$13,200 Mortgage for 30 Years

What is the monthly payment of a 13,200 dollar loan?
$
$
%
%
years
Loan Tables for a $13,200 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 13k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $13,200 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
13,200 at 2.01%$48.86
13,200 at 2.02%$48.92
13,200 at 2.03%$48.99
13,200 at 2.04%$49.05
13,200 at 2.05%$49.12
13,200 at 2.06%$49.19
13,200 at 2.07%$49.25
13,200 at 2.08%$49.32
13,200 at 2.09%$49.39
13,200 at 2.1%$49.45
13,200 at 2.11%$49.52
13,200 at 2.12%$49.59
13,200 at 2.13%$49.65
13,200 at 2.14%$49.72
13,200 at 2.15%$49.79
13,200 at 2.16%$49.85
13,200 at 2.17%$49.92
13,200 at 2.18%$49.99
13,200 at 2.19%$50.05
13,200 at 2.2%$50.12
13,200 at 2.21%$50.19
13,200 at 2.22%$50.25
13,200 at 2.23%$50.32
13,200 at 2.24%$50.39
13,200 at 2.25%$50.46
13,200 at 2.26%$50.52
13,200 at 2.27%$50.59
13,200 at 2.28%$50.66
13,200 at 2.29%$50.73
13,200 at 2.3%$50.79
13,200 at 2.31%$50.86
13,200 at 2.32%$50.93
13,200 at 2.33%$51.00
13,200 at 2.34%$51.06
13,200 at 2.35%$51.13
13,200 at 2.36%$51.20
13,200 at 2.37%$51.27
13,200 at 2.38%$51.34
13,200 at 2.39%$51.40
13,200 at 2.4%$51.47
13,200 at 2.41%$51.54
13,200 at 2.42%$51.61
13,200 at 2.43%$51.68
13,200 at 2.44%$51.75
13,200 at 2.45%$51.81
13,200 at 2.46%$51.88
13,200 at 2.47%$51.95
13,200 at 2.48%$52.02
13,200 at 2.49%$52.09
13,200 at 2.5%$52.16
13,200 at 2.51%$52.22
13,200 at 2.52%$52.29
13,200 at 2.53%$52.36
13,200 at 2.54%$52.43
13,200 at 2.55%$52.50
13,200 at 2.56%$52.57
13,200 at 2.57%$52.64
13,200 at 2.58%$52.71
13,200 at 2.59%$52.78
13,200 at 2.6%$52.84
13,200 at 2.61%$52.91
13,200 at 2.62%$52.98
13,200 at 2.63%$53.05
13,200 at 2.64%$53.12
13,200 at 2.65%$53.19
13,200 at 2.66%$53.26
13,200 at 2.67%$53.33
13,200 at 2.68%$53.40
13,200 at 2.69%$53.47
13,200 at 2.7%$53.54
13,200 at 2.71%$53.61
13,200 at 2.72%$53.68
13,200 at 2.73%$53.75
13,200 at 2.74%$53.82
13,200 at 2.75%$53.89
13,200 at 2.76%$53.96
13,200 at 2.77%$54.03
13,200 at 2.78%$54.10
13,200 at 2.79%$54.17
13,200 at 2.8%$54.24
13,200 at 2.81%$54.31
13,200 at 2.82%$54.38
13,200 at 2.83%$54.45
13,200 at 2.84%$54.52
13,200 at 2.85%$54.59
13,200 at 2.86%$54.66
13,200 at 2.87%$54.73
13,200 at 2.88%$54.80
13,200 at 2.89%$54.87
13,200 at 2.9%$54.94
13,200 at 2.91%$55.01
13,200 at 2.92%$55.08
13,200 at 2.93%$55.15
13,200 at 2.94%$55.23
13,200 at 2.95%$55.30
13,200 at 2.96%$55.37
13,200 at 2.97%$55.44
13,200 at 2.98%$55.51
