$41,900 Mortgage for 30 Years

What is the monthly payment of a 41,900 dollar loan?
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Loan Tables for a $41,900 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 $41,900 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
41,900 at 2.01%$155.08
41,900 at 2.02%$155.29
41,900 at 2.03%$155.50
41,900 at 2.04%$155.71
41,900 at 2.05%$155.92
41,900 at 2.06%$156.13
41,900 at 2.07%$156.34
41,900 at 2.08%$156.55
41,900 at 2.09%$156.76
41,900 at 2.1%$156.97
41,900 at 2.11%$157.19
41,900 at 2.12%$157.40
41,900 at 2.13%$157.61
41,900 at 2.14%$157.82
41,900 at 2.15%$158.03
41,900 at 2.16%$158.24
41,900 at 2.17%$158.46
41,900 at 2.18%$158.67
41,900 at 2.19%$158.88
41,900 at 2.2%$159.09
41,900 at 2.21%$159.31
41,900 at 2.22%$159.52
41,900 at 2.23%$159.73
41,900 at 2.24%$159.95
41,900 at 2.25%$160.16
41,900 at 2.26%$160.37
41,900 at 2.27%$160.59
41,900 at 2.28%$160.80
41,900 at 2.29%$161.02
41,900 at 2.3%$161.23
41,900 at 2.31%$161.45
41,900 at 2.32%$161.66
41,900 at 2.33%$161.88
41,900 at 2.34%$162.09
41,900 at 2.35%$162.31
41,900 at 2.36%$162.52
41,900 at 2.37%$162.74
41,900 at 2.38%$162.95
41,900 at 2.39%$163.17
41,900 at 2.4%$163.39
41,900 at 2.41%$163.60
41,900 at 2.42%$163.82
41,900 at 2.43%$164.03
41,900 at 2.44%$164.25
41,900 at 2.45%$164.47
41,900 at 2.46%$164.69
41,900 at 2.47%$164.90
41,900 at 2.48%$165.12
41,900 at 2.49%$165.34
41,900 at 2.5%$165.56
41,900 at 2.51%$165.77
41,900 at 2.52%$165.99
41,900 at 2.53%$166.21
41,900 at 2.54%$166.43
41,900 at 2.55%$166.65
41,900 at 2.56%$166.87
41,900 at 2.57%$167.08
41,900 at 2.58%$167.30
41,900 at 2.59%$167.52
41,900 at 2.6%$167.74
41,900 at 2.61%$167.96
41,900 at 2.62%$168.18
41,900 at 2.63%$168.40
41,900 at 2.64%$168.62
41,900 at 2.65%$168.84
41,900 at 2.66%$169.06
41,900 at 2.67%$169.28
41,900 at 2.68%$169.50
41,900 at 2.69%$169.72
41,900 at 2.7%$169.95
41,900 at 2.71%$170.17
41,900 at 2.72%$170.39
41,900 at 2.73%$170.61
41,900 at 2.74%$170.83
41,900 at 2.75%$171.05
41,900 at 2.76%$171.28
41,900 at 2.77%$171.50
41,900 at 2.78%$171.72
41,900 at 2.79%$171.94
41,900 at 2.8%$172.16
41,900 at 2.81%$172.39
41,900 at 2.82%$172.61
41,900 at 2.83%$172.83
41,900 at 2.84%$173.06
41,900 at 2.85%$173.28
41,900 at 2.86%$173.50
41,900 at 2.87%$173.73
41,900 at 2.88%$173.95
41,900 at 2.89%$174.18
41,900 at 2.9%$174.40
41,900 at 2.91%$174.62
41,900 at 2.92%$174.85
41,900 at 2.93%$175.07
41,900 at 2.94%$175.30
41,900 at 2.95%$175.52
41,900 at 2.96%$175.75
41,900 at 2.97%$175.97
41,900 at 2.98%$176.20
41,900 at 2.99%$176.43
