$45,450 Mortgage for 30 Years

What is the monthly payment of a 45,450 dollar loan?
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Loan Tables for a $45,450 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 $45,450 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
45,450 at 2.01%$168.22
45,450 at 2.02%$168.45
45,450 at 2.03%$168.67
45,450 at 2.04%$168.90
45,450 at 2.05%$169.13
45,450 at 2.06%$169.36
45,450 at 2.07%$169.59
45,450 at 2.08%$169.82
45,450 at 2.09%$170.04
45,450 at 2.1%$170.27
45,450 at 2.11%$170.50
45,450 at 2.12%$170.73
45,450 at 2.13%$170.96
45,450 at 2.14%$171.19
45,450 at 2.15%$171.42
45,450 at 2.16%$171.65
45,450 at 2.17%$171.88
45,450 at 2.18%$172.11
45,450 at 2.19%$172.34
45,450 at 2.2%$172.57
45,450 at 2.21%$172.81
45,450 at 2.22%$173.04
45,450 at 2.23%$173.27
45,450 at 2.24%$173.50
45,450 at 2.25%$173.73
45,450 at 2.26%$173.96
45,450 at 2.27%$174.19
45,450 at 2.28%$174.43
45,450 at 2.29%$174.66
45,450 at 2.3%$174.89
45,450 at 2.31%$175.12
45,450 at 2.32%$175.36
45,450 at 2.33%$175.59
45,450 at 2.34%$175.82
45,450 at 2.35%$176.06
45,450 at 2.36%$176.29
45,450 at 2.37%$176.53
45,450 at 2.38%$176.76
45,450 at 2.39%$176.99
45,450 at 2.4%$177.23
45,450 at 2.41%$177.46
45,450 at 2.42%$177.70
45,450 at 2.43%$177.93
45,450 at 2.44%$178.17
45,450 at 2.45%$178.40
45,450 at 2.46%$178.64
45,450 at 2.47%$178.87
45,450 at 2.48%$179.11
45,450 at 2.49%$179.35
45,450 at 2.5%$179.58
45,450 at 2.51%$179.82
45,450 at 2.52%$180.06
45,450 at 2.53%$180.29
45,450 at 2.54%$180.53
45,450 at 2.55%$180.77
45,450 at 2.56%$181.00
45,450 at 2.57%$181.24
45,450 at 2.58%$181.48
45,450 at 2.59%$181.72
45,450 at 2.6%$181.95
45,450 at 2.61%$182.19
45,450 at 2.62%$182.43
45,450 at 2.63%$182.67
45,450 at 2.64%$182.91
45,450 at 2.65%$183.15
45,450 at 2.66%$183.39
45,450 at 2.67%$183.63
45,450 at 2.68%$183.86
45,450 at 2.69%$184.10
45,450 at 2.7%$184.34
45,450 at 2.71%$184.58
45,450 at 2.72%$184.82
45,450 at 2.73%$185.06
45,450 at 2.74%$185.30
45,450 at 2.75%$185.55
45,450 at 2.76%$185.79
45,450 at 2.77%$186.03
45,450 at 2.78%$186.27
45,450 at 2.79%$186.51
45,450 at 2.8%$186.75
45,450 at 2.81%$186.99
45,450 at 2.82%$187.24
45,450 at 2.83%$187.48
45,450 at 2.84%$187.72
45,450 at 2.85%$187.96
45,450 at 2.86%$188.20
45,450 at 2.87%$188.45
45,450 at 2.88%$188.69
45,450 at 2.89%$188.93
45,450 at 2.9%$189.18
45,450 at 2.91%$189.42
45,450 at 2.92%$189.66
45,450 at 2.93%$189.91
45,450 at 2.94%$190.15
45,450 at 2.95%$190.40
45,450 at 2.96%$190.64
45,450 at 2.97%$190.88
45,450 at 2.98%$191.13
45,450 at 2.99%$191.37
