$105,400 Mortgage for 30 Years

What is the monthly payment of a 105,400 dollar loan?
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Loan Tables for a $105,400 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 $105,400 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
105,400 at 2.01%$390.11
105,400 at 2.02%$390.63
105,400 at 2.03%$391.16
105,400 at 2.04%$391.69
105,400 at 2.05%$392.22
105,400 at 2.06%$392.75
105,400 at 2.07%$393.28
105,400 at 2.08%$393.81
105,400 at 2.09%$394.34
105,400 at 2.1%$394.87
105,400 at 2.11%$395.40
105,400 at 2.12%$395.93
105,400 at 2.13%$396.47
105,400 at 2.14%$397.00
105,400 at 2.15%$397.53
105,400 at 2.16%$398.07
105,400 at 2.17%$398.60
105,400 at 2.18%$399.13
105,400 at 2.19%$399.67
105,400 at 2.2%$400.20
105,400 at 2.21%$400.74
105,400 at 2.22%$401.28
105,400 at 2.23%$401.81
105,400 at 2.24%$402.35
105,400 at 2.25%$402.89
105,400 at 2.26%$403.43
105,400 at 2.27%$403.96
105,400 at 2.28%$404.50
105,400 at 2.29%$405.04
105,400 at 2.3%$405.58
105,400 at 2.31%$406.12
105,400 at 2.32%$406.66
105,400 at 2.33%$407.20
105,400 at 2.34%$407.74
105,400 at 2.35%$408.28
105,400 at 2.36%$408.83
105,400 at 2.37%$409.37
105,400 at 2.38%$409.91
105,400 at 2.39%$410.45
105,400 at 2.4%$411.00
105,400 at 2.41%$411.54
105,400 at 2.42%$412.09
105,400 at 2.43%$412.63
105,400 at 2.44%$413.18
105,400 at 2.45%$413.72
105,400 at 2.46%$414.27
105,400 at 2.47%$414.82
105,400 at 2.48%$415.36
105,400 at 2.49%$415.91
105,400 at 2.5%$416.46
105,400 at 2.51%$417.01
105,400 at 2.52%$417.55
105,400 at 2.53%$418.10
105,400 at 2.54%$418.65
105,400 at 2.55%$419.20
105,400 at 2.56%$419.75
105,400 at 2.57%$420.30
105,400 at 2.58%$420.85
105,400 at 2.59%$421.41
105,400 at 2.6%$421.96
105,400 at 2.61%$422.51
105,400 at 2.62%$423.06
105,400 at 2.63%$423.62
105,400 at 2.64%$424.17
105,400 at 2.65%$424.72
105,400 at 2.66%$425.28
105,400 at 2.67%$425.83
105,400 at 2.68%$426.39
105,400 at 2.69%$426.94
105,400 at 2.7%$427.50
105,400 at 2.71%$428.06
105,400 at 2.72%$428.61
105,400 at 2.73%$429.17
105,400 at 2.74%$429.73
105,400 at 2.75%$430.29
105,400 at 2.76%$430.84
105,400 at 2.77%$431.40
105,400 at 2.78%$431.96
105,400 at 2.79%$432.52
105,400 at 2.8%$433.08
105,400 at 2.81%$433.64
105,400 at 2.82%$434.20
105,400 at 2.83%$434.77
105,400 at 2.84%$435.33
105,400 at 2.85%$435.89
105,400 at 2.86%$436.45
105,400 at 2.87%$437.02
105,400 at 2.88%$437.58
105,400 at 2.89%$438.14
105,400 at 2.9%$438.71
105,400 at 2.91%$439.27
105,400 at 2.92%$439.84
105,400 at 2.93%$440.40
105,400 at 2.94%$440.97
105,400 at 2.95%$441.53
105,400 at 2.96%$442.10
105,400 at 2.97%$442.67
105,400 at 2.98%$443.23
105,400 at 2.99%$443.80
