$49,350 Mortgage for 30 Years

What is the monthly payment of a 49,350 dollar loan?
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Loan Tables for a $49,350 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 $49,350 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
49,350 at 2.01%$182.65
49,350 at 2.02%$182.90
49,350 at 2.03%$183.15
49,350 at 2.04%$183.40
49,350 at 2.05%$183.64
49,350 at 2.06%$183.89
49,350 at 2.07%$184.14
49,350 at 2.08%$184.39
49,350 at 2.09%$184.64
49,350 at 2.1%$184.88
49,350 at 2.11%$185.13
49,350 at 2.12%$185.38
49,350 at 2.13%$185.63
49,350 at 2.14%$185.88
49,350 at 2.15%$186.13
49,350 at 2.16%$186.38
49,350 at 2.17%$186.63
49,350 at 2.18%$186.88
49,350 at 2.19%$187.13
49,350 at 2.2%$187.38
49,350 at 2.21%$187.63
49,350 at 2.22%$187.88
49,350 at 2.23%$188.14
49,350 at 2.24%$188.39
49,350 at 2.25%$188.64
49,350 at 2.26%$188.89
49,350 at 2.27%$189.14
49,350 at 2.28%$189.39
49,350 at 2.29%$189.65
49,350 at 2.3%$189.90
49,350 at 2.31%$190.15
49,350 at 2.32%$190.41
49,350 at 2.33%$190.66
49,350 at 2.34%$190.91
49,350 at 2.35%$191.17
49,350 at 2.36%$191.42
49,350 at 2.37%$191.67
49,350 at 2.38%$191.93
49,350 at 2.39%$192.18
49,350 at 2.4%$192.44
49,350 at 2.41%$192.69
49,350 at 2.42%$192.95
49,350 at 2.43%$193.20
49,350 at 2.44%$193.46
49,350 at 2.45%$193.71
49,350 at 2.46%$193.97
49,350 at 2.47%$194.22
49,350 at 2.48%$194.48
49,350 at 2.49%$194.74
49,350 at 2.5%$194.99
49,350 at 2.51%$195.25
49,350 at 2.52%$195.51
49,350 at 2.53%$195.76
49,350 at 2.54%$196.02
49,350 at 2.55%$196.28
49,350 at 2.56%$196.54
49,350 at 2.57%$196.79
49,350 at 2.58%$197.05
49,350 at 2.59%$197.31
49,350 at 2.6%$197.57
49,350 at 2.61%$197.83
49,350 at 2.62%$198.09
49,350 at 2.63%$198.34
49,350 at 2.64%$198.60
49,350 at 2.65%$198.86
49,350 at 2.66%$199.12
49,350 at 2.67%$199.38
49,350 at 2.68%$199.64
49,350 at 2.69%$199.90
49,350 at 2.7%$200.16
49,350 at 2.71%$200.42
49,350 at 2.72%$200.68
49,350 at 2.73%$200.94
49,350 at 2.74%$201.21
49,350 at 2.75%$201.47
49,350 at 2.76%$201.73
49,350 at 2.77%$201.99
49,350 at 2.78%$202.25
49,350 at 2.79%$202.51
49,350 at 2.8%$202.78
49,350 at 2.81%$203.04
49,350 at 2.82%$203.30
49,350 at 2.83%$203.56
49,350 at 2.84%$203.83
49,350 at 2.85%$204.09
49,350 at 2.86%$204.35
49,350 at 2.87%$204.62
49,350 at 2.88%$204.88
49,350 at 2.89%$205.15
49,350 at 2.9%$205.41
49,350 at 2.91%$205.67
49,350 at 2.92%$205.94
49,350 at 2.93%$206.20
49,350 at 2.94%$206.47
49,350 at 2.95%$206.73
49,350 at 2.96%$207.00
49,350 at 2.97%$207.26
49,350 at 2.98%$207.53
49,350 at 2.99%$207.80
