$65,450 Mortgage for 30 Years

What is the monthly payment of a 65,450 dollar loan?
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Loan Tables for a $65,450 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 65k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $65,450 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
65,450 at 2.01%$242.24
65,450 at 2.02%$242.57
65,450 at 2.03%$242.90
65,450 at 2.04%$243.23
65,450 at 2.05%$243.56
65,450 at 2.06%$243.88
65,450 at 2.07%$244.21
65,450 at 2.08%$244.54
65,450 at 2.09%$244.87
65,450 at 2.1%$245.20
65,450 at 2.11%$245.53
65,450 at 2.12%$245.86
65,450 at 2.13%$246.19
65,450 at 2.14%$246.52
65,450 at 2.15%$246.85
65,450 at 2.16%$247.19
65,450 at 2.17%$247.52
65,450 at 2.18%$247.85
65,450 at 2.19%$248.18
65,450 at 2.2%$248.51
65,450 at 2.21%$248.85
65,450 at 2.22%$249.18
65,450 at 2.23%$249.51
65,450 at 2.24%$249.85
65,450 at 2.25%$250.18
65,450 at 2.26%$250.51
65,450 at 2.27%$250.85
65,450 at 2.28%$251.18
65,450 at 2.29%$251.52
65,450 at 2.3%$251.85
65,450 at 2.31%$252.19
65,450 at 2.32%$252.52
65,450 at 2.33%$252.86
65,450 at 2.34%$253.20
65,450 at 2.35%$253.53
65,450 at 2.36%$253.87
65,450 at 2.37%$254.20
65,450 at 2.38%$254.54
65,450 at 2.39%$254.88
65,450 at 2.4%$255.22
65,450 at 2.41%$255.55
65,450 at 2.42%$255.89
65,450 at 2.43%$256.23
65,450 at 2.44%$256.57
65,450 at 2.45%$256.91
65,450 at 2.46%$257.25
65,450 at 2.47%$257.59
65,450 at 2.48%$257.93
65,450 at 2.49%$258.27
65,450 at 2.5%$258.61
65,450 at 2.51%$258.95
65,450 at 2.52%$259.29
65,450 at 2.53%$259.63
65,450 at 2.54%$259.97
65,450 at 2.55%$260.31
65,450 at 2.56%$260.65
65,450 at 2.57%$260.99
65,450 at 2.58%$261.34
65,450 at 2.59%$261.68
65,450 at 2.6%$262.02
65,450 at 2.61%$262.37
65,450 at 2.62%$262.71
65,450 at 2.63%$263.05
65,450 at 2.64%$263.40
65,450 at 2.65%$263.74
65,450 at 2.66%$264.08
65,450 at 2.67%$264.43
65,450 at 2.68%$264.77
65,450 at 2.69%$265.12
65,450 at 2.7%$265.46
65,450 at 2.71%$265.81
65,450 at 2.72%$266.15
65,450 at 2.73%$266.50
65,450 at 2.74%$266.85
65,450 at 2.75%$267.19
65,450 at 2.76%$267.54
65,450 at 2.77%$267.89
65,450 at 2.78%$268.24
65,450 at 2.79%$268.58
65,450 at 2.8%$268.93
65,450 at 2.81%$269.28
65,450 at 2.82%$269.63
65,450 at 2.83%$269.98
65,450 at 2.84%$270.32
65,450 at 2.85%$270.67
65,450 at 2.86%$271.02
65,450 at 2.87%$271.37
65,450 at 2.88%$271.72
65,450 at 2.89%$272.07
65,450 at 2.9%$272.42
65,450 at 2.91%$272.77
65,450 at 2.92%$273.12
65,450 at 2.93%$273.48
65,450 at 2.94%$273.83
65,450 at 2.95%$274.18
65,450 at 2.96%$274.53
65,450 at 2.97%$274.88
