$103,450 Mortgage for 30 Years

What is the monthly payment of a 103,450 dollar loan?
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Loan Tables for a $103,450 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 $103,450 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
103,450 at 2.01%$382.89
103,450 at 2.02%$383.41
103,450 at 2.03%$383.93
103,450 at 2.04%$384.44
103,450 at 2.05%$384.96
103,450 at 2.06%$385.48
103,450 at 2.07%$386.00
103,450 at 2.08%$386.52
103,450 at 2.09%$387.04
103,450 at 2.1%$387.57
103,450 at 2.11%$388.09
103,450 at 2.12%$388.61
103,450 at 2.13%$389.13
103,450 at 2.14%$389.65
103,450 at 2.15%$390.18
103,450 at 2.16%$390.70
103,450 at 2.17%$391.23
103,450 at 2.18%$391.75
103,450 at 2.19%$392.28
103,450 at 2.2%$392.80
103,450 at 2.21%$393.33
103,450 at 2.22%$393.85
103,450 at 2.23%$394.38
103,450 at 2.24%$394.91
103,450 at 2.25%$395.43
103,450 at 2.26%$395.96
103,450 at 2.27%$396.49
103,450 at 2.28%$397.02
103,450 at 2.29%$397.55
103,450 at 2.3%$398.08
103,450 at 2.31%$398.61
103,450 at 2.32%$399.14
103,450 at 2.33%$399.67
103,450 at 2.34%$400.20
103,450 at 2.35%$400.73
103,450 at 2.36%$401.26
103,450 at 2.37%$401.79
103,450 at 2.38%$402.33
103,450 at 2.39%$402.86
103,450 at 2.4%$403.39
103,450 at 2.41%$403.93
103,450 at 2.42%$404.46
103,450 at 2.43%$405.00
103,450 at 2.44%$405.53
103,450 at 2.45%$406.07
103,450 at 2.46%$406.60
103,450 at 2.47%$407.14
103,450 at 2.48%$407.68
103,450 at 2.49%$408.21
103,450 at 2.5%$408.75
103,450 at 2.51%$409.29
103,450 at 2.52%$409.83
103,450 at 2.53%$410.37
103,450 at 2.54%$410.91
103,450 at 2.55%$411.45
103,450 at 2.56%$411.99
103,450 at 2.57%$412.53
103,450 at 2.58%$413.07
103,450 at 2.59%$413.61
103,450 at 2.6%$414.15
103,450 at 2.61%$414.69
103,450 at 2.62%$415.24
103,450 at 2.63%$415.78
103,450 at 2.64%$416.32
103,450 at 2.65%$416.87
103,450 at 2.66%$417.41
103,450 at 2.67%$417.95
103,450 at 2.68%$418.50
103,450 at 2.69%$419.04
103,450 at 2.7%$419.59
103,450 at 2.71%$420.14
103,450 at 2.72%$420.68
103,450 at 2.73%$421.23
103,450 at 2.74%$421.78
103,450 at 2.75%$422.33
103,450 at 2.76%$422.87
103,450 at 2.77%$423.42
103,450 at 2.78%$423.97
103,450 at 2.79%$424.52
103,450 at 2.8%$425.07
103,450 at 2.81%$425.62
103,450 at 2.82%$426.17
103,450 at 2.83%$426.72
103,450 at 2.84%$427.27
103,450 at 2.85%$427.83
103,450 at 2.86%$428.38
103,450 at 2.87%$428.93
103,450 at 2.88%$429.48
103,450 at 2.89%$430.04
103,450 at 2.9%$430.59
103,450 at 2.91%$431.14
103,450 at 2.92%$431.70
103,450 at 2.93%$432.25
103,450 at 2.94%$432.81
103,450 at 2.95%$433.36
103,450 at 2.96%$433.92
103,450 at 2.97%$434.48
103,450 at 2.98%$435.03
103,450 at 2.99%$435.59
