$105,350 Mortgage for 30 Years

What is the monthly payment of a 105,350 dollar loan?
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Loan Tables for a $105,350 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 $105,350 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
105,350 at 2.01%$389.92
105,350 at 2.02%$390.45
105,350 at 2.03%$390.98
105,350 at 2.04%$391.50
105,350 at 2.05%$392.03
105,350 at 2.06%$392.56
105,350 at 2.07%$393.09
105,350 at 2.08%$393.62
105,350 at 2.09%$394.15
105,350 at 2.1%$394.68
105,350 at 2.11%$395.21
105,350 at 2.12%$395.75
105,350 at 2.13%$396.28
105,350 at 2.14%$396.81
105,350 at 2.15%$397.34
105,350 at 2.16%$397.88
105,350 at 2.17%$398.41
105,350 at 2.18%$398.95
105,350 at 2.19%$399.48
105,350 at 2.2%$400.01
105,350 at 2.21%$400.55
105,350 at 2.22%$401.09
105,350 at 2.23%$401.62
105,350 at 2.24%$402.16
105,350 at 2.25%$402.70
105,350 at 2.26%$403.23
105,350 at 2.27%$403.77
105,350 at 2.28%$404.31
105,350 at 2.29%$404.85
105,350 at 2.3%$405.39
105,350 at 2.31%$405.93
105,350 at 2.32%$406.47
105,350 at 2.33%$407.01
105,350 at 2.34%$407.55
105,350 at 2.35%$408.09
105,350 at 2.36%$408.63
105,350 at 2.37%$409.17
105,350 at 2.38%$409.72
105,350 at 2.39%$410.26
105,350 at 2.4%$410.80
105,350 at 2.41%$411.35
105,350 at 2.42%$411.89
105,350 at 2.43%$412.44
105,350 at 2.44%$412.98
105,350 at 2.45%$413.53
105,350 at 2.46%$414.07
105,350 at 2.47%$414.62
105,350 at 2.48%$415.17
105,350 at 2.49%$415.71
105,350 at 2.5%$416.26
105,350 at 2.51%$416.81
105,350 at 2.52%$417.36
105,350 at 2.53%$417.90
105,350 at 2.54%$418.45
105,350 at 2.55%$419.00
105,350 at 2.56%$419.55
105,350 at 2.57%$420.10
105,350 at 2.58%$420.65
105,350 at 2.59%$421.21
105,350 at 2.6%$421.76
105,350 at 2.61%$422.31
105,350 at 2.62%$422.86
105,350 at 2.63%$423.42
105,350 at 2.64%$423.97
105,350 at 2.65%$424.52
105,350 at 2.66%$425.08
105,350 at 2.67%$425.63
105,350 at 2.68%$426.19
105,350 at 2.69%$426.74
105,350 at 2.7%$427.30
105,350 at 2.71%$427.85
105,350 at 2.72%$428.41
105,350 at 2.73%$428.97
105,350 at 2.74%$429.52
105,350 at 2.75%$430.08
105,350 at 2.76%$430.64
105,350 at 2.77%$431.20
105,350 at 2.78%$431.76
105,350 at 2.79%$432.32
105,350 at 2.8%$432.88
105,350 at 2.81%$433.44
105,350 at 2.82%$434.00
105,350 at 2.83%$434.56
105,350 at 2.84%$435.12
105,350 at 2.85%$435.68
105,350 at 2.86%$436.25
105,350 at 2.87%$436.81
105,350 at 2.88%$437.37
105,350 at 2.89%$437.93
105,350 at 2.9%$438.50
105,350 at 2.91%$439.06
105,350 at 2.92%$439.63
105,350 at 2.93%$440.19
105,350 at 2.94%$440.76
105,350 at 2.95%$441.32
105,350 at 2.96%$441.89
105,350 at 2.97%$442.46
105,350 at 2.98%$443.02
105,350 at 2.99%$443.59