41,900 at 3%$176.65
41,900 at 3.01%$176.88
41,900 at 3.02%$177.10
41,900 at 3.03%$177.33
41,900 at 3.04%$177.56
41,900 at 3.05%$177.78
41,900 at 3.06%$178.01
41,900 at 3.07%$178.24
41,900 at 3.08%$178.47
41,900 at 3.09%$178.69
41,900 at 3.1%$178.92
41,900 at 3.11%$179.15
41,900 at 3.12%$179.38
41,900 at 3.13%$179.60
41,900 at 3.14%$179.83
41,900 at 3.15%$180.06
41,900 at 3.16%$180.29
41,900 at 3.17%$180.52
41,900 at 3.18%$180.75
41,900 at 3.19%$180.97
41,900 at 3.2%$181.20
41,900 at 3.21%$181.43
41,900 at 3.22%$181.66
41,900 at 3.23%$181.89
41,900 at 3.24%$182.12
41,900 at 3.25%$182.35
41,900 at 3.26%$182.58
41,900 at 3.27%$182.81
41,900 at 3.28%$183.04
41,900 at 3.29%$183.27
41,900 at 3.3%$183.50
41,900 at 3.31%$183.73
41,900 at 3.32%$183.97
41,900 at 3.33%$184.20
41,900 at 3.34%$184.43
41,900 at 3.35%$184.66
41,900 at 3.36%$184.89
41,900 at 3.37%$185.12
41,900 at 3.38%$185.35
41,900 at 3.39%$185.59
41,900 at 3.4%$185.82
41,900 at 3.41%$186.05
41,900 at 3.42%$186.28
41,900 at 3.43%$186.52
41,900 at 3.44%$186.75
41,900 at 3.45%$186.98
41,900 at 3.46%$187.22
41,900 at 3.47%$187.45
41,900 at 3.48%$187.68
41,900 at 3.49%$187.92
41,900 at 3.5%$188.15
Interest Rate 30 Year
41,900 at 3.51%$188.38
41,900 at 3.52%$188.62
41,900 at 3.53%$188.85
41,900 at 3.54%$189.09
41,900 at 3.55%$189.32
41,900 at 3.56%$189.56
41,900 at 3.57%$189.79
41,900 at 3.58%$190.03
41,900 at 3.59%$190.26
41,900 at 3.6%$190.50
41,900 at 3.61%$190.73
41,900 at 3.62%$190.97
41,900 at 3.63%$191.20
41,900 at 3.64%$191.44
41,900 at 3.65%$191.68
41,900 at 3.66%$191.91
41,900 at 3.67%$192.15
41,900 at 3.68%$192.38
41,900 at 3.69%$192.62
41,900 at 3.7%$192.86
41,900 at 3.71%$193.10
41,900 at 3.72%$193.33
41,900 at 3.73%$193.57
41,900 at 3.74%$193.81
41,900 at 3.75%$194.05
41,900 at 3.76%$194.28
41,900 at 3.77%$194.52
41,900 at 3.78%$194.76
41,900 at 3.79%$195.00
41,900 at 3.8%$195.24
41,900 at 3.81%$195.47
41,900 at 3.82%$195.71
41,900 at 3.83%$195.95
41,900 at 3.84%$196.19
41,900 at 3.85%$196.43
41,900 at 3.86%$196.67
41,900 at 3.87%$196.91
41,900 at 3.88%$197.15
41,900 at 3.89%$197.39
41,900 at 3.9%$197.63
41,900 at 3.91%$197.87
41,900 at 3.92%$198.11
41,900 at 3.93%$198.35
41,900 at 3.94%$198.59
41,900 at 3.95%$198.83
41,900 at 3.96%$199.07
41,900 at 3.97%$199.31
41,900 at 3.98%$199.55
41,900 at 3.99%$199.80
41,900 at 4%$200.04
41,900 at 4.01%$200.28
41,900 at 4.02%$200.52
41,900 at 4.03%$200.76
41,900 at 4.04%$201.00
41,900 at 4.05%$201.25
41,900 at 4.06%$201.49
41,900 at 4.07%$201.73
41,900 at 4.08%$201.97
41,900 at 4.09%$202.22
41,900 at 4.1%$202.46
