$104,400 Mortgage for 30 Years

What is the monthly payment of a 104,400 dollar loan?
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Loan Tables for a $104,400 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 104k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $104,400 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
104,400 at 2.01%$386.41
104,400 at 2.02%$386.93
104,400 at 2.03%$387.45
104,400 at 2.04%$387.97
104,400 at 2.05%$388.50
104,400 at 2.06%$389.02
104,400 at 2.07%$389.55
104,400 at 2.08%$390.07
104,400 at 2.09%$390.60
104,400 at 2.1%$391.12
104,400 at 2.11%$391.65
104,400 at 2.12%$392.18
104,400 at 2.13%$392.70
104,400 at 2.14%$393.23
104,400 at 2.15%$393.76
104,400 at 2.16%$394.29
104,400 at 2.17%$394.82
104,400 at 2.18%$395.35
104,400 at 2.19%$395.88
104,400 at 2.2%$396.41
104,400 at 2.21%$396.94
104,400 at 2.22%$397.47
104,400 at 2.23%$398.00
104,400 at 2.24%$398.53
104,400 at 2.25%$399.06
104,400 at 2.26%$399.60
104,400 at 2.27%$400.13
104,400 at 2.28%$400.66
104,400 at 2.29%$401.20
104,400 at 2.3%$401.73
104,400 at 2.31%$402.27
104,400 at 2.32%$402.80
104,400 at 2.33%$403.34
104,400 at 2.34%$403.87
104,400 at 2.35%$404.41
104,400 at 2.36%$404.95
104,400 at 2.37%$405.48
104,400 at 2.38%$406.02
104,400 at 2.39%$406.56
104,400 at 2.4%$407.10
104,400 at 2.41%$407.64
104,400 at 2.42%$408.18
104,400 at 2.43%$408.72
104,400 at 2.44%$409.26
104,400 at 2.45%$409.80
104,400 at 2.46%$410.34
104,400 at 2.47%$410.88
104,400 at 2.48%$411.42
104,400 at 2.49%$411.96
104,400 at 2.5%$412.51
104,400 at 2.51%$413.05
104,400 at 2.52%$413.59
104,400 at 2.53%$414.14
104,400 at 2.54%$414.68
104,400 at 2.55%$415.23
104,400 at 2.56%$415.77
104,400 at 2.57%$416.32
104,400 at 2.58%$416.86
104,400 at 2.59%$417.41
104,400 at 2.6%$417.95
104,400 at 2.61%$418.50
104,400 at 2.62%$419.05
104,400 at 2.63%$419.60
104,400 at 2.64%$420.15
104,400 at 2.65%$420.69
104,400 at 2.66%$421.24
104,400 at 2.67%$421.79
104,400 at 2.68%$422.34
104,400 at 2.69%$422.89
104,400 at 2.7%$423.44
104,400 at 2.71%$424.00
104,400 at 2.72%$424.55
104,400 at 2.73%$425.10
104,400 at 2.74%$425.65
104,400 at 2.75%$426.20
104,400 at 2.76%$426.76
104,400 at 2.77%$427.31
104,400 at 2.78%$427.86
104,400 at 2.79%$428.42
104,400 at 2.8%$428.97
104,400 at 2.81%$429.53
104,400 at 2.82%$430.08
104,400 at 2.83%$430.64
104,400 at 2.84%$431.20
104,400 at 2.85%$431.75
104,400 at 2.86%$432.31
104,400 at 2.87%$432.87
104,400 at 2.88%$433.43
104,400 at 2.89%$433.99
104,400 at 2.9%$434.54
104,400 at 2.91%$435.10
104,400 at 2.92%$435.66
104,400 at 2.93%$436.22
104,400 at 2.94%$436.78
104,400 at 2.95%$437.34
104,400 at 2.96%$437.91
104,400 at 2.97%$438.47
