$49,150 Mortgage for 30 Years

What is the monthly payment of a 49,150 dollar loan?
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Loan Tables for a $49,150 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 $49,150 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
49,150 at 2.01%$181.91
49,150 at 2.02%$182.16
49,150 at 2.03%$182.41
49,150 at 2.04%$182.65
49,150 at 2.05%$182.90
49,150 at 2.06%$183.15
49,150 at 2.07%$183.39
49,150 at 2.08%$183.64
49,150 at 2.09%$183.89
49,150 at 2.1%$184.14
49,150 at 2.11%$184.38
49,150 at 2.12%$184.63
49,150 at 2.13%$184.88
49,150 at 2.14%$185.13
49,150 at 2.15%$185.38
49,150 at 2.16%$185.63
49,150 at 2.17%$185.87
49,150 at 2.18%$186.12
49,150 at 2.19%$186.37
49,150 at 2.2%$186.62
49,150 at 2.21%$186.87
49,150 at 2.22%$187.12
49,150 at 2.23%$187.37
49,150 at 2.24%$187.62
49,150 at 2.25%$187.87
49,150 at 2.26%$188.12
49,150 at 2.27%$188.38
49,150 at 2.28%$188.63
49,150 at 2.29%$188.88
49,150 at 2.3%$189.13
49,150 at 2.31%$189.38
49,150 at 2.32%$189.63
49,150 at 2.33%$189.89
49,150 at 2.34%$190.14
49,150 at 2.35%$190.39
49,150 at 2.36%$190.64
49,150 at 2.37%$190.90
49,150 at 2.38%$191.15
49,150 at 2.39%$191.40
49,150 at 2.4%$191.66
49,150 at 2.41%$191.91
49,150 at 2.42%$192.16
49,150 at 2.43%$192.42
49,150 at 2.44%$192.67
49,150 at 2.45%$192.93
49,150 at 2.46%$193.18
49,150 at 2.47%$193.44
49,150 at 2.48%$193.69
49,150 at 2.49%$193.95
49,150 at 2.5%$194.20
49,150 at 2.51%$194.46
49,150 at 2.52%$194.71
49,150 at 2.53%$194.97
49,150 at 2.54%$195.23
49,150 at 2.55%$195.48
49,150 at 2.56%$195.74
49,150 at 2.57%$196.00
49,150 at 2.58%$196.25
49,150 at 2.59%$196.51
49,150 at 2.6%$196.77
49,150 at 2.61%$197.02
49,150 at 2.62%$197.28
49,150 at 2.63%$197.54
49,150 at 2.64%$197.80
49,150 at 2.65%$198.06
49,150 at 2.66%$198.32
49,150 at 2.67%$198.57
49,150 at 2.68%$198.83
49,150 at 2.69%$199.09
49,150 at 2.7%$199.35
49,150 at 2.71%$199.61
49,150 at 2.72%$199.87
49,150 at 2.73%$200.13
49,150 at 2.74%$200.39
49,150 at 2.75%$200.65
49,150 at 2.76%$200.91
49,150 at 2.77%$201.17
49,150 at 2.78%$201.43
49,150 at 2.79%$201.69
49,150 at 2.8%$201.95
49,150 at 2.81%$202.22
49,150 at 2.82%$202.48
49,150 at 2.83%$202.74
49,150 at 2.84%$203.00
49,150 at 2.85%$203.26
49,150 at 2.86%$203.53
49,150 at 2.87%$203.79
49,150 at 2.88%$204.05
49,150 at 2.89%$204.31
49,150 at 2.9%$204.58
49,150 at 2.91%$204.84
49,150 at 2.92%$205.10
49,150 at 2.93%$205.37
49,150 at 2.94%$205.63
49,150 at 2.95%$205.90
49,150 at 2.96%$206.16
49,150 at 2.97%$206.42
49,150 at 2.98%$206.69
49,150 at 2.99%$206.95