103,450 at 3%$436.15
103,450 at 3.01%$436.71
103,450 at 3.02%$437.27
103,450 at 3.03%$437.82
103,450 at 3.04%$438.38
103,450 at 3.05%$438.94
103,450 at 3.06%$439.50
103,450 at 3.07%$440.06
103,450 at 3.08%$440.63
103,450 at 3.09%$441.19
103,450 at 3.1%$441.75
103,450 at 3.11%$442.31
103,450 at 3.12%$442.87
103,450 at 3.13%$443.44
103,450 at 3.14%$444.00
103,450 at 3.15%$444.56
103,450 at 3.16%$445.13
103,450 at 3.17%$445.69
103,450 at 3.18%$446.26
103,450 at 3.19%$446.82
103,450 at 3.2%$447.39
103,450 at 3.21%$447.95
103,450 at 3.22%$448.52
103,450 at 3.23%$449.09
103,450 at 3.24%$449.65
103,450 at 3.25%$450.22
103,450 at 3.26%$450.79
103,450 at 3.27%$451.36
103,450 at 3.28%$451.93
103,450 at 3.29%$452.50
103,450 at 3.3%$453.06
103,450 at 3.31%$453.63
103,450 at 3.32%$454.20
103,450 at 3.33%$454.78
103,450 at 3.34%$455.35
103,450 at 3.35%$455.92
103,450 at 3.36%$456.49
103,450 at 3.37%$457.06
103,450 at 3.38%$457.63
103,450 at 3.39%$458.21
103,450 at 3.4%$458.78
103,450 at 3.41%$459.36
103,450 at 3.42%$459.93
103,450 at 3.43%$460.50
103,450 at 3.44%$461.08
103,450 at 3.45%$461.65
103,450 at 3.46%$462.23
103,450 at 3.47%$462.81
103,450 at 3.48%$463.38
103,450 at 3.49%$463.96
103,450 at 3.5%$464.54
Interest Rate 30 Year
103,450 at 3.51%$465.11
103,450 at 3.52%$465.69
103,450 at 3.53%$466.27
103,450 at 3.54%$466.85
103,450 at 3.55%$467.43
103,450 at 3.56%$468.01
103,450 at 3.57%$468.59
103,450 at 3.58%$469.17
103,450 at 3.59%$469.75
103,450 at 3.6%$470.33
103,450 at 3.61%$470.91
103,450 at 3.62%$471.49
103,450 at 3.63%$472.08
103,450 at 3.64%$472.66
103,450 at 3.65%$473.24
103,450 at 3.66%$473.83
103,450 at 3.67%$474.41
103,450 at 3.68%$474.99
103,450 at 3.69%$475.58
103,450 at 3.7%$476.16
103,450 at 3.71%$476.75
103,450 at 3.72%$477.33
103,450 at 3.73%$477.92
103,450 at 3.74%$478.51
103,450 at 3.75%$479.09
103,450 at 3.76%$479.68
103,450 at 3.77%$480.27
103,450 at 3.78%$480.86
103,450 at 3.79%$481.44
103,450 at 3.8%$482.03
103,450 at 3.81%$482.62
103,450 at 3.82%$483.21
103,450 at 3.83%$483.80
103,450 at 3.84%$484.39
103,450 at 3.85%$484.98
103,450 at 3.86%$485.57
103,450 at 3.87%$486.16
103,450 at 3.88%$486.76
103,450 at 3.89%$487.35
103,450 at 3.9%$487.94
103,450 at 3.91%$488.53
103,450 at 3.92%$489.13
103,450 at 3.93%$489.72
103,450 at 3.94%$490.31
103,450 at 3.95%$490.91
103,450 at 3.96%$491.50
103,450 at 3.97%$492.10
103,450 at 3.98%$492.69
103,450 at 3.99%$493.29
103,450 at 4%$493.89
103,450 at 4.01%$494.48
103,450 at 4.02%$495.08
103,450 at 4.03%$495.68
103,450 at 4.04%$496.27
103,450 at 4.05%$496.87
103,450 at 4.06%$497.47
103,450 at 4.07%$498.07
103,450 at 4.08%$498.67
103,450 at 4.09%$499.27
103,450 at 4.1%$499.87
