$39,250 Mortgage for 30 Years

What is the monthly payment of a 39,250 dollar loan?
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Loan Tables for a $39,250 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 39k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $39,250 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
39,250 at 2.01%$145.27
39,250 at 2.02%$145.47
39,250 at 2.03%$145.67
39,250 at 2.04%$145.86
39,250 at 2.05%$146.06
39,250 at 2.06%$146.26
39,250 at 2.07%$146.45
39,250 at 2.08%$146.65
39,250 at 2.09%$146.85
39,250 at 2.1%$147.05
39,250 at 2.11%$147.24
39,250 at 2.12%$147.44
39,250 at 2.13%$147.64
39,250 at 2.14%$147.84
39,250 at 2.15%$148.04
39,250 at 2.16%$148.24
39,250 at 2.17%$148.44
39,250 at 2.18%$148.63
39,250 at 2.19%$148.83
39,250 at 2.2%$149.03
39,250 at 2.21%$149.23
39,250 at 2.22%$149.43
39,250 at 2.23%$149.63
39,250 at 2.24%$149.83
39,250 at 2.25%$150.03
39,250 at 2.26%$150.23
39,250 at 2.27%$150.43
39,250 at 2.28%$150.63
39,250 at 2.29%$150.83
39,250 at 2.3%$151.03
39,250 at 2.31%$151.24
39,250 at 2.32%$151.44
39,250 at 2.33%$151.64
39,250 at 2.34%$151.84
39,250 at 2.35%$152.04
39,250 at 2.36%$152.24
39,250 at 2.37%$152.45
39,250 at 2.38%$152.65
39,250 at 2.39%$152.85
39,250 at 2.4%$153.05
39,250 at 2.41%$153.25
39,250 at 2.42%$153.46
39,250 at 2.43%$153.66
39,250 at 2.44%$153.86
39,250 at 2.45%$154.07
39,250 at 2.46%$154.27
39,250 at 2.47%$154.47
39,250 at 2.48%$154.68
39,250 at 2.49%$154.88
39,250 at 2.5%$155.08
39,250 at 2.51%$155.29
39,250 at 2.52%$155.49
39,250 at 2.53%$155.70
39,250 at 2.54%$155.90
39,250 at 2.55%$156.11
39,250 at 2.56%$156.31
39,250 at 2.57%$156.52
39,250 at 2.58%$156.72
39,250 at 2.59%$156.93
39,250 at 2.6%$157.13
39,250 at 2.61%$157.34
39,250 at 2.62%$157.54
39,250 at 2.63%$157.75
39,250 at 2.64%$157.96
39,250 at 2.65%$158.16
39,250 at 2.66%$158.37
39,250 at 2.67%$158.58
39,250 at 2.68%$158.78
39,250 at 2.69%$158.99
39,250 at 2.7%$159.20
39,250 at 2.71%$159.40
39,250 at 2.72%$159.61
39,250 at 2.73%$159.82
39,250 at 2.74%$160.03
39,250 at 2.75%$160.23
39,250 at 2.76%$160.44
39,250 at 2.77%$160.65
39,250 at 2.78%$160.86
39,250 at 2.79%$161.07
39,250 at 2.8%$161.28
39,250 at 2.81%$161.48
39,250 at 2.82%$161.69
39,250 at 2.83%$161.90
39,250 at 2.84%$162.11
39,250 at 2.85%$162.32
39,250 at 2.86%$162.53
39,250 at 2.87%$162.74
39,250 at 2.88%$162.95
39,250 at 2.89%$163.16
39,250 at 2.9%$163.37
39,250 at 2.91%$163.58
39,250 at 2.92%$163.79
39,250 at 2.93%$164.00
39,250 at 2.94%$164.21
39,250 at 2.95%$164.42
39,250 at 2.96%$164.63
39,250 at 2.97%$164.85
