$49,250 Mortgage for 30 Years

What is the monthly payment of a 49,250 dollar loan?
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Loan Tables for a $49,250 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 $49,250 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
49,250 at 2.01%$182.28
49,250 at 2.02%$182.53
49,250 at 2.03%$182.78
49,250 at 2.04%$183.02
49,250 at 2.05%$183.27
49,250 at 2.06%$183.52
49,250 at 2.07%$183.77
49,250 at 2.08%$184.01
49,250 at 2.09%$184.26
49,250 at 2.1%$184.51
49,250 at 2.11%$184.76
49,250 at 2.12%$185.01
49,250 at 2.13%$185.26
49,250 at 2.14%$185.50
49,250 at 2.15%$185.75
49,250 at 2.16%$186.00
49,250 at 2.17%$186.25
49,250 at 2.18%$186.50
49,250 at 2.19%$186.75
49,250 at 2.2%$187.00
49,250 at 2.21%$187.25
49,250 at 2.22%$187.50
49,250 at 2.23%$187.75
49,250 at 2.24%$188.01
49,250 at 2.25%$188.26
49,250 at 2.26%$188.51
49,250 at 2.27%$188.76
49,250 at 2.28%$189.01
49,250 at 2.29%$189.26
49,250 at 2.3%$189.51
49,250 at 2.31%$189.77
49,250 at 2.32%$190.02
49,250 at 2.33%$190.27
49,250 at 2.34%$190.52
49,250 at 2.35%$190.78
49,250 at 2.36%$191.03
49,250 at 2.37%$191.28
49,250 at 2.38%$191.54
49,250 at 2.39%$191.79
49,250 at 2.4%$192.05
49,250 at 2.41%$192.30
49,250 at 2.42%$192.55
49,250 at 2.43%$192.81
49,250 at 2.44%$193.06
49,250 at 2.45%$193.32
49,250 at 2.46%$193.57
49,250 at 2.47%$193.83
49,250 at 2.48%$194.09
49,250 at 2.49%$194.34
49,250 at 2.5%$194.60
49,250 at 2.51%$194.85
49,250 at 2.52%$195.11
49,250 at 2.53%$195.37
49,250 at 2.54%$195.62
49,250 at 2.55%$195.88
49,250 at 2.56%$196.14
49,250 at 2.57%$196.39
49,250 at 2.58%$196.65
49,250 at 2.59%$196.91
49,250 at 2.6%$197.17
49,250 at 2.61%$197.43
49,250 at 2.62%$197.68
49,250 at 2.63%$197.94
49,250 at 2.64%$198.20
49,250 at 2.65%$198.46
49,250 at 2.66%$198.72
49,250 at 2.67%$198.98
49,250 at 2.68%$199.24
49,250 at 2.69%$199.50
49,250 at 2.7%$199.76
49,250 at 2.71%$200.02
49,250 at 2.72%$200.28
49,250 at 2.73%$200.54
49,250 at 2.74%$200.80
49,250 at 2.75%$201.06
49,250 at 2.76%$201.32
49,250 at 2.77%$201.58
49,250 at 2.78%$201.84
49,250 at 2.79%$202.10
49,250 at 2.8%$202.37
49,250 at 2.81%$202.63
49,250 at 2.82%$202.89
49,250 at 2.83%$203.15
49,250 at 2.84%$203.41
49,250 at 2.85%$203.68
49,250 at 2.86%$203.94
49,250 at 2.87%$204.20
49,250 at 2.88%$204.47
49,250 at 2.89%$204.73
49,250 at 2.9%$204.99
49,250 at 2.91%$205.26
49,250 at 2.92%$205.52
49,250 at 2.93%$205.79
49,250 at 2.94%$206.05
49,250 at 2.95%$206.31
49,250 at 2.96%$206.58
49,250 at 2.97%$206.84
49,250 at 2.98%$207.11
49,250 at 2.99%$207.37
