$110,400 Mortgage for 30 Years

What is the monthly payment of a 110,400 dollar loan?
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Loan Tables for a $110,400 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 110k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $110,400 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
110,400 at 2.01%$408.61
110,400 at 2.02%$409.16
110,400 at 2.03%$409.72
110,400 at 2.04%$410.27
110,400 at 2.05%$410.83
110,400 at 2.06%$411.38
110,400 at 2.07%$411.94
110,400 at 2.08%$412.49
110,400 at 2.09%$413.05
110,400 at 2.1%$413.60
110,400 at 2.11%$414.16
110,400 at 2.12%$414.72
110,400 at 2.13%$415.27
110,400 at 2.14%$415.83
110,400 at 2.15%$416.39
110,400 at 2.16%$416.95
110,400 at 2.17%$417.51
110,400 at 2.18%$418.07
110,400 at 2.19%$418.63
110,400 at 2.2%$419.19
110,400 at 2.21%$419.75
110,400 at 2.22%$420.31
110,400 at 2.23%$420.87
110,400 at 2.24%$421.44
110,400 at 2.25%$422.00
110,400 at 2.26%$422.56
110,400 at 2.27%$423.13
110,400 at 2.28%$423.69
110,400 at 2.29%$424.26
110,400 at 2.3%$424.82
110,400 at 2.31%$425.39
110,400 at 2.32%$425.95
110,400 at 2.33%$426.52
110,400 at 2.34%$427.09
110,400 at 2.35%$427.65
110,400 at 2.36%$428.22
110,400 at 2.37%$428.79
110,400 at 2.38%$429.36
110,400 at 2.39%$429.93
110,400 at 2.4%$430.50
110,400 at 2.41%$431.07
110,400 at 2.42%$431.64
110,400 at 2.43%$432.21
110,400 at 2.44%$432.78
110,400 at 2.45%$433.35
110,400 at 2.46%$433.92
110,400 at 2.47%$434.49
110,400 at 2.48%$435.07
110,400 at 2.49%$435.64
110,400 at 2.5%$436.21
110,400 at 2.51%$436.79
110,400 at 2.52%$437.36
110,400 at 2.53%$437.94
110,400 at 2.54%$438.51
110,400 at 2.55%$439.09
110,400 at 2.56%$439.67
110,400 at 2.57%$440.24
110,400 at 2.58%$440.82
110,400 at 2.59%$441.40
110,400 at 2.6%$441.98
110,400 at 2.61%$442.55
110,400 at 2.62%$443.13
110,400 at 2.63%$443.71
110,400 at 2.64%$444.29
110,400 at 2.65%$444.87
110,400 at 2.66%$445.45
110,400 at 2.67%$446.03
110,400 at 2.68%$446.62
110,400 at 2.69%$447.20
110,400 at 2.7%$447.78
110,400 at 2.71%$448.36
110,400 at 2.72%$448.95
110,400 at 2.73%$449.53
110,400 at 2.74%$450.11
110,400 at 2.75%$450.70
110,400 at 2.76%$451.28
110,400 at 2.77%$451.87
110,400 at 2.78%$452.45
110,400 at 2.79%$453.04
110,400 at 2.8%$453.63
110,400 at 2.81%$454.21
110,400 at 2.82%$454.80
110,400 at 2.83%$455.39
110,400 at 2.84%$455.98
110,400 at 2.85%$456.57
110,400 at 2.86%$457.16
110,400 at 2.87%$457.75
110,400 at 2.88%$458.34
110,400 at 2.89%$458.93
110,400 at 2.9%$459.52
110,400 at 2.91%$460.11
110,400 at 2.92%$460.70
110,400 at 2.93%$461.29
110,400 at 2.94%$461.89
110,400 at 2.95%$462.48
110,400 at 2.96%$463.07
110,400 at 2.97%$463.67