39,250 at 2.98%$165.06
39,250 at 2.99%$165.27
39,250 at 3%$165.48
39,250 at 3.01%$165.69
39,250 at 3.02%$165.90
39,250 at 3.03%$166.12
39,250 at 3.04%$166.33
39,250 at 3.05%$166.54
39,250 at 3.06%$166.75
39,250 at 3.07%$166.97
39,250 at 3.08%$167.18
39,250 at 3.09%$167.39
39,250 at 3.1%$167.60
39,250 at 3.11%$167.82
39,250 at 3.12%$168.03
39,250 at 3.13%$168.24
39,250 at 3.14%$168.46
39,250 at 3.15%$168.67
39,250 at 3.16%$168.89
39,250 at 3.17%$169.10
39,250 at 3.18%$169.31
39,250 at 3.19%$169.53
39,250 at 3.2%$169.74
39,250 at 3.21%$169.96
39,250 at 3.22%$170.17
39,250 at 3.23%$170.39
39,250 at 3.24%$170.60
39,250 at 3.25%$170.82
39,250 at 3.26%$171.03
39,250 at 3.27%$171.25
39,250 at 3.28%$171.47
39,250 at 3.29%$171.68
39,250 at 3.3%$171.90
39,250 at 3.31%$172.11
39,250 at 3.32%$172.33
39,250 at 3.33%$172.55
39,250 at 3.34%$172.76
39,250 at 3.35%$172.98
39,250 at 3.36%$173.20
39,250 at 3.37%$173.41
39,250 at 3.38%$173.63
39,250 at 3.39%$173.85
39,250 at 3.4%$174.07
39,250 at 3.41%$174.28
39,250 at 3.42%$174.50
39,250 at 3.43%$174.72
39,250 at 3.44%$174.94
39,250 at 3.45%$175.16
39,250 at 3.46%$175.37
39,250 at 3.47%$175.59
39,250 at 3.48%$175.81
39,250 at 3.49%$176.03
39,250 at 3.5%$176.25
Interest Rate 30 Year
39,250 at 3.51%$176.47
39,250 at 3.52%$176.69
39,250 at 3.53%$176.91
39,250 at 3.54%$177.13
39,250 at 3.55%$177.35
39,250 at 3.56%$177.57
39,250 at 3.57%$177.79
39,250 at 3.58%$178.01
39,250 at 3.59%$178.23
39,250 at 3.6%$178.45
39,250 at 3.61%$178.67
39,250 at 3.62%$178.89
39,250 at 3.63%$179.11
39,250 at 3.64%$179.33
39,250 at 3.65%$179.55
39,250 at 3.66%$179.77
39,250 at 3.67%$180.00
39,250 at 3.68%$180.22
39,250 at 3.69%$180.44
39,250 at 3.7%$180.66
39,250 at 3.71%$180.88
39,250 at 3.72%$181.11
39,250 at 3.73%$181.33
39,250 at 3.74%$181.55
39,250 at 3.75%$181.77
39,250 at 3.76%$182.00
39,250 at 3.77%$182.22
39,250 at 3.78%$182.44
39,250 at 3.79%$182.66
39,250 at 3.8%$182.89
39,250 at 3.81%$183.11
39,250 at 3.82%$183.34
39,250 at 3.83%$183.56
39,250 at 3.84%$183.78
39,250 at 3.85%$184.01
39,250 at 3.86%$184.23
39,250 at 3.87%$184.46
39,250 at 3.88%$184.68
39,250 at 3.89%$184.90
39,250 at 3.9%$185.13
39,250 at 3.91%$185.35
39,250 at 3.92%$185.58
39,250 at 3.93%$185.81
39,250 at 3.94%$186.03
39,250 at 3.95%$186.26
39,250 at 3.96%$186.48
39,250 at 3.97%$186.71
39,250 at 3.98%$186.93
39,250 at 3.99%$187.16
39,250 at 4%$187.39
39,250 at 4.01%$187.61
39,250 at 4.02%$187.84
39,250 at 4.03%$188.06
39,250 at 4.04%$188.29
39,250 at 4.05%$188.52
39,250 at 4.06%$188.75
39,250 at 4.07%$188.97
39,250 at 4.08%$189.20
