$100,600 Mortgage for 30 Years

What is the monthly payment of a 100,600 dollar loan?
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Loan Tables for a $100,600 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 101k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $100,600 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
100,600 at 2.01%$372.34
100,600 at 2.02%$372.84
100,600 at 2.03%$373.35
100,600 at 2.04%$373.85
100,600 at 2.05%$374.36
100,600 at 2.06%$374.86
100,600 at 2.07%$375.37
100,600 at 2.08%$375.87
100,600 at 2.09%$376.38
100,600 at 2.1%$376.89
100,600 at 2.11%$377.40
100,600 at 2.12%$377.90
100,600 at 2.13%$378.41
100,600 at 2.14%$378.92
100,600 at 2.15%$379.43
100,600 at 2.16%$379.94
100,600 at 2.17%$380.45
100,600 at 2.18%$380.96
100,600 at 2.19%$381.47
100,600 at 2.2%$381.98
100,600 at 2.21%$382.49
100,600 at 2.22%$383.00
100,600 at 2.23%$383.51
100,600 at 2.24%$384.03
100,600 at 2.25%$384.54
100,600 at 2.26%$385.05
100,600 at 2.27%$385.57
100,600 at 2.28%$386.08
100,600 at 2.29%$386.60
100,600 at 2.3%$387.11
100,600 at 2.31%$387.63
100,600 at 2.32%$388.14
100,600 at 2.33%$388.66
100,600 at 2.34%$389.17
100,600 at 2.35%$389.69
100,600 at 2.36%$390.21
100,600 at 2.37%$390.73
100,600 at 2.38%$391.24
100,600 at 2.39%$391.76
100,600 at 2.4%$392.28
100,600 at 2.41%$392.80
100,600 at 2.42%$393.32
100,600 at 2.43%$393.84
100,600 at 2.44%$394.36
100,600 at 2.45%$394.88
100,600 at 2.46%$395.40
100,600 at 2.47%$395.92
100,600 at 2.48%$396.45
100,600 at 2.49%$396.97
100,600 at 2.5%$397.49
100,600 at 2.51%$398.01
100,600 at 2.52%$398.54
100,600 at 2.53%$399.06
100,600 at 2.54%$399.59
100,600 at 2.55%$400.11
100,600 at 2.56%$400.64
100,600 at 2.57%$401.16
100,600 at 2.58%$401.69
100,600 at 2.59%$402.21
100,600 at 2.6%$402.74
100,600 at 2.61%$403.27
100,600 at 2.62%$403.80
100,600 at 2.63%$404.32
100,600 at 2.64%$404.85
100,600 at 2.65%$405.38
100,600 at 2.66%$405.91
100,600 at 2.67%$406.44
100,600 at 2.68%$406.97
100,600 at 2.69%$407.50
100,600 at 2.7%$408.03
100,600 at 2.71%$408.56
100,600 at 2.72%$409.09
100,600 at 2.73%$409.63
100,600 at 2.74%$410.16
100,600 at 2.75%$410.69
100,600 at 2.76%$411.22
100,600 at 2.77%$411.76
100,600 at 2.78%$412.29
100,600 at 2.79%$412.83
100,600 at 2.8%$413.36
100,600 at 2.81%$413.89
100,600 at 2.82%$414.43
100,600 at 2.83%$414.97
100,600 at 2.84%$415.50
100,600 at 2.85%$416.04
100,600 at 2.86%$416.58
100,600 at 2.87%$417.11
100,600 at 2.88%$417.65
100,600 at 2.89%$418.19
100,600 at 2.9%$418.73
100,600 at 2.91%$419.27
100,600 at 2.92%$419.81
100,600 at 2.93%$420.35
100,600 at 2.94%$420.89
100,600 at 2.95%$421.43
100,600 at 2.96%$421.97
100,600 at 2.97%$422.51