65,450 at 2.98%$275.23
65,450 at 2.99%$275.59
65,450 at 3%$275.94
65,450 at 3.01%$276.29
65,450 at 3.02%$276.65
65,450 at 3.03%$277.00
65,450 at 3.04%$277.35
65,450 at 3.05%$277.71
65,450 at 3.06%$278.06
65,450 at 3.07%$278.42
65,450 at 3.08%$278.77
65,450 at 3.09%$279.13
65,450 at 3.1%$279.48
65,450 at 3.11%$279.84
65,450 at 3.12%$280.19
65,450 at 3.13%$280.55
65,450 at 3.14%$280.91
65,450 at 3.15%$281.26
65,450 at 3.16%$281.62
65,450 at 3.17%$281.98
65,450 at 3.18%$282.33
65,450 at 3.19%$282.69
65,450 at 3.2%$283.05
65,450 at 3.21%$283.41
65,450 at 3.22%$283.77
65,450 at 3.23%$284.12
65,450 at 3.24%$284.48
65,450 at 3.25%$284.84
65,450 at 3.26%$285.20
65,450 at 3.27%$285.56
65,450 at 3.28%$285.92
65,450 at 3.29%$286.28
65,450 at 3.3%$286.64
65,450 at 3.31%$287.00
65,450 at 3.32%$287.36
65,450 at 3.33%$287.72
65,450 at 3.34%$288.09
65,450 at 3.35%$288.45
65,450 at 3.36%$288.81
65,450 at 3.37%$289.17
65,450 at 3.38%$289.53
65,450 at 3.39%$289.90
65,450 at 3.4%$290.26
65,450 at 3.41%$290.62
65,450 at 3.42%$290.98
65,450 at 3.43%$291.35
65,450 at 3.44%$291.71
65,450 at 3.45%$292.08
65,450 at 3.46%$292.44
65,450 at 3.47%$292.80
65,450 at 3.48%$293.17
65,450 at 3.49%$293.53
65,450 at 3.5%$293.90
Interest Rate 30 Year
65,450 at 3.51%$294.27
65,450 at 3.52%$294.63
65,450 at 3.53%$295.00
65,450 at 3.54%$295.36
65,450 at 3.55%$295.73
65,450 at 3.56%$296.10
65,450 at 3.57%$296.46
65,450 at 3.58%$296.83
65,450 at 3.59%$297.20
65,450 at 3.6%$297.57
65,450 at 3.61%$297.93
65,450 at 3.62%$298.30
65,450 at 3.63%$298.67
65,450 at 3.64%$299.04
65,450 at 3.65%$299.41
65,450 at 3.66%$299.78
65,450 at 3.67%$300.15
65,450 at 3.68%$300.52
65,450 at 3.69%$300.89
65,450 at 3.7%$301.26
65,450 at 3.71%$301.63
65,450 at 3.72%$302.00
65,450 at 3.73%$302.37
65,450 at 3.74%$302.74
65,450 at 3.75%$303.11
65,450 at 3.76%$303.48
65,450 at 3.77%$303.85
65,450 at 3.78%$304.22
65,450 at 3.79%$304.60
65,450 at 3.8%$304.97
65,450 at 3.81%$305.34
65,450 at 3.82%$305.71
65,450 at 3.83%$306.09
65,450 at 3.84%$306.46
65,450 at 3.85%$306.83
65,450 at 3.86%$307.21
65,450 at 3.87%$307.58
65,450 at 3.88%$307.96
65,450 at 3.89%$308.33
65,450 at 3.9%$308.71
65,450 at 3.91%$309.08
65,450 at 3.92%$309.46
65,450 at 3.93%$309.83
65,450 at 3.94%$310.21
65,450 at 3.95%$310.58
65,450 at 3.96%$310.96
65,450 at 3.97%$311.34
65,450 at 3.98%$311.71
65,450 at 3.99%$312.09
65,450 at 4%$312.47
65,450 at 4.01%$312.85
65,450 at 4.02%$313.22
65,450 at 4.03%$313.60
65,450 at 4.04%$313.98
65,450 at 4.05%$314.36
65,450 at 4.06%$314.74
65,450 at 4.07%$315.12
65,450 at 4.08%$315.49
