$47,450 Mortgage for 30 Years

What is the monthly payment of a 47,450 dollar loan?
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Loan Tables for a $47,450 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 $47,450 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
47,450 at 2.01%$175.62
47,450 at 2.02%$175.86
47,450 at 2.03%$176.10
47,450 at 2.04%$176.34
47,450 at 2.05%$176.57
47,450 at 2.06%$176.81
47,450 at 2.07%$177.05
47,450 at 2.08%$177.29
47,450 at 2.09%$177.53
47,450 at 2.1%$177.77
47,450 at 2.11%$178.01
47,450 at 2.12%$178.25
47,450 at 2.13%$178.49
47,450 at 2.14%$178.73
47,450 at 2.15%$178.97
47,450 at 2.16%$179.21
47,450 at 2.17%$179.45
47,450 at 2.18%$179.69
47,450 at 2.19%$179.93
47,450 at 2.2%$180.17
47,450 at 2.21%$180.41
47,450 at 2.22%$180.65
47,450 at 2.23%$180.89
47,450 at 2.24%$181.13
47,450 at 2.25%$181.38
47,450 at 2.26%$181.62
47,450 at 2.27%$181.86
47,450 at 2.28%$182.10
47,450 at 2.29%$182.35
47,450 at 2.3%$182.59
47,450 at 2.31%$182.83
47,450 at 2.32%$183.07
47,450 at 2.33%$183.32
47,450 at 2.34%$183.56
47,450 at 2.35%$183.81
47,450 at 2.36%$184.05
47,450 at 2.37%$184.29
47,450 at 2.38%$184.54
47,450 at 2.39%$184.78
47,450 at 2.4%$185.03
47,450 at 2.41%$185.27
47,450 at 2.42%$185.52
47,450 at 2.43%$185.76
47,450 at 2.44%$186.01
47,450 at 2.45%$186.25
47,450 at 2.46%$186.50
47,450 at 2.47%$186.75
47,450 at 2.48%$186.99
47,450 at 2.49%$187.24
47,450 at 2.5%$187.48
47,450 at 2.51%$187.73
47,450 at 2.52%$187.98
47,450 at 2.53%$188.23
47,450 at 2.54%$188.47
47,450 at 2.55%$188.72
47,450 at 2.56%$188.97
47,450 at 2.57%$189.22
47,450 at 2.58%$189.46
47,450 at 2.59%$189.71
47,450 at 2.6%$189.96
47,450 at 2.61%$190.21
47,450 at 2.62%$190.46
47,450 at 2.63%$190.71
47,450 at 2.64%$190.96
47,450 at 2.65%$191.21
47,450 at 2.66%$191.46
47,450 at 2.67%$191.71
47,450 at 2.68%$191.96
47,450 at 2.69%$192.21
47,450 at 2.7%$192.46
47,450 at 2.71%$192.71
47,450 at 2.72%$192.96
47,450 at 2.73%$193.21
47,450 at 2.74%$193.46
47,450 at 2.75%$193.71
47,450 at 2.76%$193.96
47,450 at 2.77%$194.21
47,450 at 2.78%$194.47
47,450 at 2.79%$194.72
47,450 at 2.8%$194.97
47,450 at 2.81%$195.22
47,450 at 2.82%$195.47
47,450 at 2.83%$195.73
47,450 at 2.84%$195.98
47,450 at 2.85%$196.23
47,450 at 2.86%$196.49
47,450 at 2.87%$196.74
47,450 at 2.88%$196.99
47,450 at 2.89%$197.25
47,450 at 2.9%$197.50
47,450 at 2.91%$197.76
47,450 at 2.92%$198.01
47,450 at 2.93%$198.26
47,450 at 2.94%$198.52
47,450 at 2.95%$198.77
47,450 at 2.96%$199.03
47,450 at 2.97%$199.28
47,450 at 2.98%$199.54
47,450 at 2.99%$199.80
