$34,200 Mortgage for 30 Years

What is the monthly payment of a 34,200 dollar loan?
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Loan Tables for a $34,200 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 34k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $34,200 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
34,200 at 2.01%$126.58
34,200 at 2.02%$126.75
34,200 at 2.03%$126.92
34,200 at 2.04%$127.10
34,200 at 2.05%$127.27
34,200 at 2.06%$127.44
34,200 at 2.07%$127.61
34,200 at 2.08%$127.78
34,200 at 2.09%$127.95
34,200 at 2.1%$128.13
34,200 at 2.11%$128.30
34,200 at 2.12%$128.47
34,200 at 2.13%$128.64
34,200 at 2.14%$128.82
34,200 at 2.15%$128.99
34,200 at 2.16%$129.16
34,200 at 2.17%$129.34
34,200 at 2.18%$129.51
34,200 at 2.19%$129.68
34,200 at 2.2%$129.86
34,200 at 2.21%$130.03
34,200 at 2.22%$130.21
34,200 at 2.23%$130.38
34,200 at 2.24%$130.55
34,200 at 2.25%$130.73
34,200 at 2.26%$130.90
34,200 at 2.27%$131.08
34,200 at 2.28%$131.25
34,200 at 2.29%$131.43
34,200 at 2.3%$131.60
34,200 at 2.31%$131.78
34,200 at 2.32%$131.95
34,200 at 2.33%$132.13
34,200 at 2.34%$132.30
34,200 at 2.35%$132.48
34,200 at 2.36%$132.66
34,200 at 2.37%$132.83
34,200 at 2.38%$133.01
34,200 at 2.39%$133.18
34,200 at 2.4%$133.36
34,200 at 2.41%$133.54
34,200 at 2.42%$133.71
34,200 at 2.43%$133.89
34,200 at 2.44%$134.07
34,200 at 2.45%$134.24
34,200 at 2.46%$134.42
34,200 at 2.47%$134.60
34,200 at 2.48%$134.78
34,200 at 2.49%$134.95
34,200 at 2.5%$135.13
34,200 at 2.51%$135.31
34,200 at 2.52%$135.49
34,200 at 2.53%$135.67
34,200 at 2.54%$135.84
34,200 at 2.55%$136.02
34,200 at 2.56%$136.20
34,200 at 2.57%$136.38
34,200 at 2.58%$136.56
34,200 at 2.59%$136.74
34,200 at 2.6%$136.92
34,200 at 2.61%$137.10
34,200 at 2.62%$137.27
34,200 at 2.63%$137.45
34,200 at 2.64%$137.63
34,200 at 2.65%$137.81
34,200 at 2.66%$137.99
34,200 at 2.67%$138.17
34,200 at 2.68%$138.35
34,200 at 2.69%$138.53
34,200 at 2.7%$138.71
34,200 at 2.71%$138.89
34,200 at 2.72%$139.08
34,200 at 2.73%$139.26
34,200 at 2.74%$139.44
34,200 at 2.75%$139.62
34,200 at 2.76%$139.80
34,200 at 2.77%$139.98
34,200 at 2.78%$140.16
34,200 at 2.79%$140.34
34,200 at 2.8%$140.53
34,200 at 2.81%$140.71
34,200 at 2.82%$140.89
34,200 at 2.83%$141.07
34,200 at 2.84%$141.25
34,200 at 2.85%$141.44
34,200 at 2.86%$141.62
34,200 at 2.87%$141.80
34,200 at 2.88%$141.98
34,200 at 2.89%$142.17
34,200 at 2.9%$142.35
34,200 at 2.91%$142.53
34,200 at 2.92%$142.72
34,200 at 2.93%$142.90
34,200 at 2.94%$143.08
34,200 at 2.95%$143.27
34,200 at 2.96%$143.45
34,200 at 2.97%$143.64