100,600 at 2.98%$423.05
100,600 at 2.99%$423.59
100,600 at 3%$424.13
100,600 at 3.01%$424.68
100,600 at 3.02%$425.22
100,600 at 3.03%$425.76
100,600 at 3.04%$426.31
100,600 at 3.05%$426.85
100,600 at 3.06%$427.40
100,600 at 3.07%$427.94
100,600 at 3.08%$428.49
100,600 at 3.09%$429.03
100,600 at 3.1%$429.58
100,600 at 3.11%$430.13
100,600 at 3.12%$430.67
100,600 at 3.13%$431.22
100,600 at 3.14%$431.77
100,600 at 3.15%$432.32
100,600 at 3.16%$432.86
100,600 at 3.17%$433.41
100,600 at 3.18%$433.96
100,600 at 3.19%$434.51
100,600 at 3.2%$435.06
100,600 at 3.21%$435.61
100,600 at 3.22%$436.16
100,600 at 3.23%$436.71
100,600 at 3.24%$437.27
100,600 at 3.25%$437.82
100,600 at 3.26%$438.37
100,600 at 3.27%$438.92
100,600 at 3.28%$439.48
100,600 at 3.29%$440.03
100,600 at 3.3%$440.58
100,600 at 3.31%$441.14
100,600 at 3.32%$441.69
100,600 at 3.33%$442.25
100,600 at 3.34%$442.80
100,600 at 3.35%$443.36
100,600 at 3.36%$443.91
100,600 at 3.37%$444.47
100,600 at 3.38%$445.03
100,600 at 3.39%$445.58
100,600 at 3.4%$446.14
100,600 at 3.41%$446.70
100,600 at 3.42%$447.26
100,600 at 3.43%$447.82
100,600 at 3.44%$448.38
100,600 at 3.45%$448.94
100,600 at 3.46%$449.50
100,600 at 3.47%$450.06
100,600 at 3.48%$450.62
100,600 at 3.49%$451.18
100,600 at 3.5%$451.74
Interest Rate 30 Year
100,600 at 3.51%$452.30
100,600 at 3.52%$452.86
100,600 at 3.53%$453.43
100,600 at 3.54%$453.99
100,600 at 3.55%$454.55
100,600 at 3.56%$455.12
100,600 at 3.57%$455.68
100,600 at 3.58%$456.24
100,600 at 3.59%$456.81
100,600 at 3.6%$457.37
100,600 at 3.61%$457.94
100,600 at 3.62%$458.50
100,600 at 3.63%$459.07
100,600 at 3.64%$459.64
100,600 at 3.65%$460.20
100,600 at 3.66%$460.77
100,600 at 3.67%$461.34
100,600 at 3.68%$461.91
100,600 at 3.69%$462.48
100,600 at 3.7%$463.04
100,600 at 3.71%$463.61
100,600 at 3.72%$464.18
100,600 at 3.73%$464.75
100,600 at 3.74%$465.32
100,600 at 3.75%$465.89
100,600 at 3.76%$466.47
100,600 at 3.77%$467.04
100,600 at 3.78%$467.61
100,600 at 3.79%$468.18
100,600 at 3.8%$468.75
100,600 at 3.81%$469.33
100,600 at 3.82%$469.90
100,600 at 3.83%$470.47
100,600 at 3.84%$471.05
100,600 at 3.85%$471.62
100,600 at 3.86%$472.20
100,600 at 3.87%$472.77
100,600 at 3.88%$473.35
100,600 at 3.89%$473.92
100,600 at 3.9%$474.50
100,600 at 3.91%$475.07
100,600 at 3.92%$475.65
100,600 at 3.93%$476.23
100,600 at 3.94%$476.81
100,600 at 3.95%$477.38
100,600 at 3.96%$477.96
100,600 at 3.97%$478.54
100,600 at 3.98%$479.12
100,600 at 3.99%$479.70
100,600 at 4%$480.28
100,600 at 4.01%$480.86
100,600 at 4.02%$481.44
100,600 at 4.03%$482.02
100,600 at 4.04%$482.60
100,600 at 4.05%$483.18
100,600 at 4.06%$483.77
100,600 at 4.07%$484.35
100,600 at 4.08%$484.93
