$45,400 Mortgage for 30 Years

What is the monthly payment of a 45,400 dollar loan?
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Loan Tables for a $45,400 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 45k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $45,400 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
45,400 at 2.01%$168.03
45,400 at 2.02%$168.26
45,400 at 2.03%$168.49
45,400 at 2.04%$168.72
45,400 at 2.05%$168.94
45,400 at 2.06%$169.17
45,400 at 2.07%$169.40
45,400 at 2.08%$169.63
45,400 at 2.09%$169.86
45,400 at 2.1%$170.09
45,400 at 2.11%$170.32
45,400 at 2.12%$170.54
45,400 at 2.13%$170.77
45,400 at 2.14%$171.00
45,400 at 2.15%$171.23
45,400 at 2.16%$171.46
45,400 at 2.17%$171.69
45,400 at 2.18%$171.92
45,400 at 2.19%$172.15
45,400 at 2.2%$172.38
45,400 at 2.21%$172.61
45,400 at 2.22%$172.85
45,400 at 2.23%$173.08
45,400 at 2.24%$173.31
45,400 at 2.25%$173.54
45,400 at 2.26%$173.77
45,400 at 2.27%$174.00
45,400 at 2.28%$174.24
45,400 at 2.29%$174.47
45,400 at 2.3%$174.70
45,400 at 2.31%$174.93
45,400 at 2.32%$175.17
45,400 at 2.33%$175.40
45,400 at 2.34%$175.63
45,400 at 2.35%$175.86
45,400 at 2.36%$176.10
45,400 at 2.37%$176.33
45,400 at 2.38%$176.57
45,400 at 2.39%$176.80
45,400 at 2.4%$177.03
45,400 at 2.41%$177.27
45,400 at 2.42%$177.50
45,400 at 2.43%$177.74
45,400 at 2.44%$177.97
45,400 at 2.45%$178.21
45,400 at 2.46%$178.44
45,400 at 2.47%$178.68
45,400 at 2.48%$178.91
45,400 at 2.49%$179.15
45,400 at 2.5%$179.38
45,400 at 2.51%$179.62
45,400 at 2.52%$179.86
45,400 at 2.53%$180.09
45,400 at 2.54%$180.33
45,400 at 2.55%$180.57
45,400 at 2.56%$180.80
45,400 at 2.57%$181.04
45,400 at 2.58%$181.28
45,400 at 2.59%$181.52
45,400 at 2.6%$181.75
45,400 at 2.61%$181.99
45,400 at 2.62%$182.23
45,400 at 2.63%$182.47
45,400 at 2.64%$182.71
45,400 at 2.65%$182.95
45,400 at 2.66%$183.18
45,400 at 2.67%$183.42
45,400 at 2.68%$183.66
45,400 at 2.69%$183.90
45,400 at 2.7%$184.14
45,400 at 2.71%$184.38
45,400 at 2.72%$184.62
45,400 at 2.73%$184.86
45,400 at 2.74%$185.10
45,400 at 2.75%$185.34
45,400 at 2.76%$185.58
45,400 at 2.77%$185.82
45,400 at 2.78%$186.06
45,400 at 2.79%$186.30
45,400 at 2.8%$186.55
45,400 at 2.81%$186.79
45,400 at 2.82%$187.03
45,400 at 2.83%$187.27
45,400 at 2.84%$187.51
45,400 at 2.85%$187.76
45,400 at 2.86%$188.00
45,400 at 2.87%$188.24
45,400 at 2.88%$188.48
45,400 at 2.89%$188.73
45,400 at 2.9%$188.97
45,400 at 2.91%$189.21
45,400 at 2.92%$189.45
45,400 at 2.93%$189.70
45,400 at 2.94%$189.94
45,400 at 2.95%$190.19
45,400 at 2.96%$190.43
45,400 at 2.97%$190.67