47,450 at 3%$200.05
47,450 at 3.01%$200.31
47,450 at 3.02%$200.56
47,450 at 3.03%$200.82
47,450 at 3.04%$201.08
47,450 at 3.05%$201.33
47,450 at 3.06%$201.59
47,450 at 3.07%$201.85
47,450 at 3.08%$202.10
47,450 at 3.09%$202.36
47,450 at 3.1%$202.62
47,450 at 3.11%$202.88
47,450 at 3.12%$203.14
47,450 at 3.13%$203.39
47,450 at 3.14%$203.65
47,450 at 3.15%$203.91
47,450 at 3.16%$204.17
47,450 at 3.17%$204.43
47,450 at 3.18%$204.69
47,450 at 3.19%$204.95
47,450 at 3.2%$205.21
47,450 at 3.21%$205.47
47,450 at 3.22%$205.72
47,450 at 3.23%$205.98
47,450 at 3.24%$206.25
47,450 at 3.25%$206.51
47,450 at 3.26%$206.77
47,450 at 3.27%$207.03
47,450 at 3.28%$207.29
47,450 at 3.29%$207.55
47,450 at 3.3%$207.81
47,450 at 3.31%$208.07
47,450 at 3.32%$208.33
47,450 at 3.33%$208.59
47,450 at 3.34%$208.86
47,450 at 3.35%$209.12
47,450 at 3.36%$209.38
47,450 at 3.37%$209.64
47,450 at 3.38%$209.91
47,450 at 3.39%$210.17
47,450 at 3.4%$210.43
47,450 at 3.41%$210.70
47,450 at 3.42%$210.96
47,450 at 3.43%$211.22
47,450 at 3.44%$211.49
47,450 at 3.45%$211.75
47,450 at 3.46%$212.01
47,450 at 3.47%$212.28
47,450 at 3.48%$212.54
47,450 at 3.49%$212.81
47,450 at 3.5%$213.07
Interest Rate 30 Year
47,450 at 3.51%$213.34
47,450 at 3.52%$213.60
47,450 at 3.53%$213.87
47,450 at 3.54%$214.13
47,450 at 3.55%$214.40
47,450 at 3.56%$214.66
47,450 at 3.57%$214.93
47,450 at 3.58%$215.20
47,450 at 3.59%$215.46
47,450 at 3.6%$215.73
47,450 at 3.61%$216.00
47,450 at 3.62%$216.26
47,450 at 3.63%$216.53
47,450 at 3.64%$216.80
47,450 at 3.65%$217.06
47,450 at 3.66%$217.33
47,450 at 3.67%$217.60
47,450 at 3.68%$217.87
47,450 at 3.69%$218.14
47,450 at 3.7%$218.40
47,450 at 3.71%$218.67
47,450 at 3.72%$218.94
47,450 at 3.73%$219.21
47,450 at 3.74%$219.48
47,450 at 3.75%$219.75
47,450 at 3.76%$220.02
47,450 at 3.77%$220.29
47,450 at 3.78%$220.56
47,450 at 3.79%$220.83
47,450 at 3.8%$221.10
47,450 at 3.81%$221.37
47,450 at 3.82%$221.64
47,450 at 3.83%$221.91
47,450 at 3.84%$222.18
47,450 at 3.85%$222.45
47,450 at 3.86%$222.72
47,450 at 3.87%$222.99
47,450 at 3.88%$223.26
47,450 at 3.89%$223.53
47,450 at 3.9%$223.81
47,450 at 3.91%$224.08
47,450 at 3.92%$224.35
47,450 at 3.93%$224.62
47,450 at 3.94%$224.90
47,450 at 3.95%$225.17
47,450 at 3.96%$225.44
47,450 at 3.97%$225.71
47,450 at 3.98%$225.99
47,450 at 3.99%$226.26
47,450 at 4%$226.53
47,450 at 4.01%$226.81
47,450 at 4.02%$227.08
47,450 at 4.03%$227.35
47,450 at 4.04%$227.63
47,450 at 4.05%$227.90
47,450 at 4.06%$228.18
47,450 at 4.07%$228.45
47,450 at 4.08%$228.73
47,450 at 4.09%$229.00
47,450 at 4.1%$229.28
