$33,400 Mortgage for 30 Years

What is the monthly payment of a 33,400 dollar loan?
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Loan Tables for a $33,400 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 33k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $33,400 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
33,400 at 2.01%$123.62
33,400 at 2.02%$123.79
33,400 at 2.03%$123.95
33,400 at 2.04%$124.12
33,400 at 2.05%$124.29
33,400 at 2.06%$124.46
33,400 at 2.07%$124.63
33,400 at 2.08%$124.79
33,400 at 2.09%$124.96
33,400 at 2.1%$125.13
33,400 at 2.11%$125.30
33,400 at 2.12%$125.47
33,400 at 2.13%$125.64
33,400 at 2.14%$125.80
33,400 at 2.15%$125.97
33,400 at 2.16%$126.14
33,400 at 2.17%$126.31
33,400 at 2.18%$126.48
33,400 at 2.19%$126.65
33,400 at 2.2%$126.82
33,400 at 2.21%$126.99
33,400 at 2.22%$127.16
33,400 at 2.23%$127.33
33,400 at 2.24%$127.50
33,400 at 2.25%$127.67
33,400 at 2.26%$127.84
33,400 at 2.27%$128.01
33,400 at 2.28%$128.18
33,400 at 2.29%$128.35
33,400 at 2.3%$128.52
33,400 at 2.31%$128.69
33,400 at 2.32%$128.87
33,400 at 2.33%$129.04
33,400 at 2.34%$129.21
33,400 at 2.35%$129.38
33,400 at 2.36%$129.55
33,400 at 2.37%$129.72
33,400 at 2.38%$129.90
33,400 at 2.39%$130.07
33,400 at 2.4%$130.24
33,400 at 2.41%$130.41
33,400 at 2.42%$130.59
33,400 at 2.43%$130.76
33,400 at 2.44%$130.93
33,400 at 2.45%$131.10
33,400 at 2.46%$131.28
33,400 at 2.47%$131.45
33,400 at 2.48%$131.62
33,400 at 2.49%$131.80
33,400 at 2.5%$131.97
33,400 at 2.51%$132.14
33,400 at 2.52%$132.32
33,400 at 2.53%$132.49
33,400 at 2.54%$132.67
33,400 at 2.55%$132.84
33,400 at 2.56%$133.01
33,400 at 2.57%$133.19
33,400 at 2.58%$133.36
33,400 at 2.59%$133.54
33,400 at 2.6%$133.71
33,400 at 2.61%$133.89
33,400 at 2.62%$134.06
33,400 at 2.63%$134.24
33,400 at 2.64%$134.41
33,400 at 2.65%$134.59
33,400 at 2.66%$134.77
33,400 at 2.67%$134.94
33,400 at 2.68%$135.12
33,400 at 2.69%$135.29
33,400 at 2.7%$135.47
33,400 at 2.71%$135.65
33,400 at 2.72%$135.82
33,400 at 2.73%$136.00
33,400 at 2.74%$136.18
33,400 at 2.75%$136.35
33,400 at 2.76%$136.53
33,400 at 2.77%$136.71
33,400 at 2.78%$136.88
33,400 at 2.79%$137.06
33,400 at 2.8%$137.24
33,400 at 2.81%$137.42
33,400 at 2.82%$137.59
33,400 at 2.83%$137.77
33,400 at 2.84%$137.95
33,400 at 2.85%$138.13
33,400 at 2.86%$138.31
33,400 at 2.87%$138.48
33,400 at 2.88%$138.66
33,400 at 2.89%$138.84
33,400 at 2.9%$139.02
33,400 at 2.91%$139.20
33,400 at 2.92%$139.38
33,400 at 2.93%$139.56
33,400 at 2.94%$139.74
33,400 at 2.95%$139.92
33,400 at 2.96%$140.10
33,400 at 2.97%$140.28
