$49,100 Mortgage for 30 Years

What is the monthly payment of a 49,100 dollar loan?
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Loan Tables for a $49,100 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 49k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $49,100 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
49,100 at 2.01%$181.73
49,100 at 2.02%$181.97
49,100 at 2.03%$182.22
49,100 at 2.04%$182.47
49,100 at 2.05%$182.71
49,100 at 2.06%$182.96
49,100 at 2.07%$183.21
49,100 at 2.08%$183.45
49,100 at 2.09%$183.70
49,100 at 2.1%$183.95
49,100 at 2.11%$184.20
49,100 at 2.12%$184.44
49,100 at 2.13%$184.69
49,100 at 2.14%$184.94
49,100 at 2.15%$185.19
49,100 at 2.16%$185.44
49,100 at 2.17%$185.69
49,100 at 2.18%$185.93
49,100 at 2.19%$186.18
49,100 at 2.2%$186.43
49,100 at 2.21%$186.68
49,100 at 2.22%$186.93
49,100 at 2.23%$187.18
49,100 at 2.24%$187.43
49,100 at 2.25%$187.68
49,100 at 2.26%$187.93
49,100 at 2.27%$188.18
49,100 at 2.28%$188.44
49,100 at 2.29%$188.69
49,100 at 2.3%$188.94
49,100 at 2.31%$189.19
49,100 at 2.32%$189.44
49,100 at 2.33%$189.69
49,100 at 2.34%$189.94
49,100 at 2.35%$190.20
49,100 at 2.36%$190.45
49,100 at 2.37%$190.70
49,100 at 2.38%$190.95
49,100 at 2.39%$191.21
49,100 at 2.4%$191.46
49,100 at 2.41%$191.71
49,100 at 2.42%$191.97
49,100 at 2.43%$192.22
49,100 at 2.44%$192.48
49,100 at 2.45%$192.73
49,100 at 2.46%$192.98
49,100 at 2.47%$193.24
49,100 at 2.48%$193.49
49,100 at 2.49%$193.75
49,100 at 2.5%$194.00
49,100 at 2.51%$194.26
49,100 at 2.52%$194.52
49,100 at 2.53%$194.77
49,100 at 2.54%$195.03
49,100 at 2.55%$195.28
49,100 at 2.56%$195.54
49,100 at 2.57%$195.80
49,100 at 2.58%$196.05
49,100 at 2.59%$196.31
49,100 at 2.6%$196.57
49,100 at 2.61%$196.82
49,100 at 2.62%$197.08
49,100 at 2.63%$197.34
49,100 at 2.64%$197.60
49,100 at 2.65%$197.86
49,100 at 2.66%$198.11
49,100 at 2.67%$198.37
49,100 at 2.68%$198.63
49,100 at 2.69%$198.89
49,100 at 2.7%$199.15
49,100 at 2.71%$199.41
49,100 at 2.72%$199.67
49,100 at 2.73%$199.93
49,100 at 2.74%$200.19
49,100 at 2.75%$200.45
49,100 at 2.76%$200.71
49,100 at 2.77%$200.97
49,100 at 2.78%$201.23
49,100 at 2.79%$201.49
49,100 at 2.8%$201.75
49,100 at 2.81%$202.01
49,100 at 2.82%$202.27
49,100 at 2.83%$202.53
49,100 at 2.84%$202.79
49,100 at 2.85%$203.06
49,100 at 2.86%$203.32
49,100 at 2.87%$203.58
49,100 at 2.88%$203.84
49,100 at 2.89%$204.11
49,100 at 2.9%$204.37
49,100 at 2.91%$204.63
49,100 at 2.92%$204.90
49,100 at 2.93%$205.16
49,100 at 2.94%$205.42
49,100 at 2.95%$205.69
49,100 at 2.96%$205.95
49,100 at 2.97%$206.21
