$46,700 Mortgage for 30 Years

What is the monthly payment of a 46,700 dollar loan?
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Loan Tables for a $46,700 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 47k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $46,700 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
46,700 at 2.01%$172.85
46,700 at 2.02%$173.08
46,700 at 2.03%$173.31
46,700 at 2.04%$173.55
46,700 at 2.05%$173.78
46,700 at 2.06%$174.02
46,700 at 2.07%$174.25
46,700 at 2.08%$174.49
46,700 at 2.09%$174.72
46,700 at 2.1%$174.96
46,700 at 2.11%$175.19
46,700 at 2.12%$175.43
46,700 at 2.13%$175.66
46,700 at 2.14%$175.90
46,700 at 2.15%$176.14
46,700 at 2.16%$176.37
46,700 at 2.17%$176.61
46,700 at 2.18%$176.85
46,700 at 2.19%$177.08
46,700 at 2.2%$177.32
46,700 at 2.21%$177.56
46,700 at 2.22%$177.80
46,700 at 2.23%$178.03
46,700 at 2.24%$178.27
46,700 at 2.25%$178.51
46,700 at 2.26%$178.75
46,700 at 2.27%$178.99
46,700 at 2.28%$179.22
46,700 at 2.29%$179.46
46,700 at 2.3%$179.70
46,700 at 2.31%$179.94
46,700 at 2.32%$180.18
46,700 at 2.33%$180.42
46,700 at 2.34%$180.66
46,700 at 2.35%$180.90
46,700 at 2.36%$181.14
46,700 at 2.37%$181.38
46,700 at 2.38%$181.62
46,700 at 2.39%$181.86
46,700 at 2.4%$182.10
46,700 at 2.41%$182.34
46,700 at 2.42%$182.58
46,700 at 2.43%$182.83
46,700 at 2.44%$183.07
46,700 at 2.45%$183.31
46,700 at 2.46%$183.55
46,700 at 2.47%$183.79
46,700 at 2.48%$184.04
46,700 at 2.49%$184.28
46,700 at 2.5%$184.52
46,700 at 2.51%$184.76
46,700 at 2.52%$185.01
46,700 at 2.53%$185.25
46,700 at 2.54%$185.49
46,700 at 2.55%$185.74
46,700 at 2.56%$185.98
46,700 at 2.57%$186.23
46,700 at 2.58%$186.47
46,700 at 2.59%$186.71
46,700 at 2.6%$186.96
46,700 at 2.61%$187.20
46,700 at 2.62%$187.45
46,700 at 2.63%$187.69
46,700 at 2.64%$187.94
46,700 at 2.65%$188.18
46,700 at 2.66%$188.43
46,700 at 2.67%$188.68
46,700 at 2.68%$188.92
46,700 at 2.69%$189.17
46,700 at 2.7%$189.41
46,700 at 2.71%$189.66
46,700 at 2.72%$189.91
46,700 at 2.73%$190.15
46,700 at 2.74%$190.40
46,700 at 2.75%$190.65
46,700 at 2.76%$190.90
46,700 at 2.77%$191.14
46,700 at 2.78%$191.39
46,700 at 2.79%$191.64
46,700 at 2.8%$191.89
46,700 at 2.81%$192.14
46,700 at 2.82%$192.38
46,700 at 2.83%$192.63
46,700 at 2.84%$192.88
46,700 at 2.85%$193.13
46,700 at 2.86%$193.38
46,700 at 2.87%$193.63
46,700 at 2.88%$193.88
46,700 at 2.89%$194.13
46,700 at 2.9%$194.38
46,700 at 2.91%$194.63
46,700 at 2.92%$194.88
46,700 at 2.93%$195.13
46,700 at 2.94%$195.38
46,700 at 2.95%$195.63
46,700 at 2.96%$195.88
46,700 at 2.97%$196.13
