$104,550 Mortgage for 30 Years

What is the monthly payment of a 104,550 dollar loan?
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Loan Tables for a $104,550 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 105k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $104,550 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
104,550 at 2.01%$386.96
104,550 at 2.02%$387.48
104,550 at 2.03%$388.01
104,550 at 2.04%$388.53
104,550 at 2.05%$389.06
104,550 at 2.06%$389.58
104,550 at 2.07%$390.11
104,550 at 2.08%$390.63
104,550 at 2.09%$391.16
104,550 at 2.1%$391.69
104,550 at 2.11%$392.21
104,550 at 2.12%$392.74
104,550 at 2.13%$393.27
104,550 at 2.14%$393.80
104,550 at 2.15%$394.33
104,550 at 2.16%$394.86
104,550 at 2.17%$395.39
104,550 at 2.18%$395.92
104,550 at 2.19%$396.45
104,550 at 2.2%$396.98
104,550 at 2.21%$397.51
104,550 at 2.22%$398.04
104,550 at 2.23%$398.57
104,550 at 2.24%$399.11
104,550 at 2.25%$399.64
104,550 at 2.26%$400.17
104,550 at 2.27%$400.71
104,550 at 2.28%$401.24
104,550 at 2.29%$401.77
104,550 at 2.3%$402.31
104,550 at 2.31%$402.85
104,550 at 2.32%$403.38
104,550 at 2.33%$403.92
104,550 at 2.34%$404.45
104,550 at 2.35%$404.99
104,550 at 2.36%$405.53
104,550 at 2.37%$406.07
104,550 at 2.38%$406.61
104,550 at 2.39%$407.14
104,550 at 2.4%$407.68
104,550 at 2.41%$408.22
104,550 at 2.42%$408.76
104,550 at 2.43%$409.30
104,550 at 2.44%$409.84
104,550 at 2.45%$410.39
104,550 at 2.46%$410.93
104,550 at 2.47%$411.47
104,550 at 2.48%$412.01
104,550 at 2.49%$412.56
104,550 at 2.5%$413.10
104,550 at 2.51%$413.64
104,550 at 2.52%$414.19
104,550 at 2.53%$414.73
104,550 at 2.54%$415.28
104,550 at 2.55%$415.82
104,550 at 2.56%$416.37
104,550 at 2.57%$416.91
104,550 at 2.58%$417.46
104,550 at 2.59%$418.01
104,550 at 2.6%$418.56
104,550 at 2.61%$419.10
104,550 at 2.62%$419.65
104,550 at 2.63%$420.20
104,550 at 2.64%$420.75
104,550 at 2.65%$421.30
104,550 at 2.66%$421.85
104,550 at 2.67%$422.40
104,550 at 2.68%$422.95
104,550 at 2.69%$423.50
104,550 at 2.7%$424.05
104,550 at 2.71%$424.60
104,550 at 2.72%$425.16
104,550 at 2.73%$425.71
104,550 at 2.74%$426.26
104,550 at 2.75%$426.82
104,550 at 2.76%$427.37
104,550 at 2.77%$427.92
104,550 at 2.78%$428.48
104,550 at 2.79%$429.03
104,550 at 2.8%$429.59
104,550 at 2.81%$430.15
104,550 at 2.82%$430.70
104,550 at 2.83%$431.26
104,550 at 2.84%$431.82
104,550 at 2.85%$432.37
104,550 at 2.86%$432.93
104,550 at 2.87%$433.49
104,550 at 2.88%$434.05
104,550 at 2.89%$434.61
104,550 at 2.9%$435.17
104,550 at 2.91%$435.73
104,550 at 2.92%$436.29
104,550 at 2.93%$436.85
104,550 at 2.94%$437.41
104,550 at 2.95%$437.97
104,550 at 2.96%$438.53
104,550 at 2.97%$439.10
