$104,650 Mortgage for 30 Years

What is the monthly payment of a 104,650 dollar loan?
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Loan Tables for a $104,650 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 $104,650 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
104,650 at 2.01%$387.33
104,650 at 2.02%$387.85
104,650 at 2.03%$388.38
104,650 at 2.04%$388.90
104,650 at 2.05%$389.43
104,650 at 2.06%$389.95
104,650 at 2.07%$390.48
104,650 at 2.08%$391.01
104,650 at 2.09%$391.53
104,650 at 2.1%$392.06
104,650 at 2.11%$392.59
104,650 at 2.12%$393.12
104,650 at 2.13%$393.65
104,650 at 2.14%$394.17
104,650 at 2.15%$394.70
104,650 at 2.16%$395.23
104,650 at 2.17%$395.76
104,650 at 2.18%$396.29
104,650 at 2.19%$396.83
104,650 at 2.2%$397.36
104,650 at 2.21%$397.89
104,650 at 2.22%$398.42
104,650 at 2.23%$398.95
104,650 at 2.24%$399.49
104,650 at 2.25%$400.02
104,650 at 2.26%$400.55
104,650 at 2.27%$401.09
104,650 at 2.28%$401.62
104,650 at 2.29%$402.16
104,650 at 2.3%$402.69
104,650 at 2.31%$403.23
104,650 at 2.32%$403.77
104,650 at 2.33%$404.30
104,650 at 2.34%$404.84
104,650 at 2.35%$405.38
104,650 at 2.36%$405.92
104,650 at 2.37%$406.46
104,650 at 2.38%$406.99
104,650 at 2.39%$407.53
104,650 at 2.4%$408.07
104,650 at 2.41%$408.61
104,650 at 2.42%$409.15
104,650 at 2.43%$409.70
104,650 at 2.44%$410.24
104,650 at 2.45%$410.78
104,650 at 2.46%$411.32
104,650 at 2.47%$411.86
104,650 at 2.48%$412.41
104,650 at 2.49%$412.95
104,650 at 2.5%$413.49
104,650 at 2.51%$414.04
104,650 at 2.52%$414.58
104,650 at 2.53%$415.13
104,650 at 2.54%$415.67
104,650 at 2.55%$416.22
104,650 at 2.56%$416.77
104,650 at 2.57%$417.31
104,650 at 2.58%$417.86
104,650 at 2.59%$418.41
104,650 at 2.6%$418.96
104,650 at 2.61%$419.50
104,650 at 2.62%$420.05
104,650 at 2.63%$420.60
104,650 at 2.64%$421.15
104,650 at 2.65%$421.70
104,650 at 2.66%$422.25
104,650 at 2.67%$422.80
104,650 at 2.68%$423.35
104,650 at 2.69%$423.91
104,650 at 2.7%$424.46
104,650 at 2.71%$425.01
104,650 at 2.72%$425.56
104,650 at 2.73%$426.12
104,650 at 2.74%$426.67
104,650 at 2.75%$427.22
104,650 at 2.76%$427.78
104,650 at 2.77%$428.33
104,650 at 2.78%$428.89
104,650 at 2.79%$429.44
104,650 at 2.8%$430.00
104,650 at 2.81%$430.56
104,650 at 2.82%$431.11
104,650 at 2.83%$431.67
104,650 at 2.84%$432.23
104,650 at 2.85%$432.79
104,650 at 2.86%$433.35
104,650 at 2.87%$433.91
104,650 at 2.88%$434.46
104,650 at 2.89%$435.02
104,650 at 2.9%$435.58
104,650 at 2.91%$436.15
104,650 at 2.92%$436.71
104,650 at 2.93%$437.27
104,650 at 2.94%$437.83
104,650 at 2.95%$438.39
104,650 at 2.96%$438.95
104,650 at 2.97%$439.52
104,650 at 2.98%$440.08
104,650 at 2.99%$440.64