49,250 at 3%$207.64
49,250 at 3.01%$207.91
49,250 at 3.02%$208.17
49,250 at 3.03%$208.44
49,250 at 3.04%$208.70
49,250 at 3.05%$208.97
49,250 at 3.06%$209.24
49,250 at 3.07%$209.50
49,250 at 3.08%$209.77
49,250 at 3.09%$210.04
49,250 at 3.1%$210.31
49,250 at 3.11%$210.57
49,250 at 3.12%$210.84
49,250 at 3.13%$211.11
49,250 at 3.14%$211.38
49,250 at 3.15%$211.65
49,250 at 3.16%$211.91
49,250 at 3.17%$212.18
49,250 at 3.18%$212.45
49,250 at 3.19%$212.72
49,250 at 3.2%$212.99
49,250 at 3.21%$213.26
49,250 at 3.22%$213.53
49,250 at 3.23%$213.80
49,250 at 3.24%$214.07
49,250 at 3.25%$214.34
49,250 at 3.26%$214.61
49,250 at 3.27%$214.88
49,250 at 3.28%$215.15
49,250 at 3.29%$215.42
49,250 at 3.3%$215.69
49,250 at 3.31%$215.96
49,250 at 3.32%$216.24
49,250 at 3.33%$216.51
49,250 at 3.34%$216.78
49,250 at 3.35%$217.05
49,250 at 3.36%$217.32
49,250 at 3.37%$217.60
49,250 at 3.38%$217.87
49,250 at 3.39%$218.14
49,250 at 3.4%$218.41
49,250 at 3.41%$218.69
49,250 at 3.42%$218.96
49,250 at 3.43%$219.23
49,250 at 3.44%$219.51
49,250 at 3.45%$219.78
49,250 at 3.46%$220.06
49,250 at 3.47%$220.33
49,250 at 3.48%$220.61
49,250 at 3.49%$220.88
49,250 at 3.5%$221.15
Interest Rate 30 Year
49,250 at 3.51%$221.43
49,250 at 3.52%$221.70
49,250 at 3.53%$221.98
49,250 at 3.54%$222.26
49,250 at 3.55%$222.53
49,250 at 3.56%$222.81
49,250 at 3.57%$223.08
49,250 at 3.58%$223.36
49,250 at 3.59%$223.64
49,250 at 3.6%$223.91
49,250 at 3.61%$224.19
49,250 at 3.62%$224.47
49,250 at 3.63%$224.74
49,250 at 3.64%$225.02
49,250 at 3.65%$225.30
49,250 at 3.66%$225.58
49,250 at 3.67%$225.85
49,250 at 3.68%$226.13
49,250 at 3.69%$226.41
49,250 at 3.7%$226.69
49,250 at 3.71%$226.97
49,250 at 3.72%$227.25
49,250 at 3.73%$227.53
49,250 at 3.74%$227.81
49,250 at 3.75%$228.08
49,250 at 3.76%$228.36
49,250 at 3.77%$228.64
49,250 at 3.78%$228.92
49,250 at 3.79%$229.20
49,250 at 3.8%$229.48
49,250 at 3.81%$229.76
49,250 at 3.82%$230.05
49,250 at 3.83%$230.33
49,250 at 3.84%$230.61
49,250 at 3.85%$230.89
49,250 at 3.86%$231.17
49,250 at 3.87%$231.45
49,250 at 3.88%$231.73
49,250 at 3.89%$232.01
49,250 at 3.9%$232.30
49,250 at 3.91%$232.58
49,250 at 3.92%$232.86
49,250 at 3.93%$233.14
49,250 at 3.94%$233.43
49,250 at 3.95%$233.71
49,250 at 3.96%$233.99
49,250 at 3.97%$234.28
49,250 at 3.98%$234.56
49,250 at 3.99%$234.84
49,250 at 4%$235.13
49,250 at 4.01%$235.41
49,250 at 4.02%$235.70
49,250 at 4.03%$235.98
49,250 at 4.04%$236.26
49,250 at 4.05%$236.55
49,250 at 4.06%$236.83
49,250 at 4.07%$237.12
49,250 at 4.08%$237.40
49,250 at 4.09%$237.69
49,250 at 4.1%$237.98