100,600 at 4.09%$485.51
100,600 at 4.1%$486.10
100,600 at 4.11%$486.68
100,600 at 4.12%$487.27
100,600 at 4.13%$487.85
100,600 at 4.14%$488.43
100,600 at 4.15%$489.02
100,600 at 4.16%$489.61
100,600 at 4.17%$490.19
100,600 at 4.18%$490.78
100,600 at 4.19%$491.36
100,600 at 4.2%$491.95
100,600 at 4.21%$492.54
100,600 at 4.22%$493.13
100,600 at 4.23%$493.71
100,600 at 4.24%$494.30
100,600 at 4.25%$494.89
100,600 at 4.26%$495.48
100,600 at 4.27%$496.07
100,600 at 4.28%$496.66
100,600 at 4.29%$497.25
100,600 at 4.3%$497.84
100,600 at 4.31%$498.43
100,600 at 4.32%$499.02
100,600 at 4.33%$499.61
100,600 at 4.34%$500.21
100,600 at 4.35%$500.80
100,600 at 4.36%$501.39
100,600 at 4.37%$501.98
100,600 at 4.38%$502.58
100,600 at 4.39%$503.17
100,600 at 4.4%$503.77
100,600 at 4.41%$504.36
100,600 at 4.42%$504.95
100,600 at 4.43%$505.55
100,600 at 4.44%$506.15
100,600 at 4.45%$506.74
100,600 at 4.46%$507.34
100,600 at 4.47%$507.93
100,600 at 4.48%$508.53
100,600 at 4.49%$509.13
100,600 at 4.5%$509.73
100,600 at 4.51%$510.32
100,600 at 4.52%$510.92
100,600 at 4.53%$511.52
100,600 at 4.54%$512.12
100,600 at 4.55%$512.72
100,600 at 4.56%$513.32
100,600 at 4.57%$513.92
100,600 at 4.58%$514.52
100,600 at 4.59%$515.12
100,600 at 4.6%$515.72
100,600 at 4.61%$516.32
100,600 at 4.62%$516.92
100,600 at 4.63%$517.53
100,600 at 4.64%$518.13
100,600 at 4.65%$518.73
100,600 at 4.66%$519.33
100,600 at 4.67%$519.94
100,600 at 4.68%$520.54
100,600 at 4.69%$521.15
100,600 at 4.7%$521.75
100,600 at 4.71%$522.35
100,600 at 4.72%$522.96
100,600 at 4.73%$523.57
100,600 at 4.74%$524.17
100,600 at 4.75%$524.78
100,600 at 4.76%$525.38
100,600 at 4.77%$525.99
100,600 at 4.78%$526.60
100,600 at 4.79%$527.21
100,600 at 4.8%$527.81
100,600 at 4.81%$528.42
100,600 at 4.82%$529.03
100,600 at 4.83%$529.64
100,600 at 4.84%$530.25
100,600 at 4.85%$530.86
100,600 at 4.86%$531.47
100,600 at 4.87%$532.08
100,600 at 4.88%$532.69
100,600 at 4.89%$533.30
100,600 at 4.9%$533.91
100,600 at 4.91%$534.52
100,600 at 4.92%$535.13
100,600 at 4.93%$535.75
100,600 at 4.94%$536.36
100,600 at 4.95%$536.97
100,600 at 4.96%$537.59
100,600 at 4.97%$538.20
100,600 at 4.98%$538.81
100,600 at 4.99%$539.43
100,600 at 5%$540.04
Interest Rate 30 Year
100,600 at 5.01%$540.66
100,600 at 5.02%$541.27
100,600 at 5.03%$541.89
100,600 at 5.04%$542.50
100,600 at 5.05%$543.12
100,600 at 5.06%$543.74
100,600 at 5.07%$544.35
100,600 at 5.08%$544.97
100,600 at 5.09%$545.59
100,600 at 5.1%$546.21
100,600 at 5.11%$546.83
100,600 at 5.12%$547.44
100,600 at 5.13%$548.06
100,600 at 5.14%$548.68
100,600 at 5.15%$549.30
100,600 at 5.16%$549.92
100,600 at 5.17%$550.54
100,600 at 5.18%$551.16
100,600 at 5.19%$551.78
