$114,450 Mortgage for 30 Years

What is the monthly payment of a 114,450 dollar loan?
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Loan Tables for a $114,450 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 114k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $114,450 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
114,450 at 2.01%$423.60
114,450 at 2.02%$424.18
114,450 at 2.03%$424.75
114,450 at 2.04%$425.32
114,450 at 2.05%$425.90
114,450 at 2.06%$426.47
114,450 at 2.07%$427.05
114,450 at 2.08%$427.62
114,450 at 2.09%$428.20
114,450 at 2.1%$428.78
114,450 at 2.11%$429.35
114,450 at 2.12%$429.93
114,450 at 2.13%$430.51
114,450 at 2.14%$431.09
114,450 at 2.15%$431.67
114,450 at 2.16%$432.25
114,450 at 2.17%$432.83
114,450 at 2.18%$433.41
114,450 at 2.19%$433.99
114,450 at 2.2%$434.57
114,450 at 2.21%$435.15
114,450 at 2.22%$435.73
114,450 at 2.23%$436.31
114,450 at 2.24%$436.90
114,450 at 2.25%$437.48
114,450 at 2.26%$438.06
114,450 at 2.27%$438.65
114,450 at 2.28%$439.23
114,450 at 2.29%$439.82
114,450 at 2.3%$440.41
114,450 at 2.31%$440.99
114,450 at 2.32%$441.58
114,450 at 2.33%$442.17
114,450 at 2.34%$442.75
114,450 at 2.35%$443.34
114,450 at 2.36%$443.93
114,450 at 2.37%$444.52
114,450 at 2.38%$445.11
114,450 at 2.39%$445.70
114,450 at 2.4%$446.29
114,450 at 2.41%$446.88
114,450 at 2.42%$447.47
114,450 at 2.43%$448.06
114,450 at 2.44%$448.65
114,450 at 2.45%$449.25
114,450 at 2.46%$449.84
114,450 at 2.47%$450.43
114,450 at 2.48%$451.03
114,450 at 2.49%$451.62
114,450 at 2.5%$452.22
114,450 at 2.51%$452.81
114,450 at 2.52%$453.41
114,450 at 2.53%$454.00
114,450 at 2.54%$454.60
114,450 at 2.55%$455.20
114,450 at 2.56%$455.79
114,450 at 2.57%$456.39
114,450 at 2.58%$456.99
114,450 at 2.59%$457.59
114,450 at 2.6%$458.19
114,450 at 2.61%$458.79
114,450 at 2.62%$459.39
114,450 at 2.63%$459.99
114,450 at 2.64%$460.59
114,450 at 2.65%$461.19
114,450 at 2.66%$461.79
114,450 at 2.67%$462.40
114,450 at 2.68%$463.00
114,450 at 2.69%$463.60
114,450 at 2.7%$464.21
114,450 at 2.71%$464.81
114,450 at 2.72%$465.42
114,450 at 2.73%$466.02
114,450 at 2.74%$466.63
114,450 at 2.75%$467.23
114,450 at 2.76%$467.84
114,450 at 2.77%$468.45
114,450 at 2.78%$469.05
114,450 at 2.79%$469.66
114,450 at 2.8%$470.27
114,450 at 2.81%$470.88
114,450 at 2.82%$471.49
114,450 at 2.83%$472.10
114,450 at 2.84%$472.71
114,450 at 2.85%$473.32
114,450 at 2.86%$473.93
114,450 at 2.87%$474.54
114,450 at 2.88%$475.15
114,450 at 2.89%$475.76
114,450 at 2.9%$476.38
114,450 at 2.91%$476.99
114,450 at 2.92%$477.60
114,450 at 2.93%$478.22
114,450 at 2.94%$478.83
114,450 at 2.95%$479.45
114,450 at 2.96%$480.06
114,450 at 2.97%$480.68