105,350 at 3%$444.16
105,350 at 3.01%$444.73
105,350 at 3.02%$445.30
105,350 at 3.03%$445.87
105,350 at 3.04%$446.44
105,350 at 3.05%$447.01
105,350 at 3.06%$447.58
105,350 at 3.07%$448.15
105,350 at 3.08%$448.72
105,350 at 3.09%$449.29
105,350 at 3.1%$449.86
105,350 at 3.11%$450.43
105,350 at 3.12%$451.01
105,350 at 3.13%$451.58
105,350 at 3.14%$452.15
105,350 at 3.15%$452.73
105,350 at 3.16%$453.30
105,350 at 3.17%$453.88
105,350 at 3.18%$454.45
105,350 at 3.19%$455.03
105,350 at 3.2%$455.60
105,350 at 3.21%$456.18
105,350 at 3.22%$456.76
105,350 at 3.23%$457.33
105,350 at 3.24%$457.91
105,350 at 3.25%$458.49
105,350 at 3.26%$459.07
105,350 at 3.27%$459.65
105,350 at 3.28%$460.23
105,350 at 3.29%$460.81
105,350 at 3.3%$461.39
105,350 at 3.31%$461.97
105,350 at 3.32%$462.55
105,350 at 3.33%$463.13
105,350 at 3.34%$463.71
105,350 at 3.35%$464.29
105,350 at 3.36%$464.87
105,350 at 3.37%$465.46
105,350 at 3.38%$466.04
105,350 at 3.39%$466.62
105,350 at 3.4%$467.21
105,350 at 3.41%$467.79
105,350 at 3.42%$468.38
105,350 at 3.43%$468.96
105,350 at 3.44%$469.55
105,350 at 3.45%$470.13
105,350 at 3.46%$470.72
105,350 at 3.47%$471.31
105,350 at 3.48%$471.89
105,350 at 3.49%$472.48
105,350 at 3.5%$473.07
Interest Rate 30 Year
105,350 at 3.51%$473.66
105,350 at 3.52%$474.25
105,350 at 3.53%$474.83
105,350 at 3.54%$475.42
105,350 at 3.55%$476.01
105,350 at 3.56%$476.60
105,350 at 3.57%$477.19
105,350 at 3.58%$477.79
105,350 at 3.59%$478.38
105,350 at 3.6%$478.97
105,350 at 3.61%$479.56
105,350 at 3.62%$480.15
105,350 at 3.63%$480.75
105,350 at 3.64%$481.34
105,350 at 3.65%$481.93
105,350 at 3.66%$482.53
105,350 at 3.67%$483.12
105,350 at 3.68%$483.72
105,350 at 3.69%$484.31
105,350 at 3.7%$484.91
105,350 at 3.71%$485.50
105,350 at 3.72%$486.10
105,350 at 3.73%$486.70
105,350 at 3.74%$487.29
105,350 at 3.75%$487.89
105,350 at 3.76%$488.49
105,350 at 3.77%$489.09
105,350 at 3.78%$489.69
105,350 at 3.79%$490.29
105,350 at 3.8%$490.89
105,350 at 3.81%$491.49
105,350 at 3.82%$492.09
105,350 at 3.83%$492.69
105,350 at 3.84%$493.29
105,350 at 3.85%$493.89
105,350 at 3.86%$494.49
105,350 at 3.87%$495.09
105,350 at 3.88%$495.70
105,350 at 3.89%$496.30
105,350 at 3.9%$496.90
105,350 at 3.91%$497.51
105,350 at 3.92%$498.11
105,350 at 3.93%$498.71
105,350 at 3.94%$499.32
105,350 at 3.95%$499.92
105,350 at 3.96%$500.53
105,350 at 3.97%$501.14
105,350 at 3.98%$501.74
105,350 at 3.99%$502.35
105,350 at 4%$502.96
105,350 at 4.01%$503.56
105,350 at 4.02%$504.17
105,350 at 4.03%$504.78
105,350 at 4.04%$505.39
105,350 at 4.05%$506.00
105,350 at 4.06%$506.61
105,350 at 4.07%$507.22
105,350 at 4.08%$507.83
105,350 at 4.09%$508.44
105,350 at 4.1%$509.05