105,400 at 3%$444.37
105,400 at 3.01%$444.94
105,400 at 3.02%$445.51
105,400 at 3.03%$446.08
105,400 at 3.04%$446.65
105,400 at 3.05%$447.22
105,400 at 3.06%$447.79
105,400 at 3.07%$448.36
105,400 at 3.08%$448.93
105,400 at 3.09%$449.50
105,400 at 3.1%$450.08
105,400 at 3.11%$450.65
105,400 at 3.12%$451.22
105,400 at 3.13%$451.79
105,400 at 3.14%$452.37
105,400 at 3.15%$452.94
105,400 at 3.16%$453.52
105,400 at 3.17%$454.09
105,400 at 3.18%$454.67
105,400 at 3.19%$455.24
105,400 at 3.2%$455.82
105,400 at 3.21%$456.40
105,400 at 3.22%$456.97
105,400 at 3.23%$457.55
105,400 at 3.24%$458.13
105,400 at 3.25%$458.71
105,400 at 3.26%$459.29
105,400 at 3.27%$459.87
105,400 at 3.28%$460.44
105,400 at 3.29%$461.02
105,400 at 3.3%$461.60
105,400 at 3.31%$462.19
105,400 at 3.32%$462.77
105,400 at 3.33%$463.35
105,400 at 3.34%$463.93
105,400 at 3.35%$464.51
105,400 at 3.36%$465.09
105,400 at 3.37%$465.68
105,400 at 3.38%$466.26
105,400 at 3.39%$466.84
105,400 at 3.4%$467.43
105,400 at 3.41%$468.01
105,400 at 3.42%$468.60
105,400 at 3.43%$469.18
105,400 at 3.44%$469.77
105,400 at 3.45%$470.36
105,400 at 3.46%$470.94
105,400 at 3.47%$471.53
105,400 at 3.48%$472.12
105,400 at 3.49%$472.70
105,400 at 3.5%$473.29
Interest Rate 30 Year
105,400 at 3.51%$473.88
105,400 at 3.52%$474.47
105,400 at 3.53%$475.06
105,400 at 3.54%$475.65
105,400 at 3.55%$476.24
105,400 at 3.56%$476.83
105,400 at 3.57%$477.42
105,400 at 3.58%$478.01
105,400 at 3.59%$478.60
105,400 at 3.6%$479.20
105,400 at 3.61%$479.79
105,400 at 3.62%$480.38
105,400 at 3.63%$480.97
105,400 at 3.64%$481.57
105,400 at 3.65%$482.16
105,400 at 3.66%$482.76
105,400 at 3.67%$483.35
105,400 at 3.68%$483.95
105,400 at 3.69%$484.54
105,400 at 3.7%$485.14
105,400 at 3.71%$485.73
105,400 at 3.72%$486.33
105,400 at 3.73%$486.93
105,400 at 3.74%$487.53
105,400 at 3.75%$488.12
105,400 at 3.76%$488.72
105,400 at 3.77%$489.32
105,400 at 3.78%$489.92
105,400 at 3.79%$490.52
105,400 at 3.8%$491.12
105,400 at 3.81%$491.72
105,400 at 3.82%$492.32
105,400 at 3.83%$492.92
105,400 at 3.84%$493.52
105,400 at 3.85%$494.12
105,400 at 3.86%$494.73
105,400 at 3.87%$495.33
105,400 at 3.88%$495.93
105,400 at 3.89%$496.53
105,400 at 3.9%$497.14
105,400 at 3.91%$497.74
105,400 at 3.92%$498.35
105,400 at 3.93%$498.95
105,400 at 3.94%$499.56
105,400 at 3.95%$500.16
105,400 at 3.96%$500.77
105,400 at 3.97%$501.37
105,400 at 3.98%$501.98
105,400 at 3.99%$502.59
105,400 at 4%$503.20
105,400 at 4.01%$503.80
105,400 at 4.02%$504.41
105,400 at 4.03%$505.02
105,400 at 4.04%$505.63
105,400 at 4.05%$506.24
105,400 at 4.06%$506.85
105,400 at 4.07%$507.46
105,400 at 4.08%$508.07
105,400 at 4.09%$508.68
105,400 at 4.1%$509.29
