$41,700 Mortgage for 30 Years

What is the monthly payment of a 41,700 dollar loan?
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Loan Tables for a $41,700 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 $41,700 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
41,700 at 2.01%$154.34
41,700 at 2.02%$154.55
41,700 at 2.03%$154.76
41,700 at 2.04%$154.97
41,700 at 2.05%$155.18
41,700 at 2.06%$155.39
41,700 at 2.07%$155.60
41,700 at 2.08%$155.80
41,700 at 2.09%$156.01
41,700 at 2.1%$156.22
41,700 at 2.11%$156.44
41,700 at 2.12%$156.65
41,700 at 2.13%$156.86
41,700 at 2.14%$157.07
41,700 at 2.15%$157.28
41,700 at 2.16%$157.49
41,700 at 2.17%$157.70
41,700 at 2.18%$157.91
41,700 at 2.19%$158.12
41,700 at 2.2%$158.34
41,700 at 2.21%$158.55
41,700 at 2.22%$158.76
41,700 at 2.23%$158.97
41,700 at 2.24%$159.18
41,700 at 2.25%$159.40
41,700 at 2.26%$159.61
41,700 at 2.27%$159.82
41,700 at 2.28%$160.04
41,700 at 2.29%$160.25
41,700 at 2.3%$160.46
41,700 at 2.31%$160.68
41,700 at 2.32%$160.89
41,700 at 2.33%$161.10
41,700 at 2.34%$161.32
41,700 at 2.35%$161.53
41,700 at 2.36%$161.75
41,700 at 2.37%$161.96
41,700 at 2.38%$162.18
41,700 at 2.39%$162.39
41,700 at 2.4%$162.61
41,700 at 2.41%$162.82
41,700 at 2.42%$163.04
41,700 at 2.43%$163.25
41,700 at 2.44%$163.47
41,700 at 2.45%$163.68
41,700 at 2.46%$163.90
41,700 at 2.47%$164.12
41,700 at 2.48%$164.33
41,700 at 2.49%$164.55
41,700 at 2.5%$164.77
41,700 at 2.51%$164.98
41,700 at 2.52%$165.20
41,700 at 2.53%$165.42
41,700 at 2.54%$165.63
41,700 at 2.55%$165.85
41,700 at 2.56%$166.07
41,700 at 2.57%$166.29
41,700 at 2.58%$166.51
41,700 at 2.59%$166.72
41,700 at 2.6%$166.94
41,700 at 2.61%$167.16
41,700 at 2.62%$167.38
41,700 at 2.63%$167.60
41,700 at 2.64%$167.82
41,700 at 2.65%$168.04
41,700 at 2.66%$168.26
41,700 at 2.67%$168.47
41,700 at 2.68%$168.69
41,700 at 2.69%$168.91
41,700 at 2.7%$169.13
41,700 at 2.71%$169.35
41,700 at 2.72%$169.57
41,700 at 2.73%$169.80
41,700 at 2.74%$170.02
41,700 at 2.75%$170.24
41,700 at 2.76%$170.46
41,700 at 2.77%$170.68
41,700 at 2.78%$170.90
41,700 at 2.79%$171.12
41,700 at 2.8%$171.34
41,700 at 2.81%$171.56
41,700 at 2.82%$171.79
41,700 at 2.83%$172.01
41,700 at 2.84%$172.23
41,700 at 2.85%$172.45
41,700 at 2.86%$172.68
41,700 at 2.87%$172.90
41,700 at 2.88%$173.12
41,700 at 2.89%$173.34
41,700 at 2.9%$173.57
41,700 at 2.91%$173.79
41,700 at 2.92%$174.01
41,700 at 2.93%$174.24
41,700 at 2.94%$174.46
41,700 at 2.95%$174.69
41,700 at 2.96%$174.91
41,700 at 2.97%$175.13
41,700 at 2.98%$175.36
41,700 at 2.99%$175.58
