$34,750 Mortgage for 30 Years

What is the monthly payment of a 34,750 dollar loan?
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Loan Tables for a $34,750 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 35k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $34,750 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
34,750 at 2.01%$128.62
34,750 at 2.02%$128.79
34,750 at 2.03%$128.96
34,750 at 2.04%$129.14
34,750 at 2.05%$129.31
34,750 at 2.06%$129.49
34,750 at 2.07%$129.66
34,750 at 2.08%$129.84
34,750 at 2.09%$130.01
34,750 at 2.1%$130.19
34,750 at 2.11%$130.36
34,750 at 2.12%$130.54
34,750 at 2.13%$130.71
34,750 at 2.14%$130.89
34,750 at 2.15%$131.07
34,750 at 2.16%$131.24
34,750 at 2.17%$131.42
34,750 at 2.18%$131.59
34,750 at 2.19%$131.77
34,750 at 2.2%$131.95
34,750 at 2.21%$132.12
34,750 at 2.22%$132.30
34,750 at 2.23%$132.48
34,750 at 2.24%$132.65
34,750 at 2.25%$132.83
34,750 at 2.26%$133.01
34,750 at 2.27%$133.19
34,750 at 2.28%$133.36
34,750 at 2.29%$133.54
34,750 at 2.3%$133.72
34,750 at 2.31%$133.90
34,750 at 2.32%$134.07
34,750 at 2.33%$134.25
34,750 at 2.34%$134.43
34,750 at 2.35%$134.61
34,750 at 2.36%$134.79
34,750 at 2.37%$134.97
34,750 at 2.38%$135.15
34,750 at 2.39%$135.33
34,750 at 2.4%$135.50
34,750 at 2.41%$135.68
34,750 at 2.42%$135.86
34,750 at 2.43%$136.04
34,750 at 2.44%$136.22
34,750 at 2.45%$136.40
34,750 at 2.46%$136.58
34,750 at 2.47%$136.76
34,750 at 2.48%$136.94
34,750 at 2.49%$137.12
34,750 at 2.5%$137.30
34,750 at 2.51%$137.49
34,750 at 2.52%$137.67
34,750 at 2.53%$137.85
34,750 at 2.54%$138.03
34,750 at 2.55%$138.21
34,750 at 2.56%$138.39
34,750 at 2.57%$138.57
34,750 at 2.58%$138.75
34,750 at 2.59%$138.94
34,750 at 2.6%$139.12
34,750 at 2.61%$139.30
34,750 at 2.62%$139.48
34,750 at 2.63%$139.66
34,750 at 2.64%$139.85
34,750 at 2.65%$140.03
34,750 at 2.66%$140.21
34,750 at 2.67%$140.40
34,750 at 2.68%$140.58
34,750 at 2.69%$140.76
34,750 at 2.7%$140.95
34,750 at 2.71%$141.13
34,750 at 2.72%$141.31
34,750 at 2.73%$141.50
34,750 at 2.74%$141.68
34,750 at 2.75%$141.86
34,750 at 2.76%$142.05
34,750 at 2.77%$142.23
34,750 at 2.78%$142.42
34,750 at 2.79%$142.60
34,750 at 2.8%$142.79
34,750 at 2.81%$142.97
34,750 at 2.82%$143.16
34,750 at 2.83%$143.34
34,750 at 2.84%$143.53
34,750 at 2.85%$143.71
34,750 at 2.86%$143.90
34,750 at 2.87%$144.08
34,750 at 2.88%$144.27
34,750 at 2.89%$144.45
34,750 at 2.9%$144.64
34,750 at 2.91%$144.83
34,750 at 2.92%$145.01
34,750 at 2.93%$145.20
34,750 at 2.94%$145.39
34,750 at 2.95%$145.57
34,750 at 2.96%$145.76
34,750 at 2.97%$145.95
