$101,200 Mortgage for 30 Years

What is the monthly payment of a 101,200 dollar loan?
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Loan Tables for a $101,200 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 $101,200 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
101,200 at 2.01%$374.56
101,200 at 2.02%$375.07
101,200 at 2.03%$375.57
101,200 at 2.04%$376.08
101,200 at 2.05%$376.59
101,200 at 2.06%$377.10
101,200 at 2.07%$377.61
101,200 at 2.08%$378.12
101,200 at 2.09%$378.63
101,200 at 2.1%$379.14
101,200 at 2.11%$379.65
101,200 at 2.12%$380.16
101,200 at 2.13%$380.67
101,200 at 2.14%$381.18
101,200 at 2.15%$381.69
101,200 at 2.16%$382.20
101,200 at 2.17%$382.72
101,200 at 2.18%$383.23
101,200 at 2.19%$383.74
101,200 at 2.2%$384.26
101,200 at 2.21%$384.77
101,200 at 2.22%$385.29
101,200 at 2.23%$385.80
101,200 at 2.24%$386.32
101,200 at 2.25%$386.83
101,200 at 2.26%$387.35
101,200 at 2.27%$387.87
101,200 at 2.28%$388.38
101,200 at 2.29%$388.90
101,200 at 2.3%$389.42
101,200 at 2.31%$389.94
101,200 at 2.32%$390.46
101,200 at 2.33%$390.98
101,200 at 2.34%$391.49
101,200 at 2.35%$392.01
101,200 at 2.36%$392.54
101,200 at 2.37%$393.06
101,200 at 2.38%$393.58
101,200 at 2.39%$394.10
101,200 at 2.4%$394.62
101,200 at 2.41%$395.14
101,200 at 2.42%$395.67
101,200 at 2.43%$396.19
101,200 at 2.44%$396.71
101,200 at 2.45%$397.24
101,200 at 2.46%$397.76
101,200 at 2.47%$398.29
101,200 at 2.48%$398.81
101,200 at 2.49%$399.34
101,200 at 2.5%$399.86
101,200 at 2.51%$400.39
101,200 at 2.52%$400.92
101,200 at 2.53%$401.44
101,200 at 2.54%$401.97
101,200 at 2.55%$402.50
101,200 at 2.56%$403.03
101,200 at 2.57%$403.56
101,200 at 2.58%$404.08
101,200 at 2.59%$404.61
101,200 at 2.6%$405.14
101,200 at 2.61%$405.67
101,200 at 2.62%$406.20
101,200 at 2.63%$406.74
101,200 at 2.64%$407.27
101,200 at 2.65%$407.80
101,200 at 2.66%$408.33
101,200 at 2.67%$408.86
101,200 at 2.68%$409.40
101,200 at 2.69%$409.93
101,200 at 2.7%$410.46
101,200 at 2.71%$411.00
101,200 at 2.72%$411.53
101,200 at 2.73%$412.07
101,200 at 2.74%$412.60
101,200 at 2.75%$413.14
101,200 at 2.76%$413.68
101,200 at 2.77%$414.21
101,200 at 2.78%$414.75
101,200 at 2.79%$415.29
101,200 at 2.8%$415.83
101,200 at 2.81%$416.36
101,200 at 2.82%$416.90
101,200 at 2.83%$417.44
101,200 at 2.84%$417.98
101,200 at 2.85%$418.52
101,200 at 2.86%$419.06
101,200 at 2.87%$419.60
101,200 at 2.88%$420.14
101,200 at 2.89%$420.68
101,200 at 2.9%$421.22
101,200 at 2.91%$421.77
101,200 at 2.92%$422.31
101,200 at 2.93%$422.85
101,200 at 2.94%$423.40
101,200 at 2.95%$423.94
101,200 at 2.96%$424.48
101,200 at 2.97%$425.03
101,200 at 2.98%$425.57
101,200 at 2.99%$426.12
