$41,500 Mortgage for 30 Years

What is the monthly payment of a 41,500 dollar loan?
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Loan Tables for a $41,500 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 42k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $41,500 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
41,500 at 2.01%$153.60
41,500 at 2.02%$153.81
41,500 at 2.03%$154.02
41,500 at 2.04%$154.22
41,500 at 2.05%$154.43
41,500 at 2.06%$154.64
41,500 at 2.07%$154.85
41,500 at 2.08%$155.06
41,500 at 2.09%$155.27
41,500 at 2.1%$155.48
41,500 at 2.11%$155.68
41,500 at 2.12%$155.89
41,500 at 2.13%$156.10
41,500 at 2.14%$156.31
41,500 at 2.15%$156.52
41,500 at 2.16%$156.73
41,500 at 2.17%$156.94
41,500 at 2.18%$157.15
41,500 at 2.19%$157.37
41,500 at 2.2%$157.58
41,500 at 2.21%$157.79
41,500 at 2.22%$158.00
41,500 at 2.23%$158.21
41,500 at 2.24%$158.42
41,500 at 2.25%$158.63
41,500 at 2.26%$158.84
41,500 at 2.27%$159.06
41,500 at 2.28%$159.27
41,500 at 2.29%$159.48
41,500 at 2.3%$159.69
41,500 at 2.31%$159.91
41,500 at 2.32%$160.12
41,500 at 2.33%$160.33
41,500 at 2.34%$160.54
41,500 at 2.35%$160.76
41,500 at 2.36%$160.97
41,500 at 2.37%$161.18
41,500 at 2.38%$161.40
41,500 at 2.39%$161.61
41,500 at 2.4%$161.83
41,500 at 2.41%$162.04
41,500 at 2.42%$162.25
41,500 at 2.43%$162.47
41,500 at 2.44%$162.68
41,500 at 2.45%$162.90
41,500 at 2.46%$163.11
41,500 at 2.47%$163.33
41,500 at 2.48%$163.54
41,500 at 2.49%$163.76
41,500 at 2.5%$163.98
41,500 at 2.51%$164.19
41,500 at 2.52%$164.41
41,500 at 2.53%$164.62
41,500 at 2.54%$164.84
41,500 at 2.55%$165.06
41,500 at 2.56%$165.27
41,500 at 2.57%$165.49
41,500 at 2.58%$165.71
41,500 at 2.59%$165.92
41,500 at 2.6%$166.14
41,500 at 2.61%$166.36
41,500 at 2.62%$166.58
41,500 at 2.63%$166.79
41,500 at 2.64%$167.01
41,500 at 2.65%$167.23
41,500 at 2.66%$167.45
41,500 at 2.67%$167.67
41,500 at 2.68%$167.89
41,500 at 2.69%$168.10
41,500 at 2.7%$168.32
41,500 at 2.71%$168.54
41,500 at 2.72%$168.76
41,500 at 2.73%$168.98
41,500 at 2.74%$169.20
41,500 at 2.75%$169.42
41,500 at 2.76%$169.64
41,500 at 2.77%$169.86
41,500 at 2.78%$170.08
41,500 at 2.79%$170.30
41,500 at 2.8%$170.52
41,500 at 2.81%$170.74
41,500 at 2.82%$170.96
41,500 at 2.83%$171.18
41,500 at 2.84%$171.40
41,500 at 2.85%$171.63
41,500 at 2.86%$171.85
41,500 at 2.87%$172.07
41,500 at 2.88%$172.29
41,500 at 2.89%$172.51
41,500 at 2.9%$172.74
41,500 at 2.91%$172.96
41,500 at 2.92%$173.18
41,500 at 2.93%$173.40
41,500 at 2.94%$173.63
41,500 at 2.95%$173.85
41,500 at 2.96%$174.07
41,500 at 2.97%$174.29