49,150 at 3%$207.22
49,150 at 3.01%$207.48
49,150 at 3.02%$207.75
49,150 at 3.03%$208.01
49,150 at 3.04%$208.28
49,150 at 3.05%$208.55
49,150 at 3.06%$208.81
49,150 at 3.07%$209.08
49,150 at 3.08%$209.35
49,150 at 3.09%$209.61
49,150 at 3.1%$209.88
49,150 at 3.11%$210.15
49,150 at 3.12%$210.41
49,150 at 3.13%$210.68
49,150 at 3.14%$210.95
49,150 at 3.15%$211.22
49,150 at 3.16%$211.48
49,150 at 3.17%$211.75
49,150 at 3.18%$212.02
49,150 at 3.19%$212.29
49,150 at 3.2%$212.56
49,150 at 3.21%$212.83
49,150 at 3.22%$213.10
49,150 at 3.23%$213.36
49,150 at 3.24%$213.63
49,150 at 3.25%$213.90
49,150 at 3.26%$214.17
49,150 at 3.27%$214.44
49,150 at 3.28%$214.71
49,150 at 3.29%$214.98
49,150 at 3.3%$215.25
49,150 at 3.31%$215.53
49,150 at 3.32%$215.80
49,150 at 3.33%$216.07
49,150 at 3.34%$216.34
49,150 at 3.35%$216.61
49,150 at 3.36%$216.88
49,150 at 3.37%$217.15
49,150 at 3.38%$217.43
49,150 at 3.39%$217.70
49,150 at 3.4%$217.97
49,150 at 3.41%$218.24
49,150 at 3.42%$218.52
49,150 at 3.43%$218.79
49,150 at 3.44%$219.06
49,150 at 3.45%$219.34
49,150 at 3.46%$219.61
49,150 at 3.47%$219.88
49,150 at 3.48%$220.16
49,150 at 3.49%$220.43
49,150 at 3.5%$220.71
Interest Rate 30 Year
49,150 at 3.51%$220.98
49,150 at 3.52%$221.25
49,150 at 3.53%$221.53
49,150 at 3.54%$221.80
49,150 at 3.55%$222.08
49,150 at 3.56%$222.35
49,150 at 3.57%$222.63
49,150 at 3.58%$222.91
49,150 at 3.59%$223.18
49,150 at 3.6%$223.46
49,150 at 3.61%$223.73
49,150 at 3.62%$224.01
49,150 at 3.63%$224.29
49,150 at 3.64%$224.56
49,150 at 3.65%$224.84
49,150 at 3.66%$225.12
49,150 at 3.67%$225.40
49,150 at 3.68%$225.67
49,150 at 3.69%$225.95
49,150 at 3.7%$226.23
49,150 at 3.71%$226.51
49,150 at 3.72%$226.79
49,150 at 3.73%$227.06
49,150 at 3.74%$227.34
49,150 at 3.75%$227.62
49,150 at 3.76%$227.90
49,150 at 3.77%$228.18
49,150 at 3.78%$228.46
49,150 at 3.79%$228.74
49,150 at 3.8%$229.02
49,150 at 3.81%$229.30
49,150 at 3.82%$229.58
49,150 at 3.83%$229.86
49,150 at 3.84%$230.14
49,150 at 3.85%$230.42
49,150 at 3.86%$230.70
49,150 at 3.87%$230.98
49,150 at 3.88%$231.26
49,150 at 3.89%$231.54
49,150 at 3.9%$231.82
49,150 at 3.91%$232.11
49,150 at 3.92%$232.39
49,150 at 3.93%$232.67
49,150 at 3.94%$232.95
49,150 at 3.95%$233.24
49,150 at 3.96%$233.52
49,150 at 3.97%$233.80
49,150 at 3.98%$234.08
49,150 at 3.99%$234.37
49,150 at 4%$234.65
49,150 at 4.01%$234.93
49,150 at 4.02%$235.22
49,150 at 4.03%$235.50
49,150 at 4.04%$235.78
49,150 at 4.05%$236.07
49,150 at 4.06%$236.35
49,150 at 4.07%$236.64
49,150 at 4.08%$236.92
49,150 at 4.09%$237.21
49,150 at 4.1%$237.49