110,400 at 2.98%$464.26
110,400 at 2.99%$464.86
110,400 at 3%$465.45
110,400 at 3.01%$466.05
110,400 at 3.02%$466.64
110,400 at 3.03%$467.24
110,400 at 3.04%$467.84
110,400 at 3.05%$468.43
110,400 at 3.06%$469.03
110,400 at 3.07%$469.63
110,400 at 3.08%$470.23
110,400 at 3.09%$470.83
110,400 at 3.1%$471.43
110,400 at 3.11%$472.03
110,400 at 3.12%$472.63
110,400 at 3.13%$473.23
110,400 at 3.14%$473.83
110,400 at 3.15%$474.43
110,400 at 3.16%$475.03
110,400 at 3.17%$475.63
110,400 at 3.18%$476.24
110,400 at 3.19%$476.84
110,400 at 3.2%$477.44
110,400 at 3.21%$478.05
110,400 at 3.22%$478.65
110,400 at 3.23%$479.26
110,400 at 3.24%$479.86
110,400 at 3.25%$480.47
110,400 at 3.26%$481.07
110,400 at 3.27%$481.68
110,400 at 3.28%$482.29
110,400 at 3.29%$482.89
110,400 at 3.3%$483.50
110,400 at 3.31%$484.11
110,400 at 3.32%$484.72
110,400 at 3.33%$485.33
110,400 at 3.34%$485.94
110,400 at 3.35%$486.55
110,400 at 3.36%$487.16
110,400 at 3.37%$487.77
110,400 at 3.38%$488.38
110,400 at 3.39%$488.99
110,400 at 3.4%$489.60
110,400 at 3.41%$490.22
110,400 at 3.42%$490.83
110,400 at 3.43%$491.44
110,400 at 3.44%$492.06
110,400 at 3.45%$492.67
110,400 at 3.46%$493.28
110,400 at 3.47%$493.90
110,400 at 3.48%$494.51
110,400 at 3.49%$495.13
110,400 at 3.5%$495.75
Interest Rate 30 Year
110,400 at 3.51%$496.36
110,400 at 3.52%$496.98
110,400 at 3.53%$497.60
110,400 at 3.54%$498.21
110,400 at 3.55%$498.83
110,400 at 3.56%$499.45
110,400 at 3.57%$500.07
110,400 at 3.58%$500.69
110,400 at 3.59%$501.31
110,400 at 3.6%$501.93
110,400 at 3.61%$502.55
110,400 at 3.62%$503.17
110,400 at 3.63%$503.79
110,400 at 3.64%$504.41
110,400 at 3.65%$505.04
110,400 at 3.66%$505.66
110,400 at 3.67%$506.28
110,400 at 3.68%$506.90
110,400 at 3.69%$507.53
110,400 at 3.7%$508.15
110,400 at 3.71%$508.78
110,400 at 3.72%$509.40
110,400 at 3.73%$510.03
110,400 at 3.74%$510.65
110,400 at 3.75%$511.28
110,400 at 3.76%$511.91
110,400 at 3.77%$512.53
110,400 at 3.78%$513.16
110,400 at 3.79%$513.79
110,400 at 3.8%$514.42
110,400 at 3.81%$515.05
110,400 at 3.82%$515.67
110,400 at 3.83%$516.30
110,400 at 3.84%$516.93
110,400 at 3.85%$517.56
110,400 at 3.86%$518.19
110,400 at 3.87%$518.83
110,400 at 3.88%$519.46
110,400 at 3.89%$520.09
110,400 at 3.9%$520.72
110,400 at 3.91%$521.35
110,400 at 3.92%$521.99
110,400 at 3.93%$522.62
110,400 at 3.94%$523.25
110,400 at 3.95%$523.89
110,400 at 3.96%$524.52
110,400 at 3.97%$525.16
110,400 at 3.98%$525.79
110,400 at 3.99%$526.43
110,400 at 4%$527.07
110,400 at 4.01%$527.70
110,400 at 4.02%$528.34
110,400 at 4.03%$528.98
110,400 at 4.04%$529.62
110,400 at 4.05%$530.25
110,400 at 4.06%$530.89
110,400 at 4.07%$531.53
110,400 at 4.08%$532.17