101,200 at 3%$426.66
101,200 at 3.01%$427.21
101,200 at 3.02%$427.76
101,200 at 3.03%$428.30
101,200 at 3.04%$428.85
101,200 at 3.05%$429.40
101,200 at 3.06%$429.95
101,200 at 3.07%$430.49
101,200 at 3.08%$431.04
101,200 at 3.09%$431.59
101,200 at 3.1%$432.14
101,200 at 3.11%$432.69
101,200 at 3.12%$433.24
101,200 at 3.13%$433.79
101,200 at 3.14%$434.34
101,200 at 3.15%$434.89
101,200 at 3.16%$435.45
101,200 at 3.17%$436.00
101,200 at 3.18%$436.55
101,200 at 3.19%$437.10
101,200 at 3.2%$437.66
101,200 at 3.21%$438.21
101,200 at 3.22%$438.76
101,200 at 3.23%$439.32
101,200 at 3.24%$439.87
101,200 at 3.25%$440.43
101,200 at 3.26%$440.98
101,200 at 3.27%$441.54
101,200 at 3.28%$442.10
101,200 at 3.29%$442.65
101,200 at 3.3%$443.21
101,200 at 3.31%$443.77
101,200 at 3.32%$444.33
101,200 at 3.33%$444.88
101,200 at 3.34%$445.44
101,200 at 3.35%$446.00
101,200 at 3.36%$446.56
101,200 at 3.37%$447.12
101,200 at 3.38%$447.68
101,200 at 3.39%$448.24
101,200 at 3.4%$448.80
101,200 at 3.41%$449.36
101,200 at 3.42%$449.93
101,200 at 3.43%$450.49
101,200 at 3.44%$451.05
101,200 at 3.45%$451.61
101,200 at 3.46%$452.18
101,200 at 3.47%$452.74
101,200 at 3.48%$453.30
101,200 at 3.49%$453.87
101,200 at 3.5%$454.43
Interest Rate 30 Year
101,200 at 3.51%$455.00
101,200 at 3.52%$455.56
101,200 at 3.53%$456.13
101,200 at 3.54%$456.70
101,200 at 3.55%$457.26
101,200 at 3.56%$457.83
101,200 at 3.57%$458.40
101,200 at 3.58%$458.96
101,200 at 3.59%$459.53
101,200 at 3.6%$460.10
101,200 at 3.61%$460.67
101,200 at 3.62%$461.24
101,200 at 3.63%$461.81
101,200 at 3.64%$462.38
101,200 at 3.65%$462.95
101,200 at 3.66%$463.52
101,200 at 3.67%$464.09
101,200 at 3.68%$464.66
101,200 at 3.69%$465.23
101,200 at 3.7%$465.81
101,200 at 3.71%$466.38
101,200 at 3.72%$466.95
101,200 at 3.73%$467.53
101,200 at 3.74%$468.10
101,200 at 3.75%$468.67
101,200 at 3.76%$469.25
101,200 at 3.77%$469.82
101,200 at 3.78%$470.40
101,200 at 3.79%$470.97
101,200 at 3.8%$471.55
101,200 at 3.81%$472.13
101,200 at 3.82%$472.70
101,200 at 3.83%$473.28
101,200 at 3.84%$473.86
101,200 at 3.85%$474.43
101,200 at 3.86%$475.01
101,200 at 3.87%$475.59
101,200 at 3.88%$476.17
101,200 at 3.89%$476.75
101,200 at 3.9%$477.33
101,200 at 3.91%$477.91
101,200 at 3.92%$478.49
101,200 at 3.93%$479.07
101,200 at 3.94%$479.65
101,200 at 3.95%$480.23
101,200 at 3.96%$480.81
101,200 at 3.97%$481.40
101,200 at 3.98%$481.98
101,200 at 3.99%$482.56
101,200 at 4%$483.14
101,200 at 4.01%$483.73
101,200 at 4.02%$484.31
101,200 at 4.03%$484.90
101,200 at 4.04%$485.48
101,200 at 4.05%$486.07
101,200 at 4.06%$486.65
101,200 at 4.07%$487.24
101,200 at 4.08%$487.82
101,200 at 4.09%$488.41
101,200 at 4.1%$489.00
