$41,050 Mortgage for 30 Years

What is the monthly payment of a 41,050 dollar loan?
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Loan Tables for a $41,050 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 41k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $41,050 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
41,050 at 2.01%$151.93
41,050 at 2.02%$152.14
41,050 at 2.03%$152.35
41,050 at 2.04%$152.55
41,050 at 2.05%$152.76
41,050 at 2.06%$152.96
41,050 at 2.07%$153.17
41,050 at 2.08%$153.38
41,050 at 2.09%$153.58
41,050 at 2.1%$153.79
41,050 at 2.11%$154.00
41,050 at 2.12%$154.20
41,050 at 2.13%$154.41
41,050 at 2.14%$154.62
41,050 at 2.15%$154.83
41,050 at 2.16%$155.03
41,050 at 2.17%$155.24
41,050 at 2.18%$155.45
41,050 at 2.19%$155.66
41,050 at 2.2%$155.87
41,050 at 2.21%$156.08
41,050 at 2.22%$156.28
41,050 at 2.23%$156.49
41,050 at 2.24%$156.70
41,050 at 2.25%$156.91
41,050 at 2.26%$157.12
41,050 at 2.27%$157.33
41,050 at 2.28%$157.54
41,050 at 2.29%$157.75
41,050 at 2.3%$157.96
41,050 at 2.31%$158.17
41,050 at 2.32%$158.38
41,050 at 2.33%$158.59
41,050 at 2.34%$158.80
41,050 at 2.35%$159.01
41,050 at 2.36%$159.22
41,050 at 2.37%$159.44
41,050 at 2.38%$159.65
41,050 at 2.39%$159.86
41,050 at 2.4%$160.07
41,050 at 2.41%$160.28
41,050 at 2.42%$160.49
41,050 at 2.43%$160.71
41,050 at 2.44%$160.92
41,050 at 2.45%$161.13
41,050 at 2.46%$161.34
41,050 at 2.47%$161.56
41,050 at 2.48%$161.77
41,050 at 2.49%$161.98
41,050 at 2.5%$162.20
41,050 at 2.51%$162.41
41,050 at 2.52%$162.62
41,050 at 2.53%$162.84
41,050 at 2.54%$163.05
41,050 at 2.55%$163.27
41,050 at 2.56%$163.48
41,050 at 2.57%$163.70
41,050 at 2.58%$163.91
41,050 at 2.59%$164.12
41,050 at 2.6%$164.34
41,050 at 2.61%$164.55
41,050 at 2.62%$164.77
41,050 at 2.63%$164.99
41,050 at 2.64%$165.20
41,050 at 2.65%$165.42
41,050 at 2.66%$165.63
41,050 at 2.67%$165.85
41,050 at 2.68%$166.06
41,050 at 2.69%$166.28
41,050 at 2.7%$166.50
41,050 at 2.71%$166.71
41,050 at 2.72%$166.93
41,050 at 2.73%$167.15
41,050 at 2.74%$167.37
41,050 at 2.75%$167.58
41,050 at 2.76%$167.80
41,050 at 2.77%$168.02
41,050 at 2.78%$168.24
41,050 at 2.79%$168.45
41,050 at 2.8%$168.67
41,050 at 2.81%$168.89
41,050 at 2.82%$169.11
41,050 at 2.83%$169.33
41,050 at 2.84%$169.55
41,050 at 2.85%$169.77
41,050 at 2.86%$169.98
41,050 at 2.87%$170.20
41,050 at 2.88%$170.42
41,050 at 2.89%$170.64
41,050 at 2.9%$170.86
41,050 at 2.91%$171.08
41,050 at 2.92%$171.30
41,050 at 2.93%$171.52
41,050 at 2.94%$171.74
41,050 at 2.95%$171.96
41,050 at 2.96%$172.18
41,050 at 2.97%$172.40