49,350 at 3%$208.06
49,350 at 3.01%$208.33
49,350 at 3.02%$208.59
49,350 at 3.03%$208.86
49,350 at 3.04%$209.13
49,350 at 3.05%$209.39
49,350 at 3.06%$209.66
49,350 at 3.07%$209.93
49,350 at 3.08%$210.20
49,350 at 3.09%$210.46
49,350 at 3.1%$210.73
49,350 at 3.11%$211.00
49,350 at 3.12%$211.27
49,350 at 3.13%$211.54
49,350 at 3.14%$211.81
49,350 at 3.15%$212.08
49,350 at 3.16%$212.34
49,350 at 3.17%$212.61
49,350 at 3.18%$212.88
49,350 at 3.19%$213.15
49,350 at 3.2%$213.42
49,350 at 3.21%$213.69
49,350 at 3.22%$213.96
49,350 at 3.23%$214.23
49,350 at 3.24%$214.50
49,350 at 3.25%$214.77
49,350 at 3.26%$215.05
49,350 at 3.27%$215.32
49,350 at 3.28%$215.59
49,350 at 3.29%$215.86
49,350 at 3.3%$216.13
49,350 at 3.31%$216.40
49,350 at 3.32%$216.67
49,350 at 3.33%$216.95
49,350 at 3.34%$217.22
49,350 at 3.35%$217.49
49,350 at 3.36%$217.76
49,350 at 3.37%$218.04
49,350 at 3.38%$218.31
49,350 at 3.39%$218.58
49,350 at 3.4%$218.86
49,350 at 3.41%$219.13
49,350 at 3.42%$219.41
49,350 at 3.43%$219.68
49,350 at 3.44%$219.95
49,350 at 3.45%$220.23
49,350 at 3.46%$220.50
49,350 at 3.47%$220.78
49,350 at 3.48%$221.05
49,350 at 3.49%$221.33
49,350 at 3.5%$221.60
Interest Rate 30 Year
49,350 at 3.51%$221.88
49,350 at 3.52%$222.15
49,350 at 3.53%$222.43
49,350 at 3.54%$222.71
49,350 at 3.55%$222.98
49,350 at 3.56%$223.26
49,350 at 3.57%$223.54
49,350 at 3.58%$223.81
49,350 at 3.59%$224.09
49,350 at 3.6%$224.37
49,350 at 3.61%$224.64
49,350 at 3.62%$224.92
49,350 at 3.63%$225.20
49,350 at 3.64%$225.48
49,350 at 3.65%$225.76
49,350 at 3.66%$226.03
49,350 at 3.67%$226.31
49,350 at 3.68%$226.59
49,350 at 3.69%$226.87
49,350 at 3.7%$227.15
49,350 at 3.71%$227.43
49,350 at 3.72%$227.71
49,350 at 3.73%$227.99
49,350 at 3.74%$228.27
49,350 at 3.75%$228.55
49,350 at 3.76%$228.83
49,350 at 3.77%$229.11
49,350 at 3.78%$229.39
49,350 at 3.79%$229.67
49,350 at 3.8%$229.95
49,350 at 3.81%$230.23
49,350 at 3.82%$230.51
49,350 at 3.83%$230.79
49,350 at 3.84%$231.08
49,350 at 3.85%$231.36
49,350 at 3.86%$231.64
49,350 at 3.87%$231.92
49,350 at 3.88%$232.20
49,350 at 3.89%$232.49
49,350 at 3.9%$232.77
49,350 at 3.91%$233.05
49,350 at 3.92%$233.33
49,350 at 3.93%$233.62
49,350 at 3.94%$233.90
49,350 at 3.95%$234.18
49,350 at 3.96%$234.47
49,350 at 3.97%$234.75
49,350 at 3.98%$235.04
49,350 at 3.99%$235.32
49,350 at 4%$235.60
49,350 at 4.01%$235.89
49,350 at 4.02%$236.17
49,350 at 4.03%$236.46
49,350 at 4.04%$236.74
49,350 at 4.05%$237.03
49,350 at 4.06%$237.31
49,350 at 4.07%$237.60
49,350 at 4.08%$237.89
49,350 at 4.09%$238.17
49,350 at 4.1%$238.46