105,350 at 4.11%$509.66
105,350 at 4.12%$510.27
105,350 at 4.13%$510.88
105,350 at 4.14%$511.50
105,350 at 4.15%$512.11
105,350 at 4.16%$512.72
105,350 at 4.17%$513.34
105,350 at 4.18%$513.95
105,350 at 4.19%$514.56
105,350 at 4.2%$515.18
105,350 at 4.21%$515.79
105,350 at 4.22%$516.41
105,350 at 4.23%$517.03
105,350 at 4.24%$517.64
105,350 at 4.25%$518.26
105,350 at 4.26%$518.88
105,350 at 4.27%$519.49
105,350 at 4.28%$520.11
105,350 at 4.29%$520.73
105,350 at 4.3%$521.35
105,350 at 4.31%$521.97
105,350 at 4.32%$522.59
105,350 at 4.33%$523.20
105,350 at 4.34%$523.82
105,350 at 4.35%$524.44
105,350 at 4.36%$525.07
105,350 at 4.37%$525.69
105,350 at 4.38%$526.31
105,350 at 4.39%$526.93
105,350 at 4.4%$527.55
105,350 at 4.41%$528.17
105,350 at 4.42%$528.80
105,350 at 4.43%$529.42
105,350 at 4.44%$530.04
105,350 at 4.45%$530.67
105,350 at 4.46%$531.29
105,350 at 4.47%$531.92
105,350 at 4.48%$532.54
105,350 at 4.49%$533.17
105,350 at 4.5%$533.79
105,350 at 4.51%$534.42
105,350 at 4.52%$535.05
105,350 at 4.53%$535.67
105,350 at 4.54%$536.30
105,350 at 4.55%$536.93
105,350 at 4.56%$537.56
105,350 at 4.57%$538.18
105,350 at 4.58%$538.81
105,350 at 4.59%$539.44
105,350 at 4.6%$540.07
105,350 at 4.61%$540.70
105,350 at 4.62%$541.33
105,350 at 4.63%$541.96
105,350 at 4.64%$542.59
105,350 at 4.65%$543.22
105,350 at 4.66%$543.85
105,350 at 4.67%$544.49
105,350 at 4.68%$545.12
105,350 at 4.69%$545.75
105,350 at 4.7%$546.38
105,350 at 4.71%$547.02
105,350 at 4.72%$547.65
105,350 at 4.73%$548.29
105,350 at 4.74%$548.92
105,350 at 4.75%$549.56
105,350 at 4.76%$550.19
105,350 at 4.77%$550.83
105,350 at 4.78%$551.46
105,350 at 4.79%$552.10
105,350 at 4.8%$552.73
105,350 at 4.81%$553.37
105,350 at 4.82%$554.01
105,350 at 4.83%$554.65
105,350 at 4.84%$555.28
105,350 at 4.85%$555.92
105,350 at 4.86%$556.56
105,350 at 4.87%$557.20
105,350 at 4.88%$557.84
105,350 at 4.89%$558.48
105,350 at 4.9%$559.12
105,350 at 4.91%$559.76
105,350 at 4.92%$560.40
105,350 at 4.93%$561.04
105,350 at 4.94%$561.68
105,350 at 4.95%$562.33
105,350 at 4.96%$562.97
105,350 at 4.97%$563.61
105,350 at 4.98%$564.25
105,350 at 4.99%$564.90
105,350 at 5%$565.54
Interest Rate 30 Year
105,350 at 5.01%$566.19
105,350 at 5.02%$566.83
105,350 at 5.03%$567.47
105,350 at 5.04%$568.12
105,350 at 5.05%$568.77
105,350 at 5.06%$569.41
105,350 at 5.07%$570.06
105,350 at 5.08%$570.70
105,350 at 5.09%$571.35
105,350 at 5.1%$572.00
105,350 at 5.11%$572.65
105,350 at 5.12%$573.29
105,350 at 5.13%$573.94
105,350 at 5.14%$574.59
105,350 at 5.15%$575.24
105,350 at 5.16%$575.89
105,350 at 5.17%$576.54
105,350 at 5.18%$577.19
105,350 at 5.19%$577.84
105,350 at 5.2%$578.49