103,450 at 4.11%$500.47
103,450 at 4.12%$501.07
103,450 at 4.13%$501.67
103,450 at 4.14%$502.27
103,450 at 4.15%$502.87
103,450 at 4.16%$503.48
103,450 at 4.17%$504.08
103,450 at 4.18%$504.68
103,450 at 4.19%$505.28
103,450 at 4.2%$505.89
103,450 at 4.21%$506.49
103,450 at 4.22%$507.10
103,450 at 4.23%$507.70
103,450 at 4.24%$508.31
103,450 at 4.25%$508.91
103,450 at 4.26%$509.52
103,450 at 4.27%$510.12
103,450 at 4.28%$510.73
103,450 at 4.29%$511.34
103,450 at 4.3%$511.94
103,450 at 4.31%$512.55
103,450 at 4.32%$513.16
103,450 at 4.33%$513.77
103,450 at 4.34%$514.38
103,450 at 4.35%$514.99
103,450 at 4.36%$515.60
103,450 at 4.37%$516.21
103,450 at 4.38%$516.82
103,450 at 4.39%$517.43
103,450 at 4.4%$518.04
103,450 at 4.41%$518.65
103,450 at 4.42%$519.26
103,450 at 4.43%$519.87
103,450 at 4.44%$520.48
103,450 at 4.45%$521.10
103,450 at 4.46%$521.71
103,450 at 4.47%$522.32
103,450 at 4.48%$522.94
103,450 at 4.49%$523.55
103,450 at 4.5%$524.17
103,450 at 4.51%$524.78
103,450 at 4.52%$525.40
103,450 at 4.53%$526.01
103,450 at 4.54%$526.63
103,450 at 4.55%$527.24
103,450 at 4.56%$527.86
103,450 at 4.57%$528.48
103,450 at 4.58%$529.09
103,450 at 4.59%$529.71
103,450 at 4.6%$530.33
103,450 at 4.61%$530.95
103,450 at 4.62%$531.57
103,450 at 4.63%$532.19
103,450 at 4.64%$532.81
103,450 at 4.65%$533.43
103,450 at 4.66%$534.05
103,450 at 4.67%$534.67
103,450 at 4.68%$535.29
103,450 at 4.69%$535.91
103,450 at 4.7%$536.53
103,450 at 4.71%$537.15
103,450 at 4.72%$537.78
103,450 at 4.73%$538.40
103,450 at 4.74%$539.02
103,450 at 4.75%$539.64
103,450 at 4.76%$540.27
103,450 at 4.77%$540.89
103,450 at 4.78%$541.52
103,450 at 4.79%$542.14
103,450 at 4.8%$542.77
103,450 at 4.81%$543.39
103,450 at 4.82%$544.02
103,450 at 4.83%$544.64
103,450 at 4.84%$545.27
103,450 at 4.85%$545.90
103,450 at 4.86%$546.52
103,450 at 4.87%$547.15
103,450 at 4.88%$547.78
103,450 at 4.89%$548.41
103,450 at 4.9%$549.04
103,450 at 4.91%$549.67
103,450 at 4.92%$550.30
103,450 at 4.93%$550.92
103,450 at 4.94%$551.55
103,450 at 4.95%$552.19
103,450 at 4.96%$552.82
103,450 at 4.97%$553.45
103,450 at 4.98%$554.08
103,450 at 4.99%$554.71
103,450 at 5%$555.34
Interest Rate 30 Year
103,450 at 5.01%$555.97
103,450 at 5.02%$556.61
103,450 at 5.03%$557.24
103,450 at 5.04%$557.87
103,450 at 5.05%$558.51
103,450 at 5.06%$559.14
103,450 at 5.07%$559.78
103,450 at 5.08%$560.41
103,450 at 5.09%$561.05
103,450 at 5.1%$561.68
103,450 at 5.11%$562.32
103,450 at 5.12%$562.95
103,450 at 5.13%$563.59
103,450 at 5.14%$564.23
103,450 at 5.15%$564.86
103,450 at 5.16%$565.50
103,450 at 5.17%$566.14
103,450 at 5.18%$566.78
103,450 at 5.19%$567.42
103,450 at 5.2%$568.06