104,650 at 3%$441.21
104,650 at 3.01%$441.77
104,650 at 3.02%$442.34
104,650 at 3.03%$442.90
104,650 at 3.04%$443.47
104,650 at 3.05%$444.04
104,650 at 3.06%$444.60
104,650 at 3.07%$445.17
104,650 at 3.08%$445.74
104,650 at 3.09%$446.30
104,650 at 3.1%$446.87
104,650 at 3.11%$447.44
104,650 at 3.12%$448.01
104,650 at 3.13%$448.58
104,650 at 3.14%$449.15
104,650 at 3.15%$449.72
104,650 at 3.16%$450.29
104,650 at 3.17%$450.86
104,650 at 3.18%$451.43
104,650 at 3.19%$452.00
104,650 at 3.2%$452.58
104,650 at 3.21%$453.15
104,650 at 3.22%$453.72
104,650 at 3.23%$454.30
104,650 at 3.24%$454.87
104,650 at 3.25%$455.44
104,650 at 3.26%$456.02
104,650 at 3.27%$456.59
104,650 at 3.28%$457.17
104,650 at 3.29%$457.74
104,650 at 3.3%$458.32
104,650 at 3.31%$458.90
104,650 at 3.32%$459.47
104,650 at 3.33%$460.05
104,650 at 3.34%$460.63
104,650 at 3.35%$461.21
104,650 at 3.36%$461.79
104,650 at 3.37%$462.36
104,650 at 3.38%$462.94
104,650 at 3.39%$463.52
104,650 at 3.4%$464.10
104,650 at 3.41%$464.68
104,650 at 3.42%$465.26
104,650 at 3.43%$465.85
104,650 at 3.44%$466.43
104,650 at 3.45%$467.01
104,650 at 3.46%$467.59
104,650 at 3.47%$468.17
104,650 at 3.48%$468.76
104,650 at 3.49%$469.34
104,650 at 3.5%$469.93
Interest Rate 30 Year
104,650 at 3.51%$470.51
104,650 at 3.52%$471.09
104,650 at 3.53%$471.68
104,650 at 3.54%$472.27
104,650 at 3.55%$472.85
104,650 at 3.56%$473.44
104,650 at 3.57%$474.02
104,650 at 3.58%$474.61
104,650 at 3.59%$475.20
104,650 at 3.6%$475.79
104,650 at 3.61%$476.37
104,650 at 3.62%$476.96
104,650 at 3.63%$477.55
104,650 at 3.64%$478.14
104,650 at 3.65%$478.73
104,650 at 3.66%$479.32
104,650 at 3.67%$479.91
104,650 at 3.68%$480.50
104,650 at 3.69%$481.09
104,650 at 3.7%$481.69
104,650 at 3.71%$482.28
104,650 at 3.72%$482.87
104,650 at 3.73%$483.46
104,650 at 3.74%$484.06
104,650 at 3.75%$484.65
104,650 at 3.76%$485.24
104,650 at 3.77%$485.84
104,650 at 3.78%$486.43
104,650 at 3.79%$487.03
104,650 at 3.8%$487.62
104,650 at 3.81%$488.22
104,650 at 3.82%$488.82
104,650 at 3.83%$489.41
104,650 at 3.84%$490.01
104,650 at 3.85%$490.61
104,650 at 3.86%$491.21
104,650 at 3.87%$491.80
104,650 at 3.88%$492.40
104,650 at 3.89%$493.00
104,650 at 3.9%$493.60
104,650 at 3.91%$494.20
104,650 at 3.92%$494.80
104,650 at 3.93%$495.40
104,650 at 3.94%$496.00
104,650 at 3.95%$496.60
104,650 at 3.96%$497.20
104,650 at 3.97%$497.81
104,650 at 3.98%$498.41
104,650 at 3.99%$499.01
104,650 at 4%$499.62
104,650 at 4.01%$500.22
104,650 at 4.02%$500.82
104,650 at 4.03%$501.43
104,650 at 4.04%$502.03
104,650 at 4.05%$502.64
104,650 at 4.06%$503.24
104,650 at 4.07%$503.85
104,650 at 4.08%$504.45
104,650 at 4.09%$505.06
104,650 at 4.1%$505.67
