$69,300 Mortgage for 30 Years

What is the monthly payment of a 69,300 dollar loan?
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Loan Tables for a $69,300 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 69k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $69,300 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
69,300 at 2.01%$256.49
69,300 at 2.02%$256.84
69,300 at 2.03%$257.19
69,300 at 2.04%$257.53
69,300 at 2.05%$257.88
69,300 at 2.06%$258.23
69,300 at 2.07%$258.58
69,300 at 2.08%$258.93
69,300 at 2.09%$259.28
69,300 at 2.1%$259.63
69,300 at 2.11%$259.98
69,300 at 2.12%$260.32
69,300 at 2.13%$260.67
69,300 at 2.14%$261.03
69,300 at 2.15%$261.38
69,300 at 2.16%$261.73
69,300 at 2.17%$262.08
69,300 at 2.18%$262.43
69,300 at 2.19%$262.78
69,300 at 2.2%$263.13
69,300 at 2.21%$263.48
69,300 at 2.22%$263.84
69,300 at 2.23%$264.19
69,300 at 2.24%$264.54
69,300 at 2.25%$264.90
69,300 at 2.26%$265.25
69,300 at 2.27%$265.60
69,300 at 2.28%$265.96
69,300 at 2.29%$266.31
69,300 at 2.3%$266.67
69,300 at 2.31%$267.02
69,300 at 2.32%$267.38
69,300 at 2.33%$267.73
69,300 at 2.34%$268.09
69,300 at 2.35%$268.44
69,300 at 2.36%$268.80
69,300 at 2.37%$269.16
69,300 at 2.38%$269.51
69,300 at 2.39%$269.87
69,300 at 2.4%$270.23
69,300 at 2.41%$270.59
69,300 at 2.42%$270.95
69,300 at 2.43%$271.30
69,300 at 2.44%$271.66
69,300 at 2.45%$272.02
69,300 at 2.46%$272.38
69,300 at 2.47%$272.74
69,300 at 2.48%$273.10
69,300 at 2.49%$273.46
69,300 at 2.5%$273.82
69,300 at 2.51%$274.18
69,300 at 2.52%$274.54
69,300 at 2.53%$274.90
69,300 at 2.54%$275.26
69,300 at 2.55%$275.62
69,300 at 2.56%$275.99
69,300 at 2.57%$276.35
69,300 at 2.58%$276.71
69,300 at 2.59%$277.07
69,300 at 2.6%$277.44
69,300 at 2.61%$277.80
69,300 at 2.62%$278.16
69,300 at 2.63%$278.53
69,300 at 2.64%$278.89
69,300 at 2.65%$279.25
69,300 at 2.66%$279.62
69,300 at 2.67%$279.98
69,300 at 2.68%$280.35
69,300 at 2.69%$280.71
69,300 at 2.7%$281.08
69,300 at 2.71%$281.45
69,300 at 2.72%$281.81
69,300 at 2.73%$282.18
69,300 at 2.74%$282.54
69,300 at 2.75%$282.91
69,300 at 2.76%$283.28
69,300 at 2.77%$283.65
69,300 at 2.78%$284.01
69,300 at 2.79%$284.38
69,300 at 2.8%$284.75
69,300 at 2.81%$285.12
69,300 at 2.82%$285.49
69,300 at 2.83%$285.86
69,300 at 2.84%$286.23
69,300 at 2.85%$286.60
69,300 at 2.86%$286.97
69,300 at 2.87%$287.34
69,300 at 2.88%$287.71
69,300 at 2.89%$288.08
69,300 at 2.9%$288.45
69,300 at 2.91%$288.82
69,300 at 2.92%$289.19
69,300 at 2.93%$289.56
69,300 at 2.94%$289.93
69,300 at 2.95%$290.31
69,300 at 2.96%$290.68
69,300 at 2.97%$291.05