45,450 at 3%$191.62
45,450 at 3.01%$191.86
45,450 at 3.02%$192.11
45,450 at 3.03%$192.36
45,450 at 3.04%$192.60
45,450 at 3.05%$192.85
45,450 at 3.06%$193.09
45,450 at 3.07%$193.34
45,450 at 3.08%$193.59
45,450 at 3.09%$193.83
45,450 at 3.1%$194.08
45,450 at 3.11%$194.33
45,450 at 3.12%$194.57
45,450 at 3.13%$194.82
45,450 at 3.14%$195.07
45,450 at 3.15%$195.32
45,450 at 3.16%$195.56
45,450 at 3.17%$195.81
45,450 at 3.18%$196.06
45,450 at 3.19%$196.31
45,450 at 3.2%$196.56
45,450 at 3.21%$196.80
45,450 at 3.22%$197.05
45,450 at 3.23%$197.30
45,450 at 3.24%$197.55
45,450 at 3.25%$197.80
45,450 at 3.26%$198.05
45,450 at 3.27%$198.30
45,450 at 3.28%$198.55
45,450 at 3.29%$198.80
45,450 at 3.3%$199.05
45,450 at 3.31%$199.30
45,450 at 3.32%$199.55
45,450 at 3.33%$199.80
45,450 at 3.34%$200.05
45,450 at 3.35%$200.30
45,450 at 3.36%$200.56
45,450 at 3.37%$200.81
45,450 at 3.38%$201.06
45,450 at 3.39%$201.31
45,450 at 3.4%$201.56
45,450 at 3.41%$201.81
45,450 at 3.42%$202.07
45,450 at 3.43%$202.32
45,450 at 3.44%$202.57
45,450 at 3.45%$202.82
45,450 at 3.46%$203.08
45,450 at 3.47%$203.33
45,450 at 3.48%$203.58
45,450 at 3.49%$203.84
45,450 at 3.5%$204.09
Interest Rate 30 Year
45,450 at 3.51%$204.34
45,450 at 3.52%$204.60
45,450 at 3.53%$204.85
45,450 at 3.54%$205.11
45,450 at 3.55%$205.36
45,450 at 3.56%$205.62
45,450 at 3.57%$205.87
45,450 at 3.58%$206.13
45,450 at 3.59%$206.38
45,450 at 3.6%$206.64
45,450 at 3.61%$206.89
45,450 at 3.62%$207.15
45,450 at 3.63%$207.40
45,450 at 3.64%$207.66
45,450 at 3.65%$207.92
45,450 at 3.66%$208.17
45,450 at 3.67%$208.43
45,450 at 3.68%$208.68
45,450 at 3.69%$208.94
45,450 at 3.7%$209.20
45,450 at 3.71%$209.46
45,450 at 3.72%$209.71
45,450 at 3.73%$209.97
45,450 at 3.74%$210.23
45,450 at 3.75%$210.49
45,450 at 3.76%$210.74
45,450 at 3.77%$211.00
45,450 at 3.78%$211.26
45,450 at 3.79%$211.52
45,450 at 3.8%$211.78
45,450 at 3.81%$212.04
45,450 at 3.82%$212.30
45,450 at 3.83%$212.55
45,450 at 3.84%$212.81
45,450 at 3.85%$213.07
45,450 at 3.86%$213.33
45,450 at 3.87%$213.59
45,450 at 3.88%$213.85
45,450 at 3.89%$214.11
45,450 at 3.9%$214.37
45,450 at 3.91%$214.63
45,450 at 3.92%$214.89
45,450 at 3.93%$215.16
45,450 at 3.94%$215.42
45,450 at 3.95%$215.68
45,450 at 3.96%$215.94
45,450 at 3.97%$216.20
45,450 at 3.98%$216.46
45,450 at 3.99%$216.72
45,450 at 4%$216.99
45,450 at 4.01%$217.25
45,450 at 4.02%$217.51
45,450 at 4.03%$217.77
45,450 at 4.04%$218.03
45,450 at 4.05%$218.30
45,450 at 4.06%$218.56
45,450 at 4.07%$218.82
45,450 at 4.08%$219.09
45,450 at 4.09%$219.35
45,450 at 4.1%$219.61