47,450 at 4.11%$229.55
47,450 at 4.12%$229.83
47,450 at 4.13%$230.10
47,450 at 4.14%$230.38
47,450 at 4.15%$230.66
47,450 at 4.16%$230.93
47,450 at 4.17%$231.21
47,450 at 4.18%$231.49
47,450 at 4.19%$231.76
47,450 at 4.2%$232.04
47,450 at 4.21%$232.32
47,450 at 4.22%$232.59
47,450 at 4.23%$232.87
47,450 at 4.24%$233.15
47,450 at 4.25%$233.43
47,450 at 4.26%$233.70
47,450 at 4.27%$233.98
47,450 at 4.28%$234.26
47,450 at 4.29%$234.54
47,450 at 4.3%$234.82
47,450 at 4.31%$235.10
47,450 at 4.32%$235.37
47,450 at 4.33%$235.65
47,450 at 4.34%$235.93
47,450 at 4.35%$236.21
47,450 at 4.36%$236.49
47,450 at 4.37%$236.77
47,450 at 4.38%$237.05
47,450 at 4.39%$237.33
47,450 at 4.4%$237.61
47,450 at 4.41%$237.89
47,450 at 4.42%$238.17
47,450 at 4.43%$238.45
47,450 at 4.44%$238.73
47,450 at 4.45%$239.01
47,450 at 4.46%$239.30
47,450 at 4.47%$239.58
47,450 at 4.48%$239.86
47,450 at 4.49%$240.14
47,450 at 4.5%$240.42
47,450 at 4.51%$240.70
47,450 at 4.52%$240.99
47,450 at 4.53%$241.27
47,450 at 4.54%$241.55
47,450 at 4.55%$241.83
47,450 at 4.56%$242.12
47,450 at 4.57%$242.40
47,450 at 4.58%$242.68
47,450 at 4.59%$242.97
47,450 at 4.6%$243.25
47,450 at 4.61%$243.53
47,450 at 4.62%$243.82
47,450 at 4.63%$244.10
47,450 at 4.64%$244.39
47,450 at 4.65%$244.67
47,450 at 4.66%$244.95
47,450 at 4.67%$245.24
47,450 at 4.68%$245.52
47,450 at 4.69%$245.81
47,450 at 4.7%$246.09
47,450 at 4.71%$246.38
47,450 at 4.72%$246.66
47,450 at 4.73%$246.95
47,450 at 4.74%$247.24
47,450 at 4.75%$247.52
47,450 at 4.76%$247.81
47,450 at 4.77%$248.09
47,450 at 4.78%$248.38
47,450 at 4.79%$248.67
47,450 at 4.8%$248.95
47,450 at 4.81%$249.24
47,450 at 4.82%$249.53
47,450 at 4.83%$249.81
47,450 at 4.84%$250.10
47,450 at 4.85%$250.39
47,450 at 4.86%$250.68
47,450 at 4.87%$250.97
47,450 at 4.88%$251.25
47,450 at 4.89%$251.54
47,450 at 4.9%$251.83
47,450 at 4.91%$252.12
47,450 at 4.92%$252.41
47,450 at 4.93%$252.70
47,450 at 4.94%$252.98
47,450 at 4.95%$253.27
47,450 at 4.96%$253.56
47,450 at 4.97%$253.85
47,450 at 4.98%$254.14
47,450 at 4.99%$254.43
47,450 at 5%$254.72
Interest Rate 30 Year
47,450 at 5.01%$255.01
47,450 at 5.02%$255.30
47,450 at 5.03%$255.59
47,450 at 5.04%$255.88
47,450 at 5.05%$256.17
47,450 at 5.06%$256.46
47,450 at 5.07%$256.76
47,450 at 5.08%$257.05
47,450 at 5.09%$257.34
47,450 at 5.1%$257.63
47,450 at 5.11%$257.92
47,450 at 5.12%$258.21
47,450 at 5.13%$258.51
47,450 at 5.14%$258.80
47,450 at 5.15%$259.09
47,450 at 5.16%$259.38
47,450 at 5.17%$259.67
47,450 at 5.18%$259.97
47,450 at 5.19%$260.26
47,450 at 5.2%$260.55
47,450 at 5.21%$260.85
