$71,450 Mortgage for 30 Years

What is the monthly payment of a 71,450 dollar loan?
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Loan Tables for a $71,450 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 71k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $71,450 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
71,450 at 2.01%$264.45
71,450 at 2.02%$264.81
71,450 at 2.03%$265.17
71,450 at 2.04%$265.52
71,450 at 2.05%$265.88
71,450 at 2.06%$266.24
71,450 at 2.07%$266.60
71,450 at 2.08%$266.96
71,450 at 2.09%$267.32
71,450 at 2.1%$267.68
71,450 at 2.11%$268.04
71,450 at 2.12%$268.40
71,450 at 2.13%$268.76
71,450 at 2.14%$269.12
71,450 at 2.15%$269.48
71,450 at 2.16%$269.85
71,450 at 2.17%$270.21
71,450 at 2.18%$270.57
71,450 at 2.19%$270.93
71,450 at 2.2%$271.30
71,450 at 2.21%$271.66
71,450 at 2.22%$272.02
71,450 at 2.23%$272.39
71,450 at 2.24%$272.75
71,450 at 2.25%$273.11
71,450 at 2.26%$273.48
71,450 at 2.27%$273.84
71,450 at 2.28%$274.21
71,450 at 2.29%$274.57
71,450 at 2.3%$274.94
71,450 at 2.31%$275.31
71,450 at 2.32%$275.67
71,450 at 2.33%$276.04
71,450 at 2.34%$276.41
71,450 at 2.35%$276.77
71,450 at 2.36%$277.14
71,450 at 2.37%$277.51
71,450 at 2.38%$277.88
71,450 at 2.39%$278.24
71,450 at 2.4%$278.61
71,450 at 2.41%$278.98
71,450 at 2.42%$279.35
71,450 at 2.43%$279.72
71,450 at 2.44%$280.09
71,450 at 2.45%$280.46
71,450 at 2.46%$280.83
71,450 at 2.47%$281.20
71,450 at 2.48%$281.57
71,450 at 2.49%$281.94
71,450 at 2.5%$282.31
71,450 at 2.51%$282.69
71,450 at 2.52%$283.06
71,450 at 2.53%$283.43
71,450 at 2.54%$283.80
71,450 at 2.55%$284.17
71,450 at 2.56%$284.55
71,450 at 2.57%$284.92
71,450 at 2.58%$285.29
71,450 at 2.59%$285.67
71,450 at 2.6%$286.04
71,450 at 2.61%$286.42
71,450 at 2.62%$286.79
71,450 at 2.63%$287.17
71,450 at 2.64%$287.54
71,450 at 2.65%$287.92
71,450 at 2.66%$288.29
71,450 at 2.67%$288.67
71,450 at 2.68%$289.05
71,450 at 2.69%$289.42
71,450 at 2.7%$289.80
71,450 at 2.71%$290.18
71,450 at 2.72%$290.55
71,450 at 2.73%$290.93
71,450 at 2.74%$291.31
71,450 at 2.75%$291.69
71,450 at 2.76%$292.07
71,450 at 2.77%$292.45
71,450 at 2.78%$292.82
71,450 at 2.79%$293.20
71,450 at 2.8%$293.58
71,450 at 2.81%$293.96
71,450 at 2.82%$294.34
71,450 at 2.83%$294.72
71,450 at 2.84%$295.11
71,450 at 2.85%$295.49
71,450 at 2.86%$295.87
71,450 at 2.87%$296.25
71,450 at 2.88%$296.63
71,450 at 2.89%$297.01
71,450 at 2.9%$297.40
71,450 at 2.91%$297.78
71,450 at 2.92%$298.16
71,450 at 2.93%$298.55
71,450 at 2.94%$298.93
71,450 at 2.95%$299.31
71,450 at 2.96%$299.70
71,450 at 2.97%$300.08
