$33,450 Mortgage for 30 Years

What is the monthly payment of a 33,450 dollar loan?
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Loan Tables for a $33,450 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 $33,450 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
33,450 at 2.01%$123.81
33,450 at 2.02%$123.97
33,450 at 2.03%$124.14
33,450 at 2.04%$124.31
33,450 at 2.05%$124.48
33,450 at 2.06%$124.64
33,450 at 2.07%$124.81
33,450 at 2.08%$124.98
33,450 at 2.09%$125.15
33,450 at 2.1%$125.32
33,450 at 2.11%$125.49
33,450 at 2.12%$125.65
33,450 at 2.13%$125.82
33,450 at 2.14%$125.99
33,450 at 2.15%$126.16
33,450 at 2.16%$126.33
33,450 at 2.17%$126.50
33,450 at 2.18%$126.67
33,450 at 2.19%$126.84
33,450 at 2.2%$127.01
33,450 at 2.21%$127.18
33,450 at 2.22%$127.35
33,450 at 2.23%$127.52
33,450 at 2.24%$127.69
33,450 at 2.25%$127.86
33,450 at 2.26%$128.03
33,450 at 2.27%$128.20
33,450 at 2.28%$128.37
33,450 at 2.29%$128.54
33,450 at 2.3%$128.72
33,450 at 2.31%$128.89
33,450 at 2.32%$129.06
33,450 at 2.33%$129.23
33,450 at 2.34%$129.40
33,450 at 2.35%$129.57
33,450 at 2.36%$129.75
33,450 at 2.37%$129.92
33,450 at 2.38%$130.09
33,450 at 2.39%$130.26
33,450 at 2.4%$130.44
33,450 at 2.41%$130.61
33,450 at 2.42%$130.78
33,450 at 2.43%$130.95
33,450 at 2.44%$131.13
33,450 at 2.45%$131.30
33,450 at 2.46%$131.47
33,450 at 2.47%$131.65
33,450 at 2.48%$131.82
33,450 at 2.49%$131.99
33,450 at 2.5%$132.17
33,450 at 2.51%$132.34
33,450 at 2.52%$132.52
33,450 at 2.53%$132.69
33,450 at 2.54%$132.86
33,450 at 2.55%$133.04
33,450 at 2.56%$133.21
33,450 at 2.57%$133.39
33,450 at 2.58%$133.56
33,450 at 2.59%$133.74
33,450 at 2.6%$133.91
33,450 at 2.61%$134.09
33,450 at 2.62%$134.26
33,450 at 2.63%$134.44
33,450 at 2.64%$134.62
33,450 at 2.65%$134.79
33,450 at 2.66%$134.97
33,450 at 2.67%$135.14
33,450 at 2.68%$135.32
33,450 at 2.69%$135.50
33,450 at 2.7%$135.67
33,450 at 2.71%$135.85
33,450 at 2.72%$136.03
33,450 at 2.73%$136.20
33,450 at 2.74%$136.38
33,450 at 2.75%$136.56
33,450 at 2.76%$136.73
33,450 at 2.77%$136.91
33,450 at 2.78%$137.09
33,450 at 2.79%$137.27
33,450 at 2.8%$137.44
33,450 at 2.81%$137.62
33,450 at 2.82%$137.80
33,450 at 2.83%$137.98
33,450 at 2.84%$138.16
33,450 at 2.85%$138.33
33,450 at 2.86%$138.51
33,450 at 2.87%$138.69
33,450 at 2.88%$138.87
33,450 at 2.89%$139.05
33,450 at 2.9%$139.23
33,450 at 2.91%$139.41
33,450 at 2.92%$139.59
33,450 at 2.93%$139.77
33,450 at 2.94%$139.95
33,450 at 2.95%$140.13
33,450 at 2.96%$140.31
33,450 at 2.97%$140.49
33,450 at 2.98%$140.67
33,450 at 2.99%$140.85