47,450 at 5.22%$261.14
47,450 at 5.23%$261.43
47,450 at 5.24%$261.73
47,450 at 5.25%$262.02
47,450 at 5.26%$262.31
47,450 at 5.27%$262.61
47,450 at 5.28%$262.90
47,450 at 5.29%$263.20
47,450 at 5.3%$263.49
47,450 at 5.31%$263.79
47,450 at 5.32%$264.08
47,450 at 5.33%$264.38
47,450 at 5.34%$264.67
47,450 at 5.35%$264.97
47,450 at 5.36%$265.26
47,450 at 5.37%$265.56
47,450 at 5.38%$265.85
47,450 at 5.39%$266.15
47,450 at 5.4%$266.45
47,450 at 5.41%$266.74
47,450 at 5.42%$267.04
47,450 at 5.43%$267.34
47,450 at 5.44%$267.63
47,450 at 5.45%$267.93
47,450 at 5.46%$268.23
47,450 at 5.47%$268.52
47,450 at 5.48%$268.82
47,450 at 5.49%$269.12
47,450 at 5.5%$269.42
47,450 at 5.51%$269.71
47,450 at 5.52%$270.01
47,450 at 5.53%$270.31
47,450 at 5.54%$270.61
47,450 at 5.55%$270.91
47,450 at 5.56%$271.20
47,450 at 5.57%$271.50
47,450 at 5.58%$271.80
47,450 at 5.59%$272.10
47,450 at 5.6%$272.40
47,450 at 5.61%$272.70
47,450 at 5.62%$273.00
47,450 at 5.63%$273.30
47,450 at 5.64%$273.60
47,450 at 5.65%$273.90
47,450 at 5.66%$274.20
47,450 at 5.67%$274.50
47,450 at 5.68%$274.80
47,450 at 5.69%$275.10
47,450 at 5.7%$275.40
47,450 at 5.71%$275.70
47,450 at 5.72%$276.00
47,450 at 5.73%$276.30
47,450 at 5.74%$276.60
47,450 at 5.75%$276.91
47,450 at 5.76%$277.21
47,450 at 5.77%$277.51
47,450 at 5.78%$277.81
47,450 at 5.79%$278.11
47,450 at 5.8%$278.41
47,450 at 5.81%$278.72
47,450 at 5.82%$279.02
47,450 at 5.83%$279.32
47,450 at 5.84%$279.62
47,450 at 5.85%$279.93
47,450 at 5.86%$280.23
47,450 at 5.87%$280.53
47,450 at 5.88%$280.84
47,450 at 5.89%$281.14
47,450 at 5.9%$281.44
47,450 at 5.91%$281.75
47,450 at 5.92%$282.05
47,450 at 5.93%$282.35
47,450 at 5.94%$282.66
47,450 at 5.95%$282.96
47,450 at 5.96%$283.27
47,450 at 5.97%$283.57
47,450 at 5.98%$283.88
47,450 at 5.99%$284.18
47,450 at 6%$284.49
47,450 at 6.01%$284.79
47,450 at 6.02%$285.10
47,450 at 6.03%$285.40
47,450 at 6.04%$285.71
47,450 at 6.05%$286.01
47,450 at 6.06%$286.32
47,450 at 6.07%$286.63
47,450 at 6.08%$286.93
47,450 at 6.09%$287.24
47,450 at 6.1%$287.54
47,450 at 6.11%$287.85
47,450 at 6.12%$288.16
47,450 at 6.13%$288.46
47,450 at 6.14%$288.77
47,450 at 6.15%$289.08
47,450 at 6.16%$289.39
47,450 at 6.17%$289.69
47,450 at 6.18%$290.00
47,450 at 6.19%$290.31
47,450 at 6.2%$290.62
47,450 at 6.21%$290.92
47,450 at 6.22%$291.23
47,450 at 6.23%$291.54
47,450 at 6.24%$291.85
47,450 at 6.25%$292.16
47,450 at 6.26%$292.47
47,450 at 6.27%$292.78
47,450 at 6.28%$293.08
47,450 at 6.29%$293.39
47,450 at 6.3%$293.70
47,450 at 6.31%$294.01
47,450 at 6.32%$294.32