65,450 at 4.09%$315.87
65,450 at 4.1%$316.25
65,450 at 4.11%$316.63
65,450 at 4.12%$317.01
65,450 at 4.13%$317.39
65,450 at 4.14%$317.77
65,450 at 4.15%$318.15
65,450 at 4.16%$318.54
65,450 at 4.17%$318.92
65,450 at 4.18%$319.30
65,450 at 4.19%$319.68
65,450 at 4.2%$320.06
65,450 at 4.21%$320.44
65,450 at 4.22%$320.83
65,450 at 4.23%$321.21
65,450 at 4.24%$321.59
65,450 at 4.25%$321.97
65,450 at 4.26%$322.36
65,450 at 4.27%$322.74
65,450 at 4.28%$323.13
65,450 at 4.29%$323.51
65,450 at 4.3%$323.89
65,450 at 4.31%$324.28
65,450 at 4.32%$324.66
65,450 at 4.33%$325.05
65,450 at 4.34%$325.43
65,450 at 4.35%$325.82
65,450 at 4.36%$326.20
65,450 at 4.37%$326.59
65,450 at 4.38%$326.98
65,450 at 4.39%$327.36
65,450 at 4.4%$327.75
65,450 at 4.41%$328.13
65,450 at 4.42%$328.52
65,450 at 4.43%$328.91
65,450 at 4.44%$329.30
65,450 at 4.45%$329.68
65,450 at 4.46%$330.07
65,450 at 4.47%$330.46
65,450 at 4.48%$330.85
65,450 at 4.49%$331.24
65,450 at 4.5%$331.63
65,450 at 4.51%$332.01
65,450 at 4.52%$332.40
65,450 at 4.53%$332.79
65,450 at 4.54%$333.18
65,450 at 4.55%$333.57
65,450 at 4.56%$333.96
65,450 at 4.57%$334.35
65,450 at 4.58%$334.74
65,450 at 4.59%$335.13
65,450 at 4.6%$335.53
65,450 at 4.61%$335.92
65,450 at 4.62%$336.31
65,450 at 4.63%$336.70
65,450 at 4.64%$337.09
65,450 at 4.65%$337.48
65,450 at 4.66%$337.88
65,450 at 4.67%$338.27
65,450 at 4.68%$338.66
65,450 at 4.69%$339.06
65,450 at 4.7%$339.45
65,450 at 4.71%$339.84
65,450 at 4.72%$340.24
65,450 at 4.73%$340.63
65,450 at 4.74%$341.02
65,450 at 4.75%$341.42
65,450 at 4.76%$341.81
65,450 at 4.77%$342.21
65,450 at 4.78%$342.60
65,450 at 4.79%$343.00
65,450 at 4.8%$343.39
65,450 at 4.81%$343.79
65,450 at 4.82%$344.19
65,450 at 4.83%$344.58
65,450 at 4.84%$344.98
65,450 at 4.85%$345.37
65,450 at 4.86%$345.77
65,450 at 4.87%$346.17
65,450 at 4.88%$346.57
65,450 at 4.89%$346.96
65,450 at 4.9%$347.36
65,450 at 4.91%$347.76
65,450 at 4.92%$348.16
65,450 at 4.93%$348.56
65,450 at 4.94%$348.95
65,450 at 4.95%$349.35
65,450 at 4.96%$349.75
65,450 at 4.97%$350.15
65,450 at 4.98%$350.55
65,450 at 4.99%$350.95
65,450 at 5%$351.35
Interest Rate 30 Year
65,450 at 5.01%$351.75
65,450 at 5.02%$352.15
65,450 at 5.03%$352.55
65,450 at 5.04%$352.95
65,450 at 5.05%$353.35
65,450 at 5.06%$353.75
65,450 at 5.07%$354.16
65,450 at 5.08%$354.56
65,450 at 5.09%$354.96
65,450 at 5.1%$355.36
65,450 at 5.11%$355.76
65,450 at 5.12%$356.17
65,450 at 5.13%$356.57
65,450 at 5.14%$356.97
65,450 at 5.15%$357.37
65,450 at 5.16%$357.78
65,450 at 5.17%$358.18
65,450 at 5.18%$358.58
65,450 at 5.19%$358.99
65,450 at 5.2%$359.39