41,900 at 4.11%$202.70
41,900 at 4.12%$202.95
41,900 at 4.13%$203.19
41,900 at 4.14%$203.43
41,900 at 4.15%$203.68
41,900 at 4.16%$203.92
41,900 at 4.17%$204.17
41,900 at 4.18%$204.41
41,900 at 4.19%$204.65
41,900 at 4.2%$204.90
41,900 at 4.21%$205.14
41,900 at 4.22%$205.39
41,900 at 4.23%$205.63
41,900 at 4.24%$205.88
41,900 at 4.25%$206.12
41,900 at 4.26%$206.37
41,900 at 4.27%$206.61
41,900 at 4.28%$206.86
41,900 at 4.29%$207.11
41,900 at 4.3%$207.35
41,900 at 4.31%$207.60
41,900 at 4.32%$207.84
41,900 at 4.33%$208.09
41,900 at 4.34%$208.34
41,900 at 4.35%$208.58
41,900 at 4.36%$208.83
41,900 at 4.37%$209.08
41,900 at 4.38%$209.32
41,900 at 4.39%$209.57
41,900 at 4.4%$209.82
41,900 at 4.41%$210.07
41,900 at 4.42%$210.31
41,900 at 4.43%$210.56
41,900 at 4.44%$210.81
41,900 at 4.45%$211.06
41,900 at 4.46%$211.31
41,900 at 4.47%$211.55
41,900 at 4.48%$211.80
41,900 at 4.49%$212.05
41,900 at 4.5%$212.30
41,900 at 4.51%$212.55
41,900 at 4.52%$212.80
41,900 at 4.53%$213.05
41,900 at 4.54%$213.30
41,900 at 4.55%$213.55
41,900 at 4.56%$213.80
41,900 at 4.57%$214.05
41,900 at 4.58%$214.30
41,900 at 4.59%$214.55
41,900 at 4.6%$214.80
41,900 at 4.61%$215.05
41,900 at 4.62%$215.30
41,900 at 4.63%$215.55
41,900 at 4.64%$215.80
41,900 at 4.65%$216.05
41,900 at 4.66%$216.30
41,900 at 4.67%$216.55
41,900 at 4.68%$216.81
41,900 at 4.69%$217.06
41,900 at 4.7%$217.31
41,900 at 4.71%$217.56
41,900 at 4.72%$217.81
41,900 at 4.73%$218.07
41,900 at 4.74%$218.32
41,900 at 4.75%$218.57
41,900 at 4.76%$218.82
41,900 at 4.77%$219.08
41,900 at 4.78%$219.33
41,900 at 4.79%$219.58
41,900 at 4.8%$219.83
41,900 at 4.81%$220.09
41,900 at 4.82%$220.34
41,900 at 4.83%$220.60
41,900 at 4.84%$220.85
41,900 at 4.85%$221.10
41,900 at 4.86%$221.36
41,900 at 4.87%$221.61
41,900 at 4.88%$221.87
41,900 at 4.89%$222.12
41,900 at 4.9%$222.37
41,900 at 4.91%$222.63
41,900 at 4.92%$222.88
41,900 at 4.93%$223.14
41,900 at 4.94%$223.39
41,900 at 4.95%$223.65
41,900 at 4.96%$223.91
41,900 at 4.97%$224.16
41,900 at 4.98%$224.42
41,900 at 4.99%$224.67
41,900 at 5%$224.93
Interest Rate 30 Year
41,900 at 5.01%$225.18
41,900 at 5.02%$225.44
41,900 at 5.03%$225.70
41,900 at 5.04%$225.95
41,900 at 5.05%$226.21
41,900 at 5.06%$226.47
41,900 at 5.07%$226.72
41,900 at 5.08%$226.98
41,900 at 5.09%$227.24
41,900 at 5.1%$227.50
41,900 at 5.11%$227.75
41,900 at 5.12%$228.01
41,900 at 5.13%$228.27
41,900 at 5.14%$228.53
41,900 at 5.15%$228.78
41,900 at 5.16%$229.04
41,900 at 5.17%$229.30
41,900 at 5.18%$229.56
41,900 at 5.19%$229.82
41,900 at 5.2%$230.08
41,900 at 5.21%$230.34