34,200 at 2.98%$143.82
34,200 at 2.99%$144.00
34,200 at 3%$144.19
34,200 at 3.01%$144.37
34,200 at 3.02%$144.56
34,200 at 3.03%$144.74
34,200 at 3.04%$144.93
34,200 at 3.05%$145.11
34,200 at 3.06%$145.30
34,200 at 3.07%$145.48
34,200 at 3.08%$145.67
34,200 at 3.09%$145.85
34,200 at 3.1%$146.04
34,200 at 3.11%$146.23
34,200 at 3.12%$146.41
34,200 at 3.13%$146.60
34,200 at 3.14%$146.78
34,200 at 3.15%$146.97
34,200 at 3.16%$147.16
34,200 at 3.17%$147.34
34,200 at 3.18%$147.53
34,200 at 3.19%$147.72
34,200 at 3.2%$147.90
34,200 at 3.21%$148.09
34,200 at 3.22%$148.28
34,200 at 3.23%$148.47
34,200 at 3.24%$148.65
34,200 at 3.25%$148.84
34,200 at 3.26%$149.03
34,200 at 3.27%$149.22
34,200 at 3.28%$149.40
34,200 at 3.29%$149.59
34,200 at 3.3%$149.78
34,200 at 3.31%$149.97
34,200 at 3.32%$150.16
34,200 at 3.33%$150.35
34,200 at 3.34%$150.54
34,200 at 3.35%$150.72
34,200 at 3.36%$150.91
34,200 at 3.37%$151.10
34,200 at 3.38%$151.29
34,200 at 3.39%$151.48
34,200 at 3.4%$151.67
34,200 at 3.41%$151.86
34,200 at 3.42%$152.05
34,200 at 3.43%$152.24
34,200 at 3.44%$152.43
34,200 at 3.45%$152.62
34,200 at 3.46%$152.81
34,200 at 3.47%$153.00
34,200 at 3.48%$153.19
34,200 at 3.49%$153.38
34,200 at 3.5%$153.57
Interest Rate 30 Year
34,200 at 3.51%$153.76
34,200 at 3.52%$153.96
34,200 at 3.53%$154.15
34,200 at 3.54%$154.34
34,200 at 3.55%$154.53
34,200 at 3.56%$154.72
34,200 at 3.57%$154.91
34,200 at 3.58%$155.10
34,200 at 3.59%$155.30
34,200 at 3.6%$155.49
34,200 at 3.61%$155.68
34,200 at 3.62%$155.87
34,200 at 3.63%$156.07
34,200 at 3.64%$156.26
34,200 at 3.65%$156.45
34,200 at 3.66%$156.64
34,200 at 3.67%$156.84
34,200 at 3.68%$157.03
34,200 at 3.69%$157.22
34,200 at 3.7%$157.42
34,200 at 3.71%$157.61
34,200 at 3.72%$157.80
34,200 at 3.73%$158.00
34,200 at 3.74%$158.19
34,200 at 3.75%$158.39
34,200 at 3.76%$158.58
34,200 at 3.77%$158.77
34,200 at 3.78%$158.97
34,200 at 3.79%$159.16
34,200 at 3.8%$159.36
34,200 at 3.81%$159.55
34,200 at 3.82%$159.75
34,200 at 3.83%$159.94
34,200 at 3.84%$160.14
34,200 at 3.85%$160.33
34,200 at 3.86%$160.53
34,200 at 3.87%$160.72
34,200 at 3.88%$160.92
34,200 at 3.89%$161.11
34,200 at 3.9%$161.31
34,200 at 3.91%$161.51
34,200 at 3.92%$161.70
34,200 at 3.93%$161.90
34,200 at 3.94%$162.10
34,200 at 3.95%$162.29
34,200 at 3.96%$162.49
34,200 at 3.97%$162.69
34,200 at 3.98%$162.88
34,200 at 3.99%$163.08
34,200 at 4%$163.28
34,200 at 4.01%$163.47
34,200 at 4.02%$163.67
34,200 at 4.03%$163.87
34,200 at 4.04%$164.07
34,200 at 4.05%$164.26
34,200 at 4.06%$164.46
34,200 at 4.07%$164.66
34,200 at 4.08%$164.86
