$42,650 Mortgage for 30 Years

What is the monthly payment of a 42,650 dollar loan?
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Loan Tables for a $42,650 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 43k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $42,650 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
42,650 at 2.01%$157.86
42,650 at 2.02%$158.07
42,650 at 2.03%$158.28
42,650 at 2.04%$158.50
42,650 at 2.05%$158.71
42,650 at 2.06%$158.93
42,650 at 2.07%$159.14
42,650 at 2.08%$159.35
42,650 at 2.09%$159.57
42,650 at 2.1%$159.78
42,650 at 2.11%$160.00
42,650 at 2.12%$160.21
42,650 at 2.13%$160.43
42,650 at 2.14%$160.65
42,650 at 2.15%$160.86
42,650 at 2.16%$161.08
42,650 at 2.17%$161.29
42,650 at 2.18%$161.51
42,650 at 2.19%$161.73
42,650 at 2.2%$161.94
42,650 at 2.21%$162.16
42,650 at 2.22%$162.38
42,650 at 2.23%$162.59
42,650 at 2.24%$162.81
42,650 at 2.25%$163.03
42,650 at 2.26%$163.25
42,650 at 2.27%$163.46
42,650 at 2.28%$163.68
42,650 at 2.29%$163.90
42,650 at 2.3%$164.12
42,650 at 2.31%$164.34
42,650 at 2.32%$164.55
42,650 at 2.33%$164.77
42,650 at 2.34%$164.99
42,650 at 2.35%$165.21
42,650 at 2.36%$165.43
42,650 at 2.37%$165.65
42,650 at 2.38%$165.87
42,650 at 2.39%$166.09
42,650 at 2.4%$166.31
42,650 at 2.41%$166.53
42,650 at 2.42%$166.75
42,650 at 2.43%$166.97
42,650 at 2.44%$167.19
42,650 at 2.45%$167.41
42,650 at 2.46%$167.63
42,650 at 2.47%$167.85
42,650 at 2.48%$168.08
42,650 at 2.49%$168.30
42,650 at 2.5%$168.52
42,650 at 2.51%$168.74
42,650 at 2.52%$168.96
42,650 at 2.53%$169.19
42,650 at 2.54%$169.41
42,650 at 2.55%$169.63
42,650 at 2.56%$169.85
42,650 at 2.57%$170.08
42,650 at 2.58%$170.30
42,650 at 2.59%$170.52
42,650 at 2.6%$170.74
42,650 at 2.61%$170.97
42,650 at 2.62%$171.19
42,650 at 2.63%$171.42
42,650 at 2.64%$171.64
42,650 at 2.65%$171.86
42,650 at 2.66%$172.09
42,650 at 2.67%$172.31
42,650 at 2.68%$172.54
42,650 at 2.69%$172.76
42,650 at 2.7%$172.99
42,650 at 2.71%$173.21
42,650 at 2.72%$173.44
42,650 at 2.73%$173.66
42,650 at 2.74%$173.89
42,650 at 2.75%$174.11
42,650 at 2.76%$174.34
42,650 at 2.77%$174.57
42,650 at 2.78%$174.79
42,650 at 2.79%$175.02
42,650 at 2.8%$175.25
42,650 at 2.81%$175.47
42,650 at 2.82%$175.70
42,650 at 2.83%$175.93
42,650 at 2.84%$176.15
42,650 at 2.85%$176.38
42,650 at 2.86%$176.61
42,650 at 2.87%$176.84
42,650 at 2.88%$177.07
42,650 at 2.89%$177.29
42,650 at 2.9%$177.52
42,650 at 2.91%$177.75
42,650 at 2.92%$177.98
42,650 at 2.93%$178.21
42,650 at 2.94%$178.44
42,650 at 2.95%$178.67
42,650 at 2.96%$178.90
42,650 at 2.97%$179.12