114,450 at 2.98%$481.29
114,450 at 2.99%$481.91
114,450 at 3%$482.53
114,450 at 3.01%$483.14
114,450 at 3.02%$483.76
114,450 at 3.03%$484.38
114,450 at 3.04%$485.00
114,450 at 3.05%$485.62
114,450 at 3.06%$486.24
114,450 at 3.07%$486.86
114,450 at 3.08%$487.48
114,450 at 3.09%$488.10
114,450 at 3.1%$488.72
114,450 at 3.11%$489.34
114,450 at 3.12%$489.96
114,450 at 3.13%$490.59
114,450 at 3.14%$491.21
114,450 at 3.15%$491.83
114,450 at 3.16%$492.46
114,450 at 3.17%$493.08
114,450 at 3.18%$493.71
114,450 at 3.19%$494.33
114,450 at 3.2%$494.96
114,450 at 3.21%$495.58
114,450 at 3.22%$496.21
114,450 at 3.23%$496.84
114,450 at 3.24%$497.47
114,450 at 3.25%$498.09
114,450 at 3.26%$498.72
114,450 at 3.27%$499.35
114,450 at 3.28%$499.98
114,450 at 3.29%$500.61
114,450 at 3.3%$501.24
114,450 at 3.31%$501.87
114,450 at 3.32%$502.50
114,450 at 3.33%$503.13
114,450 at 3.34%$503.76
114,450 at 3.35%$504.40
114,450 at 3.36%$505.03
114,450 at 3.37%$505.66
114,450 at 3.38%$506.30
114,450 at 3.39%$506.93
114,450 at 3.4%$507.56
114,450 at 3.41%$508.20
114,450 at 3.42%$508.83
114,450 at 3.43%$509.47
114,450 at 3.44%$510.11
114,450 at 3.45%$510.74
114,450 at 3.46%$511.38
114,450 at 3.47%$512.02
114,450 at 3.48%$512.65
114,450 at 3.49%$513.29
114,450 at 3.5%$513.93
Interest Rate 30 Year
114,450 at 3.51%$514.57
114,450 at 3.52%$515.21
114,450 at 3.53%$515.85
114,450 at 3.54%$516.49
114,450 at 3.55%$517.13
114,450 at 3.56%$517.77
114,450 at 3.57%$518.41
114,450 at 3.58%$519.06
114,450 at 3.59%$519.70
114,450 at 3.6%$520.34
114,450 at 3.61%$520.98
114,450 at 3.62%$521.63
114,450 at 3.63%$522.27
114,450 at 3.64%$522.92
114,450 at 3.65%$523.56
114,450 at 3.66%$524.21
114,450 at 3.67%$524.85
114,450 at 3.68%$525.50
114,450 at 3.69%$526.15
114,450 at 3.7%$526.79
114,450 at 3.71%$527.44
114,450 at 3.72%$528.09
114,450 at 3.73%$528.74
114,450 at 3.74%$529.39
114,450 at 3.75%$530.04
114,450 at 3.76%$530.69
114,450 at 3.77%$531.34
114,450 at 3.78%$531.99
114,450 at 3.79%$532.64
114,450 at 3.8%$533.29
114,450 at 3.81%$533.94
114,450 at 3.82%$534.59
114,450 at 3.83%$535.24
114,450 at 3.84%$535.90
114,450 at 3.85%$536.55
114,450 at 3.86%$537.20
114,450 at 3.87%$537.86
114,450 at 3.88%$538.51
114,450 at 3.89%$539.17
114,450 at 3.9%$539.82
114,450 at 3.91%$540.48
114,450 at 3.92%$541.14
114,450 at 3.93%$541.79
114,450 at 3.94%$542.45
114,450 at 3.95%$543.11
114,450 at 3.96%$543.77
114,450 at 3.97%$544.42
114,450 at 3.98%$545.08
114,450 at 3.99%$545.74
114,450 at 4%$546.40
114,450 at 4.01%$547.06
114,450 at 4.02%$547.72
114,450 at 4.03%$548.38
114,450 at 4.04%$549.04
114,450 at 4.05%$549.71
114,450 at 4.06%$550.37
114,450 at 4.07%$551.03
114,450 at 4.08%$551.69