41,050 at 2.98%$172.63
41,050 at 2.99%$172.85
41,050 at 3%$173.07
41,050 at 3.01%$173.29
41,050 at 3.02%$173.51
41,050 at 3.03%$173.73
41,050 at 3.04%$173.96
41,050 at 3.05%$174.18
41,050 at 3.06%$174.40
41,050 at 3.07%$174.62
41,050 at 3.08%$174.84
41,050 at 3.09%$175.07
41,050 at 3.1%$175.29
41,050 at 3.11%$175.51
41,050 at 3.12%$175.74
41,050 at 3.13%$175.96
41,050 at 3.14%$176.18
41,050 at 3.15%$176.41
41,050 at 3.16%$176.63
41,050 at 3.17%$176.85
41,050 at 3.18%$177.08
41,050 at 3.19%$177.30
41,050 at 3.2%$177.53
41,050 at 3.21%$177.75
41,050 at 3.22%$177.98
41,050 at 3.23%$178.20
41,050 at 3.24%$178.43
41,050 at 3.25%$178.65
41,050 at 3.26%$178.88
41,050 at 3.27%$179.10
41,050 at 3.28%$179.33
41,050 at 3.29%$179.55
41,050 at 3.3%$179.78
41,050 at 3.31%$180.01
41,050 at 3.32%$180.23
41,050 at 3.33%$180.46
41,050 at 3.34%$180.69
41,050 at 3.35%$180.91
41,050 at 3.36%$181.14
41,050 at 3.37%$181.37
41,050 at 3.38%$181.59
41,050 at 3.39%$181.82
41,050 at 3.4%$182.05
41,050 at 3.41%$182.28
41,050 at 3.42%$182.50
41,050 at 3.43%$182.73
41,050 at 3.44%$182.96
41,050 at 3.45%$183.19
41,050 at 3.46%$183.42
41,050 at 3.47%$183.65
41,050 at 3.48%$183.87
41,050 at 3.49%$184.10
41,050 at 3.5%$184.33
Interest Rate 30 Year
41,050 at 3.51%$184.56
41,050 at 3.52%$184.79
41,050 at 3.53%$185.02
41,050 at 3.54%$185.25
41,050 at 3.55%$185.48
41,050 at 3.56%$185.71
41,050 at 3.57%$185.94
41,050 at 3.58%$186.17
41,050 at 3.59%$186.40
41,050 at 3.6%$186.63
41,050 at 3.61%$186.86
41,050 at 3.62%$187.09
41,050 at 3.63%$187.32
41,050 at 3.64%$187.56
41,050 at 3.65%$187.79
41,050 at 3.66%$188.02
41,050 at 3.67%$188.25
41,050 at 3.68%$188.48
41,050 at 3.69%$188.71
41,050 at 3.7%$188.95
41,050 at 3.71%$189.18
41,050 at 3.72%$189.41
41,050 at 3.73%$189.64
41,050 at 3.74%$189.88
41,050 at 3.75%$190.11
41,050 at 3.76%$190.34
41,050 at 3.77%$190.58
41,050 at 3.78%$190.81
41,050 at 3.79%$191.04
41,050 at 3.8%$191.28
41,050 at 3.81%$191.51
41,050 at 3.82%$191.74
41,050 at 3.83%$191.98
41,050 at 3.84%$192.21
41,050 at 3.85%$192.45
41,050 at 3.86%$192.68
41,050 at 3.87%$192.91
41,050 at 3.88%$193.15
41,050 at 3.89%$193.38
41,050 at 3.9%$193.62
41,050 at 3.91%$193.86
41,050 at 3.92%$194.09
41,050 at 3.93%$194.33
41,050 at 3.94%$194.56
41,050 at 3.95%$194.80
41,050 at 3.96%$195.03
41,050 at 3.97%$195.27
41,050 at 3.98%$195.51
41,050 at 3.99%$195.74
41,050 at 4%$195.98
41,050 at 4.01%$196.22
41,050 at 4.02%$196.45
41,050 at 4.03%$196.69
41,050 at 4.04%$196.93
41,050 at 4.05%$197.16
41,050 at 4.06%$197.40
41,050 at 4.07%$197.64
41,050 at 4.08%$197.88