33,450 at 3%$141.03
33,450 at 3.01%$141.21
33,450 at 3.02%$141.39
33,450 at 3.03%$141.57
33,450 at 3.04%$141.75
33,450 at 3.05%$141.93
33,450 at 3.06%$142.11
33,450 at 3.07%$142.29
33,450 at 3.08%$142.47
33,450 at 3.09%$142.66
33,450 at 3.1%$142.84
33,450 at 3.11%$143.02
33,450 at 3.12%$143.20
33,450 at 3.13%$143.38
33,450 at 3.14%$143.56
33,450 at 3.15%$143.75
33,450 at 3.16%$143.93
33,450 at 3.17%$144.11
33,450 at 3.18%$144.29
33,450 at 3.19%$144.48
33,450 at 3.2%$144.66
33,450 at 3.21%$144.84
33,450 at 3.22%$145.03
33,450 at 3.23%$145.21
33,450 at 3.24%$145.39
33,450 at 3.25%$145.58
33,450 at 3.26%$145.76
33,450 at 3.27%$145.94
33,450 at 3.28%$146.13
33,450 at 3.29%$146.31
33,450 at 3.3%$146.50
33,450 at 3.31%$146.68
33,450 at 3.32%$146.86
33,450 at 3.33%$147.05
33,450 at 3.34%$147.23
33,450 at 3.35%$147.42
33,450 at 3.36%$147.60
33,450 at 3.37%$147.79
33,450 at 3.38%$147.97
33,450 at 3.39%$148.16
33,450 at 3.4%$148.34
33,450 at 3.41%$148.53
33,450 at 3.42%$148.72
33,450 at 3.43%$148.90
33,450 at 3.44%$149.09
33,450 at 3.45%$149.27
33,450 at 3.46%$149.46
33,450 at 3.47%$149.65
33,450 at 3.48%$149.83
33,450 at 3.49%$150.02
33,450 at 3.5%$150.21
Interest Rate 30 Year
33,450 at 3.51%$150.39
33,450 at 3.52%$150.58
33,450 at 3.53%$150.77
33,450 at 3.54%$150.95
33,450 at 3.55%$151.14
33,450 at 3.56%$151.33
33,450 at 3.57%$151.52
33,450 at 3.58%$151.70
33,450 at 3.59%$151.89
33,450 at 3.6%$152.08
33,450 at 3.61%$152.27
33,450 at 3.62%$152.46
33,450 at 3.63%$152.64
33,450 at 3.64%$152.83
33,450 at 3.65%$153.02
33,450 at 3.66%$153.21
33,450 at 3.67%$153.40
33,450 at 3.68%$153.59
33,450 at 3.69%$153.78
33,450 at 3.7%$153.96
33,450 at 3.71%$154.15
33,450 at 3.72%$154.34
33,450 at 3.73%$154.53
33,450 at 3.74%$154.72
33,450 at 3.75%$154.91
33,450 at 3.76%$155.10
33,450 at 3.77%$155.29
33,450 at 3.78%$155.48
33,450 at 3.79%$155.67
33,450 at 3.8%$155.86
33,450 at 3.81%$156.05
33,450 at 3.82%$156.24
33,450 at 3.83%$156.43
33,450 at 3.84%$156.63
33,450 at 3.85%$156.82
33,450 at 3.86%$157.01
33,450 at 3.87%$157.20
33,450 at 3.88%$157.39
33,450 at 3.89%$157.58
33,450 at 3.9%$157.77
33,450 at 3.91%$157.96
33,450 at 3.92%$158.16
33,450 at 3.93%$158.35
33,450 at 3.94%$158.54
33,450 at 3.95%$158.73
33,450 at 3.96%$158.93
33,450 at 3.97%$159.12
33,450 at 3.98%$159.31
33,450 at 3.99%$159.50
33,450 at 4%$159.70
33,450 at 4.01%$159.89
33,450 at 4.02%$160.08
33,450 at 4.03%$160.27
33,450 at 4.04%$160.47
33,450 at 4.05%$160.66
33,450 at 4.06%$160.85
33,450 at 4.07%$161.05
33,450 at 4.08%$161.24
33,450 at 4.09%$161.44
33,450 at 4.1%$161.63