45,400 at 2.98%$190.92
45,400 at 2.99%$191.16
45,400 at 3%$191.41
45,400 at 3.01%$191.65
45,400 at 3.02%$191.90
45,400 at 3.03%$192.14
45,400 at 3.04%$192.39
45,400 at 3.05%$192.63
45,400 at 3.06%$192.88
45,400 at 3.07%$193.13
45,400 at 3.08%$193.37
45,400 at 3.09%$193.62
45,400 at 3.1%$193.87
45,400 at 3.11%$194.11
45,400 at 3.12%$194.36
45,400 at 3.13%$194.61
45,400 at 3.14%$194.85
45,400 at 3.15%$195.10
45,400 at 3.16%$195.35
45,400 at 3.17%$195.60
45,400 at 3.18%$195.84
45,400 at 3.19%$196.09
45,400 at 3.2%$196.34
45,400 at 3.21%$196.59
45,400 at 3.22%$196.84
45,400 at 3.23%$197.09
45,400 at 3.24%$197.33
45,400 at 3.25%$197.58
45,400 at 3.26%$197.83
45,400 at 3.27%$198.08
45,400 at 3.28%$198.33
45,400 at 3.29%$198.58
45,400 at 3.3%$198.83
45,400 at 3.31%$199.08
45,400 at 3.32%$199.33
45,400 at 3.33%$199.58
45,400 at 3.34%$199.83
45,400 at 3.35%$200.08
45,400 at 3.36%$200.33
45,400 at 3.37%$200.59
45,400 at 3.38%$200.84
45,400 at 3.39%$201.09
45,400 at 3.4%$201.34
45,400 at 3.41%$201.59
45,400 at 3.42%$201.84
45,400 at 3.43%$202.10
45,400 at 3.44%$202.35
45,400 at 3.45%$202.60
45,400 at 3.46%$202.85
45,400 at 3.47%$203.11
45,400 at 3.48%$203.36
45,400 at 3.49%$203.61
45,400 at 3.5%$203.87
Interest Rate 30 Year
45,400 at 3.51%$204.12
45,400 at 3.52%$204.37
45,400 at 3.53%$204.63
45,400 at 3.54%$204.88
45,400 at 3.55%$205.14
45,400 at 3.56%$205.39
45,400 at 3.57%$205.64
45,400 at 3.58%$205.90
45,400 at 3.59%$206.15
45,400 at 3.6%$206.41
45,400 at 3.61%$206.66
45,400 at 3.62%$206.92
45,400 at 3.63%$207.18
45,400 at 3.64%$207.43
45,400 at 3.65%$207.69
45,400 at 3.66%$207.94
45,400 at 3.67%$208.20
45,400 at 3.68%$208.46
45,400 at 3.69%$208.71
45,400 at 3.7%$208.97
45,400 at 3.71%$209.23
45,400 at 3.72%$209.48
45,400 at 3.73%$209.74
45,400 at 3.74%$210.00
45,400 at 3.75%$210.25
45,400 at 3.76%$210.51
45,400 at 3.77%$210.77
45,400 at 3.78%$211.03
45,400 at 3.79%$211.29
45,400 at 3.8%$211.54
45,400 at 3.81%$211.80
45,400 at 3.82%$212.06
45,400 at 3.83%$212.32
45,400 at 3.84%$212.58
45,400 at 3.85%$212.84
45,400 at 3.86%$213.10
45,400 at 3.87%$213.36
45,400 at 3.88%$213.62
45,400 at 3.89%$213.88
45,400 at 3.9%$214.14
45,400 at 3.91%$214.40
45,400 at 3.92%$214.66
45,400 at 3.93%$214.92
45,400 at 3.94%$215.18
45,400 at 3.95%$215.44
45,400 at 3.96%$215.70
45,400 at 3.97%$215.96
45,400 at 3.98%$216.22
45,400 at 3.99%$216.48
45,400 at 4%$216.75
45,400 at 4.01%$217.01
45,400 at 4.02%$217.27
45,400 at 4.03%$217.53
45,400 at 4.04%$217.79
45,400 at 4.05%$218.06
45,400 at 4.06%$218.32
45,400 at 4.07%$218.58
45,400 at 4.08%$218.85