42,650 at 2.98%$179.35
42,650 at 2.99%$179.58
42,650 at 3%$179.81
42,650 at 3.01%$180.04
42,650 at 3.02%$180.27
42,650 at 3.03%$180.50
42,650 at 3.04%$180.74
42,650 at 3.05%$180.97
42,650 at 3.06%$181.20
42,650 at 3.07%$181.43
42,650 at 3.08%$181.66
42,650 at 3.09%$181.89
42,650 at 3.1%$182.12
42,650 at 3.11%$182.35
42,650 at 3.12%$182.59
42,650 at 3.13%$182.82
42,650 at 3.14%$183.05
42,650 at 3.15%$183.28
42,650 at 3.16%$183.52
42,650 at 3.17%$183.75
42,650 at 3.18%$183.98
42,650 at 3.19%$184.21
42,650 at 3.2%$184.45
42,650 at 3.21%$184.68
42,650 at 3.22%$184.91
42,650 at 3.23%$185.15
42,650 at 3.24%$185.38
42,650 at 3.25%$185.62
42,650 at 3.26%$185.85
42,650 at 3.27%$186.08
42,650 at 3.28%$186.32
42,650 at 3.29%$186.55
42,650 at 3.3%$186.79
42,650 at 3.31%$187.02
42,650 at 3.32%$187.26
42,650 at 3.33%$187.49
42,650 at 3.34%$187.73
42,650 at 3.35%$187.96
42,650 at 3.36%$188.20
42,650 at 3.37%$188.44
42,650 at 3.38%$188.67
42,650 at 3.39%$188.91
42,650 at 3.4%$189.14
42,650 at 3.41%$189.38
42,650 at 3.42%$189.62
42,650 at 3.43%$189.85
42,650 at 3.44%$190.09
42,650 at 3.45%$190.33
42,650 at 3.46%$190.57
42,650 at 3.47%$190.80
42,650 at 3.48%$191.04
42,650 at 3.49%$191.28
42,650 at 3.5%$191.52
Interest Rate 30 Year
42,650 at 3.51%$191.76
42,650 at 3.52%$191.99
42,650 at 3.53%$192.23
42,650 at 3.54%$192.47
42,650 at 3.55%$192.71
42,650 at 3.56%$192.95
42,650 at 3.57%$193.19
42,650 at 3.58%$193.43
42,650 at 3.59%$193.67
42,650 at 3.6%$193.91
42,650 at 3.61%$194.15
42,650 at 3.62%$194.39
42,650 at 3.63%$194.63
42,650 at 3.64%$194.87
42,650 at 3.65%$195.11
42,650 at 3.66%$195.35
42,650 at 3.67%$195.59
42,650 at 3.68%$195.83
42,650 at 3.69%$196.07
42,650 at 3.7%$196.31
42,650 at 3.71%$196.55
42,650 at 3.72%$196.79
42,650 at 3.73%$197.04
42,650 at 3.74%$197.28
42,650 at 3.75%$197.52
42,650 at 3.76%$197.76
42,650 at 3.77%$198.00
42,650 at 3.78%$198.25
42,650 at 3.79%$198.49
42,650 at 3.8%$198.73
42,650 at 3.81%$198.97
42,650 at 3.82%$199.22
42,650 at 3.83%$199.46
42,650 at 3.84%$199.70
42,650 at 3.85%$199.95
42,650 at 3.86%$200.19
42,650 at 3.87%$200.43
42,650 at 3.88%$200.68
42,650 at 3.89%$200.92
42,650 at 3.9%$201.17
42,650 at 3.91%$201.41
42,650 at 3.92%$201.66
42,650 at 3.93%$201.90
42,650 at 3.94%$202.15
42,650 at 3.95%$202.39
42,650 at 3.96%$202.64
42,650 at 3.97%$202.88
42,650 at 3.98%$203.13
42,650 at 3.99%$203.37
42,650 at 4%$203.62
42,650 at 4.01%$203.86
42,650 at 4.02%$204.11
42,650 at 4.03%$204.36
42,650 at 4.04%$204.60
42,650 at 4.05%$204.85
42,650 at 4.06%$205.10
42,650 at 4.07%$205.34
42,650 at 4.08%$205.59