105,350 at 5.21%$579.14
105,350 at 5.22%$579.79
105,350 at 5.23%$580.44
105,350 at 5.24%$581.09
105,350 at 5.25%$581.75
105,350 at 5.26%$582.40
105,350 at 5.27%$583.05
105,350 at 5.28%$583.71
105,350 at 5.29%$584.36
105,350 at 5.3%$585.01
105,350 at 5.31%$585.67
105,350 at 5.32%$586.32
105,350 at 5.33%$586.98
105,350 at 5.34%$587.63
105,350 at 5.35%$588.29
105,350 at 5.36%$588.94
105,350 at 5.37%$589.60
105,350 at 5.38%$590.26
105,350 at 5.39%$590.92
105,350 at 5.4%$591.57
105,350 at 5.41%$592.23
105,350 at 5.42%$592.89
105,350 at 5.43%$593.55
105,350 at 5.44%$594.21
105,350 at 5.45%$594.86
105,350 at 5.46%$595.52
105,350 at 5.47%$596.18
105,350 at 5.48%$596.84
105,350 at 5.49%$597.50
105,350 at 5.5%$598.17
105,350 at 5.51%$598.83
105,350 at 5.52%$599.49
105,350 at 5.53%$600.15
105,350 at 5.54%$600.81
105,350 at 5.55%$601.47
105,350 at 5.56%$602.14
105,350 at 5.57%$602.80
105,350 at 5.58%$603.46
105,350 at 5.59%$604.13
105,350 at 5.6%$604.79
105,350 at 5.61%$605.46
105,350 at 5.62%$606.12
105,350 at 5.63%$606.79
105,350 at 5.64%$607.45
105,350 at 5.65%$608.12
105,350 at 5.66%$608.78
105,350 at 5.67%$609.45
105,350 at 5.68%$610.12
105,350 at 5.69%$610.78
105,350 at 5.7%$611.45
105,350 at 5.71%$612.12
105,350 at 5.72%$612.79
105,350 at 5.73%$613.46
105,350 at 5.74%$614.12
105,350 at 5.75%$614.79
105,350 at 5.76%$615.46
105,350 at 5.77%$616.13
105,350 at 5.78%$616.80
105,350 at 5.79%$617.47
105,350 at 5.8%$618.14
105,350 at 5.81%$618.82
105,350 at 5.82%$619.49
105,350 at 5.83%$620.16
105,350 at 5.84%$620.83
105,350 at 5.85%$621.50
105,350 at 5.86%$622.18
105,350 at 5.87%$622.85
105,350 at 5.88%$623.52
105,350 at 5.89%$624.20
105,350 at 5.9%$624.87
105,350 at 5.91%$625.54
105,350 at 5.92%$626.22
105,350 at 5.93%$626.89
105,350 at 5.94%$627.57
105,350 at 5.95%$628.24
105,350 at 5.96%$628.92
105,350 at 5.97%$629.60
105,350 at 5.98%$630.27
105,350 at 5.99%$630.95
105,350 at 6%$631.63
105,350 at 6.01%$632.30
105,350 at 6.02%$632.98
105,350 at 6.03%$633.66
105,350 at 6.04%$634.34
105,350 at 6.05%$635.02
105,350 at 6.06%$635.70
105,350 at 6.07%$636.38
105,350 at 6.08%$637.06
105,350 at 6.09%$637.74
105,350 at 6.1%$638.42
105,350 at 6.11%$639.10
105,350 at 6.12%$639.78
105,350 at 6.13%$640.46
105,350 at 6.14%$641.14
105,350 at 6.15%$641.82
105,350 at 6.16%$642.50
105,350 at 6.17%$643.19
105,350 at 6.18%$643.87
105,350 at 6.19%$644.55
105,350 at 6.2%$645.24
105,350 at 6.21%$645.92
105,350 at 6.22%$646.60
105,350 at 6.23%$647.29
105,350 at 6.24%$647.97
105,350 at 6.25%$648.66
105,350 at 6.26%$649.34
105,350 at 6.27%$650.03
105,350 at 6.28%$650.71
105,350 at 6.29%$651.40
105,350 at 6.3%$652.09
105,350 at 6.31%$652.77