45,400 at 4.09%$219.11
45,400 at 4.1%$219.37
45,400 at 4.11%$219.64
45,400 at 4.12%$219.90
45,400 at 4.13%$220.16
45,400 at 4.14%$220.43
45,400 at 4.15%$220.69
45,400 at 4.16%$220.96
45,400 at 4.17%$221.22
45,400 at 4.18%$221.48
45,400 at 4.19%$221.75
45,400 at 4.2%$222.01
45,400 at 4.21%$222.28
45,400 at 4.22%$222.54
45,400 at 4.23%$222.81
45,400 at 4.24%$223.08
45,400 at 4.25%$223.34
45,400 at 4.26%$223.61
45,400 at 4.27%$223.87
45,400 at 4.28%$224.14
45,400 at 4.29%$224.41
45,400 at 4.3%$224.67
45,400 at 4.31%$224.94
45,400 at 4.32%$225.21
45,400 at 4.33%$225.47
45,400 at 4.34%$225.74
45,400 at 4.35%$226.01
45,400 at 4.36%$226.27
45,400 at 4.37%$226.54
45,400 at 4.38%$226.81
45,400 at 4.39%$227.08
45,400 at 4.4%$227.35
45,400 at 4.41%$227.61
45,400 at 4.42%$227.88
45,400 at 4.43%$228.15
45,400 at 4.44%$228.42
45,400 at 4.45%$228.69
45,400 at 4.46%$228.96
45,400 at 4.47%$229.23
45,400 at 4.48%$229.50
45,400 at 4.49%$229.77
45,400 at 4.5%$230.04
45,400 at 4.51%$230.30
45,400 at 4.52%$230.57
45,400 at 4.53%$230.85
45,400 at 4.54%$231.12
45,400 at 4.55%$231.39
45,400 at 4.56%$231.66
45,400 at 4.57%$231.93
45,400 at 4.58%$232.20
45,400 at 4.59%$232.47
45,400 at 4.6%$232.74
45,400 at 4.61%$233.01
45,400 at 4.62%$233.28
45,400 at 4.63%$233.56
45,400 at 4.64%$233.83
45,400 at 4.65%$234.10
45,400 at 4.66%$234.37
45,400 at 4.67%$234.64
45,400 at 4.68%$234.92
45,400 at 4.69%$235.19
45,400 at 4.7%$235.46
45,400 at 4.71%$235.73
45,400 at 4.72%$236.01
45,400 at 4.73%$236.28
45,400 at 4.74%$236.55
45,400 at 4.75%$236.83
45,400 at 4.76%$237.10
45,400 at 4.77%$237.38
45,400 at 4.78%$237.65
45,400 at 4.79%$237.92
45,400 at 4.8%$238.20
45,400 at 4.81%$238.47
45,400 at 4.82%$238.75
45,400 at 4.83%$239.02
45,400 at 4.84%$239.30
45,400 at 4.85%$239.57
45,400 at 4.86%$239.85
45,400 at 4.87%$240.12
45,400 at 4.88%$240.40
45,400 at 4.89%$240.67
45,400 at 4.9%$240.95
45,400 at 4.91%$241.23
45,400 at 4.92%$241.50
45,400 at 4.93%$241.78
45,400 at 4.94%$242.05
45,400 at 4.95%$242.33
45,400 at 4.96%$242.61
45,400 at 4.97%$242.89
45,400 at 4.98%$243.16
45,400 at 4.99%$243.44
45,400 at 5%$243.72
Interest Rate 30 Year
45,400 at 5.01%$243.99
45,400 at 5.02%$244.27
45,400 at 5.03%$244.55
45,400 at 5.04%$244.83
45,400 at 5.05%$245.11
45,400 at 5.06%$245.38
45,400 at 5.07%$245.66
45,400 at 5.08%$245.94
45,400 at 5.09%$246.22
45,400 at 5.1%$246.50
45,400 at 5.11%$246.78
45,400 at 5.12%$247.06
45,400 at 5.13%$247.34
45,400 at 5.14%$247.62
45,400 at 5.15%$247.90
45,400 at 5.16%$248.18
45,400 at 5.17%$248.46
45,400 at 5.18%$248.74
45,400 at 5.19%$249.02