13,200 at 2.99%$55.58
13,200 at 3%$55.65
13,200 at 3.01%$55.72
13,200 at 3.02%$55.79
13,200 at 3.03%$55.87
13,200 at 3.04%$55.94
13,200 at 3.05%$56.01
13,200 at 3.06%$56.08
13,200 at 3.07%$56.15
13,200 at 3.08%$56.22
13,200 at 3.09%$56.29
13,200 at 3.1%$56.37
13,200 at 3.11%$56.44
13,200 at 3.12%$56.51
13,200 at 3.13%$56.58
13,200 at 3.14%$56.65
13,200 at 3.15%$56.73
13,200 at 3.16%$56.80
13,200 at 3.17%$56.87
13,200 at 3.18%$56.94
13,200 at 3.19%$57.01
13,200 at 3.2%$57.09
13,200 at 3.21%$57.16
13,200 at 3.22%$57.23
13,200 at 3.23%$57.30
13,200 at 3.24%$57.37
13,200 at 3.25%$57.45
13,200 at 3.26%$57.52
13,200 at 3.27%$57.59
13,200 at 3.28%$57.66
13,200 at 3.29%$57.74
13,200 at 3.3%$57.81
13,200 at 3.31%$57.88
13,200 at 3.32%$57.96
13,200 at 3.33%$58.03
13,200 at 3.34%$58.10
13,200 at 3.35%$58.17
13,200 at 3.36%$58.25
13,200 at 3.37%$58.32
13,200 at 3.38%$58.39
13,200 at 3.39%$58.47
13,200 at 3.4%$58.54
13,200 at 3.41%$58.61
13,200 at 3.42%$58.69
13,200 at 3.43%$58.76
13,200 at 3.44%$58.83
13,200 at 3.45%$58.91
13,200 at 3.46%$58.98
13,200 at 3.47%$59.05
13,200 at 3.48%$59.13
13,200 at 3.49%$59.20
13,200 at 3.5%$59.27
Interest Rate 30 Year
13,200 at 3.51%$59.35
13,200 at 3.52%$59.42
13,200 at 3.53%$59.50
13,200 at 3.54%$59.57
13,200 at 3.55%$59.64
13,200 at 3.56%$59.72
13,200 at 3.57%$59.79
13,200 at 3.58%$59.86
13,200 at 3.59%$59.94
13,200 at 3.6%$60.01
13,200 at 3.61%$60.09
13,200 at 3.62%$60.16
13,200 at 3.63%$60.24
13,200 at 3.64%$60.31
13,200 at 3.65%$60.38
13,200 at 3.66%$60.46
13,200 at 3.67%$60.53
13,200 at 3.68%$60.61
13,200 at 3.69%$60.68
13,200 at 3.7%$60.76
13,200 at 3.71%$60.83
13,200 at 3.72%$60.91
13,200 at 3.73%$60.98
13,200 at 3.74%$61.06
13,200 at 3.75%$61.13
13,200 at 3.76%$61.21
13,200 at 3.77%$61.28
13,200 at 3.78%$61.36
13,200 at 3.79%$61.43
13,200 at 3.8%$61.51
13,200 at 3.81%$61.58
13,200 at 3.82%$61.66
13,200 at 3.83%$61.73
13,200 at 3.84%$61.81
13,200 at 3.85%$61.88
13,200 at 3.86%$61.96
13,200 at 3.87%$62.03
13,200 at 3.88%$62.11
13,200 at 3.89%$62.18
13,200 at 3.9%$62.26
13,200 at 3.91%$62.34
13,200 at 3.92%$62.41
13,200 at 3.93%$62.49
13,200 at 3.94%$62.56
13,200 at 3.95%$62.64
13,200 at 3.96%$62.71
13,200 at 3.97%$62.79
13,200 at 3.98%$62.87
13,200 at 3.99%$62.94
13,200 at 4%$63.02
13,200 at 4.01%$63.09
13,200 at 4.02%$63.17
13,200 at 4.03%$63.25
13,200 at 4.04%$63.32
13,200 at 4.05%$63.40
13,200 at 4.06%$63.48
13,200 at 4.07%$63.55
13,200 at 4.08%$63.63
13,200 at 4.09%$63.71