49,100 at 2.98%$206.48
49,100 at 2.99%$206.74
49,100 at 3%$207.01
49,100 at 3.01%$207.27
49,100 at 3.02%$207.54
49,100 at 3.03%$207.80
49,100 at 3.04%$208.07
49,100 at 3.05%$208.33
49,100 at 3.06%$208.60
49,100 at 3.07%$208.87
49,100 at 3.08%$209.13
49,100 at 3.09%$209.40
49,100 at 3.1%$209.67
49,100 at 3.11%$209.93
49,100 at 3.12%$210.20
49,100 at 3.13%$210.47
49,100 at 3.14%$210.73
49,100 at 3.15%$211.00
49,100 at 3.16%$211.27
49,100 at 3.17%$211.54
49,100 at 3.18%$211.80
49,100 at 3.19%$212.07
49,100 at 3.2%$212.34
49,100 at 3.21%$212.61
49,100 at 3.22%$212.88
49,100 at 3.23%$213.15
49,100 at 3.24%$213.42
49,100 at 3.25%$213.69
49,100 at 3.26%$213.96
49,100 at 3.27%$214.23
49,100 at 3.28%$214.50
49,100 at 3.29%$214.77
49,100 at 3.3%$215.04
49,100 at 3.31%$215.31
49,100 at 3.32%$215.58
49,100 at 3.33%$215.85
49,100 at 3.34%$216.12
49,100 at 3.35%$216.39
49,100 at 3.36%$216.66
49,100 at 3.37%$216.93
49,100 at 3.38%$217.21
49,100 at 3.39%$217.48
49,100 at 3.4%$217.75
49,100 at 3.41%$218.02
49,100 at 3.42%$218.29
49,100 at 3.43%$218.57
49,100 at 3.44%$218.84
49,100 at 3.45%$219.11
49,100 at 3.46%$219.39
49,100 at 3.47%$219.66
49,100 at 3.48%$219.93
49,100 at 3.49%$220.21
49,100 at 3.5%$220.48
Interest Rate 30 Year
49,100 at 3.51%$220.76
49,100 at 3.52%$221.03
49,100 at 3.53%$221.30
49,100 at 3.54%$221.58
49,100 at 3.55%$221.85
49,100 at 3.56%$222.13
49,100 at 3.57%$222.40
49,100 at 3.58%$222.68
49,100 at 3.59%$222.96
49,100 at 3.6%$223.23
49,100 at 3.61%$223.51
49,100 at 3.62%$223.78
49,100 at 3.63%$224.06
49,100 at 3.64%$224.34
49,100 at 3.65%$224.61
49,100 at 3.66%$224.89
49,100 at 3.67%$225.17
49,100 at 3.68%$225.44
49,100 at 3.69%$225.72
49,100 at 3.7%$226.00
49,100 at 3.71%$226.28
49,100 at 3.72%$226.55
49,100 at 3.73%$226.83
49,100 at 3.74%$227.11
49,100 at 3.75%$227.39
49,100 at 3.76%$227.67
49,100 at 3.77%$227.95
49,100 at 3.78%$228.23
49,100 at 3.79%$228.51
49,100 at 3.8%$228.79
49,100 at 3.81%$229.06
49,100 at 3.82%$229.34
49,100 at 3.83%$229.62
49,100 at 3.84%$229.90
49,100 at 3.85%$230.18
49,100 at 3.86%$230.47
49,100 at 3.87%$230.75
49,100 at 3.88%$231.03
49,100 at 3.89%$231.31
49,100 at 3.9%$231.59
49,100 at 3.91%$231.87
49,100 at 3.92%$232.15
49,100 at 3.93%$232.43
49,100 at 3.94%$232.72
49,100 at 3.95%$233.00
49,100 at 3.96%$233.28
49,100 at 3.97%$233.56
49,100 at 3.98%$233.85
49,100 at 3.99%$234.13
49,100 at 4%$234.41
49,100 at 4.01%$234.69
49,100 at 4.02%$234.98
49,100 at 4.03%$235.26
49,100 at 4.04%$235.54
49,100 at 4.05%$235.83
49,100 at 4.06%$236.11
49,100 at 4.07%$236.40
49,100 at 4.08%$236.68