69,300 at 2.98%$291.42
69,300 at 2.99%$291.80
69,300 at 3%$292.17
69,300 at 3.01%$292.55
69,300 at 3.02%$292.92
69,300 at 3.03%$293.29
69,300 at 3.04%$293.67
69,300 at 3.05%$294.04
69,300 at 3.06%$294.42
69,300 at 3.07%$294.79
69,300 at 3.08%$295.17
69,300 at 3.09%$295.55
69,300 at 3.1%$295.92
69,300 at 3.11%$296.30
69,300 at 3.12%$296.68
69,300 at 3.13%$297.05
69,300 at 3.14%$297.43
69,300 at 3.15%$297.81
69,300 at 3.16%$298.19
69,300 at 3.17%$298.56
69,300 at 3.18%$298.94
69,300 at 3.19%$299.32
69,300 at 3.2%$299.70
69,300 at 3.21%$300.08
69,300 at 3.22%$300.46
69,300 at 3.23%$300.84
69,300 at 3.24%$301.22
69,300 at 3.25%$301.60
69,300 at 3.26%$301.98
69,300 at 3.27%$302.36
69,300 at 3.28%$302.74
69,300 at 3.29%$303.12
69,300 at 3.3%$303.50
69,300 at 3.31%$303.88
69,300 at 3.32%$304.27
69,300 at 3.33%$304.65
69,300 at 3.34%$305.03
69,300 at 3.35%$305.41
69,300 at 3.36%$305.80
69,300 at 3.37%$306.18
69,300 at 3.38%$306.56
69,300 at 3.39%$306.95
69,300 at 3.4%$307.33
69,300 at 3.41%$307.72
69,300 at 3.42%$308.10
69,300 at 3.43%$308.49
69,300 at 3.44%$308.87
69,300 at 3.45%$309.26
69,300 at 3.46%$309.64
69,300 at 3.47%$310.03
69,300 at 3.48%$310.41
69,300 at 3.49%$310.80
69,300 at 3.5%$311.19
Interest Rate 30 Year
69,300 at 3.51%$311.57
69,300 at 3.52%$311.96
69,300 at 3.53%$312.35
69,300 at 3.54%$312.74
69,300 at 3.55%$313.13
69,300 at 3.56%$313.51
69,300 at 3.57%$313.90
69,300 at 3.58%$314.29
69,300 at 3.59%$314.68
69,300 at 3.6%$315.07
69,300 at 3.61%$315.46
69,300 at 3.62%$315.85
69,300 at 3.63%$316.24
69,300 at 3.64%$316.63
69,300 at 3.65%$317.02
69,300 at 3.66%$317.41
69,300 at 3.67%$317.80
69,300 at 3.68%$318.19
69,300 at 3.69%$318.58
69,300 at 3.7%$318.98
69,300 at 3.71%$319.37
69,300 at 3.72%$319.76
69,300 at 3.73%$320.15
69,300 at 3.74%$320.55
69,300 at 3.75%$320.94
69,300 at 3.76%$321.33
69,300 at 3.77%$321.73
69,300 at 3.78%$322.12
69,300 at 3.79%$322.51
69,300 at 3.8%$322.91
69,300 at 3.81%$323.30
69,300 at 3.82%$323.70
69,300 at 3.83%$324.09
69,300 at 3.84%$324.49
69,300 at 3.85%$324.88
69,300 at 3.86%$325.28
69,300 at 3.87%$325.68
69,300 at 3.88%$326.07
69,300 at 3.89%$326.47
69,300 at 3.9%$326.87
69,300 at 3.91%$327.26
69,300 at 3.92%$327.66
69,300 at 3.93%$328.06
69,300 at 3.94%$328.46
69,300 at 3.95%$328.85
69,300 at 3.96%$329.25
69,300 at 3.97%$329.65
69,300 at 3.98%$330.05
69,300 at 3.99%$330.45
69,300 at 4%$330.85
69,300 at 4.01%$331.25
69,300 at 4.02%$331.65
69,300 at 4.03%$332.05
69,300 at 4.04%$332.45
69,300 at 4.05%$332.85
69,300 at 4.06%$333.25
69,300 at 4.07%$333.65
69,300 at 4.08%$334.05