39,250 at 4.09%$189.43
39,250 at 4.1%$189.66
39,250 at 4.11%$189.88
39,250 at 4.12%$190.11
39,250 at 4.13%$190.34
39,250 at 4.14%$190.57
39,250 at 4.15%$190.80
39,250 at 4.16%$191.02
39,250 at 4.17%$191.25
39,250 at 4.18%$191.48
39,250 at 4.19%$191.71
39,250 at 4.2%$191.94
39,250 at 4.21%$192.17
39,250 at 4.22%$192.40
39,250 at 4.23%$192.63
39,250 at 4.24%$192.86
39,250 at 4.25%$193.09
39,250 at 4.26%$193.32
39,250 at 4.27%$193.55
39,250 at 4.28%$193.78
39,250 at 4.29%$194.01
39,250 at 4.3%$194.24
39,250 at 4.31%$194.47
39,250 at 4.32%$194.70
39,250 at 4.33%$194.93
39,250 at 4.34%$195.16
39,250 at 4.35%$195.39
39,250 at 4.36%$195.62
39,250 at 4.37%$195.85
39,250 at 4.38%$196.09
39,250 at 4.39%$196.32
39,250 at 4.4%$196.55
39,250 at 4.41%$196.78
39,250 at 4.42%$197.01
39,250 at 4.43%$197.24
39,250 at 4.44%$197.48
39,250 at 4.45%$197.71
39,250 at 4.46%$197.94
39,250 at 4.47%$198.17
39,250 at 4.48%$198.41
39,250 at 4.49%$198.64
39,250 at 4.5%$198.87
39,250 at 4.51%$199.11
39,250 at 4.52%$199.34
39,250 at 4.53%$199.57
39,250 at 4.54%$199.81
39,250 at 4.55%$200.04
39,250 at 4.56%$200.28
39,250 at 4.57%$200.51
39,250 at 4.58%$200.74
39,250 at 4.59%$200.98
39,250 at 4.6%$201.21
39,250 at 4.61%$201.45
39,250 at 4.62%$201.68
39,250 at 4.63%$201.92
39,250 at 4.64%$202.15
39,250 at 4.65%$202.39
39,250 at 4.66%$202.62
39,250 at 4.67%$202.86
39,250 at 4.68%$203.09
39,250 at 4.69%$203.33
39,250 at 4.7%$203.57
39,250 at 4.71%$203.80
39,250 at 4.72%$204.04
39,250 at 4.73%$204.27
39,250 at 4.74%$204.51
39,250 at 4.75%$204.75
39,250 at 4.76%$204.98
39,250 at 4.77%$205.22
39,250 at 4.78%$205.46
39,250 at 4.79%$205.69
39,250 at 4.8%$205.93
39,250 at 4.81%$206.17
39,250 at 4.82%$206.41
39,250 at 4.83%$206.64
39,250 at 4.84%$206.88
39,250 at 4.85%$207.12
39,250 at 4.86%$207.36
39,250 at 4.87%$207.60
39,250 at 4.88%$207.83
39,250 at 4.89%$208.07
39,250 at 4.9%$208.31
39,250 at 4.91%$208.55
39,250 at 4.92%$208.79
39,250 at 4.93%$209.03
39,250 at 4.94%$209.27
39,250 at 4.95%$209.50
39,250 at 4.96%$209.74
39,250 at 4.97%$209.98
39,250 at 4.98%$210.22
39,250 at 4.99%$210.46
39,250 at 5%$210.70
Interest Rate 30 Year
39,250 at 5.01%$210.94
39,250 at 5.02%$211.18
39,250 at 5.03%$211.42
39,250 at 5.04%$211.66
39,250 at 5.05%$211.90
39,250 at 5.06%$212.14
39,250 at 5.07%$212.38
39,250 at 5.08%$212.63
39,250 at 5.09%$212.87
39,250 at 5.1%$213.11
39,250 at 5.11%$213.35
39,250 at 5.12%$213.59
39,250 at 5.13%$213.83
39,250 at 5.14%$214.07
39,250 at 5.15%$214.32
39,250 at 5.16%$214.56
39,250 at 5.17%$214.80
39,250 at 5.18%$215.04
39,250 at 5.19%$215.28
