$102,800 Mortgage for 30 Years

What is the monthly payment of a 102,800 dollar loan?
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Loan Tables for a $102,800 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 103k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $102,800 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
102,800 at 2.01%$380.48
102,800 at 2.02%$381.00
102,800 at 2.03%$381.51
102,800 at 2.04%$382.03
102,800 at 2.05%$382.54
102,800 at 2.06%$383.06
102,800 at 2.07%$383.58
102,800 at 2.08%$384.09
102,800 at 2.09%$384.61
102,800 at 2.1%$385.13
102,800 at 2.11%$385.65
102,800 at 2.12%$386.17
102,800 at 2.13%$386.69
102,800 at 2.14%$387.21
102,800 at 2.15%$387.73
102,800 at 2.16%$388.25
102,800 at 2.17%$388.77
102,800 at 2.18%$389.29
102,800 at 2.19%$389.81
102,800 at 2.2%$390.33
102,800 at 2.21%$390.85
102,800 at 2.22%$391.38
102,800 at 2.23%$391.90
102,800 at 2.24%$392.42
102,800 at 2.25%$392.95
102,800 at 2.26%$393.47
102,800 at 2.27%$394.00
102,800 at 2.28%$394.52
102,800 at 2.29%$395.05
102,800 at 2.3%$395.58
102,800 at 2.31%$396.10
102,800 at 2.32%$396.63
102,800 at 2.33%$397.16
102,800 at 2.34%$397.68
102,800 at 2.35%$398.21
102,800 at 2.36%$398.74
102,800 at 2.37%$399.27
102,800 at 2.38%$399.80
102,800 at 2.39%$400.33
102,800 at 2.4%$400.86
102,800 at 2.41%$401.39
102,800 at 2.42%$401.92
102,800 at 2.43%$402.45
102,800 at 2.44%$402.98
102,800 at 2.45%$403.52
102,800 at 2.46%$404.05
102,800 at 2.47%$404.58
102,800 at 2.48%$405.12
102,800 at 2.49%$405.65
102,800 at 2.5%$406.18
102,800 at 2.51%$406.72
102,800 at 2.52%$407.25
102,800 at 2.53%$407.79
102,800 at 2.54%$408.33
102,800 at 2.55%$408.86
102,800 at 2.56%$409.40
102,800 at 2.57%$409.94
102,800 at 2.58%$410.47
102,800 at 2.59%$411.01
102,800 at 2.6%$411.55
102,800 at 2.61%$412.09
102,800 at 2.62%$412.63
102,800 at 2.63%$413.17
102,800 at 2.64%$413.71
102,800 at 2.65%$414.25
102,800 at 2.66%$414.79
102,800 at 2.67%$415.33
102,800 at 2.68%$415.87
102,800 at 2.69%$416.41
102,800 at 2.7%$416.95
102,800 at 2.71%$417.50
102,800 at 2.72%$418.04
102,800 at 2.73%$418.58
102,800 at 2.74%$419.13
102,800 at 2.75%$419.67
102,800 at 2.76%$420.22
102,800 at 2.77%$420.76
102,800 at 2.78%$421.31
102,800 at 2.79%$421.85
102,800 at 2.8%$422.40
102,800 at 2.81%$422.95
102,800 at 2.82%$423.49
102,800 at 2.83%$424.04
102,800 at 2.84%$424.59
102,800 at 2.85%$425.14
102,800 at 2.86%$425.69
102,800 at 2.87%$426.23
102,800 at 2.88%$426.78
102,800 at 2.89%$427.33
102,800 at 2.9%$427.88
102,800 at 2.91%$428.44
102,800 at 2.92%$428.99
102,800 at 2.93%$429.54
102,800 at 2.94%$430.09
102,800 at 2.95%$430.64
102,800 at 2.96%$431.19
102,800 at 2.97%$431.75