46,700 at 2.98%$196.39
46,700 at 2.99%$196.64
46,700 at 3%$196.89
46,700 at 3.01%$197.14
46,700 at 3.02%$197.39
46,700 at 3.03%$197.65
46,700 at 3.04%$197.90
46,700 at 3.05%$198.15
46,700 at 3.06%$198.40
46,700 at 3.07%$198.66
46,700 at 3.08%$198.91
46,700 at 3.09%$199.16
46,700 at 3.1%$199.42
46,700 at 3.11%$199.67
46,700 at 3.12%$199.92
46,700 at 3.13%$200.18
46,700 at 3.14%$200.43
46,700 at 3.15%$200.69
46,700 at 3.16%$200.94
46,700 at 3.17%$201.20
46,700 at 3.18%$201.45
46,700 at 3.19%$201.71
46,700 at 3.2%$201.96
46,700 at 3.21%$202.22
46,700 at 3.22%$202.47
46,700 at 3.23%$202.73
46,700 at 3.24%$202.99
46,700 at 3.25%$203.24
46,700 at 3.26%$203.50
46,700 at 3.27%$203.75
46,700 at 3.28%$204.01
46,700 at 3.29%$204.27
46,700 at 3.3%$204.53
46,700 at 3.31%$204.78
46,700 at 3.32%$205.04
46,700 at 3.33%$205.30
46,700 at 3.34%$205.56
46,700 at 3.35%$205.81
46,700 at 3.36%$206.07
46,700 at 3.37%$206.33
46,700 at 3.38%$206.59
46,700 at 3.39%$206.85
46,700 at 3.4%$207.11
46,700 at 3.41%$207.36
46,700 at 3.42%$207.62
46,700 at 3.43%$207.88
46,700 at 3.44%$208.14
46,700 at 3.45%$208.40
46,700 at 3.46%$208.66
46,700 at 3.47%$208.92
46,700 at 3.48%$209.18
46,700 at 3.49%$209.44
46,700 at 3.5%$209.70
Interest Rate 30 Year
46,700 at 3.51%$209.96
46,700 at 3.52%$210.23
46,700 at 3.53%$210.49
46,700 at 3.54%$210.75
46,700 at 3.55%$211.01
46,700 at 3.56%$211.27
46,700 at 3.57%$211.53
46,700 at 3.58%$211.79
46,700 at 3.59%$212.06
46,700 at 3.6%$212.32
46,700 at 3.61%$212.58
46,700 at 3.62%$212.84
46,700 at 3.63%$213.11
46,700 at 3.64%$213.37
46,700 at 3.65%$213.63
46,700 at 3.66%$213.90
46,700 at 3.67%$214.16
46,700 at 3.68%$214.42
46,700 at 3.69%$214.69
46,700 at 3.7%$214.95
46,700 at 3.71%$215.22
46,700 at 3.72%$215.48
46,700 at 3.73%$215.75
46,700 at 3.74%$216.01
46,700 at 3.75%$216.27
46,700 at 3.76%$216.54
46,700 at 3.77%$216.81
46,700 at 3.78%$217.07
46,700 at 3.79%$217.34
46,700 at 3.8%$217.60
46,700 at 3.81%$217.87
46,700 at 3.82%$218.13
46,700 at 3.83%$218.40
46,700 at 3.84%$218.67
46,700 at 3.85%$218.93
46,700 at 3.86%$219.20
46,700 at 3.87%$219.47
46,700 at 3.88%$219.73
46,700 at 3.89%$220.00
46,700 at 3.9%$220.27
46,700 at 3.91%$220.54
46,700 at 3.92%$220.80
46,700 at 3.93%$221.07
46,700 at 3.94%$221.34
46,700 at 3.95%$221.61
46,700 at 3.96%$221.88
46,700 at 3.97%$222.15
46,700 at 3.98%$222.41
46,700 at 3.99%$222.68
46,700 at 4%$222.95
46,700 at 4.01%$223.22
46,700 at 4.02%$223.49
46,700 at 4.03%$223.76
46,700 at 4.04%$224.03
46,700 at 4.05%$224.30
46,700 at 4.06%$224.57
46,700 at 4.07%$224.84
46,700 at 4.08%$225.11