65,450 at 5.21%$359.80
65,450 at 5.22%$360.20
65,450 at 5.23%$360.61
65,450 at 5.24%$361.01
65,450 at 5.25%$361.42
65,450 at 5.26%$361.82
65,450 at 5.27%$362.23
65,450 at 5.28%$362.63
65,450 at 5.29%$363.04
65,450 at 5.3%$363.45
65,450 at 5.31%$363.85
65,450 at 5.32%$364.26
65,450 at 5.33%$364.67
65,450 at 5.34%$365.07
65,450 at 5.35%$365.48
65,450 at 5.36%$365.89
65,450 at 5.37%$366.30
65,450 at 5.38%$366.71
65,450 at 5.39%$367.11
65,450 at 5.4%$367.52
65,450 at 5.41%$367.93
65,450 at 5.42%$368.34
65,450 at 5.43%$368.75
65,450 at 5.44%$369.16
65,450 at 5.45%$369.57
65,450 at 5.46%$369.98
65,450 at 5.47%$370.39
65,450 at 5.48%$370.80
65,450 at 5.49%$371.21
65,450 at 5.5%$371.62
65,450 at 5.51%$372.03
65,450 at 5.52%$372.44
65,450 at 5.53%$372.85
65,450 at 5.54%$373.26
65,450 at 5.55%$373.67
65,450 at 5.56%$374.09
65,450 at 5.57%$374.50
65,450 at 5.58%$374.91
65,450 at 5.59%$375.32
65,450 at 5.6%$375.73
65,450 at 5.61%$376.15
65,450 at 5.62%$376.56
65,450 at 5.63%$376.97
65,450 at 5.64%$377.39
65,450 at 5.65%$377.80
65,450 at 5.66%$378.21
65,450 at 5.67%$378.63
65,450 at 5.68%$379.04
65,450 at 5.69%$379.46
65,450 at 5.7%$379.87
65,450 at 5.71%$380.29
65,450 at 5.72%$380.70
65,450 at 5.73%$381.12
65,450 at 5.74%$381.53
65,450 at 5.75%$381.95
65,450 at 5.76%$382.36
65,450 at 5.77%$382.78
65,450 at 5.78%$383.20
65,450 at 5.79%$383.61
65,450 at 5.8%$384.03
65,450 at 5.81%$384.45
65,450 at 5.82%$384.86
65,450 at 5.83%$385.28
65,450 at 5.84%$385.70
65,450 at 5.85%$386.12
65,450 at 5.86%$386.53
65,450 at 5.87%$386.95
65,450 at 5.88%$387.37
65,450 at 5.89%$387.79
65,450 at 5.9%$388.21
65,450 at 5.91%$388.63
65,450 at 5.92%$389.05
65,450 at 5.93%$389.47
65,450 at 5.94%$389.88
65,450 at 5.95%$390.30
65,450 at 5.96%$390.72
65,450 at 5.97%$391.14
65,450 at 5.98%$391.56
65,450 at 5.99%$391.99
65,450 at 6%$392.41
65,450 at 6.01%$392.83
65,450 at 6.02%$393.25
65,450 at 6.03%$393.67
65,450 at 6.04%$394.09
65,450 at 6.05%$394.51
65,450 at 6.06%$394.93
65,450 at 6.07%$395.36
65,450 at 6.08%$395.78
65,450 at 6.09%$396.20
65,450 at 6.1%$396.62
65,450 at 6.11%$397.05
65,450 at 6.12%$397.47
65,450 at 6.13%$397.89
65,450 at 6.14%$398.32
65,450 at 6.15%$398.74
65,450 at 6.16%$399.16
65,450 at 6.17%$399.59
65,450 at 6.18%$400.01
65,450 at 6.19%$400.44
65,450 at 6.2%$400.86
65,450 at 6.21%$401.29
65,450 at 6.22%$401.71
65,450 at 6.23%$402.14
65,450 at 6.24%$402.56
65,450 at 6.25%$402.99
65,450 at 6.26%$403.41
65,450 at 6.27%$403.84
65,450 at 6.28%$404.26
65,450 at 6.29%$404.69
65,450 at 6.3%$405.12
65,450 at 6.31%$405.54
65,450 at 6.32%$405.97