41,900 at 5.22%$230.60
41,900 at 5.23%$230.85
41,900 at 5.24%$231.11
41,900 at 5.25%$231.37
41,900 at 5.26%$231.63
41,900 at 5.27%$231.89
41,900 at 5.28%$232.15
41,900 at 5.29%$232.41
41,900 at 5.3%$232.67
41,900 at 5.31%$232.93
41,900 at 5.32%$233.19
41,900 at 5.33%$233.45
41,900 at 5.34%$233.71
41,900 at 5.35%$233.98
41,900 at 5.36%$234.24
41,900 at 5.37%$234.50
41,900 at 5.38%$234.76
41,900 at 5.39%$235.02
41,900 at 5.4%$235.28
41,900 at 5.41%$235.54
41,900 at 5.42%$235.80
41,900 at 5.43%$236.07
41,900 at 5.44%$236.33
41,900 at 5.45%$236.59
41,900 at 5.46%$236.85
41,900 at 5.47%$237.12
41,900 at 5.48%$237.38
41,900 at 5.49%$237.64
41,900 at 5.5%$237.90
41,900 at 5.51%$238.17
41,900 at 5.52%$238.43
41,900 at 5.53%$238.69
41,900 at 5.54%$238.96
41,900 at 5.55%$239.22
41,900 at 5.56%$239.48
41,900 at 5.57%$239.75
41,900 at 5.58%$240.01
41,900 at 5.59%$240.27
41,900 at 5.6%$240.54
41,900 at 5.61%$240.80
41,900 at 5.62%$241.07
41,900 at 5.63%$241.33
41,900 at 5.64%$241.60
41,900 at 5.65%$241.86
41,900 at 5.66%$242.13
41,900 at 5.67%$242.39
41,900 at 5.68%$242.66
41,900 at 5.69%$242.92
41,900 at 5.7%$243.19
41,900 at 5.71%$243.45
41,900 at 5.72%$243.72
41,900 at 5.73%$243.98
41,900 at 5.74%$244.25
41,900 at 5.75%$244.52
41,900 at 5.76%$244.78
41,900 at 5.77%$245.05
41,900 at 5.78%$245.32
41,900 at 5.79%$245.58
41,900 at 5.8%$245.85
41,900 at 5.81%$246.12
41,900 at 5.82%$246.38
41,900 at 5.83%$246.65
41,900 at 5.84%$246.92
41,900 at 5.85%$247.19
41,900 at 5.86%$247.45
41,900 at 5.87%$247.72
41,900 at 5.88%$247.99
41,900 at 5.89%$248.26
41,900 at 5.9%$248.52
41,900 at 5.91%$248.79
41,900 at 5.92%$249.06
41,900 at 5.93%$249.33
41,900 at 5.94%$249.60
41,900 at 5.95%$249.87
41,900 at 5.96%$250.14
41,900 at 5.97%$250.40
41,900 at 5.98%$250.67
41,900 at 5.99%$250.94
41,900 at 6%$251.21
41,900 at 6.01%$251.48
41,900 at 6.02%$251.75
41,900 at 6.03%$252.02
41,900 at 6.04%$252.29
41,900 at 6.05%$252.56
41,900 at 6.06%$252.83
41,900 at 6.07%$253.10
41,900 at 6.08%$253.37
41,900 at 6.09%$253.64
41,900 at 6.1%$253.91
41,900 at 6.11%$254.18
41,900 at 6.12%$254.45
41,900 at 6.13%$254.72
41,900 at 6.14%$255.00
41,900 at 6.15%$255.27
41,900 at 6.16%$255.54
41,900 at 6.17%$255.81
41,900 at 6.18%$256.08
41,900 at 6.19%$256.35
41,900 at 6.2%$256.62
41,900 at 6.21%$256.90
41,900 at 6.22%$257.17
41,900 at 6.23%$257.44
41,900 at 6.24%$257.71
41,900 at 6.25%$257.99
41,900 at 6.26%$258.26
41,900 at 6.27%$258.53
41,900 at 6.28%$258.80
41,900 at 6.29%$259.08
41,900 at 6.3%$259.35
41,900 at 6.31%$259.62
41,900 at 6.32%$259.90