34,750 at 2.98%$146.13
34,750 at 2.99%$146.32
34,750 at 3%$146.51
34,750 at 3.01%$146.69
34,750 at 3.02%$146.88
34,750 at 3.03%$147.07
34,750 at 3.04%$147.26
34,750 at 3.05%$147.45
34,750 at 3.06%$147.63
34,750 at 3.07%$147.82
34,750 at 3.08%$148.01
34,750 at 3.09%$148.20
34,750 at 3.1%$148.39
34,750 at 3.11%$148.58
34,750 at 3.12%$148.77
34,750 at 3.13%$148.96
34,750 at 3.14%$149.14
34,750 at 3.15%$149.33
34,750 at 3.16%$149.52
34,750 at 3.17%$149.71
34,750 at 3.18%$149.90
34,750 at 3.19%$150.09
34,750 at 3.2%$150.28
34,750 at 3.21%$150.47
34,750 at 3.22%$150.66
34,750 at 3.23%$150.85
34,750 at 3.24%$151.04
34,750 at 3.25%$151.23
34,750 at 3.26%$151.42
34,750 at 3.27%$151.62
34,750 at 3.28%$151.81
34,750 at 3.29%$152.00
34,750 at 3.3%$152.19
34,750 at 3.31%$152.38
34,750 at 3.32%$152.57
34,750 at 3.33%$152.76
34,750 at 3.34%$152.96
34,750 at 3.35%$153.15
34,750 at 3.36%$153.34
34,750 at 3.37%$153.53
34,750 at 3.38%$153.72
34,750 at 3.39%$153.92
34,750 at 3.4%$154.11
34,750 at 3.41%$154.30
34,750 at 3.42%$154.50
34,750 at 3.43%$154.69
34,750 at 3.44%$154.88
34,750 at 3.45%$155.07
34,750 at 3.46%$155.27
34,750 at 3.47%$155.46
34,750 at 3.48%$155.66
34,750 at 3.49%$155.85
34,750 at 3.5%$156.04
Interest Rate 30 Year
34,750 at 3.51%$156.24
34,750 at 3.52%$156.43
34,750 at 3.53%$156.63
34,750 at 3.54%$156.82
34,750 at 3.55%$157.01
34,750 at 3.56%$157.21
34,750 at 3.57%$157.40
34,750 at 3.58%$157.60
34,750 at 3.59%$157.79
34,750 at 3.6%$157.99
34,750 at 3.61%$158.18
34,750 at 3.62%$158.38
34,750 at 3.63%$158.58
34,750 at 3.64%$158.77
34,750 at 3.65%$158.97
34,750 at 3.66%$159.16
34,750 at 3.67%$159.36
34,750 at 3.68%$159.56
34,750 at 3.69%$159.75
34,750 at 3.7%$159.95
34,750 at 3.71%$160.14
34,750 at 3.72%$160.34
34,750 at 3.73%$160.54
34,750 at 3.74%$160.74
34,750 at 3.75%$160.93
34,750 at 3.76%$161.13
34,750 at 3.77%$161.33
34,750 at 3.78%$161.52
34,750 at 3.79%$161.72
34,750 at 3.8%$161.92
34,750 at 3.81%$162.12
34,750 at 3.82%$162.32
34,750 at 3.83%$162.51
34,750 at 3.84%$162.71
34,750 at 3.85%$162.91
34,750 at 3.86%$163.11
34,750 at 3.87%$163.31
34,750 at 3.88%$163.51
34,750 at 3.89%$163.71
34,750 at 3.9%$163.90
34,750 at 3.91%$164.10
34,750 at 3.92%$164.30
34,750 at 3.93%$164.50
34,750 at 3.94%$164.70
34,750 at 3.95%$164.90
34,750 at 3.96%$165.10
34,750 at 3.97%$165.30
34,750 at 3.98%$165.50
34,750 at 3.99%$165.70
34,750 at 4%$165.90
34,750 at 4.01%$166.10
34,750 at 4.02%$166.30
34,750 at 4.03%$166.50
34,750 at 4.04%$166.70
34,750 at 4.05%$166.91
34,750 at 4.06%$167.11
34,750 at 4.07%$167.31
34,750 at 4.08%$167.51