100,600 at 5.2%$552.41
100,600 at 5.21%$553.03
100,600 at 5.22%$553.65
100,600 at 5.23%$554.27
100,600 at 5.24%$554.89
100,600 at 5.25%$555.52
100,600 at 5.26%$556.14
100,600 at 5.27%$556.76
100,600 at 5.28%$557.39
100,600 at 5.29%$558.01
100,600 at 5.3%$558.64
100,600 at 5.31%$559.26
100,600 at 5.32%$559.89
100,600 at 5.33%$560.51
100,600 at 5.34%$561.14
100,600 at 5.35%$561.76
100,600 at 5.36%$562.39
100,600 at 5.37%$563.02
100,600 at 5.38%$563.64
100,600 at 5.39%$564.27
100,600 at 5.4%$564.90
100,600 at 5.41%$565.53
100,600 at 5.42%$566.16
100,600 at 5.43%$566.79
100,600 at 5.44%$567.41
100,600 at 5.45%$568.04
100,600 at 5.46%$568.67
100,600 at 5.47%$569.30
100,600 at 5.48%$569.93
100,600 at 5.49%$570.56
100,600 at 5.5%$571.20
100,600 at 5.51%$571.83
100,600 at 5.52%$572.46
100,600 at 5.53%$573.09
100,600 at 5.54%$573.72
100,600 at 5.55%$574.36
100,600 at 5.56%$574.99
100,600 at 5.57%$575.62
100,600 at 5.58%$576.26
100,600 at 5.59%$576.89
100,600 at 5.6%$577.52
100,600 at 5.61%$578.16
100,600 at 5.62%$578.79
100,600 at 5.63%$579.43
100,600 at 5.64%$580.06
100,600 at 5.65%$580.70
100,600 at 5.66%$581.34
100,600 at 5.67%$581.97
100,600 at 5.68%$582.61
100,600 at 5.69%$583.25
100,600 at 5.7%$583.88
100,600 at 5.71%$584.52
100,600 at 5.72%$585.16
100,600 at 5.73%$585.80
100,600 at 5.74%$586.44
100,600 at 5.75%$587.07
100,600 at 5.76%$587.71
100,600 at 5.77%$588.35
100,600 at 5.78%$588.99
100,600 at 5.79%$589.63
100,600 at 5.8%$590.27
100,600 at 5.81%$590.91
100,600 at 5.82%$591.56
100,600 at 5.83%$592.20
100,600 at 5.84%$592.84
100,600 at 5.85%$593.48
100,600 at 5.86%$594.12
100,600 at 5.87%$594.77
100,600 at 5.88%$595.41
100,600 at 5.89%$596.05
100,600 at 5.9%$596.70
100,600 at 5.91%$597.34
100,600 at 5.92%$597.98
100,600 at 5.93%$598.63
100,600 at 5.94%$599.27
100,600 at 5.95%$599.92
100,600 at 5.96%$600.56
100,600 at 5.97%$601.21
100,600 at 5.98%$601.85
100,600 at 5.99%$602.50
100,600 at 6%$603.15
100,600 at 6.01%$603.79
100,600 at 6.02%$604.44
100,600 at 6.03%$605.09
100,600 at 6.04%$605.74
100,600 at 6.05%$606.39
100,600 at 6.06%$607.03
100,600 at 6.07%$607.68
100,600 at 6.08%$608.33
100,600 at 6.09%$608.98
100,600 at 6.1%$609.63
100,600 at 6.11%$610.28
100,600 at 6.12%$610.93
100,600 at 6.13%$611.58
100,600 at 6.14%$612.23
100,600 at 6.15%$612.88
100,600 at 6.16%$613.53
100,600 at 6.17%$614.19
100,600 at 6.18%$614.84
100,600 at 6.19%$615.49
100,600 at 6.2%$616.14
100,600 at 6.21%$616.80
100,600 at 6.22%$617.45
100,600 at 6.23%$618.10
100,600 at 6.24%$618.76
100,600 at 6.25%$619.41
100,600 at 6.26%$620.07
100,600 at 6.27%$620.72
100,600 at 6.28%$621.38
100,600 at 6.29%$622.03
100,600 at 6.3%$622.69