101,200 at 4.11%$489.58
101,200 at 4.12%$490.17
101,200 at 4.13%$490.76
101,200 at 4.14%$491.35
101,200 at 4.15%$491.94
101,200 at 4.16%$492.53
101,200 at 4.17%$493.12
101,200 at 4.18%$493.70
101,200 at 4.19%$494.29
101,200 at 4.2%$494.89
101,200 at 4.21%$495.48
101,200 at 4.22%$496.07
101,200 at 4.23%$496.66
101,200 at 4.24%$497.25
101,200 at 4.25%$497.84
101,200 at 4.26%$498.44
101,200 at 4.27%$499.03
101,200 at 4.28%$499.62
101,200 at 4.29%$500.22
101,200 at 4.3%$500.81
101,200 at 4.31%$501.40
101,200 at 4.32%$502.00
101,200 at 4.33%$502.59
101,200 at 4.34%$503.19
101,200 at 4.35%$503.79
101,200 at 4.36%$504.38
101,200 at 4.37%$504.98
101,200 at 4.38%$505.58
101,200 at 4.39%$506.17
101,200 at 4.4%$506.77
101,200 at 4.41%$507.37
101,200 at 4.42%$507.97
101,200 at 4.43%$508.56
101,200 at 4.44%$509.16
101,200 at 4.45%$509.76
101,200 at 4.46%$510.36
101,200 at 4.47%$510.96
101,200 at 4.48%$511.56
101,200 at 4.49%$512.16
101,200 at 4.5%$512.77
101,200 at 4.51%$513.37
101,200 at 4.52%$513.97
101,200 at 4.53%$514.57
101,200 at 4.54%$515.17
101,200 at 4.55%$515.78
101,200 at 4.56%$516.38
101,200 at 4.57%$516.98
101,200 at 4.58%$517.59
101,200 at 4.59%$518.19
101,200 at 4.6%$518.80
101,200 at 4.61%$519.40
101,200 at 4.62%$520.01
101,200 at 4.63%$520.61
101,200 at 4.64%$521.22
101,200 at 4.65%$521.82
101,200 at 4.66%$522.43
101,200 at 4.67%$523.04
101,200 at 4.68%$523.65
101,200 at 4.69%$524.25
101,200 at 4.7%$524.86
101,200 at 4.71%$525.47
101,200 at 4.72%$526.08
101,200 at 4.73%$526.69
101,200 at 4.74%$527.30
101,200 at 4.75%$527.91
101,200 at 4.76%$528.52
101,200 at 4.77%$529.13
101,200 at 4.78%$529.74
101,200 at 4.79%$530.35
101,200 at 4.8%$530.96
101,200 at 4.81%$531.57
101,200 at 4.82%$532.19
101,200 at 4.83%$532.80
101,200 at 4.84%$533.41
101,200 at 4.85%$534.02
101,200 at 4.86%$534.64
101,200 at 4.87%$535.25
101,200 at 4.88%$535.87
101,200 at 4.89%$536.48
101,200 at 4.9%$537.10
101,200 at 4.91%$537.71
101,200 at 4.92%$538.33
101,200 at 4.93%$538.94
101,200 at 4.94%$539.56
101,200 at 4.95%$540.18
101,200 at 4.96%$540.79
101,200 at 4.97%$541.41
101,200 at 4.98%$542.03
101,200 at 4.99%$542.65
101,200 at 5%$543.26
Interest Rate 30 Year
101,200 at 5.01%$543.88
101,200 at 5.02%$544.50
101,200 at 5.03%$545.12
101,200 at 5.04%$545.74
101,200 at 5.05%$546.36
101,200 at 5.06%$546.98
101,200 at 5.07%$547.60
101,200 at 5.08%$548.22
101,200 at 5.09%$548.84
101,200 at 5.1%$549.47
101,200 at 5.11%$550.09
101,200 at 5.12%$550.71
101,200 at 5.13%$551.33
101,200 at 5.14%$551.96
101,200 at 5.15%$552.58
101,200 at 5.16%$553.20
101,200 at 5.17%$553.83
101,200 at 5.18%$554.45
101,200 at 5.19%$555.08
101,200 at 5.2%$555.70