33,400 at 2.98%$140.46
33,400 at 2.99%$140.64
33,400 at 3%$140.82
33,400 at 3.01%$141.00
33,400 at 3.02%$141.18
33,400 at 3.03%$141.36
33,400 at 3.04%$141.54
33,400 at 3.05%$141.72
33,400 at 3.06%$141.90
33,400 at 3.07%$142.08
33,400 at 3.08%$142.26
33,400 at 3.09%$142.44
33,400 at 3.1%$142.62
33,400 at 3.11%$142.80
33,400 at 3.12%$142.99
33,400 at 3.13%$143.17
33,400 at 3.14%$143.35
33,400 at 3.15%$143.53
33,400 at 3.16%$143.71
33,400 at 3.17%$143.90
33,400 at 3.18%$144.08
33,400 at 3.19%$144.26
33,400 at 3.2%$144.44
33,400 at 3.21%$144.63
33,400 at 3.22%$144.81
33,400 at 3.23%$144.99
33,400 at 3.24%$145.18
33,400 at 3.25%$145.36
33,400 at 3.26%$145.54
33,400 at 3.27%$145.73
33,400 at 3.28%$145.91
33,400 at 3.29%$146.09
33,400 at 3.3%$146.28
33,400 at 3.31%$146.46
33,400 at 3.32%$146.65
33,400 at 3.33%$146.83
33,400 at 3.34%$147.01
33,400 at 3.35%$147.20
33,400 at 3.36%$147.38
33,400 at 3.37%$147.57
33,400 at 3.38%$147.75
33,400 at 3.39%$147.94
33,400 at 3.4%$148.12
33,400 at 3.41%$148.31
33,400 at 3.42%$148.49
33,400 at 3.43%$148.68
33,400 at 3.44%$148.86
33,400 at 3.45%$149.05
33,400 at 3.46%$149.24
33,400 at 3.47%$149.42
33,400 at 3.48%$149.61
33,400 at 3.49%$149.79
33,400 at 3.5%$149.98
Interest Rate 30 Year
33,400 at 3.51%$150.17
33,400 at 3.52%$150.35
33,400 at 3.53%$150.54
33,400 at 3.54%$150.73
33,400 at 3.55%$150.91
33,400 at 3.56%$151.10
33,400 at 3.57%$151.29
33,400 at 3.58%$151.48
33,400 at 3.59%$151.66
33,400 at 3.6%$151.85
33,400 at 3.61%$152.04
33,400 at 3.62%$152.23
33,400 at 3.63%$152.42
33,400 at 3.64%$152.60
33,400 at 3.65%$152.79
33,400 at 3.66%$152.98
33,400 at 3.67%$153.17
33,400 at 3.68%$153.36
33,400 at 3.69%$153.55
33,400 at 3.7%$153.73
33,400 at 3.71%$153.92
33,400 at 3.72%$154.11
33,400 at 3.73%$154.30
33,400 at 3.74%$154.49
33,400 at 3.75%$154.68
33,400 at 3.76%$154.87
33,400 at 3.77%$155.06
33,400 at 3.78%$155.25
33,400 at 3.79%$155.44
33,400 at 3.8%$155.63
33,400 at 3.81%$155.82
33,400 at 3.82%$156.01
33,400 at 3.83%$156.20
33,400 at 3.84%$156.39
33,400 at 3.85%$156.58
33,400 at 3.86%$156.77
33,400 at 3.87%$156.96
33,400 at 3.88%$157.15
33,400 at 3.89%$157.35
33,400 at 3.9%$157.54
33,400 at 3.91%$157.73
33,400 at 3.92%$157.92
33,400 at 3.93%$158.11
33,400 at 3.94%$158.30
33,400 at 3.95%$158.50
33,400 at 3.96%$158.69
33,400 at 3.97%$158.88
33,400 at 3.98%$159.07
33,400 at 3.99%$159.26
33,400 at 4%$159.46
33,400 at 4.01%$159.65
33,400 at 4.02%$159.84
33,400 at 4.03%$160.03
33,400 at 4.04%$160.23
33,400 at 4.05%$160.42
33,400 at 4.06%$160.61
33,400 at 4.07%$160.81
33,400 at 4.08%$161.00