42,650 at 4.09%$205.84
42,650 at 4.1%$206.08
42,650 at 4.11%$206.33
42,650 at 4.12%$206.58
42,650 at 4.13%$206.83
42,650 at 4.14%$207.07
42,650 at 4.15%$207.32
42,650 at 4.16%$207.57
42,650 at 4.17%$207.82
42,650 at 4.18%$208.07
42,650 at 4.19%$208.32
42,650 at 4.2%$208.57
42,650 at 4.21%$208.81
42,650 at 4.22%$209.06
42,650 at 4.23%$209.31
42,650 at 4.24%$209.56
42,650 at 4.25%$209.81
42,650 at 4.26%$210.06
42,650 at 4.27%$210.31
42,650 at 4.28%$210.56
42,650 at 4.29%$210.81
42,650 at 4.3%$211.06
42,650 at 4.31%$211.31
42,650 at 4.32%$211.56
42,650 at 4.33%$211.81
42,650 at 4.34%$212.07
42,650 at 4.35%$212.32
42,650 at 4.36%$212.57
42,650 at 4.37%$212.82
42,650 at 4.38%$213.07
42,650 at 4.39%$213.32
42,650 at 4.4%$213.57
42,650 at 4.41%$213.83
42,650 at 4.42%$214.08
42,650 at 4.43%$214.33
42,650 at 4.44%$214.58
42,650 at 4.45%$214.84
42,650 at 4.46%$215.09
42,650 at 4.47%$215.34
42,650 at 4.48%$215.59
42,650 at 4.49%$215.85
42,650 at 4.5%$216.10
42,650 at 4.51%$216.35
42,650 at 4.52%$216.61
42,650 at 4.53%$216.86
42,650 at 4.54%$217.12
42,650 at 4.55%$217.37
42,650 at 4.56%$217.62
42,650 at 4.57%$217.88
42,650 at 4.58%$218.13
42,650 at 4.59%$218.39
42,650 at 4.6%$218.64
42,650 at 4.61%$218.90
42,650 at 4.62%$219.15
42,650 at 4.63%$219.41
42,650 at 4.64%$219.66
42,650 at 4.65%$219.92
42,650 at 4.66%$220.17
42,650 at 4.67%$220.43
42,650 at 4.68%$220.69
42,650 at 4.69%$220.94
42,650 at 4.7%$221.20
42,650 at 4.71%$221.46
42,650 at 4.72%$221.71
42,650 at 4.73%$221.97
42,650 at 4.74%$222.23
42,650 at 4.75%$222.48
42,650 at 4.76%$222.74
42,650 at 4.77%$223.00
42,650 at 4.78%$223.25
42,650 at 4.79%$223.51
42,650 at 4.8%$223.77
42,650 at 4.81%$224.03
42,650 at 4.82%$224.29
42,650 at 4.83%$224.54
42,650 at 4.84%$224.80
42,650 at 4.85%$225.06
42,650 at 4.86%$225.32
42,650 at 4.87%$225.58
42,650 at 4.88%$225.84
42,650 at 4.89%$226.10
42,650 at 4.9%$226.35
42,650 at 4.91%$226.61
42,650 at 4.92%$226.87
42,650 at 4.93%$227.13
42,650 at 4.94%$227.39
42,650 at 4.95%$227.65
42,650 at 4.96%$227.91
42,650 at 4.97%$228.17
42,650 at 4.98%$228.43
42,650 at 4.99%$228.69
42,650 at 5%$228.95
Interest Rate 30 Year
42,650 at 5.01%$229.22
42,650 at 5.02%$229.48
42,650 at 5.03%$229.74
42,650 at 5.04%$230.00
42,650 at 5.05%$230.26
42,650 at 5.06%$230.52
42,650 at 5.07%$230.78
42,650 at 5.08%$231.04
42,650 at 5.09%$231.31
42,650 at 5.1%$231.57
42,650 at 5.11%$231.83
42,650 at 5.12%$232.09
42,650 at 5.13%$232.35
42,650 at 5.14%$232.62
42,650 at 5.15%$232.88
42,650 at 5.16%$233.14
42,650 at 5.17%$233.41
42,650 at 5.18%$233.67
42,650 at 5.19%$233.93