104,400 at 2.98%$439.03
104,400 at 2.99%$439.59
104,400 at 3%$440.15
104,400 at 3.01%$440.72
104,400 at 3.02%$441.28
104,400 at 3.03%$441.85
104,400 at 3.04%$442.41
104,400 at 3.05%$442.97
104,400 at 3.06%$443.54
104,400 at 3.07%$444.11
104,400 at 3.08%$444.67
104,400 at 3.09%$445.24
104,400 at 3.1%$445.81
104,400 at 3.11%$446.37
104,400 at 3.12%$446.94
104,400 at 3.13%$447.51
104,400 at 3.14%$448.08
104,400 at 3.15%$448.65
104,400 at 3.16%$449.21
104,400 at 3.17%$449.78
104,400 at 3.18%$450.35
104,400 at 3.19%$450.92
104,400 at 3.2%$451.50
104,400 at 3.21%$452.07
104,400 at 3.22%$452.64
104,400 at 3.23%$453.21
104,400 at 3.24%$453.78
104,400 at 3.25%$454.36
104,400 at 3.26%$454.93
104,400 at 3.27%$455.50
104,400 at 3.28%$456.08
104,400 at 3.29%$456.65
104,400 at 3.3%$457.23
104,400 at 3.31%$457.80
104,400 at 3.32%$458.38
104,400 at 3.33%$458.95
104,400 at 3.34%$459.53
104,400 at 3.35%$460.10
104,400 at 3.36%$460.68
104,400 at 3.37%$461.26
104,400 at 3.38%$461.84
104,400 at 3.39%$462.42
104,400 at 3.4%$462.99
104,400 at 3.41%$463.57
104,400 at 3.42%$464.15
104,400 at 3.43%$464.73
104,400 at 3.44%$465.31
104,400 at 3.45%$465.89
104,400 at 3.46%$466.47
104,400 at 3.47%$467.06
104,400 at 3.48%$467.64
104,400 at 3.49%$468.22
104,400 at 3.5%$468.80
Interest Rate 30 Year
104,400 at 3.51%$469.39
104,400 at 3.52%$469.97
104,400 at 3.53%$470.55
104,400 at 3.54%$471.14
104,400 at 3.55%$471.72
104,400 at 3.56%$472.31
104,400 at 3.57%$472.89
104,400 at 3.58%$473.48
104,400 at 3.59%$474.06
104,400 at 3.6%$474.65
104,400 at 3.61%$475.24
104,400 at 3.62%$475.82
104,400 at 3.63%$476.41
104,400 at 3.64%$477.00
104,400 at 3.65%$477.59
104,400 at 3.66%$478.18
104,400 at 3.67%$478.77
104,400 at 3.68%$479.36
104,400 at 3.69%$479.95
104,400 at 3.7%$480.54
104,400 at 3.71%$481.13
104,400 at 3.72%$481.72
104,400 at 3.73%$482.31
104,400 at 3.74%$482.90
104,400 at 3.75%$483.49
104,400 at 3.76%$484.09
104,400 at 3.77%$484.68
104,400 at 3.78%$485.27
104,400 at 3.79%$485.87
104,400 at 3.8%$486.46
104,400 at 3.81%$487.05
104,400 at 3.82%$487.65
104,400 at 3.83%$488.24
104,400 at 3.84%$488.84
104,400 at 3.85%$489.44
104,400 at 3.86%$490.03
104,400 at 3.87%$490.63
104,400 at 3.88%$491.23
104,400 at 3.89%$491.82
104,400 at 3.9%$492.42
104,400 at 3.91%$493.02
104,400 at 3.92%$493.62
104,400 at 3.93%$494.22
104,400 at 3.94%$494.82
104,400 at 3.95%$495.42
104,400 at 3.96%$496.02
104,400 at 3.97%$496.62
104,400 at 3.98%$497.22
104,400 at 3.99%$497.82
104,400 at 4%$498.42
104,400 at 4.01%$499.02
104,400 at 4.02%$499.63
104,400 at 4.03%$500.23
104,400 at 4.04%$500.83
104,400 at 4.05%$501.44
104,400 at 4.06%$502.04
104,400 at 4.07%$502.64
104,400 at 4.08%$503.25