71,450 at 2.98%$300.47
71,450 at 2.99%$300.85
71,450 at 3%$301.24
71,450 at 3.01%$301.62
71,450 at 3.02%$302.01
71,450 at 3.03%$302.39
71,450 at 3.04%$302.78
71,450 at 3.05%$303.17
71,450 at 3.06%$303.55
71,450 at 3.07%$303.94
71,450 at 3.08%$304.33
71,450 at 3.09%$304.72
71,450 at 3.1%$305.10
71,450 at 3.11%$305.49
71,450 at 3.12%$305.88
71,450 at 3.13%$306.27
71,450 at 3.14%$306.66
71,450 at 3.15%$307.05
71,450 at 3.16%$307.44
71,450 at 3.17%$307.83
71,450 at 3.18%$308.22
71,450 at 3.19%$308.61
71,450 at 3.2%$309.00
71,450 at 3.21%$309.39
71,450 at 3.22%$309.78
71,450 at 3.23%$310.17
71,450 at 3.24%$310.56
71,450 at 3.25%$310.95
71,450 at 3.26%$311.35
71,450 at 3.27%$311.74
71,450 at 3.28%$312.13
71,450 at 3.29%$312.53
71,450 at 3.3%$312.92
71,450 at 3.31%$313.31
71,450 at 3.32%$313.71
71,450 at 3.33%$314.10
71,450 at 3.34%$314.50
71,450 at 3.35%$314.89
71,450 at 3.36%$315.28
71,450 at 3.37%$315.68
71,450 at 3.38%$316.08
71,450 at 3.39%$316.47
71,450 at 3.4%$316.87
71,450 at 3.41%$317.26
71,450 at 3.42%$317.66
71,450 at 3.43%$318.06
71,450 at 3.44%$318.45
71,450 at 3.45%$318.85
71,450 at 3.46%$319.25
71,450 at 3.47%$319.65
71,450 at 3.48%$320.05
71,450 at 3.49%$320.44
71,450 at 3.5%$320.84
Interest Rate 30 Year
71,450 at 3.51%$321.24
71,450 at 3.52%$321.64
71,450 at 3.53%$322.04
71,450 at 3.54%$322.44
71,450 at 3.55%$322.84
71,450 at 3.56%$323.24
71,450 at 3.57%$323.64
71,450 at 3.58%$324.04
71,450 at 3.59%$324.44
71,450 at 3.6%$324.84
71,450 at 3.61%$325.25
71,450 at 3.62%$325.65
71,450 at 3.63%$326.05
71,450 at 3.64%$326.45
71,450 at 3.65%$326.85
71,450 at 3.66%$327.26
71,450 at 3.67%$327.66
71,450 at 3.68%$328.06
71,450 at 3.69%$328.47
71,450 at 3.7%$328.87
71,450 at 3.71%$329.28
71,450 at 3.72%$329.68
71,450 at 3.73%$330.09
71,450 at 3.74%$330.49
71,450 at 3.75%$330.90
71,450 at 3.76%$331.30
71,450 at 3.77%$331.71
71,450 at 3.78%$332.11
71,450 at 3.79%$332.52
71,450 at 3.8%$332.93
71,450 at 3.81%$333.33
71,450 at 3.82%$333.74
71,450 at 3.83%$334.15
71,450 at 3.84%$334.56
71,450 at 3.85%$334.96
71,450 at 3.86%$335.37
71,450 at 3.87%$335.78
71,450 at 3.88%$336.19
71,450 at 3.89%$336.60
71,450 at 3.9%$337.01
71,450 at 3.91%$337.42
71,450 at 3.92%$337.83
71,450 at 3.93%$338.24
71,450 at 3.94%$338.65
71,450 at 3.95%$339.06
71,450 at 3.96%$339.47
71,450 at 3.97%$339.88
71,450 at 3.98%$340.29
71,450 at 3.99%$340.70
71,450 at 4%$341.11
71,450 at 4.01%$341.53
71,450 at 4.02%$341.94
71,450 at 4.03%$342.35
71,450 at 4.04%$342.76
71,450 at 4.05%$343.18
71,450 at 4.06%$343.59
71,450 at 4.07%$344.00
71,450 at 4.08%$344.42