41,050 at 4.09%$198.11
41,050 at 4.1%$198.35
41,050 at 4.11%$198.59
41,050 at 4.12%$198.83
41,050 at 4.13%$199.07
41,050 at 4.14%$199.31
41,050 at 4.15%$199.55
41,050 at 4.16%$199.78
41,050 at 4.17%$200.02
41,050 at 4.18%$200.26
41,050 at 4.19%$200.50
41,050 at 4.2%$200.74
41,050 at 4.21%$200.98
41,050 at 4.22%$201.22
41,050 at 4.23%$201.46
41,050 at 4.24%$201.70
41,050 at 4.25%$201.94
41,050 at 4.26%$202.18
41,050 at 4.27%$202.42
41,050 at 4.28%$202.66
41,050 at 4.29%$202.90
41,050 at 4.3%$203.14
41,050 at 4.31%$203.39
41,050 at 4.32%$203.63
41,050 at 4.33%$203.87
41,050 at 4.34%$204.11
41,050 at 4.35%$204.35
41,050 at 4.36%$204.59
41,050 at 4.37%$204.84
41,050 at 4.38%$205.08
41,050 at 4.39%$205.32
41,050 at 4.4%$205.56
41,050 at 4.41%$205.80
41,050 at 4.42%$206.05
41,050 at 4.43%$206.29
41,050 at 4.44%$206.53
41,050 at 4.45%$206.78
41,050 at 4.46%$207.02
41,050 at 4.47%$207.26
41,050 at 4.48%$207.51
41,050 at 4.49%$207.75
41,050 at 4.5%$207.99
41,050 at 4.51%$208.24
41,050 at 4.52%$208.48
41,050 at 4.53%$208.73
41,050 at 4.54%$208.97
41,050 at 4.55%$209.22
41,050 at 4.56%$209.46
41,050 at 4.57%$209.71
41,050 at 4.58%$209.95
41,050 at 4.59%$210.20
41,050 at 4.6%$210.44
41,050 at 4.61%$210.69
41,050 at 4.62%$210.93
41,050 at 4.63%$211.18
41,050 at 4.64%$211.42
41,050 at 4.65%$211.67
41,050 at 4.66%$211.92
41,050 at 4.67%$212.16
41,050 at 4.68%$212.41
41,050 at 4.69%$212.65
41,050 at 4.7%$212.90
41,050 at 4.71%$213.15
41,050 at 4.72%$213.39
41,050 at 4.73%$213.64
41,050 at 4.74%$213.89
41,050 at 4.75%$214.14
41,050 at 4.76%$214.38
41,050 at 4.77%$214.63
41,050 at 4.78%$214.88
41,050 at 4.79%$215.13
41,050 at 4.8%$215.38
41,050 at 4.81%$215.62
41,050 at 4.82%$215.87
41,050 at 4.83%$216.12
41,050 at 4.84%$216.37
41,050 at 4.85%$216.62
41,050 at 4.86%$216.87
41,050 at 4.87%$217.12
41,050 at 4.88%$217.36
41,050 at 4.89%$217.61
41,050 at 4.9%$217.86
41,050 at 4.91%$218.11
41,050 at 4.92%$218.36
41,050 at 4.93%$218.61
41,050 at 4.94%$218.86
41,050 at 4.95%$219.11
41,050 at 4.96%$219.36
41,050 at 4.97%$219.61
41,050 at 4.98%$219.86
41,050 at 4.99%$220.11
41,050 at 5%$220.37
Interest Rate 30 Year
41,050 at 5.01%$220.62
41,050 at 5.02%$220.87
41,050 at 5.03%$221.12
41,050 at 5.04%$221.37
41,050 at 5.05%$221.62
41,050 at 5.06%$221.87
41,050 at 5.07%$222.12
41,050 at 5.08%$222.38
41,050 at 5.09%$222.63
41,050 at 5.1%$222.88
41,050 at 5.11%$223.13
41,050 at 5.12%$223.39
41,050 at 5.13%$223.64
41,050 at 5.14%$223.89
41,050 at 5.15%$224.14
41,050 at 5.16%$224.40
41,050 at 5.17%$224.65
41,050 at 5.18%$224.90
41,050 at 5.19%$225.16