49,150 at 4.11%$237.78
49,150 at 4.12%$238.06
49,150 at 4.13%$238.35
49,150 at 4.14%$238.63
49,150 at 4.15%$238.92
49,150 at 4.16%$239.21
49,150 at 4.17%$239.49
49,150 at 4.18%$239.78
49,150 at 4.19%$240.07
49,150 at 4.2%$240.35
49,150 at 4.21%$240.64
49,150 at 4.22%$240.93
49,150 at 4.23%$241.21
49,150 at 4.24%$241.50
49,150 at 4.25%$241.79
49,150 at 4.26%$242.08
49,150 at 4.27%$242.36
49,150 at 4.28%$242.65
49,150 at 4.29%$242.94
49,150 at 4.3%$243.23
49,150 at 4.31%$243.52
49,150 at 4.32%$243.81
49,150 at 4.33%$244.10
49,150 at 4.34%$244.39
49,150 at 4.35%$244.67
49,150 at 4.36%$244.96
49,150 at 4.37%$245.25
49,150 at 4.38%$245.54
49,150 at 4.39%$245.83
49,150 at 4.4%$246.12
49,150 at 4.41%$246.41
49,150 at 4.42%$246.70
49,150 at 4.43%$247.00
49,150 at 4.44%$247.29
49,150 at 4.45%$247.58
49,150 at 4.46%$247.87
49,150 at 4.47%$248.16
49,150 at 4.48%$248.45
49,150 at 4.49%$248.74
49,150 at 4.5%$249.04
49,150 at 4.51%$249.33
49,150 at 4.52%$249.62
49,150 at 4.53%$249.91
49,150 at 4.54%$250.21
49,150 at 4.55%$250.50
49,150 at 4.56%$250.79
49,150 at 4.57%$251.08
49,150 at 4.58%$251.38
49,150 at 4.59%$251.67
49,150 at 4.6%$251.96
49,150 at 4.61%$252.26
49,150 at 4.62%$252.55
49,150 at 4.63%$252.85
49,150 at 4.64%$253.14
49,150 at 4.65%$253.44
49,150 at 4.66%$253.73
49,150 at 4.67%$254.02
49,150 at 4.68%$254.32
49,150 at 4.69%$254.62
49,150 at 4.7%$254.91
49,150 at 4.71%$255.21
49,150 at 4.72%$255.50
49,150 at 4.73%$255.80
49,150 at 4.74%$256.09
49,150 at 4.75%$256.39
49,150 at 4.76%$256.69
49,150 at 4.77%$256.98
49,150 at 4.78%$257.28
49,150 at 4.79%$257.58
49,150 at 4.8%$257.87
49,150 at 4.81%$258.17
49,150 at 4.82%$258.47
49,150 at 4.83%$258.77
49,150 at 4.84%$259.06
49,150 at 4.85%$259.36
49,150 at 4.86%$259.66
49,150 at 4.87%$259.96
49,150 at 4.88%$260.26
49,150 at 4.89%$260.55
49,150 at 4.9%$260.85
49,150 at 4.91%$261.15
49,150 at 4.92%$261.45
49,150 at 4.93%$261.75
49,150 at 4.94%$262.05
49,150 at 4.95%$262.35
49,150 at 4.96%$262.65
49,150 at 4.97%$262.95
49,150 at 4.98%$263.25
49,150 at 4.99%$263.55
49,150 at 5%$263.85
Interest Rate 30 Year
49,150 at 5.01%$264.15
49,150 at 5.02%$264.45
49,150 at 5.03%$264.75
49,150 at 5.04%$265.05
49,150 at 5.05%$265.35
49,150 at 5.06%$265.65
49,150 at 5.07%$265.95
49,150 at 5.08%$266.26
49,150 at 5.09%$266.56
49,150 at 5.1%$266.86
49,150 at 5.11%$267.16
49,150 at 5.12%$267.46
49,150 at 5.13%$267.77
49,150 at 5.14%$268.07
49,150 at 5.15%$268.37
49,150 at 5.16%$268.67
49,150 at 5.17%$268.98
49,150 at 5.18%$269.28
49,150 at 5.19%$269.58
49,150 at 5.2%$269.89
49,150 at 5.21%$270.19