101,200 at 5.21%$556.33
101,200 at 5.22%$556.95
101,200 at 5.23%$557.58
101,200 at 5.24%$558.20
101,200 at 5.25%$558.83
101,200 at 5.26%$559.46
101,200 at 5.27%$560.08
101,200 at 5.28%$560.71
101,200 at 5.29%$561.34
101,200 at 5.3%$561.97
101,200 at 5.31%$562.60
101,200 at 5.32%$563.23
101,200 at 5.33%$563.86
101,200 at 5.34%$564.48
101,200 at 5.35%$565.11
101,200 at 5.36%$565.74
101,200 at 5.37%$566.38
101,200 at 5.38%$567.01
101,200 at 5.39%$567.64
101,200 at 5.4%$568.27
101,200 at 5.41%$568.90
101,200 at 5.42%$569.53
101,200 at 5.43%$570.17
101,200 at 5.44%$570.80
101,200 at 5.45%$571.43
101,200 at 5.46%$572.07
101,200 at 5.47%$572.70
101,200 at 5.48%$573.33
101,200 at 5.49%$573.97
101,200 at 5.5%$574.60
101,200 at 5.51%$575.24
101,200 at 5.52%$575.87
101,200 at 5.53%$576.51
101,200 at 5.54%$577.14
101,200 at 5.55%$577.78
101,200 at 5.56%$578.42
101,200 at 5.57%$579.05
101,200 at 5.58%$579.69
101,200 at 5.59%$580.33
101,200 at 5.6%$580.97
101,200 at 5.61%$581.61
101,200 at 5.62%$582.24
101,200 at 5.63%$582.88
101,200 at 5.64%$583.52
101,200 at 5.65%$584.16
101,200 at 5.66%$584.80
101,200 at 5.67%$585.44
101,200 at 5.68%$586.08
101,200 at 5.69%$586.72
101,200 at 5.7%$587.37
101,200 at 5.71%$588.01
101,200 at 5.72%$588.65
101,200 at 5.73%$589.29
101,200 at 5.74%$589.93
101,200 at 5.75%$590.58
101,200 at 5.76%$591.22
101,200 at 5.77%$591.86
101,200 at 5.78%$592.51
101,200 at 5.79%$593.15
101,200 at 5.8%$593.79
101,200 at 5.81%$594.44
101,200 at 5.82%$595.08
101,200 at 5.83%$595.73
101,200 at 5.84%$596.37
101,200 at 5.85%$597.02
101,200 at 5.86%$597.67
101,200 at 5.87%$598.31
101,200 at 5.88%$598.96
101,200 at 5.89%$599.61
101,200 at 5.9%$600.25
101,200 at 5.91%$600.90
101,200 at 5.92%$601.55
101,200 at 5.93%$602.20
101,200 at 5.94%$602.85
101,200 at 5.95%$603.50
101,200 at 5.96%$604.15
101,200 at 5.97%$604.79
101,200 at 5.98%$605.44
101,200 at 5.99%$606.09
101,200 at 6%$606.75
101,200 at 6.01%$607.40
101,200 at 6.02%$608.05
101,200 at 6.03%$608.70
101,200 at 6.04%$609.35
101,200 at 6.05%$610.00
101,200 at 6.06%$610.65
101,200 at 6.07%$611.31
101,200 at 6.08%$611.96
101,200 at 6.09%$612.61
101,200 at 6.1%$613.27
101,200 at 6.11%$613.92
101,200 at 6.12%$614.57
101,200 at 6.13%$615.23
101,200 at 6.14%$615.88
101,200 at 6.15%$616.54
101,200 at 6.16%$617.19
101,200 at 6.17%$617.85
101,200 at 6.18%$618.51
101,200 at 6.19%$619.16
101,200 at 6.2%$619.82
101,200 at 6.21%$620.48
101,200 at 6.22%$621.13
101,200 at 6.23%$621.79
101,200 at 6.24%$622.45
101,200 at 6.25%$623.11
101,200 at 6.26%$623.76
101,200 at 6.27%$624.42
101,200 at 6.28%$625.08
101,200 at 6.29%$625.74
101,200 at 6.3%$626.40
101,200 at 6.31%$627.06