45,450 at 4.11%$219.88
45,450 at 4.12%$220.14
45,450 at 4.13%$220.41
45,450 at 4.14%$220.67
45,450 at 4.15%$220.93
45,450 at 4.16%$221.20
45,450 at 4.17%$221.46
45,450 at 4.18%$221.73
45,450 at 4.19%$221.99
45,450 at 4.2%$222.26
45,450 at 4.21%$222.52
45,450 at 4.22%$222.79
45,450 at 4.23%$223.05
45,450 at 4.24%$223.32
45,450 at 4.25%$223.59
45,450 at 4.26%$223.85
45,450 at 4.27%$224.12
45,450 at 4.28%$224.39
45,450 at 4.29%$224.65
45,450 at 4.3%$224.92
45,450 at 4.31%$225.19
45,450 at 4.32%$225.45
45,450 at 4.33%$225.72
45,450 at 4.34%$225.99
45,450 at 4.35%$226.26
45,450 at 4.36%$226.52
45,450 at 4.37%$226.79
45,450 at 4.38%$227.06
45,450 at 4.39%$227.33
45,450 at 4.4%$227.60
45,450 at 4.41%$227.86
45,450 at 4.42%$228.13
45,450 at 4.43%$228.40
45,450 at 4.44%$228.67
45,450 at 4.45%$228.94
45,450 at 4.46%$229.21
45,450 at 4.47%$229.48
45,450 at 4.48%$229.75
45,450 at 4.49%$230.02
45,450 at 4.5%$230.29
45,450 at 4.51%$230.56
45,450 at 4.52%$230.83
45,450 at 4.53%$231.10
45,450 at 4.54%$231.37
45,450 at 4.55%$231.64
45,450 at 4.56%$231.91
45,450 at 4.57%$232.18
45,450 at 4.58%$232.45
45,450 at 4.59%$232.73
45,450 at 4.6%$233.00
45,450 at 4.61%$233.27
45,450 at 4.62%$233.54
45,450 at 4.63%$233.81
45,450 at 4.64%$234.08
45,450 at 4.65%$234.36
45,450 at 4.66%$234.63
45,450 at 4.67%$234.90
45,450 at 4.68%$235.17
45,450 at 4.69%$235.45
45,450 at 4.7%$235.72
45,450 at 4.71%$235.99
45,450 at 4.72%$236.27
45,450 at 4.73%$236.54
45,450 at 4.74%$236.81
45,450 at 4.75%$237.09
45,450 at 4.76%$237.36
45,450 at 4.77%$237.64
45,450 at 4.78%$237.91
45,450 at 4.79%$238.19
45,450 at 4.8%$238.46
45,450 at 4.81%$238.74
45,450 at 4.82%$239.01
45,450 at 4.83%$239.29
45,450 at 4.84%$239.56
45,450 at 4.85%$239.84
45,450 at 4.86%$240.11
45,450 at 4.87%$240.39
45,450 at 4.88%$240.66
45,450 at 4.89%$240.94
45,450 at 4.9%$241.22
45,450 at 4.91%$241.49
45,450 at 4.92%$241.77
45,450 at 4.93%$242.04
45,450 at 4.94%$242.32
45,450 at 4.95%$242.60
45,450 at 4.96%$242.88
45,450 at 4.97%$243.15
45,450 at 4.98%$243.43
45,450 at 4.99%$243.71
45,450 at 5%$243.99
Interest Rate 30 Year
45,450 at 5.01%$244.26
45,450 at 5.02%$244.54
45,450 at 5.03%$244.82
45,450 at 5.04%$245.10
45,450 at 5.05%$245.38
45,450 at 5.06%$245.65
45,450 at 5.07%$245.93
45,450 at 5.08%$246.21
45,450 at 5.09%$246.49
45,450 at 5.1%$246.77
45,450 at 5.11%$247.05
45,450 at 5.12%$247.33
45,450 at 5.13%$247.61
45,450 at 5.14%$247.89
45,450 at 5.15%$248.17
45,450 at 5.16%$248.45
45,450 at 5.17%$248.73
45,450 at 5.18%$249.01
45,450 at 5.19%$249.29
45,450 at 5.2%$249.57
45,450 at 5.21%$249.85