110,400 at 4.09%$532.81
110,400 at 4.1%$533.45
110,400 at 4.11%$534.09
110,400 at 4.12%$534.73
110,400 at 4.13%$535.37
110,400 at 4.14%$536.02
110,400 at 4.15%$536.66
110,400 at 4.16%$537.30
110,400 at 4.17%$537.94
110,400 at 4.18%$538.59
110,400 at 4.19%$539.23
110,400 at 4.2%$539.87
110,400 at 4.21%$540.52
110,400 at 4.22%$541.16
110,400 at 4.23%$541.81
110,400 at 4.24%$542.46
110,400 at 4.25%$543.10
110,400 at 4.26%$543.75
110,400 at 4.27%$544.40
110,400 at 4.28%$545.04
110,400 at 4.29%$545.69
110,400 at 4.3%$546.34
110,400 at 4.31%$546.99
110,400 at 4.32%$547.64
110,400 at 4.33%$548.28
110,400 at 4.34%$548.93
110,400 at 4.35%$549.58
110,400 at 4.36%$550.23
110,400 at 4.37%$550.89
110,400 at 4.38%$551.54
110,400 at 4.39%$552.19
110,400 at 4.4%$552.84
110,400 at 4.41%$553.49
110,400 at 4.42%$554.15
110,400 at 4.43%$554.80
110,400 at 4.44%$555.45
110,400 at 4.45%$556.11
110,400 at 4.46%$556.76
110,400 at 4.47%$557.41
110,400 at 4.48%$558.07
110,400 at 4.49%$558.72
110,400 at 4.5%$559.38
110,400 at 4.51%$560.04
110,400 at 4.52%$560.69
110,400 at 4.53%$561.35
110,400 at 4.54%$562.01
110,400 at 4.55%$562.67
110,400 at 4.56%$563.32
110,400 at 4.57%$563.98
110,400 at 4.58%$564.64
110,400 at 4.59%$565.30
110,400 at 4.6%$565.96
110,400 at 4.61%$566.62
110,400 at 4.62%$567.28
110,400 at 4.63%$567.94
110,400 at 4.64%$568.60
110,400 at 4.65%$569.26
110,400 at 4.66%$569.92
110,400 at 4.67%$570.59
110,400 at 4.68%$571.25
110,400 at 4.69%$571.91
110,400 at 4.7%$572.58
110,400 at 4.71%$573.24
110,400 at 4.72%$573.90
110,400 at 4.73%$574.57
110,400 at 4.74%$575.23
110,400 at 4.75%$575.90
110,400 at 4.76%$576.56
110,400 at 4.77%$577.23
110,400 at 4.78%$577.90
110,400 at 4.79%$578.56
110,400 at 4.8%$579.23
110,400 at 4.81%$579.90
110,400 at 4.82%$580.57
110,400 at 4.83%$581.23
110,400 at 4.84%$581.90
110,400 at 4.85%$582.57
110,400 at 4.86%$583.24
110,400 at 4.87%$583.91
110,400 at 4.88%$584.58
110,400 at 4.89%$585.25
110,400 at 4.9%$585.92
110,400 at 4.91%$586.59
110,400 at 4.92%$587.27
110,400 at 4.93%$587.94
110,400 at 4.94%$588.61
110,400 at 4.95%$589.28
110,400 at 4.96%$589.96
110,400 at 4.97%$590.63
110,400 at 4.98%$591.30
110,400 at 4.99%$591.98
110,400 at 5%$592.65
Interest Rate 30 Year
110,400 at 5.01%$593.33
110,400 at 5.02%$594.00
110,400 at 5.03%$594.68
110,400 at 5.04%$595.35
110,400 at 5.05%$596.03
110,400 at 5.06%$596.71
110,400 at 5.07%$597.38
110,400 at 5.08%$598.06
110,400 at 5.09%$598.74
110,400 at 5.1%$599.42
110,400 at 5.11%$600.10
110,400 at 5.12%$600.77
110,400 at 5.13%$601.45
110,400 at 5.14%$602.13
110,400 at 5.15%$602.81
110,400 at 5.16%$603.49
110,400 at 5.17%$604.17
110,400 at 5.18%$604.86
110,400 at 5.19%$605.54