47,450 at 6.33%$294.63
47,450 at 6.34%$294.94
47,450 at 6.35%$295.25
47,450 at 6.36%$295.56
47,450 at 6.37%$295.87
47,450 at 6.38%$296.18
47,450 at 6.39%$296.49
47,450 at 6.4%$296.80
47,450 at 6.41%$297.11
47,450 at 6.42%$297.42
47,450 at 6.43%$297.74
47,450 at 6.44%$298.05
47,450 at 6.45%$298.36
47,450 at 6.46%$298.67
47,450 at 6.47%$298.98
47,450 at 6.48%$299.29
47,450 at 6.49%$299.60
47,450 at 6.5%$299.92
Interest Rate 30 Year
47,450 at 6.51%$300.23
47,450 at 6.52%$300.54
47,450 at 6.53%$300.85
47,450 at 6.54%$301.17
47,450 at 6.55%$301.48
47,450 at 6.56%$301.79
47,450 at 6.57%$302.10
47,450 at 6.58%$302.42
47,450 at 6.59%$302.73
47,450 at 6.6%$303.04
47,450 at 6.61%$303.36
47,450 at 6.62%$303.67
47,450 at 6.63%$303.98
47,450 at 6.64%$304.30
47,450 at 6.65%$304.61
47,450 at 6.66%$304.93
47,450 at 6.67%$305.24
47,450 at 6.68%$305.56
47,450 at 6.69%$305.87
47,450 at 6.7%$306.18
47,450 at 6.71%$306.50
47,450 at 6.72%$306.81
47,450 at 6.73%$307.13
47,450 at 6.74%$307.44
47,450 at 6.75%$307.76
47,450 at 6.76%$308.08
47,450 at 6.77%$308.39
47,450 at 6.78%$308.71
47,450 at 6.79%$309.02
47,450 at 6.8%$309.34
47,450 at 6.81%$309.65
47,450 at 6.82%$309.97
47,450 at 6.83%$310.29
47,450 at 6.84%$310.60
47,450 at 6.85%$310.92
47,450 at 6.86%$311.24
47,450 at 6.87%$311.55
47,450 at 6.88%$311.87
47,450 at 6.89%$312.19
47,450 at 6.9%$312.51
47,450 at 6.91%$312.82
47,450 at 6.92%$313.14
47,450 at 6.93%$313.46
47,450 at 6.94%$313.78
47,450 at 6.95%$314.09
47,450 at 6.96%$314.41
47,450 at 6.97%$314.73
47,450 at 6.98%$315.05
47,450 at 6.99%$315.37
47,450 at 7%$315.69
47,450 at 7.01%$316.00
47,450 at 7.02%$316.32
47,450 at 7.03%$316.64
47,450 at 7.04%$316.96
47,450 at 7.05%$317.28
47,450 at 7.06%$317.60
47,450 at 7.07%$317.92
47,450 at 7.08%$318.24
47,450 at 7.09%$318.56
47,450 at 7.1%$318.88
47,450 at 7.11%$319.20
47,450 at 7.12%$319.52
47,450 at 7.13%$319.84
47,450 at 7.14%$320.16
47,450 at 7.15%$320.48
47,450 at 7.16%$320.80
47,450 at 7.17%$321.12
47,450 at 7.18%$321.44
47,450 at 7.19%$321.76
47,450 at 7.2%$322.09
47,450 at 7.21%$322.41
47,450 at 7.22%$322.73
47,450 at 7.23%$323.05
47,450 at 7.24%$323.37
47,450 at 7.25%$323.69
47,450 at 7.26%$324.01
47,450 at 7.27%$324.34
47,450 at 7.28%$324.66
47,450 at 7.29%$324.98
47,450 at 7.3%$325.30
47,450 at 7.31%$325.63
47,450 at 7.32%$325.95
47,450 at 7.33%$326.27
47,450 at 7.34%$326.59
47,450 at 7.35%$326.92
47,450 at 7.36%$327.24
47,450 at 7.37%$327.56
47,450 at 7.38%$327.89
47,450 at 7.39%$328.21
47,450 at 7.4%$328.53
47,450 at 7.41%$328.86
47,450 at 7.42%$329.18
47,450 at 7.43%$329.51