104,550 at 2.98%$439.66
104,550 at 2.99%$440.22
104,550 at 3%$440.79
104,550 at 3.01%$441.35
104,550 at 3.02%$441.92
104,550 at 3.03%$442.48
104,550 at 3.04%$443.05
104,550 at 3.05%$443.61
104,550 at 3.06%$444.18
104,550 at 3.07%$444.74
104,550 at 3.08%$445.31
104,550 at 3.09%$445.88
104,550 at 3.1%$446.45
104,550 at 3.11%$447.01
104,550 at 3.12%$447.58
104,550 at 3.13%$448.15
104,550 at 3.14%$448.72
104,550 at 3.15%$449.29
104,550 at 3.16%$449.86
104,550 at 3.17%$450.43
104,550 at 3.18%$451.00
104,550 at 3.19%$451.57
104,550 at 3.2%$452.14
104,550 at 3.21%$452.72
104,550 at 3.22%$453.29
104,550 at 3.23%$453.86
104,550 at 3.24%$454.43
104,550 at 3.25%$455.01
104,550 at 3.26%$455.58
104,550 at 3.27%$456.16
104,550 at 3.28%$456.73
104,550 at 3.29%$457.31
104,550 at 3.3%$457.88
104,550 at 3.31%$458.46
104,550 at 3.32%$459.03
104,550 at 3.33%$459.61
104,550 at 3.34%$460.19
104,550 at 3.35%$460.77
104,550 at 3.36%$461.34
104,550 at 3.37%$461.92
104,550 at 3.38%$462.50
104,550 at 3.39%$463.08
104,550 at 3.4%$463.66
104,550 at 3.41%$464.24
104,550 at 3.42%$464.82
104,550 at 3.43%$465.40
104,550 at 3.44%$465.98
104,550 at 3.45%$466.56
104,550 at 3.46%$467.14
104,550 at 3.47%$467.73
104,550 at 3.48%$468.31
104,550 at 3.49%$468.89
104,550 at 3.5%$469.48
Interest Rate 30 Year
104,550 at 3.51%$470.06
104,550 at 3.52%$470.64
104,550 at 3.53%$471.23
104,550 at 3.54%$471.81
104,550 at 3.55%$472.40
104,550 at 3.56%$472.98
104,550 at 3.57%$473.57
104,550 at 3.58%$474.16
104,550 at 3.59%$474.74
104,550 at 3.6%$475.33
104,550 at 3.61%$475.92
104,550 at 3.62%$476.51
104,550 at 3.63%$477.10
104,550 at 3.64%$477.68
104,550 at 3.65%$478.27
104,550 at 3.66%$478.86
104,550 at 3.67%$479.45
104,550 at 3.68%$480.04
104,550 at 3.69%$480.63
104,550 at 3.7%$481.23
104,550 at 3.71%$481.82
104,550 at 3.72%$482.41
104,550 at 3.73%$483.00
104,550 at 3.74%$483.59
104,550 at 3.75%$484.19
104,550 at 3.76%$484.78
104,550 at 3.77%$485.37
104,550 at 3.78%$485.97
104,550 at 3.79%$486.56
104,550 at 3.8%$487.16
104,550 at 3.81%$487.75
104,550 at 3.82%$488.35
104,550 at 3.83%$488.95
104,550 at 3.84%$489.54
104,550 at 3.85%$490.14
104,550 at 3.86%$490.74
104,550 at 3.87%$491.33
104,550 at 3.88%$491.93
104,550 at 3.89%$492.53
104,550 at 3.9%$493.13
104,550 at 3.91%$493.73
104,550 at 3.92%$494.33
104,550 at 3.93%$494.93
104,550 at 3.94%$495.53
104,550 at 3.95%$496.13
104,550 at 3.96%$496.73
104,550 at 3.97%$497.33
104,550 at 3.98%$497.93
104,550 at 3.99%$498.54
104,550 at 4%$499.14
104,550 at 4.01%$499.74
104,550 at 4.02%$500.34
104,550 at 4.03%$500.95
104,550 at 4.04%$501.55
104,550 at 4.05%$502.16
104,550 at 4.06%$502.76
104,550 at 4.07%$503.37
104,550 at 4.08%$503.97