41,050 at 5.2%$225.41
41,050 at 5.21%$225.66
41,050 at 5.22%$225.92
41,050 at 5.23%$226.17
41,050 at 5.24%$226.43
41,050 at 5.25%$226.68
41,050 at 5.26%$226.93
41,050 at 5.27%$227.19
41,050 at 5.28%$227.44
41,050 at 5.29%$227.70
41,050 at 5.3%$227.95
41,050 at 5.31%$228.21
41,050 at 5.32%$228.46
41,050 at 5.33%$228.72
41,050 at 5.34%$228.97
41,050 at 5.35%$229.23
41,050 at 5.36%$229.48
41,050 at 5.37%$229.74
41,050 at 5.38%$230.00
41,050 at 5.39%$230.25
41,050 at 5.4%$230.51
41,050 at 5.41%$230.76
41,050 at 5.42%$231.02
41,050 at 5.43%$231.28
41,050 at 5.44%$231.53
41,050 at 5.45%$231.79
41,050 at 5.46%$232.05
41,050 at 5.47%$232.31
41,050 at 5.48%$232.56
41,050 at 5.49%$232.82
41,050 at 5.5%$233.08
41,050 at 5.51%$233.34
41,050 at 5.52%$233.59
41,050 at 5.53%$233.85
41,050 at 5.54%$234.11
41,050 at 5.55%$234.37
41,050 at 5.56%$234.63
41,050 at 5.57%$234.88
41,050 at 5.58%$235.14
41,050 at 5.59%$235.40
41,050 at 5.6%$235.66
41,050 at 5.61%$235.92
41,050 at 5.62%$236.18
41,050 at 5.63%$236.44
41,050 at 5.64%$236.70
41,050 at 5.65%$236.96
41,050 at 5.66%$237.21
41,050 at 5.67%$237.47
41,050 at 5.68%$237.73
41,050 at 5.69%$237.99
41,050 at 5.7%$238.25
41,050 at 5.71%$238.51
41,050 at 5.72%$238.77
41,050 at 5.73%$239.04
41,050 at 5.74%$239.30
41,050 at 5.75%$239.56
41,050 at 5.76%$239.82
41,050 at 5.77%$240.08
41,050 at 5.78%$240.34
41,050 at 5.79%$240.60
41,050 at 5.8%$240.86
41,050 at 5.81%$241.12
41,050 at 5.82%$241.39
41,050 at 5.83%$241.65
41,050 at 5.84%$241.91
41,050 at 5.85%$242.17
41,050 at 5.86%$242.43
41,050 at 5.87%$242.70
41,050 at 5.88%$242.96
41,050 at 5.89%$243.22
41,050 at 5.9%$243.48
41,050 at 5.91%$243.75
41,050 at 5.92%$244.01
41,050 at 5.93%$244.27
41,050 at 5.94%$244.53
41,050 at 5.95%$244.80
41,050 at 5.96%$245.06
41,050 at 5.97%$245.32
41,050 at 5.98%$245.59
41,050 at 5.99%$245.85
41,050 at 6%$246.12
41,050 at 6.01%$246.38
41,050 at 6.02%$246.64
41,050 at 6.03%$246.91
41,050 at 6.04%$247.17
41,050 at 6.05%$247.44
41,050 at 6.06%$247.70
41,050 at 6.07%$247.97
41,050 at 6.08%$248.23
41,050 at 6.09%$248.50
41,050 at 6.1%$248.76
41,050 at 6.11%$249.03
41,050 at 6.12%$249.29
41,050 at 6.13%$249.56
41,050 at 6.14%$249.82
41,050 at 6.15%$250.09
41,050 at 6.16%$250.35
41,050 at 6.17%$250.62
41,050 at 6.18%$250.89
41,050 at 6.19%$251.15
41,050 at 6.2%$251.42
41,050 at 6.21%$251.68
41,050 at 6.22%$251.95
41,050 at 6.23%$252.22
41,050 at 6.24%$252.48
41,050 at 6.25%$252.75
41,050 at 6.26%$253.02
41,050 at 6.27%$253.29
41,050 at 6.28%$253.55
41,050 at 6.29%$253.82
41,050 at 6.3%$254.09
41,050 at 6.31%$254.36