39,250 at 5.2%$215.53
39,250 at 5.21%$215.77
39,250 at 5.22%$216.01
39,250 at 5.23%$216.25
39,250 at 5.24%$216.50
39,250 at 5.25%$216.74
39,250 at 5.26%$216.98
39,250 at 5.27%$217.23
39,250 at 5.28%$217.47
39,250 at 5.29%$217.71
39,250 at 5.3%$217.96
39,250 at 5.31%$218.20
39,250 at 5.32%$218.44
39,250 at 5.33%$218.69
39,250 at 5.34%$218.93
39,250 at 5.35%$219.18
39,250 at 5.36%$219.42
39,250 at 5.37%$219.67
39,250 at 5.38%$219.91
39,250 at 5.39%$220.16
39,250 at 5.4%$220.40
39,250 at 5.41%$220.65
39,250 at 5.42%$220.89
39,250 at 5.43%$221.14
39,250 at 5.44%$221.38
39,250 at 5.45%$221.63
39,250 at 5.46%$221.87
39,250 at 5.47%$222.12
39,250 at 5.48%$222.36
39,250 at 5.49%$222.61
39,250 at 5.5%$222.86
39,250 at 5.51%$223.10
39,250 at 5.52%$223.35
39,250 at 5.53%$223.60
39,250 at 5.54%$223.84
39,250 at 5.55%$224.09
39,250 at 5.56%$224.34
39,250 at 5.57%$224.58
39,250 at 5.58%$224.83
39,250 at 5.59%$225.08
39,250 at 5.6%$225.33
39,250 at 5.61%$225.57
39,250 at 5.62%$225.82
39,250 at 5.63%$226.07
39,250 at 5.64%$226.32
39,250 at 5.65%$226.57
39,250 at 5.66%$226.81
39,250 at 5.67%$227.06
39,250 at 5.68%$227.31
39,250 at 5.69%$227.56
39,250 at 5.7%$227.81
39,250 at 5.71%$228.06
39,250 at 5.72%$228.30
39,250 at 5.73%$228.55
39,250 at 5.74%$228.80
39,250 at 5.75%$229.05
39,250 at 5.76%$229.30
39,250 at 5.77%$229.55
39,250 at 5.78%$229.80
39,250 at 5.79%$230.05
39,250 at 5.8%$230.30
39,250 at 5.81%$230.55
39,250 at 5.82%$230.80
39,250 at 5.83%$231.05
39,250 at 5.84%$231.30
39,250 at 5.85%$231.55
39,250 at 5.86%$231.80
39,250 at 5.87%$232.05
39,250 at 5.88%$232.30
39,250 at 5.89%$232.55
39,250 at 5.9%$232.81
39,250 at 5.91%$233.06
39,250 at 5.92%$233.31
39,250 at 5.93%$233.56
39,250 at 5.94%$233.81
39,250 at 5.95%$234.06
39,250 at 5.96%$234.32
39,250 at 5.97%$234.57
39,250 at 5.98%$234.82
39,250 at 5.99%$235.07
39,250 at 6%$235.32
39,250 at 6.01%$235.58
39,250 at 6.02%$235.83
39,250 at 6.03%$236.08
39,250 at 6.04%$236.33
39,250 at 6.05%$236.59
39,250 at 6.06%$236.84
39,250 at 6.07%$237.09
39,250 at 6.08%$237.35
39,250 at 6.09%$237.60
39,250 at 6.1%$237.85
39,250 at 6.11%$238.11
39,250 at 6.12%$238.36
39,250 at 6.13%$238.61
39,250 at 6.14%$238.87
39,250 at 6.15%$239.12
39,250 at 6.16%$239.38
39,250 at 6.17%$239.63
39,250 at 6.18%$239.88
39,250 at 6.19%$240.14
39,250 at 6.2%$240.39
39,250 at 6.21%$240.65
39,250 at 6.22%$240.90
39,250 at 6.23%$241.16
39,250 at 6.24%$241.41
39,250 at 6.25%$241.67
39,250 at 6.26%$241.92
39,250 at 6.27%$242.18
39,250 at 6.28%$242.44
39,250 at 6.29%$242.69
39,250 at 6.3%$242.95
39,250 at 6.31%$243.20