49,350 at 4.11%$238.74
49,350 at 4.12%$239.03
49,350 at 4.13%$239.32
49,350 at 4.14%$239.60
49,350 at 4.15%$239.89
49,350 at 4.16%$240.18
49,350 at 4.17%$240.47
49,350 at 4.18%$240.75
49,350 at 4.19%$241.04
49,350 at 4.2%$241.33
49,350 at 4.21%$241.62
49,350 at 4.22%$241.91
49,350 at 4.23%$242.19
49,350 at 4.24%$242.48
49,350 at 4.25%$242.77
49,350 at 4.26%$243.06
49,350 at 4.27%$243.35
49,350 at 4.28%$243.64
49,350 at 4.29%$243.93
49,350 at 4.3%$244.22
49,350 at 4.31%$244.51
49,350 at 4.32%$244.80
49,350 at 4.33%$245.09
49,350 at 4.34%$245.38
49,350 at 4.35%$245.67
49,350 at 4.36%$245.96
49,350 at 4.37%$246.25
49,350 at 4.38%$246.54
49,350 at 4.39%$246.83
49,350 at 4.4%$247.13
49,350 at 4.41%$247.42
49,350 at 4.42%$247.71
49,350 at 4.43%$248.00
49,350 at 4.44%$248.29
49,350 at 4.45%$248.59
49,350 at 4.46%$248.88
49,350 at 4.47%$249.17
49,350 at 4.48%$249.46
49,350 at 4.49%$249.76
49,350 at 4.5%$250.05
49,350 at 4.51%$250.34
49,350 at 4.52%$250.64
49,350 at 4.53%$250.93
49,350 at 4.54%$251.22
49,350 at 4.55%$251.52
49,350 at 4.56%$251.81
49,350 at 4.57%$252.11
49,350 at 4.58%$252.40
49,350 at 4.59%$252.70
49,350 at 4.6%$252.99
49,350 at 4.61%$253.29
49,350 at 4.62%$253.58
49,350 at 4.63%$253.88
49,350 at 4.64%$254.17
49,350 at 4.65%$254.47
49,350 at 4.66%$254.76
49,350 at 4.67%$255.06
49,350 at 4.68%$255.35
49,350 at 4.69%$255.65
49,350 at 4.7%$255.95
49,350 at 4.71%$256.24
49,350 at 4.72%$256.54
49,350 at 4.73%$256.84
49,350 at 4.74%$257.14
49,350 at 4.75%$257.43
49,350 at 4.76%$257.73
49,350 at 4.77%$258.03
49,350 at 4.78%$258.33
49,350 at 4.79%$258.62
49,350 at 4.8%$258.92
49,350 at 4.81%$259.22
49,350 at 4.82%$259.52
49,350 at 4.83%$259.82
49,350 at 4.84%$260.12
49,350 at 4.85%$260.42
49,350 at 4.86%$260.72
49,350 at 4.87%$261.01
49,350 at 4.88%$261.31
49,350 at 4.89%$261.61
49,350 at 4.9%$261.91
49,350 at 4.91%$262.21
49,350 at 4.92%$262.51
49,350 at 4.93%$262.81
49,350 at 4.94%$263.11
49,350 at 4.95%$263.42
49,350 at 4.96%$263.72
49,350 at 4.97%$264.02
49,350 at 4.98%$264.32
49,350 at 4.99%$264.62
49,350 at 5%$264.92
Interest Rate 30 Year
49,350 at 5.01%$265.22
49,350 at 5.02%$265.53
49,350 at 5.03%$265.83
49,350 at 5.04%$266.13
49,350 at 5.05%$266.43
49,350 at 5.06%$266.73
49,350 at 5.07%$267.04
49,350 at 5.08%$267.34
49,350 at 5.09%$267.64
49,350 at 5.1%$267.95
49,350 at 5.11%$268.25
49,350 at 5.12%$268.55
49,350 at 5.13%$268.86
49,350 at 5.14%$269.16
49,350 at 5.15%$269.46
49,350 at 5.16%$269.77
49,350 at 5.17%$270.07
49,350 at 5.18%$270.38
49,350 at 5.19%$270.68
49,350 at 5.2%$270.99
49,350 at 5.21%$271.29