104,400 at 4.09%$503.85
104,400 at 4.1%$504.46
104,400 at 4.11%$505.06
104,400 at 4.12%$505.67
104,400 at 4.13%$506.28
104,400 at 4.14%$506.88
104,400 at 4.15%$507.49
104,400 at 4.16%$508.10
104,400 at 4.17%$508.71
104,400 at 4.18%$509.32
104,400 at 4.19%$509.92
104,400 at 4.2%$510.53
104,400 at 4.21%$511.14
104,400 at 4.22%$511.75
104,400 at 4.23%$512.36
104,400 at 4.24%$512.97
104,400 at 4.25%$513.59
104,400 at 4.26%$514.20
104,400 at 4.27%$514.81
104,400 at 4.28%$515.42
104,400 at 4.29%$516.03
104,400 at 4.3%$516.65
104,400 at 4.31%$517.26
104,400 at 4.32%$517.87
104,400 at 4.33%$518.49
104,400 at 4.34%$519.10
104,400 at 4.35%$519.72
104,400 at 4.36%$520.33
104,400 at 4.37%$520.95
104,400 at 4.38%$521.56
104,400 at 4.39%$522.18
104,400 at 4.4%$522.79
104,400 at 4.41%$523.41
104,400 at 4.42%$524.03
104,400 at 4.43%$524.65
104,400 at 4.44%$525.26
104,400 at 4.45%$525.88
104,400 at 4.46%$526.50
104,400 at 4.47%$527.12
104,400 at 4.48%$527.74
104,400 at 4.49%$528.36
104,400 at 4.5%$528.98
104,400 at 4.51%$529.60
104,400 at 4.52%$530.22
104,400 at 4.53%$530.84
104,400 at 4.54%$531.46
104,400 at 4.55%$532.09
104,400 at 4.56%$532.71
104,400 at 4.57%$533.33
104,400 at 4.58%$533.95
104,400 at 4.59%$534.58
104,400 at 4.6%$535.20
104,400 at 4.61%$535.82
104,400 at 4.62%$536.45
104,400 at 4.63%$537.07
104,400 at 4.64%$537.70
104,400 at 4.65%$538.32
104,400 at 4.66%$538.95
104,400 at 4.67%$539.58
104,400 at 4.68%$540.20
104,400 at 4.69%$540.83
104,400 at 4.7%$541.46
104,400 at 4.71%$542.09
104,400 at 4.72%$542.71
104,400 at 4.73%$543.34
104,400 at 4.74%$543.97
104,400 at 4.75%$544.60
104,400 at 4.76%$545.23
104,400 at 4.77%$545.86
104,400 at 4.78%$546.49
104,400 at 4.79%$547.12
104,400 at 4.8%$547.75
104,400 at 4.81%$548.38
104,400 at 4.82%$549.01
104,400 at 4.83%$549.65
104,400 at 4.84%$550.28
104,400 at 4.85%$550.91
104,400 at 4.86%$551.54
104,400 at 4.87%$552.18
104,400 at 4.88%$552.81
104,400 at 4.89%$553.44
104,400 at 4.9%$554.08
104,400 at 4.91%$554.71
104,400 at 4.92%$555.35
104,400 at 4.93%$555.98
104,400 at 4.94%$556.62
104,400 at 4.95%$557.26
104,400 at 4.96%$557.89
104,400 at 4.97%$558.53
104,400 at 4.98%$559.17
104,400 at 4.99%$559.80
104,400 at 5%$560.44
Interest Rate 30 Year
104,400 at 5.01%$561.08
104,400 at 5.02%$561.72
104,400 at 5.03%$562.36
104,400 at 5.04%$563.00
104,400 at 5.05%$563.64
104,400 at 5.06%$564.28
104,400 at 5.07%$564.92
104,400 at 5.08%$565.56
104,400 at 5.09%$566.20
104,400 at 5.1%$566.84
104,400 at 5.11%$567.48
104,400 at 5.12%$568.12
104,400 at 5.13%$568.77
104,400 at 5.14%$569.41
104,400 at 5.15%$570.05
104,400 at 5.16%$570.69
104,400 at 5.17%$571.34
104,400 at 5.18%$571.98
104,400 at 5.19%$572.63