100,600 at 6.31%$623.34
100,600 at 6.32%$624.00
100,600 at 6.33%$624.66
100,600 at 6.34%$625.31
100,600 at 6.35%$625.97
100,600 at 6.36%$626.63
100,600 at 6.37%$627.28
100,600 at 6.38%$627.94
100,600 at 6.39%$628.60
100,600 at 6.4%$629.26
100,600 at 6.41%$629.92
100,600 at 6.42%$630.58
100,600 at 6.43%$631.24
100,600 at 6.44%$631.90
100,600 at 6.45%$632.56
100,600 at 6.46%$633.22
100,600 at 6.47%$633.88
100,600 at 6.48%$634.54
100,600 at 6.49%$635.20
100,600 at 6.5%$635.86
Interest Rate 30 Year
100,600 at 6.51%$636.52
100,600 at 6.52%$637.18
100,600 at 6.53%$637.85
100,600 at 6.54%$638.51
100,600 at 6.55%$639.17
100,600 at 6.56%$639.84
100,600 at 6.57%$640.50
100,600 at 6.58%$641.16
100,600 at 6.59%$641.83
100,600 at 6.6%$642.49
100,600 at 6.61%$643.16
100,600 at 6.62%$643.82
100,600 at 6.63%$644.49
100,600 at 6.64%$645.15
100,600 at 6.65%$645.82
100,600 at 6.66%$646.48
100,600 at 6.67%$647.15
100,600 at 6.68%$647.82
100,600 at 6.69%$648.48
100,600 at 6.7%$649.15
100,600 at 6.71%$649.82
100,600 at 6.72%$650.48
100,600 at 6.73%$651.15
100,600 at 6.74%$651.82
100,600 at 6.75%$652.49
100,600 at 6.76%$653.16
100,600 at 6.77%$653.83
100,600 at 6.78%$654.50
100,600 at 6.79%$655.17
100,600 at 6.8%$655.84
100,600 at 6.81%$656.51
100,600 at 6.82%$657.18
100,600 at 6.83%$657.85
100,600 at 6.84%$658.52
100,600 at 6.85%$659.19
100,600 at 6.86%$659.86
100,600 at 6.87%$660.53
100,600 at 6.88%$661.21
100,600 at 6.89%$661.88
100,600 at 6.9%$662.55
100,600 at 6.91%$663.22
100,600 at 6.92%$663.90
100,600 at 6.93%$664.57
100,600 at 6.94%$665.25
100,600 at 6.95%$665.92
100,600 at 6.96%$666.59
100,600 at 6.97%$667.27
100,600 at 6.98%$667.94
100,600 at 6.99%$668.62
100,600 at 7%$669.29
100,600 at 7.01%$669.97
100,600 at 7.02%$670.65
100,600 at 7.03%$671.32
100,600 at 7.04%$672.00
100,600 at 7.05%$672.68
100,600 at 7.06%$673.35
100,600 at 7.07%$674.03
100,600 at 7.08%$674.71
100,600 at 7.09%$675.39
100,600 at 7.1%$676.06
100,600 at 7.11%$676.74
100,600 at 7.12%$677.42
100,600 at 7.13%$678.10
100,600 at 7.14%$678.78
100,600 at 7.15%$679.46
100,600 at 7.16%$680.14
100,600 at 7.17%$680.82
100,600 at 7.18%$681.50
100,600 at 7.19%$682.18
100,600 at 7.2%$682.86
100,600 at 7.21%$683.54
100,600 at 7.22%$684.22
100,600 at 7.23%$684.91
100,600 at 7.24%$685.59
100,600 at 7.25%$686.27
100,600 at 7.26%$686.95
100,600 at 7.27%$687.63
100,600 at 7.28%$688.32
100,600 at 7.29%$689.00
100,600 at 7.3%$689.68
100,600 at 7.31%$690.37
100,600 at 7.32%$691.05
100,600 at 7.33%$691.74
100,600 at 7.34%$692.42
100,600 at 7.35%$693.11
100,600 at 7.36%$693.79
100,600 at 7.37%$694.48
100,600 at 7.38%$695.16
100,600 at 7.39%$695.85
100,600 at 7.4%$696.53
100,600 at 7.41%$697.22