39,250 at 6.32%$243.46
39,250 at 6.33%$243.71
39,250 at 6.34%$243.97
39,250 at 6.35%$244.23
39,250 at 6.36%$244.48
39,250 at 6.37%$244.74
39,250 at 6.38%$245.00
39,250 at 6.39%$245.25
39,250 at 6.4%$245.51
39,250 at 6.41%$245.77
39,250 at 6.42%$246.03
39,250 at 6.43%$246.28
39,250 at 6.44%$246.54
39,250 at 6.45%$246.80
39,250 at 6.46%$247.06
39,250 at 6.47%$247.31
39,250 at 6.48%$247.57
39,250 at 6.49%$247.83
39,250 at 6.5%$248.09
Interest Rate 30 Year
39,250 at 6.51%$248.34
39,250 at 6.52%$248.60
39,250 at 6.53%$248.86
39,250 at 6.54%$249.12
39,250 at 6.55%$249.38
39,250 at 6.56%$249.64
39,250 at 6.57%$249.90
39,250 at 6.58%$250.16
39,250 at 6.59%$250.41
39,250 at 6.6%$250.67
39,250 at 6.61%$250.93
39,250 at 6.62%$251.19
39,250 at 6.63%$251.45
39,250 at 6.64%$251.71
39,250 at 6.65%$251.97
39,250 at 6.66%$252.23
39,250 at 6.67%$252.49
39,250 at 6.68%$252.75
39,250 at 6.69%$253.01
39,250 at 6.7%$253.27
39,250 at 6.71%$253.53
39,250 at 6.72%$253.79
39,250 at 6.73%$254.05
39,250 at 6.74%$254.31
39,250 at 6.75%$254.57
39,250 at 6.76%$254.84
39,250 at 6.77%$255.10
39,250 at 6.78%$255.36
39,250 at 6.79%$255.62
39,250 at 6.8%$255.88
39,250 at 6.81%$256.14
39,250 at 6.82%$256.40
39,250 at 6.83%$256.67
39,250 at 6.84%$256.93
39,250 at 6.85%$257.19
39,250 at 6.86%$257.45
39,250 at 6.87%$257.71
39,250 at 6.88%$257.98
39,250 at 6.89%$258.24
39,250 at 6.9%$258.50
39,250 at 6.91%$258.76
39,250 at 6.92%$259.03
39,250 at 6.93%$259.29
39,250 at 6.94%$259.55
39,250 at 6.95%$259.81
39,250 at 6.96%$260.08
39,250 at 6.97%$260.34
39,250 at 6.98%$260.60
39,250 at 6.99%$260.87
39,250 at 7%$261.13
39,250 at 7.01%$261.39
39,250 at 7.02%$261.66
39,250 at 7.03%$261.92
39,250 at 7.04%$262.19
39,250 at 7.05%$262.45
39,250 at 7.06%$262.71
39,250 at 7.07%$262.98
39,250 at 7.08%$263.24
39,250 at 7.09%$263.51
39,250 at 7.1%$263.77
39,250 at 7.11%$264.04
39,250 at 7.12%$264.30
39,250 at 7.13%$264.57
39,250 at 7.14%$264.83
39,250 at 7.15%$265.10
39,250 at 7.16%$265.36
39,250 at 7.17%$265.63
39,250 at 7.18%$265.89
39,250 at 7.19%$266.16
39,250 at 7.2%$266.42
39,250 at 7.21%$266.69
39,250 at 7.22%$266.96
39,250 at 7.23%$267.22
39,250 at 7.24%$267.49
39,250 at 7.25%$267.75
39,250 at 7.26%$268.02
39,250 at 7.27%$268.29
39,250 at 7.28%$268.55
39,250 at 7.29%$268.82
39,250 at 7.3%$269.09
39,250 at 7.31%$269.35
39,250 at 7.32%$269.62
39,250 at 7.33%$269.89
39,250 at 7.34%$270.15
39,250 at 7.35%$270.42
39,250 at 7.36%$270.69
39,250 at 7.37%$270.96
39,250 at 7.38%$271.22
39,250 at 7.39%$271.49
39,250 at 7.4%$271.76
39,250 at 7.41%$272.03
39,250 at 7.42%$272.29