65,450 at 6.33%$406.40
65,450 at 6.34%$406.83
65,450 at 6.35%$407.25
65,450 at 6.36%$407.68
65,450 at 6.37%$408.11
65,450 at 6.38%$408.54
65,450 at 6.39%$408.97
65,450 at 6.4%$409.39
65,450 at 6.41%$409.82
65,450 at 6.42%$410.25
65,450 at 6.43%$410.68
65,450 at 6.44%$411.11
65,450 at 6.45%$411.54
65,450 at 6.46%$411.97
65,450 at 6.47%$412.40
65,450 at 6.48%$412.83
65,450 at 6.49%$413.26
65,450 at 6.5%$413.69
Interest Rate 30 Year
65,450 at 6.51%$414.12
65,450 at 6.52%$414.55
65,450 at 6.53%$414.98
65,450 at 6.54%$415.41
65,450 at 6.55%$415.84
65,450 at 6.56%$416.27
65,450 at 6.57%$416.71
65,450 at 6.58%$417.14
65,450 at 6.59%$417.57
65,450 at 6.6%$418.00
65,450 at 6.61%$418.43
65,450 at 6.62%$418.87
65,450 at 6.63%$419.30
65,450 at 6.64%$419.73
65,450 at 6.65%$420.17
65,450 at 6.66%$420.60
65,450 at 6.67%$421.03
65,450 at 6.68%$421.47
65,450 at 6.69%$421.90
65,450 at 6.7%$422.33
65,450 at 6.71%$422.77
65,450 at 6.72%$423.20
65,450 at 6.73%$423.64
65,450 at 6.74%$424.07
65,450 at 6.75%$424.51
65,450 at 6.76%$424.94
65,450 at 6.77%$425.38
65,450 at 6.78%$425.81
65,450 at 6.79%$426.25
65,450 at 6.8%$426.69
65,450 at 6.81%$427.12
65,450 at 6.82%$427.56
65,450 at 6.83%$427.99
65,450 at 6.84%$428.43
65,450 at 6.85%$428.87
65,450 at 6.86%$429.30
65,450 at 6.87%$429.74
65,450 at 6.88%$430.18
65,450 at 6.89%$430.62
65,450 at 6.9%$431.05
65,450 at 6.91%$431.49
65,450 at 6.92%$431.93
65,450 at 6.93%$432.37
65,450 at 6.94%$432.81
65,450 at 6.95%$433.24
65,450 at 6.96%$433.68
65,450 at 6.97%$434.12
65,450 at 6.98%$434.56
65,450 at 6.99%$435.00
65,450 at 7%$435.44
65,450 at 7.01%$435.88
65,450 at 7.02%$436.32
65,450 at 7.03%$436.76
65,450 at 7.04%$437.20
65,450 at 7.05%$437.64
65,450 at 7.06%$438.08
65,450 at 7.07%$438.52
65,450 at 7.08%$438.96
65,450 at 7.09%$439.40
65,450 at 7.1%$439.84
65,450 at 7.11%$440.29
65,450 at 7.12%$440.73
65,450 at 7.13%$441.17
65,450 at 7.14%$441.61
65,450 at 7.15%$442.05
65,450 at 7.16%$442.50
65,450 at 7.17%$442.94
65,450 at 7.18%$443.38
65,450 at 7.19%$443.82
65,450 at 7.2%$444.27
65,450 at 7.21%$444.71
65,450 at 7.22%$445.15
65,450 at 7.23%$445.60
65,450 at 7.24%$446.04
65,450 at 7.25%$446.48
65,450 at 7.26%$446.93
65,450 at 7.27%$447.37
65,450 at 7.28%$447.82
65,450 at 7.29%$448.26
65,450 at 7.3%$448.71
65,450 at 7.31%$449.15
65,450 at 7.32%$449.60
65,450 at 7.33%$450.04
65,450 at 7.34%$450.49
65,450 at 7.35%$450.93
65,450 at 7.36%$451.38
65,450 at 7.37%$451.82
65,450 at 7.38%$452.27
65,450 at 7.39%$452.72
65,450 at 7.4%$453.16
65,450 at 7.41%$453.61
65,450 at 7.42%$454.06
65,450 at 7.43%$454.50