102,800 at 2.98%$432.30
102,800 at 2.99%$432.85
102,800 at 3%$433.41
102,800 at 3.01%$433.96
102,800 at 3.02%$434.52
102,800 at 3.03%$435.07
102,800 at 3.04%$435.63
102,800 at 3.05%$436.19
102,800 at 3.06%$436.74
102,800 at 3.07%$437.30
102,800 at 3.08%$437.86
102,800 at 3.09%$438.41
102,800 at 3.1%$438.97
102,800 at 3.11%$439.53
102,800 at 3.12%$440.09
102,800 at 3.13%$440.65
102,800 at 3.14%$441.21
102,800 at 3.15%$441.77
102,800 at 3.16%$442.33
102,800 at 3.17%$442.89
102,800 at 3.18%$443.45
102,800 at 3.19%$444.01
102,800 at 3.2%$444.58
102,800 at 3.21%$445.14
102,800 at 3.22%$445.70
102,800 at 3.23%$446.26
102,800 at 3.24%$446.83
102,800 at 3.25%$447.39
102,800 at 3.26%$447.96
102,800 at 3.27%$448.52
102,800 at 3.28%$449.09
102,800 at 3.29%$449.65
102,800 at 3.3%$450.22
102,800 at 3.31%$450.78
102,800 at 3.32%$451.35
102,800 at 3.33%$451.92
102,800 at 3.34%$452.49
102,800 at 3.35%$453.05
102,800 at 3.36%$453.62
102,800 at 3.37%$454.19
102,800 at 3.38%$454.76
102,800 at 3.39%$455.33
102,800 at 3.4%$455.90
102,800 at 3.41%$456.47
102,800 at 3.42%$457.04
102,800 at 3.43%$457.61
102,800 at 3.44%$458.18
102,800 at 3.45%$458.75
102,800 at 3.46%$459.33
102,800 at 3.47%$459.90
102,800 at 3.48%$460.47
102,800 at 3.49%$461.04
102,800 at 3.5%$461.62
Interest Rate 30 Year
102,800 at 3.51%$462.19
102,800 at 3.52%$462.77
102,800 at 3.53%$463.34
102,800 at 3.54%$463.92
102,800 at 3.55%$464.49
102,800 at 3.56%$465.07
102,800 at 3.57%$465.64
102,800 at 3.58%$466.22
102,800 at 3.59%$466.80
102,800 at 3.6%$467.38
102,800 at 3.61%$467.95
102,800 at 3.62%$468.53
102,800 at 3.63%$469.11
102,800 at 3.64%$469.69
102,800 at 3.65%$470.27
102,800 at 3.66%$470.85
102,800 at 3.67%$471.43
102,800 at 3.68%$472.01
102,800 at 3.69%$472.59
102,800 at 3.7%$473.17
102,800 at 3.71%$473.75
102,800 at 3.72%$474.33
102,800 at 3.73%$474.92
102,800 at 3.74%$475.50
102,800 at 3.75%$476.08
102,800 at 3.76%$476.67
102,800 at 3.77%$477.25
102,800 at 3.78%$477.83
102,800 at 3.79%$478.42
102,800 at 3.8%$479.00
102,800 at 3.81%$479.59
102,800 at 3.82%$480.18
102,800 at 3.83%$480.76
102,800 at 3.84%$481.35
102,800 at 3.85%$481.93
102,800 at 3.86%$482.52
102,800 at 3.87%$483.11
102,800 at 3.88%$483.70
102,800 at 3.89%$484.29
102,800 at 3.9%$484.87
102,800 at 3.91%$485.46
102,800 at 3.92%$486.05
102,800 at 3.93%$486.64
102,800 at 3.94%$487.23
102,800 at 3.95%$487.82
102,800 at 3.96%$488.42
102,800 at 3.97%$489.01
102,800 at 3.98%$489.60
102,800 at 3.99%$490.19
102,800 at 4%$490.78
102,800 at 4.01%$491.38
102,800 at 4.02%$491.97
102,800 at 4.03%$492.56
102,800 at 4.04%$493.16
102,800 at 4.05%$493.75
102,800 at 4.06%$494.35
102,800 at 4.07%$494.94
102,800 at 4.08%$495.54