105,400 at 4.11%$509.90
105,400 at 4.12%$510.51
105,400 at 4.13%$511.13
105,400 at 4.14%$511.74
105,400 at 4.15%$512.35
105,400 at 4.16%$512.97
105,400 at 4.17%$513.58
105,400 at 4.18%$514.19
105,400 at 4.19%$514.81
105,400 at 4.2%$515.42
105,400 at 4.21%$516.04
105,400 at 4.22%$516.66
105,400 at 4.23%$517.27
105,400 at 4.24%$517.89
105,400 at 4.25%$518.50
105,400 at 4.26%$519.12
105,400 at 4.27%$519.74
105,400 at 4.28%$520.36
105,400 at 4.29%$520.98
105,400 at 4.3%$521.59
105,400 at 4.31%$522.21
105,400 at 4.32%$522.83
105,400 at 4.33%$523.45
105,400 at 4.34%$524.07
105,400 at 4.35%$524.69
105,400 at 4.36%$525.31
105,400 at 4.37%$525.94
105,400 at 4.38%$526.56
105,400 at 4.39%$527.18
105,400 at 4.4%$527.80
105,400 at 4.41%$528.42
105,400 at 4.42%$529.05
105,400 at 4.43%$529.67
105,400 at 4.44%$530.30
105,400 at 4.45%$530.92
105,400 at 4.46%$531.54
105,400 at 4.47%$532.17
105,400 at 4.48%$532.79
105,400 at 4.49%$533.42
105,400 at 4.5%$534.05
105,400 at 4.51%$534.67
105,400 at 4.52%$535.30
105,400 at 4.53%$535.93
105,400 at 4.54%$536.55
105,400 at 4.55%$537.18
105,400 at 4.56%$537.81
105,400 at 4.57%$538.44
105,400 at 4.58%$539.07
105,400 at 4.59%$539.70
105,400 at 4.6%$540.33
105,400 at 4.61%$540.96
105,400 at 4.62%$541.59
105,400 at 4.63%$542.22
105,400 at 4.64%$542.85
105,400 at 4.65%$543.48
105,400 at 4.66%$544.11
105,400 at 4.67%$544.75
105,400 at 4.68%$545.38
105,400 at 4.69%$546.01
105,400 at 4.7%$546.64
105,400 at 4.71%$547.28
105,400 at 4.72%$547.91
105,400 at 4.73%$548.55
105,400 at 4.74%$549.18
105,400 at 4.75%$549.82
105,400 at 4.76%$550.45
105,400 at 4.77%$551.09
105,400 at 4.78%$551.72
105,400 at 4.79%$552.36
105,400 at 4.8%$553.00
105,400 at 4.81%$553.63
105,400 at 4.82%$554.27
105,400 at 4.83%$554.91
105,400 at 4.84%$555.55
105,400 at 4.85%$556.19
105,400 at 4.86%$556.83
105,400 at 4.87%$557.47
105,400 at 4.88%$558.11
105,400 at 4.89%$558.75
105,400 at 4.9%$559.39
105,400 at 4.91%$560.03
105,400 at 4.92%$560.67
105,400 at 4.93%$561.31
105,400 at 4.94%$561.95
105,400 at 4.95%$562.59
105,400 at 4.96%$563.24
105,400 at 4.97%$563.88
105,400 at 4.98%$564.52
105,400 at 4.99%$565.17
105,400 at 5%$565.81
Interest Rate 30 Year
105,400 at 5.01%$566.45
105,400 at 5.02%$567.10
105,400 at 5.03%$567.74
105,400 at 5.04%$568.39
105,400 at 5.05%$569.04
105,400 at 5.06%$569.68
105,400 at 5.07%$570.33
105,400 at 5.08%$570.97
105,400 at 5.09%$571.62
105,400 at 5.1%$572.27
105,400 at 5.11%$572.92
105,400 at 5.12%$573.57
105,400 at 5.13%$574.21
105,400 at 5.14%$574.86
105,400 at 5.15%$575.51
105,400 at 5.16%$576.16
105,400 at 5.17%$576.81
105,400 at 5.18%$577.46
105,400 at 5.19%$578.11
105,400 at 5.2%$578.76