34,200 at 4.09%$165.06
34,200 at 4.1%$165.25
34,200 at 4.11%$165.45
34,200 at 4.12%$165.65
34,200 at 4.13%$165.85
34,200 at 4.14%$166.05
34,200 at 4.15%$166.25
34,200 at 4.16%$166.45
34,200 at 4.17%$166.65
34,200 at 4.18%$166.84
34,200 at 4.19%$167.04
34,200 at 4.2%$167.24
34,200 at 4.21%$167.44
34,200 at 4.22%$167.64
34,200 at 4.23%$167.84
34,200 at 4.24%$168.04
34,200 at 4.25%$168.24
34,200 at 4.26%$168.44
34,200 at 4.27%$168.64
34,200 at 4.28%$168.84
34,200 at 4.29%$169.05
34,200 at 4.3%$169.25
34,200 at 4.31%$169.45
34,200 at 4.32%$169.65
34,200 at 4.33%$169.85
34,200 at 4.34%$170.05
34,200 at 4.35%$170.25
34,200 at 4.36%$170.45
34,200 at 4.37%$170.65
34,200 at 4.38%$170.86
34,200 at 4.39%$171.06
34,200 at 4.4%$171.26
34,200 at 4.41%$171.46
34,200 at 4.42%$171.66
34,200 at 4.43%$171.87
34,200 at 4.44%$172.07
34,200 at 4.45%$172.27
34,200 at 4.46%$172.47
34,200 at 4.47%$172.68
34,200 at 4.48%$172.88
34,200 at 4.49%$173.08
34,200 at 4.5%$173.29
34,200 at 4.51%$173.49
34,200 at 4.52%$173.69
34,200 at 4.53%$173.90
34,200 at 4.54%$174.10
34,200 at 4.55%$174.30
34,200 at 4.56%$174.51
34,200 at 4.57%$174.71
34,200 at 4.58%$174.92
34,200 at 4.59%$175.12
34,200 at 4.6%$175.32
34,200 at 4.61%$175.53
34,200 at 4.62%$175.73
34,200 at 4.63%$175.94
34,200 at 4.64%$176.14
34,200 at 4.65%$176.35
34,200 at 4.66%$176.55
34,200 at 4.67%$176.76
34,200 at 4.68%$176.96
34,200 at 4.69%$177.17
34,200 at 4.7%$177.37
34,200 at 4.71%$177.58
34,200 at 4.72%$177.79
34,200 at 4.73%$177.99
34,200 at 4.74%$178.20
34,200 at 4.75%$178.40
34,200 at 4.76%$178.61
34,200 at 4.77%$178.82
34,200 at 4.78%$179.02
34,200 at 4.79%$179.23
34,200 at 4.8%$179.44
34,200 at 4.81%$179.64
34,200 at 4.82%$179.85
34,200 at 4.83%$180.06
34,200 at 4.84%$180.26
34,200 at 4.85%$180.47
34,200 at 4.86%$180.68
34,200 at 4.87%$180.89
34,200 at 4.88%$181.09
34,200 at 4.89%$181.30
34,200 at 4.9%$181.51
34,200 at 4.91%$181.72
34,200 at 4.92%$181.92
34,200 at 4.93%$182.13
34,200 at 4.94%$182.34
34,200 at 4.95%$182.55
34,200 at 4.96%$182.76
34,200 at 4.97%$182.97
34,200 at 4.98%$183.18
34,200 at 4.99%$183.38
34,200 at 5%$183.59
Interest Rate 30 Year
34,200 at 5.01%$183.80
34,200 at 5.02%$184.01
34,200 at 5.03%$184.22
34,200 at 5.04%$184.43
34,200 at 5.05%$184.64
34,200 at 5.06%$184.85
34,200 at 5.07%$185.06
34,200 at 5.08%$185.27
34,200 at 5.09%$185.48
34,200 at 5.1%$185.69
34,200 at 5.11%$185.90
34,200 at 5.12%$186.11
34,200 at 5.13%$186.32
34,200 at 5.14%$186.53
34,200 at 5.15%$186.74
34,200 at 5.16%$186.95
34,200 at 5.17%$187.16
34,200 at 5.18%$187.37
34,200 at 5.19%$187.58