69,300 at 4.09%$334.45
69,300 at 4.1%$334.86
69,300 at 4.11%$335.26
69,300 at 4.12%$335.66
69,300 at 4.13%$336.06
69,300 at 4.14%$336.47
69,300 at 4.15%$336.87
69,300 at 4.16%$337.27
69,300 at 4.17%$337.68
69,300 at 4.18%$338.08
69,300 at 4.19%$338.48
69,300 at 4.2%$338.89
69,300 at 4.21%$339.29
69,300 at 4.22%$339.70
69,300 at 4.23%$340.10
69,300 at 4.24%$340.51
69,300 at 4.25%$340.91
69,300 at 4.26%$341.32
69,300 at 4.27%$341.73
69,300 at 4.28%$342.13
69,300 at 4.29%$342.54
69,300 at 4.3%$342.95
69,300 at 4.31%$343.35
69,300 at 4.32%$343.76
69,300 at 4.33%$344.17
69,300 at 4.34%$344.58
69,300 at 4.35%$344.98
69,300 at 4.36%$345.39
69,300 at 4.37%$345.80
69,300 at 4.38%$346.21
69,300 at 4.39%$346.62
69,300 at 4.4%$347.03
69,300 at 4.41%$347.44
69,300 at 4.42%$347.85
69,300 at 4.43%$348.26
69,300 at 4.44%$348.67
69,300 at 4.45%$349.08
69,300 at 4.46%$349.49
69,300 at 4.47%$349.90
69,300 at 4.48%$350.31
69,300 at 4.49%$350.72
69,300 at 4.5%$351.13
69,300 at 4.51%$351.54
69,300 at 4.52%$351.96
69,300 at 4.53%$352.37
69,300 at 4.54%$352.78
69,300 at 4.55%$353.19
69,300 at 4.56%$353.61
69,300 at 4.57%$354.02
69,300 at 4.58%$354.43
69,300 at 4.59%$354.85
69,300 at 4.6%$355.26
69,300 at 4.61%$355.68
69,300 at 4.62%$356.09
69,300 at 4.63%$356.51
69,300 at 4.64%$356.92
69,300 at 4.65%$357.34
69,300 at 4.66%$357.75
69,300 at 4.67%$358.17
69,300 at 4.68%$358.58
69,300 at 4.69%$359.00
69,300 at 4.7%$359.42
69,300 at 4.71%$359.83
69,300 at 4.72%$360.25
69,300 at 4.73%$360.67
69,300 at 4.74%$361.08
69,300 at 4.75%$361.50
69,300 at 4.76%$361.92
69,300 at 4.77%$362.34
69,300 at 4.78%$362.76
69,300 at 4.79%$363.17
69,300 at 4.8%$363.59
69,300 at 4.81%$364.01
69,300 at 4.82%$364.43
69,300 at 4.83%$364.85
69,300 at 4.84%$365.27
69,300 at 4.85%$365.69
69,300 at 4.86%$366.11
69,300 at 4.87%$366.53
69,300 at 4.88%$366.95
69,300 at 4.89%$367.37
69,300 at 4.9%$367.79
69,300 at 4.91%$368.21
69,300 at 4.92%$368.64
69,300 at 4.93%$369.06
69,300 at 4.94%$369.48
69,300 at 4.95%$369.90
69,300 at 4.96%$370.33
69,300 at 4.97%$370.75
69,300 at 4.98%$371.17
69,300 at 4.99%$371.59
69,300 at 5%$372.02
Interest Rate 30 Year
69,300 at 5.01%$372.44
69,300 at 5.02%$372.86
69,300 at 5.03%$373.29
69,300 at 5.04%$373.71
69,300 at 5.05%$374.14
69,300 at 5.06%$374.56
69,300 at 5.07%$374.99
69,300 at 5.08%$375.41
69,300 at 5.09%$375.84
69,300 at 5.1%$376.26
69,300 at 5.11%$376.69
69,300 at 5.12%$377.12
69,300 at 5.13%$377.54
69,300 at 5.14%$377.97
69,300 at 5.15%$378.40
69,300 at 5.16%$378.82
69,300 at 5.17%$379.25
69,300 at 5.18%$379.68
69,300 at 5.19%$380.11
69,300 at 5.2%$380.53