49,350 at 5.22%$271.60
49,350 at 5.23%$271.90
49,350 at 5.24%$272.21
49,350 at 5.25%$272.51
49,350 at 5.26%$272.82
49,350 at 5.27%$273.12
49,350 at 5.28%$273.43
49,350 at 5.29%$273.74
49,350 at 5.3%$274.04
49,350 at 5.31%$274.35
49,350 at 5.32%$274.66
49,350 at 5.33%$274.96
49,350 at 5.34%$275.27
49,350 at 5.35%$275.58
49,350 at 5.36%$275.88
49,350 at 5.37%$276.19
49,350 at 5.38%$276.50
49,350 at 5.39%$276.81
49,350 at 5.4%$277.12
49,350 at 5.41%$277.42
49,350 at 5.42%$277.73
49,350 at 5.43%$278.04
49,350 at 5.44%$278.35
49,350 at 5.45%$278.66
49,350 at 5.46%$278.97
49,350 at 5.47%$279.28
49,350 at 5.48%$279.58
49,350 at 5.49%$279.89
49,350 at 5.5%$280.20
49,350 at 5.51%$280.51
49,350 at 5.52%$280.82
49,350 at 5.53%$281.13
49,350 at 5.54%$281.44
49,350 at 5.55%$281.75
49,350 at 5.56%$282.06
49,350 at 5.57%$282.38
49,350 at 5.58%$282.69
49,350 at 5.59%$283.00
49,350 at 5.6%$283.31
49,350 at 5.61%$283.62
49,350 at 5.62%$283.93
49,350 at 5.63%$284.24
49,350 at 5.64%$284.55
49,350 at 5.65%$284.87
49,350 at 5.66%$285.18
49,350 at 5.67%$285.49
49,350 at 5.68%$285.80
49,350 at 5.69%$286.11
49,350 at 5.7%$286.43
49,350 at 5.71%$286.74
49,350 at 5.72%$287.05
49,350 at 5.73%$287.37
49,350 at 5.74%$287.68
49,350 at 5.75%$287.99
49,350 at 5.76%$288.31
49,350 at 5.77%$288.62
49,350 at 5.78%$288.93
49,350 at 5.79%$289.25
49,350 at 5.8%$289.56
49,350 at 5.81%$289.88
49,350 at 5.82%$290.19
49,350 at 5.83%$290.51
49,350 at 5.84%$290.82
49,350 at 5.85%$291.14
49,350 at 5.86%$291.45
49,350 at 5.87%$291.77
49,350 at 5.88%$292.08
49,350 at 5.89%$292.40
49,350 at 5.9%$292.71
49,350 at 5.91%$293.03
49,350 at 5.92%$293.34
49,350 at 5.93%$293.66
49,350 at 5.94%$293.98
49,350 at 5.95%$294.29
49,350 at 5.96%$294.61
49,350 at 5.97%$294.93
49,350 at 5.98%$295.24
49,350 at 5.99%$295.56
49,350 at 6%$295.88
49,350 at 6.01%$296.20
49,350 at 6.02%$296.51
49,350 at 6.03%$296.83
49,350 at 6.04%$297.15
49,350 at 6.05%$297.47
49,350 at 6.06%$297.78
49,350 at 6.07%$298.10
49,350 at 6.08%$298.42
49,350 at 6.09%$298.74
49,350 at 6.1%$299.06
49,350 at 6.11%$299.38
49,350 at 6.12%$299.70
49,350 at 6.13%$300.02
49,350 at 6.14%$300.33
49,350 at 6.15%$300.65
49,350 at 6.16%$300.97
49,350 at 6.17%$301.29
49,350 at 6.18%$301.61
49,350 at 6.19%$301.93
49,350 at 6.2%$302.25
49,350 at 6.21%$302.57
49,350 at 6.22%$302.89
49,350 at 6.23%$303.21
49,350 at 6.24%$303.54
49,350 at 6.25%$303.86
49,350 at 6.26%$304.18
49,350 at 6.27%$304.50
49,350 at 6.28%$304.82
49,350 at 6.29%$305.14
49,350 at 6.3%$305.46
49,350 at 6.31%$305.78
49,350 at 6.32%$306.11