41,050 at 6.32%$254.62
41,050 at 6.33%$254.89
41,050 at 6.34%$255.16
41,050 at 6.35%$255.43
41,050 at 6.36%$255.70
41,050 at 6.37%$255.96
41,050 at 6.38%$256.23
41,050 at 6.39%$256.50
41,050 at 6.4%$256.77
41,050 at 6.41%$257.04
41,050 at 6.42%$257.31
41,050 at 6.43%$257.58
41,050 at 6.44%$257.85
41,050 at 6.45%$258.12
41,050 at 6.46%$258.39
41,050 at 6.47%$258.65
41,050 at 6.48%$258.92
41,050 at 6.49%$259.19
41,050 at 6.5%$259.46
Interest Rate 30 Year
41,050 at 6.51%$259.73
41,050 at 6.52%$260.00
41,050 at 6.53%$260.27
41,050 at 6.54%$260.54
41,050 at 6.55%$260.82
41,050 at 6.56%$261.09
41,050 at 6.57%$261.36
41,050 at 6.58%$261.63
41,050 at 6.59%$261.90
41,050 at 6.6%$262.17
41,050 at 6.61%$262.44
41,050 at 6.62%$262.71
41,050 at 6.63%$262.98
41,050 at 6.64%$263.25
41,050 at 6.65%$263.53
41,050 at 6.66%$263.80
41,050 at 6.67%$264.07
41,050 at 6.68%$264.34
41,050 at 6.69%$264.61
41,050 at 6.7%$264.89
41,050 at 6.71%$265.16
41,050 at 6.72%$265.43
41,050 at 6.73%$265.70
41,050 at 6.74%$265.98
41,050 at 6.75%$266.25
41,050 at 6.76%$266.52
41,050 at 6.77%$266.80
41,050 at 6.78%$267.07
41,050 at 6.79%$267.34
41,050 at 6.8%$267.62
41,050 at 6.81%$267.89
41,050 at 6.82%$268.16
41,050 at 6.83%$268.44
41,050 at 6.84%$268.71
41,050 at 6.85%$268.98
41,050 at 6.86%$269.26
41,050 at 6.87%$269.53
41,050 at 6.88%$269.81
41,050 at 6.89%$270.08
41,050 at 6.9%$270.36
41,050 at 6.91%$270.63
41,050 at 6.92%$270.90
41,050 at 6.93%$271.18
41,050 at 6.94%$271.45
41,050 at 6.95%$271.73
41,050 at 6.96%$272.00
41,050 at 6.97%$272.28
41,050 at 6.98%$272.56
41,050 at 6.99%$272.83
41,050 at 7%$273.11
41,050 at 7.01%$273.38
41,050 at 7.02%$273.66
41,050 at 7.03%$273.93
41,050 at 7.04%$274.21
41,050 at 7.05%$274.49
41,050 at 7.06%$274.76
41,050 at 7.07%$275.04
41,050 at 7.08%$275.32
41,050 at 7.09%$275.59
41,050 at 7.1%$275.87
41,050 at 7.11%$276.15
41,050 at 7.12%$276.42
41,050 at 7.13%$276.70
41,050 at 7.14%$276.98
41,050 at 7.15%$277.25
41,050 at 7.16%$277.53
41,050 at 7.17%$277.81
41,050 at 7.18%$278.09
41,050 at 7.19%$278.36
41,050 at 7.2%$278.64
41,050 at 7.21%$278.92
41,050 at 7.22%$279.20
41,050 at 7.23%$279.48
41,050 at 7.24%$279.75
41,050 at 7.25%$280.03
41,050 at 7.26%$280.31
41,050 at 7.27%$280.59
41,050 at 7.28%$280.87
41,050 at 7.29%$281.15
41,050 at 7.3%$281.43
41,050 at 7.31%$281.71
41,050 at 7.32%$281.99
41,050 at 7.33%$282.26
41,050 at 7.34%$282.54
41,050 at 7.35%$282.82
41,050 at 7.36%$283.10
41,050 at 7.37%$283.38
41,050 at 7.38%$283.66
41,050 at 7.39%$283.94
41,050 at 7.4%$284.22
41,050 at 7.41%$284.50
41,050 at 7.42%$284.78