41,700 at 3%$175.81
41,700 at 3.01%$176.03
41,700 at 3.02%$176.26
41,700 at 3.03%$176.48
41,700 at 3.04%$176.71
41,700 at 3.05%$176.94
41,700 at 3.06%$177.16
41,700 at 3.07%$177.39
41,700 at 3.08%$177.61
41,700 at 3.09%$177.84
41,700 at 3.1%$178.07
41,700 at 3.11%$178.29
41,700 at 3.12%$178.52
41,700 at 3.13%$178.75
41,700 at 3.14%$178.97
41,700 at 3.15%$179.20
41,700 at 3.16%$179.43
41,700 at 3.17%$179.66
41,700 at 3.18%$179.88
41,700 at 3.19%$180.11
41,700 at 3.2%$180.34
41,700 at 3.21%$180.57
41,700 at 3.22%$180.80
41,700 at 3.23%$181.02
41,700 at 3.24%$181.25
41,700 at 3.25%$181.48
41,700 at 3.26%$181.71
41,700 at 3.27%$181.94
41,700 at 3.28%$182.17
41,700 at 3.29%$182.40
41,700 at 3.3%$182.63
41,700 at 3.31%$182.86
41,700 at 3.32%$183.09
41,700 at 3.33%$183.32
41,700 at 3.34%$183.55
41,700 at 3.35%$183.78
41,700 at 3.36%$184.01
41,700 at 3.37%$184.24
41,700 at 3.38%$184.47
41,700 at 3.39%$184.70
41,700 at 3.4%$184.93
41,700 at 3.41%$185.16
41,700 at 3.42%$185.39
41,700 at 3.43%$185.63
41,700 at 3.44%$185.86
41,700 at 3.45%$186.09
41,700 at 3.46%$186.32
41,700 at 3.47%$186.55
41,700 at 3.48%$186.79
41,700 at 3.49%$187.02
41,700 at 3.5%$187.25
Interest Rate 30 Year
41,700 at 3.51%$187.48
41,700 at 3.52%$187.72
41,700 at 3.53%$187.95
41,700 at 3.54%$188.18
41,700 at 3.55%$188.42
41,700 at 3.56%$188.65
41,700 at 3.57%$188.88
41,700 at 3.58%$189.12
41,700 at 3.59%$189.35
41,700 at 3.6%$189.59
41,700 at 3.61%$189.82
41,700 at 3.62%$190.06
41,700 at 3.63%$190.29
41,700 at 3.64%$190.53
41,700 at 3.65%$190.76
41,700 at 3.66%$191.00
41,700 at 3.67%$191.23
41,700 at 3.68%$191.47
41,700 at 3.69%$191.70
41,700 at 3.7%$191.94
41,700 at 3.71%$192.17
41,700 at 3.72%$192.41
41,700 at 3.73%$192.65
41,700 at 3.74%$192.88
41,700 at 3.75%$193.12
41,700 at 3.76%$193.36
41,700 at 3.77%$193.59
41,700 at 3.78%$193.83
41,700 at 3.79%$194.07
41,700 at 3.8%$194.30
41,700 at 3.81%$194.54
41,700 at 3.82%$194.78
41,700 at 3.83%$195.02
41,700 at 3.84%$195.25
41,700 at 3.85%$195.49
41,700 at 3.86%$195.73
41,700 at 3.87%$195.97
41,700 at 3.88%$196.21
41,700 at 3.89%$196.45
41,700 at 3.9%$196.69
41,700 at 3.91%$196.92
41,700 at 3.92%$197.16
41,700 at 3.93%$197.40
41,700 at 3.94%$197.64
41,700 at 3.95%$197.88
41,700 at 3.96%$198.12
41,700 at 3.97%$198.36
41,700 at 3.98%$198.60
41,700 at 3.99%$198.84
41,700 at 4%$199.08
41,700 at 4.01%$199.32
41,700 at 4.02%$199.56
41,700 at 4.03%$199.80
41,700 at 4.04%$200.05
41,700 at 4.05%$200.29
41,700 at 4.06%$200.53
41,700 at 4.07%$200.77
41,700 at 4.08%$201.01
41,700 at 4.09%$201.25
41,700 at 4.1%$201.49