33,450 at 4.11%$161.82
33,450 at 4.12%$162.02
33,450 at 4.13%$162.21
33,450 at 4.14%$162.41
33,450 at 4.15%$162.60
33,450 at 4.16%$162.80
33,450 at 4.17%$162.99
33,450 at 4.18%$163.19
33,450 at 4.19%$163.38
33,450 at 4.2%$163.58
33,450 at 4.21%$163.77
33,450 at 4.22%$163.97
33,450 at 4.23%$164.16
33,450 at 4.24%$164.36
33,450 at 4.25%$164.55
33,450 at 4.26%$164.75
33,450 at 4.27%$164.95
33,450 at 4.28%$165.14
33,450 at 4.29%$165.34
33,450 at 4.3%$165.53
33,450 at 4.31%$165.73
33,450 at 4.32%$165.93
33,450 at 4.33%$166.12
33,450 at 4.34%$166.32
33,450 at 4.35%$166.52
33,450 at 4.36%$166.72
33,450 at 4.37%$166.91
33,450 at 4.38%$167.11
33,450 at 4.39%$167.31
33,450 at 4.4%$167.50
33,450 at 4.41%$167.70
33,450 at 4.42%$167.90
33,450 at 4.43%$168.10
33,450 at 4.44%$168.30
33,450 at 4.45%$168.49
33,450 at 4.46%$168.69
33,450 at 4.47%$168.89
33,450 at 4.48%$169.09
33,450 at 4.49%$169.29
33,450 at 4.5%$169.49
33,450 at 4.51%$169.69
33,450 at 4.52%$169.88
33,450 at 4.53%$170.08
33,450 at 4.54%$170.28
33,450 at 4.55%$170.48
33,450 at 4.56%$170.68
33,450 at 4.57%$170.88
33,450 at 4.58%$171.08
33,450 at 4.59%$171.28
33,450 at 4.6%$171.48
33,450 at 4.61%$171.68
33,450 at 4.62%$171.88
33,450 at 4.63%$172.08
33,450 at 4.64%$172.28
33,450 at 4.65%$172.48
33,450 at 4.66%$172.68
33,450 at 4.67%$172.88
33,450 at 4.68%$173.08
33,450 at 4.69%$173.28
33,450 at 4.7%$173.48
33,450 at 4.71%$173.69
33,450 at 4.72%$173.89
33,450 at 4.73%$174.09
33,450 at 4.74%$174.29
33,450 at 4.75%$174.49
33,450 at 4.76%$174.69
33,450 at 4.77%$174.89
33,450 at 4.78%$175.10
33,450 at 4.79%$175.30
33,450 at 4.8%$175.50
33,450 at 4.81%$175.70
33,450 at 4.82%$175.91
33,450 at 4.83%$176.11
33,450 at 4.84%$176.31
33,450 at 4.85%$176.51
33,450 at 4.86%$176.72
33,450 at 4.87%$176.92
33,450 at 4.88%$177.12
33,450 at 4.89%$177.32
33,450 at 4.9%$177.53
33,450 at 4.91%$177.73
33,450 at 4.92%$177.93
33,450 at 4.93%$178.14
33,450 at 4.94%$178.34
33,450 at 4.95%$178.55
33,450 at 4.96%$178.75
33,450 at 4.97%$178.95
33,450 at 4.98%$179.16
33,450 at 4.99%$179.36
33,450 at 5%$179.57
Interest Rate 30 Year
33,450 at 5.01%$179.77
33,450 at 5.02%$179.98
33,450 at 5.03%$180.18
33,450 at 5.04%$180.39
33,450 at 5.05%$180.59
33,450 at 5.06%$180.80
33,450 at 5.07%$181.00
33,450 at 5.08%$181.21
33,450 at 5.09%$181.41
33,450 at 5.1%$181.62
33,450 at 5.11%$181.82
33,450 at 5.12%$182.03
33,450 at 5.13%$182.23
33,450 at 5.14%$182.44
33,450 at 5.15%$182.65
33,450 at 5.16%$182.85
33,450 at 5.17%$183.06
33,450 at 5.18%$183.26
33,450 at 5.19%$183.47
33,450 at 5.2%$183.68