104,650 at 4.11%$506.27
104,650 at 4.12%$506.88
104,650 at 4.13%$507.49
104,650 at 4.14%$508.10
104,650 at 4.15%$508.71
104,650 at 4.16%$509.32
104,650 at 4.17%$509.93
104,650 at 4.18%$510.54
104,650 at 4.19%$511.15
104,650 at 4.2%$511.76
104,650 at 4.21%$512.37
104,650 at 4.22%$512.98
104,650 at 4.23%$513.59
104,650 at 4.24%$514.20
104,650 at 4.25%$514.82
104,650 at 4.26%$515.43
104,650 at 4.27%$516.04
104,650 at 4.28%$516.65
104,650 at 4.29%$517.27
104,650 at 4.3%$517.88
104,650 at 4.31%$518.50
104,650 at 4.32%$519.11
104,650 at 4.33%$519.73
104,650 at 4.34%$520.34
104,650 at 4.35%$520.96
104,650 at 4.36%$521.58
104,650 at 4.37%$522.19
104,650 at 4.38%$522.81
104,650 at 4.39%$523.43
104,650 at 4.4%$524.05
104,650 at 4.41%$524.66
104,650 at 4.42%$525.28
104,650 at 4.43%$525.90
104,650 at 4.44%$526.52
104,650 at 4.45%$527.14
104,650 at 4.46%$527.76
104,650 at 4.47%$528.38
104,650 at 4.48%$529.00
104,650 at 4.49%$529.62
104,650 at 4.5%$530.25
104,650 at 4.51%$530.87
104,650 at 4.52%$531.49
104,650 at 4.53%$532.11
104,650 at 4.54%$532.74
104,650 at 4.55%$533.36
104,650 at 4.56%$533.98
104,650 at 4.57%$534.61
104,650 at 4.58%$535.23
104,650 at 4.59%$535.86
104,650 at 4.6%$536.48
104,650 at 4.61%$537.11
104,650 at 4.62%$537.73
104,650 at 4.63%$538.36
104,650 at 4.64%$538.99
104,650 at 4.65%$539.61
104,650 at 4.66%$540.24
104,650 at 4.67%$540.87
104,650 at 4.68%$541.50
104,650 at 4.69%$542.13
104,650 at 4.7%$542.75
104,650 at 4.71%$543.38
104,650 at 4.72%$544.01
104,650 at 4.73%$544.64
104,650 at 4.74%$545.27
104,650 at 4.75%$545.90
104,650 at 4.76%$546.53
104,650 at 4.77%$547.17
104,650 at 4.78%$547.80
104,650 at 4.79%$548.43
104,650 at 4.8%$549.06
104,650 at 4.81%$549.70
104,650 at 4.82%$550.33
104,650 at 4.83%$550.96
104,650 at 4.84%$551.60
104,650 at 4.85%$552.23
104,650 at 4.86%$552.86
104,650 at 4.87%$553.50
104,650 at 4.88%$554.13
104,650 at 4.89%$554.77
104,650 at 4.9%$555.41
104,650 at 4.91%$556.04
104,650 at 4.92%$556.68
104,650 at 4.93%$557.32
104,650 at 4.94%$557.95
104,650 at 4.95%$558.59
104,650 at 4.96%$559.23
104,650 at 4.97%$559.87
104,650 at 4.98%$560.51
104,650 at 4.99%$561.14
104,650 at 5%$561.78
Interest Rate 30 Year
104,650 at 5.01%$562.42
104,650 at 5.02%$563.06
104,650 at 5.03%$563.70
104,650 at 5.04%$564.34
104,650 at 5.05%$564.99
104,650 at 5.06%$565.63
104,650 at 5.07%$566.27
104,650 at 5.08%$566.91
104,650 at 5.09%$567.55
104,650 at 5.1%$568.20
104,650 at 5.11%$568.84
104,650 at 5.12%$569.48
104,650 at 5.13%$570.13
104,650 at 5.14%$570.77
104,650 at 5.15%$571.42
104,650 at 5.16%$572.06
104,650 at 5.17%$572.71
104,650 at 5.18%$573.35
104,650 at 5.19%$574.00
104,650 at 5.2%$574.64