41,050 at 7.43%$285.06
41,050 at 7.44%$285.34
41,050 at 7.45%$285.62
41,050 at 7.46%$285.90
41,050 at 7.47%$286.18
41,050 at 7.48%$286.47
41,050 at 7.49%$286.75
41,050 at 7.5%$287.03
41,050 at 7.51%$287.31
41,050 at 7.52%$287.59
41,050 at 7.53%$287.87
41,050 at 7.54%$288.15
41,050 at 7.55%$288.43
41,050 at 7.56%$288.72
41,050 at 7.57%$289.00
41,050 at 7.58%$289.28
41,050 at 7.59%$289.56
41,050 at 7.6%$289.84
41,050 at 7.61%$290.13
41,050 at 7.62%$290.41
41,050 at 7.63%$290.69
41,050 at 7.64%$290.97
41,050 at 7.65%$291.26
41,050 at 7.66%$291.54
41,050 at 7.67%$291.82
41,050 at 7.68%$292.10
41,050 at 7.69%$292.39
41,050 at 7.7%$292.67
41,050 at 7.71%$292.95
41,050 at 7.72%$293.24
41,050 at 7.73%$293.52
41,050 at 7.74%$293.80
41,050 at 7.75%$294.09
41,050 at 7.76%$294.37
41,050 at 7.77%$294.65
41,050 at 7.78%$294.94
41,050 at 7.79%$295.22
41,050 at 7.8%$295.51
41,050 at 7.81%$295.79
41,050 at 7.82%$296.08
41,050 at 7.83%$296.36
41,050 at 7.84%$296.64
41,050 at 7.85%$296.93
41,050 at 7.86%$297.21
41,050 at 7.87%$297.50
41,050 at 7.88%$297.78
41,050 at 7.89%$298.07
41,050 at 7.9%$298.35
41,050 at 7.91%$298.64
41,050 at 7.92%$298.92
41,050 at 7.93%$299.21
41,050 at 7.94%$299.50
41,050 at 7.95%$299.78
41,050 at 7.96%$300.07
41,050 at 7.97%$300.35
41,050 at 7.98%$300.64
41,050 at 7.99%$300.92
41,050 at 8%$301.21
More Amounts
What is the down payment for a $41,050 house? How much do you need to put down?
Percent Down Down Payment
1%411
2%821
3%1,232
4%1,642
5%2,053
6%2,463
7%2,874
8%3,284
9%3,695
10%4,105
11%4,516
12%4,926
13%5,337
14%5,747
15%6,158
16%6,568
17%6,979
18%7,389
19%7,800
20%8,210
Percent Down Down Payment
21%8,621
22%9,031
23%9,442
24%9,852
25%10,263
26%10,673
27%11,084
28%11,494
29%11,905
30%12,315
31%12,726
32%13,136
33%13,547
34%13,957
35%14,368
36%14,778
37%15,189
38%15,599
39%16,010
40%16,420
Percent Down Down Payment
41%16,831
42%17,241
43%17,652
44%18,062
45%18,473
46%18,883
47%19,294
48%19,704
49%20,115
50%20,525
51%20,936
52%21,346
53%21,757
54%22,167
55%22,578
56%22,988
57%23,399
58%23,809
59%24,220
60%24,630
Percent Down Down Payment
61%25,041
62%25,451
63%25,862
64%26,272
65%26,683
66%27,093
67%27,504
68%27,914
69%28,325
70%28,735
71%29,146
72%29,556
73%29,967
74%30,377
75%30,788
76%31,198
77%31,609
78%32,019
79%32,430
80%32,840
Percent Down Down Payment
81%33,251
82%33,661
83%34,072
84%34,482
85%34,893
86%35,303
87%35,714
88%36,124
89%36,535
90%36,945
91%37,356
92%37,766
93%38,177
94%38,587
95%38,998
96%39,408
97%39,819
98%40,229
99%40,640
100%41,050
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.