73%$647.92
100,100 at 6.74%$648.58
100,100 at 6.75%$649.25
100,100 at 6.76%$649.91
100,100 at 6.77%$650.58
100,100 at 6.78%$651.24
100,100 at 6.79%$651.91
100,100 at 6.8%$652.58
100,100 at 6.81%$653.24
100,100 at 6.82%$653.91
100,100 at 6.83%$654.58
100,100 at 6.84%$655.25
100,100 at 6.85%$655.91
100,100 at 6.86%$656.58
100,100 at 6.87%$657.25
100,100 at 6.88%$657.92
100,100 at 6.89%$658.59
100,100 at 6.9%$659.26
100,100 at 6.91%$659.93
100,100 at 6.92%$660.60
100,100 at 6.93%$661.27
100,100 at 6.94%$661.94
100,100 at 6.95%$662.61
100,100 at 6.96%$663.28
100,100 at 6.97%$663.95
100,100 at 6.98%$664.62
100,100 at 6.99%$665.30
100,100 at 7%$665.97
100,100 at 7.01%$666.64
100,100 at 7.02%$667.31
100,100 at 7.03%$667.99
100,100 at 7.04%$668.66
100,100 at 7.05%$669.33
100,100 at 7.06%$670.01
100,100 at 7.07%$670.68
100,100 at 7.08%$671.35
100,100 at 7.09%$672.03
100,100 at 7.1%$672.70
100,100 at 7.11%$673.38
100,100 at 7.12%$674.05
100,100 at 7.13%$674.73
100,100 at 7.14%$675.41
100,100 at 7.15%$676.08
100,100 at 7.16%$676.76
100,100 at 7.17%$677.44
100,100 at 7.18%$678.11
100,100 at 7.19%$678.79
100,100 at 7.2%$679.47
100,100 at 7.21%$680.14
100,100 at 7.22%$680.82
100,100 at 7.23%$681.50
100,100 at 7.24%$682.18
100,100 at 7.25%$682.86
100,100 at 7.26%$683.54
100,100 at 7.27%$684.22
100,100 at 7.28%$684.90
100,100 at 7.29%$685.58
100,100 at 7.3%$686.26
100,100 at 7.31%$686.94
100,100 at 7.32%$687.62
100,100 at 7.33%$688.30
100,100 at 7.34%$688.98
100,100 at 7.35%$689.66
100,100 at 7.36%$690.34
100,100 at 7.37%$691.02
100,100 at 7.38%$691.71
100,100 at 7.39%$692.39
100,100 at 7.4%$693.07
100,100 at 7.41%$693.76
100,100 at 7.42%$694.44
100,100 at 7.43%$695.12
100,100 at 7.44%$695.81
100,100 at 7.45%$696.49
100,100 at 7.46%$697.17
100,100 at 7.47%$697.86
100,100 at 7.48%$698.54
100,100 at 7.49%$699.23
100,100 at 7.5%$699.91
100,100 at 7.51%$700.60
100,100 at 7.52%$701.29
100,100 at 7.53%$701.97
100,100 at 7.54%$702.66
100,100 at 7.55%$703.34
100,100 at 7.56%$704.03
100,100 at 7.57%$704.72
100,100 at 7.58%$705.41
100,100 at 7.59%$706.09
100,100 at 7.6%$706.78
100,100 at 7.61%$707.47
100,100 at 7.62%$708.16
100,100 at 7.63%$708.85
100,100 at 7.64%$709.53
100,100 at 7.65%$710.22
100,100 at 7.66%$710.91
100,100 at 7.67%$711.60
100,100 at 7.68%$712.29
100,100 at 7.69%$712.98
100,100 at 7.7%$713.67
100,100 at 7.71%$714.36
100,100 at 7.72%$715.05
100,100 at 7.73%$715.75
100,100 at 7.74%$716.44
100,100 at 7.75%$717.13
100,100 at 7.76%$717.82
100,100 at 7.77%$718.51
100,100 at 7.78%$719.20
100,100 at 7.79%$719.90
100,100 at 7.8%$720.59
100,100 at 7.81%$721.28
100,100 at 7.82%$721.98
100,100 at 7.83%$722.67
100,100 at 7.84%$723.36
100,100 at 7.85%$724.06
100,100 at 7.86%$724.75
100,100 at 7.87%$725.45
100,100 at 7.88%$726.14
100,100 at 7.89%$726.84
100,100 at 7.9%$727.53
100,100 at 7.91%$728.23
100,100 at 7.92%$728.92
100,100 at 7.93%$729.62
100,100 at 7.94%$730.32
100,100 at 7.95%$731.01
100,100 at 7.96%$731.71
100,100 at 7.97%$732.41
100,100 at 7.98%$733.10
100,100 at 7.99%$733.80
100,100 at 8%$734.50
More Amounts
What is the down payment for a $100,100 house? How much do you need to put down?
Percent Down Down Payment
1%1,001
2%2,002
3%3,003
4%4,004
5%5,005
6%6,006
7%7,007
8%8,008
9%9,009
10%10,010
11%11,011
12%12,012
13%13,013
14%14,014
15%15,015
16%16,016
17%17,017
18%18,018
19%19,019
20%20,020
Percent Down Down Payment
21%21,021
22%22,022
23%23,023
24%24,024
25%25,025
26%26,026
27%27,027
28%28,028
29%29,029
30%30,030
31%31,031
32%32,032
33%33,033
34%34,034
35%35,035
36%36,036
37%37,037
38%38,038
39%39,039
40%40,040
Percent Down Down Payment
41%41,041
42%42,042
43%43,043
44%44,044
45%45,045
46%46,046
47%47,047
48%48,048
49%49,049
50%50,050
51%51,051
52%52,052
53%53,053
54%54,054
55%55,055
56%56,056
57%57,057
58%58,058
59%59,059
60%60,060
Percent Down Down Payment
61%61,061
62%62,062
63%63,063
64%64,064
65%65,065
66%66,066
67%67,067
68%68,068
69%69,069
70%70,070
71%71,071
72%72,072
73%73,073
74%74,074
75%75,075
76%76,076
77%77,077
78%78,078
79%79,079
80%80,080
Percent Down Down Payment
81%81,081
82%82,082
83%83,083
84%84,084
85%85,085
86%86,086
87%87,087
88%88,088
89%89,089
90%90,090
91%91,091
92%92,092
93%93,093
94%94,094
95%95,095
96%96,096
97%97,097
98%98,098
99%99,099
100%100,100
Common Loan Vocabulary Terms
APR Annual Percentage Rate, the annual cost of borrowing or lending money.
PMI Private Mortgage Insurance. A downpayment less than 20% often requires that the borrower purchase PMI. This increases the overall monthly payment.
Property Taxes Taxes charged by the local government to the owner of the property. This is often charged as a percentage of the assessed value of the property.
Insurance Home insurance protects your property against damage. Flood insurance is often recommended for some areas of the country. Individuals with a high net worth might consider an umbrella policy.
HOA Homeowners' Association. Usually part of a condo development or subdivision. The HOA often sets the rules, takes care of common maintenance, and charges a fee.
Mortgage Refinance After mortgage rates have decreased, it is often possible to get a new mortgage at a lower rate. This is a loan refinance and can save lots of money.