102,800 at 4.09%$496.13
102,800 at 4.1%$496.73
102,800 at 4.11%$497.32
102,800 at 4.12%$497.92
102,800 at 4.13%$498.52
102,800 at 4.14%$499.12
102,800 at 4.15%$499.71
102,800 at 4.16%$500.31
102,800 at 4.17%$500.91
102,800 at 4.18%$501.51
102,800 at 4.19%$502.11
102,800 at 4.2%$502.71
102,800 at 4.21%$503.31
102,800 at 4.22%$503.91
102,800 at 4.23%$504.51
102,800 at 4.24%$505.11
102,800 at 4.25%$505.71
102,800 at 4.26%$506.32
102,800 at 4.27%$506.92
102,800 at 4.28%$507.52
102,800 at 4.29%$508.12
102,800 at 4.3%$508.73
102,800 at 4.31%$509.33
102,800 at 4.32%$509.94
102,800 at 4.33%$510.54
102,800 at 4.34%$511.15
102,800 at 4.35%$511.75
102,800 at 4.36%$512.36
102,800 at 4.37%$512.96
102,800 at 4.38%$513.57
102,800 at 4.39%$514.18
102,800 at 4.4%$514.78
102,800 at 4.41%$515.39
102,800 at 4.42%$516.00
102,800 at 4.43%$516.61
102,800 at 4.44%$517.21
102,800 at 4.45%$517.82
102,800 at 4.46%$518.43
102,800 at 4.47%$519.04
102,800 at 4.48%$519.65
102,800 at 4.49%$520.26
102,800 at 4.5%$520.87
102,800 at 4.51%$521.48
102,800 at 4.52%$522.09
102,800 at 4.53%$522.71
102,800 at 4.54%$523.32
102,800 at 4.55%$523.93
102,800 at 4.56%$524.54
102,800 at 4.57%$525.16
102,800 at 4.58%$525.77
102,800 at 4.59%$526.38
102,800 at 4.6%$527.00
102,800 at 4.61%$527.61
102,800 at 4.62%$528.23
102,800 at 4.63%$528.84
102,800 at 4.64%$529.46
102,800 at 4.65%$530.07
102,800 at 4.66%$530.69
102,800 at 4.67%$531.31
102,800 at 4.68%$531.92
102,800 at 4.69%$532.54
102,800 at 4.7%$533.16
102,800 at 4.71%$533.78
102,800 at 4.72%$534.40
102,800 at 4.73%$535.01
102,800 at 4.74%$535.63
102,800 at 4.75%$536.25
102,800 at 4.76%$536.87
102,800 at 4.77%$537.49
102,800 at 4.78%$538.11
102,800 at 4.79%$538.73
102,800 at 4.8%$539.36
102,800 at 4.81%$539.98
102,800 at 4.82%$540.60
102,800 at 4.83%$541.22
102,800 at 4.84%$541.84
102,800 at 4.85%$542.47
102,800 at 4.86%$543.09
102,800 at 4.87%$543.71
102,800 at 4.88%$544.34
102,800 at 4.89%$544.96
102,800 at 4.9%$545.59
102,800 at 4.91%$546.21
102,800 at 4.92%$546.84
102,800 at 4.93%$547.46
102,800 at 4.94%$548.09
102,800 at 4.95%$548.72
102,800 at 4.96%$549.34
102,800 at 4.97%$549.97
102,800 at 4.98%$550.60
102,800 at 4.99%$551.22
102,800 at 5%$551.85
Interest Rate 30 Year
102,800 at 5.01%$552.48
102,800 at 5.02%$553.11
102,800 at 5.03%$553.74
102,800 at 5.04%$554.37
102,800 at 5.05%$555.00
102,800 at 5.06%$555.63
102,800 at 5.07%$556.26
102,800 at 5.08%$556.89
102,800 at 5.09%$557.52
102,800 at 5.1%$558.15
102,800 at 5.11%$558.78
102,800 at 5.12%$559.42
102,800 at 5.13%$560.05
102,800 at 5.14%$560.68
102,800 at 5.15%$561.31
102,800 at 5.16%$561.95
102,800 at 5.17%$562.58
102,800 at 5.18%$563.22
102,800 at 5.19%$563.85