104,550 at 4.09%$504.58
104,550 at 4.1%$505.18
104,550 at 4.11%$505.79
104,550 at 4.12%$506.40
104,550 at 4.13%$507.01
104,550 at 4.14%$507.61
104,550 at 4.15%$508.22
104,550 at 4.16%$508.83
104,550 at 4.17%$509.44
104,550 at 4.18%$510.05
104,550 at 4.19%$510.66
104,550 at 4.2%$511.27
104,550 at 4.21%$511.88
104,550 at 4.22%$512.49
104,550 at 4.23%$513.10
104,550 at 4.24%$513.71
104,550 at 4.25%$514.32
104,550 at 4.26%$514.94
104,550 at 4.27%$515.55
104,550 at 4.28%$516.16
104,550 at 4.29%$516.77
104,550 at 4.3%$517.39
104,550 at 4.31%$518.00
104,550 at 4.32%$518.62
104,550 at 4.33%$519.23
104,550 at 4.34%$519.85
104,550 at 4.35%$520.46
104,550 at 4.36%$521.08
104,550 at 4.37%$521.69
104,550 at 4.38%$522.31
104,550 at 4.39%$522.93
104,550 at 4.4%$523.55
104,550 at 4.41%$524.16
104,550 at 4.42%$524.78
104,550 at 4.43%$525.40
104,550 at 4.44%$526.02
104,550 at 4.45%$526.64
104,550 at 4.46%$527.26
104,550 at 4.47%$527.88
104,550 at 4.48%$528.50
104,550 at 4.49%$529.12
104,550 at 4.5%$529.74
104,550 at 4.51%$530.36
104,550 at 4.52%$530.98
104,550 at 4.53%$531.60
104,550 at 4.54%$532.23
104,550 at 4.55%$532.85
104,550 at 4.56%$533.47
104,550 at 4.57%$534.10
104,550 at 4.58%$534.72
104,550 at 4.59%$535.35
104,550 at 4.6%$535.97
104,550 at 4.61%$536.59
104,550 at 4.62%$537.22
104,550 at 4.63%$537.85
104,550 at 4.64%$538.47
104,550 at 4.65%$539.10
104,550 at 4.66%$539.73
104,550 at 4.67%$540.35
104,550 at 4.68%$540.98
104,550 at 4.69%$541.61
104,550 at 4.7%$542.24
104,550 at 4.71%$542.86
104,550 at 4.72%$543.49
104,550 at 4.73%$544.12
104,550 at 4.74%$544.75
104,550 at 4.75%$545.38
104,550 at 4.76%$546.01
104,550 at 4.77%$546.64
104,550 at 4.78%$547.27
104,550 at 4.79%$547.91
104,550 at 4.8%$548.54
104,550 at 4.81%$549.17
104,550 at 4.82%$549.80
104,550 at 4.83%$550.44
104,550 at 4.84%$551.07
104,550 at 4.85%$551.70
104,550 at 4.86%$552.34
104,550 at 4.87%$552.97
104,550 at 4.88%$553.60
104,550 at 4.89%$554.24
104,550 at 4.9%$554.87
104,550 at 4.91%$555.51
104,550 at 4.92%$556.15
104,550 at 4.93%$556.78
104,550 at 4.94%$557.42
104,550 at 4.95%$558.06
104,550 at 4.96%$558.69
104,550 at 4.97%$559.33
104,550 at 4.98%$559.97
104,550 at 4.99%$560.61
104,550 at 5%$561.25
Interest Rate 30 Year
104,550 at 5.01%$561.89
104,550 at 5.02%$562.53
104,550 at 5.03%$563.17
104,550 at 5.04%$563.81
104,550 at 5.05%$564.45
104,550 at 5.06%$565.09
104,550 at 5.07%$565.73
104,550 at 5.08%$566.37
104,550 at 5.09%$567.01
104,550 at 5.1%$567.65
104,550 at 5.11%$568.30
104,550 at 5.12%$568.94
104,550 at 5.13%$569.58
104,550 at 5.14%$570.23
104,550 at 5.15%$570.87
104,550 at 5.16%$571.51
104,550 at 5.17%$572.16
104,550 at 5.18%$572.80
104,550 at 5.19%$573.45