41,700 at 4.11%$201.74
41,700 at 4.12%$201.98
41,700 at 4.13%$202.22
41,700 at 4.14%$202.46
41,700 at 4.15%$202.71
41,700 at 4.16%$202.95
41,700 at 4.17%$203.19
41,700 at 4.18%$203.43
41,700 at 4.19%$203.68
41,700 at 4.2%$203.92
41,700 at 4.21%$204.16
41,700 at 4.22%$204.41
41,700 at 4.23%$204.65
41,700 at 4.24%$204.89
41,700 at 4.25%$205.14
41,700 at 4.26%$205.38
41,700 at 4.27%$205.63
41,700 at 4.28%$205.87
41,700 at 4.29%$206.12
41,700 at 4.3%$206.36
41,700 at 4.31%$206.61
41,700 at 4.32%$206.85
41,700 at 4.33%$207.10
41,700 at 4.34%$207.34
41,700 at 4.35%$207.59
41,700 at 4.36%$207.83
41,700 at 4.37%$208.08
41,700 at 4.38%$208.32
41,700 at 4.39%$208.57
41,700 at 4.4%$208.82
41,700 at 4.41%$209.06
41,700 at 4.42%$209.31
41,700 at 4.43%$209.56
41,700 at 4.44%$209.80
41,700 at 4.45%$210.05
41,700 at 4.46%$210.30
41,700 at 4.47%$210.55
41,700 at 4.48%$210.79
41,700 at 4.49%$211.04
41,700 at 4.5%$211.29
41,700 at 4.51%$211.54
41,700 at 4.52%$211.78
41,700 at 4.53%$212.03
41,700 at 4.54%$212.28
41,700 at 4.55%$212.53
41,700 at 4.56%$212.78
41,700 at 4.57%$213.03
41,700 at 4.58%$213.27
41,700 at 4.59%$213.52
41,700 at 4.6%$213.77
41,700 at 4.61%$214.02
41,700 at 4.62%$214.27
41,700 at 4.63%$214.52
41,700 at 4.64%$214.77
41,700 at 4.65%$215.02
41,700 at 4.66%$215.27
41,700 at 4.67%$215.52
41,700 at 4.68%$215.77
41,700 at 4.69%$216.02
41,700 at 4.7%$216.27
41,700 at 4.71%$216.52
41,700 at 4.72%$216.77
41,700 at 4.73%$217.02
41,700 at 4.74%$217.28
41,700 at 4.75%$217.53
41,700 at 4.76%$217.78
41,700 at 4.77%$218.03
41,700 at 4.78%$218.28
41,700 at 4.79%$218.53
41,700 at 4.8%$218.79
41,700 at 4.81%$219.04
41,700 at 4.82%$219.29
41,700 at 4.83%$219.54
41,700 at 4.84%$219.79
41,700 at 4.85%$220.05
41,700 at 4.86%$220.30
41,700 at 4.87%$220.55
41,700 at 4.88%$220.81
41,700 at 4.89%$221.06
41,700 at 4.9%$221.31
41,700 at 4.91%$221.57
41,700 at 4.92%$221.82
41,700 at 4.93%$222.07
41,700 at 4.94%$222.33
41,700 at 4.95%$222.58
41,700 at 4.96%$222.84
41,700 at 4.97%$223.09
41,700 at 4.98%$223.35
41,700 at 4.99%$223.60
41,700 at 5%$223.85
Interest Rate 30 Year
41,700 at 5.01%$224.11
41,700 at 5.02%$224.36
41,700 at 5.03%$224.62
41,700 at 5.04%$224.88
41,700 at 5.05%$225.13
41,700 at 5.06%$225.39
41,700 at 5.07%$225.64
41,700 at 5.08%$225.90
41,700 at 5.09%$226.15
41,700 at 5.1%$226.41
41,700 at 5.11%$226.67
41,700 at 5.12%$226.92
41,700 at 5.13%$227.18
41,700 at 5.14%$227.44
41,700 at 5.15%$227.69
41,700 at 5.16%$227.95
41,700 at 5.17%$228.21
41,700 at 5.18%$228.46
41,700 at 5.19%$228.72
41,700 at 5.2%$228.98
41,700 at 5.21%$229.24