114,450 at 4.09%$552.36
114,450 at 4.1%$553.02
114,450 at 4.11%$553.68
114,450 at 4.12%$554.35
114,450 at 4.13%$555.01
114,450 at 4.14%$555.68
114,450 at 4.15%$556.35
114,450 at 4.16%$557.01
114,450 at 4.17%$557.68
114,450 at 4.18%$558.34
114,450 at 4.19%$559.01
114,450 at 4.2%$559.68
114,450 at 4.21%$560.35
114,450 at 4.22%$561.02
114,450 at 4.23%$561.69
114,450 at 4.24%$562.36
114,450 at 4.25%$563.03
114,450 at 4.26%$563.70
114,450 at 4.27%$564.37
114,450 at 4.28%$565.04
114,450 at 4.29%$565.71
114,450 at 4.3%$566.38
114,450 at 4.31%$567.05
114,450 at 4.32%$567.73
114,450 at 4.33%$568.40
114,450 at 4.34%$569.07
114,450 at 4.35%$569.75
114,450 at 4.36%$570.42
114,450 at 4.37%$571.09
114,450 at 4.38%$571.77
114,450 at 4.39%$572.45
114,450 at 4.4%$573.12
114,450 at 4.41%$573.80
114,450 at 4.42%$574.47
114,450 at 4.43%$575.15
114,450 at 4.44%$575.83
114,450 at 4.45%$576.51
114,450 at 4.46%$577.18
114,450 at 4.47%$577.86
114,450 at 4.48%$578.54
114,450 at 4.49%$579.22
114,450 at 4.5%$579.90
114,450 at 4.51%$580.58
114,450 at 4.52%$581.26
114,450 at 4.53%$581.94
114,450 at 4.54%$582.62
114,450 at 4.55%$583.31
114,450 at 4.56%$583.99
114,450 at 4.57%$584.67
114,450 at 4.58%$585.35
114,450 at 4.59%$586.04
114,450 at 4.6%$586.72
114,450 at 4.61%$587.41
114,450 at 4.62%$588.09
114,450 at 4.63%$588.78
114,450 at 4.64%$589.46
114,450 at 4.65%$590.15
114,450 at 4.66%$590.83
114,450 at 4.67%$591.52
114,450 at 4.68%$592.21
114,450 at 4.69%$592.89
114,450 at 4.7%$593.58
114,450 at 4.71%$594.27
114,450 at 4.72%$594.96
114,450 at 4.73%$595.65
114,450 at 4.74%$596.34
114,450 at 4.75%$597.03
114,450 at 4.76%$597.72
114,450 at 4.77%$598.41
114,450 at 4.78%$599.10
114,450 at 4.79%$599.79
114,450 at 4.8%$600.48
114,450 at 4.81%$601.17
114,450 at 4.82%$601.86
114,450 at 4.83%$602.56
114,450 at 4.84%$603.25
114,450 at 4.85%$603.94
114,450 at 4.86%$604.64
114,450 at 4.87%$605.33
114,450 at 4.88%$606.03
114,450 at 4.89%$606.72
114,450 at 4.9%$607.42
114,450 at 4.91%$608.11
114,450 at 4.92%$608.81
114,450 at 4.93%$609.51
114,450 at 4.94%$610.20
114,450 at 4.95%$610.90
114,450 at 4.96%$611.60
114,450 at 4.97%$612.30
114,450 at 4.98%$612.99
114,450 at 4.99%$613.69
114,450 at 5%$614.39
Interest Rate 30 Year
114,450 at 5.01%$615.09
114,450 at 5.02%$615.79
114,450 at 5.03%$616.49
114,450 at 5.04%$617.19
114,450 at 5.05%$617.89
114,450 at 5.06%$618.60
114,450 at 5.07%$619.30
114,450 at 5.08%$620.00
114,450 at 5.09%$620.70
114,450 at 5.1%$621.41
114,450 at 5.11%$622.11
114,450 at 5.12%$622.81
114,450 at 5.13%$623.52
114,450 at 5.14%$624.22
114,450 at 5.15%$624.93
114,450 at 5.16%$625.63
114,450 at 5.17%$626.34
114,450 at 5.18%$627.04
114,450 at 5.19%$627.75