49,100 at 4.09%$236.97
49,100 at 4.1%$237.25
49,100 at 4.11%$237.54
49,100 at 4.12%$237.82
49,100 at 4.13%$238.11
49,100 at 4.14%$238.39
49,100 at 4.15%$238.68
49,100 at 4.16%$238.96
49,100 at 4.17%$239.25
49,100 at 4.18%$239.53
49,100 at 4.19%$239.82
49,100 at 4.2%$240.11
49,100 at 4.21%$240.39
49,100 at 4.22%$240.68
49,100 at 4.23%$240.97
49,100 at 4.24%$241.26
49,100 at 4.25%$241.54
49,100 at 4.26%$241.83
49,100 at 4.27%$242.12
49,100 at 4.28%$242.41
49,100 at 4.29%$242.69
49,100 at 4.3%$242.98
49,100 at 4.31%$243.27
49,100 at 4.32%$243.56
49,100 at 4.33%$243.85
49,100 at 4.34%$244.14
49,100 at 4.35%$244.43
49,100 at 4.36%$244.71
49,100 at 4.37%$245.00
49,100 at 4.38%$245.29
49,100 at 4.39%$245.58
49,100 at 4.4%$245.87
49,100 at 4.41%$246.16
49,100 at 4.42%$246.45
49,100 at 4.43%$246.74
49,100 at 4.44%$247.04
49,100 at 4.45%$247.33
49,100 at 4.46%$247.62
49,100 at 4.47%$247.91
49,100 at 4.48%$248.20
49,100 at 4.49%$248.49
49,100 at 4.5%$248.78
49,100 at 4.51%$249.07
49,100 at 4.52%$249.37
49,100 at 4.53%$249.66
49,100 at 4.54%$249.95
49,100 at 4.55%$250.24
49,100 at 4.56%$250.54
49,100 at 4.57%$250.83
49,100 at 4.58%$251.12
49,100 at 4.59%$251.42
49,100 at 4.6%$251.71
49,100 at 4.61%$252.00
49,100 at 4.62%$252.30
49,100 at 4.63%$252.59
49,100 at 4.64%$252.88
49,100 at 4.65%$253.18
49,100 at 4.66%$253.47
49,100 at 4.67%$253.77
49,100 at 4.68%$254.06
49,100 at 4.69%$254.36
49,100 at 4.7%$254.65
49,100 at 4.71%$254.95
49,100 at 4.72%$255.24
49,100 at 4.73%$255.54
49,100 at 4.74%$255.83
49,100 at 4.75%$256.13
49,100 at 4.76%$256.42
49,100 at 4.77%$256.72
49,100 at 4.78%$257.02
49,100 at 4.79%$257.31
49,100 at 4.8%$257.61
49,100 at 4.81%$257.91
49,100 at 4.82%$258.20
49,100 at 4.83%$258.50
49,100 at 4.84%$258.80
49,100 at 4.85%$259.10
49,100 at 4.86%$259.39
49,100 at 4.87%$259.69
49,100 at 4.88%$259.99
49,100 at 4.89%$260.29
49,100 at 4.9%$260.59
49,100 at 4.91%$260.89
49,100 at 4.92%$261.18
49,100 at 4.93%$261.48
49,100 at 4.94%$261.78
49,100 at 4.95%$262.08
49,100 at 4.96%$262.38
49,100 at 4.97%$262.68
49,100 at 4.98%$262.98
49,100 at 4.99%$263.28
49,100 at 5%$263.58
Interest Rate 30 Year
49,100 at 5.01%$263.88
49,100 at 5.02%$264.18
49,100 at 5.03%$264.48
49,100 at 5.04%$264.78
49,100 at 5.05%$265.08
49,100 at 5.06%$265.38
49,100 at 5.07%$265.68
49,100 at 5.08%$265.99
49,100 at 5.09%$266.29
49,100 at 5.1%$266.59
49,100 at 5.11%$266.89
49,100 at 5.12%$267.19
49,100 at 5.13%$267.49
49,100 at 5.14%$267.80
49,100 at 5.15%$268.10
49,100 at 5.16%$268.40
49,100 at 5.17%$268.70
49,100 at 5.18%$269.01
49,100 at 5.19%$269.31