41,500 at 2.98%$174.52
41,500 at 2.99%$174.74
41,500 at 3%$174.97
41,500 at 3.01%$175.19
41,500 at 3.02%$175.41
41,500 at 3.03%$175.64
41,500 at 3.04%$175.86
41,500 at 3.05%$176.09
41,500 at 3.06%$176.31
41,500 at 3.07%$176.54
41,500 at 3.08%$176.76
41,500 at 3.09%$176.99
41,500 at 3.1%$177.21
41,500 at 3.11%$177.44
41,500 at 3.12%$177.66
41,500 at 3.13%$177.89
41,500 at 3.14%$178.11
41,500 at 3.15%$178.34
41,500 at 3.16%$178.57
41,500 at 3.17%$178.79
41,500 at 3.18%$179.02
41,500 at 3.19%$179.25
41,500 at 3.2%$179.47
41,500 at 3.21%$179.70
41,500 at 3.22%$179.93
41,500 at 3.23%$180.16
41,500 at 3.24%$180.38
41,500 at 3.25%$180.61
41,500 at 3.26%$180.84
41,500 at 3.27%$181.07
41,500 at 3.28%$181.29
41,500 at 3.29%$181.52
41,500 at 3.3%$181.75
41,500 at 3.31%$181.98
41,500 at 3.32%$182.21
41,500 at 3.33%$182.44
41,500 at 3.34%$182.67
41,500 at 3.35%$182.90
41,500 at 3.36%$183.13
41,500 at 3.37%$183.36
41,500 at 3.38%$183.58
41,500 at 3.39%$183.81
41,500 at 3.4%$184.04
41,500 at 3.41%$184.27
41,500 at 3.42%$184.51
41,500 at 3.43%$184.74
41,500 at 3.44%$184.97
41,500 at 3.45%$185.20
41,500 at 3.46%$185.43
41,500 at 3.47%$185.66
41,500 at 3.48%$185.89
41,500 at 3.49%$186.12
41,500 at 3.5%$186.35
Interest Rate 30 Year
41,500 at 3.51%$186.59
41,500 at 3.52%$186.82
41,500 at 3.53%$187.05
41,500 at 3.54%$187.28
41,500 at 3.55%$187.51
41,500 at 3.56%$187.75
41,500 at 3.57%$187.98
41,500 at 3.58%$188.21
41,500 at 3.59%$188.44
41,500 at 3.6%$188.68
41,500 at 3.61%$188.91
41,500 at 3.62%$189.14
41,500 at 3.63%$189.38
41,500 at 3.64%$189.61
41,500 at 3.65%$189.85
41,500 at 3.66%$190.08
41,500 at 3.67%$190.31
41,500 at 3.68%$190.55
41,500 at 3.69%$190.78
41,500 at 3.7%$191.02
41,500 at 3.71%$191.25
41,500 at 3.72%$191.49
41,500 at 3.73%$191.72
41,500 at 3.74%$191.96
41,500 at 3.75%$192.19
41,500 at 3.76%$192.43
41,500 at 3.77%$192.66
41,500 at 3.78%$192.90
41,500 at 3.79%$193.14
41,500 at 3.8%$193.37
41,500 at 3.81%$193.61
41,500 at 3.82%$193.85
41,500 at 3.83%$194.08
41,500 at 3.84%$194.32
41,500 at 3.85%$194.56
41,500 at 3.86%$194.79
41,500 at 3.87%$195.03
41,500 at 3.88%$195.27
41,500 at 3.89%$195.50
41,500 at 3.9%$195.74
41,500 at 3.91%$195.98
41,500 at 3.92%$196.22
41,500 at 3.93%$196.46
41,500 at 3.94%$196.69
41,500 at 3.95%$196.93
41,500 at 3.96%$197.17
41,500 at 3.97%$197.41
41,500 at 3.98%$197.65
41,500 at 3.99%$197.89
41,500 at 4%$198.13
41,500 at 4.01%$198.37
41,500 at 4.02%$198.61
41,500 at 4.03%$198.85
41,500 at 4.04%$199.09
41,500 at 4.05%$199.33
41,500 at 4.06%$199.57
41,500 at 4.07%$199.81
41,500 at 4.08%$200.05