104,550 at 5.2%$574.10
104,550 at 5.21%$574.74
104,550 at 5.22%$575.39
104,550 at 5.23%$576.03
104,550 at 5.24%$576.68
104,550 at 5.25%$577.33
104,550 at 5.26%$577.98
104,550 at 5.27%$578.62
104,550 at 5.28%$579.27
104,550 at 5.29%$579.92
104,550 at 5.3%$580.57
104,550 at 5.31%$581.22
104,550 at 5.32%$581.87
104,550 at 5.33%$582.52
104,550 at 5.34%$583.17
104,550 at 5.35%$583.82
104,550 at 5.36%$584.47
104,550 at 5.37%$585.12
104,550 at 5.38%$585.78
104,550 at 5.39%$586.43
104,550 at 5.4%$587.08
104,550 at 5.41%$587.73
104,550 at 5.42%$588.39
104,550 at 5.43%$589.04
104,550 at 5.44%$589.69
104,550 at 5.45%$590.35
104,550 at 5.46%$591.00
104,550 at 5.47%$591.66
104,550 at 5.48%$592.31
104,550 at 5.49%$592.97
104,550 at 5.5%$593.62
104,550 at 5.51%$594.28
104,550 at 5.52%$594.94
104,550 at 5.53%$595.59
104,550 at 5.54%$596.25
104,550 at 5.55%$596.91
104,550 at 5.56%$597.57
104,550 at 5.57%$598.22
104,550 at 5.58%$598.88
104,550 at 5.59%$599.54
104,550 at 5.6%$600.20
104,550 at 5.61%$600.86
104,550 at 5.62%$601.52
104,550 at 5.63%$602.18
104,550 at 5.64%$602.84
104,550 at 5.65%$603.50
104,550 at 5.66%$604.16
104,550 at 5.67%$604.82
104,550 at 5.68%$605.48
104,550 at 5.69%$606.15
104,550 at 5.7%$606.81
104,550 at 5.71%$607.47
104,550 at 5.72%$608.13
104,550 at 5.73%$608.80
104,550 at 5.74%$609.46
104,550 at 5.75%$610.13
104,550 at 5.76%$610.79
104,550 at 5.77%$611.45
104,550 at 5.78%$612.12
104,550 at 5.79%$612.78
104,550 at 5.8%$613.45
104,550 at 5.81%$614.12
104,550 at 5.82%$614.78
104,550 at 5.83%$615.45
104,550 at 5.84%$616.12
104,550 at 5.85%$616.78
104,550 at 5.86%$617.45
104,550 at 5.87%$618.12
104,550 at 5.88%$618.79
104,550 at 5.89%$619.46
104,550 at 5.9%$620.12
104,550 at 5.91%$620.79
104,550 at 5.92%$621.46
104,550 at 5.93%$622.13
104,550 at 5.94%$622.80
104,550 at 5.95%$623.47
104,550 at 5.96%$624.14
104,550 at 5.97%$624.81
104,550 at 5.98%$625.49
104,550 at 5.99%$626.16
104,550 at 6%$626.83
104,550 at 6.01%$627.50
104,550 at 6.02%$628.18
104,550 at 6.03%$628.85
104,550 at 6.04%$629.52
104,550 at 6.05%$630.19
104,550 at 6.06%$630.87
104,550 at 6.07%$631.54
104,550 at 6.08%$632.22
104,550 at 6.09%$632.89
104,550 at 6.1%$633.57
104,550 at 6.11%$634.24
104,550 at 6.12%$634.92
104,550 at 6.13%$635.59
104,550 at 6.14%$636.27
104,550 at 6.15%$636.95
104,550 at 6.16%$637.63
104,550 at 6.17%$638.30
104,550 at 6.18%$638.98
104,550 at 6.19%$639.66
104,550 at 6.2%$640.34
104,550 at 6.21%$641.01
104,550 at 6.22%$641.69
104,550 at 6.23%$642.37
104,550 at 6.24%$643.05
104,550 at 6.25%$643.73
104,550 at 6.26%$644.41
104,550 at 6.27%$645.09
104,550 at 6.28%$645.77
104,550 at 6.29%$646.45
104,550 at 6.3%$647.14
104,550 at 6.31%$647.82