34,200 at 5.2%$187.80
34,200 at 5.21%$188.01
34,200 at 5.22%$188.22
34,200 at 5.23%$188.43
34,200 at 5.24%$188.64
34,200 at 5.25%$188.85
34,200 at 5.26%$189.07
34,200 at 5.27%$189.28
34,200 at 5.28%$189.49
34,200 at 5.29%$189.70
34,200 at 5.3%$189.91
34,200 at 5.31%$190.13
34,200 at 5.32%$190.34
34,200 at 5.33%$190.55
34,200 at 5.34%$190.76
34,200 at 5.35%$190.98
34,200 at 5.36%$191.19
34,200 at 5.37%$191.40
34,200 at 5.38%$191.62
34,200 at 5.39%$191.83
34,200 at 5.4%$192.04
34,200 at 5.41%$192.26
34,200 at 5.42%$192.47
34,200 at 5.43%$192.68
34,200 at 5.44%$192.90
34,200 at 5.45%$193.11
34,200 at 5.46%$193.33
34,200 at 5.47%$193.54
34,200 at 5.48%$193.75
34,200 at 5.49%$193.97
34,200 at 5.5%$194.18
34,200 at 5.51%$194.40
34,200 at 5.52%$194.61
34,200 at 5.53%$194.83
34,200 at 5.54%$195.04
34,200 at 5.55%$195.26
34,200 at 5.56%$195.47
34,200 at 5.57%$195.69
34,200 at 5.58%$195.90
34,200 at 5.59%$196.12
34,200 at 5.6%$196.34
34,200 at 5.61%$196.55
34,200 at 5.62%$196.77
34,200 at 5.63%$196.98
34,200 at 5.64%$197.20
34,200 at 5.65%$197.41
34,200 at 5.66%$197.63
34,200 at 5.67%$197.85
34,200 at 5.68%$198.06
34,200 at 5.69%$198.28
34,200 at 5.7%$198.50
34,200 at 5.71%$198.71
34,200 at 5.72%$198.93
34,200 at 5.73%$199.15
34,200 at 5.74%$199.36
34,200 at 5.75%$199.58
34,200 at 5.76%$199.80
34,200 at 5.77%$200.02
34,200 at 5.78%$200.23
34,200 at 5.79%$200.45
34,200 at 5.8%$200.67
34,200 at 5.81%$200.89
34,200 at 5.82%$201.11
34,200 at 5.83%$201.32
34,200 at 5.84%$201.54
34,200 at 5.85%$201.76
34,200 at 5.86%$201.98
34,200 at 5.87%$202.20
34,200 at 5.88%$202.42
34,200 at 5.89%$202.63
34,200 at 5.9%$202.85
34,200 at 5.91%$203.07
34,200 at 5.92%$203.29
34,200 at 5.93%$203.51
34,200 at 5.94%$203.73
34,200 at 5.95%$203.95
34,200 at 5.96%$204.17
34,200 at 5.97%$204.39
34,200 at 5.98%$204.61
34,200 at 5.99%$204.83
34,200 at 6%$205.05
34,200 at 6.01%$205.27
34,200 at 6.02%$205.49
34,200 at 6.03%$205.71
34,200 at 6.04%$205.93
34,200 at 6.05%$206.15
34,200 at 6.06%$206.37
34,200 at 6.07%$206.59
34,200 at 6.08%$206.81
34,200 at 6.09%$207.03
34,200 at 6.1%$207.25
34,200 at 6.11%$207.47
34,200 at 6.12%$207.69
34,200 at 6.13%$207.91
34,200 at 6.14%$208.13
34,200 at 6.15%$208.36
34,200 at 6.16%$208.58
34,200 at 6.17%$208.80
34,200 at 6.18%$209.02
34,200 at 6.19%$209.24
34,200 at 6.2%$209.46
34,200 at 6.21%$209.69
34,200 at 6.22%$209.91
34,200 at 6.23%$210.13
34,200 at 6.24%$210.35
34,200 at 6.25%$210.58
34,200 at 6.26%$210.80
34,200 at 6.27%$211.02
34,200 at 6.28%$211.24
34,200 at 6.29%$211.47
34,200 at 6.3%$211.69
34,200 at 6.31%$211.91