41,700 at 5.22%$229.49
41,700 at 5.23%$229.75
41,700 at 5.24%$230.01
41,700 at 5.25%$230.27
41,700 at 5.26%$230.53
41,700 at 5.27%$230.79
41,700 at 5.28%$231.04
41,700 at 5.29%$231.30
41,700 at 5.3%$231.56
41,700 at 5.31%$231.82
41,700 at 5.32%$232.08
41,700 at 5.33%$232.34
41,700 at 5.34%$232.60
41,700 at 5.35%$232.86
41,700 at 5.36%$233.12
41,700 at 5.37%$233.38
41,700 at 5.38%$233.64
41,700 at 5.39%$233.90
41,700 at 5.4%$234.16
41,700 at 5.41%$234.42
41,700 at 5.42%$234.68
41,700 at 5.43%$234.94
41,700 at 5.44%$235.20
41,700 at 5.45%$235.46
41,700 at 5.46%$235.72
41,700 at 5.47%$235.98
41,700 at 5.48%$236.25
41,700 at 5.49%$236.51
41,700 at 5.5%$236.77
41,700 at 5.51%$237.03
41,700 at 5.52%$237.29
41,700 at 5.53%$237.55
41,700 at 5.54%$237.82
41,700 at 5.55%$238.08
41,700 at 5.56%$238.34
41,700 at 5.57%$238.60
41,700 at 5.58%$238.87
41,700 at 5.59%$239.13
41,700 at 5.6%$239.39
41,700 at 5.61%$239.65
41,700 at 5.62%$239.92
41,700 at 5.63%$240.18
41,700 at 5.64%$240.44
41,700 at 5.65%$240.71
41,700 at 5.66%$240.97
41,700 at 5.67%$241.23
41,700 at 5.68%$241.50
41,700 at 5.69%$241.76
41,700 at 5.7%$242.03
41,700 at 5.71%$242.29
41,700 at 5.72%$242.56
41,700 at 5.73%$242.82
41,700 at 5.74%$243.09
41,700 at 5.75%$243.35
41,700 at 5.76%$243.61
41,700 at 5.77%$243.88
41,700 at 5.78%$244.15
41,700 at 5.79%$244.41
41,700 at 5.8%$244.68
41,700 at 5.81%$244.94
41,700 at 5.82%$245.21
41,700 at 5.83%$245.47
41,700 at 5.84%$245.74
41,700 at 5.85%$246.01
41,700 at 5.86%$246.27
41,700 at 5.87%$246.54
41,700 at 5.88%$246.80
41,700 at 5.89%$247.07
41,700 at 5.9%$247.34
41,700 at 5.91%$247.60
41,700 at 5.92%$247.87
41,700 at 5.93%$248.14
41,700 at 5.94%$248.41
41,700 at 5.95%$248.67
41,700 at 5.96%$248.94
41,700 at 5.97%$249.21
41,700 at 5.98%$249.48
41,700 at 5.99%$249.74
41,700 at 6%$250.01
41,700 at 6.01%$250.28
41,700 at 6.02%$250.55
41,700 at 6.03%$250.82
41,700 at 6.04%$251.09
41,700 at 6.05%$251.35
41,700 at 6.06%$251.62
41,700 at 6.07%$251.89
41,700 at 6.08%$252.16
41,700 at 6.09%$252.43
41,700 at 6.1%$252.70
41,700 at 6.11%$252.97
41,700 at 6.12%$253.24
41,700 at 6.13%$253.51
41,700 at 6.14%$253.78
41,700 at 6.15%$254.05
41,700 at 6.16%$254.32
41,700 at 6.17%$254.59
41,700 at 6.18%$254.86
41,700 at 6.19%$255.13
41,700 at 6.2%$255.40
41,700 at 6.21%$255.67
41,700 at 6.22%$255.94
41,700 at 6.23%$256.21
41,700 at 6.24%$256.48
41,700 at 6.25%$256.75
41,700 at 6.26%$257.03
41,700 at 6.27%$257.30
41,700 at 6.28%$257.57
41,700 at 6.29%$257.84
41,700 at 6.3%$258.11
41,700 at 6.31%$258.38
41,700 at 6.32%$258.66