71,450 at 4.09%$344.83
71,450 at 4.1%$345.25
71,450 at 4.11%$345.66
71,450 at 4.12%$346.07
71,450 at 4.13%$346.49
71,450 at 4.14%$346.91
71,450 at 4.15%$347.32
71,450 at 4.16%$347.74
71,450 at 4.17%$348.15
71,450 at 4.18%$348.57
71,450 at 4.19%$348.99
71,450 at 4.2%$349.40
71,450 at 4.21%$349.82
71,450 at 4.22%$350.24
71,450 at 4.23%$350.65
71,450 at 4.24%$351.07
71,450 at 4.25%$351.49
71,450 at 4.26%$351.91
71,450 at 4.27%$352.33
71,450 at 4.28%$352.75
71,450 at 4.29%$353.17
71,450 at 4.3%$353.59
71,450 at 4.31%$354.01
71,450 at 4.32%$354.43
71,450 at 4.33%$354.85
71,450 at 4.34%$355.27
71,450 at 4.35%$355.69
71,450 at 4.36%$356.11
71,450 at 4.37%$356.53
71,450 at 4.38%$356.95
71,450 at 4.39%$357.37
71,450 at 4.4%$357.79
71,450 at 4.41%$358.22
71,450 at 4.42%$358.64
71,450 at 4.43%$359.06
71,450 at 4.44%$359.48
71,450 at 4.45%$359.91
71,450 at 4.46%$360.33
71,450 at 4.47%$360.75
71,450 at 4.48%$361.18
71,450 at 4.49%$361.60
71,450 at 4.5%$362.03
71,450 at 4.51%$362.45
71,450 at 4.52%$362.88
71,450 at 4.53%$363.30
71,450 at 4.54%$363.73
71,450 at 4.55%$364.15
71,450 at 4.56%$364.58
71,450 at 4.57%$365.00
71,450 at 4.58%$365.43
71,450 at 4.59%$365.86
71,450 at 4.6%$366.28
71,450 at 4.61%$366.71
71,450 at 4.62%$367.14
71,450 at 4.63%$367.57
71,450 at 4.64%$367.99
71,450 at 4.65%$368.42
71,450 at 4.66%$368.85
71,450 at 4.67%$369.28
71,450 at 4.68%$369.71
71,450 at 4.69%$370.14
71,450 at 4.7%$370.57
71,450 at 4.71%$371.00
71,450 at 4.72%$371.43
71,450 at 4.73%$371.86
71,450 at 4.74%$372.29
71,450 at 4.75%$372.72
71,450 at 4.76%$373.15
71,450 at 4.77%$373.58
71,450 at 4.78%$374.01
71,450 at 4.79%$374.44
71,450 at 4.8%$374.87
71,450 at 4.81%$375.31
71,450 at 4.82%$375.74
71,450 at 4.83%$376.17
71,450 at 4.84%$376.60
71,450 at 4.85%$377.04
71,450 at 4.86%$377.47
71,450 at 4.87%$377.90
71,450 at 4.88%$378.34
71,450 at 4.89%$378.77
71,450 at 4.9%$379.20
71,450 at 4.91%$379.64
71,450 at 4.92%$380.07
71,450 at 4.93%$380.51
71,450 at 4.94%$380.94
71,450 at 4.95%$381.38
71,450 at 4.96%$381.81
71,450 at 4.97%$382.25
71,450 at 4.98%$382.69
71,450 at 4.99%$383.12
71,450 at 5%$383.56
Interest Rate 30 Year
71,450 at 5.01%$384.00
71,450 at 5.02%$384.43
71,450 at 5.03%$384.87
71,450 at 5.04%$385.31
71,450 at 5.05%$385.75
71,450 at 5.06%$386.18
71,450 at 5.07%$386.62
71,450 at 5.08%$387.06
71,450 at 5.09%$387.50
71,450 at 5.1%$387.94
71,450 at 5.11%$388.38
71,450 at 5.12%$388.82
71,450 at 5.13%$389.26
71,450 at 5.14%$389.70
71,450 at 5.15%$390.14
71,450 at 5.16%$390.58
71,450 at 5.17%$391.02
71,450 at 5.18%$391.46
71,450 at 5.19%$391.90
71,450 at 5.2%$392.34