49,250 at 4.11%$238.26
49,250 at 4.12%$238.55
49,250 at 4.13%$238.83
49,250 at 4.14%$239.12
49,250 at 4.15%$239.41
49,250 at 4.16%$239.69
49,250 at 4.17%$239.98
49,250 at 4.18%$240.27
49,250 at 4.19%$240.55
49,250 at 4.2%$240.84
49,250 at 4.21%$241.13
49,250 at 4.22%$241.42
49,250 at 4.23%$241.70
49,250 at 4.24%$241.99
49,250 at 4.25%$242.28
49,250 at 4.26%$242.57
49,250 at 4.27%$242.86
49,250 at 4.28%$243.15
49,250 at 4.29%$243.44
49,250 at 4.3%$243.72
49,250 at 4.31%$244.01
49,250 at 4.32%$244.30
49,250 at 4.33%$244.59
49,250 at 4.34%$244.88
49,250 at 4.35%$245.17
49,250 at 4.36%$245.46
49,250 at 4.37%$245.75
49,250 at 4.38%$246.04
49,250 at 4.39%$246.33
49,250 at 4.4%$246.62
49,250 at 4.41%$246.92
49,250 at 4.42%$247.21
49,250 at 4.43%$247.50
49,250 at 4.44%$247.79
49,250 at 4.45%$248.08
49,250 at 4.46%$248.37
49,250 at 4.47%$248.67
49,250 at 4.48%$248.96
49,250 at 4.49%$249.25
49,250 at 4.5%$249.54
49,250 at 4.51%$249.84
49,250 at 4.52%$250.13
49,250 at 4.53%$250.42
49,250 at 4.54%$250.71
49,250 at 4.55%$251.01
49,250 at 4.56%$251.30
49,250 at 4.57%$251.60
49,250 at 4.58%$251.89
49,250 at 4.59%$252.18
49,250 at 4.6%$252.48
49,250 at 4.61%$252.77
49,250 at 4.62%$253.07
49,250 at 4.63%$253.36
49,250 at 4.64%$253.66
49,250 at 4.65%$253.95
49,250 at 4.66%$254.25
49,250 at 4.67%$254.54
49,250 at 4.68%$254.84
49,250 at 4.69%$255.13
49,250 at 4.7%$255.43
49,250 at 4.71%$255.73
49,250 at 4.72%$256.02
49,250 at 4.73%$256.32
49,250 at 4.74%$256.61
49,250 at 4.75%$256.91
49,250 at 4.76%$257.21
49,250 at 4.77%$257.51
49,250 at 4.78%$257.80
49,250 at 4.79%$258.10
49,250 at 4.8%$258.40
49,250 at 4.81%$258.70
49,250 at 4.82%$258.99
49,250 at 4.83%$259.29
49,250 at 4.84%$259.59
49,250 at 4.85%$259.89
49,250 at 4.86%$260.19
49,250 at 4.87%$260.49
49,250 at 4.88%$260.78
49,250 at 4.89%$261.08
49,250 at 4.9%$261.38
49,250 at 4.91%$261.68
49,250 at 4.92%$261.98
49,250 at 4.93%$262.28
49,250 at 4.94%$262.58
49,250 at 4.95%$262.88
49,250 at 4.96%$263.18
49,250 at 4.97%$263.48
49,250 at 4.98%$263.78
49,250 at 4.99%$264.08
49,250 at 5%$264.38
Interest Rate 30 Year
49,250 at 5.01%$264.69
49,250 at 5.02%$264.99
49,250 at 5.03%$265.29
49,250 at 5.04%$265.59
49,250 at 5.05%$265.89
49,250 at 5.06%$266.19
49,250 at 5.07%$266.50
49,250 at 5.08%$266.80
49,250 at 5.09%$267.10
49,250 at 5.1%$267.40
49,250 at 5.11%$267.71
49,250 at 5.12%$268.01
49,250 at 5.13%$268.31
49,250 at 5.14%$268.61
49,250 at 5.15%$268.92
49,250 at 5.16%$269.22
49,250 at 5.17%$269.53
49,250 at 5.18%$269.83
49,250 at 5.19%$270.13
49,250 at 5.2%$270.44
49,250 at 5.21%$270.74