47,450 at 7.44%$329.83
47,450 at 7.45%$330.15
47,450 at 7.46%$330.48
47,450 at 7.47%$330.80
47,450 at 7.48%$331.13
47,450 at 7.49%$331.45
47,450 at 7.5%$331.78
47,450 at 7.51%$332.10
47,450 at 7.52%$332.43
47,450 at 7.53%$332.75
47,450 at 7.54%$333.08
47,450 at 7.55%$333.40
47,450 at 7.56%$333.73
47,450 at 7.57%$334.05
47,450 at 7.58%$334.38
47,450 at 7.59%$334.71
47,450 at 7.6%$335.03
47,450 at 7.61%$335.36
47,450 at 7.62%$335.68
47,450 at 7.63%$336.01
47,450 at 7.64%$336.34
47,450 at 7.65%$336.66
47,450 at 7.66%$336.99
47,450 at 7.67%$337.32
47,450 at 7.68%$337.65
47,450 at 7.69%$337.97
47,450 at 7.7%$338.30
47,450 at 7.71%$338.63
47,450 at 7.72%$338.95
47,450 at 7.73%$339.28
47,450 at 7.74%$339.61
47,450 at 7.75%$339.94
47,450 at 7.76%$340.27
47,450 at 7.77%$340.59
47,450 at 7.78%$340.92
47,450 at 7.79%$341.25
47,450 at 7.8%$341.58
47,450 at 7.81%$341.91
47,450 at 7.82%$342.24
47,450 at 7.83%$342.56
47,450 at 7.84%$342.89
47,450 at 7.85%$343.22
47,450 at 7.86%$343.55
47,450 at 7.87%$343.88
47,450 at 7.88%$344.21
47,450 at 7.89%$344.54
47,450 at 7.9%$344.87
47,450 at 7.91%$345.20
47,450 at 7.92%$345.53
47,450 at 7.93%$345.86
47,450 at 7.94%$346.19
47,450 at 7.95%$346.52
47,450 at 7.96%$346.85
47,450 at 7.97%$347.18
47,450 at 7.98%$347.51
47,450 at 7.99%$347.84
47,450 at 8%$348.17
More Amounts
What is the down payment for a $47,450 house? How much do you need to put down?
Percent Down Down Payment
1%475
2%949
3%1,424
4%1,898
5%2,373
6%2,847
7%3,322
8%3,796
9%4,271
10%4,745
11%5,220
12%5,694
13%6,169
14%6,643
15%7,118
16%7,592
17%8,067
18%8,541
19%9,016
20%9,490
Percent Down Down Payment
21%9,965
22%10,439
23%10,914
24%11,388
25%11,863
26%12,337
27%12,812
28%13,286
29%13,761
30%14,235
31%14,710
32%15,184
33%15,659
34%16,133
35%16,608
36%17,082
37%17,557
38%18,031
39%18,506
40%18,980
Percent Down Down Payment
41%19,455
42%19,929
43%20,404
44%20,878
45%21,353
46%21,827
47%22,302
48%22,776
49%23,251
50%23,725
51%24,200
52%24,674
53%25,149
54%25,623
55%26,098
56%26,572
57%27,047
58%27,521
59%27,996
60%28,470
Percent Down Down Payment
61%28,945
62%29,419
63%29,894
64%30,368
65%30,843
66%31,317
67%31,792
68%32,266
69%32,741
70%33,215
71%33,690
72%34,164
73%34,639
74%35,113
75%35,588
76%36,062
77%36,537
78%37,011
79%37,486
80%37,960
Percent Down Down Payment
81%38,435
82%38,909
83%39,384
84%39,858
85%40,333
86%40,807
87%41,282
88%41,756
89%42,231
90%42,705
91%43,180
92%43,654
93%44,129
94%44,603
95%45,078
96%45,552
97%46,027
98%46,501
99%46,976
100%47,450
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.