33,400 at 4.09%$161.19
33,400 at 4.1%$161.39
33,400 at 4.11%$161.58
33,400 at 4.12%$161.78
33,400 at 4.13%$161.97
33,400 at 4.14%$162.16
33,400 at 4.15%$162.36
33,400 at 4.16%$162.55
33,400 at 4.17%$162.75
33,400 at 4.18%$162.94
33,400 at 4.19%$163.14
33,400 at 4.2%$163.33
33,400 at 4.21%$163.53
33,400 at 4.22%$163.72
33,400 at 4.23%$163.92
33,400 at 4.24%$164.11
33,400 at 4.25%$164.31
33,400 at 4.26%$164.50
33,400 at 4.27%$164.70
33,400 at 4.28%$164.90
33,400 at 4.29%$165.09
33,400 at 4.3%$165.29
33,400 at 4.31%$165.48
33,400 at 4.32%$165.68
33,400 at 4.33%$165.88
33,400 at 4.34%$166.07
33,400 at 4.35%$166.27
33,400 at 4.36%$166.47
33,400 at 4.37%$166.66
33,400 at 4.38%$166.86
33,400 at 4.39%$167.06
33,400 at 4.4%$167.25
33,400 at 4.41%$167.45
33,400 at 4.42%$167.65
33,400 at 4.43%$167.85
33,400 at 4.44%$168.04
33,400 at 4.45%$168.24
33,400 at 4.46%$168.44
33,400 at 4.47%$168.64
33,400 at 4.48%$168.84
33,400 at 4.49%$169.03
33,400 at 4.5%$169.23
33,400 at 4.51%$169.43
33,400 at 4.52%$169.63
33,400 at 4.53%$169.83
33,400 at 4.54%$170.03
33,400 at 4.55%$170.23
33,400 at 4.56%$170.43
33,400 at 4.57%$170.62
33,400 at 4.58%$170.82
33,400 at 4.59%$171.02
33,400 at 4.6%$171.22
33,400 at 4.61%$171.42
33,400 at 4.62%$171.62
33,400 at 4.63%$171.82
33,400 at 4.64%$172.02
33,400 at 4.65%$172.22
33,400 at 4.66%$172.42
33,400 at 4.67%$172.62
33,400 at 4.68%$172.82
33,400 at 4.69%$173.02
33,400 at 4.7%$173.23
33,400 at 4.71%$173.43
33,400 at 4.72%$173.63
33,400 at 4.73%$173.83
33,400 at 4.74%$174.03
33,400 at 4.75%$174.23
33,400 at 4.76%$174.43
33,400 at 4.77%$174.63
33,400 at 4.78%$174.83
33,400 at 4.79%$175.04
33,400 at 4.8%$175.24
33,400 at 4.81%$175.44
33,400 at 4.82%$175.64
33,400 at 4.83%$175.84
33,400 at 4.84%$176.05
33,400 at 4.85%$176.25
33,400 at 4.86%$176.45
33,400 at 4.87%$176.65
33,400 at 4.88%$176.86
33,400 at 4.89%$177.06
33,400 at 4.9%$177.26
33,400 at 4.91%$177.47
33,400 at 4.92%$177.67
33,400 at 4.93%$177.87
33,400 at 4.94%$178.08
33,400 at 4.95%$178.28
33,400 at 4.96%$178.48
33,400 at 4.97%$178.69
33,400 at 4.98%$178.89
33,400 at 4.99%$179.09
33,400 at 5%$179.30
Interest Rate 30 Year
33,400 at 5.01%$179.50
33,400 at 5.02%$179.71
33,400 at 5.03%$179.91
33,400 at 5.04%$180.12
33,400 at 5.05%$180.32
33,400 at 5.06%$180.53
33,400 at 5.07%$180.73
33,400 at 5.08%$180.93
33,400 at 5.09%$181.14
33,400 at 5.1%$181.35
33,400 at 5.11%$181.55
33,400 at 5.12%$181.76
33,400 at 5.13%$181.96
33,400 at 5.14%$182.17
33,400 at 5.15%$182.37
33,400 at 5.16%$182.58
33,400 at 5.17%$182.78
33,400 at 5.18%$182.99
33,400 at 5.19%$183.20