34,750 at 4.09%$167.71
34,750 at 4.1%$167.91
34,750 at 4.11%$168.11
34,750 at 4.12%$168.31
34,750 at 4.13%$168.52
34,750 at 4.14%$168.72
34,750 at 4.15%$168.92
34,750 at 4.16%$169.12
34,750 at 4.17%$169.33
34,750 at 4.18%$169.53
34,750 at 4.19%$169.73
34,750 at 4.2%$169.93
34,750 at 4.21%$170.14
34,750 at 4.22%$170.34
34,750 at 4.23%$170.54
34,750 at 4.24%$170.75
34,750 at 4.25%$170.95
34,750 at 4.26%$171.15
34,750 at 4.27%$171.36
34,750 at 4.28%$171.56
34,750 at 4.29%$171.76
34,750 at 4.3%$171.97
34,750 at 4.31%$172.17
34,750 at 4.32%$172.38
34,750 at 4.33%$172.58
34,750 at 4.34%$172.78
34,750 at 4.35%$172.99
34,750 at 4.36%$173.19
34,750 at 4.37%$173.40
34,750 at 4.38%$173.60
34,750 at 4.39%$173.81
34,750 at 4.4%$174.01
34,750 at 4.41%$174.22
34,750 at 4.42%$174.43
34,750 at 4.43%$174.63
34,750 at 4.44%$174.84
34,750 at 4.45%$175.04
34,750 at 4.46%$175.25
34,750 at 4.47%$175.45
34,750 at 4.48%$175.66
34,750 at 4.49%$175.87
34,750 at 4.5%$176.07
34,750 at 4.51%$176.28
34,750 at 4.52%$176.49
34,750 at 4.53%$176.69
34,750 at 4.54%$176.90
34,750 at 4.55%$177.11
34,750 at 4.56%$177.31
34,750 at 4.57%$177.52
34,750 at 4.58%$177.73
34,750 at 4.59%$177.94
34,750 at 4.6%$178.14
34,750 at 4.61%$178.35
34,750 at 4.62%$178.56
34,750 at 4.63%$178.77
34,750 at 4.64%$178.98
34,750 at 4.65%$179.18
34,750 at 4.66%$179.39
34,750 at 4.67%$179.60
34,750 at 4.68%$179.81
34,750 at 4.69%$180.02
34,750 at 4.7%$180.23
34,750 at 4.71%$180.44
34,750 at 4.72%$180.64
34,750 at 4.73%$180.85
34,750 at 4.74%$181.06
34,750 at 4.75%$181.27
34,750 at 4.76%$181.48
34,750 at 4.77%$181.69
34,750 at 4.78%$181.90
34,750 at 4.79%$182.11
34,750 at 4.8%$182.32
34,750 at 4.81%$182.53
34,750 at 4.82%$182.74
34,750 at 4.83%$182.95
34,750 at 4.84%$183.16
34,750 at 4.85%$183.37
34,750 at 4.86%$183.58
34,750 at 4.87%$183.79
34,750 at 4.88%$184.01
34,750 at 4.89%$184.22
34,750 at 4.9%$184.43
34,750 at 4.91%$184.64
34,750 at 4.92%$184.85
34,750 at 4.93%$185.06
34,750 at 4.94%$185.27
34,750 at 4.95%$185.49
34,750 at 4.96%$185.70
34,750 at 4.97%$185.91
34,750 at 4.98%$186.12
34,750 at 4.99%$186.33
34,750 at 5%$186.55
Interest Rate 30 Year
34,750 at 5.01%$186.76
34,750 at 5.02%$186.97
34,750 at 5.03%$187.18
34,750 at 5.04%$187.40
34,750 at 5.05%$187.61
34,750 at 5.06%$187.82
34,750 at 5.07%$188.03
34,750 at 5.08%$188.25
34,750 at 5.09%$188.46
34,750 at 5.1%$188.68
34,750 at 5.11%$188.89
34,750 at 5.12%$189.10
34,750 at 5.13%$189.32
34,750 at 5.14%$189.53
34,750 at 5.15%$189.74
34,750 at 5.16%$189.96
34,750 at 5.17%$190.17
34,750 at 5.18%$190.39
34,750 at 5.19%$190.60