114,450 at 5.2%$628.46
114,450 at 5.21%$629.16
114,450 at 5.22%$629.87
114,450 at 5.23%$630.58
114,450 at 5.24%$631.29
114,450 at 5.25%$632.00
114,450 at 5.26%$632.71
114,450 at 5.27%$633.42
114,450 at 5.28%$634.13
114,450 at 5.29%$634.84
114,450 at 5.3%$635.55
114,450 at 5.31%$636.26
114,450 at 5.32%$636.97
114,450 at 5.33%$637.68
114,450 at 5.34%$638.39
114,450 at 5.35%$639.10
114,450 at 5.36%$639.82
114,450 at 5.37%$640.53
114,450 at 5.38%$641.24
114,450 at 5.39%$641.96
114,450 at 5.4%$642.67
114,450 at 5.41%$643.39
114,450 at 5.42%$644.10
114,450 at 5.43%$644.82
114,450 at 5.44%$645.53
114,450 at 5.45%$646.25
114,450 at 5.46%$646.97
114,450 at 5.47%$647.68
114,450 at 5.48%$648.40
114,450 at 5.49%$649.12
114,450 at 5.5%$649.83
114,450 at 5.51%$650.55
114,450 at 5.52%$651.27
114,450 at 5.53%$651.99
114,450 at 5.54%$652.71
114,450 at 5.55%$653.43
114,450 at 5.56%$654.15
114,450 at 5.57%$654.87
114,450 at 5.58%$655.59
114,450 at 5.59%$656.31
114,450 at 5.6%$657.03
114,450 at 5.61%$657.76
114,450 at 5.62%$658.48
114,450 at 5.63%$659.20
114,450 at 5.64%$659.92
114,450 at 5.65%$660.65
114,450 at 5.66%$661.37
114,450 at 5.67%$662.09
114,450 at 5.68%$662.82
114,450 at 5.69%$663.54
114,450 at 5.7%$664.27
114,450 at 5.71%$664.99
114,450 at 5.72%$665.72
114,450 at 5.73%$666.45
114,450 at 5.74%$667.17
114,450 at 5.75%$667.90
114,450 at 5.76%$668.63
114,450 at 5.77%$669.35
114,450 at 5.78%$670.08
114,450 at 5.79%$670.81
114,450 at 5.8%$671.54
114,450 at 5.81%$672.27
114,450 at 5.82%$673.00
114,450 at 5.83%$673.73
114,450 at 5.84%$674.46
114,450 at 5.85%$675.19
114,450 at 5.86%$675.92
114,450 at 5.87%$676.65
114,450 at 5.88%$677.38
114,450 at 5.89%$678.11
114,450 at 5.9%$678.84
114,450 at 5.91%$679.58
114,450 at 5.92%$680.31
114,450 at 5.93%$681.04
114,450 at 5.94%$681.78
114,450 at 5.95%$682.51
114,450 at 5.96%$683.25
114,450 at 5.97%$683.98
114,450 at 5.98%$684.71
114,450 at 5.99%$685.45
114,450 at 6%$686.19
114,450 at 6.01%$686.92
114,450 at 6.02%$687.66
114,450 at 6.03%$688.39
114,450 at 6.04%$689.13
114,450 at 6.05%$689.87
114,450 at 6.06%$690.61
114,450 at 6.07%$691.34
114,450 at 6.08%$692.08
114,450 at 6.09%$692.82
114,450 at 6.1%$693.56
114,450 at 6.11%$694.30
114,450 at 6.12%$695.04
114,450 at 6.13%$695.78
114,450 at 6.14%$696.52
114,450 at 6.15%$697.26
114,450 at 6.16%$698.00
114,450 at 6.17%$698.74
114,450 at 6.18%$699.49
114,450 at 6.19%$700.23
114,450 at 6.2%$700.97
114,450 at 6.21%$701.71
114,450 at 6.22%$702.46
114,450 at 6.23%$703.20
114,450 at 6.24%$703.94
114,450 at 6.25%$704.69
114,450 at 6.26%$705.43
114,450 at 6.27%$706.18
114,450 at 6.28%$706.92
114,450 at 6.29%$707.67
114,450 at 6.3%$708.41
114,450 at 6.31%$709.16