41,500 at 4.09%$200.29
41,500 at 4.1%$200.53
41,500 at 4.11%$200.77
41,500 at 4.12%$201.01
41,500 at 4.13%$201.25
41,500 at 4.14%$201.49
41,500 at 4.15%$201.73
41,500 at 4.16%$201.97
41,500 at 4.17%$202.22
41,500 at 4.18%$202.46
41,500 at 4.19%$202.70
41,500 at 4.2%$202.94
41,500 at 4.21%$203.18
41,500 at 4.22%$203.43
41,500 at 4.23%$203.67
41,500 at 4.24%$203.91
41,500 at 4.25%$204.16
41,500 at 4.26%$204.40
41,500 at 4.27%$204.64
41,500 at 4.28%$204.88
41,500 at 4.29%$205.13
41,500 at 4.3%$205.37
41,500 at 4.31%$205.62
41,500 at 4.32%$205.86
41,500 at 4.33%$206.10
41,500 at 4.34%$206.35
41,500 at 4.35%$206.59
41,500 at 4.36%$206.84
41,500 at 4.37%$207.08
41,500 at 4.38%$207.33
41,500 at 4.39%$207.57
41,500 at 4.4%$207.82
41,500 at 4.41%$208.06
41,500 at 4.42%$208.31
41,500 at 4.43%$208.55
41,500 at 4.44%$208.80
41,500 at 4.45%$209.04
41,500 at 4.46%$209.29
41,500 at 4.47%$209.54
41,500 at 4.48%$209.78
41,500 at 4.49%$210.03
41,500 at 4.5%$210.27
41,500 at 4.51%$210.52
41,500 at 4.52%$210.77
41,500 at 4.53%$211.01
41,500 at 4.54%$211.26
41,500 at 4.55%$211.51
41,500 at 4.56%$211.76
41,500 at 4.57%$212.00
41,500 at 4.58%$212.25
41,500 at 4.59%$212.50
41,500 at 4.6%$212.75
41,500 at 4.61%$213.00
41,500 at 4.62%$213.24
41,500 at 4.63%$213.49
41,500 at 4.64%$213.74
41,500 at 4.65%$213.99
41,500 at 4.66%$214.24
41,500 at 4.67%$214.49
41,500 at 4.68%$214.74
41,500 at 4.69%$214.99
41,500 at 4.7%$215.23
41,500 at 4.71%$215.48
41,500 at 4.72%$215.73
41,500 at 4.73%$215.98
41,500 at 4.74%$216.23
41,500 at 4.75%$216.48
41,500 at 4.76%$216.73
41,500 at 4.77%$216.98
41,500 at 4.78%$217.23
41,500 at 4.79%$217.49
41,500 at 4.8%$217.74
41,500 at 4.81%$217.99
41,500 at 4.82%$218.24
41,500 at 4.83%$218.49
41,500 at 4.84%$218.74
41,500 at 4.85%$218.99
41,500 at 4.86%$219.24
41,500 at 4.87%$219.50
41,500 at 4.88%$219.75
41,500 at 4.89%$220.00
41,500 at 4.9%$220.25
41,500 at 4.91%$220.50
41,500 at 4.92%$220.76
41,500 at 4.93%$221.01
41,500 at 4.94%$221.26
41,500 at 4.95%$221.51
41,500 at 4.96%$221.77
41,500 at 4.97%$222.02
41,500 at 4.98%$222.27
41,500 at 4.99%$222.53
41,500 at 5%$222.78
Interest Rate 30 Year
41,500 at 5.01%$223.03
41,500 at 5.02%$223.29
41,500 at 5.03%$223.54
41,500 at 5.04%$223.80
41,500 at 5.05%$224.05
41,500 at 5.06%$224.31
41,500 at 5.07%$224.56
41,500 at 5.08%$224.81
41,500 at 5.09%$225.07
41,500 at 5.1%$225.32
41,500 at 5.11%$225.58
41,500 at 5.12%$225.83
41,500 at 5.13%$226.09
41,500 at 5.14%$226.35
41,500 at 5.15%$226.60
41,500 at 5.16%$226.86
41,500 at 5.17%$227.11
41,500 at 5.18%$227.37
41,500 at 5.19%$227.62