42,650 at 5.2%$234.20
42,650 at 5.21%$234.46
42,650 at 5.22%$234.72
42,650 at 5.23%$234.99
42,650 at 5.24%$235.25
42,650 at 5.25%$235.51
42,650 at 5.26%$235.78
42,650 at 5.27%$236.04
42,650 at 5.28%$236.31
42,650 at 5.29%$236.57
42,650 at 5.3%$236.84
42,650 at 5.31%$237.10
42,650 at 5.32%$237.37
42,650 at 5.33%$237.63
42,650 at 5.34%$237.90
42,650 at 5.35%$238.16
42,650 at 5.36%$238.43
42,650 at 5.37%$238.69
42,650 at 5.38%$238.96
42,650 at 5.39%$239.23
42,650 at 5.4%$239.49
42,650 at 5.41%$239.76
42,650 at 5.42%$240.03
42,650 at 5.43%$240.29
42,650 at 5.44%$240.56
42,650 at 5.45%$240.83
42,650 at 5.46%$241.09
42,650 at 5.47%$241.36
42,650 at 5.48%$241.63
42,650 at 5.49%$241.89
42,650 at 5.5%$242.16
42,650 at 5.51%$242.43
42,650 at 5.52%$242.70
42,650 at 5.53%$242.97
42,650 at 5.54%$243.23
42,650 at 5.55%$243.50
42,650 at 5.56%$243.77
42,650 at 5.57%$244.04
42,650 at 5.58%$244.31
42,650 at 5.59%$244.58
42,650 at 5.6%$244.84
42,650 at 5.61%$245.11
42,650 at 5.62%$245.38
42,650 at 5.63%$245.65
42,650 at 5.64%$245.92
42,650 at 5.65%$246.19
42,650 at 5.66%$246.46
42,650 at 5.67%$246.73
42,650 at 5.68%$247.00
42,650 at 5.69%$247.27
42,650 at 5.7%$247.54
42,650 at 5.71%$247.81
42,650 at 5.72%$248.08
42,650 at 5.73%$248.35
42,650 at 5.74%$248.62
42,650 at 5.75%$248.89
42,650 at 5.76%$249.16
42,650 at 5.77%$249.44
42,650 at 5.78%$249.71
42,650 at 5.79%$249.98
42,650 at 5.8%$250.25
42,650 at 5.81%$250.52
42,650 at 5.82%$250.79
42,650 at 5.83%$251.07
42,650 at 5.84%$251.34
42,650 at 5.85%$251.61
42,650 at 5.86%$251.88
42,650 at 5.87%$252.15
42,650 at 5.88%$252.43
42,650 at 5.89%$252.70
42,650 at 5.9%$252.97
42,650 at 5.91%$253.25
42,650 at 5.92%$253.52
42,650 at 5.93%$253.79
42,650 at 5.94%$254.07
42,650 at 5.95%$254.34
42,650 at 5.96%$254.61
42,650 at 5.97%$254.89
42,650 at 5.98%$255.16
42,650 at 5.99%$255.43
42,650 at 6%$255.71
42,650 at 6.01%$255.98
42,650 at 6.02%$256.26
42,650 at 6.03%$256.53
42,650 at 6.04%$256.81
42,650 at 6.05%$257.08
42,650 at 6.06%$257.36
42,650 at 6.07%$257.63
42,650 at 6.08%$257.91
42,650 at 6.09%$258.18
42,650 at 6.1%$258.46
42,650 at 6.11%$258.73
42,650 at 6.12%$259.01
42,650 at 6.13%$259.28
42,650 at 6.14%$259.56
42,650 at 6.15%$259.84
42,650 at 6.16%$260.11
42,650 at 6.17%$260.39
42,650 at 6.18%$260.66
42,650 at 6.19%$260.94
42,650 at 6.2%$261.22
42,650 at 6.21%$261.49
42,650 at 6.22%$261.77
42,650 at 6.23%$262.05
42,650 at 6.24%$262.33
42,650 at 6.25%$262.60
42,650 at 6.26%$262.88
42,650 at 6.27%$263.16
42,650 at 6.28%$263.44
42,650 at 6.29%$263.71
42,650 at 6.3%$263.99
42,650 at 6.31%$264.27