46,700 at 4.09%$225.38
46,700 at 4.1%$225.65
46,700 at 4.11%$225.92
46,700 at 4.12%$226.20
46,700 at 4.13%$226.47
46,700 at 4.14%$226.74
46,700 at 4.15%$227.01
46,700 at 4.16%$227.28
46,700 at 4.17%$227.55
46,700 at 4.18%$227.83
46,700 at 4.19%$228.10
46,700 at 4.2%$228.37
46,700 at 4.21%$228.64
46,700 at 4.22%$228.92
46,700 at 4.23%$229.19
46,700 at 4.24%$229.46
46,700 at 4.25%$229.74
46,700 at 4.26%$230.01
46,700 at 4.27%$230.28
46,700 at 4.28%$230.56
46,700 at 4.29%$230.83
46,700 at 4.3%$231.10
46,700 at 4.31%$231.38
46,700 at 4.32%$231.65
46,700 at 4.33%$231.93
46,700 at 4.34%$232.20
46,700 at 4.35%$232.48
46,700 at 4.36%$232.75
46,700 at 4.37%$233.03
46,700 at 4.38%$233.30
46,700 at 4.39%$233.58
46,700 at 4.4%$233.86
46,700 at 4.41%$234.13
46,700 at 4.42%$234.41
46,700 at 4.43%$234.68
46,700 at 4.44%$234.96
46,700 at 4.45%$235.24
46,700 at 4.46%$235.51
46,700 at 4.47%$235.79
46,700 at 4.48%$236.07
46,700 at 4.49%$236.34
46,700 at 4.5%$236.62
46,700 at 4.51%$236.90
46,700 at 4.52%$237.18
46,700 at 4.53%$237.46
46,700 at 4.54%$237.73
46,700 at 4.55%$238.01
46,700 at 4.56%$238.29
46,700 at 4.57%$238.57
46,700 at 4.58%$238.85
46,700 at 4.59%$239.13
46,700 at 4.6%$239.40
46,700 at 4.61%$239.68
46,700 at 4.62%$239.96
46,700 at 4.63%$240.24
46,700 at 4.64%$240.52
46,700 at 4.65%$240.80
46,700 at 4.66%$241.08
46,700 at 4.67%$241.36
46,700 at 4.68%$241.64
46,700 at 4.69%$241.92
46,700 at 4.7%$242.20
46,700 at 4.71%$242.48
46,700 at 4.72%$242.77
46,700 at 4.73%$243.05
46,700 at 4.74%$243.33
46,700 at 4.75%$243.61
46,700 at 4.76%$243.89
46,700 at 4.77%$244.17
46,700 at 4.78%$244.45
46,700 at 4.79%$244.74
46,700 at 4.8%$245.02
46,700 at 4.81%$245.30
46,700 at 4.82%$245.58
46,700 at 4.83%$245.87
46,700 at 4.84%$246.15
46,700 at 4.85%$246.43
46,700 at 4.86%$246.72
46,700 at 4.87%$247.00
46,700 at 4.88%$247.28
46,700 at 4.89%$247.57
46,700 at 4.9%$247.85
46,700 at 4.91%$248.13
46,700 at 4.92%$248.42
46,700 at 4.93%$248.70
46,700 at 4.94%$248.99
46,700 at 4.95%$249.27
46,700 at 4.96%$249.56
46,700 at 4.97%$249.84
46,700 at 4.98%$250.13
46,700 at 4.99%$250.41
46,700 at 5%$250.70
Interest Rate 30 Year
46,700 at 5.01%$250.98
46,700 at 5.02%$251.27
46,700 at 5.03%$251.55
46,700 at 5.04%$251.84
46,700 at 5.05%$252.12
46,700 at 5.06%$252.41
46,700 at 5.07%$252.70
46,700 at 5.08%$252.98
46,700 at 5.09%$253.27
46,700 at 5.1%$253.56
46,700 at 5.11%$253.84
46,700 at 5.12%$254.13
46,700 at 5.13%$254.42
46,700 at 5.14%$254.71
46,700 at 5.15%$254.99
46,700 at 5.16%$255.28
46,700 at 5.17%$255.57
46,700 at 5.18%$255.86
46,700 at 5.19%$256.15