41,500 at 5.2%$227.88
41,500 at 5.21%$228.14
41,500 at 5.22%$228.39
41,500 at 5.23%$228.65
41,500 at 5.24%$228.91
41,500 at 5.25%$229.16
41,500 at 5.26%$229.42
41,500 at 5.27%$229.68
41,500 at 5.28%$229.94
41,500 at 5.29%$230.19
41,500 at 5.3%$230.45
41,500 at 5.31%$230.71
41,500 at 5.32%$230.97
41,500 at 5.33%$231.23
41,500 at 5.34%$231.48
41,500 at 5.35%$231.74
41,500 at 5.36%$232.00
41,500 at 5.37%$232.26
41,500 at 5.38%$232.52
41,500 at 5.39%$232.78
41,500 at 5.4%$233.04
41,500 at 5.41%$233.29
41,500 at 5.42%$233.55
41,500 at 5.43%$233.81
41,500 at 5.44%$234.07
41,500 at 5.45%$234.33
41,500 at 5.46%$234.59
41,500 at 5.47%$234.85
41,500 at 5.48%$235.11
41,500 at 5.49%$235.37
41,500 at 5.5%$235.63
41,500 at 5.51%$235.89
41,500 at 5.52%$236.15
41,500 at 5.53%$236.41
41,500 at 5.54%$236.67
41,500 at 5.55%$236.94
41,500 at 5.56%$237.20
41,500 at 5.57%$237.46
41,500 at 5.58%$237.72
41,500 at 5.59%$237.98
41,500 at 5.6%$238.24
41,500 at 5.61%$238.50
41,500 at 5.62%$238.77
41,500 at 5.63%$239.03
41,500 at 5.64%$239.29
41,500 at 5.65%$239.55
41,500 at 5.66%$239.82
41,500 at 5.67%$240.08
41,500 at 5.68%$240.34
41,500 at 5.69%$240.60
41,500 at 5.7%$240.87
41,500 at 5.71%$241.13
41,500 at 5.72%$241.39
41,500 at 5.73%$241.66
41,500 at 5.74%$241.92
41,500 at 5.75%$242.18
41,500 at 5.76%$242.45
41,500 at 5.77%$242.71
41,500 at 5.78%$242.97
41,500 at 5.79%$243.24
41,500 at 5.8%$243.50
41,500 at 5.81%$243.77
41,500 at 5.82%$244.03
41,500 at 5.83%$244.30
41,500 at 5.84%$244.56
41,500 at 5.85%$244.83
41,500 at 5.86%$245.09
41,500 at 5.87%$245.36
41,500 at 5.88%$245.62
41,500 at 5.89%$245.89
41,500 at 5.9%$246.15
41,500 at 5.91%$246.42
41,500 at 5.92%$246.68
41,500 at 5.93%$246.95
41,500 at 5.94%$247.21
41,500 at 5.95%$247.48
41,500 at 5.96%$247.75
41,500 at 5.97%$248.01
41,500 at 5.98%$248.28
41,500 at 5.99%$248.55
41,500 at 6%$248.81
41,500 at 6.01%$249.08
41,500 at 6.02%$249.35
41,500 at 6.03%$249.61
41,500 at 6.04%$249.88
41,500 at 6.05%$250.15
41,500 at 6.06%$250.42
41,500 at 6.07%$250.68
41,500 at 6.08%$250.95
41,500 at 6.09%$251.22
41,500 at 6.1%$251.49
41,500 at 6.11%$251.76
41,500 at 6.12%$252.02
41,500 at 6.13%$252.29
41,500 at 6.14%$252.56
41,500 at 6.15%$252.83
41,500 at 6.16%$253.10
41,500 at 6.17%$253.37
41,500 at 6.18%$253.64
41,500 at 6.19%$253.91
41,500 at 6.2%$254.17
41,500 at 6.21%$254.44
41,500 at 6.22%$254.71
41,500 at 6.23%$254.98
41,500 at 6.24%$255.25
41,500 at 6.25%$255.52
41,500 at 6.26%$255.79
41,500 at 6.27%$256.06
41,500 at 6.28%$256.33
41,500 at 6.29%$256.60
41,500 at 6.3%$256.87
41,500 at 6.31%$257.14