42,650 at 6.32%$264.55
42,650 at 6.33%$264.83
42,650 at 6.34%$265.10
42,650 at 6.35%$265.38
42,650 at 6.36%$265.66
42,650 at 6.37%$265.94
42,650 at 6.38%$266.22
42,650 at 6.39%$266.50
42,650 at 6.4%$266.78
42,650 at 6.41%$267.06
42,650 at 6.42%$267.34
42,650 at 6.43%$267.62
42,650 at 6.44%$267.90
42,650 at 6.45%$268.18
42,650 at 6.46%$268.46
42,650 at 6.47%$268.74
42,650 at 6.48%$269.02
42,650 at 6.49%$269.30
42,650 at 6.5%$269.58
Interest Rate 30 Year
42,650 at 6.51%$269.86
42,650 at 6.52%$270.14
42,650 at 6.53%$270.42
42,650 at 6.54%$270.70
42,650 at 6.55%$270.98
42,650 at 6.56%$271.26
42,650 at 6.57%$271.54
42,650 at 6.58%$271.82
42,650 at 6.59%$272.11
42,650 at 6.6%$272.39
42,650 at 6.61%$272.67
42,650 at 6.62%$272.95
42,650 at 6.63%$273.23
42,650 at 6.64%$273.52
42,650 at 6.65%$273.80
42,650 at 6.66%$274.08
42,650 at 6.67%$274.36
42,650 at 6.68%$274.65
42,650 at 6.69%$274.93
42,650 at 6.7%$275.21
42,650 at 6.71%$275.49
42,650 at 6.72%$275.78
42,650 at 6.73%$276.06
42,650 at 6.74%$276.34
42,650 at 6.75%$276.63
42,650 at 6.76%$276.91
42,650 at 6.77%$277.19
42,650 at 6.78%$277.48
42,650 at 6.79%$277.76
42,650 at 6.8%$278.05
42,650 at 6.81%$278.33
42,650 at 6.82%$278.61
42,650 at 6.83%$278.90
42,650 at 6.84%$279.18
42,650 at 6.85%$279.47
42,650 at 6.86%$279.75
42,650 at 6.87%$280.04
42,650 at 6.88%$280.32
42,650 at 6.89%$280.61
42,650 at 6.9%$280.89
42,650 at 6.91%$281.18
42,650 at 6.92%$281.46
42,650 at 6.93%$281.75
42,650 at 6.94%$282.03
42,650 at 6.95%$282.32
42,650 at 6.96%$282.61
42,650 at 6.97%$282.89
42,650 at 6.98%$283.18
42,650 at 6.99%$283.47
42,650 at 7%$283.75
42,650 at 7.01%$284.04
42,650 at 7.02%$284.32
42,650 at 7.03%$284.61
42,650 at 7.04%$284.90
42,650 at 7.05%$285.19
42,650 at 7.06%$285.47
42,650 at 7.07%$285.76
42,650 at 7.08%$286.05
42,650 at 7.09%$286.33
42,650 at 7.1%$286.62
42,650 at 7.11%$286.91
42,650 at 7.12%$287.20
42,650 at 7.13%$287.48
42,650 at 7.14%$287.77
42,650 at 7.15%$288.06
42,650 at 7.16%$288.35
42,650 at 7.17%$288.64
42,650 at 7.18%$288.93
42,650 at 7.19%$289.21
42,650 at 7.2%$289.50
42,650 at 7.21%$289.79
42,650 at 7.22%$290.08
42,650 at 7.23%$290.37
42,650 at 7.24%$290.66
42,650 at 7.25%$290.95
42,650 at 7.26%$291.24
42,650 at 7.27%$291.53
42,650 at 7.28%$291.82
42,650 at 7.29%$292.11
42,650 at 7.3%$292.40
42,650 at 7.31%$292.69
42,650 at 7.32%$292.98
42,650 at 7.33%$293.27
42,650 at 7.34%$293.56
42,650 at 7.35%$293.85
42,650 at 7.36%$294.14
42,650 at 7.37%$294.43
42,650 at 7.38%$294.72
42,650 at 7.39%$295.01
42,650 at 7.4%$295.30
42,650 at 7.41%$295.59
42,650 at 7.42%$295.88