69,300 at 5.21%$380.96
69,300 at 5.22%$381.39
69,300 at 5.23%$381.82
69,300 at 5.24%$382.25
69,300 at 5.25%$382.68
69,300 at 5.26%$383.11
69,300 at 5.27%$383.54
69,300 at 5.28%$383.97
69,300 at 5.29%$384.40
69,300 at 5.3%$384.83
69,300 at 5.31%$385.26
69,300 at 5.32%$385.69
69,300 at 5.33%$386.12
69,300 at 5.34%$386.55
69,300 at 5.35%$386.98
69,300 at 5.36%$387.41
69,300 at 5.37%$387.84
69,300 at 5.38%$388.28
69,300 at 5.39%$388.71
69,300 at 5.4%$389.14
69,300 at 5.41%$389.57
69,300 at 5.42%$390.01
69,300 at 5.43%$390.44
69,300 at 5.44%$390.87
69,300 at 5.45%$391.31
69,300 at 5.46%$391.74
69,300 at 5.47%$392.17
69,300 at 5.48%$392.61
69,300 at 5.49%$393.04
69,300 at 5.5%$393.48
69,300 at 5.51%$393.91
69,300 at 5.52%$394.35
69,300 at 5.53%$394.78
69,300 at 5.54%$395.22
69,300 at 5.55%$395.65
69,300 at 5.56%$396.09
69,300 at 5.57%$396.53
69,300 at 5.58%$396.96
69,300 at 5.59%$397.40
69,300 at 5.6%$397.84
69,300 at 5.61%$398.27
69,300 at 5.62%$398.71
69,300 at 5.63%$399.15
69,300 at 5.64%$399.59
69,300 at 5.65%$400.02
69,300 at 5.66%$400.46
69,300 at 5.67%$400.90
69,300 at 5.68%$401.34
69,300 at 5.69%$401.78
69,300 at 5.7%$402.22
69,300 at 5.71%$402.66
69,300 at 5.72%$403.10
69,300 at 5.73%$403.54
69,300 at 5.74%$403.98
69,300 at 5.75%$404.42
69,300 at 5.76%$404.86
69,300 at 5.77%$405.30
69,300 at 5.78%$405.74
69,300 at 5.79%$406.18
69,300 at 5.8%$406.62
69,300 at 5.81%$407.06
69,300 at 5.82%$407.50
69,300 at 5.83%$407.94
69,300 at 5.84%$408.39
69,300 at 5.85%$408.83
69,300 at 5.86%$409.27
69,300 at 5.87%$409.71
69,300 at 5.88%$410.16
69,300 at 5.89%$410.60
69,300 at 5.9%$411.04
69,300 at 5.91%$411.49
69,300 at 5.92%$411.93
69,300 at 5.93%$412.37
69,300 at 5.94%$412.82
69,300 at 5.95%$413.26
69,300 at 5.96%$413.71
69,300 at 5.97%$414.15
69,300 at 5.98%$414.60
69,300 at 5.99%$415.04
69,300 at 6%$415.49
69,300 at 6.01%$415.93
69,300 at 6.02%$416.38
69,300 at 6.03%$416.83
69,300 at 6.04%$417.27
69,300 at 6.05%$417.72
69,300 at 6.06%$418.17
69,300 at 6.07%$418.61
69,300 at 6.08%$419.06
69,300 at 6.09%$419.51
69,300 at 6.1%$419.95
69,300 at 6.11%$420.40
69,300 at 6.12%$420.85
69,300 at 6.13%$421.30
69,300 at 6.14%$421.75
69,300 at 6.15%$422.20
69,300 at 6.16%$422.64
69,300 at 6.17%$423.09
69,300 at 6.18%$423.54
69,300 at 6.19%$423.99
69,300 at 6.2%$424.44
69,300 at 6.21%$424.89
69,300 at 6.22%$425.34
69,300 at 6.23%$425.79
69,300 at 6.24%$426.24
69,300 at 6.25%$426.69
69,300 at 6.26%$427.14
69,300 at 6.27%$427.59
69,300 at 6.28%$428.05
69,300 at 6.29%$428.50
69,300 at 6.3%$428.95
69,300 at 6.31%$429.40
69,300 at 6.32%$429.85