71,450 at 5.21%$392.78
71,450 at 5.22%$393.22
71,450 at 5.23%$393.66
71,450 at 5.24%$394.11
71,450 at 5.25%$394.55
71,450 at 5.26%$394.99
71,450 at 5.27%$395.44
71,450 at 5.28%$395.88
71,450 at 5.29%$396.32
71,450 at 5.3%$396.77
71,450 at 5.31%$397.21
71,450 at 5.32%$397.65
71,450 at 5.33%$398.10
71,450 at 5.34%$398.54
71,450 at 5.35%$398.99
71,450 at 5.36%$399.43
71,450 at 5.37%$399.88
71,450 at 5.38%$400.32
71,450 at 5.39%$400.77
71,450 at 5.4%$401.21
71,450 at 5.41%$401.66
71,450 at 5.42%$402.11
71,450 at 5.43%$402.55
71,450 at 5.44%$403.00
71,450 at 5.45%$403.45
71,450 at 5.46%$403.89
71,450 at 5.47%$404.34
71,450 at 5.48%$404.79
71,450 at 5.49%$405.24
71,450 at 5.5%$405.69
71,450 at 5.51%$406.13
71,450 at 5.52%$406.58
71,450 at 5.53%$407.03
71,450 at 5.54%$407.48
71,450 at 5.55%$407.93
71,450 at 5.56%$408.38
71,450 at 5.57%$408.83
71,450 at 5.58%$409.28
71,450 at 5.59%$409.73
71,450 at 5.6%$410.18
71,450 at 5.61%$410.63
71,450 at 5.62%$411.08
71,450 at 5.63%$411.53
71,450 at 5.64%$411.98
71,450 at 5.65%$412.43
71,450 at 5.66%$412.89
71,450 at 5.67%$413.34
71,450 at 5.68%$413.79
71,450 at 5.69%$414.24
71,450 at 5.7%$414.70
71,450 at 5.71%$415.15
71,450 at 5.72%$415.60
71,450 at 5.73%$416.06
71,450 at 5.74%$416.51
71,450 at 5.75%$416.96
71,450 at 5.76%$417.42
71,450 at 5.77%$417.87
71,450 at 5.78%$418.33
71,450 at 5.79%$418.78
71,450 at 5.8%$419.24
71,450 at 5.81%$419.69
71,450 at 5.82%$420.15
71,450 at 5.83%$420.60
71,450 at 5.84%$421.06
71,450 at 5.85%$421.51
71,450 at 5.86%$421.97
71,450 at 5.87%$422.43
71,450 at 5.88%$422.88
71,450 at 5.89%$423.34
71,450 at 5.9%$423.80
71,450 at 5.91%$424.25
71,450 at 5.92%$424.71
71,450 at 5.93%$425.17
71,450 at 5.94%$425.63
71,450 at 5.95%$426.08
71,450 at 5.96%$426.54
71,450 at 5.97%$427.00
71,450 at 5.98%$427.46
71,450 at 5.99%$427.92
71,450 at 6%$428.38
71,450 at 6.01%$428.84
71,450 at 6.02%$429.30
71,450 at 6.03%$429.76
71,450 at 6.04%$430.22
71,450 at 6.05%$430.68
71,450 at 6.06%$431.14
71,450 at 6.07%$431.60
71,450 at 6.08%$432.06
71,450 at 6.09%$432.52
71,450 at 6.1%$432.98
71,450 at 6.11%$433.44
71,450 at 6.12%$433.91
71,450 at 6.13%$434.37
71,450 at 6.14%$434.83
71,450 at 6.15%$435.29
71,450 at 6.16%$435.76
71,450 at 6.17%$436.22
71,450 at 6.18%$436.68
71,450 at 6.19%$437.15
71,450 at 6.2%$437.61
71,450 at 6.21%$438.07
71,450 at 6.22%$438.54
71,450 at 6.23%$439.00
71,450 at 6.24%$439.47
71,450 at 6.25%$439.93
71,450 at 6.26%$440.39
71,450 at 6.27%$440.86
71,450 at 6.28%$441.32
71,450 at 6.29%$441.79
71,450 at 6.3%$442.26
71,450 at 6.31%$442.72
71,450 at 6.32%$443.19