110,400 at 5.2%$606.22
110,400 at 5.21%$606.90
110,400 at 5.22%$607.58
110,400 at 5.23%$608.27
110,400 at 5.24%$608.95
110,400 at 5.25%$609.63
110,400 at 5.26%$610.32
110,400 at 5.27%$611.00
110,400 at 5.28%$611.69
110,400 at 5.29%$612.37
110,400 at 5.3%$613.06
110,400 at 5.31%$613.74
110,400 at 5.32%$614.43
110,400 at 5.33%$615.11
110,400 at 5.34%$615.80
110,400 at 5.35%$616.49
110,400 at 5.36%$617.18
110,400 at 5.37%$617.86
110,400 at 5.38%$618.55
110,400 at 5.39%$619.24
110,400 at 5.4%$619.93
110,400 at 5.41%$620.62
110,400 at 5.42%$621.31
110,400 at 5.43%$622.00
110,400 at 5.44%$622.69
110,400 at 5.45%$623.38
110,400 at 5.46%$624.07
110,400 at 5.47%$624.76
110,400 at 5.48%$625.45
110,400 at 5.49%$626.15
110,400 at 5.5%$626.84
110,400 at 5.51%$627.53
110,400 at 5.52%$628.23
110,400 at 5.53%$628.92
110,400 at 5.54%$629.61
110,400 at 5.55%$630.31
110,400 at 5.56%$631.00
110,400 at 5.57%$631.70
110,400 at 5.58%$632.39
110,400 at 5.59%$633.09
110,400 at 5.6%$633.78
110,400 at 5.61%$634.48
110,400 at 5.62%$635.18
110,400 at 5.63%$635.87
110,400 at 5.64%$636.57
110,400 at 5.65%$637.27
110,400 at 5.66%$637.97
110,400 at 5.67%$638.66
110,400 at 5.68%$639.36
110,400 at 5.69%$640.06
110,400 at 5.7%$640.76
110,400 at 5.71%$641.46
110,400 at 5.72%$642.16
110,400 at 5.73%$642.86
110,400 at 5.74%$643.56
110,400 at 5.75%$644.26
110,400 at 5.76%$644.97
110,400 at 5.77%$645.67
110,400 at 5.78%$646.37
110,400 at 5.79%$647.07
110,400 at 5.8%$647.78
110,400 at 5.81%$648.48
110,400 at 5.82%$649.18
110,400 at 5.83%$649.89
110,400 at 5.84%$650.59
110,400 at 5.85%$651.29
110,400 at 5.86%$652.00
110,400 at 5.87%$652.70
110,400 at 5.88%$653.41
110,400 at 5.89%$654.12
110,400 at 5.9%$654.82
110,400 at 5.91%$655.53
110,400 at 5.92%$656.24
110,400 at 5.93%$656.94
110,400 at 5.94%$657.65
110,400 at 5.95%$658.36
110,400 at 5.96%$659.07
110,400 at 5.97%$659.78
110,400 at 5.98%$660.48
110,400 at 5.99%$661.19
110,400 at 6%$661.90
110,400 at 6.01%$662.61
110,400 at 6.02%$663.32
110,400 at 6.03%$664.03
110,400 at 6.04%$664.75
110,400 at 6.05%$665.46
110,400 at 6.06%$666.17
110,400 at 6.07%$666.88
110,400 at 6.08%$667.59
110,400 at 6.09%$668.31
110,400 at 6.1%$669.02
110,400 at 6.11%$669.73
110,400 at 6.12%$670.45
110,400 at 6.13%$671.16
110,400 at 6.14%$671.87
110,400 at 6.15%$672.59
110,400 at 6.16%$673.30
110,400 at 6.17%$674.02
110,400 at 6.18%$674.73
110,400 at 6.19%$675.45
110,400 at 6.2%$676.17
110,400 at 6.21%$676.88
110,400 at 6.22%$677.60
110,400 at 6.23%$678.32
110,400 at 6.24%$679.03
110,400 at 6.25%$679.75
110,400 at 6.26%$680.47
110,400 at 6.27%$681.19
110,400 at 6.28%$681.91
110,400 at 6.29%$682.63
110,400 at 6.3%$683.35
110,400 at 6.31%$684.07