41,500 at 6.32%$257.41
41,500 at 6.33%$257.69
41,500 at 6.34%$257.96
41,500 at 6.35%$258.23
41,500 at 6.36%$258.50
41,500 at 6.37%$258.77
41,500 at 6.38%$259.04
41,500 at 6.39%$259.31
41,500 at 6.4%$259.58
41,500 at 6.41%$259.86
41,500 at 6.42%$260.13
41,500 at 6.43%$260.40
41,500 at 6.44%$260.67
41,500 at 6.45%$260.95
41,500 at 6.46%$261.22
41,500 at 6.47%$261.49
41,500 at 6.48%$261.76
41,500 at 6.49%$262.04
41,500 at 6.5%$262.31
Interest Rate 30 Year
41,500 at 6.51%$262.58
41,500 at 6.52%$262.85
41,500 at 6.53%$263.13
41,500 at 6.54%$263.40
41,500 at 6.55%$263.67
41,500 at 6.56%$263.95
41,500 at 6.57%$264.22
41,500 at 6.58%$264.50
41,500 at 6.59%$264.77
41,500 at 6.6%$265.04
41,500 at 6.61%$265.32
41,500 at 6.62%$265.59
41,500 at 6.63%$265.87
41,500 at 6.64%$266.14
41,500 at 6.65%$266.42
41,500 at 6.66%$266.69
41,500 at 6.67%$266.97
41,500 at 6.68%$267.24
41,500 at 6.69%$267.52
41,500 at 6.7%$267.79
41,500 at 6.71%$268.07
41,500 at 6.72%$268.34
41,500 at 6.73%$268.62
41,500 at 6.74%$268.89
41,500 at 6.75%$269.17
41,500 at 6.76%$269.44
41,500 at 6.77%$269.72
41,500 at 6.78%$270.00
41,500 at 6.79%$270.27
41,500 at 6.8%$270.55
41,500 at 6.81%$270.83
41,500 at 6.82%$271.10
41,500 at 6.83%$271.38
41,500 at 6.84%$271.66
41,500 at 6.85%$271.93
41,500 at 6.86%$272.21
41,500 at 6.87%$272.49
41,500 at 6.88%$272.76
41,500 at 6.89%$273.04
41,500 at 6.9%$273.32
41,500 at 6.91%$273.60
41,500 at 6.92%$273.87
41,500 at 6.93%$274.15
41,500 at 6.94%$274.43
41,500 at 6.95%$274.71
41,500 at 6.96%$274.99
41,500 at 6.97%$275.26
41,500 at 6.98%$275.54
41,500 at 6.99%$275.82
41,500 at 7%$276.10
41,500 at 7.01%$276.38
41,500 at 7.02%$276.66
41,500 at 7.03%$276.94
41,500 at 7.04%$277.22
41,500 at 7.05%$277.50
41,500 at 7.06%$277.77
41,500 at 7.07%$278.05
41,500 at 7.08%$278.33
41,500 at 7.09%$278.61
41,500 at 7.1%$278.89
41,500 at 7.11%$279.17
41,500 at 7.12%$279.45
41,500 at 7.13%$279.73
41,500 at 7.14%$280.01
41,500 at 7.15%$280.29
41,500 at 7.16%$280.57
41,500 at 7.17%$280.85
41,500 at 7.18%$281.14
41,500 at 7.19%$281.42
41,500 at 7.2%$281.70
41,500 at 7.21%$281.98
41,500 at 7.22%$282.26
41,500 at 7.23%$282.54
41,500 at 7.24%$282.82
41,500 at 7.25%$283.10
41,500 at 7.26%$283.38
41,500 at 7.27%$283.67
41,500 at 7.28%$283.95
41,500 at 7.29%$284.23
41,500 at 7.3%$284.51
41,500 at 7.31%$284.79
41,500 at 7.32%$285.08
41,500 at 7.33%$285.36
41,500 at 7.34%$285.64
41,500 at 7.35%$285.92
41,500 at 7.36%$286.21
41,500 at 7.37%$286.49
41,500 at 7.38%$286.77
41,500 at 7.39%$287.05
41,500 at 7.4%$287.34
41,500 at 7.41%$287.62
41,500 at 7.42%$287.90