104,550 at 6.32%$648.50
104,550 at 6.33%$649.18
104,550 at 6.34%$649.86
104,550 at 6.35%$650.55
104,550 at 6.36%$651.23
104,550 at 6.37%$651.91
104,550 at 6.38%$652.60
104,550 at 6.39%$653.28
104,550 at 6.4%$653.97
104,550 at 6.41%$654.65
104,550 at 6.42%$655.34
104,550 at 6.43%$656.02
104,550 at 6.44%$656.71
104,550 at 6.45%$657.39
104,550 at 6.46%$658.08
104,550 at 6.47%$658.77
104,550 at 6.48%$659.45
104,550 at 6.49%$660.14
104,550 at 6.5%$660.83
Interest Rate 30 Year
104,550 at 6.51%$661.51
104,550 at 6.52%$662.20
104,550 at 6.53%$662.89
104,550 at 6.54%$663.58
104,550 at 6.55%$664.27
104,550 at 6.56%$664.96
104,550 at 6.57%$665.65
104,550 at 6.58%$666.34
104,550 at 6.59%$667.03
104,550 at 6.6%$667.72
104,550 at 6.61%$668.41
104,550 at 6.62%$669.10
104,550 at 6.63%$669.79
104,550 at 6.64%$670.48
104,550 at 6.65%$671.17
104,550 at 6.66%$671.87
104,550 at 6.67%$672.56
104,550 at 6.68%$673.25
104,550 at 6.69%$673.94
104,550 at 6.7%$674.64
104,550 at 6.71%$675.33
104,550 at 6.72%$676.03
104,550 at 6.73%$676.72
104,550 at 6.74%$677.41
104,550 at 6.75%$678.11
104,550 at 6.76%$678.80
104,550 at 6.77%$679.50
104,550 at 6.78%$680.20
104,550 at 6.79%$680.89
104,550 at 6.8%$681.59
104,550 at 6.81%$682.28
104,550 at 6.82%$682.98
104,550 at 6.83%$683.68
104,550 at 6.84%$684.38
104,550 at 6.85%$685.07
104,550 at 6.86%$685.77
104,550 at 6.87%$686.47
104,550 at 6.88%$687.17
104,550 at 6.89%$687.87
104,550 at 6.9%$688.57
104,550 at 6.91%$689.27
104,550 at 6.92%$689.97
104,550 at 6.93%$690.67
104,550 at 6.94%$691.37
104,550 at 6.95%$692.07
104,550 at 6.96%$692.77
104,550 at 6.97%$693.47
104,550 at 6.98%$694.17
104,550 at 6.99%$694.87
104,550 at 7%$695.57
104,550 at 7.01%$696.28
104,550 at 7.02%$696.98
104,550 at 7.03%$697.68
104,550 at 7.04%$698.38
104,550 at 7.05%$699.09
104,550 at 7.06%$699.79
104,550 at 7.07%$700.50
104,550 at 7.08%$701.20
104,550 at 7.09%$701.90
104,550 at 7.1%$702.61
104,550 at 7.11%$703.31
104,550 at 7.12%$704.02
104,550 at 7.13%$704.73
104,550 at 7.14%$705.43
104,550 at 7.15%$706.14
104,550 at 7.16%$706.84
104,550 at 7.17%$707.55
104,550 at 7.18%$708.26
104,550 at 7.19%$708.97
104,550 at 7.2%$709.67
104,550 at 7.21%$710.38
104,550 at 7.22%$711.09
104,550 at 7.23%$711.80
104,550 at 7.24%$712.51
104,550 at 7.25%$713.22
104,550 at 7.26%$713.92
104,550 at 7.27%$714.63
104,550 at 7.28%$715.34
104,550 at 7.29%$716.05
104,550 at 7.3%$716.76
104,550 at 7.31%$717.48
104,550 at 7.32%$718.19
104,550 at 7.33%$718.90
104,550 at 7.34%$719.61
104,550 at 7.35%$720.32
104,550 at 7.36%$721.03
104,550 at 7.37%$721.74
104,550 at 7.38%$722.46
104,550 at 7.39%$723.17
104,550 at 7.4%$723.88
104,550 at 7.41%$724.60