69,300 at 6.33%$430.30
69,300 at 6.34%$430.76
69,300 at 6.35%$431.21
69,300 at 6.36%$431.66
69,300 at 6.37%$432.12
69,300 at 6.38%$432.57
69,300 at 6.39%$433.02
69,300 at 6.4%$433.48
69,300 at 6.41%$433.93
69,300 at 6.42%$434.38
69,300 at 6.43%$434.84
69,300 at 6.44%$435.29
69,300 at 6.45%$435.75
69,300 at 6.46%$436.20
69,300 at 6.47%$436.66
69,300 at 6.48%$437.11
69,300 at 6.49%$437.57
69,300 at 6.5%$438.02
Interest Rate 30 Year
69,300 at 6.51%$438.48
69,300 at 6.52%$438.94
69,300 at 6.53%$439.39
69,300 at 6.54%$439.85
69,300 at 6.55%$440.30
69,300 at 6.56%$440.76
69,300 at 6.57%$441.22
69,300 at 6.58%$441.68
69,300 at 6.59%$442.13
69,300 at 6.6%$442.59
69,300 at 6.61%$443.05
69,300 at 6.62%$443.51
69,300 at 6.63%$443.96
69,300 at 6.64%$444.42
69,300 at 6.65%$444.88
69,300 at 6.66%$445.34
69,300 at 6.67%$445.80
69,300 at 6.68%$446.26
69,300 at 6.69%$446.72
69,300 at 6.7%$447.18
69,300 at 6.71%$447.64
69,300 at 6.72%$448.10
69,300 at 6.73%$448.56
69,300 at 6.74%$449.02
69,300 at 6.75%$449.48
69,300 at 6.76%$449.94
69,300 at 6.77%$450.40
69,300 at 6.78%$450.86
69,300 at 6.79%$451.32
69,300 at 6.8%$451.78
69,300 at 6.81%$452.25
69,300 at 6.82%$452.71
69,300 at 6.83%$453.17
69,300 at 6.84%$453.63
69,300 at 6.85%$454.09
69,300 at 6.86%$454.56
69,300 at 6.87%$455.02
69,300 at 6.88%$455.48
69,300 at 6.89%$455.95
69,300 at 6.9%$456.41
69,300 at 6.91%$456.87
69,300 at 6.92%$457.34
69,300 at 6.93%$457.80
69,300 at 6.94%$458.27
69,300 at 6.95%$458.73
69,300 at 6.96%$459.19
69,300 at 6.97%$459.66
69,300 at 6.98%$460.12
69,300 at 6.99%$460.59
69,300 at 7%$461.05
69,300 at 7.01%$461.52
69,300 at 7.02%$461.99
69,300 at 7.03%$462.45
69,300 at 7.04%$462.92
69,300 at 7.05%$463.38
69,300 at 7.06%$463.85
69,300 at 7.07%$464.32
69,300 at 7.08%$464.78
69,300 at 7.09%$465.25
69,300 at 7.1%$465.72
69,300 at 7.11%$466.19
69,300 at 7.12%$466.65
69,300 at 7.13%$467.12
69,300 at 7.14%$467.59
69,300 at 7.15%$468.06
69,300 at 7.16%$468.53
69,300 at 7.17%$468.99
69,300 at 7.18%$469.46
69,300 at 7.19%$469.93
69,300 at 7.2%$470.40
69,300 at 7.21%$470.87
69,300 at 7.22%$471.34
69,300 at 7.23%$471.81
69,300 at 7.24%$472.28
69,300 at 7.25%$472.75
69,300 at 7.26%$473.22
69,300 at 7.27%$473.69
69,300 at 7.28%$474.16
69,300 at 7.29%$474.63
69,300 at 7.3%$475.10
69,300 at 7.31%$475.57
69,300 at 7.32%$476.04
69,300 at 7.33%$476.51
69,300 at 7.34%$476.99
69,300 at 7.35%$477.46
69,300 at 7.36%$477.93
69,300 at 7.37%$478.40
69,300 at 7.38%$478.87
69,300 at 7.39%$479.35
69,300 at 7.4%$479.82
69,300 at 7.41%$480.29
69,300 at 7.42%$480.77
69,300 at 7.43%$481.24