105,400 at 5.21%$579.41
105,400 at 5.22%$580.07
105,400 at 5.23%$580.72
105,400 at 5.24%$581.37
105,400 at 5.25%$582.02
105,400 at 5.26%$582.68
105,400 at 5.27%$583.33
105,400 at 5.28%$583.98
105,400 at 5.29%$584.64
105,400 at 5.3%$585.29
105,400 at 5.31%$585.95
105,400 at 5.32%$586.60
105,400 at 5.33%$587.26
105,400 at 5.34%$587.91
105,400 at 5.35%$588.57
105,400 at 5.36%$589.22
105,400 at 5.37%$589.88
105,400 at 5.38%$590.54
105,400 at 5.39%$591.20
105,400 at 5.4%$591.85
105,400 at 5.41%$592.51
105,400 at 5.42%$593.17
105,400 at 5.43%$593.83
105,400 at 5.44%$594.49
105,400 at 5.45%$595.15
105,400 at 5.46%$595.81
105,400 at 5.47%$596.47
105,400 at 5.48%$597.13
105,400 at 5.49%$597.79
105,400 at 5.5%$598.45
105,400 at 5.51%$599.11
105,400 at 5.52%$599.77
105,400 at 5.53%$600.43
105,400 at 5.54%$601.10
105,400 at 5.55%$601.76
105,400 at 5.56%$602.42
105,400 at 5.57%$603.09
105,400 at 5.58%$603.75
105,400 at 5.59%$604.41
105,400 at 5.6%$605.08
105,400 at 5.61%$605.74
105,400 at 5.62%$606.41
105,400 at 5.63%$607.07
105,400 at 5.64%$607.74
105,400 at 5.65%$608.41
105,400 at 5.66%$609.07
105,400 at 5.67%$609.74
105,400 at 5.68%$610.41
105,400 at 5.69%$611.07
105,400 at 5.7%$611.74
105,400 at 5.71%$612.41
105,400 at 5.72%$613.08
105,400 at 5.73%$613.75
105,400 at 5.74%$614.42
105,400 at 5.75%$615.09
105,400 at 5.76%$615.76
105,400 at 5.77%$616.43
105,400 at 5.78%$617.10
105,400 at 5.79%$617.77
105,400 at 5.8%$618.44
105,400 at 5.81%$619.11
105,400 at 5.82%$619.78
105,400 at 5.83%$620.45
105,400 at 5.84%$621.13
105,400 at 5.85%$621.80
105,400 at 5.86%$622.47
105,400 at 5.87%$623.14
105,400 at 5.88%$623.82
105,400 at 5.89%$624.49
105,400 at 5.9%$625.17
105,400 at 5.91%$625.84
105,400 at 5.92%$626.52
105,400 at 5.93%$627.19
105,400 at 5.94%$627.87
105,400 at 5.95%$628.54
105,400 at 5.96%$629.22
105,400 at 5.97%$629.89
105,400 at 5.98%$630.57
105,400 at 5.99%$631.25
105,400 at 6%$631.93
105,400 at 6.01%$632.60
105,400 at 6.02%$633.28
105,400 at 6.03%$633.96
105,400 at 6.04%$634.64
105,400 at 6.05%$635.32
105,400 at 6.06%$636.00
105,400 at 6.07%$636.68
105,400 at 6.08%$637.36
105,400 at 6.09%$638.04
105,400 at 6.1%$638.72
105,400 at 6.11%$639.40
105,400 at 6.12%$640.08
105,400 at 6.13%$640.76
105,400 at 6.14%$641.44
105,400 at 6.15%$642.13
105,400 at 6.16%$642.81
105,400 at 6.17%$643.49
105,400 at 6.18%$644.18
105,400 at 6.19%$644.86
105,400 at 6.2%$645.54
105,400 at 6.21%$646.23
105,400 at 6.22%$646.91
105,400 at 6.23%$647.60
105,400 at 6.24%$648.28
105,400 at 6.25%$648.97
105,400 at 6.26%$649.65
105,400 at 6.27%$650.34
105,400 at 6.28%$651.02
105,400 at 6.29%$651.71
105,400 at 6.3%$652.40
105,400 at 6.31%$653.08