104,550 at 7.42%$725.31
104,550 at 7.43%$726.02
104,550 at 7.44%$726.74
104,550 at 7.45%$727.45
104,550 at 7.46%$728.17
104,550 at 7.47%$728.88
104,550 at 7.48%$729.60
104,550 at 7.49%$730.31
104,550 at 7.5%$731.03
104,550 at 7.51%$731.74
104,550 at 7.52%$732.46
104,550 at 7.53%$733.18
104,550 at 7.54%$733.89
104,550 at 7.55%$734.61
104,550 at 7.56%$735.33
104,550 at 7.57%$736.05
104,550 at 7.58%$736.76
104,550 at 7.59%$737.48
104,550 at 7.6%$738.20
104,550 at 7.61%$738.92
104,550 at 7.62%$739.64
104,550 at 7.63%$740.36
104,550 at 7.64%$741.08
104,550 at 7.65%$741.80
104,550 at 7.66%$742.52
104,550 at 7.67%$743.24
104,550 at 7.68%$743.96
104,550 at 7.69%$744.68
104,550 at 7.7%$745.40
104,550 at 7.71%$746.12
104,550 at 7.72%$746.84
104,550 at 7.73%$747.56
104,550 at 7.74%$748.29
104,550 at 7.75%$749.01
104,550 at 7.76%$749.73
104,550 at 7.77%$750.45
104,550 at 7.78%$751.18
104,550 at 7.79%$751.90
104,550 at 7.8%$752.62
104,550 at 7.81%$753.35
104,550 at 7.82%$754.07
104,550 at 7.83%$754.80
104,550 at 7.84%$755.52
104,550 at 7.85%$756.25
104,550 at 7.86%$756.97
104,550 at 7.87%$757.70
104,550 at 7.88%$758.42
104,550 at 7.89%$759.15
104,550 at 7.9%$759.88
104,550 at 7.91%$760.60
104,550 at 7.92%$761.33
104,550 at 7.93%$762.06
104,550 at 7.94%$762.78
104,550 at 7.95%$763.51
104,550 at 7.96%$764.24
104,550 at 7.97%$764.97
104,550 at 7.98%$765.69
104,550 at 7.99%$766.42
104,550 at 8%$767.15
More Amounts
What is the down payment for a $104,550 house? How much do you need to put down?
Percent Down Down Payment
1%1,046
2%2,091
3%3,137
4%4,182
5%5,228
6%6,273
7%7,319
8%8,364
9%9,410
10%10,455
11%11,501
12%12,546
13%13,592
14%14,637
15%15,683
16%16,728
17%17,774
18%18,819
19%19,865
20%20,910
Percent Down Down Payment
21%21,956
22%23,001
23%24,047
24%25,092
25%26,138
26%27,183
27%28,229
28%29,274
29%30,320
30%31,365
31%32,411
32%33,456
33%34,502
34%35,547
35%36,593
36%37,638
37%38,684
38%39,729
39%40,775
40%41,820
Percent Down Down Payment
41%42,866
42%43,911
43%44,957
44%46,002
45%47,048
46%48,093
47%49,139
48%50,184
49%51,230
50%52,275
51%53,321
52%54,366
53%55,412
54%56,457
55%57,503
56%58,548
57%59,594
58%60,639
59%61,685
60%62,730
Percent Down Down Payment
61%63,776
62%64,821
63%65,867
64%66,912
65%67,958
66%69,003
67%70,049
68%71,094
69%72,140
70%73,185
71%74,231
72%75,276
73%76,322
74%77,367
75%78,413
76%79,458
77%80,504
78%81,549
79%82,595
80%83,640
Percent Down Down Payment
81%84,686
82%85,731
83%86,777
84%87,822
85%88,868
86%89,913
87%90,959
88%92,004
89%93,050
90%94,095
91%95,141
92%96,186
93%97,232
94%98,277
95%99,323
96%100,368
97%101,414
98%102,459
99%103,505
100%104,550
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.