102,800 at 5.2%$564.49
102,800 at 5.21%$565.12
102,800 at 5.22%$565.76
102,800 at 5.23%$566.39
102,800 at 5.24%$567.03
102,800 at 5.25%$567.67
102,800 at 5.26%$568.30
102,800 at 5.27%$568.94
102,800 at 5.28%$569.58
102,800 at 5.29%$570.21
102,800 at 5.3%$570.85
102,800 at 5.31%$571.49
102,800 at 5.32%$572.13
102,800 at 5.33%$572.77
102,800 at 5.34%$573.41
102,800 at 5.35%$574.05
102,800 at 5.36%$574.69
102,800 at 5.37%$575.33
102,800 at 5.38%$575.97
102,800 at 5.39%$576.61
102,800 at 5.4%$577.25
102,800 at 5.41%$577.90
102,800 at 5.42%$578.54
102,800 at 5.43%$579.18
102,800 at 5.44%$579.82
102,800 at 5.45%$580.47
102,800 at 5.46%$581.11
102,800 at 5.47%$581.75
102,800 at 5.48%$582.40
102,800 at 5.49%$583.04
102,800 at 5.5%$583.69
102,800 at 5.51%$584.33
102,800 at 5.52%$584.98
102,800 at 5.53%$585.62
102,800 at 5.54%$586.27
102,800 at 5.55%$586.92
102,800 at 5.56%$587.56
102,800 at 5.57%$588.21
102,800 at 5.58%$588.86
102,800 at 5.59%$589.51
102,800 at 5.6%$590.15
102,800 at 5.61%$590.80
102,800 at 5.62%$591.45
102,800 at 5.63%$592.10
102,800 at 5.64%$592.75
102,800 at 5.65%$593.40
102,800 at 5.66%$594.05
102,800 at 5.67%$594.70
102,800 at 5.68%$595.35
102,800 at 5.69%$596.00
102,800 at 5.7%$596.65
102,800 at 5.71%$597.30
102,800 at 5.72%$597.96
102,800 at 5.73%$598.61
102,800 at 5.74%$599.26
102,800 at 5.75%$599.91
102,800 at 5.76%$600.57
102,800 at 5.77%$601.22
102,800 at 5.78%$601.87
102,800 at 5.79%$602.53
102,800 at 5.8%$603.18
102,800 at 5.81%$603.84
102,800 at 5.82%$604.49
102,800 at 5.83%$605.15
102,800 at 5.84%$605.80
102,800 at 5.85%$606.46
102,800 at 5.86%$607.12
102,800 at 5.87%$607.77
102,800 at 5.88%$608.43
102,800 at 5.89%$609.09
102,800 at 5.9%$609.74
102,800 at 5.91%$610.40
102,800 at 5.92%$611.06
102,800 at 5.93%$611.72
102,800 at 5.94%$612.38
102,800 at 5.95%$613.04
102,800 at 5.96%$613.70
102,800 at 5.97%$614.36
102,800 at 5.98%$615.02
102,800 at 5.99%$615.68
102,800 at 6%$616.34
102,800 at 6.01%$617.00
102,800 at 6.02%$617.66
102,800 at 6.03%$618.32
102,800 at 6.04%$618.98
102,800 at 6.05%$619.65
102,800 at 6.06%$620.31
102,800 at 6.07%$620.97
102,800 at 6.08%$621.64
102,800 at 6.09%$622.30
102,800 at 6.1%$622.96
102,800 at 6.11%$623.63
102,800 at 6.12%$624.29
102,800 at 6.13%$624.96
102,800 at 6.14%$625.62
102,800 at 6.15%$626.29
102,800 at 6.16%$626.95
102,800 at 6.17%$627.62
102,800 at 6.18%$628.28
102,800 at 6.19%$628.95
102,800 at 6.2%$629.62
102,800 at 6.21%$630.29
102,800 at 6.22%$630.95
102,800 at 6.23%$631.62
102,800 at 6.24%$632.29
102,800 at 6.25%$632.96
102,800 at 6.26%$633.63
102,800 at 6.27%$634.30
102,800 at 6.28%$634.96
102,800 at 6.29%$635.63
102,800 at 6.3%$636.30
102,800 at 6.31%$636.97