49,150 at 5.22%$270.50
49,150 at 5.23%$270.80
49,150 at 5.24%$271.10
49,150 at 5.25%$271.41
49,150 at 5.26%$271.71
49,150 at 5.27%$272.02
49,150 at 5.28%$272.32
49,150 at 5.29%$272.63
49,150 at 5.3%$272.93
49,150 at 5.31%$273.24
49,150 at 5.32%$273.54
49,150 at 5.33%$273.85
49,150 at 5.34%$274.15
49,150 at 5.35%$274.46
49,150 at 5.36%$274.77
49,150 at 5.37%$275.07
49,150 at 5.38%$275.38
49,150 at 5.39%$275.69
49,150 at 5.4%$275.99
49,150 at 5.41%$276.30
49,150 at 5.42%$276.61
49,150 at 5.43%$276.91
49,150 at 5.44%$277.22
49,150 at 5.45%$277.53
49,150 at 5.46%$277.84
49,150 at 5.47%$278.14
49,150 at 5.48%$278.45
49,150 at 5.49%$278.76
49,150 at 5.5%$279.07
49,150 at 5.51%$279.38
49,150 at 5.52%$279.69
49,150 at 5.53%$279.99
49,150 at 5.54%$280.30
49,150 at 5.55%$280.61
49,150 at 5.56%$280.92
49,150 at 5.57%$281.23
49,150 at 5.58%$281.54
49,150 at 5.59%$281.85
49,150 at 5.6%$282.16
49,150 at 5.61%$282.47
49,150 at 5.62%$282.78
49,150 at 5.63%$283.09
49,150 at 5.64%$283.40
49,150 at 5.65%$283.71
49,150 at 5.66%$284.02
49,150 at 5.67%$284.33
49,150 at 5.68%$284.64
49,150 at 5.69%$284.96
49,150 at 5.7%$285.27
49,150 at 5.71%$285.58
49,150 at 5.72%$285.89
49,150 at 5.73%$286.20
49,150 at 5.74%$286.51
49,150 at 5.75%$286.83
49,150 at 5.76%$287.14
49,150 at 5.77%$287.45
49,150 at 5.78%$287.76
49,150 at 5.79%$288.08
49,150 at 5.8%$288.39
49,150 at 5.81%$288.70
49,150 at 5.82%$289.02
49,150 at 5.83%$289.33
49,150 at 5.84%$289.64
49,150 at 5.85%$289.96
49,150 at 5.86%$290.27
49,150 at 5.87%$290.58
49,150 at 5.88%$290.90
49,150 at 5.89%$291.21
49,150 at 5.9%$291.53
49,150 at 5.91%$291.84
49,150 at 5.92%$292.16
49,150 at 5.93%$292.47
49,150 at 5.94%$292.79
49,150 at 5.95%$293.10
49,150 at 5.96%$293.42
49,150 at 5.97%$293.73
49,150 at 5.98%$294.05
49,150 at 5.99%$294.36
49,150 at 6%$294.68
49,150 at 6.01%$295.00
49,150 at 6.02%$295.31
49,150 at 6.03%$295.63
49,150 at 6.04%$295.94
49,150 at 6.05%$296.26
49,150 at 6.06%$296.58
49,150 at 6.07%$296.89
49,150 at 6.08%$297.21
49,150 at 6.09%$297.53
49,150 at 6.1%$297.85
49,150 at 6.11%$298.16
49,150 at 6.12%$298.48
49,150 at 6.13%$298.80
49,150 at 6.14%$299.12
49,150 at 6.15%$299.44
49,150 at 6.16%$299.75
49,150 at 6.17%$300.07
49,150 at 6.18%$300.39
49,150 at 6.19%$300.71
49,150 at 6.2%$301.03
49,150 at 6.21%$301.35
49,150 at 6.22%$301.67
49,150 at 6.23%$301.99
49,150 at 6.24%$302.31
49,150 at 6.25%$302.63
49,150 at 6.26%$302.94
49,150 at 6.27%$303.26
49,150 at 6.28%$303.58
49,150 at 6.29%$303.90
49,150 at 6.3%$304.23
49,150 at 6.31%$304.55
49,150 at 6.32%$304.87