45,400 at 5.2%$249.30
45,400 at 5.21%$249.58
45,400 at 5.22%$249.86
45,400 at 5.23%$250.14
45,400 at 5.24%$250.42
45,400 at 5.25%$250.70
45,400 at 5.26%$250.98
45,400 at 5.27%$251.26
45,400 at 5.28%$251.54
45,400 at 5.29%$251.83
45,400 at 5.3%$252.11
45,400 at 5.31%$252.39
45,400 at 5.32%$252.67
45,400 at 5.33%$252.95
45,400 at 5.34%$253.24
45,400 at 5.35%$253.52
45,400 at 5.36%$253.80
45,400 at 5.37%$254.09
45,400 at 5.38%$254.37
45,400 at 5.39%$254.65
45,400 at 5.4%$254.93
45,400 at 5.41%$255.22
45,400 at 5.42%$255.50
45,400 at 5.43%$255.79
45,400 at 5.44%$256.07
45,400 at 5.45%$256.35
45,400 at 5.46%$256.64
45,400 at 5.47%$256.92
45,400 at 5.48%$257.21
45,400 at 5.49%$257.49
45,400 at 5.5%$257.78
45,400 at 5.51%$258.06
45,400 at 5.52%$258.35
45,400 at 5.53%$258.63
45,400 at 5.54%$258.92
45,400 at 5.55%$259.20
45,400 at 5.56%$259.49
45,400 at 5.57%$259.77
45,400 at 5.58%$260.06
45,400 at 5.59%$260.35
45,400 at 5.6%$260.63
45,400 at 5.61%$260.92
45,400 at 5.62%$261.20
45,400 at 5.63%$261.49
45,400 at 5.64%$261.78
45,400 at 5.65%$262.07
45,400 at 5.66%$262.35
45,400 at 5.67%$262.64
45,400 at 5.68%$262.93
45,400 at 5.69%$263.21
45,400 at 5.7%$263.50
45,400 at 5.71%$263.79
45,400 at 5.72%$264.08
45,400 at 5.73%$264.37
45,400 at 5.74%$264.65
45,400 at 5.75%$264.94
45,400 at 5.76%$265.23
45,400 at 5.77%$265.52
45,400 at 5.78%$265.81
45,400 at 5.79%$266.10
45,400 at 5.8%$266.39
45,400 at 5.81%$266.68
45,400 at 5.82%$266.96
45,400 at 5.83%$267.25
45,400 at 5.84%$267.54
45,400 at 5.85%$267.83
45,400 at 5.86%$268.12
45,400 at 5.87%$268.41
45,400 at 5.88%$268.70
45,400 at 5.89%$268.99
45,400 at 5.9%$269.28
45,400 at 5.91%$269.57
45,400 at 5.92%$269.87
45,400 at 5.93%$270.16
45,400 at 5.94%$270.45
45,400 at 5.95%$270.74
45,400 at 5.96%$271.03
45,400 at 5.97%$271.32
45,400 at 5.98%$271.61
45,400 at 5.99%$271.90
45,400 at 6%$272.20
45,400 at 6.01%$272.49
45,400 at 6.02%$272.78
45,400 at 6.03%$273.07
45,400 at 6.04%$273.36
45,400 at 6.05%$273.66
45,400 at 6.06%$273.95
45,400 at 6.07%$274.24
45,400 at 6.08%$274.54
45,400 at 6.09%$274.83
45,400 at 6.1%$275.12
45,400 at 6.11%$275.41
45,400 at 6.12%$275.71
45,400 at 6.13%$276.00
45,400 at 6.14%$276.30
45,400 at 6.15%$276.59
45,400 at 6.16%$276.88
45,400 at 6.17%$277.18
45,400 at 6.18%$277.47
45,400 at 6.19%$277.77
45,400 at 6.2%$278.06
45,400 at 6.21%$278.36
45,400 at 6.22%$278.65
45,400 at 6.23%$278.95
45,400 at 6.24%$279.24
45,400 at 6.25%$279.54
45,400 at 6.26%$279.83
45,400 at 6.27%$280.13
45,400 at 6.28%$280.42
45,400 at 6.29%$280.72
45,400 at 6.3%$281.01
45,400 at 6.31%$281.31