33,400 at 5.2%$183.40
33,400 at 5.21%$183.61
33,400 at 5.22%$183.82
33,400 at 5.23%$184.02
33,400 at 5.24%$184.23
33,400 at 5.25%$184.44
33,400 at 5.26%$184.64
33,400 at 5.27%$184.85
33,400 at 5.28%$185.06
33,400 at 5.29%$185.26
33,400 at 5.3%$185.47
33,400 at 5.31%$185.68
33,400 at 5.32%$185.89
33,400 at 5.33%$186.09
33,400 at 5.34%$186.30
33,400 at 5.35%$186.51
33,400 at 5.36%$186.72
33,400 at 5.37%$186.93
33,400 at 5.38%$187.13
33,400 at 5.39%$187.34
33,400 at 5.4%$187.55
33,400 at 5.41%$187.76
33,400 at 5.42%$187.97
33,400 at 5.43%$188.18
33,400 at 5.44%$188.39
33,400 at 5.45%$188.60
33,400 at 5.46%$188.80
33,400 at 5.47%$189.01
33,400 at 5.48%$189.22
33,400 at 5.49%$189.43
33,400 at 5.5%$189.64
33,400 at 5.51%$189.85
33,400 at 5.52%$190.06
33,400 at 5.53%$190.27
33,400 at 5.54%$190.48
33,400 at 5.55%$190.69
33,400 at 5.56%$190.90
33,400 at 5.57%$191.11
33,400 at 5.58%$191.32
33,400 at 5.59%$191.53
33,400 at 5.6%$191.74
33,400 at 5.61%$191.95
33,400 at 5.62%$192.16
33,400 at 5.63%$192.37
33,400 at 5.64%$192.59
33,400 at 5.65%$192.80
33,400 at 5.66%$193.01
33,400 at 5.67%$193.22
33,400 at 5.68%$193.43
33,400 at 5.69%$193.64
33,400 at 5.7%$193.85
33,400 at 5.71%$194.07
33,400 at 5.72%$194.28
33,400 at 5.73%$194.49
33,400 at 5.74%$194.70
33,400 at 5.75%$194.91
33,400 at 5.76%$195.13
33,400 at 5.77%$195.34
33,400 at 5.78%$195.55
33,400 at 5.79%$195.76
33,400 at 5.8%$195.98
33,400 at 5.81%$196.19
33,400 at 5.82%$196.40
33,400 at 5.83%$196.61
33,400 at 5.84%$196.83
33,400 at 5.85%$197.04
33,400 at 5.86%$197.25
33,400 at 5.87%$197.47
33,400 at 5.88%$197.68
33,400 at 5.89%$197.89
33,400 at 5.9%$198.11
33,400 at 5.91%$198.32
33,400 at 5.92%$198.54
33,400 at 5.93%$198.75
33,400 at 5.94%$198.96
33,400 at 5.95%$199.18
33,400 at 5.96%$199.39
33,400 at 5.97%$199.61
33,400 at 5.98%$199.82
33,400 at 5.99%$200.04
33,400 at 6%$200.25
33,400 at 6.01%$200.46
33,400 at 6.02%$200.68
33,400 at 6.03%$200.89
33,400 at 6.04%$201.11
33,400 at 6.05%$201.32
33,400 at 6.06%$201.54
33,400 at 6.07%$201.76
33,400 at 6.08%$201.97
33,400 at 6.09%$202.19
33,400 at 6.1%$202.40
33,400 at 6.11%$202.62
33,400 at 6.12%$202.83
33,400 at 6.13%$203.05
33,400 at 6.14%$203.27
33,400 at 6.15%$203.48
33,400 at 6.16%$203.70
33,400 at 6.17%$203.91
33,400 at 6.18%$204.13
33,400 at 6.19%$204.35
33,400 at 6.2%$204.56
33,400 at 6.21%$204.78
33,400 at 6.22%$205.00
33,400 at 6.23%$205.22
33,400 at 6.24%$205.43
33,400 at 6.25%$205.65
33,400 at 6.26%$205.87
33,400 at 6.27%$206.08
33,400 at 6.28%$206.30
33,400 at 6.29%$206.52
33,400 at 6.3%$206.74
33,400 at 6.31%$206.95