49,150 at 6.33%$305.19
49,150 at 6.34%$305.51
49,150 at 6.35%$305.83
49,150 at 6.36%$306.15
49,150 at 6.37%$306.47
49,150 at 6.38%$306.79
49,150 at 6.39%$307.11
49,150 at 6.4%$307.44
49,150 at 6.41%$307.76
49,150 at 6.42%$308.08
49,150 at 6.43%$308.40
49,150 at 6.44%$308.72
49,150 at 6.45%$309.05
49,150 at 6.46%$309.37
49,150 at 6.47%$309.69
49,150 at 6.48%$310.02
49,150 at 6.49%$310.34
49,150 at 6.5%$310.66
Interest Rate 30 Year
49,150 at 6.51%$310.98
49,150 at 6.52%$311.31
49,150 at 6.53%$311.63
49,150 at 6.54%$311.96
49,150 at 6.55%$312.28
49,150 at 6.56%$312.60
49,150 at 6.57%$312.93
49,150 at 6.58%$313.25
49,150 at 6.59%$313.58
49,150 at 6.6%$313.90
49,150 at 6.61%$314.23
49,150 at 6.62%$314.55
49,150 at 6.63%$314.88
49,150 at 6.64%$315.20
49,150 at 6.65%$315.53
49,150 at 6.66%$315.85
49,150 at 6.67%$316.18
49,150 at 6.68%$316.50
49,150 at 6.69%$316.83
49,150 at 6.7%$317.15
49,150 at 6.71%$317.48
49,150 at 6.72%$317.81
49,150 at 6.73%$318.13
49,150 at 6.74%$318.46
49,150 at 6.75%$318.79
49,150 at 6.76%$319.11
49,150 at 6.77%$319.44
49,150 at 6.78%$319.77
49,150 at 6.79%$320.09
49,150 at 6.8%$320.42
49,150 at 6.81%$320.75
49,150 at 6.82%$321.08
49,150 at 6.83%$321.40
49,150 at 6.84%$321.73
49,150 at 6.85%$322.06
49,150 at 6.86%$322.39
49,150 at 6.87%$322.72
49,150 at 6.88%$323.04
49,150 at 6.89%$323.37
49,150 at 6.9%$323.70
49,150 at 6.91%$324.03
49,150 at 6.92%$324.36
49,150 at 6.93%$324.69
49,150 at 6.94%$325.02
49,150 at 6.95%$325.35
49,150 at 6.96%$325.68
49,150 at 6.97%$326.01
49,150 at 6.98%$326.34
49,150 at 6.99%$326.67
49,150 at 7%$327.00
49,150 at 7.01%$327.33
49,150 at 7.02%$327.66
49,150 at 7.03%$327.99
49,150 at 7.04%$328.32
49,150 at 7.05%$328.65
49,150 at 7.06%$328.98
49,150 at 7.07%$329.31
49,150 at 7.08%$329.64
49,150 at 7.09%$329.97
49,150 at 7.1%$330.30
49,150 at 7.11%$330.64
49,150 at 7.12%$330.97
49,150 at 7.13%$331.30
49,150 at 7.14%$331.63
49,150 at 7.15%$331.96
49,150 at 7.16%$332.29
49,150 at 7.17%$332.63
49,150 at 7.18%$332.96
49,150 at 7.19%$333.29
49,150 at 7.2%$333.62
49,150 at 7.21%$333.96
49,150 at 7.22%$334.29
49,150 at 7.23%$334.62
49,150 at 7.24%$334.96
49,150 at 7.25%$335.29
49,150 at 7.26%$335.62
49,150 at 7.27%$335.96
49,150 at 7.28%$336.29
49,150 at 7.29%$336.62
49,150 at 7.3%$336.96
49,150 at 7.31%$337.29
49,150 at 7.32%$337.63
49,150 at 7.33%$337.96
49,150 at 7.34%$338.30
49,150 at 7.35%$338.63
49,150 at 7.36%$338.96
49,150 at 7.37%$339.30
49,150 at 7.38%$339.63
49,150 at 7.39%$339.97
49,150 at 7.4%$340.30
49,150 at 7.41%$340.64
49,150 at 7.42%$340.98
49,150 at 7.43%$341.31