104,400 at 5.2%$573.27
104,400 at 5.21%$573.92
104,400 at 5.22%$574.56
104,400 at 5.23%$575.21
104,400 at 5.24%$575.85
104,400 at 5.25%$576.50
104,400 at 5.26%$577.15
104,400 at 5.27%$577.79
104,400 at 5.28%$578.44
104,400 at 5.29%$579.09
104,400 at 5.3%$579.74
104,400 at 5.31%$580.39
104,400 at 5.32%$581.04
104,400 at 5.33%$581.68
104,400 at 5.34%$582.33
104,400 at 5.35%$582.98
104,400 at 5.36%$583.63
104,400 at 5.37%$584.28
104,400 at 5.38%$584.94
104,400 at 5.39%$585.59
104,400 at 5.4%$586.24
104,400 at 5.41%$586.89
104,400 at 5.42%$587.54
104,400 at 5.43%$588.19
104,400 at 5.44%$588.85
104,400 at 5.45%$589.50
104,400 at 5.46%$590.15
104,400 at 5.47%$590.81
104,400 at 5.48%$591.46
104,400 at 5.49%$592.12
104,400 at 5.5%$592.77
104,400 at 5.51%$593.43
104,400 at 5.52%$594.08
104,400 at 5.53%$594.74
104,400 at 5.54%$595.39
104,400 at 5.55%$596.05
104,400 at 5.56%$596.71
104,400 at 5.57%$597.36
104,400 at 5.58%$598.02
104,400 at 5.59%$598.68
104,400 at 5.6%$599.34
104,400 at 5.61%$600.00
104,400 at 5.62%$600.66
104,400 at 5.63%$601.31
104,400 at 5.64%$601.97
104,400 at 5.65%$602.63
104,400 at 5.66%$603.29
104,400 at 5.67%$603.95
104,400 at 5.68%$604.62
104,400 at 5.69%$605.28
104,400 at 5.7%$605.94
104,400 at 5.71%$606.60
104,400 at 5.72%$607.26
104,400 at 5.73%$607.92
104,400 at 5.74%$608.59
104,400 at 5.75%$609.25
104,400 at 5.76%$609.91
104,400 at 5.77%$610.58
104,400 at 5.78%$611.24
104,400 at 5.79%$611.91
104,400 at 5.8%$612.57
104,400 at 5.81%$613.24
104,400 at 5.82%$613.90
104,400 at 5.83%$614.57
104,400 at 5.84%$615.23
104,400 at 5.85%$615.90
104,400 at 5.86%$616.56
104,400 at 5.87%$617.23
104,400 at 5.88%$617.90
104,400 at 5.89%$618.57
104,400 at 5.9%$619.23
104,400 at 5.91%$619.90
104,400 at 5.92%$620.57
104,400 at 5.93%$621.24
104,400 at 5.94%$621.91
104,400 at 5.95%$622.58
104,400 at 5.96%$623.25
104,400 at 5.97%$623.92
104,400 at 5.98%$624.59
104,400 at 5.99%$625.26
104,400 at 6%$625.93
104,400 at 6.01%$626.60
104,400 at 6.02%$627.27
104,400 at 6.03%$627.95
104,400 at 6.04%$628.62
104,400 at 6.05%$629.29
104,400 at 6.06%$629.96
104,400 at 6.07%$630.64
104,400 at 6.08%$631.31
104,400 at 6.09%$631.98
104,400 at 6.1%$632.66
104,400 at 6.11%$633.33
104,400 at 6.12%$634.01
104,400 at 6.13%$634.68
104,400 at 6.14%$635.36
104,400 at 6.15%$636.03
104,400 at 6.16%$636.71
104,400 at 6.17%$637.39
104,400 at 6.18%$638.06
104,400 at 6.19%$638.74
104,400 at 6.2%$639.42
104,400 at 6.21%$640.10
104,400 at 6.22%$640.77
104,400 at 6.23%$641.45
104,400 at 6.24%$642.13
104,400 at 6.25%$642.81
104,400 at 6.26%$643.49
104,400 at 6.27%$644.17
104,400 at 6.28%$644.85
104,400 at 6.29%$645.53
104,400 at 6.3%$646.21
104,400 at 6.31%$646.89