114,450 at 6.32%$709.91
114,450 at 6.33%$710.65
114,450 at 6.34%$711.40
114,450 at 6.35%$712.15
114,450 at 6.36%$712.90
114,450 at 6.37%$713.64
114,450 at 6.38%$714.39
114,450 at 6.39%$715.14
114,450 at 6.4%$715.89
114,450 at 6.41%$716.64
114,450 at 6.42%$717.39
114,450 at 6.43%$718.14
114,450 at 6.44%$718.89
114,450 at 6.45%$719.64
114,450 at 6.46%$720.39
114,450 at 6.47%$721.15
114,450 at 6.48%$721.90
114,450 at 6.49%$722.65
114,450 at 6.5%$723.40
Interest Rate 30 Year
114,450 at 6.51%$724.15
114,450 at 6.52%$724.91
114,450 at 6.53%$725.66
114,450 at 6.54%$726.42
114,450 at 6.55%$727.17
114,450 at 6.56%$727.92
114,450 at 6.57%$728.68
114,450 at 6.58%$729.43
114,450 at 6.59%$730.19
114,450 at 6.6%$730.95
114,450 at 6.61%$731.70
114,450 at 6.62%$732.46
114,450 at 6.63%$733.21
114,450 at 6.64%$733.97
114,450 at 6.65%$734.73
114,450 at 6.66%$735.49
114,450 at 6.67%$736.24
114,450 at 6.68%$737.00
114,450 at 6.69%$737.76
114,450 at 6.7%$738.52
114,450 at 6.71%$739.28
114,450 at 6.72%$740.04
114,450 at 6.73%$740.80
114,450 at 6.74%$741.56
114,450 at 6.75%$742.32
114,450 at 6.76%$743.08
114,450 at 6.77%$743.84
114,450 at 6.78%$744.60
114,450 at 6.79%$745.37
114,450 at 6.8%$746.13
114,450 at 6.81%$746.89
114,450 at 6.82%$747.65
114,450 at 6.83%$748.42
114,450 at 6.84%$749.18
114,450 at 6.85%$749.94
114,450 at 6.86%$750.71
114,450 at 6.87%$751.47
114,450 at 6.88%$752.24
114,450 at 6.89%$753.00
114,450 at 6.9%$753.77
114,450 at 6.91%$754.53
114,450 at 6.92%$755.30
114,450 at 6.93%$756.07
114,450 at 6.94%$756.83
114,450 at 6.95%$757.60
114,450 at 6.96%$758.37
114,450 at 6.97%$759.13
114,450 at 6.98%$759.90
114,450 at 6.99%$760.67
114,450 at 7%$761.44
114,450 at 7.01%$762.21
114,450 at 7.02%$762.98
114,450 at 7.03%$763.75
114,450 at 7.04%$764.52
114,450 at 7.05%$765.29
114,450 at 7.06%$766.06
114,450 at 7.07%$766.83
114,450 at 7.08%$767.60
114,450 at 7.09%$768.37
114,450 at 7.1%$769.14
114,450 at 7.11%$769.91
114,450 at 7.12%$770.68
114,450 at 7.13%$771.46
114,450 at 7.14%$772.23
114,450 at 7.15%$773.00
114,450 at 7.16%$773.78
114,450 at 7.17%$774.55
114,450 at 7.18%$775.32
114,450 at 7.19%$776.10
114,450 at 7.2%$776.87
114,450 at 7.21%$777.65
114,450 at 7.22%$778.42
114,450 at 7.23%$779.20
114,450 at 7.24%$779.97
114,450 at 7.25%$780.75
114,450 at 7.26%$781.53
114,450 at 7.27%$782.30
114,450 at 7.28%$783.08
114,450 at 7.29%$783.86
114,450 at 7.3%$784.64
114,450 at 7.31%$785.41
114,450 at 7.32%$786.19
114,450 at 7.33%$786.97
114,450 at 7.34%$787.75
114,450 at 7.35%$788.53
114,450 at 7.36%$789.31
114,450 at 7.37%$790.09
114,450 at 7.38%$790.87
114,450 at 7.39%$791.65
114,450 at 7.4%$792.43
114,450 at 7.41%$793.21
114,450 at 7.42%$793.99