45,400 at 6.32%$281.61
45,400 at 6.33%$281.90
45,400 at 6.34%$282.20
45,400 at 6.35%$282.50
45,400 at 6.36%$282.79
45,400 at 6.37%$283.09
45,400 at 6.38%$283.39
45,400 at 6.39%$283.68
45,400 at 6.4%$283.98
45,400 at 6.41%$284.28
45,400 at 6.42%$284.57
45,400 at 6.43%$284.87
45,400 at 6.44%$285.17
45,400 at 6.45%$285.47
45,400 at 6.46%$285.77
45,400 at 6.47%$286.06
45,400 at 6.48%$286.36
45,400 at 6.49%$286.66
45,400 at 6.5%$286.96
Interest Rate 30 Year
45,400 at 6.51%$287.26
45,400 at 6.52%$287.56
45,400 at 6.53%$287.86
45,400 at 6.54%$288.15
45,400 at 6.55%$288.45
45,400 at 6.56%$288.75
45,400 at 6.57%$289.05
45,400 at 6.58%$289.35
45,400 at 6.59%$289.65
45,400 at 6.6%$289.95
45,400 at 6.61%$290.25
45,400 at 6.62%$290.55
45,400 at 6.63%$290.85
45,400 at 6.64%$291.15
45,400 at 6.65%$291.45
45,400 at 6.66%$291.75
45,400 at 6.67%$292.05
45,400 at 6.68%$292.35
45,400 at 6.69%$292.66
45,400 at 6.7%$292.96
45,400 at 6.71%$293.26
45,400 at 6.72%$293.56
45,400 at 6.73%$293.86
45,400 at 6.74%$294.16
45,400 at 6.75%$294.46
45,400 at 6.76%$294.77
45,400 at 6.77%$295.07
45,400 at 6.78%$295.37
45,400 at 6.79%$295.67
45,400 at 6.8%$295.97
45,400 at 6.81%$296.28
45,400 at 6.82%$296.58
45,400 at 6.83%$296.88
45,400 at 6.84%$297.18
45,400 at 6.85%$297.49
45,400 at 6.86%$297.79
45,400 at 6.87%$298.09
45,400 at 6.88%$298.40
45,400 at 6.89%$298.70
45,400 at 6.9%$299.00
45,400 at 6.91%$299.31
45,400 at 6.92%$299.61
45,400 at 6.93%$299.92
45,400 at 6.94%$300.22
45,400 at 6.95%$300.52
45,400 at 6.96%$300.83
45,400 at 6.97%$301.13
45,400 at 6.98%$301.44
45,400 at 6.99%$301.74
45,400 at 7%$302.05
45,400 at 7.01%$302.35
45,400 at 7.02%$302.66
45,400 at 7.03%$302.96
45,400 at 7.04%$303.27
45,400 at 7.05%$303.57
45,400 at 7.06%$303.88
45,400 at 7.07%$304.18
45,400 at 7.08%$304.49
45,400 at 7.09%$304.80
45,400 at 7.1%$305.10
45,400 at 7.11%$305.41
45,400 at 7.12%$305.72
45,400 at 7.13%$306.02
45,400 at 7.14%$306.33
45,400 at 7.15%$306.63
45,400 at 7.16%$306.94
45,400 at 7.17%$307.25
45,400 at 7.18%$307.56
45,400 at 7.19%$307.86
45,400 at 7.2%$308.17
45,400 at 7.21%$308.48
45,400 at 7.22%$308.78
45,400 at 7.23%$309.09
45,400 at 7.24%$309.40
45,400 at 7.25%$309.71
45,400 at 7.26%$310.02
45,400 at 7.27%$310.32
45,400 at 7.28%$310.63
45,400 at 7.29%$310.94
45,400 at 7.3%$311.25
45,400 at 7.31%$311.56
45,400 at 7.32%$311.87
45,400 at 7.33%$312.18
45,400 at 7.34%$312.48
45,400 at 7.35%$312.79
45,400 at 7.36%$313.10
45,400 at 7.37%$313.41
45,400 at 7.38%$313.72
45,400 at 7.39%$314.03
45,400 at 7.4%$314.34
45,400 at 7.41%$314.65
45,400 at 7.42%$314.96