103,450 at 5.21%$568.69
103,450 at 5.22%$569.33
103,450 at 5.23%$569.97
103,450 at 5.24%$570.61
103,450 at 5.25%$571.25
103,450 at 5.26%$571.90
103,450 at 5.27%$572.54
103,450 at 5.28%$573.18
103,450 at 5.29%$573.82
103,450 at 5.3%$574.46
103,450 at 5.31%$575.11
103,450 at 5.32%$575.75
103,450 at 5.33%$576.39
103,450 at 5.34%$577.04
103,450 at 5.35%$577.68
103,450 at 5.36%$578.32
103,450 at 5.37%$578.97
103,450 at 5.38%$579.61
103,450 at 5.39%$580.26
103,450 at 5.4%$580.90
103,450 at 5.41%$581.55
103,450 at 5.42%$582.20
103,450 at 5.43%$582.84
103,450 at 5.44%$583.49
103,450 at 5.45%$584.14
103,450 at 5.46%$584.78
103,450 at 5.47%$585.43
103,450 at 5.48%$586.08
103,450 at 5.49%$586.73
103,450 at 5.5%$587.38
103,450 at 5.51%$588.03
103,450 at 5.52%$588.68
103,450 at 5.53%$589.33
103,450 at 5.54%$589.98
103,450 at 5.55%$590.63
103,450 at 5.56%$591.28
103,450 at 5.57%$591.93
103,450 at 5.58%$592.58
103,450 at 5.59%$593.23
103,450 at 5.6%$593.88
103,450 at 5.61%$594.54
103,450 at 5.62%$595.19
103,450 at 5.63%$595.84
103,450 at 5.64%$596.50
103,450 at 5.65%$597.15
103,450 at 5.66%$597.80
103,450 at 5.67%$598.46
103,450 at 5.68%$599.11
103,450 at 5.69%$599.77
103,450 at 5.7%$600.42
103,450 at 5.71%$601.08
103,450 at 5.72%$601.74
103,450 at 5.73%$602.39
103,450 at 5.74%$603.05
103,450 at 5.75%$603.71
103,450 at 5.76%$604.36
103,450 at 5.77%$605.02
103,450 at 5.78%$605.68
103,450 at 5.79%$606.34
103,450 at 5.8%$607.00
103,450 at 5.81%$607.65
103,450 at 5.82%$608.31
103,450 at 5.83%$608.97
103,450 at 5.84%$609.63
103,450 at 5.85%$610.29
103,450 at 5.86%$610.95
103,450 at 5.87%$611.62
103,450 at 5.88%$612.28
103,450 at 5.89%$612.94
103,450 at 5.9%$613.60
103,450 at 5.91%$614.26
103,450 at 5.92%$614.92
103,450 at 5.93%$615.59
103,450 at 5.94%$616.25
103,450 at 5.95%$616.91
103,450 at 5.96%$617.58
103,450 at 5.97%$618.24
103,450 at 5.98%$618.91
103,450 at 5.99%$619.57
103,450 at 6%$620.24
103,450 at 6.01%$620.90
103,450 at 6.02%$621.57
103,450 at 6.03%$622.23
103,450 at 6.04%$622.90
103,450 at 6.05%$623.56
103,450 at 6.06%$624.23
103,450 at 6.07%$624.90
103,450 at 6.08%$625.57
103,450 at 6.09%$626.23
103,450 at 6.1%$626.90
103,450 at 6.11%$627.57
103,450 at 6.12%$628.24
103,450 at 6.13%$628.91
103,450 at 6.14%$629.58
103,450 at 6.15%$630.25
103,450 at 6.16%$630.92
103,450 at 6.17%$631.59
103,450 at 6.18%$632.26
103,450 at 6.19%$632.93
103,450 at 6.2%$633.60
103,450 at 6.21%$634.27
103,450 at 6.22%$634.94
103,450 at 6.23%$635.61
103,450 at 6.24%$636.29
103,450 at 6.25%$636.96
103,450 at 6.26%$637.63
103,450 at 6.27%$638.31
103,450 at 6.28%$638.98
103,450 at 6.29%$639.65
103,450 at 6.3%$640.33
103,450 at 6.31%$641.00