41,900 at 6.33%$260.17
41,900 at 6.34%$260.44
41,900 at 6.35%$260.72
41,900 at 6.36%$260.99
41,900 at 6.37%$261.26
41,900 at 6.38%$261.54
41,900 at 6.39%$261.81
41,900 at 6.4%$262.09
41,900 at 6.41%$262.36
41,900 at 6.42%$262.64
41,900 at 6.43%$262.91
41,900 at 6.44%$263.19
41,900 at 6.45%$263.46
41,900 at 6.46%$263.74
41,900 at 6.47%$264.01
41,900 at 6.48%$264.29
41,900 at 6.49%$264.56
41,900 at 6.5%$264.84
Interest Rate 30 Year
41,900 at 6.51%$265.11
41,900 at 6.52%$265.39
41,900 at 6.53%$265.66
41,900 at 6.54%$265.94
41,900 at 6.55%$266.22
41,900 at 6.56%$266.49
41,900 at 6.57%$266.77
41,900 at 6.58%$267.04
41,900 at 6.59%$267.32
41,900 at 6.6%$267.60
41,900 at 6.61%$267.87
41,900 at 6.62%$268.15
41,900 at 6.63%$268.43
41,900 at 6.64%$268.71
41,900 at 6.65%$268.98
41,900 at 6.66%$269.26
41,900 at 6.67%$269.54
41,900 at 6.68%$269.82
41,900 at 6.69%$270.09
41,900 at 6.7%$270.37
41,900 at 6.71%$270.65
41,900 at 6.72%$270.93
41,900 at 6.73%$271.21
41,900 at 6.74%$271.48
41,900 at 6.75%$271.76
41,900 at 6.76%$272.04
41,900 at 6.77%$272.32
41,900 at 6.78%$272.60
41,900 at 6.79%$272.88
41,900 at 6.8%$273.16
41,900 at 6.81%$273.44
41,900 at 6.82%$273.72
41,900 at 6.83%$273.99
41,900 at 6.84%$274.27
41,900 at 6.85%$274.55
41,900 at 6.86%$274.83
41,900 at 6.87%$275.11
41,900 at 6.88%$275.39
41,900 at 6.89%$275.67
41,900 at 6.9%$275.95
41,900 at 6.91%$276.23
41,900 at 6.92%$276.51
41,900 at 6.93%$276.79
41,900 at 6.94%$277.08
41,900 at 6.95%$277.36
41,900 at 6.96%$277.64
41,900 at 6.97%$277.92
41,900 at 6.98%$278.20
41,900 at 6.99%$278.48
41,900 at 7%$278.76
41,900 at 7.01%$279.04
41,900 at 7.02%$279.32
41,900 at 7.03%$279.61
41,900 at 7.04%$279.89
41,900 at 7.05%$280.17
41,900 at 7.06%$280.45
41,900 at 7.07%$280.73
41,900 at 7.08%$281.02
41,900 at 7.09%$281.30
41,900 at 7.1%$281.58
41,900 at 7.11%$281.86
41,900 at 7.12%$282.15
41,900 at 7.13%$282.43
41,900 at 7.14%$282.71
41,900 at 7.15%$283.00
41,900 at 7.16%$283.28
41,900 at 7.17%$283.56
41,900 at 7.18%$283.85
41,900 at 7.19%$284.13
41,900 at 7.2%$284.41
41,900 at 7.21%$284.70
41,900 at 7.22%$284.98
41,900 at 7.23%$285.26
41,900 at 7.24%$285.55
41,900 at 7.25%$285.83
41,900 at 7.26%$286.12
41,900 at 7.27%$286.40
41,900 at 7.28%$286.68
41,900 at 7.29%$286.97
41,900 at 7.3%$287.25
41,900 at 7.31%$287.54
41,900 at 7.32%$287.82
41,900 at 7.33%$288.11
41,900 at 7.34%$288.39
41,900 at 7.35%$288.68
41,900 at 7.36%$288.96
41,900 at 7.37%$289.25
41,900 at 7.38%$289.54
41,900 at 7.39%$289.82
41,900 at 7.4%$290.11
41,900 at 7.41%$290.39
41,900 at 7.42%$290.68
41,900 at 7.43%$290.97