104,650 at 5.21%$575.29
104,650 at 5.22%$575.94
104,650 at 5.23%$576.59
104,650 at 5.24%$577.23
104,650 at 5.25%$577.88
104,650 at 5.26%$578.53
104,650 at 5.27%$579.18
104,650 at 5.28%$579.83
104,650 at 5.29%$580.48
104,650 at 5.3%$581.13
104,650 at 5.31%$581.78
104,650 at 5.32%$582.43
104,650 at 5.33%$583.08
104,650 at 5.34%$583.73
104,650 at 5.35%$584.38
104,650 at 5.36%$585.03
104,650 at 5.37%$585.68
104,650 at 5.38%$586.34
104,650 at 5.39%$586.99
104,650 at 5.4%$587.64
104,650 at 5.41%$588.30
104,650 at 5.42%$588.95
104,650 at 5.43%$589.60
104,650 at 5.44%$590.26
104,650 at 5.45%$590.91
104,650 at 5.46%$591.57
104,650 at 5.47%$592.22
104,650 at 5.48%$592.88
104,650 at 5.49%$593.53
104,650 at 5.5%$594.19
104,650 at 5.51%$594.85
104,650 at 5.52%$595.51
104,650 at 5.53%$596.16
104,650 at 5.54%$596.82
104,650 at 5.55%$597.48
104,650 at 5.56%$598.14
104,650 at 5.57%$598.80
104,650 at 5.58%$599.45
104,650 at 5.59%$600.11
104,650 at 5.6%$600.77
104,650 at 5.61%$601.43
104,650 at 5.62%$602.09
104,650 at 5.63%$602.75
104,650 at 5.64%$603.42
104,650 at 5.65%$604.08
104,650 at 5.66%$604.74
104,650 at 5.67%$605.40
104,650 at 5.68%$606.06
104,650 at 5.69%$606.73
104,650 at 5.7%$607.39
104,650 at 5.71%$608.05
104,650 at 5.72%$608.72
104,650 at 5.73%$609.38
104,650 at 5.74%$610.04
104,650 at 5.75%$610.71
104,650 at 5.76%$611.37
104,650 at 5.77%$612.04
104,650 at 5.78%$612.70
104,650 at 5.79%$613.37
104,650 at 5.8%$614.04
104,650 at 5.81%$614.70
104,650 at 5.82%$615.37
104,650 at 5.83%$616.04
104,650 at 5.84%$616.71
104,650 at 5.85%$617.37
104,650 at 5.86%$618.04
104,650 at 5.87%$618.71
104,650 at 5.88%$619.38
104,650 at 5.89%$620.05
104,650 at 5.9%$620.72
104,650 at 5.91%$621.39
104,650 at 5.92%$622.06
104,650 at 5.93%$622.73
104,650 at 5.94%$623.40
104,650 at 5.95%$624.07
104,650 at 5.96%$624.74
104,650 at 5.97%$625.41
104,650 at 5.98%$626.08
104,650 at 5.99%$626.76
104,650 at 6%$627.43
104,650 at 6.01%$628.10
104,650 at 6.02%$628.78
104,650 at 6.03%$629.45
104,650 at 6.04%$630.12
104,650 at 6.05%$630.80
104,650 at 6.06%$631.47
104,650 at 6.07%$632.15
104,650 at 6.08%$632.82
104,650 at 6.09%$633.50
104,650 at 6.1%$634.17
104,650 at 6.11%$634.85
104,650 at 6.12%$635.53
104,650 at 6.13%$636.20
104,650 at 6.14%$636.88
104,650 at 6.15%$637.56
104,650 at 6.16%$638.23
104,650 at 6.17%$638.91
104,650 at 6.18%$639.59
104,650 at 6.19%$640.27
104,650 at 6.2%$640.95
104,650 at 6.21%$641.63
104,650 at 6.22%$642.31
104,650 at 6.23%$642.99
104,650 at 6.24%$643.67
104,650 at 6.25%$644.35
104,650 at 6.26%$645.03
104,650 at 6.27%$645.71
104,650 at 6.28%$646.39
104,650 at 6.29%$647.07
104,650 at 6.3%$647.76
104,650 at 6.31%$648.44