49,250 at 5.22%$271.05
49,250 at 5.23%$271.35
49,250 at 5.24%$271.66
49,250 at 5.25%$271.96
49,250 at 5.26%$272.27
49,250 at 5.27%$272.57
49,250 at 5.28%$272.88
49,250 at 5.29%$273.18
49,250 at 5.3%$273.49
49,250 at 5.31%$273.79
49,250 at 5.32%$274.10
49,250 at 5.33%$274.41
49,250 at 5.34%$274.71
49,250 at 5.35%$275.02
49,250 at 5.36%$275.33
49,250 at 5.37%$275.63
49,250 at 5.38%$275.94
49,250 at 5.39%$276.25
49,250 at 5.4%$276.55
49,250 at 5.41%$276.86
49,250 at 5.42%$277.17
49,250 at 5.43%$277.48
49,250 at 5.44%$277.78
49,250 at 5.45%$278.09
49,250 at 5.46%$278.40
49,250 at 5.47%$278.71
49,250 at 5.48%$279.02
49,250 at 5.49%$279.33
49,250 at 5.5%$279.64
49,250 at 5.51%$279.95
49,250 at 5.52%$280.25
49,250 at 5.53%$280.56
49,250 at 5.54%$280.87
49,250 at 5.55%$281.18
49,250 at 5.56%$281.49
49,250 at 5.57%$281.80
49,250 at 5.58%$282.11
49,250 at 5.59%$282.42
49,250 at 5.6%$282.73
49,250 at 5.61%$283.04
49,250 at 5.62%$283.36
49,250 at 5.63%$283.67
49,250 at 5.64%$283.98
49,250 at 5.65%$284.29
49,250 at 5.66%$284.60
49,250 at 5.67%$284.91
49,250 at 5.68%$285.22
49,250 at 5.69%$285.54
49,250 at 5.7%$285.85
49,250 at 5.71%$286.16
49,250 at 5.72%$286.47
49,250 at 5.73%$286.78
49,250 at 5.74%$287.10
49,250 at 5.75%$287.41
49,250 at 5.76%$287.72
49,250 at 5.77%$288.04
49,250 at 5.78%$288.35
49,250 at 5.79%$288.66
49,250 at 5.8%$288.98
49,250 at 5.81%$289.29
49,250 at 5.82%$289.60
49,250 at 5.83%$289.92
49,250 at 5.84%$290.23
49,250 at 5.85%$290.55
49,250 at 5.86%$290.86
49,250 at 5.87%$291.17
49,250 at 5.88%$291.49
49,250 at 5.89%$291.80
49,250 at 5.9%$292.12
49,250 at 5.91%$292.43
49,250 at 5.92%$292.75
49,250 at 5.93%$293.07
49,250 at 5.94%$293.38
49,250 at 5.95%$293.70
49,250 at 5.96%$294.01
49,250 at 5.97%$294.33
49,250 at 5.98%$294.65
49,250 at 5.99%$294.96
49,250 at 6%$295.28
49,250 at 6.01%$295.60
49,250 at 6.02%$295.91
49,250 at 6.03%$296.23
49,250 at 6.04%$296.55
49,250 at 6.05%$296.86
49,250 at 6.06%$297.18
49,250 at 6.07%$297.50
49,250 at 6.08%$297.82
49,250 at 6.09%$298.13
49,250 at 6.1%$298.45
49,250 at 6.11%$298.77
49,250 at 6.12%$299.09
49,250 at 6.13%$299.41
49,250 at 6.14%$299.73
49,250 at 6.15%$300.04
49,250 at 6.16%$300.36
49,250 at 6.17%$300.68
49,250 at 6.18%$301.00
49,250 at 6.19%$301.32
49,250 at 6.2%$301.64
49,250 at 6.21%$301.96
49,250 at 6.22%$302.28
49,250 at 6.23%$302.60
49,250 at 6.24%$302.92
49,250 at 6.25%$303.24
49,250 at 6.26%$303.56
49,250 at 6.27%$303.88
49,250 at 6.28%$304.20
49,250 at 6.29%$304.52
49,250 at 6.3%$304.84
49,250 at 6.31%$305.17
49,250 at 6.32%$305.49