41,900 at 7.44%$291.25
41,900 at 7.45%$291.54
41,900 at 7.46%$291.82
41,900 at 7.47%$292.11
41,900 at 7.48%$292.40
41,900 at 7.49%$292.68
41,900 at 7.5%$292.97
41,900 at 7.51%$293.26
41,900 at 7.52%$293.54
41,900 at 7.53%$293.83
41,900 at 7.54%$294.12
41,900 at 7.55%$294.41
41,900 at 7.56%$294.69
41,900 at 7.57%$294.98
41,900 at 7.58%$295.27
41,900 at 7.59%$295.56
41,900 at 7.6%$295.85
41,900 at 7.61%$296.13
41,900 at 7.62%$296.42
41,900 at 7.63%$296.71
41,900 at 7.64%$297.00
41,900 at 7.65%$297.29
41,900 at 7.66%$297.58
41,900 at 7.67%$297.86
41,900 at 7.68%$298.15
41,900 at 7.69%$298.44
41,900 at 7.7%$298.73
41,900 at 7.71%$299.02
41,900 at 7.72%$299.31
41,900 at 7.73%$299.60
41,900 at 7.74%$299.89
41,900 at 7.75%$300.18
41,900 at 7.76%$300.47
41,900 at 7.77%$300.76
41,900 at 7.78%$301.05
41,900 at 7.79%$301.34
41,900 at 7.8%$301.63
41,900 at 7.81%$301.92
41,900 at 7.82%$302.21
41,900 at 7.83%$302.50
41,900 at 7.84%$302.79
41,900 at 7.85%$303.08
41,900 at 7.86%$303.37
41,900 at 7.87%$303.66
41,900 at 7.88%$303.95
41,900 at 7.89%$304.24
41,900 at 7.9%$304.53
41,900 at 7.91%$304.82
41,900 at 7.92%$305.11
41,900 at 7.93%$305.41
41,900 at 7.94%$305.70
41,900 at 7.95%$305.99
41,900 at 7.96%$306.28
41,900 at 7.97%$306.57
41,900 at 7.98%$306.86
41,900 at 7.99%$307.16
41,900 at 8%$307.45
More Amounts
What is the down payment for a $41,900 house? How much do you need to put down?
Percent Down Down Payment
1%419
2%838
3%1,257
4%1,676
5%2,095
6%2,514
7%2,933
8%3,352
9%3,771
10%4,190
11%4,609
12%5,028
13%5,447
14%5,866
15%6,285
16%6,704
17%7,123
18%7,542
19%7,961
20%8,380
Percent Down Down Payment
21%8,799
22%9,218
23%9,637
24%10,056
25%10,475
26%10,894
27%11,313
28%11,732
29%12,151
30%12,570
31%12,989
32%13,408
33%13,827
34%14,246
35%14,665
36%15,084
37%15,503
38%15,922
39%16,341
40%16,760
Percent Down Down Payment
41%17,179
42%17,598
43%18,017
44%18,436
45%18,855
46%19,274
47%19,693
48%20,112
49%20,531
50%20,950
51%21,369
52%21,788
53%22,207
54%22,626
55%23,045
56%23,464
57%23,883
58%24,302
59%24,721
60%25,140
Percent Down Down Payment
61%25,559
62%25,978
63%26,397
64%26,816
65%27,235
66%27,654
67%28,073
68%28,492
69%28,911
70%29,330
71%29,749
72%30,168
73%30,587
74%31,006
75%31,425
76%31,844
77%32,263
78%32,682
79%33,101
80%33,520
Percent Down Down Payment
81%33,939
82%34,358
83%34,777
84%35,196
85%35,615
86%36,034
87%36,453
88%36,872
89%37,291
90%37,710
91%38,129
92%38,548
93%38,967
94%39,386
95%39,805
96%40,224
97%40,643
98%41,062
99%41,481
100%41,900
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.