103,450 at 6.32%$641.68
103,450 at 6.33%$642.35
103,450 at 6.34%$643.03
103,450 at 6.35%$643.70
103,450 at 6.36%$644.38
103,450 at 6.37%$645.06
103,450 at 6.38%$645.73
103,450 at 6.39%$646.41
103,450 at 6.4%$647.09
103,450 at 6.41%$647.76
103,450 at 6.42%$648.44
103,450 at 6.43%$649.12
103,450 at 6.44%$649.80
103,450 at 6.45%$650.48
103,450 at 6.46%$651.16
103,450 at 6.47%$651.83
103,450 at 6.48%$652.51
103,450 at 6.49%$653.19
103,450 at 6.5%$653.87
Interest Rate 30 Year
103,450 at 6.51%$654.55
103,450 at 6.52%$655.24
103,450 at 6.53%$655.92
103,450 at 6.54%$656.60
103,450 at 6.55%$657.28
103,450 at 6.56%$657.96
103,450 at 6.57%$658.64
103,450 at 6.58%$659.33
103,450 at 6.59%$660.01
103,450 at 6.6%$660.69
103,450 at 6.61%$661.38
103,450 at 6.62%$662.06
103,450 at 6.63%$662.74
103,450 at 6.64%$663.43
103,450 at 6.65%$664.11
103,450 at 6.66%$664.80
103,450 at 6.67%$665.48
103,450 at 6.68%$666.17
103,450 at 6.69%$666.85
103,450 at 6.7%$667.54
103,450 at 6.71%$668.23
103,450 at 6.72%$668.91
103,450 at 6.73%$669.60
103,450 at 6.74%$670.29
103,450 at 6.75%$670.97
103,450 at 6.76%$671.66
103,450 at 6.77%$672.35
103,450 at 6.78%$673.04
103,450 at 6.79%$673.73
103,450 at 6.8%$674.42
103,450 at 6.81%$675.11
103,450 at 6.82%$675.80
103,450 at 6.83%$676.49
103,450 at 6.84%$677.18
103,450 at 6.85%$677.87
103,450 at 6.86%$678.56
103,450 at 6.87%$679.25
103,450 at 6.88%$679.94
103,450 at 6.89%$680.63
103,450 at 6.9%$681.32
103,450 at 6.91%$682.01
103,450 at 6.92%$682.71
103,450 at 6.93%$683.40
103,450 at 6.94%$684.09
103,450 at 6.95%$684.79
103,450 at 6.96%$685.48
103,450 at 6.97%$686.17
103,450 at 6.98%$686.87
103,450 at 6.99%$687.56
103,450 at 7%$688.26
103,450 at 7.01%$688.95
103,450 at 7.02%$689.65
103,450 at 7.03%$690.34
103,450 at 7.04%$691.04
103,450 at 7.05%$691.73
103,450 at 7.06%$692.43
103,450 at 7.07%$693.13
103,450 at 7.08%$693.82
103,450 at 7.09%$694.52
103,450 at 7.1%$695.22
103,450 at 7.11%$695.91
103,450 at 7.12%$696.61
103,450 at 7.13%$697.31
103,450 at 7.14%$698.01
103,450 at 7.15%$698.71
103,450 at 7.16%$699.41
103,450 at 7.17%$700.11
103,450 at 7.18%$700.81
103,450 at 7.19%$701.51
103,450 at 7.2%$702.21
103,450 at 7.21%$702.91
103,450 at 7.22%$703.61
103,450 at 7.23%$704.31
103,450 at 7.24%$705.01
103,450 at 7.25%$705.71
103,450 at 7.26%$706.41
103,450 at 7.27%$707.12
103,450 at 7.28%$707.82
103,450 at 7.29%$708.52
103,450 at 7.3%$709.22
103,450 at 7.31%$709.93
103,450 at 7.32%$710.63
103,450 at 7.33%$711.33
103,450 at 7.34%$712.04
103,450 at 7.35%$712.74
103,450 at 7.36%$713.45
103,450 at 7.37%$714.15
103,450 at 7.38%$714.86
103,450 at 7.39%$715.56
103,450 at 7.4%$716.27
103,450 at 7.41%$716.97
103,450 at 7.42%$717.68