110,400 at 6.32%$684.79
110,400 at 6.33%$685.51
110,400 at 6.34%$686.23
110,400 at 6.35%$686.95
110,400 at 6.36%$687.67
110,400 at 6.37%$688.39
110,400 at 6.38%$689.11
110,400 at 6.39%$689.84
110,400 at 6.4%$690.56
110,400 at 6.41%$691.28
110,400 at 6.42%$692.00
110,400 at 6.43%$692.73
110,400 at 6.44%$693.45
110,400 at 6.45%$694.18
110,400 at 6.46%$694.90
110,400 at 6.47%$695.63
110,400 at 6.48%$696.35
110,400 at 6.49%$697.08
110,400 at 6.5%$697.80
Interest Rate 30 Year
110,400 at 6.51%$698.53
110,400 at 6.52%$699.26
110,400 at 6.53%$699.98
110,400 at 6.54%$700.71
110,400 at 6.55%$701.44
110,400 at 6.56%$702.17
110,400 at 6.57%$702.89
110,400 at 6.58%$703.62
110,400 at 6.59%$704.35
110,400 at 6.6%$705.08
110,400 at 6.61%$705.81
110,400 at 6.62%$706.54
110,400 at 6.63%$707.27
110,400 at 6.64%$708.00
110,400 at 6.65%$708.73
110,400 at 6.66%$709.46
110,400 at 6.67%$710.19
110,400 at 6.68%$710.92
110,400 at 6.69%$711.65
110,400 at 6.7%$712.39
110,400 at 6.71%$713.12
110,400 at 6.72%$713.85
110,400 at 6.73%$714.59
110,400 at 6.74%$715.32
110,400 at 6.75%$716.05
110,400 at 6.76%$716.79
110,400 at 6.77%$717.52
110,400 at 6.78%$718.26
110,400 at 6.79%$718.99
110,400 at 6.8%$719.73
110,400 at 6.81%$720.46
110,400 at 6.82%$721.20
110,400 at 6.83%$721.93
110,400 at 6.84%$722.67
110,400 at 6.85%$723.41
110,400 at 6.86%$724.14
110,400 at 6.87%$724.88
110,400 at 6.88%$725.62
110,400 at 6.89%$726.36
110,400 at 6.9%$727.09
110,400 at 6.91%$727.83
110,400 at 6.92%$728.57
110,400 at 6.93%$729.31
110,400 at 6.94%$730.05
110,400 at 6.95%$730.79
110,400 at 6.96%$731.53
110,400 at 6.97%$732.27
110,400 at 6.98%$733.01
110,400 at 6.99%$733.75
110,400 at 7%$734.49
110,400 at 7.01%$735.24
110,400 at 7.02%$735.98
110,400 at 7.03%$736.72
110,400 at 7.04%$737.46
110,400 at 7.05%$738.20
110,400 at 7.06%$738.95
110,400 at 7.07%$739.69
110,400 at 7.08%$740.44
110,400 at 7.09%$741.18
110,400 at 7.1%$741.92
110,400 at 7.11%$742.67
110,400 at 7.12%$743.41
110,400 at 7.13%$744.16
110,400 at 7.14%$744.90
110,400 at 7.15%$745.65
110,400 at 7.16%$746.40
110,400 at 7.17%$747.14
110,400 at 7.18%$747.89
110,400 at 7.19%$748.63
110,400 at 7.2%$749.38
110,400 at 7.21%$750.13
110,400 at 7.22%$750.88
110,400 at 7.23%$751.63
110,400 at 7.24%$752.37
110,400 at 7.25%$753.12
110,400 at 7.26%$753.87
110,400 at 7.27%$754.62
110,400 at 7.28%$755.37
110,400 at 7.29%$756.12
110,400 at 7.3%$756.87
110,400 at 7.31%$757.62
110,400 at 7.32%$758.37
110,400 at 7.33%$759.12
110,400 at 7.34%$759.87
110,400 at 7.35%$760.63
110,400 at 7.36%$761.38
110,400 at 7.37%$762.13
110,400 at 7.38%$762.88
110,400 at 7.39%$763.63
110,400 at 7.4%$764.39
110,400 at 7.41%$765.14