49,250 at 6.33%$305.81
49,250 at 6.34%$306.13
49,250 at 6.35%$306.45
49,250 at 6.36%$306.77
49,250 at 6.37%$307.09
49,250 at 6.38%$307.42
49,250 at 6.39%$307.74
49,250 at 6.4%$308.06
49,250 at 6.41%$308.38
49,250 at 6.42%$308.71
49,250 at 6.43%$309.03
49,250 at 6.44%$309.35
49,250 at 6.45%$309.68
49,250 at 6.46%$310.00
49,250 at 6.47%$310.32
49,250 at 6.48%$310.65
49,250 at 6.49%$310.97
49,250 at 6.5%$311.29
Interest Rate 30 Year
49,250 at 6.51%$311.62
49,250 at 6.52%$311.94
49,250 at 6.53%$312.27
49,250 at 6.54%$312.59
49,250 at 6.55%$312.91
49,250 at 6.56%$313.24
49,250 at 6.57%$313.56
49,250 at 6.58%$313.89
49,250 at 6.59%$314.21
49,250 at 6.6%$314.54
49,250 at 6.61%$314.86
49,250 at 6.62%$315.19
49,250 at 6.63%$315.52
49,250 at 6.64%$315.84
49,250 at 6.65%$316.17
49,250 at 6.66%$316.49
49,250 at 6.67%$316.82
49,250 at 6.68%$317.15
49,250 at 6.69%$317.47
49,250 at 6.7%$317.80
49,250 at 6.71%$318.13
49,250 at 6.72%$318.45
49,250 at 6.73%$318.78
49,250 at 6.74%$319.11
49,250 at 6.75%$319.43
49,250 at 6.76%$319.76
49,250 at 6.77%$320.09
49,250 at 6.78%$320.42
49,250 at 6.79%$320.75
49,250 at 6.8%$321.07
49,250 at 6.81%$321.40
49,250 at 6.82%$321.73
49,250 at 6.83%$322.06
49,250 at 6.84%$322.39
49,250 at 6.85%$322.72
49,250 at 6.86%$323.04
49,250 at 6.87%$323.37
49,250 at 6.88%$323.70
49,250 at 6.89%$324.03
49,250 at 6.9%$324.36
49,250 at 6.91%$324.69
49,250 at 6.92%$325.02
49,250 at 6.93%$325.35
49,250 at 6.94%$325.68
49,250 at 6.95%$326.01
49,250 at 6.96%$326.34
49,250 at 6.97%$326.67
49,250 at 6.98%$327.00
49,250 at 6.99%$327.33
49,250 at 7%$327.66
49,250 at 7.01%$327.99
49,250 at 7.02%$328.32
49,250 at 7.03%$328.65
49,250 at 7.04%$328.99
49,250 at 7.05%$329.32
49,250 at 7.06%$329.65
49,250 at 7.07%$329.98
49,250 at 7.08%$330.31
49,250 at 7.09%$330.64
49,250 at 7.1%$330.98
49,250 at 7.11%$331.31
49,250 at 7.12%$331.64
49,250 at 7.13%$331.97
49,250 at 7.14%$332.31
49,250 at 7.15%$332.64
49,250 at 7.16%$332.97
49,250 at 7.17%$333.30
49,250 at 7.18%$333.64
49,250 at 7.19%$333.97
49,250 at 7.2%$334.30
49,250 at 7.21%$334.64
49,250 at 7.22%$334.97
49,250 at 7.23%$335.30
49,250 at 7.24%$335.64
49,250 at 7.25%$335.97
49,250 at 7.26%$336.31
49,250 at 7.27%$336.64
49,250 at 7.28%$336.97
49,250 at 7.29%$337.31
49,250 at 7.3%$337.64
49,250 at 7.31%$337.98
49,250 at 7.32%$338.31
49,250 at 7.33%$338.65
49,250 at 7.34%$338.98
49,250 at 7.35%$339.32
49,250 at 7.36%$339.65
49,250 at 7.37%$339.99
49,250 at 7.38%$340.33
49,250 at 7.39%$340.66
49,250 at 7.4%$341.00
49,250 at 7.41%$341.33
49,250 at 7.42%$341.67
49,250 at 7.43%$342.01