71,450 at 6.33%$443.65
71,450 at 6.34%$444.12
71,450 at 6.35%$444.59
71,450 at 6.36%$445.05
71,450 at 6.37%$445.52
71,450 at 6.38%$445.99
71,450 at 6.39%$446.46
71,450 at 6.4%$446.92
71,450 at 6.41%$447.39
71,450 at 6.42%$447.86
71,450 at 6.43%$448.33
71,450 at 6.44%$448.80
71,450 at 6.45%$449.27
71,450 at 6.46%$449.73
71,450 at 6.47%$450.20
71,450 at 6.48%$450.67
71,450 at 6.49%$451.14
71,450 at 6.5%$451.61
Interest Rate 30 Year
71,450 at 6.51%$452.08
71,450 at 6.52%$452.55
71,450 at 6.53%$453.02
71,450 at 6.54%$453.49
71,450 at 6.55%$453.96
71,450 at 6.56%$454.44
71,450 at 6.57%$454.91
71,450 at 6.58%$455.38
71,450 at 6.59%$455.85
71,450 at 6.6%$456.32
71,450 at 6.61%$456.79
71,450 at 6.62%$457.27
71,450 at 6.63%$457.74
71,450 at 6.64%$458.21
71,450 at 6.65%$458.68
71,450 at 6.66%$459.16
71,450 at 6.67%$459.63
71,450 at 6.68%$460.10
71,450 at 6.69%$460.58
71,450 at 6.7%$461.05
71,450 at 6.71%$461.53
71,450 at 6.72%$462.00
71,450 at 6.73%$462.47
71,450 at 6.74%$462.95
71,450 at 6.75%$463.42
71,450 at 6.76%$463.90
71,450 at 6.77%$464.37
71,450 at 6.78%$464.85
71,450 at 6.79%$465.32
71,450 at 6.8%$465.80
71,450 at 6.81%$466.28
71,450 at 6.82%$466.75
71,450 at 6.83%$467.23
71,450 at 6.84%$467.71
71,450 at 6.85%$468.18
71,450 at 6.86%$468.66
71,450 at 6.87%$469.14
71,450 at 6.88%$469.61
71,450 at 6.89%$470.09
71,450 at 6.9%$470.57
71,450 at 6.91%$471.05
71,450 at 6.92%$471.53
71,450 at 6.93%$472.00
71,450 at 6.94%$472.48
71,450 at 6.95%$472.96
71,450 at 6.96%$473.44
71,450 at 6.97%$473.92
71,450 at 6.98%$474.40
71,450 at 6.99%$474.88
71,450 at 7%$475.36
71,450 at 7.01%$475.84
71,450 at 7.02%$476.32
71,450 at 7.03%$476.80
71,450 at 7.04%$477.28
71,450 at 7.05%$477.76
71,450 at 7.06%$478.24
71,450 at 7.07%$478.72
71,450 at 7.08%$479.20
71,450 at 7.09%$479.69
71,450 at 7.1%$480.17
71,450 at 7.11%$480.65
71,450 at 7.12%$481.13
71,450 at 7.13%$481.61
71,450 at 7.14%$482.10
71,450 at 7.15%$482.58
71,450 at 7.16%$483.06
71,450 at 7.17%$483.54
71,450 at 7.18%$484.03
71,450 at 7.19%$484.51
71,450 at 7.2%$484.99
71,450 at 7.21%$485.48
71,450 at 7.22%$485.96
71,450 at 7.23%$486.45
71,450 at 7.24%$486.93
71,450 at 7.25%$487.41
71,450 at 7.26%$487.90
71,450 at 7.27%$488.38
71,450 at 7.28%$488.87
71,450 at 7.29%$489.35
71,450 at 7.3%$489.84
71,450 at 7.31%$490.33
71,450 at 7.32%$490.81
71,450 at 7.33%$491.30
71,450 at 7.34%$491.78
71,450 at 7.35%$492.27
71,450 at 7.36%$492.76
71,450 at 7.37%$493.24
71,450 at 7.38%$493.73
71,450 at 7.39%$494.22
71,450 at 7.4%$494.71
71,450 at 7.41%$495.19
71,450 at 7.42%$495.68
71,450 at 7.43%$496.17