105,400 at 6.32%$653.77
105,400 at 6.33%$654.46
105,400 at 6.34%$655.15
105,400 at 6.35%$655.84
105,400 at 6.36%$656.53
105,400 at 6.37%$657.21
105,400 at 6.38%$657.90
105,400 at 6.39%$658.59
105,400 at 6.4%$659.28
105,400 at 6.41%$659.97
105,400 at 6.42%$660.66
105,400 at 6.43%$661.35
105,400 at 6.44%$662.05
105,400 at 6.45%$662.74
105,400 at 6.46%$663.43
105,400 at 6.47%$664.12
105,400 at 6.48%$664.81
105,400 at 6.49%$665.51
105,400 at 6.5%$666.20
Interest Rate 30 Year
105,400 at 6.51%$666.89
105,400 at 6.52%$667.59
105,400 at 6.53%$668.28
105,400 at 6.54%$668.97
105,400 at 6.55%$669.67
105,400 at 6.56%$670.36
105,400 at 6.57%$671.06
105,400 at 6.58%$671.75
105,400 at 6.59%$672.45
105,400 at 6.6%$673.15
105,400 at 6.61%$673.84
105,400 at 6.62%$674.54
105,400 at 6.63%$675.24
105,400 at 6.64%$675.93
105,400 at 6.65%$676.63
105,400 at 6.66%$677.33
105,400 at 6.67%$678.03
105,400 at 6.68%$678.73
105,400 at 6.69%$679.42
105,400 at 6.7%$680.12
105,400 at 6.71%$680.82
105,400 at 6.72%$681.52
105,400 at 6.73%$682.22
105,400 at 6.74%$682.92
105,400 at 6.75%$683.62
105,400 at 6.76%$684.32
105,400 at 6.77%$685.02
105,400 at 6.78%$685.73
105,400 at 6.79%$686.43
105,400 at 6.8%$687.13
105,400 at 6.81%$687.83
105,400 at 6.82%$688.53
105,400 at 6.83%$689.24
105,400 at 6.84%$689.94
105,400 at 6.85%$690.64
105,400 at 6.86%$691.35
105,400 at 6.87%$692.05
105,400 at 6.88%$692.76
105,400 at 6.89%$693.46
105,400 at 6.9%$694.16
105,400 at 6.91%$694.87
105,400 at 6.92%$695.58
105,400 at 6.93%$696.28
105,400 at 6.94%$696.99
105,400 at 6.95%$697.69
105,400 at 6.96%$698.40
105,400 at 6.97%$699.11
105,400 at 6.98%$699.81
105,400 at 6.99%$700.52
105,400 at 7%$701.23
105,400 at 7.01%$701.94
105,400 at 7.02%$702.65
105,400 at 7.03%$703.35
105,400 at 7.04%$704.06
105,400 at 7.05%$704.77
105,400 at 7.06%$705.48
105,400 at 7.07%$706.19
105,400 at 7.08%$706.90
105,400 at 7.09%$707.61
105,400 at 7.1%$708.32
105,400 at 7.11%$709.03
105,400 at 7.12%$709.74
105,400 at 7.13%$710.46
105,400 at 7.14%$711.17
105,400 at 7.15%$711.88
105,400 at 7.16%$712.59
105,400 at 7.17%$713.30
105,400 at 7.18%$714.02
105,400 at 7.19%$714.73
105,400 at 7.2%$715.44
105,400 at 7.21%$716.16
105,400 at 7.22%$716.87
105,400 at 7.23%$717.58
105,400 at 7.24%$718.30
105,400 at 7.25%$719.01
105,400 at 7.26%$719.73
105,400 at 7.27%$720.44
105,400 at 7.28%$721.16
105,400 at 7.29%$721.88
105,400 at 7.3%$722.59
105,400 at 7.31%$723.31
105,400 at 7.32%$724.02
105,400 at 7.33%$724.74
105,400 at 7.34%$725.46
105,400 at 7.35%$726.18
105,400 at 7.36%$726.89
105,400 at 7.37%$727.61
105,400 at 7.38%$728.33
105,400 at 7.39%$729.05
105,400 at 7.4%$729.77
105,400 at 7.41%$730.49
105,400 at 7.42%$731.21