104,400 at 6.32%$647.57
104,400 at 6.33%$648.25
104,400 at 6.34%$648.93
104,400 at 6.35%$649.61
104,400 at 6.36%$650.30
104,400 at 6.37%$650.98
104,400 at 6.38%$651.66
104,400 at 6.39%$652.34
104,400 at 6.4%$653.03
104,400 at 6.41%$653.71
104,400 at 6.42%$654.40
104,400 at 6.43%$655.08
104,400 at 6.44%$655.76
104,400 at 6.45%$656.45
104,400 at 6.46%$657.14
104,400 at 6.47%$657.82
104,400 at 6.48%$658.51
104,400 at 6.49%$659.19
104,400 at 6.5%$659.88
Interest Rate 30 Year
104,400 at 6.51%$660.57
104,400 at 6.52%$661.25
104,400 at 6.53%$661.94
104,400 at 6.54%$662.63
104,400 at 6.55%$663.32
104,400 at 6.56%$664.00
104,400 at 6.57%$664.69
104,400 at 6.58%$665.38
104,400 at 6.59%$666.07
104,400 at 6.6%$666.76
104,400 at 6.61%$667.45
104,400 at 6.62%$668.14
104,400 at 6.63%$668.83
104,400 at 6.64%$669.52
104,400 at 6.65%$670.21
104,400 at 6.66%$670.90
104,400 at 6.67%$671.59
104,400 at 6.68%$672.29
104,400 at 6.69%$672.98
104,400 at 6.7%$673.67
104,400 at 6.71%$674.36
104,400 at 6.72%$675.06
104,400 at 6.73%$675.75
104,400 at 6.74%$676.44
104,400 at 6.75%$677.14
104,400 at 6.76%$677.83
104,400 at 6.77%$678.52
104,400 at 6.78%$679.22
104,400 at 6.79%$679.91
104,400 at 6.8%$680.61
104,400 at 6.81%$681.31
104,400 at 6.82%$682.00
104,400 at 6.83%$682.70
104,400 at 6.84%$683.39
104,400 at 6.85%$684.09
104,400 at 6.86%$684.79
104,400 at 6.87%$685.48
104,400 at 6.88%$686.18
104,400 at 6.89%$686.88
104,400 at 6.9%$687.58
104,400 at 6.91%$688.28
104,400 at 6.92%$688.98
104,400 at 6.93%$689.67
104,400 at 6.94%$690.37
104,400 at 6.95%$691.07
104,400 at 6.96%$691.77
104,400 at 6.97%$692.47
104,400 at 6.98%$693.17
104,400 at 6.99%$693.87
104,400 at 7%$694.58
104,400 at 7.01%$695.28
104,400 at 7.02%$695.98
104,400 at 7.03%$696.68
104,400 at 7.04%$697.38
104,400 at 7.05%$698.09
104,400 at 7.06%$698.79
104,400 at 7.07%$699.49
104,400 at 7.08%$700.19
104,400 at 7.09%$700.90
104,400 at 7.1%$701.60
104,400 at 7.11%$702.31
104,400 at 7.12%$703.01
104,400 at 7.13%$703.71
104,400 at 7.14%$704.42
104,400 at 7.15%$705.12
104,400 at 7.16%$705.83
104,400 at 7.17%$706.54
104,400 at 7.18%$707.24
104,400 at 7.19%$707.95
104,400 at 7.2%$708.65
104,400 at 7.21%$709.36
104,400 at 7.22%$710.07
104,400 at 7.23%$710.78
104,400 at 7.24%$711.48
104,400 at 7.25%$712.19
104,400 at 7.26%$712.90
104,400 at 7.27%$713.61
104,400 at 7.28%$714.32
104,400 at 7.29%$715.03
104,400 at 7.3%$715.74
104,400 at 7.31%$716.45
104,400 at 7.32%$717.16
104,400 at 7.33%$717.87
104,400 at 7.34%$718.58
104,400 at 7.35%$719.29
104,400 at 7.36%$720.00
104,400 at 7.37%$720.71
104,400 at 7.38%$721.42
104,400 at 7.39%$722.13
104,400 at 7.4%$722.84
104,400 at 7.41%$723.56