33,400 at 6.32%$207.17
33,400 at 6.33%$207.39
33,400 at 6.34%$207.61
33,400 at 6.35%$207.83
33,400 at 6.36%$208.04
33,400 at 6.37%$208.26
33,400 at 6.38%$208.48
33,400 at 6.39%$208.70
33,400 at 6.4%$208.92
33,400 at 6.41%$209.14
33,400 at 6.42%$209.36
33,400 at 6.43%$209.58
33,400 at 6.44%$209.79
33,400 at 6.45%$210.01
33,400 at 6.46%$210.23
33,400 at 6.47%$210.45
33,400 at 6.48%$210.67
33,400 at 6.49%$210.89
33,400 at 6.5%$211.11
Interest Rate 30 Year
33,400 at 6.51%$211.33
33,400 at 6.52%$211.55
33,400 at 6.53%$211.77
33,400 at 6.54%$211.99
33,400 at 6.55%$212.21
33,400 at 6.56%$212.43
33,400 at 6.57%$212.65
33,400 at 6.58%$212.87
33,400 at 6.59%$213.09
33,400 at 6.6%$213.31
33,400 at 6.61%$213.53
33,400 at 6.62%$213.75
33,400 at 6.63%$213.97
33,400 at 6.64%$214.20
33,400 at 6.65%$214.42
33,400 at 6.66%$214.64
33,400 at 6.67%$214.86
33,400 at 6.68%$215.08
33,400 at 6.69%$215.30
33,400 at 6.7%$215.52
33,400 at 6.71%$215.74
33,400 at 6.72%$215.97
33,400 at 6.73%$216.19
33,400 at 6.74%$216.41
33,400 at 6.75%$216.63
33,400 at 6.76%$216.85
33,400 at 6.77%$217.08
33,400 at 6.78%$217.30
33,400 at 6.79%$217.52
33,400 at 6.8%$217.74
33,400 at 6.81%$217.97
33,400 at 6.82%$218.19
33,400 at 6.83%$218.41
33,400 at 6.84%$218.63
33,400 at 6.85%$218.86
33,400 at 6.86%$219.08
33,400 at 6.87%$219.30
33,400 at 6.88%$219.53
33,400 at 6.89%$219.75
33,400 at 6.9%$219.97
33,400 at 6.91%$220.20
33,400 at 6.92%$220.42
33,400 at 6.93%$220.64
33,400 at 6.94%$220.87
33,400 at 6.95%$221.09
33,400 at 6.96%$221.31
33,400 at 6.97%$221.54
33,400 at 6.98%$221.76
33,400 at 6.99%$221.99
33,400 at 7%$222.21
33,400 at 7.01%$222.44
33,400 at 7.02%$222.66
33,400 at 7.03%$222.88
33,400 at 7.04%$223.11
33,400 at 7.05%$223.33
33,400 at 7.06%$223.56
33,400 at 7.07%$223.78
33,400 at 7.08%$224.01
33,400 at 7.09%$224.23
33,400 at 7.1%$224.46
33,400 at 7.11%$224.68
33,400 at 7.12%$224.91
33,400 at 7.13%$225.13
33,400 at 7.14%$225.36
33,400 at 7.15%$225.59
33,400 at 7.16%$225.81
33,400 at 7.17%$226.04
33,400 at 7.18%$226.26
33,400 at 7.19%$226.49
33,400 at 7.2%$226.72
33,400 at 7.21%$226.94
33,400 at 7.22%$227.17
33,400 at 7.23%$227.39
33,400 at 7.24%$227.62
33,400 at 7.25%$227.85
33,400 at 7.26%$228.07
33,400 at 7.27%$228.30
33,400 at 7.28%$228.53
33,400 at 7.29%$228.75
33,400 at 7.3%$228.98
33,400 at 7.31%$229.21
33,400 at 7.32%$229.43
33,400 at 7.33%$229.66
33,400 at 7.34%$229.89
33,400 at 7.35%$230.12
33,400 at 7.36%$230.34
33,400 at 7.37%$230.57
33,400 at 7.38%$230.80
33,400 at 7.39%$231.03
33,400 at 7.4%$231.25
33,400 at 7.41%$231.48
33,400 at 7.42%$231.71