13,200 at 4.1%$63.78
13,200 at 4.11%$63.86
13,200 at 4.12%$63.94
13,200 at 4.13%$64.01
13,200 at 4.14%$64.09
13,200 at 4.15%$64.17
13,200 at 4.16%$64.24
13,200 at 4.17%$64.32
13,200 at 4.18%$64.40
13,200 at 4.19%$64.47
13,200 at 4.2%$64.55
13,200 at 4.21%$64.63
13,200 at 4.22%$64.70
13,200 at 4.23%$64.78
13,200 at 4.24%$64.86
13,200 at 4.25%$64.94
13,200 at 4.26%$65.01
13,200 at 4.27%$65.09
13,200 at 4.28%$65.17
13,200 at 4.29%$65.25
13,200 at 4.3%$65.32
13,200 at 4.31%$65.40
13,200 at 4.32%$65.48
13,200 at 4.33%$65.56
13,200 at 4.34%$65.63
13,200 at 4.35%$65.71
13,200 at 4.36%$65.79
13,200 at 4.37%$65.87
13,200 at 4.38%$65.94
13,200 at 4.39%$66.02
13,200 at 4.4%$66.10
13,200 at 4.41%$66.18
13,200 at 4.42%$66.26
13,200 at 4.43%$66.33
13,200 at 4.44%$66.41
13,200 at 4.45%$66.49
13,200 at 4.46%$66.57
13,200 at 4.47%$66.65
13,200 at 4.48%$66.73
13,200 at 4.49%$66.80
13,200 at 4.5%$66.88
13,200 at 4.51%$66.96
13,200 at 4.52%$67.04
13,200 at 4.53%$67.12
13,200 at 4.54%$67.20
13,200 at 4.55%$67.28
13,200 at 4.56%$67.35
13,200 at 4.57%$67.43
13,200 at 4.58%$67.51
13,200 at 4.59%$67.59
13,200 at 4.6%$67.67
13,200 at 4.61%$67.75
13,200 at 4.62%$67.83
13,200 at 4.63%$67.91
13,200 at 4.64%$67.98
13,200 at 4.65%$68.06
13,200 at 4.66%$68.14
13,200 at 4.67%$68.22
13,200 at 4.68%$68.30
13,200 at 4.69%$68.38
13,200 at 4.7%$68.46
13,200 at 4.71%$68.54
13,200 at 4.72%$68.62
13,200 at 4.73%$68.70
13,200 at 4.74%$68.78
13,200 at 4.75%$68.86
13,200 at 4.76%$68.94
13,200 at 4.77%$69.02
13,200 at 4.78%$69.10
13,200 at 4.79%$69.18
13,200 at 4.8%$69.26
13,200 at 4.81%$69.34
13,200 at 4.82%$69.42
13,200 at 4.83%$69.50
13,200 at 4.84%$69.58
13,200 at 4.85%$69.66
13,200 at 4.86%$69.74
13,200 at 4.87%$69.82
13,200 at 4.88%$69.90
13,200 at 4.89%$69.98
13,200 at 4.9%$70.06
13,200 at 4.91%$70.14
13,200 at 4.92%$70.22
13,200 at 4.93%$70.30
13,200 at 4.94%$70.38
13,200 at 4.95%$70.46
13,200 at 4.96%$70.54
13,200 at 4.97%$70.62
13,200 at 4.98%$70.70
13,200 at 4.99%$70.78
13,200 at 5%$70.86
Interest Rate 30 Year
13,200 at 5.01%$70.94
13,200 at 5.02%$71.02
13,200 at 5.03%$71.10
13,200 at 5.04%$71.18
13,200 at 5.05%$71.26
13,200 at 5.06%$71.35
13,200 at 5.07%$71.43
13,200 at 5.08%$71.51
13,200 at 5.09%$71.59
13,200 at 5.1%$71.67
13,200 at 5.11%$71.75
13,200 at 5.12%$71.83
13,200 at 5.13%$71.91
13,200 at 5.14%$71.99
13,200 at 5.15%$72.08
13,200 at 5.16%$72.16
13,200 at 5.17%$72.24
13,200 at 5.18%$72.32
13,200 at 5.19%$72.40
13,200 at 5.2%$72.48