45,450 at 5.22%$250.13
45,450 at 5.23%$250.41
45,450 at 5.24%$250.70
45,450 at 5.25%$250.98
45,450 at 5.26%$251.26
45,450 at 5.27%$251.54
45,450 at 5.28%$251.82
45,450 at 5.29%$252.10
45,450 at 5.3%$252.39
45,450 at 5.31%$252.67
45,450 at 5.32%$252.95
45,450 at 5.33%$253.23
45,450 at 5.34%$253.52
45,450 at 5.35%$253.80
45,450 at 5.36%$254.08
45,450 at 5.37%$254.37
45,450 at 5.38%$254.65
45,450 at 5.39%$254.93
45,450 at 5.4%$255.22
45,450 at 5.41%$255.50
45,450 at 5.42%$255.78
45,450 at 5.43%$256.07
45,450 at 5.44%$256.35
45,450 at 5.45%$256.64
45,450 at 5.46%$256.92
45,450 at 5.47%$257.21
45,450 at 5.48%$257.49
45,450 at 5.49%$257.78
45,450 at 5.5%$258.06
45,450 at 5.51%$258.35
45,450 at 5.52%$258.63
45,450 at 5.53%$258.92
45,450 at 5.54%$259.20
45,450 at 5.55%$259.49
45,450 at 5.56%$259.77
45,450 at 5.57%$260.06
45,450 at 5.58%$260.35
45,450 at 5.59%$260.63
45,450 at 5.6%$260.92
45,450 at 5.61%$261.21
45,450 at 5.62%$261.49
45,450 at 5.63%$261.78
45,450 at 5.64%$262.07
45,450 at 5.65%$262.35
45,450 at 5.66%$262.64
45,450 at 5.67%$262.93
45,450 at 5.68%$263.22
45,450 at 5.69%$263.50
45,450 at 5.7%$263.79
45,450 at 5.71%$264.08
45,450 at 5.72%$264.37
45,450 at 5.73%$264.66
45,450 at 5.74%$264.95
45,450 at 5.75%$265.23
45,450 at 5.76%$265.52
45,450 at 5.77%$265.81
45,450 at 5.78%$266.10
45,450 at 5.79%$266.39
45,450 at 5.8%$266.68
45,450 at 5.81%$266.97
45,450 at 5.82%$267.26
45,450 at 5.83%$267.55
45,450 at 5.84%$267.84
45,450 at 5.85%$268.13
45,450 at 5.86%$268.42
45,450 at 5.87%$268.71
45,450 at 5.88%$269.00
45,450 at 5.89%$269.29
45,450 at 5.9%$269.58
45,450 at 5.91%$269.87
45,450 at 5.92%$270.16
45,450 at 5.93%$270.45
45,450 at 5.94%$270.74
45,450 at 5.95%$271.04
45,450 at 5.96%$271.33
45,450 at 5.97%$271.62
45,450 at 5.98%$271.91
45,450 at 5.99%$272.20
45,450 at 6%$272.50
45,450 at 6.01%$272.79
45,450 at 6.02%$273.08
45,450 at 6.03%$273.37
45,450 at 6.04%$273.67
45,450 at 6.05%$273.96
45,450 at 6.06%$274.25
45,450 at 6.07%$274.54
45,450 at 6.08%$274.84
45,450 at 6.09%$275.13
45,450 at 6.1%$275.42
45,450 at 6.11%$275.72
45,450 at 6.12%$276.01
45,450 at 6.13%$276.31
45,450 at 6.14%$276.60
45,450 at 6.15%$276.89
45,450 at 6.16%$277.19
45,450 at 6.17%$277.48
45,450 at 6.18%$277.78
45,450 at 6.19%$278.07
45,450 at 6.2%$278.37
45,450 at 6.21%$278.66
45,450 at 6.22%$278.96
45,450 at 6.23%$279.25
45,450 at 6.24%$279.55
45,450 at 6.25%$279.84
45,450 at 6.26%$280.14
45,450 at 6.27%$280.43
45,450 at 6.28%$280.73
45,450 at 6.29%$281.03
45,450 at 6.3%$281.32
45,450 at 6.31%$281.62
45,450 at 6.32%$281.92