49,350 at 6.33%$306.43
49,350 at 6.34%$306.75
49,350 at 6.35%$307.07
49,350 at 6.36%$307.40
49,350 at 6.37%$307.72
49,350 at 6.38%$308.04
49,350 at 6.39%$308.36
49,350 at 6.4%$308.69
49,350 at 6.41%$309.01
49,350 at 6.42%$309.33
49,350 at 6.43%$309.66
49,350 at 6.44%$309.98
49,350 at 6.45%$310.30
49,350 at 6.46%$310.63
49,350 at 6.47%$310.95
49,350 at 6.48%$311.28
49,350 at 6.49%$311.60
49,350 at 6.5%$311.93
Interest Rate 30 Year
49,350 at 6.51%$312.25
49,350 at 6.52%$312.57
49,350 at 6.53%$312.90
49,350 at 6.54%$313.22
49,350 at 6.55%$313.55
49,350 at 6.56%$313.88
49,350 at 6.57%$314.20
49,350 at 6.58%$314.53
49,350 at 6.59%$314.85
49,350 at 6.6%$315.18
49,350 at 6.61%$315.50
49,350 at 6.62%$315.83
49,350 at 6.63%$316.16
49,350 at 6.64%$316.48
49,350 at 6.65%$316.81
49,350 at 6.66%$317.14
49,350 at 6.67%$317.46
49,350 at 6.68%$317.79
49,350 at 6.69%$318.12
49,350 at 6.7%$318.44
49,350 at 6.71%$318.77
49,350 at 6.72%$319.10
49,350 at 6.73%$319.43
49,350 at 6.74%$319.76
49,350 at 6.75%$320.08
49,350 at 6.76%$320.41
49,350 at 6.77%$320.74
49,350 at 6.78%$321.07
49,350 at 6.79%$321.40
49,350 at 6.8%$321.73
49,350 at 6.81%$322.05
49,350 at 6.82%$322.38
49,350 at 6.83%$322.71
49,350 at 6.84%$323.04
49,350 at 6.85%$323.37
49,350 at 6.86%$323.70
49,350 at 6.87%$324.03
49,350 at 6.88%$324.36
49,350 at 6.89%$324.69
49,350 at 6.9%$325.02
49,350 at 6.91%$325.35
49,350 at 6.92%$325.68
49,350 at 6.93%$326.01
49,350 at 6.94%$326.34
49,350 at 6.95%$326.67
49,350 at 6.96%$327.00
49,350 at 6.97%$327.33
49,350 at 6.98%$327.66
49,350 at 6.99%$328.00
49,350 at 7%$328.33
49,350 at 7.01%$328.66
49,350 at 7.02%$328.99
49,350 at 7.03%$329.32
49,350 at 7.04%$329.65
49,350 at 7.05%$329.99
49,350 at 7.06%$330.32
49,350 at 7.07%$330.65
49,350 at 7.08%$330.98
49,350 at 7.09%$331.32
49,350 at 7.1%$331.65
49,350 at 7.11%$331.98
49,350 at 7.12%$332.31
49,350 at 7.13%$332.65
49,350 at 7.14%$332.98
49,350 at 7.15%$333.31
49,350 at 7.16%$333.65
49,350 at 7.17%$333.98
49,350 at 7.18%$334.31
49,350 at 7.19%$334.65
49,350 at 7.2%$334.98
49,350 at 7.21%$335.32
49,350 at 7.22%$335.65
49,350 at 7.23%$335.98
49,350 at 7.24%$336.32
49,350 at 7.25%$336.65
49,350 at 7.26%$336.99
49,350 at 7.27%$337.32
49,350 at 7.28%$337.66
49,350 at 7.29%$337.99
49,350 at 7.3%$338.33
49,350 at 7.31%$338.66
49,350 at 7.32%$339.00
49,350 at 7.33%$339.34
49,350 at 7.34%$339.67
49,350 at 7.35%$340.01
49,350 at 7.36%$340.34
49,350 at 7.37%$340.68
49,350 at 7.38%$341.02
49,350 at 7.39%$341.35
49,350 at 7.4%$341.69
49,350 at 7.41%$342.03
49,350 at 7.42%$342.36
49,350 at 7.43%$342.70