13,200 at 5.21%$72.56
13,200 at 5.22%$72.65
13,200 at 5.23%$72.73
13,200 at 5.24%$72.81
13,200 at 5.25%$72.89
13,200 at 5.26%$72.97
13,200 at 5.27%$73.05
13,200 at 5.28%$73.14
13,200 at 5.29%$73.22
13,200 at 5.3%$73.30
13,200 at 5.31%$73.38
13,200 at 5.32%$73.46
13,200 at 5.33%$73.55
13,200 at 5.34%$73.63
13,200 at 5.35%$73.71
13,200 at 5.36%$73.79
13,200 at 5.37%$73.88
13,200 at 5.38%$73.96
13,200 at 5.39%$74.04
13,200 at 5.4%$74.12
13,200 at 5.41%$74.20
13,200 at 5.42%$74.29
13,200 at 5.43%$74.37
13,200 at 5.44%$74.45
13,200 at 5.45%$74.53
13,200 at 5.46%$74.62
13,200 at 5.47%$74.70
13,200 at 5.48%$74.78
13,200 at 5.49%$74.87
13,200 at 5.5%$74.95
13,200 at 5.51%$75.03
13,200 at 5.52%$75.11
13,200 at 5.53%$75.20
13,200 at 5.54%$75.28
13,200 at 5.55%$75.36
13,200 at 5.56%$75.45
13,200 at 5.57%$75.53
13,200 at 5.58%$75.61
13,200 at 5.59%$75.70
13,200 at 5.6%$75.78
13,200 at 5.61%$75.86
13,200 at 5.62%$75.94
13,200 at 5.63%$76.03
13,200 at 5.64%$76.11
13,200 at 5.65%$76.20
13,200 at 5.66%$76.28
13,200 at 5.67%$76.36
13,200 at 5.68%$76.45
13,200 at 5.69%$76.53
13,200 at 5.7%$76.61
13,200 at 5.71%$76.70
13,200 at 5.72%$76.78
13,200 at 5.73%$76.86
13,200 at 5.74%$76.95
13,200 at 5.75%$77.03
13,200 at 5.76%$77.12
13,200 at 5.77%$77.20
13,200 at 5.78%$77.28
13,200 at 5.79%$77.37
13,200 at 5.8%$77.45
13,200 at 5.81%$77.54
13,200 at 5.82%$77.62
13,200 at 5.83%$77.70
13,200 at 5.84%$77.79
13,200 at 5.85%$77.87
13,200 at 5.86%$77.96
13,200 at 5.87%$78.04
13,200 at 5.88%$78.13
13,200 at 5.89%$78.21
13,200 at 5.9%$78.29
13,200 at 5.91%$78.38
13,200 at 5.92%$78.46
13,200 at 5.93%$78.55
13,200 at 5.94%$78.63
13,200 at 5.95%$78.72
13,200 at 5.96%$78.80
13,200 at 5.97%$78.89
13,200 at 5.98%$78.97
13,200 at 5.99%$79.06
13,200 at 6%$79.14
13,200 at 6.01%$79.23
13,200 at 6.02%$79.31
13,200 at 6.03%$79.40
13,200 at 6.04%$79.48
13,200 at 6.05%$79.57
13,200 at 6.06%$79.65
13,200 at 6.07%$79.74
13,200 at 6.08%$79.82
13,200 at 6.09%$79.91
13,200 at 6.1%$79.99
13,200 at 6.11%$80.08
13,200 at 6.12%$80.16
13,200 at 6.13%$80.25
13,200 at 6.14%$80.33
13,200 at 6.15%$80.42
13,200 at 6.16%$80.50
13,200 at 6.17%$80.59
13,200 at 6.18%$80.67
13,200 at 6.19%$80.76
13,200 at 6.2%$80.85
13,200 at 6.21%$80.93
13,200 at 6.22%$81.02
13,200 at 6.23%$81.10
13,200 at 6.24%$81.19
13,200 at 6.25%$81.27
13,200 at 6.26%$81.36
13,200 at 6.27%$81.45
13,200 at 6.28%$81.53
13,200 at 6.29%$81.62
13,200 at 6.3%$81.70
13,200 at 6.31%$81.79