105,350 at 6.32%$653.46
105,350 at 6.33%$654.15
105,350 at 6.34%$654.84
105,350 at 6.35%$655.53
105,350 at 6.36%$656.21
105,350 at 6.37%$656.90
105,350 at 6.38%$657.59
105,350 at 6.39%$658.28
105,350 at 6.4%$658.97
105,350 at 6.41%$659.66
105,350 at 6.42%$660.35
105,350 at 6.43%$661.04
105,350 at 6.44%$661.73
105,350 at 6.45%$662.42
105,350 at 6.46%$663.11
105,350 at 6.47%$663.81
105,350 at 6.48%$664.50
105,350 at 6.49%$665.19
105,350 at 6.5%$665.88
Interest Rate 30 Year
105,350 at 6.51%$666.58
105,350 at 6.52%$667.27
105,350 at 6.53%$667.96
105,350 at 6.54%$668.66
105,350 at 6.55%$669.35
105,350 at 6.56%$670.05
105,350 at 6.57%$670.74
105,350 at 6.58%$671.44
105,350 at 6.59%$672.13
105,350 at 6.6%$672.83
105,350 at 6.61%$673.52
105,350 at 6.62%$674.22
105,350 at 6.63%$674.92
105,350 at 6.64%$675.61
105,350 at 6.65%$676.31
105,350 at 6.66%$677.01
105,350 at 6.67%$677.71
105,350 at 6.68%$678.40
105,350 at 6.69%$679.10
105,350 at 6.7%$679.80
105,350 at 6.71%$680.50
105,350 at 6.72%$681.20
105,350 at 6.73%$681.90
105,350 at 6.74%$682.60
105,350 at 6.75%$683.30
105,350 at 6.76%$684.00
105,350 at 6.77%$684.70
105,350 at 6.78%$685.40
105,350 at 6.79%$686.10
105,350 at 6.8%$686.80
105,350 at 6.81%$687.51
105,350 at 6.82%$688.21
105,350 at 6.83%$688.91
105,350 at 6.84%$689.61
105,350 at 6.85%$690.32
105,350 at 6.86%$691.02
105,350 at 6.87%$691.72
105,350 at 6.88%$692.43
105,350 at 6.89%$693.13
105,350 at 6.9%$693.84
105,350 at 6.91%$694.54
105,350 at 6.92%$695.25
105,350 at 6.93%$695.95
105,350 at 6.94%$696.66
105,350 at 6.95%$697.36
105,350 at 6.96%$698.07
105,350 at 6.97%$698.77
105,350 at 6.98%$699.48
105,350 at 6.99%$700.19
105,350 at 7%$700.90
105,350 at 7.01%$701.60
105,350 at 7.02%$702.31
105,350 at 7.03%$703.02
105,350 at 7.04%$703.73
105,350 at 7.05%$704.44
105,350 at 7.06%$705.15
105,350 at 7.07%$705.86
105,350 at 7.08%$706.57
105,350 at 7.09%$707.28
105,350 at 7.1%$707.99
105,350 at 7.11%$708.70
105,350 at 7.12%$709.41
105,350 at 7.13%$710.12
105,350 at 7.14%$710.83
105,350 at 7.15%$711.54
105,350 at 7.16%$712.25
105,350 at 7.17%$712.97
105,350 at 7.18%$713.68
105,350 at 7.19%$714.39
105,350 at 7.2%$715.10
105,350 at 7.21%$715.82
105,350 at 7.22%$716.53
105,350 at 7.23%$717.24
105,350 at 7.24%$717.96
105,350 at 7.25%$718.67
105,350 at 7.26%$719.39
105,350 at 7.27%$720.10
105,350 at 7.28%$720.82
105,350 at 7.29%$721.53
105,350 at 7.3%$722.25
105,350 at 7.31%$722.97
105,350 at 7.32%$723.68
105,350 at 7.33%$724.40
105,350 at 7.34%$725.11
105,350 at 7.35%$725.83
105,350 at 7.36%$726.55
105,350 at 7.37%$727.27
105,350 at 7.38%$727.99
105,350 at 7.39%$728.70
105,350 at 7.4%$729.42
105,350 at 7.41%$730.14
105,350 at 7.42%$730.86