102,800 at 6.32%$637.64
102,800 at 6.33%$638.32
102,800 at 6.34%$638.99
102,800 at 6.35%$639.66
102,800 at 6.36%$640.33
102,800 at 6.37%$641.00
102,800 at 6.38%$641.67
102,800 at 6.39%$642.35
102,800 at 6.4%$643.02
102,800 at 6.41%$643.69
102,800 at 6.42%$644.37
102,800 at 6.43%$645.04
102,800 at 6.44%$645.71
102,800 at 6.45%$646.39
102,800 at 6.46%$647.06
102,800 at 6.47%$647.74
102,800 at 6.48%$648.41
102,800 at 6.49%$649.09
102,800 at 6.5%$649.77
Interest Rate 30 Year
102,800 at 6.51%$650.44
102,800 at 6.52%$651.12
102,800 at 6.53%$651.80
102,800 at 6.54%$652.47
102,800 at 6.55%$653.15
102,800 at 6.56%$653.83
102,800 at 6.57%$654.51
102,800 at 6.58%$655.18
102,800 at 6.59%$655.86
102,800 at 6.6%$656.54
102,800 at 6.61%$657.22
102,800 at 6.62%$657.90
102,800 at 6.63%$658.58
102,800 at 6.64%$659.26
102,800 at 6.65%$659.94
102,800 at 6.66%$660.62
102,800 at 6.67%$661.30
102,800 at 6.68%$661.98
102,800 at 6.69%$662.66
102,800 at 6.7%$663.35
102,800 at 6.71%$664.03
102,800 at 6.72%$664.71
102,800 at 6.73%$665.39
102,800 at 6.74%$666.08
102,800 at 6.75%$666.76
102,800 at 6.76%$667.44
102,800 at 6.77%$668.13
102,800 at 6.78%$668.81
102,800 at 6.79%$669.49
102,800 at 6.8%$670.18
102,800 at 6.81%$670.86
102,800 at 6.82%$671.55
102,800 at 6.83%$672.23
102,800 at 6.84%$672.92
102,800 at 6.85%$673.61
102,800 at 6.86%$674.29
102,800 at 6.87%$674.98
102,800 at 6.88%$675.67
102,800 at 6.89%$676.35
102,800 at 6.9%$677.04
102,800 at 6.91%$677.73
102,800 at 6.92%$678.42
102,800 at 6.93%$679.11
102,800 at 6.94%$679.79
102,800 at 6.95%$680.48
102,800 at 6.96%$681.17
102,800 at 6.97%$681.86
102,800 at 6.98%$682.55
102,800 at 6.99%$683.24
102,800 at 7%$683.93
102,800 at 7.01%$684.62
102,800 at 7.02%$685.31
102,800 at 7.03%$686.00
102,800 at 7.04%$686.69
102,800 at 7.05%$687.39
102,800 at 7.06%$688.08
102,800 at 7.07%$688.77
102,800 at 7.08%$689.46
102,800 at 7.09%$690.16
102,800 at 7.1%$690.85
102,800 at 7.11%$691.54
102,800 at 7.12%$692.24
102,800 at 7.13%$692.93
102,800 at 7.14%$693.62
102,800 at 7.15%$694.32
102,800 at 7.16%$695.01
102,800 at 7.17%$695.71
102,800 at 7.18%$696.40
102,800 at 7.19%$697.10
102,800 at 7.2%$697.79
102,800 at 7.21%$698.49
102,800 at 7.22%$699.19
102,800 at 7.23%$699.88
102,800 at 7.24%$700.58
102,800 at 7.25%$701.28
102,800 at 7.26%$701.97
102,800 at 7.27%$702.67
102,800 at 7.28%$703.37
102,800 at 7.29%$704.07
102,800 at 7.3%$704.77
102,800 at 7.31%$705.47
102,800 at 7.32%$706.16
102,800 at 7.33%$706.86
102,800 at 7.34%$707.56
102,800 at 7.35%$708.26
102,800 at 7.36%$708.96
102,800 at 7.37%$709.66
102,800 at 7.38%$710.36
102,800 at 7.39%$711.07
102,800 at 7.4%$711.77
102,800 at 7.41%$712.47