34,200 at 6.32%$212.13
34,200 at 6.33%$212.36
34,200 at 6.34%$212.58
34,200 at 6.35%$212.80
34,200 at 6.36%$213.03
34,200 at 6.37%$213.25
34,200 at 6.38%$213.48
34,200 at 6.39%$213.70
34,200 at 6.4%$213.92
34,200 at 6.41%$214.15
34,200 at 6.42%$214.37
34,200 at 6.43%$214.60
34,200 at 6.44%$214.82
34,200 at 6.45%$215.04
34,200 at 6.46%$215.27
34,200 at 6.47%$215.49
34,200 at 6.48%$215.72
34,200 at 6.49%$215.94
34,200 at 6.5%$216.17
Interest Rate 30 Year
34,200 at 6.51%$216.39
34,200 at 6.52%$216.62
34,200 at 6.53%$216.84
34,200 at 6.54%$217.07
34,200 at 6.55%$217.29
34,200 at 6.56%$217.52
34,200 at 6.57%$217.74
34,200 at 6.58%$217.97
34,200 at 6.59%$218.20
34,200 at 6.6%$218.42
34,200 at 6.61%$218.65
34,200 at 6.62%$218.87
34,200 at 6.63%$219.10
34,200 at 6.64%$219.33
34,200 at 6.65%$219.55
34,200 at 6.66%$219.78
34,200 at 6.67%$220.00
34,200 at 6.68%$220.23
34,200 at 6.69%$220.46
34,200 at 6.7%$220.69
34,200 at 6.71%$220.91
34,200 at 6.72%$221.14
34,200 at 6.73%$221.37
34,200 at 6.74%$221.59
34,200 at 6.75%$221.82
34,200 at 6.76%$222.05
34,200 at 6.77%$222.28
34,200 at 6.78%$222.50
34,200 at 6.79%$222.73
34,200 at 6.8%$222.96
34,200 at 6.81%$223.19
34,200 at 6.82%$223.41
34,200 at 6.83%$223.64
34,200 at 6.84%$223.87
34,200 at 6.85%$224.10
34,200 at 6.86%$224.33
34,200 at 6.87%$224.56
34,200 at 6.88%$224.78
34,200 at 6.89%$225.01
34,200 at 6.9%$225.24
34,200 at 6.91%$225.47
34,200 at 6.92%$225.70
34,200 at 6.93%$225.93
34,200 at 6.94%$226.16
34,200 at 6.95%$226.39
34,200 at 6.96%$226.62
34,200 at 6.97%$226.84
34,200 at 6.98%$227.07
34,200 at 6.99%$227.30
34,200 at 7%$227.53
34,200 at 7.01%$227.76
34,200 at 7.02%$227.99
34,200 at 7.03%$228.22
34,200 at 7.04%$228.45
34,200 at 7.05%$228.68
34,200 at 7.06%$228.91
34,200 at 7.07%$229.14
34,200 at 7.08%$229.37
34,200 at 7.09%$229.60
34,200 at 7.1%$229.83
34,200 at 7.11%$230.07
34,200 at 7.12%$230.30
34,200 at 7.13%$230.53
34,200 at 7.14%$230.76
34,200 at 7.15%$230.99
34,200 at 7.16%$231.22
34,200 at 7.17%$231.45
34,200 at 7.18%$231.68
34,200 at 7.19%$231.91
34,200 at 7.2%$232.15
34,200 at 7.21%$232.38
34,200 at 7.22%$232.61
34,200 at 7.23%$232.84
34,200 at 7.24%$233.07
34,200 at 7.25%$233.30
34,200 at 7.26%$233.54
34,200 at 7.27%$233.77
34,200 at 7.28%$234.00
34,200 at 7.29%$234.23
34,200 at 7.3%$234.47
34,200 at 7.31%$234.70
34,200 at 7.32%$234.93
34,200 at 7.33%$235.16
34,200 at 7.34%$235.40
34,200 at 7.35%$235.63
34,200 at 7.36%$235.86
34,200 at 7.37%$236.09
34,200 at 7.38%$236.33
34,200 at 7.39%$236.56
34,200 at 7.4%$236.79
34,200 at 7.41%$237.03
34,200 at 7.42%$237.26