49,150 at 7.44%$341.65
49,150 at 7.45%$341.98
49,150 at 7.46%$342.32
49,150 at 7.47%$342.65
49,150 at 7.48%$342.99
49,150 at 7.49%$343.33
49,150 at 7.5%$343.66
49,150 at 7.51%$344.00
49,150 at 7.52%$344.34
49,150 at 7.53%$344.67
49,150 at 7.54%$345.01
49,150 at 7.55%$345.35
49,150 at 7.56%$345.69
49,150 at 7.57%$346.02
49,150 at 7.58%$346.36
49,150 at 7.59%$346.70
49,150 at 7.6%$347.04
49,150 at 7.61%$347.37
49,150 at 7.62%$347.71
49,150 at 7.63%$348.05
49,150 at 7.64%$348.39
49,150 at 7.65%$348.73
49,150 at 7.66%$349.06
49,150 at 7.67%$349.40
49,150 at 7.68%$349.74
49,150 at 7.69%$350.08
49,150 at 7.7%$350.42
49,150 at 7.71%$350.76
49,150 at 7.72%$351.10
49,150 at 7.73%$351.44
49,150 at 7.74%$351.78
49,150 at 7.75%$352.12
49,150 at 7.76%$352.46
49,150 at 7.77%$352.80
49,150 at 7.78%$353.14
49,150 at 7.79%$353.48
49,150 at 7.8%$353.82
49,150 at 7.81%$354.16
49,150 at 7.82%$354.50
49,150 at 7.83%$354.84
49,150 at 7.84%$355.18
49,150 at 7.85%$355.52
49,150 at 7.86%$355.86
49,150 at 7.87%$356.20
49,150 at 7.88%$356.54
49,150 at 7.89%$356.88
49,150 at 7.9%$357.22
49,150 at 7.91%$357.57
49,150 at 7.92%$357.91
49,150 at 7.93%$358.25
49,150 at 7.94%$358.59
49,150 at 7.95%$358.93
49,150 at 7.96%$359.28
49,150 at 7.97%$359.62
49,150 at 7.98%$359.96
49,150 at 7.99%$360.30
49,150 at 8%$360.65
More Amounts
What is the down payment for a $49,150 house? How much do you need to put down?
Percent Down Down Payment
1%492
2%983
3%1,475
4%1,966
5%2,458
6%2,949
7%3,441
8%3,932
9%4,424
10%4,915
11%5,407
12%5,898
13%6,390
14%6,881
15%7,373
16%7,864
17%8,356
18%8,847
19%9,339
20%9,830
Percent Down Down Payment
21%10,322
22%10,813
23%11,305
24%11,796
25%12,288
26%12,779
27%13,271
28%13,762
29%14,254
30%14,745
31%15,237
32%15,728
33%16,220
34%16,711
35%17,203
36%17,694
37%18,186
38%18,677
39%19,169
40%19,660
Percent Down Down Payment
41%20,152
42%20,643
43%21,135
44%21,626
45%22,118
46%22,609
47%23,101
48%23,592
49%24,084
50%24,575
51%25,067
52%25,558
53%26,050
54%26,541
55%27,033
56%27,524
57%28,016
58%28,507
59%28,999
60%29,490
Percent Down Down Payment
61%29,982
62%30,473
63%30,965
64%31,456
65%31,948
66%32,439
67%32,931
68%33,422
69%33,914
70%34,405
71%34,897
72%35,388
73%35,880
74%36,371
75%36,863
76%37,354
77%37,846
78%38,337
79%38,829
80%39,320
Percent Down Down Payment
81%39,812
82%40,303
83%40,795
84%41,286
85%41,778
86%42,269
87%42,761
88%43,252
89%43,744
90%44,235
91%44,727
92%45,218
93%45,710
94%46,201
95%46,693
96%47,184
97%47,676
98%48,167
99%48,659
100%49,150
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.