46,700 at 5.2%$256.43
46,700 at 5.21%$256.72
46,700 at 5.22%$257.01
46,700 at 5.23%$257.30
46,700 at 5.24%$257.59
46,700 at 5.25%$257.88
46,700 at 5.26%$258.17
46,700 at 5.27%$258.46
46,700 at 5.28%$258.75
46,700 at 5.29%$259.04
46,700 at 5.3%$259.33
46,700 at 5.31%$259.62
46,700 at 5.32%$259.91
46,700 at 5.33%$260.20
46,700 at 5.34%$260.49
46,700 at 5.35%$260.78
46,700 at 5.36%$261.07
46,700 at 5.37%$261.36
46,700 at 5.38%$261.65
46,700 at 5.39%$261.94
46,700 at 5.4%$262.23
46,700 at 5.41%$262.53
46,700 at 5.42%$262.82
46,700 at 5.43%$263.11
46,700 at 5.44%$263.40
46,700 at 5.45%$263.69
46,700 at 5.46%$263.99
46,700 at 5.47%$264.28
46,700 at 5.48%$264.57
46,700 at 5.49%$264.86
46,700 at 5.5%$265.16
46,700 at 5.51%$265.45
46,700 at 5.52%$265.74
46,700 at 5.53%$266.04
46,700 at 5.54%$266.33
46,700 at 5.55%$266.62
46,700 at 5.56%$266.92
46,700 at 5.57%$267.21
46,700 at 5.58%$267.51
46,700 at 5.59%$267.80
46,700 at 5.6%$268.09
46,700 at 5.61%$268.39
46,700 at 5.62%$268.68
46,700 at 5.63%$268.98
46,700 at 5.64%$269.27
46,700 at 5.65%$269.57
46,700 at 5.66%$269.86
46,700 at 5.67%$270.16
46,700 at 5.68%$270.46
46,700 at 5.69%$270.75
46,700 at 5.7%$271.05
46,700 at 5.71%$271.34
46,700 at 5.72%$271.64
46,700 at 5.73%$271.94
46,700 at 5.74%$272.23
46,700 at 5.75%$272.53
46,700 at 5.76%$272.83
46,700 at 5.77%$273.12
46,700 at 5.78%$273.42
46,700 at 5.79%$273.72
46,700 at 5.8%$274.01
46,700 at 5.81%$274.31
46,700 at 5.82%$274.61
46,700 at 5.83%$274.91
46,700 at 5.84%$275.20
46,700 at 5.85%$275.50
46,700 at 5.86%$275.80
46,700 at 5.87%$276.10
46,700 at 5.88%$276.40
46,700 at 5.89%$276.70
46,700 at 5.9%$276.99
46,700 at 5.91%$277.29
46,700 at 5.92%$277.59
46,700 at 5.93%$277.89
46,700 at 5.94%$278.19
46,700 at 5.95%$278.49
46,700 at 5.96%$278.79
46,700 at 5.97%$279.09
46,700 at 5.98%$279.39
46,700 at 5.99%$279.69
46,700 at 6%$279.99
46,700 at 6.01%$280.29
46,700 at 6.02%$280.59
46,700 at 6.03%$280.89
46,700 at 6.04%$281.19
46,700 at 6.05%$281.49
46,700 at 6.06%$281.79
46,700 at 6.07%$282.10
46,700 at 6.08%$282.40
46,700 at 6.09%$282.70
46,700 at 6.1%$283.00
46,700 at 6.11%$283.30
46,700 at 6.12%$283.60
46,700 at 6.13%$283.91
46,700 at 6.14%$284.21
46,700 at 6.15%$284.51
46,700 at 6.16%$284.81
46,700 at 6.17%$285.11
46,700 at 6.18%$285.42
46,700 at 6.19%$285.72
46,700 at 6.2%$286.02
46,700 at 6.21%$286.33
46,700 at 6.22%$286.63
46,700 at 6.23%$286.93
46,700 at 6.24%$287.24
46,700 at 6.25%$287.54
46,700 at 6.26%$287.84
46,700 at 6.27%$288.15
46,700 at 6.28%$288.45
46,700 at 6.29%$288.76
46,700 at 6.3%$289.06
46,700 at 6.31%$289.36