41,700 at 6.33%$258.93
41,700 at 6.34%$259.20
41,700 at 6.35%$259.47
41,700 at 6.36%$259.74
41,700 at 6.37%$260.02
41,700 at 6.38%$260.29
41,700 at 6.39%$260.56
41,700 at 6.4%$260.84
41,700 at 6.41%$261.11
41,700 at 6.42%$261.38
41,700 at 6.43%$261.66
41,700 at 6.44%$261.93
41,700 at 6.45%$262.20
41,700 at 6.46%$262.48
41,700 at 6.47%$262.75
41,700 at 6.48%$263.02
41,700 at 6.49%$263.30
41,700 at 6.5%$263.57
Interest Rate 30 Year
41,700 at 6.51%$263.85
41,700 at 6.52%$264.12
41,700 at 6.53%$264.40
41,700 at 6.54%$264.67
41,700 at 6.55%$264.95
41,700 at 6.56%$265.22
41,700 at 6.57%$265.49
41,700 at 6.58%$265.77
41,700 at 6.59%$266.05
41,700 at 6.6%$266.32
41,700 at 6.61%$266.60
41,700 at 6.62%$266.87
41,700 at 6.63%$267.15
41,700 at 6.64%$267.42
41,700 at 6.65%$267.70
41,700 at 6.66%$267.98
41,700 at 6.67%$268.25
41,700 at 6.68%$268.53
41,700 at 6.69%$268.80
41,700 at 6.7%$269.08
41,700 at 6.71%$269.36
41,700 at 6.72%$269.63
41,700 at 6.73%$269.91
41,700 at 6.74%$270.19
41,700 at 6.75%$270.47
41,700 at 6.76%$270.74
41,700 at 6.77%$271.02
41,700 at 6.78%$271.30
41,700 at 6.79%$271.58
41,700 at 6.8%$271.85
41,700 at 6.81%$272.13
41,700 at 6.82%$272.41
41,700 at 6.83%$272.69
41,700 at 6.84%$272.96
41,700 at 6.85%$273.24
41,700 at 6.86%$273.52
41,700 at 6.87%$273.80
41,700 at 6.88%$274.08
41,700 at 6.89%$274.36
41,700 at 6.9%$274.64
41,700 at 6.91%$274.92
41,700 at 6.92%$275.19
41,700 at 6.93%$275.47
41,700 at 6.94%$275.75
41,700 at 6.95%$276.03
41,700 at 6.96%$276.31
41,700 at 6.97%$276.59
41,700 at 6.98%$276.87
41,700 at 6.99%$277.15
41,700 at 7%$277.43
41,700 at 7.01%$277.71
41,700 at 7.02%$277.99
41,700 at 7.03%$278.27
41,700 at 7.04%$278.55
41,700 at 7.05%$278.83
41,700 at 7.06%$279.11
41,700 at 7.07%$279.39
41,700 at 7.08%$279.68
41,700 at 7.09%$279.96
41,700 at 7.1%$280.24
41,700 at 7.11%$280.52
41,700 at 7.12%$280.80
41,700 at 7.13%$281.08
41,700 at 7.14%$281.36
41,700 at 7.15%$281.64
41,700 at 7.16%$281.93
41,700 at 7.17%$282.21
41,700 at 7.18%$282.49
41,700 at 7.19%$282.77
41,700 at 7.2%$283.05
41,700 at 7.21%$283.34
41,700 at 7.22%$283.62
41,700 at 7.23%$283.90
41,700 at 7.24%$284.18
41,700 at 7.25%$284.47
41,700 at 7.26%$284.75
41,700 at 7.27%$285.03
41,700 at 7.28%$285.32
41,700 at 7.29%$285.60
41,700 at 7.3%$285.88
41,700 at 7.31%$286.17
41,700 at 7.32%$286.45
41,700 at 7.33%$286.73
41,700 at 7.34%$287.02
41,700 at 7.35%$287.30
41,700 at 7.36%$287.59
41,700 at 7.37%$287.87
41,700 at 7.38%$288.15
41,700 at 7.39%$288.44
41,700 at 7.4%$288.72
41,700 at 7.41%$289.01
41,700 at 7.42%$289.29
41,700 at 7.43%$289.58