104,650 at 6.32%$649.12
104,650 at 6.33%$649.80
104,650 at 6.34%$650.49
104,650 at 6.35%$651.17
104,650 at 6.36%$651.85
104,650 at 6.37%$652.54
104,650 at 6.38%$653.22
104,650 at 6.39%$653.91
104,650 at 6.4%$654.59
104,650 at 6.41%$655.28
104,650 at 6.42%$655.96
104,650 at 6.43%$656.65
104,650 at 6.44%$657.34
104,650 at 6.45%$658.02
104,650 at 6.46%$658.71
104,650 at 6.47%$659.40
104,650 at 6.48%$660.08
104,650 at 6.49%$660.77
104,650 at 6.5%$661.46
Interest Rate 30 Year
104,650 at 6.51%$662.15
104,650 at 6.52%$662.84
104,650 at 6.53%$663.53
104,650 at 6.54%$664.21
104,650 at 6.55%$664.90
104,650 at 6.56%$665.59
104,650 at 6.57%$666.28
104,650 at 6.58%$666.97
104,650 at 6.59%$667.67
104,650 at 6.6%$668.36
104,650 at 6.61%$669.05
104,650 at 6.62%$669.74
104,650 at 6.63%$670.43
104,650 at 6.64%$671.12
104,650 at 6.65%$671.82
104,650 at 6.66%$672.51
104,650 at 6.67%$673.20
104,650 at 6.68%$673.90
104,650 at 6.69%$674.59
104,650 at 6.7%$675.28
104,650 at 6.71%$675.98
104,650 at 6.72%$676.67
104,650 at 6.73%$677.37
104,650 at 6.74%$678.06
104,650 at 6.75%$678.76
104,650 at 6.76%$679.45
104,650 at 6.77%$680.15
104,650 at 6.78%$680.85
104,650 at 6.79%$681.54
104,650 at 6.8%$682.24
104,650 at 6.81%$682.94
104,650 at 6.82%$683.63
104,650 at 6.83%$684.33
104,650 at 6.84%$685.03
104,650 at 6.85%$685.73
104,650 at 6.86%$686.43
104,650 at 6.87%$687.13
104,650 at 6.88%$687.83
104,650 at 6.89%$688.53
104,650 at 6.9%$689.23
104,650 at 6.91%$689.93
104,650 at 6.92%$690.63
104,650 at 6.93%$691.33
104,650 at 6.94%$692.03
104,650 at 6.95%$692.73
104,650 at 6.96%$693.43
104,650 at 6.97%$694.13
104,650 at 6.98%$694.83
104,650 at 6.99%$695.54
104,650 at 7%$696.24
104,650 at 7.01%$696.94
104,650 at 7.02%$697.65
104,650 at 7.03%$698.35
104,650 at 7.04%$699.05
104,650 at 7.05%$699.76
104,650 at 7.06%$700.46
104,650 at 7.07%$701.17
104,650 at 7.08%$701.87
104,650 at 7.09%$702.58
104,650 at 7.1%$703.28
104,650 at 7.11%$703.99
104,650 at 7.12%$704.69
104,650 at 7.13%$705.40
104,650 at 7.14%$706.11
104,650 at 7.15%$706.81
104,650 at 7.16%$707.52
104,650 at 7.17%$708.23
104,650 at 7.18%$708.94
104,650 at 7.19%$709.64
104,650 at 7.2%$710.35
104,650 at 7.21%$711.06
104,650 at 7.22%$711.77
104,650 at 7.23%$712.48
104,650 at 7.24%$713.19
104,650 at 7.25%$713.90
104,650 at 7.26%$714.61
104,650 at 7.27%$715.32
104,650 at 7.28%$716.03
104,650 at 7.29%$716.74
104,650 at 7.3%$717.45
104,650 at 7.31%$718.16
104,650 at 7.32%$718.87
104,650 at 7.33%$719.58
104,650 at 7.34%$720.30
104,650 at 7.35%$721.01
104,650 at 7.36%$721.72
104,650 at 7.37%$722.43
104,650 at 7.38%$723.15
104,650 at 7.39%$723.86
104,650 at 7.4%$724.58
104,650 at 7.41%$725.29
104,650 at 7.42%$726.00