46,700 at 6.32%$289.67
46,700 at 6.33%$289.97
46,700 at 6.34%$290.28
46,700 at 6.35%$290.58
46,700 at 6.36%$290.89
46,700 at 6.37%$291.19
46,700 at 6.38%$291.50
46,700 at 6.39%$291.81
46,700 at 6.4%$292.11
46,700 at 6.41%$292.42
46,700 at 6.42%$292.72
46,700 at 6.43%$293.03
46,700 at 6.44%$293.34
46,700 at 6.45%$293.64
46,700 at 6.46%$293.95
46,700 at 6.47%$294.26
46,700 at 6.48%$294.56
46,700 at 6.49%$294.87
46,700 at 6.5%$295.18
Interest Rate 30 Year
46,700 at 6.51%$295.48
46,700 at 6.52%$295.79
46,700 at 6.53%$296.10
46,700 at 6.54%$296.41
46,700 at 6.55%$296.71
46,700 at 6.56%$297.02
46,700 at 6.57%$297.33
46,700 at 6.58%$297.64
46,700 at 6.59%$297.95
46,700 at 6.6%$298.25
46,700 at 6.61%$298.56
46,700 at 6.62%$298.87
46,700 at 6.63%$299.18
46,700 at 6.64%$299.49
46,700 at 6.65%$299.80
46,700 at 6.66%$300.11
46,700 at 6.67%$300.42
46,700 at 6.68%$300.73
46,700 at 6.69%$301.04
46,700 at 6.7%$301.34
46,700 at 6.71%$301.65
46,700 at 6.72%$301.96
46,700 at 6.73%$302.27
46,700 at 6.74%$302.58
46,700 at 6.75%$302.90
46,700 at 6.76%$303.21
46,700 at 6.77%$303.52
46,700 at 6.78%$303.83
46,700 at 6.79%$304.14
46,700 at 6.8%$304.45
46,700 at 6.81%$304.76
46,700 at 6.82%$305.07
46,700 at 6.83%$305.38
46,700 at 6.84%$305.69
46,700 at 6.85%$306.01
46,700 at 6.86%$306.32
46,700 at 6.87%$306.63
46,700 at 6.88%$306.94
46,700 at 6.89%$307.25
46,700 at 6.9%$307.57
46,700 at 6.91%$307.88
46,700 at 6.92%$308.19
46,700 at 6.93%$308.50
46,700 at 6.94%$308.82
46,700 at 6.95%$309.13
46,700 at 6.96%$309.44
46,700 at 6.97%$309.76
46,700 at 6.98%$310.07
46,700 at 6.99%$310.38
46,700 at 7%$310.70
46,700 at 7.01%$311.01
46,700 at 7.02%$311.32
46,700 at 7.03%$311.64
46,700 at 7.04%$311.95
46,700 at 7.05%$312.27
46,700 at 7.06%$312.58
46,700 at 7.07%$312.89
46,700 at 7.08%$313.21
46,700 at 7.09%$313.52
46,700 at 7.1%$313.84
46,700 at 7.11%$314.15
46,700 at 7.12%$314.47
46,700 at 7.13%$314.78
46,700 at 7.14%$315.10
46,700 at 7.15%$315.41
46,700 at 7.16%$315.73
46,700 at 7.17%$316.05
46,700 at 7.18%$316.36
46,700 at 7.19%$316.68
46,700 at 7.2%$316.99
46,700 at 7.21%$317.31
46,700 at 7.22%$317.63
46,700 at 7.23%$317.94
46,700 at 7.24%$318.26
46,700 at 7.25%$318.58
46,700 at 7.26%$318.89
46,700 at 7.27%$319.21
46,700 at 7.28%$319.53
46,700 at 7.29%$319.84
46,700 at 7.3%$320.16
46,700 at 7.31%$320.48
46,700 at 7.32%$320.80
46,700 at 7.33%$321.11
46,700 at 7.34%$321.43
46,700 at 7.35%$321.75
46,700 at 7.36%$322.07
46,700 at 7.37%$322.39
46,700 at 7.38%$322.70
46,700 at 7.39%$323.02
46,700 at 7.4%$323.34
46,700 at 7.41%$323.66
46,700 at 7.42%$323.98