33,450 at 5.21%$183.88
33,450 at 5.22%$184.09
33,450 at 5.23%$184.30
33,450 at 5.24%$184.51
33,450 at 5.25%$184.71
33,450 at 5.26%$184.92
33,450 at 5.27%$185.13
33,450 at 5.28%$185.33
33,450 at 5.29%$185.54
33,450 at 5.3%$185.75
33,450 at 5.31%$185.96
33,450 at 5.32%$186.17
33,450 at 5.33%$186.37
33,450 at 5.34%$186.58
33,450 at 5.35%$186.79
33,450 at 5.36%$187.00
33,450 at 5.37%$187.21
33,450 at 5.38%$187.41
33,450 at 5.39%$187.62
33,450 at 5.4%$187.83
33,450 at 5.41%$188.04
33,450 at 5.42%$188.25
33,450 at 5.43%$188.46
33,450 at 5.44%$188.67
33,450 at 5.45%$188.88
33,450 at 5.46%$189.09
33,450 at 5.47%$189.30
33,450 at 5.48%$189.51
33,450 at 5.49%$189.72
33,450 at 5.5%$189.93
33,450 at 5.51%$190.14
33,450 at 5.52%$190.35
33,450 at 5.53%$190.56
33,450 at 5.54%$190.77
33,450 at 5.55%$190.98
33,450 at 5.56%$191.19
33,450 at 5.57%$191.40
33,450 at 5.58%$191.61
33,450 at 5.59%$191.82
33,450 at 5.6%$192.03
33,450 at 5.61%$192.24
33,450 at 5.62%$192.45
33,450 at 5.63%$192.66
33,450 at 5.64%$192.87
33,450 at 5.65%$193.09
33,450 at 5.66%$193.30
33,450 at 5.67%$193.51
33,450 at 5.68%$193.72
33,450 at 5.69%$193.93
33,450 at 5.7%$194.14
33,450 at 5.71%$194.36
33,450 at 5.72%$194.57
33,450 at 5.73%$194.78
33,450 at 5.74%$194.99
33,450 at 5.75%$195.21
33,450 at 5.76%$195.42
33,450 at 5.77%$195.63
33,450 at 5.78%$195.84
33,450 at 5.79%$196.06
33,450 at 5.8%$196.27
33,450 at 5.81%$196.48
33,450 at 5.82%$196.70
33,450 at 5.83%$196.91
33,450 at 5.84%$197.12
33,450 at 5.85%$197.34
33,450 at 5.86%$197.55
33,450 at 5.87%$197.76
33,450 at 5.88%$197.98
33,450 at 5.89%$198.19
33,450 at 5.9%$198.40
33,450 at 5.91%$198.62
33,450 at 5.92%$198.83
33,450 at 5.93%$199.05
33,450 at 5.94%$199.26
33,450 at 5.95%$199.48
33,450 at 5.96%$199.69
33,450 at 5.97%$199.90
33,450 at 5.98%$200.12
33,450 at 5.99%$200.33
33,450 at 6%$200.55
33,450 at 6.01%$200.76
33,450 at 6.02%$200.98
33,450 at 6.03%$201.20
33,450 at 6.04%$201.41
33,450 at 6.05%$201.63
33,450 at 6.06%$201.84
33,450 at 6.07%$202.06
33,450 at 6.08%$202.27
33,450 at 6.09%$202.49
33,450 at 6.1%$202.71
33,450 at 6.11%$202.92
33,450 at 6.12%$203.14
33,450 at 6.13%$203.35
33,450 at 6.14%$203.57
33,450 at 6.15%$203.79
33,450 at 6.16%$204.00
33,450 at 6.17%$204.22
33,450 at 6.18%$204.44
33,450 at 6.19%$204.65
33,450 at 6.2%$204.87
33,450 at 6.21%$205.09
33,450 at 6.22%$205.31
33,450 at 6.23%$205.52
33,450 at 6.24%$205.74
33,450 at 6.25%$205.96
33,450 at 6.26%$206.18
33,450 at 6.27%$206.39
33,450 at 6.28%$206.61
33,450 at 6.29%$206.83
33,450 at 6.3%$207.05
33,450 at 6.31%$207.26
33,450 at 6.32%$207.48