102,800 at 7.42%$713.17
102,800 at 7.43%$713.87
102,800 at 7.44%$714.57
102,800 at 7.45%$715.28
102,800 at 7.46%$715.98
102,800 at 7.47%$716.68
102,800 at 7.48%$717.39
102,800 at 7.49%$718.09
102,800 at 7.5%$718.79
102,800 at 7.51%$719.50
102,800 at 7.52%$720.20
102,800 at 7.53%$720.91
102,800 at 7.54%$721.61
102,800 at 7.55%$722.32
102,800 at 7.56%$723.02
102,800 at 7.57%$723.73
102,800 at 7.58%$724.43
102,800 at 7.59%$725.14
102,800 at 7.6%$725.84
102,800 at 7.61%$726.55
102,800 at 7.62%$727.26
102,800 at 7.63%$727.97
102,800 at 7.64%$728.67
102,800 at 7.65%$729.38
102,800 at 7.66%$730.09
102,800 at 7.67%$730.80
102,800 at 7.68%$731.51
102,800 at 7.69%$732.21
102,800 at 7.7%$732.92
102,800 at 7.71%$733.63
102,800 at 7.72%$734.34
102,800 at 7.73%$735.05
102,800 at 7.74%$735.76
102,800 at 7.75%$736.47
102,800 at 7.76%$737.18
102,800 at 7.77%$737.89
102,800 at 7.78%$738.60
102,800 at 7.79%$739.32
102,800 at 7.8%$740.03
102,800 at 7.81%$740.74
102,800 at 7.82%$741.45
102,800 at 7.83%$742.16
102,800 at 7.84%$742.88
102,800 at 7.85%$743.59
102,800 at 7.86%$744.30
102,800 at 7.87%$745.01
102,800 at 7.88%$745.73
102,800 at 7.89%$746.44
102,800 at 7.9%$747.16
102,800 at 7.91%$747.87
102,800 at 7.92%$748.58
102,800 at 7.93%$749.30
102,800 at 7.94%$750.01
102,800 at 7.95%$750.73
102,800 at 7.96%$751.45
102,800 at 7.97%$752.16
102,800 at 7.98%$752.88
102,800 at 7.99%$753.59
102,800 at 8%$754.31
More Amounts
What is the down payment for a $102,800 house? How much do you need to put down?
Percent Down Down Payment
1%1,028
2%2,056
3%3,084
4%4,112
5%5,140
6%6,168
7%7,196
8%8,224
9%9,252
10%10,280
11%11,308
12%12,336
13%13,364
14%14,392
15%15,420
16%16,448
17%17,476
18%18,504
19%19,532
20%20,560
Percent Down Down Payment
21%21,588
22%22,616
23%23,644
24%24,672
25%25,700
26%26,728
27%27,756
28%28,784
29%29,812
30%30,840
31%31,868
32%32,896
33%33,924
34%34,952
35%35,980
36%37,008
37%38,036
38%39,064
39%40,092
40%41,120
Percent Down Down Payment
41%42,148
42%43,176
43%44,204
44%45,232
45%46,260
46%47,288
47%48,316
48%49,344
49%50,372
50%51,400
51%52,428
52%53,456
53%54,484
54%55,512
55%56,540
56%57,568
57%58,596
58%59,624
59%60,652
60%61,680
Percent Down Down Payment
61%62,708
62%63,736
63%64,764
64%65,792
65%66,820
66%67,848
67%68,876
68%69,904
69%70,932
70%71,960
71%72,988
72%74,016
73%75,044
74%76,072
75%77,100
76%78,128
77%79,156
78%80,184
79%81,212
80%82,240
Percent Down Down Payment
81%83,268
82%84,296
83%85,324
84%86,352
85%87,380
86%88,408
87%89,436
88%90,464
89%91,492
90%92,520
91%93,548
92%94,576
93%95,604
94%96,632
95%97,660
96%98,688
97%99,716
98%100,744
99%101,772
100%102,800
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.