42,650 at 7.43%$296.17
42,650 at 7.44%$296.46
42,650 at 7.45%$296.76
42,650 at 7.46%$297.05
42,650 at 7.47%$297.34
42,650 at 7.48%$297.63
42,650 at 7.49%$297.92
42,650 at 7.5%$298.21
42,650 at 7.51%$298.51
42,650 at 7.52%$298.80
42,650 at 7.53%$299.09
42,650 at 7.54%$299.38
42,650 at 7.55%$299.68
42,650 at 7.56%$299.97
42,650 at 7.57%$300.26
42,650 at 7.58%$300.55
42,650 at 7.59%$300.85
42,650 at 7.6%$301.14
42,650 at 7.61%$301.43
42,650 at 7.62%$301.73
42,650 at 7.63%$302.02
42,650 at 7.64%$302.31
42,650 at 7.65%$302.61
42,650 at 7.66%$302.90
42,650 at 7.67%$303.20
42,650 at 7.68%$303.49
42,650 at 7.69%$303.78
42,650 at 7.7%$304.08
42,650 at 7.71%$304.37
42,650 at 7.72%$304.67
42,650 at 7.73%$304.96
42,650 at 7.74%$305.26
42,650 at 7.75%$305.55
42,650 at 7.76%$305.84
42,650 at 7.77%$306.14
42,650 at 7.78%$306.43
42,650 at 7.79%$306.73
42,650 at 7.8%$307.02
42,650 at 7.81%$307.32
42,650 at 7.82%$307.62
42,650 at 7.83%$307.91
42,650 at 7.84%$308.21
42,650 at 7.85%$308.50
42,650 at 7.86%$308.80
42,650 at 7.87%$309.09
42,650 at 7.88%$309.39
42,650 at 7.89%$309.69
42,650 at 7.9%$309.98
42,650 at 7.91%$310.28
42,650 at 7.92%$310.58
42,650 at 7.93%$310.87
42,650 at 7.94%$311.17
42,650 at 7.95%$311.47
42,650 at 7.96%$311.76
42,650 at 7.97%$312.06
42,650 at 7.98%$312.36
42,650 at 7.99%$312.65
42,650 at 8%$312.95
More Amounts
What is the down payment for a $42,650 house? How much do you need to put down?
Percent Down Down Payment
1%427
2%853
3%1,280
4%1,706
5%2,133
6%2,559
7%2,986
8%3,412
9%3,839
10%4,265
11%4,692
12%5,118
13%5,545
14%5,971
15%6,398
16%6,824
17%7,251
18%7,677
19%8,104
20%8,530
Percent Down Down Payment
21%8,957
22%9,383
23%9,810
24%10,236
25%10,663
26%11,089
27%11,516
28%11,942
29%12,369
30%12,795
31%13,222
32%13,648
33%14,075
34%14,501
35%14,928
36%15,354
37%15,781
38%16,207
39%16,634
40%17,060
Percent Down Down Payment
41%17,487
42%17,913
43%18,340
44%18,766
45%19,193
46%19,619
47%20,046
48%20,472
49%20,899
50%21,325
51%21,752
52%22,178
53%22,605
54%23,031
55%23,458
56%23,884
57%24,311
58%24,737
59%25,164
60%25,590
Percent Down Down Payment
61%26,017
62%26,443
63%26,870
64%27,296
65%27,723
66%28,149
67%28,576
68%29,002
69%29,429
70%29,855
71%30,282
72%30,708
73%31,135
74%31,561
75%31,988
76%32,414
77%32,841
78%33,267
79%33,694
80%34,120
Percent Down Down Payment
81%34,547
82%34,973
83%35,400
84%35,826
85%36,253
86%36,679
87%37,106
88%37,532
89%37,959
90%38,385
91%38,812
92%39,238
93%39,665
94%40,091
95%40,518
96%40,944
97%41,371
98%41,797
99%42,224
100%42,650
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.