33,400 at 7.43%$231.94
33,400 at 7.44%$232.17
33,400 at 7.45%$232.40
33,400 at 7.46%$232.62
33,400 at 7.47%$232.85
33,400 at 7.48%$233.08
33,400 at 7.49%$233.31
33,400 at 7.5%$233.54
33,400 at 7.51%$233.77
33,400 at 7.52%$234.00
33,400 at 7.53%$234.22
33,400 at 7.54%$234.45
33,400 at 7.55%$234.68
33,400 at 7.56%$234.91
33,400 at 7.57%$235.14
33,400 at 7.58%$235.37
33,400 at 7.59%$235.60
33,400 at 7.6%$235.83
33,400 at 7.61%$236.06
33,400 at 7.62%$236.29
33,400 at 7.63%$236.52
33,400 at 7.64%$236.75
33,400 at 7.65%$236.98
33,400 at 7.66%$237.21
33,400 at 7.67%$237.44
33,400 at 7.68%$237.67
33,400 at 7.69%$237.90
33,400 at 7.7%$238.13
33,400 at 7.71%$238.36
33,400 at 7.72%$238.59
33,400 at 7.73%$238.82
33,400 at 7.74%$239.05
33,400 at 7.75%$239.28
33,400 at 7.76%$239.51
33,400 at 7.77%$239.74
33,400 at 7.78%$239.97
33,400 at 7.79%$240.21
33,400 at 7.8%$240.44
33,400 at 7.81%$240.67
33,400 at 7.82%$240.90
33,400 at 7.83%$241.13
33,400 at 7.84%$241.36
33,400 at 7.85%$241.59
33,400 at 7.86%$241.83
33,400 at 7.87%$242.06
33,400 at 7.88%$242.29
33,400 at 7.89%$242.52
33,400 at 7.9%$242.75
33,400 at 7.91%$242.99
33,400 at 7.92%$243.22
33,400 at 7.93%$243.45
33,400 at 7.94%$243.68
33,400 at 7.95%$243.91
33,400 at 7.96%$244.15
33,400 at 7.97%$244.38
33,400 at 7.98%$244.61
33,400 at 7.99%$244.84
33,400 at 8%$245.08
More Amounts
What is the down payment for a $33,400 house? How much do you need to put down?
Percent Down Down Payment
1%334
2%668
3%1,002
4%1,336
5%1,670
6%2,004
7%2,338
8%2,672
9%3,006
10%3,340
11%3,674
12%4,008
13%4,342
14%4,676
15%5,010
16%5,344
17%5,678
18%6,012
19%6,346
20%6,680
Percent Down Down Payment
21%7,014
22%7,348
23%7,682
24%8,016
25%8,350
26%8,684
27%9,018
28%9,352
29%9,686
30%10,020
31%10,354
32%10,688
33%11,022
34%11,356
35%11,690
36%12,024
37%12,358
38%12,692
39%13,026
40%13,360
Percent Down Down Payment
41%13,694
42%14,028
43%14,362
44%14,696
45%15,030
46%15,364
47%15,698
48%16,032
49%16,366
50%16,700
51%17,034
52%17,368
53%17,702
54%18,036
55%18,370
56%18,704
57%19,038
58%19,372
59%19,706
60%20,040
Percent Down Down Payment
61%20,374
62%20,708
63%21,042
64%21,376
65%21,710
66%22,044
67%22,378
68%22,712
69%23,046
70%23,380
71%23,714
72%24,048
73%24,382
74%24,716
75%25,050
76%25,384
77%25,718
78%26,052
79%26,386
80%26,720
Percent Down Down Payment
81%27,054
82%27,388
83%27,722
84%28,056
85%28,390
86%28,724
87%29,058
88%29,392
89%29,726
90%30,060
91%30,394
92%30,728
93%31,062
94%31,396
95%31,730
96%32,064
97%32,398
98%32,732
99%33,066
100%33,400
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.