34,750 at 5.2%$190.82
34,750 at 5.21%$191.03
34,750 at 5.22%$191.25
34,750 at 5.23%$191.46
34,750 at 5.24%$191.68
34,750 at 5.25%$191.89
34,750 at 5.26%$192.11
34,750 at 5.27%$192.32
34,750 at 5.28%$192.54
34,750 at 5.29%$192.75
34,750 at 5.3%$192.97
34,750 at 5.31%$193.18
34,750 at 5.32%$193.40
34,750 at 5.33%$193.62
34,750 at 5.34%$193.83
34,750 at 5.35%$194.05
34,750 at 5.36%$194.27
34,750 at 5.37%$194.48
34,750 at 5.38%$194.70
34,750 at 5.39%$194.92
34,750 at 5.4%$195.13
34,750 at 5.41%$195.35
34,750 at 5.42%$195.57
34,750 at 5.43%$195.78
34,750 at 5.44%$196.00
34,750 at 5.45%$196.22
34,750 at 5.46%$196.44
34,750 at 5.47%$196.65
34,750 at 5.48%$196.87
34,750 at 5.49%$197.09
34,750 at 5.5%$197.31
34,750 at 5.51%$197.52
34,750 at 5.52%$197.74
34,750 at 5.53%$197.96
34,750 at 5.54%$198.18
34,750 at 5.55%$198.40
34,750 at 5.56%$198.62
34,750 at 5.57%$198.84
34,750 at 5.58%$199.05
34,750 at 5.59%$199.27
34,750 at 5.6%$199.49
34,750 at 5.61%$199.71
34,750 at 5.62%$199.93
34,750 at 5.63%$200.15
34,750 at 5.64%$200.37
34,750 at 5.65%$200.59
34,750 at 5.66%$200.81
34,750 at 5.67%$201.03
34,750 at 5.68%$201.25
34,750 at 5.69%$201.47
34,750 at 5.7%$201.69
34,750 at 5.71%$201.91
34,750 at 5.72%$202.13
34,750 at 5.73%$202.35
34,750 at 5.74%$202.57
34,750 at 5.75%$202.79
34,750 at 5.76%$203.01
34,750 at 5.77%$203.23
34,750 at 5.78%$203.45
34,750 at 5.79%$203.68
34,750 at 5.8%$203.90
34,750 at 5.81%$204.12
34,750 at 5.82%$204.34
34,750 at 5.83%$204.56
34,750 at 5.84%$204.78
34,750 at 5.85%$205.00
34,750 at 5.86%$205.23
34,750 at 5.87%$205.45
34,750 at 5.88%$205.67
34,750 at 5.89%$205.89
34,750 at 5.9%$206.11
34,750 at 5.91%$206.34
34,750 at 5.92%$206.56
34,750 at 5.93%$206.78
34,750 at 5.94%$207.01
34,750 at 5.95%$207.23
34,750 at 5.96%$207.45
34,750 at 5.97%$207.67
34,750 at 5.98%$207.90
34,750 at 5.99%$208.12
34,750 at 6%$208.34
34,750 at 6.01%$208.57
34,750 at 6.02%$208.79
34,750 at 6.03%$209.01
34,750 at 6.04%$209.24
34,750 at 6.05%$209.46
34,750 at 6.06%$209.69
34,750 at 6.07%$209.91
34,750 at 6.08%$210.13
34,750 at 6.09%$210.36
34,750 at 6.1%$210.58
34,750 at 6.11%$210.81
34,750 at 6.12%$211.03
34,750 at 6.13%$211.26
34,750 at 6.14%$211.48
34,750 at 6.15%$211.71
34,750 at 6.16%$211.93
34,750 at 6.17%$212.16
34,750 at 6.18%$212.38
34,750 at 6.19%$212.61
34,750 at 6.2%$212.83
34,750 at 6.21%$213.06
34,750 at 6.22%$213.28
34,750 at 6.23%$213.51
34,750 at 6.24%$213.74
34,750 at 6.25%$213.96
34,750 at 6.26%$214.19
34,750 at 6.27%$214.41
34,750 at 6.28%$214.64
34,750 at 6.29%$214.87
34,750 at 6.3%$215.09
34,750 at 6.31%$215.32