105,400 at 7.43%$731.93
105,400 at 7.44%$732.65
105,400 at 7.45%$733.37
105,400 at 7.46%$734.09
105,400 at 7.47%$734.81
105,400 at 7.48%$735.53
105,400 at 7.49%$736.25
105,400 at 7.5%$736.97
105,400 at 7.51%$737.69
105,400 at 7.52%$738.42
105,400 at 7.53%$739.14
105,400 at 7.54%$739.86
105,400 at 7.55%$740.58
105,400 at 7.56%$741.31
105,400 at 7.57%$742.03
105,400 at 7.58%$742.75
105,400 at 7.59%$743.48
105,400 at 7.6%$744.20
105,400 at 7.61%$744.93
105,400 at 7.62%$745.65
105,400 at 7.63%$746.38
105,400 at 7.64%$747.10
105,400 at 7.65%$747.83
105,400 at 7.66%$748.55
105,400 at 7.67%$749.28
105,400 at 7.68%$750.01
105,400 at 7.69%$750.73
105,400 at 7.7%$751.46
105,400 at 7.71%$752.19
105,400 at 7.72%$752.91
105,400 at 7.73%$753.64
105,400 at 7.74%$754.37
105,400 at 7.75%$755.10
105,400 at 7.76%$755.83
105,400 at 7.77%$756.56
105,400 at 7.78%$757.28
105,400 at 7.79%$758.01
105,400 at 7.8%$758.74
105,400 at 7.81%$759.47
105,400 at 7.82%$760.20
105,400 at 7.83%$760.93
105,400 at 7.84%$761.66
105,400 at 7.85%$762.39
105,400 at 7.86%$763.13
105,400 at 7.87%$763.86
105,400 at 7.88%$764.59
105,400 at 7.89%$765.32
105,400 at 7.9%$766.05
105,400 at 7.91%$766.79
105,400 at 7.92%$767.52
105,400 at 7.93%$768.25
105,400 at 7.94%$768.98
105,400 at 7.95%$769.72
105,400 at 7.96%$770.45
105,400 at 7.97%$771.18
105,400 at 7.98%$771.92
105,400 at 7.99%$772.65
105,400 at 8%$773.39
More Amounts
What is the down payment for a $105,400 house? How much do you need to put down?
Percent Down Down Payment
1%1,054
2%2,108
3%3,162
4%4,216
5%5,270
6%6,324
7%7,378
8%8,432
9%9,486
10%10,540
11%11,594
12%12,648
13%13,702
14%14,756
15%15,810
16%16,864
17%17,918
18%18,972
19%20,026
20%21,080
Percent Down Down Payment
21%22,134
22%23,188
23%24,242
24%25,296
25%26,350
26%27,404
27%28,458
28%29,512
29%30,566
30%31,620
31%32,674
32%33,728
33%34,782
34%35,836
35%36,890
36%37,944
37%38,998
38%40,052
39%41,106
40%42,160
Percent Down Down Payment
41%43,214
42%44,268
43%45,322
44%46,376
45%47,430
46%48,484
47%49,538
48%50,592
49%51,646
50%52,700
51%53,754
52%54,808
53%55,862
54%56,916
55%57,970
56%59,024
57%60,078
58%61,132
59%62,186
60%63,240
Percent Down Down Payment
61%64,294
62%65,348
63%66,402
64%67,456
65%68,510
66%69,564
67%70,618
68%71,672
69%72,726
70%73,780
71%74,834
72%75,888
73%76,942
74%77,996
75%79,050
76%80,104
77%81,158
78%82,212
79%83,266
80%84,320
Percent Down Down Payment
81%85,374
82%86,428
83%87,482
84%88,536
85%89,590
86%90,644
87%91,698
88%92,752
89%93,806
90%94,860
91%95,914
92%96,968
93%98,022
94%99,076
95%100,130
96%101,184
97%102,238
98%103,292
99%104,346
100%105,400
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.