45,450 at 6.33%$282.21
45,450 at 6.34%$282.51
45,450 at 6.35%$282.81
45,450 at 6.36%$283.10
45,450 at 6.37%$283.40
45,450 at 6.38%$283.70
45,450 at 6.39%$283.99
45,450 at 6.4%$284.29
45,450 at 6.41%$284.59
45,450 at 6.42%$284.89
45,450 at 6.43%$285.19
45,450 at 6.44%$285.48
45,450 at 6.45%$285.78
45,450 at 6.46%$286.08
45,450 at 6.47%$286.38
45,450 at 6.48%$286.68
45,450 at 6.49%$286.98
45,450 at 6.5%$287.27
Interest Rate 30 Year
45,450 at 6.51%$287.57
45,450 at 6.52%$287.87
45,450 at 6.53%$288.17
45,450 at 6.54%$288.47
45,450 at 6.55%$288.77
45,450 at 6.56%$289.07
45,450 at 6.57%$289.37
45,450 at 6.58%$289.67
45,450 at 6.59%$289.97
45,450 at 6.6%$290.27
45,450 at 6.61%$290.57
45,450 at 6.62%$290.87
45,450 at 6.63%$291.17
45,450 at 6.64%$291.47
45,450 at 6.65%$291.77
45,450 at 6.66%$292.07
45,450 at 6.67%$292.37
45,450 at 6.68%$292.68
45,450 at 6.69%$292.98
45,450 at 6.7%$293.28
45,450 at 6.71%$293.58
45,450 at 6.72%$293.88
45,450 at 6.73%$294.18
45,450 at 6.74%$294.49
45,450 at 6.75%$294.79
45,450 at 6.76%$295.09
45,450 at 6.77%$295.39
45,450 at 6.78%$295.69
45,450 at 6.79%$296.00
45,450 at 6.8%$296.30
45,450 at 6.81%$296.60
45,450 at 6.82%$296.91
45,450 at 6.83%$297.21
45,450 at 6.84%$297.51
45,450 at 6.85%$297.82
45,450 at 6.86%$298.12
45,450 at 6.87%$298.42
45,450 at 6.88%$298.73
45,450 at 6.89%$299.03
45,450 at 6.9%$299.33
45,450 at 6.91%$299.64
45,450 at 6.92%$299.94
45,450 at 6.93%$300.25
45,450 at 6.94%$300.55
45,450 at 6.95%$300.86
45,450 at 6.96%$301.16
45,450 at 6.97%$301.46
45,450 at 6.98%$301.77
45,450 at 6.99%$302.07
45,450 at 7%$302.38
45,450 at 7.01%$302.69
45,450 at 7.02%$302.99
45,450 at 7.03%$303.30
45,450 at 7.04%$303.60
45,450 at 7.05%$303.91
45,450 at 7.06%$304.21
45,450 at 7.07%$304.52
45,450 at 7.08%$304.83
45,450 at 7.09%$305.13
45,450 at 7.1%$305.44
45,450 at 7.11%$305.75
45,450 at 7.12%$306.05
45,450 at 7.13%$306.36
45,450 at 7.14%$306.67
45,450 at 7.15%$306.97
45,450 at 7.16%$307.28
45,450 at 7.17%$307.59
45,450 at 7.18%$307.89
45,450 at 7.19%$308.20
45,450 at 7.2%$308.51
45,450 at 7.21%$308.82
45,450 at 7.22%$309.12
45,450 at 7.23%$309.43
45,450 at 7.24%$309.74
45,450 at 7.25%$310.05
45,450 at 7.26%$310.36
45,450 at 7.27%$310.67
45,450 at 7.28%$310.97
45,450 at 7.29%$311.28
45,450 at 7.3%$311.59
45,450 at 7.31%$311.90
45,450 at 7.32%$312.21
45,450 at 7.33%$312.52
45,450 at 7.34%$312.83
45,450 at 7.35%$313.14
45,450 at 7.36%$313.45
45,450 at 7.37%$313.76
45,450 at 7.38%$314.07
45,450 at 7.39%$314.38
45,450 at 7.4%$314.69
45,450 at 7.41%$315.00
45,450 at 7.42%$315.31
45,450 at 7.43%$315.62