34,750 at 6.32%$215.55
34,750 at 6.33%$215.77
34,750 at 6.34%$216.00
34,750 at 6.35%$216.23
34,750 at 6.36%$216.45
34,750 at 6.37%$216.68
34,750 at 6.38%$216.91
34,750 at 6.39%$217.14
34,750 at 6.4%$217.36
34,750 at 6.41%$217.59
34,750 at 6.42%$217.82
34,750 at 6.43%$218.05
34,750 at 6.44%$218.27
34,750 at 6.45%$218.50
34,750 at 6.46%$218.73
34,750 at 6.47%$218.96
34,750 at 6.48%$219.19
34,750 at 6.49%$219.42
34,750 at 6.5%$219.64
Interest Rate 30 Year
34,750 at 6.51%$219.87
34,750 at 6.52%$220.10
34,750 at 6.53%$220.33
34,750 at 6.54%$220.56
34,750 at 6.55%$220.79
34,750 at 6.56%$221.02
34,750 at 6.57%$221.25
34,750 at 6.58%$221.48
34,750 at 6.59%$221.70
34,750 at 6.6%$221.93
34,750 at 6.61%$222.16
34,750 at 6.62%$222.39
34,750 at 6.63%$222.62
34,750 at 6.64%$222.85
34,750 at 6.65%$223.08
34,750 at 6.66%$223.31
34,750 at 6.67%$223.54
34,750 at 6.68%$223.77
34,750 at 6.69%$224.00
34,750 at 6.7%$224.23
34,750 at 6.71%$224.46
34,750 at 6.72%$224.70
34,750 at 6.73%$224.93
34,750 at 6.74%$225.16
34,750 at 6.75%$225.39
34,750 at 6.76%$225.62
34,750 at 6.77%$225.85
34,750 at 6.78%$226.08
34,750 at 6.79%$226.31
34,750 at 6.8%$226.54
34,750 at 6.81%$226.78
34,750 at 6.82%$227.01
34,750 at 6.83%$227.24
34,750 at 6.84%$227.47
34,750 at 6.85%$227.70
34,750 at 6.86%$227.93
34,750 at 6.87%$228.17
34,750 at 6.88%$228.40
34,750 at 6.89%$228.63
34,750 at 6.9%$228.86
34,750 at 6.91%$229.10
34,750 at 6.92%$229.33
34,750 at 6.93%$229.56
34,750 at 6.94%$229.79
34,750 at 6.95%$230.03
34,750 at 6.96%$230.26
34,750 at 6.97%$230.49
34,750 at 6.98%$230.73
34,750 at 6.99%$230.96
34,750 at 7%$231.19
34,750 at 7.01%$231.43
34,750 at 7.02%$231.66
34,750 at 7.03%$231.89
34,750 at 7.04%$232.13
34,750 at 7.05%$232.36
34,750 at 7.06%$232.59
34,750 at 7.07%$232.83
34,750 at 7.08%$233.06
34,750 at 7.09%$233.30
34,750 at 7.1%$233.53
34,750 at 7.11%$233.77
34,750 at 7.12%$234.00
34,750 at 7.13%$234.23
34,750 at 7.14%$234.47
34,750 at 7.15%$234.70
34,750 at 7.16%$234.94
34,750 at 7.17%$235.17
34,750 at 7.18%$235.41
34,750 at 7.19%$235.64
34,750 at 7.2%$235.88
34,750 at 7.21%$236.11
34,750 at 7.22%$236.35
34,750 at 7.23%$236.59
34,750 at 7.24%$236.82
34,750 at 7.25%$237.06
34,750 at 7.26%$237.29
34,750 at 7.27%$237.53
34,750 at 7.28%$237.76
34,750 at 7.29%$238.00
34,750 at 7.3%$238.24
34,750 at 7.31%$238.47
34,750 at 7.32%$238.71
34,750 at 7.33%$238.94
34,750 at 7.34%$239.18
34,750 at 7.35%$239.42
34,750 at 7.36%$239.65
34,750 at 7.37%$239.89
34,750 at 7.38%$240.13
34,750 at 7.39%$240.36
34,750 at 7.4%$240.60
34,750 at 7.41%$240.84
34,750 at 7.42%$241.08