39,250 at 7.43%$272.56
39,250 at 7.44%$272.83
39,250 at 7.45%$273.10
39,250 at 7.46%$273.37
39,250 at 7.47%$273.64
39,250 at 7.48%$273.90
39,250 at 7.49%$274.17
39,250 at 7.5%$274.44
39,250 at 7.51%$274.71
39,250 at 7.52%$274.98
39,250 at 7.53%$275.25
39,250 at 7.54%$275.52
39,250 at 7.55%$275.79
39,250 at 7.56%$276.06
39,250 at 7.57%$276.33
39,250 at 7.58%$276.60
39,250 at 7.59%$276.86
39,250 at 7.6%$277.13
39,250 at 7.61%$277.40
39,250 at 7.62%$277.67
39,250 at 7.63%$277.94
39,250 at 7.64%$278.21
39,250 at 7.65%$278.48
39,250 at 7.66%$278.75
39,250 at 7.67%$279.03
39,250 at 7.68%$279.30
39,250 at 7.69%$279.57
39,250 at 7.7%$279.84
39,250 at 7.71%$280.11
39,250 at 7.72%$280.38
39,250 at 7.73%$280.65
39,250 at 7.74%$280.92
39,250 at 7.75%$281.19
39,250 at 7.76%$281.46
39,250 at 7.77%$281.73
39,250 at 7.78%$282.01
39,250 at 7.79%$282.28
39,250 at 7.8%$282.55
39,250 at 7.81%$282.82
39,250 at 7.82%$283.09
39,250 at 7.83%$283.36
39,250 at 7.84%$283.64
39,250 at 7.85%$283.91
39,250 at 7.86%$284.18
39,250 at 7.87%$284.45
39,250 at 7.88%$284.73
39,250 at 7.89%$285.00
39,250 at 7.9%$285.27
39,250 at 7.91%$285.54
39,250 at 7.92%$285.82
39,250 at 7.93%$286.09
39,250 at 7.94%$286.36
39,250 at 7.95%$286.64
39,250 at 7.96%$286.91
39,250 at 7.97%$287.18
39,250 at 7.98%$287.46
39,250 at 7.99%$287.73
39,250 at 8%$288.00
More Amounts
What is the down payment for a $39,250 house? How much do you need to put down?
Percent Down Down Payment
1%393
2%785
3%1,178
4%1,570
5%1,963
6%2,355
7%2,748
8%3,140
9%3,533
10%3,925
11%4,318
12%4,710
13%5,103
14%5,495
15%5,888
16%6,280
17%6,673
18%7,065
19%7,458
20%7,850
Percent Down Down Payment
21%8,243
22%8,635
23%9,028
24%9,420
25%9,813
26%10,205
27%10,598
28%10,990
29%11,383
30%11,775
31%12,168
32%12,560
33%12,953
34%13,345
35%13,738
36%14,130
37%14,523
38%14,915
39%15,308
40%15,700
Percent Down Down Payment
41%16,093
42%16,485
43%16,878
44%17,270
45%17,663
46%18,055
47%18,448
48%18,840
49%19,233
50%19,625
51%20,018
52%20,410
53%20,803
54%21,195
55%21,588
56%21,980
57%22,373
58%22,765
59%23,158
60%23,550
Percent Down Down Payment
61%23,943
62%24,335
63%24,728
64%25,120
65%25,513
66%25,905
67%26,298
68%26,690
69%27,083
70%27,475
71%27,868
72%28,260
73%28,653
74%29,045
75%29,438
76%29,830
77%30,223
78%30,615
79%31,008
80%31,400
Percent Down Down Payment
81%31,793
82%32,185
83%32,578
84%32,970
85%33,363
86%33,755
87%34,148
88%34,540
89%34,933
90%35,325
91%35,718
92%36,110
93%36,503
94%36,895
95%37,288
96%37,680
97%38,073
98%38,465
99%38,858
100%39,250
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.