114,450 at 7.43%$794.77
114,450 at 7.44%$795.55
114,450 at 7.45%$796.34
114,450 at 7.46%$797.12
114,450 at 7.47%$797.90
114,450 at 7.48%$798.68
114,450 at 7.49%$799.47
114,450 at 7.5%$800.25
114,450 at 7.51%$801.03
114,450 at 7.52%$801.82
114,450 at 7.53%$802.60
114,450 at 7.54%$803.39
114,450 at 7.55%$804.17
114,450 at 7.56%$804.96
114,450 at 7.57%$805.74
114,450 at 7.58%$806.53
114,450 at 7.59%$807.32
114,450 at 7.6%$808.10
114,450 at 7.61%$808.89
114,450 at 7.62%$809.68
114,450 at 7.63%$810.46
114,450 at 7.64%$811.25
114,450 at 7.65%$812.04
114,450 at 7.66%$812.83
114,450 at 7.67%$813.62
114,450 at 7.68%$814.40
114,450 at 7.69%$815.19
114,450 at 7.7%$815.98
114,450 at 7.71%$816.77
114,450 at 7.72%$817.56
114,450 at 7.73%$818.35
114,450 at 7.74%$819.14
114,450 at 7.75%$819.93
114,450 at 7.76%$820.72
114,450 at 7.77%$821.52
114,450 at 7.78%$822.31
114,450 at 7.79%$823.10
114,450 at 7.8%$823.89
114,450 at 7.81%$824.68
114,450 at 7.82%$825.48
114,450 at 7.83%$826.27
114,450 at 7.84%$827.06
114,450 at 7.85%$827.86
114,450 at 7.86%$828.65
114,450 at 7.87%$829.44
114,450 at 7.88%$830.24
114,450 at 7.89%$831.03
114,450 at 7.9%$831.83
114,450 at 7.91%$832.62
114,450 at 7.92%$833.42
114,450 at 7.93%$834.22
114,450 at 7.94%$835.01
114,450 at 7.95%$835.81
114,450 at 7.96%$836.60
114,450 at 7.97%$837.40
114,450 at 7.98%$838.20
114,450 at 7.99%$839.00
114,450 at 8%$839.79
More Amounts
What is the down payment for a $114,450 house? How much do you need to put down?
Percent Down Down Payment
1%1,145
2%2,289
3%3,434
4%4,578
5%5,723
6%6,867
7%8,012
8%9,156
9%10,301
10%11,445
11%12,590
12%13,734
13%14,879
14%16,023
15%17,168
16%18,312
17%19,457
18%20,601
19%21,746
20%22,890
Percent Down Down Payment
21%24,035
22%25,179
23%26,324
24%27,468
25%28,613
26%29,757
27%30,902
28%32,046
29%33,191
30%34,335
31%35,480
32%36,624
33%37,769
34%38,913
35%40,058
36%41,202
37%42,347
38%43,491
39%44,636
40%45,780
Percent Down Down Payment
41%46,925
42%48,069
43%49,214
44%50,358
45%51,503
46%52,647
47%53,792
48%54,936
49%56,081
50%57,225
51%58,370
52%59,514
53%60,659
54%61,803
55%62,948
56%64,092
57%65,237
58%66,381
59%67,526
60%68,670
Percent Down Down Payment
61%69,815
62%70,959
63%72,104
64%73,248
65%74,393
66%75,537
67%76,682
68%77,826
69%78,971
70%80,115
71%81,260
72%82,404
73%83,549
74%84,693
75%85,838
76%86,982
77%88,127
78%89,271
79%90,416
80%91,560
Percent Down Down Payment
81%92,705
82%93,849
83%94,994
84%96,138
85%97,283
86%98,427
87%99,572
88%100,716
89%101,861
90%103,005
91%104,150
92%105,294
93%106,439
94%107,583
95%108,728
96%109,872
97%111,017
98%112,161
99%113,306
100%114,450
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.