101,200 at 6.32%$627.72
101,200 at 6.33%$628.38
101,200 at 6.34%$629.04
101,200 at 6.35%$629.70
101,200 at 6.36%$630.36
101,200 at 6.37%$631.03
101,200 at 6.38%$631.69
101,200 at 6.39%$632.35
101,200 at 6.4%$633.01
101,200 at 6.41%$633.67
101,200 at 6.42%$634.34
101,200 at 6.43%$635.00
101,200 at 6.44%$635.66
101,200 at 6.45%$636.33
101,200 at 6.46%$636.99
101,200 at 6.47%$637.66
101,200 at 6.48%$638.32
101,200 at 6.49%$638.99
101,200 at 6.5%$639.65
Interest Rate 30 Year
101,200 at 6.51%$640.32
101,200 at 6.52%$640.98
101,200 at 6.53%$641.65
101,200 at 6.54%$642.32
101,200 at 6.55%$642.98
101,200 at 6.56%$643.65
101,200 at 6.57%$644.32
101,200 at 6.58%$644.99
101,200 at 6.59%$645.65
101,200 at 6.6%$646.32
101,200 at 6.61%$646.99
101,200 at 6.62%$647.66
101,200 at 6.63%$648.33
101,200 at 6.64%$649.00
101,200 at 6.65%$649.67
101,200 at 6.66%$650.34
101,200 at 6.67%$651.01
101,200 at 6.68%$651.68
101,200 at 6.69%$652.35
101,200 at 6.7%$653.02
101,200 at 6.71%$653.69
101,200 at 6.72%$654.36
101,200 at 6.73%$655.04
101,200 at 6.74%$655.71
101,200 at 6.75%$656.38
101,200 at 6.76%$657.05
101,200 at 6.77%$657.73
101,200 at 6.78%$658.40
101,200 at 6.79%$659.07
101,200 at 6.8%$659.75
101,200 at 6.81%$660.42
101,200 at 6.82%$661.10
101,200 at 6.83%$661.77
101,200 at 6.84%$662.45
101,200 at 6.85%$663.12
101,200 at 6.86%$663.80
101,200 at 6.87%$664.47
101,200 at 6.88%$665.15
101,200 at 6.89%$665.83
101,200 at 6.9%$666.50
101,200 at 6.91%$667.18
101,200 at 6.92%$667.86
101,200 at 6.93%$668.54
101,200 at 6.94%$669.21
101,200 at 6.95%$669.89
101,200 at 6.96%$670.57
101,200 at 6.97%$671.25
101,200 at 6.98%$671.93
101,200 at 6.99%$672.61
101,200 at 7%$673.29
101,200 at 7.01%$673.97
101,200 at 7.02%$674.65
101,200 at 7.03%$675.33
101,200 at 7.04%$676.01
101,200 at 7.05%$676.69
101,200 at 7.06%$677.37
101,200 at 7.07%$678.05
101,200 at 7.08%$678.73
101,200 at 7.09%$679.41
101,200 at 7.1%$680.10
101,200 at 7.11%$680.78
101,200 at 7.12%$681.46
101,200 at 7.13%$682.14
101,200 at 7.14%$682.83
101,200 at 7.15%$683.51
101,200 at 7.16%$684.20
101,200 at 7.17%$684.88
101,200 at 7.18%$685.56
101,200 at 7.19%$686.25
101,200 at 7.2%$686.93
101,200 at 7.21%$687.62
101,200 at 7.22%$688.30
101,200 at 7.23%$688.99
101,200 at 7.24%$689.68
101,200 at 7.25%$690.36
101,200 at 7.26%$691.05
101,200 at 7.27%$691.74
101,200 at 7.28%$692.42
101,200 at 7.29%$693.11
101,200 at 7.3%$693.80
101,200 at 7.31%$694.49
101,200 at 7.32%$695.17
101,200 at 7.33%$695.86
101,200 at 7.34%$696.55
101,200 at 7.35%$697.24
101,200 at 7.36%$697.93
101,200 at 7.37%$698.62
101,200 at 7.38%$699.31
101,200 at 7.39%$700.00
101,200 at 7.4%$700.69
101,200 at 7.41%$701.38
101,200 at 7.42%$702.07