46,700 at 7.43%$324.30
46,700 at 7.44%$324.62
46,700 at 7.45%$324.94
46,700 at 7.46%$325.26
46,700 at 7.47%$325.57
46,700 at 7.48%$325.89
46,700 at 7.49%$326.21
46,700 at 7.5%$326.53
46,700 at 7.51%$326.85
46,700 at 7.52%$327.17
46,700 at 7.53%$327.49
46,700 at 7.54%$327.81
46,700 at 7.55%$328.13
46,700 at 7.56%$328.45
46,700 at 7.57%$328.77
46,700 at 7.58%$329.10
46,700 at 7.59%$329.42
46,700 at 7.6%$329.74
46,700 at 7.61%$330.06
46,700 at 7.62%$330.38
46,700 at 7.63%$330.70
46,700 at 7.64%$331.02
46,700 at 7.65%$331.34
46,700 at 7.66%$331.66
46,700 at 7.67%$331.99
46,700 at 7.68%$332.31
46,700 at 7.69%$332.63
46,700 at 7.7%$332.95
46,700 at 7.71%$333.27
46,700 at 7.72%$333.60
46,700 at 7.73%$333.92
46,700 at 7.74%$334.24
46,700 at 7.75%$334.56
46,700 at 7.76%$334.89
46,700 at 7.77%$335.21
46,700 at 7.78%$335.53
46,700 at 7.79%$335.86
46,700 at 7.8%$336.18
46,700 at 7.81%$336.50
46,700 at 7.82%$336.83
46,700 at 7.83%$337.15
46,700 at 7.84%$337.47
46,700 at 7.85%$337.80
46,700 at 7.86%$338.12
46,700 at 7.87%$338.45
46,700 at 7.88%$338.77
46,700 at 7.89%$339.09
46,700 at 7.9%$339.42
46,700 at 7.91%$339.74
46,700 at 7.92%$340.07
46,700 at 7.93%$340.39
46,700 at 7.94%$340.72
46,700 at 7.95%$341.04
46,700 at 7.96%$341.37
46,700 at 7.97%$341.69
46,700 at 7.98%$342.02
46,700 at 7.99%$342.34
46,700 at 8%$342.67
More Amounts
What is the down payment for a $46,700 house? How much do you need to put down?
Percent Down Down Payment
1%467
2%934
3%1,401
4%1,868
5%2,335
6%2,802
7%3,269
8%3,736
9%4,203
10%4,670
11%5,137
12%5,604
13%6,071
14%6,538
15%7,005
16%7,472
17%7,939
18%8,406
19%8,873
20%9,340
Percent Down Down Payment
21%9,807
22%10,274
23%10,741
24%11,208
25%11,675
26%12,142
27%12,609
28%13,076
29%13,543
30%14,010
31%14,477
32%14,944
33%15,411
34%15,878
35%16,345
36%16,812
37%17,279
38%17,746
39%18,213
40%18,680
Percent Down Down Payment
41%19,147
42%19,614
43%20,081
44%20,548
45%21,015
46%21,482
47%21,949
48%22,416
49%22,883
50%23,350
51%23,817
52%24,284
53%24,751
54%25,218
55%25,685
56%26,152
57%26,619
58%27,086
59%27,553
60%28,020
Percent Down Down Payment
61%28,487
62%28,954
63%29,421
64%29,888
65%30,355
66%30,822
67%31,289
68%31,756
69%32,223
70%32,690
71%33,157
72%33,624
73%34,091
74%34,558
75%35,025
76%35,492
77%35,959
78%36,426
79%36,893
80%37,360
Percent Down Down Payment
81%37,827
82%38,294
83%38,761
84%39,228
85%39,695
86%40,162
87%40,629
88%41,096
89%41,563
90%42,030
91%42,497
92%42,964
93%43,431
94%43,898
95%44,365
96%44,832
97%45,299
98%45,766
99%46,233
100%46,700
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.