45,450 at 7.44%$315.93
45,450 at 7.45%$316.24
45,450 at 7.46%$316.55
45,450 at 7.47%$316.86
45,450 at 7.48%$317.17
45,450 at 7.49%$317.48
45,450 at 7.5%$317.79
45,450 at 7.51%$318.10
45,450 at 7.52%$318.42
45,450 at 7.53%$318.73
45,450 at 7.54%$319.04
45,450 at 7.55%$319.35
45,450 at 7.56%$319.66
45,450 at 7.57%$319.97
45,450 at 7.58%$320.29
45,450 at 7.59%$320.60
45,450 at 7.6%$320.91
45,450 at 7.61%$321.22
45,450 at 7.62%$321.54
45,450 at 7.63%$321.85
45,450 at 7.64%$322.16
45,450 at 7.65%$322.47
45,450 at 7.66%$322.79
45,450 at 7.67%$323.10
45,450 at 7.68%$323.41
45,450 at 7.69%$323.73
45,450 at 7.7%$324.04
45,450 at 7.71%$324.35
45,450 at 7.72%$324.67
45,450 at 7.73%$324.98
45,450 at 7.74%$325.30
45,450 at 7.75%$325.61
45,450 at 7.76%$325.92
45,450 at 7.77%$326.24
45,450 at 7.78%$326.55
45,450 at 7.79%$326.87
45,450 at 7.8%$327.18
45,450 at 7.81%$327.50
45,450 at 7.82%$327.81
45,450 at 7.83%$328.13
45,450 at 7.84%$328.44
45,450 at 7.85%$328.76
45,450 at 7.86%$329.07
45,450 at 7.87%$329.39
45,450 at 7.88%$329.70
45,450 at 7.89%$330.02
45,450 at 7.9%$330.33
45,450 at 7.91%$330.65
45,450 at 7.92%$330.96
45,450 at 7.93%$331.28
45,450 at 7.94%$331.60
45,450 at 7.95%$331.91
45,450 at 7.96%$332.23
45,450 at 7.97%$332.55
45,450 at 7.98%$332.86
45,450 at 7.99%$333.18
45,450 at 8%$333.50
More Amounts
What is the down payment for a $45,450 house? How much do you need to put down?
Percent Down Down Payment
1%455
2%909
3%1,364
4%1,818
5%2,273
6%2,727
7%3,182
8%3,636
9%4,091
10%4,545
11%5,000
12%5,454
13%5,909
14%6,363
15%6,818
16%7,272
17%7,727
18%8,181
19%8,636
20%9,090
Percent Down Down Payment
21%9,545
22%9,999
23%10,454
24%10,908
25%11,363
26%11,817
27%12,272
28%12,726
29%13,181
30%13,635
31%14,090
32%14,544
33%14,999
34%15,453
35%15,908
36%16,362
37%16,817
38%17,271
39%17,726
40%18,180
Percent Down Down Payment
41%18,635
42%19,089
43%19,544
44%19,998
45%20,453
46%20,907
47%21,362
48%21,816
49%22,271
50%22,725
51%23,180
52%23,634
53%24,089
54%24,543
55%24,998
56%25,452
57%25,907
58%26,361
59%26,816
60%27,270
Percent Down Down Payment
61%27,725
62%28,179
63%28,634
64%29,088
65%29,543
66%29,997
67%30,452
68%30,906
69%31,361
70%31,815
71%32,270
72%32,724
73%33,179
74%33,633
75%34,088
76%34,542
77%34,997
78%35,451
79%35,906
80%36,360
Percent Down Down Payment
81%36,815
82%37,269
83%37,724
84%38,178
85%38,633
86%39,087
87%39,542
88%39,996
89%40,451
90%40,905
91%41,360
92%41,814
93%42,269
94%42,723
95%43,178
96%43,632
97%44,087
98%44,541
99%44,996
100%45,450
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.