103,450 at 7.43%$718.39
103,450 at 7.44%$719.09
103,450 at 7.45%$719.80
103,450 at 7.46%$720.51
103,450 at 7.47%$721.21
103,450 at 7.48%$721.92
103,450 at 7.49%$722.63
103,450 at 7.5%$723.34
103,450 at 7.51%$724.05
103,450 at 7.52%$724.75
103,450 at 7.53%$725.46
103,450 at 7.54%$726.17
103,450 at 7.55%$726.88
103,450 at 7.56%$727.59
103,450 at 7.57%$728.30
103,450 at 7.58%$729.01
103,450 at 7.59%$729.72
103,450 at 7.6%$730.43
103,450 at 7.61%$731.15
103,450 at 7.62%$731.86
103,450 at 7.63%$732.57
103,450 at 7.64%$733.28
103,450 at 7.65%$733.99
103,450 at 7.66%$734.70
103,450 at 7.67%$735.42
103,450 at 7.68%$736.13
103,450 at 7.69%$736.84
103,450 at 7.7%$737.56
103,450 at 7.71%$738.27
103,450 at 7.72%$738.98
103,450 at 7.73%$739.70
103,450 at 7.74%$740.41
103,450 at 7.75%$741.13
103,450 at 7.76%$741.84
103,450 at 7.77%$742.56
103,450 at 7.78%$743.27
103,450 at 7.79%$743.99
103,450 at 7.8%$744.71
103,450 at 7.81%$745.42
103,450 at 7.82%$746.14
103,450 at 7.83%$746.86
103,450 at 7.84%$747.57
103,450 at 7.85%$748.29
103,450 at 7.86%$749.01
103,450 at 7.87%$749.73
103,450 at 7.88%$750.44
103,450 at 7.89%$751.16
103,450 at 7.9%$751.88
103,450 at 7.91%$752.60
103,450 at 7.92%$753.32
103,450 at 7.93%$754.04
103,450 at 7.94%$754.76
103,450 at 7.95%$755.48
103,450 at 7.96%$756.20
103,450 at 7.97%$756.92
103,450 at 7.98%$757.64
103,450 at 7.99%$758.36
103,450 at 8%$759.08
More Amounts
What is the down payment for a $103,450 house? How much do you need to put down?
Percent Down Down Payment
1%1,035
2%2,069
3%3,104
4%4,138
5%5,173
6%6,207
7%7,242
8%8,276
9%9,311
10%10,345
11%11,380
12%12,414
13%13,449
14%14,483
15%15,518
16%16,552
17%17,587
18%18,621
19%19,656
20%20,690
Percent Down Down Payment
21%21,725
22%22,759
23%23,794
24%24,828
25%25,863
26%26,897
27%27,932
28%28,966
29%30,001
30%31,035
31%32,070
32%33,104
33%34,139
34%35,173
35%36,208
36%37,242
37%38,277
38%39,311
39%40,346
40%41,380
Percent Down Down Payment
41%42,415
42%43,449
43%44,484
44%45,518
45%46,553
46%47,587
47%48,622
48%49,656
49%50,691
50%51,725
51%52,760
52%53,794
53%54,829
54%55,863
55%56,898
56%57,932
57%58,967
58%60,001
59%61,036
60%62,070
Percent Down Down Payment
61%63,105
62%64,139
63%65,174
64%66,208
65%67,243
66%68,277
67%69,312
68%70,346
69%71,381
70%72,415
71%73,450
72%74,484
73%75,519
74%76,553
75%77,588
76%78,622
77%79,657
78%80,691
79%81,726
80%82,760
Percent Down Down Payment
81%83,795
82%84,829
83%85,864
84%86,898
85%87,933
86%88,967
87%90,002
88%91,036
89%92,071
90%93,105
91%94,140
92%95,174
93%96,209
94%97,243
95%98,278
96%99,312
97%100,347
98%101,381
99%102,416
100%103,450
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.