49,100 at 5.2%$269.61
49,100 at 5.21%$269.92
49,100 at 5.22%$270.22
49,100 at 5.23%$270.52
49,100 at 5.24%$270.83
49,100 at 5.25%$271.13
49,100 at 5.26%$271.44
49,100 at 5.27%$271.74
49,100 at 5.28%$272.05
49,100 at 5.29%$272.35
49,100 at 5.3%$272.65
49,100 at 5.31%$272.96
49,100 at 5.32%$273.26
49,100 at 5.33%$273.57
49,100 at 5.34%$273.88
49,100 at 5.35%$274.18
49,100 at 5.36%$274.49
49,100 at 5.37%$274.79
49,100 at 5.38%$275.10
49,100 at 5.39%$275.41
49,100 at 5.4%$275.71
49,100 at 5.41%$276.02
49,100 at 5.42%$276.32
49,100 at 5.43%$276.63
49,100 at 5.44%$276.94
49,100 at 5.45%$277.25
49,100 at 5.46%$277.55
49,100 at 5.47%$277.86
49,100 at 5.48%$278.17
49,100 at 5.49%$278.48
49,100 at 5.5%$278.78
49,100 at 5.51%$279.09
49,100 at 5.52%$279.40
49,100 at 5.53%$279.71
49,100 at 5.54%$280.02
49,100 at 5.55%$280.33
49,100 at 5.56%$280.64
49,100 at 5.57%$280.94
49,100 at 5.58%$281.25
49,100 at 5.59%$281.56
49,100 at 5.6%$281.87
49,100 at 5.61%$282.18
49,100 at 5.62%$282.49
49,100 at 5.63%$282.80
49,100 at 5.64%$283.11
49,100 at 5.65%$283.42
49,100 at 5.66%$283.73
49,100 at 5.67%$284.04
49,100 at 5.68%$284.35
49,100 at 5.69%$284.67
49,100 at 5.7%$284.98
49,100 at 5.71%$285.29
49,100 at 5.72%$285.60
49,100 at 5.73%$285.91
49,100 at 5.74%$286.22
49,100 at 5.75%$286.53
49,100 at 5.76%$286.85
49,100 at 5.77%$287.16
49,100 at 5.78%$287.47
49,100 at 5.79%$287.78
49,100 at 5.8%$288.10
49,100 at 5.81%$288.41
49,100 at 5.82%$288.72
49,100 at 5.83%$289.03
49,100 at 5.84%$289.35
49,100 at 5.85%$289.66
49,100 at 5.86%$289.97
49,100 at 5.87%$290.29
49,100 at 5.88%$290.60
49,100 at 5.89%$290.92
49,100 at 5.9%$291.23
49,100 at 5.91%$291.54
49,100 at 5.92%$291.86
49,100 at 5.93%$292.17
49,100 at 5.94%$292.49
49,100 at 5.95%$292.80
49,100 at 5.96%$293.12
49,100 at 5.97%$293.43
49,100 at 5.98%$293.75
49,100 at 5.99%$294.06
49,100 at 6%$294.38
49,100 at 6.01%$294.70
49,100 at 6.02%$295.01
49,100 at 6.03%$295.33
49,100 at 6.04%$295.64
49,100 at 6.05%$295.96
49,100 at 6.06%$296.28
49,100 at 6.07%$296.59
49,100 at 6.08%$296.91
49,100 at 6.09%$297.23
49,100 at 6.1%$297.54
49,100 at 6.11%$297.86
49,100 at 6.12%$298.18
49,100 at 6.13%$298.50
49,100 at 6.14%$298.81
49,100 at 6.15%$299.13
49,100 at 6.16%$299.45
49,100 at 6.17%$299.77
49,100 at 6.18%$300.09
49,100 at 6.19%$300.40
49,100 at 6.2%$300.72
49,100 at 6.21%$301.04
49,100 at 6.22%$301.36
49,100 at 6.23%$301.68
49,100 at 6.24%$302.00
49,100 at 6.25%$302.32
49,100 at 6.26%$302.64
49,100 at 6.27%$302.96
49,100 at 6.28%$303.28
49,100 at 6.29%$303.60
49,100 at 6.3%$303.92
49,100 at 6.31%$304.24