65,450 at 7.44%$454.95
65,450 at 7.45%$455.40
65,450 at 7.46%$455.84
65,450 at 7.47%$456.29
65,450 at 7.48%$456.74
65,450 at 7.49%$457.19
65,450 at 7.5%$457.64
65,450 at 7.51%$458.08
65,450 at 7.52%$458.53
65,450 at 7.53%$458.98
65,450 at 7.54%$459.43
65,450 at 7.55%$459.88
65,450 at 7.56%$460.33
65,450 at 7.57%$460.78
65,450 at 7.58%$461.23
65,450 at 7.59%$461.68
65,450 at 7.6%$462.13
65,450 at 7.61%$462.58
65,450 at 7.62%$463.03
65,450 at 7.63%$463.48
65,450 at 7.64%$463.93
65,450 at 7.65%$464.38
65,450 at 7.66%$464.83
65,450 at 7.67%$465.28
65,450 at 7.68%$465.73
65,450 at 7.69%$466.18
65,450 at 7.7%$466.63
65,450 at 7.71%$467.08
65,450 at 7.72%$467.54
65,450 at 7.73%$467.99
65,450 at 7.74%$468.44
65,450 at 7.75%$468.89
65,450 at 7.76%$469.34
65,450 at 7.77%$469.80
65,450 at 7.78%$470.25
65,450 at 7.79%$470.70
65,450 at 7.8%$471.16
65,450 at 7.81%$471.61
65,450 at 7.82%$472.06
65,450 at 7.83%$472.52
65,450 at 7.84%$472.97
65,450 at 7.85%$473.42
65,450 at 7.86%$473.88
65,450 at 7.87%$474.33
65,450 at 7.88%$474.79
65,450 at 7.89%$475.24
65,450 at 7.9%$475.69
65,450 at 7.91%$476.15
65,450 at 7.92%$476.60
65,450 at 7.93%$477.06
65,450 at 7.94%$477.51
65,450 at 7.95%$477.97
65,450 at 7.96%$478.43
65,450 at 7.97%$478.88
65,450 at 7.98%$479.34
65,450 at 7.99%$479.79
65,450 at 8%$480.25
More Amounts
What is the down payment for a $65,450 house? How much do you need to put down?
Percent Down Down Payment
1%655
2%1,309
3%1,964
4%2,618
5%3,273
6%3,927
7%4,582
8%5,236
9%5,891
10%6,545
11%7,200
12%7,854
13%8,509
14%9,163
15%9,818
16%10,472
17%11,127
18%11,781
19%12,436
20%13,090
Percent Down Down Payment
21%13,745
22%14,399
23%15,054
24%15,708
25%16,363
26%17,017
27%17,672
28%18,326
29%18,981
30%19,635
31%20,290
32%20,944
33%21,599
34%22,253
35%22,908
36%23,562
37%24,217
38%24,871
39%25,526
40%26,180
Percent Down Down Payment
41%26,835
42%27,489
43%28,144
44%28,798
45%29,453
46%30,107
47%30,762
48%31,416
49%32,071
50%32,725
51%33,380
52%34,034
53%34,689
54%35,343
55%35,998
56%36,652
57%37,307
58%37,961
59%38,616
60%39,270
Percent Down Down Payment
61%39,925
62%40,579
63%41,234
64%41,888
65%42,543
66%43,197
67%43,852
68%44,506
69%45,161
70%45,815
71%46,470
72%47,124
73%47,779
74%48,433
75%49,088
76%49,742
77%50,397
78%51,051
79%51,706
80%52,360
Percent Down Down Payment
81%53,015
82%53,669
83%54,324
84%54,978
85%55,633
86%56,287
87%56,942
88%57,596
89%58,251
90%58,905
91%59,560
92%60,214
93%60,869
94%61,523
95%62,178
96%62,832
97%63,487
98%64,141
99%64,796
100%65,450
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.