101,200 at 7.43%$702.76
101,200 at 7.44%$703.45
101,200 at 7.45%$704.14
101,200 at 7.46%$704.84
101,200 at 7.47%$705.53
101,200 at 7.48%$706.22
101,200 at 7.49%$706.91
101,200 at 7.5%$707.61
101,200 at 7.51%$708.30
101,200 at 7.52%$708.99
101,200 at 7.53%$709.69
101,200 at 7.54%$710.38
101,200 at 7.55%$711.07
101,200 at 7.56%$711.77
101,200 at 7.57%$712.46
101,200 at 7.58%$713.16
101,200 at 7.59%$713.85
101,200 at 7.6%$714.55
101,200 at 7.61%$715.24
101,200 at 7.62%$715.94
101,200 at 7.63%$716.64
101,200 at 7.64%$717.33
101,200 at 7.65%$718.03
101,200 at 7.66%$718.73
101,200 at 7.67%$719.42
101,200 at 7.68%$720.12
101,200 at 7.69%$720.82
101,200 at 7.7%$721.52
101,200 at 7.71%$722.21
101,200 at 7.72%$722.91
101,200 at 7.73%$723.61
101,200 at 7.74%$724.31
101,200 at 7.75%$725.01
101,200 at 7.76%$725.71
101,200 at 7.77%$726.41
101,200 at 7.78%$727.11
101,200 at 7.79%$727.81
101,200 at 7.8%$728.51
101,200 at 7.81%$729.21
101,200 at 7.82%$729.91
101,200 at 7.83%$730.61
101,200 at 7.84%$731.31
101,200 at 7.85%$732.01
101,200 at 7.86%$732.72
101,200 at 7.87%$733.42
101,200 at 7.88%$734.12
101,200 at 7.89%$734.82
101,200 at 7.9%$735.53
101,200 at 7.91%$736.23
101,200 at 7.92%$736.93
101,200 at 7.93%$737.64
101,200 at 7.94%$738.34
101,200 at 7.95%$739.05
101,200 at 7.96%$739.75
101,200 at 7.97%$740.45
101,200 at 7.98%$741.16
101,200 at 7.99%$741.86
101,200 at 8%$742.57
More Amounts
What is the down payment for a $101,200 house? How much do you need to put down?
Percent Down Down Payment
1%1,012
2%2,024
3%3,036
4%4,048
5%5,060
6%6,072
7%7,084
8%8,096
9%9,108
10%10,120
11%11,132
12%12,144
13%13,156
14%14,168
15%15,180
16%16,192
17%17,204
18%18,216
19%19,228
20%20,240
Percent Down Down Payment
21%21,252
22%22,264
23%23,276
24%24,288
25%25,300
26%26,312
27%27,324
28%28,336
29%29,348
30%30,360
31%31,372
32%32,384
33%33,396
34%34,408
35%35,420
36%36,432
37%37,444
38%38,456
39%39,468
40%40,480
Percent Down Down Payment
41%41,492
42%42,504
43%43,516
44%44,528
45%45,540
46%46,552
47%47,564
48%48,576
49%49,588
50%50,600
51%51,612
52%52,624
53%53,636
54%54,648
55%55,660
56%56,672
57%57,684
58%58,696
59%59,708
60%60,720
Percent Down Down Payment
61%61,732
62%62,744
63%63,756
64%64,768
65%65,780
66%66,792
67%67,804
68%68,816
69%69,828
70%70,840
71%71,852
72%72,864
73%73,876
74%74,888
75%75,900
76%76,912
77%77,924
78%78,936
79%79,948
80%80,960
Percent Down Down Payment
81%81,972
82%82,984
83%83,996
84%85,008
85%86,020
86%87,032
87%88,044
88%89,056
89%90,068
90%91,080
91%92,092
92%93,104
93%94,116
94%95,128
95%96,140
96%97,152
97%98,164
98%99,176
99%100,188
100%101,200
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.