49,100 at 6.32%$304.56
49,100 at 6.33%$304.88
49,100 at 6.34%$305.20
49,100 at 6.35%$305.52
49,100 at 6.36%$305.84
49,100 at 6.37%$306.16
49,100 at 6.38%$306.48
49,100 at 6.39%$306.80
49,100 at 6.4%$307.12
49,100 at 6.41%$307.44
49,100 at 6.42%$307.77
49,100 at 6.43%$308.09
49,100 at 6.44%$308.41
49,100 at 6.45%$308.73
49,100 at 6.46%$309.05
49,100 at 6.47%$309.38
49,100 at 6.48%$309.70
49,100 at 6.49%$310.02
49,100 at 6.5%$310.35
Interest Rate 30 Year
49,100 at 6.51%$310.67
49,100 at 6.52%$310.99
49,100 at 6.53%$311.31
49,100 at 6.54%$311.64
49,100 at 6.55%$311.96
49,100 at 6.56%$312.29
49,100 at 6.57%$312.61
49,100 at 6.58%$312.93
49,100 at 6.59%$313.26
49,100 at 6.6%$313.58
49,100 at 6.61%$313.91
49,100 at 6.62%$314.23
49,100 at 6.63%$314.56
49,100 at 6.64%$314.88
49,100 at 6.65%$315.20
49,100 at 6.66%$315.53
49,100 at 6.67%$315.86
49,100 at 6.68%$316.18
49,100 at 6.69%$316.51
49,100 at 6.7%$316.83
49,100 at 6.71%$317.16
49,100 at 6.72%$317.48
49,100 at 6.73%$317.81
49,100 at 6.74%$318.14
49,100 at 6.75%$318.46
49,100 at 6.76%$318.79
49,100 at 6.77%$319.11
49,100 at 6.78%$319.44
49,100 at 6.79%$319.77
49,100 at 6.8%$320.10
49,100 at 6.81%$320.42
49,100 at 6.82%$320.75
49,100 at 6.83%$321.08
49,100 at 6.84%$321.40
49,100 at 6.85%$321.73
49,100 at 6.86%$322.06
49,100 at 6.87%$322.39
49,100 at 6.88%$322.72
49,100 at 6.89%$323.04
49,100 at 6.9%$323.37
49,100 at 6.91%$323.70
49,100 at 6.92%$324.03
49,100 at 6.93%$324.36
49,100 at 6.94%$324.69
49,100 at 6.95%$325.02
49,100 at 6.96%$325.35
49,100 at 6.97%$325.67
49,100 at 6.98%$326.00
49,100 at 6.99%$326.33
49,100 at 7%$326.66
49,100 at 7.01%$326.99
49,100 at 7.02%$327.32
49,100 at 7.03%$327.65
49,100 at 7.04%$327.98
49,100 at 7.05%$328.31
49,100 at 7.06%$328.64
49,100 at 7.07%$328.98
49,100 at 7.08%$329.31
49,100 at 7.09%$329.64
49,100 at 7.1%$329.97
49,100 at 7.11%$330.30
49,100 at 7.12%$330.63
49,100 at 7.13%$330.96
49,100 at 7.14%$331.29
49,100 at 7.15%$331.62
49,100 at 7.16%$331.96
49,100 at 7.17%$332.29
49,100 at 7.18%$332.62
49,100 at 7.19%$332.95
49,100 at 7.2%$333.29
49,100 at 7.21%$333.62
49,100 at 7.22%$333.95
49,100 at 7.23%$334.28
49,100 at 7.24%$334.62
49,100 at 7.25%$334.95
49,100 at 7.26%$335.28
49,100 at 7.27%$335.61
49,100 at 7.28%$335.95
49,100 at 7.29%$336.28
49,100 at 7.3%$336.62
49,100 at 7.31%$336.95
49,100 at 7.32%$337.28
49,100 at 7.33%$337.62
49,100 at 7.34%$337.95
49,100 at 7.35%$338.29
49,100 at 7.36%$338.62
49,100 at 7.37%$338.95
49,100 at 7.38%$339.29
49,100 at 7.39%$339.62
49,100 at 7.4%$339.96
49,100 at 7.41%$340.29
49,100 at 7.42%$340.63