45,400 at 7.43%$315.27
45,400 at 7.44%$315.58
45,400 at 7.45%$315.89
45,400 at 7.46%$316.20
45,400 at 7.47%$316.51
45,400 at 7.48%$316.82
45,400 at 7.49%$317.13
45,400 at 7.5%$317.44
45,400 at 7.51%$317.75
45,400 at 7.52%$318.07
45,400 at 7.53%$318.38
45,400 at 7.54%$318.69
45,400 at 7.55%$319.00
45,400 at 7.56%$319.31
45,400 at 7.57%$319.62
45,400 at 7.58%$319.93
45,400 at 7.59%$320.25
45,400 at 7.6%$320.56
45,400 at 7.61%$320.87
45,400 at 7.62%$321.18
45,400 at 7.63%$321.49
45,400 at 7.64%$321.81
45,400 at 7.65%$322.12
45,400 at 7.66%$322.43
45,400 at 7.67%$322.74
45,400 at 7.68%$323.06
45,400 at 7.69%$323.37
45,400 at 7.7%$323.68
45,400 at 7.71%$324.00
45,400 at 7.72%$324.31
45,400 at 7.73%$324.62
45,400 at 7.74%$324.94
45,400 at 7.75%$325.25
45,400 at 7.76%$325.56
45,400 at 7.77%$325.88
45,400 at 7.78%$326.19
45,400 at 7.79%$326.51
45,400 at 7.8%$326.82
45,400 at 7.81%$327.14
45,400 at 7.82%$327.45
45,400 at 7.83%$327.76
45,400 at 7.84%$328.08
45,400 at 7.85%$328.39
45,400 at 7.86%$328.71
45,400 at 7.87%$329.02
45,400 at 7.88%$329.34
45,400 at 7.89%$329.65
45,400 at 7.9%$329.97
45,400 at 7.91%$330.29
45,400 at 7.92%$330.60
45,400 at 7.93%$330.92
45,400 at 7.94%$331.23
45,400 at 7.95%$331.55
45,400 at 7.96%$331.86
45,400 at 7.97%$332.18
45,400 at 7.98%$332.50
45,400 at 7.99%$332.81
45,400 at 8%$333.13
More Amounts
What is the down payment for a $45,400 house? How much do you need to put down?
Percent Down Down Payment
1%454
2%908
3%1,362
4%1,816
5%2,270
6%2,724
7%3,178
8%3,632
9%4,086
10%4,540
11%4,994
12%5,448
13%5,902
14%6,356
15%6,810
16%7,264
17%7,718
18%8,172
19%8,626
20%9,080
Percent Down Down Payment
21%9,534
22%9,988
23%10,442
24%10,896
25%11,350
26%11,804
27%12,258
28%12,712
29%13,166
30%13,620
31%14,074
32%14,528
33%14,982
34%15,436
35%15,890
36%16,344
37%16,798
38%17,252
39%17,706
40%18,160
Percent Down Down Payment
41%18,614
42%19,068
43%19,522
44%19,976
45%20,430
46%20,884
47%21,338
48%21,792
49%22,246
50%22,700
51%23,154
52%23,608
53%24,062
54%24,516
55%24,970
56%25,424
57%25,878
58%26,332
59%26,786
60%27,240
Percent Down Down Payment
61%27,694
62%28,148
63%28,602
64%29,056
65%29,510
66%29,964
67%30,418
68%30,872
69%31,326
70%31,780
71%32,234
72%32,688
73%33,142
74%33,596
75%34,050
76%34,504
77%34,958
78%35,412
79%35,866
80%36,320
Percent Down Down Payment
81%36,774
82%37,228
83%37,682
84%38,136
85%38,590
86%39,044
87%39,498
88%39,952
89%40,406
90%40,860
91%41,314
92%41,768
93%42,222
94%42,676
95%43,130
96%43,584
97%44,038
98%44,492
99%44,946
100%45,400
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.