13,200 at 6.32%$81.88
13,200 at 6.33%$81.96
13,200 at 6.34%$82.05
13,200 at 6.35%$82.14
13,200 at 6.36%$82.22
13,200 at 6.37%$82.31
13,200 at 6.38%$82.39
13,200 at 6.39%$82.48
13,200 at 6.4%$82.57
13,200 at 6.41%$82.65
13,200 at 6.42%$82.74
13,200 at 6.43%$82.83
13,200 at 6.44%$82.91
13,200 at 6.45%$83.00
13,200 at 6.46%$83.09
13,200 at 6.47%$83.17
13,200 at 6.48%$83.26
13,200 at 6.49%$83.35
13,200 at 6.5%$83.43
Interest Rate 30 Year
13,200 at 6.51%$83.52
13,200 at 6.52%$83.61
13,200 at 6.53%$83.69
13,200 at 6.54%$83.78
13,200 at 6.55%$83.87
13,200 at 6.56%$83.95
13,200 at 6.57%$84.04
13,200 at 6.58%$84.13
13,200 at 6.59%$84.22
13,200 at 6.6%$84.30
13,200 at 6.61%$84.39
13,200 at 6.62%$84.48
13,200 at 6.63%$84.56
13,200 at 6.64%$84.65
13,200 at 6.65%$84.74
13,200 at 6.66%$84.83
13,200 at 6.67%$84.91
13,200 at 6.68%$85.00
13,200 at 6.69%$85.09
13,200 at 6.7%$85.18
13,200 at 6.71%$85.26
13,200 at 6.72%$85.35
13,200 at 6.73%$85.44
13,200 at 6.74%$85.53
13,200 at 6.75%$85.61
13,200 at 6.76%$85.70
13,200 at 6.77%$85.79
13,200 at 6.78%$85.88
13,200 at 6.79%$85.97
13,200 at 6.8%$86.05
13,200 at 6.81%$86.14
13,200 at 6.82%$86.23
13,200 at 6.83%$86.32
13,200 at 6.84%$86.41
13,200 at 6.85%$86.49
13,200 at 6.86%$86.58
13,200 at 6.87%$86.67
13,200 at 6.88%$86.76
13,200 at 6.89%$86.85
13,200 at 6.9%$86.94
13,200 at 6.91%$87.02
13,200 at 6.92%$87.11
13,200 at 6.93%$87.20
13,200 at 6.94%$87.29
13,200 at 6.95%$87.38
13,200 at 6.96%$87.47
13,200 at 6.97%$87.55
13,200 at 6.98%$87.64
13,200 at 6.99%$87.73
13,200 at 7%$87.82
13,200 at 7.01%$87.91
13,200 at 7.02%$88.00
13,200 at 7.03%$88.09
13,200 at 7.04%$88.17
13,200 at 7.05%$88.26
13,200 at 7.06%$88.35
13,200 at 7.07%$88.44
13,200 at 7.08%$88.53
13,200 at 7.09%$88.62
13,200 at 7.1%$88.71
13,200 at 7.11%$88.80
13,200 at 7.12%$88.89
13,200 at 7.13%$88.98
13,200 at 7.14%$89.06
13,200 at 7.15%$89.15
13,200 at 7.16%$89.24
13,200 at 7.17%$89.33
13,200 at 7.18%$89.42
13,200 at 7.19%$89.51
13,200 at 7.2%$89.60
13,200 at 7.21%$89.69
13,200 at 7.22%$89.78
13,200 at 7.23%$89.87
13,200 at 7.24%$89.96
13,200 at 7.25%$90.05
13,200 at 7.26%$90.14
13,200 at 7.27%$90.23
13,200 at 7.28%$90.32
13,200 at 7.29%$90.41
13,200 at 7.3%$90.50
13,200 at 7.31%$90.59
13,200 at 7.32%$90.67
13,200 at 7.33%$90.76
13,200 at 7.34%$90.85
13,200 at 7.35%$90.94
13,200 at 7.36%$91.03
13,200 at 7.37%$91.12
13,200 at 7.38%$91.21
13,200 at 7.39%$91.30
13,200 at 7.4%$91.39
13,200 at 7.41%$91.48
13,200 at 7.42%$91.57