49,100 at 7.43%$340.96
49,100 at 7.44%$341.30
49,100 at 7.45%$341.63
49,100 at 7.46%$341.97
49,100 at 7.47%$342.31
49,100 at 7.48%$342.64
49,100 at 7.49%$342.98
49,100 at 7.5%$343.31
49,100 at 7.51%$343.65
49,100 at 7.52%$343.99
49,100 at 7.53%$344.32
49,100 at 7.54%$344.66
49,100 at 7.55%$345.00
49,100 at 7.56%$345.33
49,100 at 7.57%$345.67
49,100 at 7.58%$346.01
49,100 at 7.59%$346.35
49,100 at 7.6%$346.68
49,100 at 7.61%$347.02
49,100 at 7.62%$347.36
49,100 at 7.63%$347.70
49,100 at 7.64%$348.03
49,100 at 7.65%$348.37
49,100 at 7.66%$348.71
49,100 at 7.67%$349.05
49,100 at 7.68%$349.39
49,100 at 7.69%$349.72
49,100 at 7.7%$350.06
49,100 at 7.71%$350.40
49,100 at 7.72%$350.74
49,100 at 7.73%$351.08
49,100 at 7.74%$351.42
49,100 at 7.75%$351.76
49,100 at 7.76%$352.10
49,100 at 7.77%$352.44
49,100 at 7.78%$352.78
49,100 at 7.79%$353.12
49,100 at 7.8%$353.46
49,100 at 7.81%$353.80
49,100 at 7.82%$354.14
49,100 at 7.83%$354.48
49,100 at 7.84%$354.82
49,100 at 7.85%$355.16
49,100 at 7.86%$355.50
49,100 at 7.87%$355.84
49,100 at 7.88%$356.18
49,100 at 7.89%$356.52
49,100 at 7.9%$356.86
49,100 at 7.91%$357.20
49,100 at 7.92%$357.54
49,100 at 7.93%$357.89
49,100 at 7.94%$358.23
49,100 at 7.95%$358.57
49,100 at 7.96%$358.91
49,100 at 7.97%$359.25
49,100 at 7.98%$359.59
49,100 at 7.99%$359.94
49,100 at 8%$360.28
More Amounts
What is the down payment for a $49,100 house? How much do you need to put down?
Percent Down Down Payment
1%491
2%982
3%1,473
4%1,964
5%2,455
6%2,946
7%3,437
8%3,928
9%4,419
10%4,910
11%5,401
12%5,892
13%6,383
14%6,874
15%7,365
16%7,856
17%8,347
18%8,838
19%9,329
20%9,820
Percent Down Down Payment
21%10,311
22%10,802
23%11,293
24%11,784
25%12,275
26%12,766
27%13,257
28%13,748
29%14,239
30%14,730
31%15,221
32%15,712
33%16,203
34%16,694
35%17,185
36%17,676
37%18,167
38%18,658
39%19,149
40%19,640
Percent Down Down Payment
41%20,131
42%20,622
43%21,113
44%21,604
45%22,095
46%22,586
47%23,077
48%23,568
49%24,059
50%24,550
51%25,041
52%25,532
53%26,023
54%26,514
55%27,005
56%27,496
57%27,987
58%28,478
59%28,969
60%29,460
Percent Down Down Payment
61%29,951
62%30,442
63%30,933
64%31,424
65%31,915
66%32,406
67%32,897
68%33,388
69%33,879
70%34,370
71%34,861
72%35,352
73%35,843
74%36,334
75%36,825
76%37,316
77%37,807
78%38,298
79%38,789
80%39,280
Percent Down Down Payment
81%39,771
82%40,262
83%40,753
84%41,244
85%41,735
86%42,226
87%42,717
88%43,208
89%43,699
90%44,190
91%44,681
92%45,172
93%45,663
94%46,154
95%46,645
96%47,136
97%47,627
98%48,118
99%48,609
100%49,100
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.