34,750 at 7.43%$241.31
34,750 at 7.44%$241.55
34,750 at 7.45%$241.79
34,750 at 7.46%$242.03
34,750 at 7.47%$242.26
34,750 at 7.48%$242.50
34,750 at 7.49%$242.74
34,750 at 7.5%$242.98
34,750 at 7.51%$243.22
34,750 at 7.52%$243.45
34,750 at 7.53%$243.69
34,750 at 7.54%$243.93
34,750 at 7.55%$244.17
34,750 at 7.56%$244.41
34,750 at 7.57%$244.64
34,750 at 7.58%$244.88
34,750 at 7.59%$245.12
34,750 at 7.6%$245.36
34,750 at 7.61%$245.60
34,750 at 7.62%$245.84
34,750 at 7.63%$246.08
34,750 at 7.64%$246.32
34,750 at 7.65%$246.56
34,750 at 7.66%$246.80
34,750 at 7.67%$247.03
34,750 at 7.68%$247.27
34,750 at 7.69%$247.51
34,750 at 7.7%$247.75
34,750 at 7.71%$247.99
34,750 at 7.72%$248.23
34,750 at 7.73%$248.47
34,750 at 7.74%$248.71
34,750 at 7.75%$248.95
34,750 at 7.76%$249.19
34,750 at 7.77%$249.43
34,750 at 7.78%$249.67
34,750 at 7.79%$249.91
34,750 at 7.8%$250.15
34,750 at 7.81%$250.40
34,750 at 7.82%$250.64
34,750 at 7.83%$250.88
34,750 at 7.84%$251.12
34,750 at 7.85%$251.36
34,750 at 7.86%$251.60
34,750 at 7.87%$251.84
34,750 at 7.88%$252.08
34,750 at 7.89%$252.32
34,750 at 7.9%$252.56
34,750 at 7.91%$252.81
34,750 at 7.92%$253.05
34,750 at 7.93%$253.29
34,750 at 7.94%$253.53
34,750 at 7.95%$253.77
34,750 at 7.96%$254.01
34,750 at 7.97%$254.26
34,750 at 7.98%$254.50
34,750 at 7.99%$254.74
34,750 at 8%$254.98
More Amounts
What is the down payment for a $34,750 house? How much do you need to put down?
Percent Down Down Payment
1%348
2%695
3%1,043
4%1,390
5%1,738
6%2,085
7%2,433
8%2,780
9%3,128
10%3,475
11%3,823
12%4,170
13%4,518
14%4,865
15%5,213
16%5,560
17%5,908
18%6,255
19%6,603
20%6,950
Percent Down Down Payment
21%7,298
22%7,645
23%7,993
24%8,340
25%8,688
26%9,035
27%9,383
28%9,730
29%10,078
30%10,425
31%10,773
32%11,120
33%11,468
34%11,815
35%12,163
36%12,510
37%12,858
38%13,205
39%13,553
40%13,900
Percent Down Down Payment
41%14,248
42%14,595
43%14,943
44%15,290
45%15,638
46%15,985
47%16,333
48%16,680
49%17,028
50%17,375
51%17,723
52%18,070
53%18,418
54%18,765
55%19,113
56%19,460
57%19,808
58%20,155
59%20,503
60%20,850
Percent Down Down Payment
61%21,198
62%21,545
63%21,893
64%22,240
65%22,588
66%22,935
67%23,283
68%23,630
69%23,978
70%24,325
71%24,673
72%25,020
73%25,368
74%25,715
75%26,063
76%26,410
77%26,758
78%27,105
79%27,453
80%27,800
Percent Down Down Payment
81%28,148
82%28,495
83%28,843
84%29,190
85%29,538
86%29,885
87%30,233
88%30,580
89%30,928
90%31,275
91%31,623
92%31,970
93%32,318
94%32,665
95%33,013
96%33,360
97%33,708
98%34,055
99%34,403
100%34,750
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.