33,450 at 6.33%$207.70
33,450 at 6.34%$207.92
33,450 at 6.35%$208.14
33,450 at 6.36%$208.36
33,450 at 6.37%$208.58
33,450 at 6.38%$208.79
33,450 at 6.39%$209.01
33,450 at 6.4%$209.23
33,450 at 6.41%$209.45
33,450 at 6.42%$209.67
33,450 at 6.43%$209.89
33,450 at 6.44%$210.11
33,450 at 6.45%$210.33
33,450 at 6.46%$210.55
33,450 at 6.47%$210.77
33,450 at 6.48%$210.99
33,450 at 6.49%$211.21
33,450 at 6.5%$211.43
Interest Rate 30 Year
33,450 at 6.51%$211.65
33,450 at 6.52%$211.87
33,450 at 6.53%$212.09
33,450 at 6.54%$212.31
33,450 at 6.55%$212.53
33,450 at 6.56%$212.75
33,450 at 6.57%$212.97
33,450 at 6.58%$213.19
33,450 at 6.59%$213.41
33,450 at 6.6%$213.63
33,450 at 6.61%$213.85
33,450 at 6.62%$214.07
33,450 at 6.63%$214.29
33,450 at 6.64%$214.52
33,450 at 6.65%$214.74
33,450 at 6.66%$214.96
33,450 at 6.67%$215.18
33,450 at 6.68%$215.40
33,450 at 6.69%$215.62
33,450 at 6.7%$215.85
33,450 at 6.71%$216.07
33,450 at 6.72%$216.29
33,450 at 6.73%$216.51
33,450 at 6.74%$216.73
33,450 at 6.75%$216.96
33,450 at 6.76%$217.18
33,450 at 6.77%$217.40
33,450 at 6.78%$217.62
33,450 at 6.79%$217.85
33,450 at 6.8%$218.07
33,450 at 6.81%$218.29
33,450 at 6.82%$218.51
33,450 at 6.83%$218.74
33,450 at 6.84%$218.96
33,450 at 6.85%$219.18
33,450 at 6.86%$219.41
33,450 at 6.87%$219.63
33,450 at 6.88%$219.85
33,450 at 6.89%$220.08
33,450 at 6.9%$220.30
33,450 at 6.91%$220.53
33,450 at 6.92%$220.75
33,450 at 6.93%$220.97
33,450 at 6.94%$221.20
33,450 at 6.95%$221.42
33,450 at 6.96%$221.65
33,450 at 6.97%$221.87
33,450 at 6.98%$222.09
33,450 at 6.99%$222.32
33,450 at 7%$222.54
33,450 at 7.01%$222.77
33,450 at 7.02%$222.99
33,450 at 7.03%$223.22
33,450 at 7.04%$223.44
33,450 at 7.05%$223.67
33,450 at 7.06%$223.89
33,450 at 7.07%$224.12
33,450 at 7.08%$224.34
33,450 at 7.09%$224.57
33,450 at 7.1%$224.79
33,450 at 7.11%$225.02
33,450 at 7.12%$225.25
33,450 at 7.13%$225.47
33,450 at 7.14%$225.70
33,450 at 7.15%$225.92
33,450 at 7.16%$226.15
33,450 at 7.17%$226.38
33,450 at 7.18%$226.60
33,450 at 7.19%$226.83
33,450 at 7.2%$227.05
33,450 at 7.21%$227.28
33,450 at 7.22%$227.51
33,450 at 7.23%$227.73
33,450 at 7.24%$227.96
33,450 at 7.25%$228.19
33,450 at 7.26%$228.41
33,450 at 7.27%$228.64
33,450 at 7.28%$228.87
33,450 at 7.29%$229.10
33,450 at 7.3%$229.32
33,450 at 7.31%$229.55
33,450 at 7.32%$229.78
33,450 at 7.33%$230.01
33,450 at 7.34%$230.23
33,450 at 7.35%$230.46
33,450 at 7.36%$230.69
33,450 at 7.37%$230.92
33,450 at 7.38%$231.14
33,450 at 7.39%$231.37
33,450 at 7.4%$231.60
33,450 at 7.41%$231.83
33,450 at 7.42%$232.06