41,500 at 7.43%$288.19
41,500 at 7.44%$288.47
41,500 at 7.45%$288.75
41,500 at 7.46%$289.04
41,500 at 7.47%$289.32
41,500 at 7.48%$289.61
41,500 at 7.49%$289.89
41,500 at 7.5%$290.17
41,500 at 7.51%$290.46
41,500 at 7.52%$290.74
41,500 at 7.53%$291.03
41,500 at 7.54%$291.31
41,500 at 7.55%$291.60
41,500 at 7.56%$291.88
41,500 at 7.57%$292.17
41,500 at 7.58%$292.45
41,500 at 7.59%$292.74
41,500 at 7.6%$293.02
41,500 at 7.61%$293.31
41,500 at 7.62%$293.59
41,500 at 7.63%$293.88
41,500 at 7.64%$294.16
41,500 at 7.65%$294.45
41,500 at 7.66%$294.73
41,500 at 7.67%$295.02
41,500 at 7.68%$295.31
41,500 at 7.69%$295.59
41,500 at 7.7%$295.88
41,500 at 7.71%$296.16
41,500 at 7.72%$296.45
41,500 at 7.73%$296.74
41,500 at 7.74%$297.02
41,500 at 7.75%$297.31
41,500 at 7.76%$297.60
41,500 at 7.77%$297.88
41,500 at 7.78%$298.17
41,500 at 7.79%$298.46
41,500 at 7.8%$298.75
41,500 at 7.81%$299.03
41,500 at 7.82%$299.32
41,500 at 7.83%$299.61
41,500 at 7.84%$299.90
41,500 at 7.85%$300.18
41,500 at 7.86%$300.47
41,500 at 7.87%$300.76
41,500 at 7.88%$301.05
41,500 at 7.89%$301.34
41,500 at 7.9%$301.62
41,500 at 7.91%$301.91
41,500 at 7.92%$302.20
41,500 at 7.93%$302.49
41,500 at 7.94%$302.78
41,500 at 7.95%$303.07
41,500 at 7.96%$303.36
41,500 at 7.97%$303.64
41,500 at 7.98%$303.93
41,500 at 7.99%$304.22
41,500 at 8%$304.51
More Amounts
What is the down payment for a $41,500 house? How much do you need to put down?
Percent Down Down Payment
1%415
2%830
3%1,245
4%1,660
5%2,075
6%2,490
7%2,905
8%3,320
9%3,735
10%4,150
11%4,565
12%4,980
13%5,395
14%5,810
15%6,225
16%6,640
17%7,055
18%7,470
19%7,885
20%8,300
Percent Down Down Payment
21%8,715
22%9,130
23%9,545
24%9,960
25%10,375
26%10,790
27%11,205
28%11,620
29%12,035
30%12,450
31%12,865
32%13,280
33%13,695
34%14,110
35%14,525
36%14,940
37%15,355
38%15,770
39%16,185
40%16,600
Percent Down Down Payment
41%17,015
42%17,430
43%17,845
44%18,260
45%18,675
46%19,090
47%19,505
48%19,920
49%20,335
50%20,750
51%21,165
52%21,580
53%21,995
54%22,410
55%22,825
56%23,240
57%23,655
58%24,070
59%24,485
60%24,900
Percent Down Down Payment
61%25,315
62%25,730
63%26,145
64%26,560
65%26,975
66%27,390
67%27,805
68%28,220
69%28,635
70%29,050
71%29,465
72%29,880
73%30,295
74%30,710
75%31,125
76%31,540
77%31,955
78%32,370
79%32,785
80%33,200
Percent Down Down Payment
81%33,615
82%34,030
83%34,445
84%34,860
85%35,275
86%35,690
87%36,105
88%36,520
89%36,935
90%37,350
91%37,765
92%38,180
93%38,595
94%39,010
95%39,425
96%39,840
97%40,255
98%40,670
99%41,085
100%41,500
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.