49,250 at 7.44%$342.34
49,250 at 7.45%$342.68
49,250 at 7.46%$343.02
49,250 at 7.47%$343.35
49,250 at 7.48%$343.69
49,250 at 7.49%$344.03
49,250 at 7.5%$344.36
49,250 at 7.51%$344.70
49,250 at 7.52%$345.04
49,250 at 7.53%$345.38
49,250 at 7.54%$345.71
49,250 at 7.55%$346.05
49,250 at 7.56%$346.39
49,250 at 7.57%$346.73
49,250 at 7.58%$347.07
49,250 at 7.59%$347.40
49,250 at 7.6%$347.74
49,250 at 7.61%$348.08
49,250 at 7.62%$348.42
49,250 at 7.63%$348.76
49,250 at 7.64%$349.10
49,250 at 7.65%$349.44
49,250 at 7.66%$349.77
49,250 at 7.67%$350.11
49,250 at 7.68%$350.45
49,250 at 7.69%$350.79
49,250 at 7.7%$351.13
49,250 at 7.71%$351.47
49,250 at 7.72%$351.81
49,250 at 7.73%$352.15
49,250 at 7.74%$352.49
49,250 at 7.75%$352.83
49,250 at 7.76%$353.17
49,250 at 7.77%$353.51
49,250 at 7.78%$353.85
49,250 at 7.79%$354.20
49,250 at 7.8%$354.54
49,250 at 7.81%$354.88
49,250 at 7.82%$355.22
49,250 at 7.83%$355.56
49,250 at 7.84%$355.90
49,250 at 7.85%$356.24
49,250 at 7.86%$356.58
49,250 at 7.87%$356.93
49,250 at 7.88%$357.27
49,250 at 7.89%$357.61
49,250 at 7.9%$357.95
49,250 at 7.91%$358.29
49,250 at 7.92%$358.64
49,250 at 7.93%$358.98
49,250 at 7.94%$359.32
49,250 at 7.95%$359.66
49,250 at 7.96%$360.01
49,250 at 7.97%$360.35
49,250 at 7.98%$360.69
49,250 at 7.99%$361.04
49,250 at 8%$361.38
More Amounts
What is the down payment for a $49,250 house? How much do you need to put down?
Percent Down Down Payment
1%493
2%985
3%1,478
4%1,970
5%2,463
6%2,955
7%3,448
8%3,940
9%4,433
10%4,925
11%5,418
12%5,910
13%6,403
14%6,895
15%7,388
16%7,880
17%8,373
18%8,865
19%9,358
20%9,850
Percent Down Down Payment
21%10,343
22%10,835
23%11,328
24%11,820
25%12,313
26%12,805
27%13,298
28%13,790
29%14,283
30%14,775
31%15,268
32%15,760
33%16,253
34%16,745
35%17,238
36%17,730
37%18,223
38%18,715
39%19,208
40%19,700
Percent Down Down Payment
41%20,193
42%20,685
43%21,178
44%21,670
45%22,163
46%22,655
47%23,148
48%23,640
49%24,133
50%24,625
51%25,118
52%25,610
53%26,103
54%26,595
55%27,088
56%27,580
57%28,073
58%28,565
59%29,058
60%29,550
Percent Down Down Payment
61%30,043
62%30,535
63%31,028
64%31,520
65%32,013
66%32,505
67%32,998
68%33,490
69%33,983
70%34,475
71%34,968
72%35,460
73%35,953
74%36,445
75%36,938
76%37,430
77%37,923
78%38,415
79%38,908
80%39,400
Percent Down Down Payment
81%39,893
82%40,385
83%40,878
84%41,370
85%41,863
86%42,355
87%42,848
88%43,340
89%43,833
90%44,325
91%44,818
92%45,310
93%45,803
94%46,295
95%46,788
96%47,280
97%47,773
98%48,265
99%48,758
100%49,250
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.