33,450 at 7.43%$232.29
33,450 at 7.44%$232.51
33,450 at 7.45%$232.74
33,450 at 7.46%$232.97
33,450 at 7.47%$233.20
33,450 at 7.48%$233.43
33,450 at 7.49%$233.66
33,450 at 7.5%$233.89
33,450 at 7.51%$234.12
33,450 at 7.52%$234.35
33,450 at 7.53%$234.57
33,450 at 7.54%$234.80
33,450 at 7.55%$235.03
33,450 at 7.56%$235.26
33,450 at 7.57%$235.49
33,450 at 7.58%$235.72
33,450 at 7.59%$235.95
33,450 at 7.6%$236.18
33,450 at 7.61%$236.41
33,450 at 7.62%$236.64
33,450 at 7.63%$236.87
33,450 at 7.64%$237.10
33,450 at 7.65%$237.33
33,450 at 7.66%$237.56
33,450 at 7.67%$237.79
33,450 at 7.68%$238.02
33,450 at 7.69%$238.25
33,450 at 7.7%$238.49
33,450 at 7.71%$238.72
33,450 at 7.72%$238.95
33,450 at 7.73%$239.18
33,450 at 7.74%$239.41
33,450 at 7.75%$239.64
33,450 at 7.76%$239.87
33,450 at 7.77%$240.10
33,450 at 7.78%$240.33
33,450 at 7.79%$240.57
33,450 at 7.8%$240.80
33,450 at 7.81%$241.03
33,450 at 7.82%$241.26
33,450 at 7.83%$241.49
33,450 at 7.84%$241.72
33,450 at 7.85%$241.96
33,450 at 7.86%$242.19
33,450 at 7.87%$242.42
33,450 at 7.88%$242.65
33,450 at 7.89%$242.88
33,450 at 7.9%$243.12
33,450 at 7.91%$243.35
33,450 at 7.92%$243.58
33,450 at 7.93%$243.81
33,450 at 7.94%$244.05
33,450 at 7.95%$244.28
33,450 at 7.96%$244.51
33,450 at 7.97%$244.75
33,450 at 7.98%$244.98
33,450 at 7.99%$245.21
33,450 at 8%$245.44
More Amounts
What is the down payment for a $33,450 house? How much do you need to put down?
Percent Down Down Payment
1%335
2%669
3%1,004
4%1,338
5%1,673
6%2,007
7%2,342
8%2,676
9%3,011
10%3,345
11%3,680
12%4,014
13%4,349
14%4,683
15%5,018
16%5,352
17%5,687
18%6,021
19%6,356
20%6,690
Percent Down Down Payment
21%7,025
22%7,359
23%7,694
24%8,028
25%8,363
26%8,697
27%9,032
28%9,366
29%9,701
30%10,035
31%10,370
32%10,704
33%11,039
34%11,373
35%11,708
36%12,042
37%12,377
38%12,711
39%13,046
40%13,380
Percent Down Down Payment
41%13,715
42%14,049
43%14,384
44%14,718
45%15,053
46%15,387
47%15,722
48%16,056
49%16,391
50%16,725
51%17,060
52%17,394
53%17,729
54%18,063
55%18,398
56%18,732
57%19,067
58%19,401
59%19,736
60%20,070
Percent Down Down Payment
61%20,405
62%20,739
63%21,074
64%21,408
65%21,743
66%22,077
67%22,412
68%22,746
69%23,081
70%23,415
71%23,750
72%24,084
73%24,419
74%24,753
75%25,088
76%25,422
77%25,757
78%26,091
79%26,426
80%26,760
Percent Down Down Payment
81%27,095
82%27,429
83%27,764
84%28,098
85%28,433
86%28,767
87%29,102
88%29,436
89%29,771
90%30,105
91%30,440
92%30,774
93%31,109
94%31,443
95%31,778
96%32,112
97%32,447
98%32,781
99%33,116
100%33,450
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.