104,400 at 7.42%$724.27
104,400 at 7.43%$724.98
104,400 at 7.44%$725.70
104,400 at 7.45%$726.41
104,400 at 7.46%$727.12
104,400 at 7.47%$727.84
104,400 at 7.48%$728.55
104,400 at 7.49%$729.27
104,400 at 7.5%$729.98
104,400 at 7.51%$730.69
104,400 at 7.52%$731.41
104,400 at 7.53%$732.13
104,400 at 7.54%$732.84
104,400 at 7.55%$733.56
104,400 at 7.56%$734.27
104,400 at 7.57%$734.99
104,400 at 7.58%$735.71
104,400 at 7.59%$736.42
104,400 at 7.6%$737.14
104,400 at 7.61%$737.86
104,400 at 7.62%$738.58
104,400 at 7.63%$739.30
104,400 at 7.64%$740.01
104,400 at 7.65%$740.73
104,400 at 7.66%$741.45
104,400 at 7.67%$742.17
104,400 at 7.68%$742.89
104,400 at 7.69%$743.61
104,400 at 7.7%$744.33
104,400 at 7.71%$745.05
104,400 at 7.72%$745.77
104,400 at 7.73%$746.49
104,400 at 7.74%$747.21
104,400 at 7.75%$747.93
104,400 at 7.76%$748.66
104,400 at 7.77%$749.38
104,400 at 7.78%$750.10
104,400 at 7.79%$750.82
104,400 at 7.8%$751.54
104,400 at 7.81%$752.27
104,400 at 7.82%$752.99
104,400 at 7.83%$753.71
104,400 at 7.84%$754.44
104,400 at 7.85%$755.16
104,400 at 7.86%$755.89
104,400 at 7.87%$756.61
104,400 at 7.88%$757.33
104,400 at 7.89%$758.06
104,400 at 7.9%$758.78
104,400 at 7.91%$759.51
104,400 at 7.92%$760.24
104,400 at 7.93%$760.96
104,400 at 7.94%$761.69
104,400 at 7.95%$762.41
104,400 at 7.96%$763.14
104,400 at 7.97%$763.87
104,400 at 7.98%$764.60
104,400 at 7.99%$765.32
104,400 at 8%$766.05
More Amounts
What is the down payment for a $104,400 house? How much do you need to put down?
Percent Down Down Payment
1%1,044
2%2,088
3%3,132
4%4,176
5%5,220
6%6,264
7%7,308
8%8,352
9%9,396
10%10,440
11%11,484
12%12,528
13%13,572
14%14,616
15%15,660
16%16,704
17%17,748
18%18,792
19%19,836
20%20,880
Percent Down Down Payment
21%21,924
22%22,968
23%24,012
24%25,056
25%26,100
26%27,144
27%28,188
28%29,232
29%30,276
30%31,320
31%32,364
32%33,408
33%34,452
34%35,496
35%36,540
36%37,584
37%38,628
38%39,672
39%40,716
40%41,760
Percent Down Down Payment
41%42,804
42%43,848
43%44,892
44%45,936
45%46,980
46%48,024
47%49,068
48%50,112
49%51,156
50%52,200
51%53,244
52%54,288
53%55,332
54%56,376
55%57,420
56%58,464
57%59,508
58%60,552
59%61,596
60%62,640
Percent Down Down Payment
61%63,684
62%64,728
63%65,772
64%66,816
65%67,860
66%68,904
67%69,948
68%70,992
69%72,036
70%73,080
71%74,124
72%75,168
73%76,212
74%77,256
75%78,300
76%79,344
77%80,388
78%81,432
79%82,476
80%83,520
Percent Down Down Payment
81%84,564
82%85,608
83%86,652
84%87,696
85%88,740
86%89,784
87%90,828
88%91,872
89%92,916
90%93,960
91%95,004
92%96,048
93%97,092
94%98,136
95%99,180
96%100,224
97%101,268
98%102,312
99%103,356
100%104,400
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.