110,400 at 7.42%$765.89
110,400 at 7.43%$766.65
110,400 at 7.44%$767.40
110,400 at 7.45%$768.16
110,400 at 7.46%$768.91
110,400 at 7.47%$769.67
110,400 at 7.48%$770.42
110,400 at 7.49%$771.18
110,400 at 7.5%$771.93
110,400 at 7.51%$772.69
110,400 at 7.52%$773.45
110,400 at 7.53%$774.20
110,400 at 7.54%$774.96
110,400 at 7.55%$775.72
110,400 at 7.56%$776.47
110,400 at 7.57%$777.23
110,400 at 7.58%$777.99
110,400 at 7.59%$778.75
110,400 at 7.6%$779.51
110,400 at 7.61%$780.27
110,400 at 7.62%$781.02
110,400 at 7.63%$781.78
110,400 at 7.64%$782.54
110,400 at 7.65%$783.30
110,400 at 7.66%$784.06
110,400 at 7.67%$784.82
110,400 at 7.68%$785.59
110,400 at 7.69%$786.35
110,400 at 7.7%$787.11
110,400 at 7.71%$787.87
110,400 at 7.72%$788.63
110,400 at 7.73%$789.39
110,400 at 7.74%$790.16
110,400 at 7.75%$790.92
110,400 at 7.76%$791.68
110,400 at 7.77%$792.45
110,400 at 7.78%$793.21
110,400 at 7.79%$793.97
110,400 at 7.8%$794.74
110,400 at 7.81%$795.50
110,400 at 7.82%$796.27
110,400 at 7.83%$797.03
110,400 at 7.84%$797.80
110,400 at 7.85%$798.56
110,400 at 7.86%$799.33
110,400 at 7.87%$800.09
110,400 at 7.88%$800.86
110,400 at 7.89%$801.63
110,400 at 7.9%$802.39
110,400 at 7.91%$803.16
110,400 at 7.92%$803.93
110,400 at 7.93%$804.70
110,400 at 7.94%$805.46
110,400 at 7.95%$806.23
110,400 at 7.96%$807.00
110,400 at 7.97%$807.77
110,400 at 7.98%$808.54
110,400 at 7.99%$809.31
110,400 at 8%$810.08
More Amounts
What is the down payment for a $110,400 house? How much do you need to put down?
Percent Down Down Payment
1%1,104
2%2,208
3%3,312
4%4,416
5%5,520
6%6,624
7%7,728
8%8,832
9%9,936
10%11,040
11%12,144
12%13,248
13%14,352
14%15,456
15%16,560
16%17,664
17%18,768
18%19,872
19%20,976
20%22,080
Percent Down Down Payment
21%23,184
22%24,288
23%25,392
24%26,496
25%27,600
26%28,704
27%29,808
28%30,912
29%32,016
30%33,120
31%34,224
32%35,328
33%36,432
34%37,536
35%38,640
36%39,744
37%40,848
38%41,952
39%43,056
40%44,160
Percent Down Down Payment
41%45,264
42%46,368
43%47,472
44%48,576
45%49,680
46%50,784
47%51,888
48%52,992
49%54,096
50%55,200
51%56,304
52%57,408
53%58,512
54%59,616
55%60,720
56%61,824
57%62,928
58%64,032
59%65,136
60%66,240
Percent Down Down Payment
61%67,344
62%68,448
63%69,552
64%70,656
65%71,760
66%72,864
67%73,968
68%75,072
69%76,176
70%77,280
71%78,384
72%79,488
73%80,592
74%81,696
75%82,800
76%83,904
77%85,008
78%86,112
79%87,216
80%88,320
Percent Down Down Payment
81%89,424
82%90,528
83%91,632
84%92,736
85%93,840
86%94,944
87%96,048
88%97,152
89%98,256
90%99,360
91%100,464
92%101,568
93%102,672
94%103,776
95%104,880
96%105,984
97%107,088
98%108,192
99%109,296
100%110,400
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.