100,600 at 7.42%$697.91
100,600 at 7.43%$698.59
100,600 at 7.44%$699.28
100,600 at 7.45%$699.97
100,600 at 7.46%$700.66
100,600 at 7.47%$701.34
100,600 at 7.48%$702.03
100,600 at 7.49%$702.72
100,600 at 7.5%$703.41
100,600 at 7.51%$704.10
100,600 at 7.52%$704.79
100,600 at 7.53%$705.48
100,600 at 7.54%$706.17
100,600 at 7.55%$706.86
100,600 at 7.56%$707.55
100,600 at 7.57%$708.24
100,600 at 7.58%$708.93
100,600 at 7.59%$709.62
100,600 at 7.6%$710.31
100,600 at 7.61%$711.00
100,600 at 7.62%$711.69
100,600 at 7.63%$712.39
100,600 at 7.64%$713.08
100,600 at 7.65%$713.77
100,600 at 7.66%$714.46
100,600 at 7.67%$715.16
100,600 at 7.68%$715.85
100,600 at 7.69%$716.54
100,600 at 7.7%$717.24
100,600 at 7.71%$717.93
100,600 at 7.72%$718.63
100,600 at 7.73%$719.32
100,600 at 7.74%$720.02
100,600 at 7.75%$720.71
100,600 at 7.76%$721.41
100,600 at 7.77%$722.10
100,600 at 7.78%$722.80
100,600 at 7.79%$723.49
100,600 at 7.8%$724.19
100,600 at 7.81%$724.89
100,600 at 7.82%$725.58
100,600 at 7.83%$726.28
100,600 at 7.84%$726.98
100,600 at 7.85%$727.67
100,600 at 7.86%$728.37
100,600 at 7.87%$729.07
100,600 at 7.88%$729.77
100,600 at 7.89%$730.47
100,600 at 7.9%$731.17
100,600 at 7.91%$731.87
100,600 at 7.92%$732.56
100,600 at 7.93%$733.26
100,600 at 7.94%$733.96
100,600 at 7.95%$734.66
100,600 at 7.96%$735.36
100,600 at 7.97%$736.06
100,600 at 7.98%$736.77
100,600 at 7.99%$737.47
100,600 at 8%$738.17
More Amounts
What is the down payment for a $100,600 house? How much do you need to put down?
Percent Down Down Payment
1%1,006
2%2,012
3%3,018
4%4,024
5%5,030
6%6,036
7%7,042
8%8,048
9%9,054
10%10,060
11%11,066
12%12,072
13%13,078
14%14,084
15%15,090
16%16,096
17%17,102
18%18,108
19%19,114
20%20,120
Percent Down Down Payment
21%21,126
22%22,132
23%23,138
24%24,144
25%25,150
26%26,156
27%27,162
28%28,168
29%29,174
30%30,180
31%31,186
32%32,192
33%33,198
34%34,204
35%35,210
36%36,216
37%37,222
38%38,228
39%39,234
40%40,240
Percent Down Down Payment
41%41,246
42%42,252
43%43,258
44%44,264
45%45,270
46%46,276
47%47,282
48%48,288
49%49,294
50%50,300
51%51,306
52%52,312
53%53,318
54%54,324
55%55,330
56%56,336
57%57,342
58%58,348
59%59,354
60%60,360
Percent Down Down Payment
61%61,366
62%62,372
63%63,378
64%64,384
65%65,390
66%66,396
67%67,402
68%68,408
69%69,414
70%70,420
71%71,426
72%72,432
73%73,438
74%74,444
75%75,450
76%76,456
77%77,462
78%78,468
79%79,474
80%80,480
Percent Down Down Payment
81%81,486
82%82,492
83%83,498
84%84,504
85%85,510
86%86,516
87%87,522
88%88,528
89%89,534
90%90,540
91%91,546
92%92,552
93%93,558
94%94,564
95%95,570
96%96,576
97%97,582
98%98,588
99%99,594
100%100,600
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.