13,200 at 7.43%$91.66
13,200 at 7.44%$91.75
13,200 at 7.45%$91.84
13,200 at 7.46%$91.94
13,200 at 7.47%$92.03
13,200 at 7.48%$92.12
13,200 at 7.49%$92.21
13,200 at 7.5%$92.30
13,200 at 7.51%$92.39
13,200 at 7.52%$92.48
13,200 at 7.53%$92.57
13,200 at 7.54%$92.66
13,200 at 7.55%$92.75
13,200 at 7.56%$92.84
13,200 at 7.57%$92.93
13,200 at 7.58%$93.02
13,200 at 7.59%$93.11
13,200 at 7.6%$93.20
13,200 at 7.61%$93.29
13,200 at 7.62%$93.38
13,200 at 7.63%$93.47
13,200 at 7.64%$93.57
13,200 at 7.65%$93.66
13,200 at 7.66%$93.75
13,200 at 7.67%$93.84
13,200 at 7.68%$93.93
13,200 at 7.69%$94.02
13,200 at 7.7%$94.11
13,200 at 7.71%$94.20
13,200 at 7.72%$94.29
13,200 at 7.73%$94.38
13,200 at 7.74%$94.48
13,200 at 7.75%$94.57
13,200 at 7.76%$94.66
13,200 at 7.77%$94.75
13,200 at 7.78%$94.84
13,200 at 7.79%$94.93
13,200 at 7.8%$95.02
13,200 at 7.81%$95.11
13,200 at 7.82%$95.21
13,200 at 7.83%$95.30
13,200 at 7.84%$95.39
13,200 at 7.85%$95.48
13,200 at 7.86%$95.57
13,200 at 7.87%$95.66
13,200 at 7.88%$95.75
13,200 at 7.89%$95.85
13,200 at 7.9%$95.94
13,200 at 7.91%$96.03
13,200 at 7.92%$96.12
13,200 at 7.93%$96.21
13,200 at 7.94%$96.31
13,200 at 7.95%$96.40
13,200 at 7.96%$96.49
13,200 at 7.97%$96.58
13,200 at 7.98%$96.67
13,200 at 7.99%$96.76
13,200 at 8%$96.86
More Amounts
What is the down payment for a $13,200 house? How much do you need to put down?
Percent Down Down Payment
1%132
2%264
3%396
4%528
5%660
6%792
7%924
8%1,056
9%1,188
10%1,320
11%1,452
12%1,584
13%1,716
14%1,848
15%1,980
16%2,112
17%2,244
18%2,376
19%2,508
20%2,640
Percent Down Down Payment
21%2,772
22%2,904
23%3,036
24%3,168
25%3,300
26%3,432
27%3,564
28%3,696
29%3,828
30%3,960
31%4,092
32%4,224
33%4,356
34%4,488
35%4,620
36%4,752
37%4,884
38%5,016
39%5,148
40%5,280
Percent Down Down Payment
41%5,412
42%5,544
43%5,676
44%5,808
45%5,940
46%6,072
47%6,204
48%6,336
49%6,468
50%6,600
51%6,732
52%6,864
53%6,996
54%7,128
55%7,260
56%7,392
57%7,524
58%7,656
59%7,788
60%7,920
Percent Down Down Payment
61%8,052
62%8,184
63%8,316
64%8,448
65%8,580
66%8,712
67%8,844
68%8,976
69%9,108
70%9,240
71%9,372
72%9,504
73%9,636
74%9,768
75%9,900
76%10,032
77%10,164
78%10,296
79%10,428
80%10,560
Percent Down Down Payment
81%10,692
82%10,824
83%10,956
84%11,088
85%11,220
86%11,352
87%11,484
88%11,616
89%11,748
90%11,880
91%12,012
92%12,144
93%12,276
94%12,408
95%12,540
96%12,672
97%12,804
98%12,936
99%13,068
100%13,200
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.