104,650 at 7.43%$726.72
104,650 at 7.44%$727.43
104,650 at 7.45%$728.15
104,650 at 7.46%$728.86
104,650 at 7.47%$729.58
104,650 at 7.48%$730.30
104,650 at 7.49%$731.01
104,650 at 7.5%$731.73
104,650 at 7.51%$732.44
104,650 at 7.52%$733.16
104,650 at 7.53%$733.88
104,650 at 7.54%$734.60
104,650 at 7.55%$735.31
104,650 at 7.56%$736.03
104,650 at 7.57%$736.75
104,650 at 7.58%$737.47
104,650 at 7.59%$738.19
104,650 at 7.6%$738.91
104,650 at 7.61%$739.63
104,650 at 7.62%$740.35
104,650 at 7.63%$741.07
104,650 at 7.64%$741.79
104,650 at 7.65%$742.51
104,650 at 7.66%$743.23
104,650 at 7.67%$743.95
104,650 at 7.68%$744.67
104,650 at 7.69%$745.39
104,650 at 7.7%$746.11
104,650 at 7.71%$746.83
104,650 at 7.72%$747.56
104,650 at 7.73%$748.28
104,650 at 7.74%$749.00
104,650 at 7.75%$749.73
104,650 at 7.76%$750.45
104,650 at 7.77%$751.17
104,650 at 7.78%$751.90
104,650 at 7.79%$752.62
104,650 at 7.8%$753.34
104,650 at 7.81%$754.07
104,650 at 7.82%$754.79
104,650 at 7.83%$755.52
104,650 at 7.84%$756.24
104,650 at 7.85%$756.97
104,650 at 7.86%$757.70
104,650 at 7.87%$758.42
104,650 at 7.88%$759.15
104,650 at 7.89%$759.87
104,650 at 7.9%$760.60
104,650 at 7.91%$761.33
104,650 at 7.92%$762.06
104,650 at 7.93%$762.78
104,650 at 7.94%$763.51
104,650 at 7.95%$764.24
104,650 at 7.96%$764.97
104,650 at 7.97%$765.70
104,650 at 7.98%$766.43
104,650 at 7.99%$767.16
104,650 at 8%$767.88
More Amounts
What is the down payment for a $104,650 house? How much do you need to put down?
Percent Down Down Payment
1%1,047
2%2,093
3%3,140
4%4,186
5%5,233
6%6,279
7%7,326
8%8,372
9%9,419
10%10,465
11%11,512
12%12,558
13%13,605
14%14,651
15%15,698
16%16,744
17%17,791
18%18,837
19%19,884
20%20,930
Percent Down Down Payment
21%21,977
22%23,023
23%24,070
24%25,116
25%26,163
26%27,209
27%28,256
28%29,302
29%30,349
30%31,395
31%32,442
32%33,488
33%34,535
34%35,581
35%36,628
36%37,674
37%38,721
38%39,767
39%40,814
40%41,860
Percent Down Down Payment
41%42,907
42%43,953
43%45,000
44%46,046
45%47,093
46%48,139
47%49,186
48%50,232
49%51,279
50%52,325
51%53,372
52%54,418
53%55,465
54%56,511
55%57,558
56%58,604
57%59,651
58%60,697
59%61,744
60%62,790
Percent Down Down Payment
61%63,837
62%64,883
63%65,930
64%66,976
65%68,023
66%69,069
67%70,116
68%71,162
69%72,209
70%73,255
71%74,302
72%75,348
73%76,395
74%77,441
75%78,488
76%79,534
77%80,581
78%81,627
79%82,674
80%83,720
Percent Down Down Payment
81%84,767
82%85,813
83%86,860
84%87,906
85%88,953
86%89,999
87%91,046
88%92,092
89%93,139
90%94,185
91%95,232
92%96,278
93%97,325
94%98,371
95%99,418
96%100,464
97%101,511
98%102,557
99%103,604
100%104,650
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.