49,350 at 7.44%$343.04
49,350 at 7.45%$343.37
49,350 at 7.46%$343.71
49,350 at 7.47%$344.05
49,350 at 7.48%$344.39
49,350 at 7.49%$344.72
49,350 at 7.5%$345.06
49,350 at 7.51%$345.40
49,350 at 7.52%$345.74
49,350 at 7.53%$346.08
49,350 at 7.54%$346.42
49,350 at 7.55%$346.75
49,350 at 7.56%$347.09
49,350 at 7.57%$347.43
49,350 at 7.58%$347.77
49,350 at 7.59%$348.11
49,350 at 7.6%$348.45
49,350 at 7.61%$348.79
49,350 at 7.62%$349.13
49,350 at 7.63%$349.47
49,350 at 7.64%$349.81
49,350 at 7.65%$350.15
49,350 at 7.66%$350.49
49,350 at 7.67%$350.83
49,350 at 7.68%$351.17
49,350 at 7.69%$351.51
49,350 at 7.7%$351.85
49,350 at 7.71%$352.19
49,350 at 7.72%$352.53
49,350 at 7.73%$352.87
49,350 at 7.74%$353.21
49,350 at 7.75%$353.55
49,350 at 7.76%$353.89
49,350 at 7.77%$354.23
49,350 at 7.78%$354.57
49,350 at 7.79%$354.91
49,350 at 7.8%$355.26
49,350 at 7.81%$355.60
49,350 at 7.82%$355.94
49,350 at 7.83%$356.28
49,350 at 7.84%$356.62
49,350 at 7.85%$356.97
49,350 at 7.86%$357.31
49,350 at 7.87%$357.65
49,350 at 7.88%$357.99
49,350 at 7.89%$358.34
49,350 at 7.9%$358.68
49,350 at 7.91%$359.02
49,350 at 7.92%$359.36
49,350 at 7.93%$359.71
49,350 at 7.94%$360.05
49,350 at 7.95%$360.39
49,350 at 7.96%$360.74
49,350 at 7.97%$361.08
49,350 at 7.98%$361.42
49,350 at 7.99%$361.77
49,350 at 8%$362.11
More Amounts
What is the down payment for a $49,350 house? How much do you need to put down?
Percent Down Down Payment
1%494
2%987
3%1,481
4%1,974
5%2,468
6%2,961
7%3,455
8%3,948
9%4,442
10%4,935
11%5,429
12%5,922
13%6,416
14%6,909
15%7,403
16%7,896
17%8,390
18%8,883
19%9,377
20%9,870
Percent Down Down Payment
21%10,364
22%10,857
23%11,351
24%11,844
25%12,338
26%12,831
27%13,325
28%13,818
29%14,312
30%14,805
31%15,299
32%15,792
33%16,286
34%16,779
35%17,273
36%17,766
37%18,260
38%18,753
39%19,247
40%19,740
Percent Down Down Payment
41%20,234
42%20,727
43%21,221
44%21,714
45%22,208
46%22,701
47%23,195
48%23,688
49%24,182
50%24,675
51%25,169
52%25,662
53%26,156
54%26,649
55%27,143
56%27,636
57%28,130
58%28,623
59%29,117
60%29,610
Percent Down Down Payment
61%30,104
62%30,597
63%31,091
64%31,584
65%32,078
66%32,571
67%33,065
68%33,558
69%34,052
70%34,545
71%35,039
72%35,532
73%36,026
74%36,519
75%37,013
76%37,506
77%38,000
78%38,493
79%38,987
80%39,480
Percent Down Down Payment
81%39,974
82%40,467
83%40,961
84%41,454
85%41,948
86%42,441
87%42,935
88%43,428
89%43,922
90%44,415
91%44,909
92%45,402
93%45,896
94%46,389
95%46,883
96%47,376
97%47,870
98%48,363
99%48,857
100%49,350
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.