34,200 at 7.43%$237.49
34,200 at 7.44%$237.73
34,200 at 7.45%$237.96
34,200 at 7.46%$238.20
34,200 at 7.47%$238.43
34,200 at 7.48%$238.66
34,200 at 7.49%$238.90
34,200 at 7.5%$239.13
34,200 at 7.51%$239.37
34,200 at 7.52%$239.60
34,200 at 7.53%$239.83
34,200 at 7.54%$240.07
34,200 at 7.55%$240.30
34,200 at 7.56%$240.54
34,200 at 7.57%$240.77
34,200 at 7.58%$241.01
34,200 at 7.59%$241.24
34,200 at 7.6%$241.48
34,200 at 7.61%$241.71
34,200 at 7.62%$241.95
34,200 at 7.63%$242.18
34,200 at 7.64%$242.42
34,200 at 7.65%$242.65
34,200 at 7.66%$242.89
34,200 at 7.67%$243.13
34,200 at 7.68%$243.36
34,200 at 7.69%$243.60
34,200 at 7.7%$243.83
34,200 at 7.71%$244.07
34,200 at 7.72%$244.30
34,200 at 7.73%$244.54
34,200 at 7.74%$244.78
34,200 at 7.75%$245.01
34,200 at 7.76%$245.25
34,200 at 7.77%$245.49
34,200 at 7.78%$245.72
34,200 at 7.79%$245.96
34,200 at 7.8%$246.20
34,200 at 7.81%$246.43
34,200 at 7.82%$246.67
34,200 at 7.83%$246.91
34,200 at 7.84%$247.14
34,200 at 7.85%$247.38
34,200 at 7.86%$247.62
34,200 at 7.87%$247.86
34,200 at 7.88%$248.09
34,200 at 7.89%$248.33
34,200 at 7.9%$248.57
34,200 at 7.91%$248.81
34,200 at 7.92%$249.04
34,200 at 7.93%$249.28
34,200 at 7.94%$249.52
34,200 at 7.95%$249.76
34,200 at 7.96%$249.99
34,200 at 7.97%$250.23
34,200 at 7.98%$250.47
34,200 at 7.99%$250.71
34,200 at 8%$250.95
More Amounts
What is the down payment for a $34,200 house? How much do you need to put down?
Percent Down Down Payment
1%342
2%684
3%1,026
4%1,368
5%1,710
6%2,052
7%2,394
8%2,736
9%3,078
10%3,420
11%3,762
12%4,104
13%4,446
14%4,788
15%5,130
16%5,472
17%5,814
18%6,156
19%6,498
20%6,840
Percent Down Down Payment
21%7,182
22%7,524
23%7,866
24%8,208
25%8,550
26%8,892
27%9,234
28%9,576
29%9,918
30%10,260
31%10,602
32%10,944
33%11,286
34%11,628
35%11,970
36%12,312
37%12,654
38%12,996
39%13,338
40%13,680
Percent Down Down Payment
41%14,022
42%14,364
43%14,706
44%15,048
45%15,390
46%15,732
47%16,074
48%16,416
49%16,758
50%17,100
51%17,442
52%17,784
53%18,126
54%18,468
55%18,810
56%19,152
57%19,494
58%19,836
59%20,178
60%20,520
Percent Down Down Payment
61%20,862
62%21,204
63%21,546
64%21,888
65%22,230
66%22,572
67%22,914
68%23,256
69%23,598
70%23,940
71%24,282
72%24,624
73%24,966
74%25,308
75%25,650
76%25,992
77%26,334
78%26,676
79%27,018
80%27,360
Percent Down Down Payment
81%27,702
82%28,044
83%28,386
84%28,728
85%29,070
86%29,412
87%29,754
88%30,096
89%30,438
90%30,780
91%31,122
92%31,464
93%31,806
94%32,148
95%32,490
96%32,832
97%33,174
98%33,516
99%33,858
100%34,200
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.