41,700 at 7.44%$289.86
41,700 at 7.45%$290.15
41,700 at 7.46%$290.43
41,700 at 7.47%$290.72
41,700 at 7.48%$291.00
41,700 at 7.49%$291.29
41,700 at 7.5%$291.57
41,700 at 7.51%$291.86
41,700 at 7.52%$292.14
41,700 at 7.53%$292.43
41,700 at 7.54%$292.72
41,700 at 7.55%$293.00
41,700 at 7.56%$293.29
41,700 at 7.57%$293.57
41,700 at 7.58%$293.86
41,700 at 7.59%$294.15
41,700 at 7.6%$294.43
41,700 at 7.61%$294.72
41,700 at 7.62%$295.01
41,700 at 7.63%$295.29
41,700 at 7.64%$295.58
41,700 at 7.65%$295.87
41,700 at 7.66%$296.15
41,700 at 7.67%$296.44
41,700 at 7.68%$296.73
41,700 at 7.69%$297.02
41,700 at 7.7%$297.30
41,700 at 7.71%$297.59
41,700 at 7.72%$297.88
41,700 at 7.73%$298.17
41,700 at 7.74%$298.46
41,700 at 7.75%$298.74
41,700 at 7.76%$299.03
41,700 at 7.77%$299.32
41,700 at 7.78%$299.61
41,700 at 7.79%$299.90
41,700 at 7.8%$300.19
41,700 at 7.81%$300.47
41,700 at 7.82%$300.76
41,700 at 7.83%$301.05
41,700 at 7.84%$301.34
41,700 at 7.85%$301.63
41,700 at 7.86%$301.92
41,700 at 7.87%$302.21
41,700 at 7.88%$302.50
41,700 at 7.89%$302.79
41,700 at 7.9%$303.08
41,700 at 7.91%$303.37
41,700 at 7.92%$303.66
41,700 at 7.93%$303.95
41,700 at 7.94%$304.24
41,700 at 7.95%$304.53
41,700 at 7.96%$304.82
41,700 at 7.97%$305.11
41,700 at 7.98%$305.40
41,700 at 7.99%$305.69
41,700 at 8%$305.98
More Amounts
What is the down payment for a $41,700 house? How much do you need to put down?
Percent Down Down Payment
1%417
2%834
3%1,251
4%1,668
5%2,085
6%2,502
7%2,919
8%3,336
9%3,753
10%4,170
11%4,587
12%5,004
13%5,421
14%5,838
15%6,255
16%6,672
17%7,089
18%7,506
19%7,923
20%8,340
Percent Down Down Payment
21%8,757
22%9,174
23%9,591
24%10,008
25%10,425
26%10,842
27%11,259
28%11,676
29%12,093
30%12,510
31%12,927
32%13,344
33%13,761
34%14,178
35%14,595
36%15,012
37%15,429
38%15,846
39%16,263
40%16,680
Percent Down Down Payment
41%17,097
42%17,514
43%17,931
44%18,348
45%18,765
46%19,182
47%19,599
48%20,016
49%20,433
50%20,850
51%21,267
52%21,684
53%22,101
54%22,518
55%22,935
56%23,352
57%23,769
58%24,186
59%24,603
60%25,020
Percent Down Down Payment
61%25,437
62%25,854
63%26,271
64%26,688
65%27,105
66%27,522
67%27,939
68%28,356
69%28,773
70%29,190
71%29,607
72%30,024
73%30,441
74%30,858
75%31,275
76%31,692
77%32,109
78%32,526
79%32,943
80%33,360
Percent Down Down Payment
81%33,777
82%34,194
83%34,611
84%35,028
85%35,445
86%35,862
87%36,279
88%36,696
89%37,113
90%37,530
91%37,947
92%38,364
93%38,781
94%39,198
95%39,615
96%40,032
97%40,449
98%40,866
99%41,283
100%41,700
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.