105,350 at 7.43%$731.58
105,350 at 7.44%$732.30
105,350 at 7.45%$733.02
105,350 at 7.46%$733.74
105,350 at 7.47%$734.46
105,350 at 7.48%$735.18
105,350 at 7.49%$735.90
105,350 at 7.5%$736.62
105,350 at 7.51%$737.34
105,350 at 7.52%$738.07
105,350 at 7.53%$738.79
105,350 at 7.54%$739.51
105,350 at 7.55%$740.23
105,350 at 7.56%$740.96
105,350 at 7.57%$741.68
105,350 at 7.58%$742.40
105,350 at 7.59%$743.13
105,350 at 7.6%$743.85
105,350 at 7.61%$744.57
105,350 at 7.62%$745.30
105,350 at 7.63%$746.02
105,350 at 7.64%$746.75
105,350 at 7.65%$747.47
105,350 at 7.66%$748.20
105,350 at 7.67%$748.92
105,350 at 7.68%$749.65
105,350 at 7.69%$750.38
105,350 at 7.7%$751.10
105,350 at 7.71%$751.83
105,350 at 7.72%$752.56
105,350 at 7.73%$753.28
105,350 at 7.74%$754.01
105,350 at 7.75%$754.74
105,350 at 7.76%$755.47
105,350 at 7.77%$756.20
105,350 at 7.78%$756.93
105,350 at 7.79%$757.65
105,350 at 7.8%$758.38
105,350 at 7.81%$759.11
105,350 at 7.82%$759.84
105,350 at 7.83%$760.57
105,350 at 7.84%$761.30
105,350 at 7.85%$762.03
105,350 at 7.86%$762.76
105,350 at 7.87%$763.50
105,350 at 7.88%$764.23
105,350 at 7.89%$764.96
105,350 at 7.9%$765.69
105,350 at 7.91%$766.42
105,350 at 7.92%$767.15
105,350 at 7.93%$767.89
105,350 at 7.94%$768.62
105,350 at 7.95%$769.35
105,350 at 7.96%$770.09
105,350 at 7.97%$770.82
105,350 at 7.98%$771.55
105,350 at 7.99%$772.29
105,350 at 8%$773.02
More Amounts
What is the down payment for a $105,350 house? How much do you need to put down?
Percent Down Down Payment
1%1,054
2%2,107
3%3,161
4%4,214
5%5,268
6%6,321
7%7,375
8%8,428
9%9,482
10%10,535
11%11,589
12%12,642
13%13,696
14%14,749
15%15,803
16%16,856
17%17,910
18%18,963
19%20,017
20%21,070
Percent Down Down Payment
21%22,124
22%23,177
23%24,231
24%25,284
25%26,338
26%27,391
27%28,445
28%29,498
29%30,552
30%31,605
31%32,659
32%33,712
33%34,766
34%35,819
35%36,873
36%37,926
37%38,980
38%40,033
39%41,087
40%42,140
Percent Down Down Payment
41%43,194
42%44,247
43%45,301
44%46,354
45%47,408
46%48,461
47%49,515
48%50,568
49%51,622
50%52,675
51%53,729
52%54,782
53%55,836
54%56,889
55%57,943
56%58,996
57%60,050
58%61,103
59%62,157
60%63,210
Percent Down Down Payment
61%64,264
62%65,317
63%66,371
64%67,424
65%68,478
66%69,531
67%70,585
68%71,638
69%72,692
70%73,745
71%74,799
72%75,852
73%76,906
74%77,959
75%79,013
76%80,066
77%81,120
78%82,173
79%83,227
80%84,280
Percent Down Down Payment
81%85,334
82%86,387
83%87,441
84%88,494
85%89,548
86%90,601
87%91,655
88%92,708
89%93,762
90%94,815
91%95,869
92%96,922
93%97,976
94%99,029
95%100,083
96%101,136
97%102,190
98%103,243
99%104,297
100%105,350
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.