71,450 at 7.44%$496.66
71,450 at 7.45%$497.14
71,450 at 7.46%$497.63
71,450 at 7.47%$498.12
71,450 at 7.48%$498.61
71,450 at 7.49%$499.10
71,450 at 7.5%$499.59
71,450 at 7.51%$500.08
71,450 at 7.52%$500.57
71,450 at 7.53%$501.06
71,450 at 7.54%$501.55
71,450 at 7.55%$502.04
71,450 at 7.56%$502.53
71,450 at 7.57%$503.02
71,450 at 7.58%$503.51
71,450 at 7.59%$504.00
71,450 at 7.6%$504.49
71,450 at 7.61%$504.98
71,450 at 7.62%$505.47
71,450 at 7.63%$505.96
71,450 at 7.64%$506.46
71,450 at 7.65%$506.95
71,450 at 7.66%$507.44
71,450 at 7.67%$507.93
71,450 at 7.68%$508.42
71,450 at 7.69%$508.92
71,450 at 7.7%$509.41
71,450 at 7.71%$509.90
71,450 at 7.72%$510.40
71,450 at 7.73%$510.89
71,450 at 7.74%$511.38
71,450 at 7.75%$511.88
71,450 at 7.76%$512.37
71,450 at 7.77%$512.86
71,450 at 7.78%$513.36
71,450 at 7.79%$513.85
71,450 at 7.8%$514.35
71,450 at 7.81%$514.84
71,450 at 7.82%$515.34
71,450 at 7.83%$515.83
71,450 at 7.84%$516.33
71,450 at 7.85%$516.82
71,450 at 7.86%$517.32
71,450 at 7.87%$517.81
71,450 at 7.88%$518.31
71,450 at 7.89%$518.81
71,450 at 7.9%$519.30
71,450 at 7.91%$519.80
71,450 at 7.92%$520.30
71,450 at 7.93%$520.79
71,450 at 7.94%$521.29
71,450 at 7.95%$521.79
71,450 at 7.96%$522.28
71,450 at 7.97%$522.78
71,450 at 7.98%$523.28
71,450 at 7.99%$523.78
71,450 at 8%$524.27
More Amounts
What is the down payment for a $71,450 house? How much do you need to put down?
Percent Down Down Payment
1%715
2%1,429
3%2,144
4%2,858
5%3,573
6%4,287
7%5,002
8%5,716
9%6,431
10%7,145
11%7,860
12%8,574
13%9,289
14%10,003
15%10,718
16%11,432
17%12,147
18%12,861
19%13,576
20%14,290
Percent Down Down Payment
21%15,005
22%15,719
23%16,434
24%17,148
25%17,863
26%18,577
27%19,292
28%20,006
29%20,721
30%21,435
31%22,150
32%22,864
33%23,579
34%24,293
35%25,008
36%25,722
37%26,437
38%27,151
39%27,866
40%28,580
Percent Down Down Payment
41%29,295
42%30,009
43%30,724
44%31,438
45%32,153
46%32,867
47%33,582
48%34,296
49%35,011
50%35,725
51%36,440
52%37,154
53%37,869
54%38,583
55%39,298
56%40,012
57%40,727
58%41,441
59%42,156
60%42,870
Percent Down Down Payment
61%43,585
62%44,299
63%45,014
64%45,728
65%46,443
66%47,157
67%47,872
68%48,586
69%49,301
70%50,015
71%50,730
72%51,444
73%52,159
74%52,873
75%53,588
76%54,302
77%55,017
78%55,731
79%56,446
80%57,160
Percent Down Down Payment
81%57,875
82%58,589
83%59,304
84%60,018
85%60,733
86%61,447
87%62,162
88%62,876
89%63,591
90%64,305
91%65,020
92%65,734
93%66,449
94%67,163
95%67,878
96%68,592
97%69,307
98%70,021
99%70,736
100%71,450
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.