69,300 at 7.44%$481.71
69,300 at 7.45%$482.19
69,300 at 7.46%$482.66
69,300 at 7.47%$483.13
69,300 at 7.48%$483.61
69,300 at 7.49%$484.08
69,300 at 7.5%$484.56
69,300 at 7.51%$485.03
69,300 at 7.52%$485.51
69,300 at 7.53%$485.98
69,300 at 7.54%$486.46
69,300 at 7.55%$486.93
69,300 at 7.56%$487.41
69,300 at 7.57%$487.88
69,300 at 7.58%$488.36
69,300 at 7.59%$488.83
69,300 at 7.6%$489.31
69,300 at 7.61%$489.79
69,300 at 7.62%$490.26
69,300 at 7.63%$490.74
69,300 at 7.64%$491.22
69,300 at 7.65%$491.69
69,300 at 7.66%$492.17
69,300 at 7.67%$492.65
69,300 at 7.68%$493.13
69,300 at 7.69%$493.60
69,300 at 7.7%$494.08
69,300 at 7.71%$494.56
69,300 at 7.72%$495.04
69,300 at 7.73%$495.52
69,300 at 7.74%$495.99
69,300 at 7.75%$496.47
69,300 at 7.76%$496.95
69,300 at 7.77%$497.43
69,300 at 7.78%$497.91
69,300 at 7.79%$498.39
69,300 at 7.8%$498.87
69,300 at 7.81%$499.35
69,300 at 7.82%$499.83
69,300 at 7.83%$500.31
69,300 at 7.84%$500.79
69,300 at 7.85%$501.27
69,300 at 7.86%$501.75
69,300 at 7.87%$502.23
69,300 at 7.88%$502.71
69,300 at 7.89%$503.19
69,300 at 7.9%$503.68
69,300 at 7.91%$504.16
69,300 at 7.92%$504.64
69,300 at 7.93%$505.12
69,300 at 7.94%$505.60
69,300 at 7.95%$506.09
69,300 at 7.96%$506.57
69,300 at 7.97%$507.05
69,300 at 7.98%$507.53
69,300 at 7.99%$508.02
69,300 at 8%$508.50
More Amounts
What is the down payment for a $69,300 house? How much do you need to put down?
Percent Down Down Payment
1%693
2%1,386
3%2,079
4%2,772
5%3,465
6%4,158
7%4,851
8%5,544
9%6,237
10%6,930
11%7,623
12%8,316
13%9,009
14%9,702
15%10,395
16%11,088
17%11,781
18%12,474
19%13,167
20%13,860
Percent Down Down Payment
21%14,553
22%15,246
23%15,939
24%16,632
25%17,325
26%18,018
27%18,711
28%19,404
29%20,097
30%20,790
31%21,483
32%22,176
33%22,869
34%23,562
35%24,255
36%24,948
37%25,641
38%26,334
39%27,027
40%27,720
Percent Down Down Payment
41%28,413
42%29,106
43%29,799
44%30,492
45%31,185
46%31,878
47%32,571
48%33,264
49%33,957
50%34,650
51%35,343
52%36,036
53%36,729
54%37,422
55%38,115
56%38,808
57%39,501
58%40,194
59%40,887
60%41,580
Percent Down Down Payment
61%42,273
62%42,966
63%43,659
64%44,352
65%45,045
66%45,738
67%46,431
68%47,124
69%47,817
70%48,510
71%49,203
72%49,896
73%50,589
74%51,282
75%51,975
76%52,668
77%53,361
78%54,054
79%54,747
80%55,440
Percent Down Down Payment
81%56,133
82%56,826
83%57,519
84%58,212
85%58,905
86%59,598
87%60,291
88%60,984
89%61,677
90%62,370
91%63,063
92%63,756
93%64,449
94%65,142
95%65,835
96%66,528
97%67,221
98%67,914
99%68,607
100%69,300
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.