$72,950 Mortgage for 30 Years

What is the monthly payment of a 72,950 dollar loan?
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Loan Tables for a $72,950 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 73k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $72,950 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
72,950 at 2.01%$270.00
72,950 at 2.02%$270.37
72,950 at 2.03%$270.73
72,950 at 2.04%$271.10
72,950 at 2.05%$271.47
72,950 at 2.06%$271.83
72,950 at 2.07%$272.20
72,950 at 2.08%$272.57
72,950 at 2.09%$272.93
72,950 at 2.1%$273.30
72,950 at 2.11%$273.67
72,950 at 2.12%$274.04
72,950 at 2.13%$274.40
72,950 at 2.14%$274.77
72,950 at 2.15%$275.14
72,950 at 2.16%$275.51
72,950 at 2.17%$275.88
72,950 at 2.18%$276.25
72,950 at 2.19%$276.62
72,950 at 2.2%$276.99
72,950 at 2.21%$277.36
72,950 at 2.22%$277.73
72,950 at 2.23%$278.10
72,950 at 2.24%$278.48
72,950 at 2.25%$278.85
72,950 at 2.26%$279.22
72,950 at 2.27%$279.59
72,950 at 2.28%$279.97
72,950 at 2.29%$280.34
72,950 at 2.3%$280.71
72,950 at 2.31%$281.09
72,950 at 2.32%$281.46
72,950 at 2.33%$281.83
72,950 at 2.34%$282.21
72,950 at 2.35%$282.58
72,950 at 2.36%$282.96
72,950 at 2.37%$283.33
72,950 at 2.38%$283.71
72,950 at 2.39%$284.09
72,950 at 2.4%$284.46
72,950 at 2.41%$284.84
72,950 at 2.42%$285.22
72,950 at 2.43%$285.59
72,950 at 2.44%$285.97
72,950 at 2.45%$286.35
72,950 at 2.46%$286.73
72,950 at 2.47%$287.10
72,950 at 2.48%$287.48
72,950 at 2.49%$287.86
72,950 at 2.5%$288.24
72,950 at 2.51%$288.62
72,950 at 2.52%$289.00
72,950 at 2.53%$289.38
72,950 at 2.54%$289.76
72,950 at 2.55%$290.14
72,950 at 2.56%$290.52
72,950 at 2.57%$290.90
72,950 at 2.58%$291.28
72,950 at 2.59%$291.67
72,950 at 2.6%$292.05
72,950 at 2.61%$292.43
72,950 at 2.62%$292.81
72,950 at 2.63%$293.20
72,950 at 2.64%$293.58
72,950 at 2.65%$293.96
72,950 at 2.66%$294.35
72,950 at 2.67%$294.73
72,950 at 2.68%$295.11
72,950 at 2.69%$295.50
72,950 at 2.7%$295.88
72,950 at 2.71%$296.27
72,950 at 2.72%$296.65
72,950 at 2.73%$297.04
72,950 at 2.74%$297.43
72,950 at 2.75%$297.81
72,950 at 2.76%$298.20
72,950 at 2.77%$298.59
72,950 at 2.78%$298.97
72,950 at 2.79%$299.36
72,950 at 2.8%$299.75
72,950 at 2.81%$300.14
72,950 at 2.82%$300.52
72,950 at 2.83%$300.91
72,950 at 2.84%$301.30
72,950 at 2.85%$301.69
72,950 at 2.86%$302.08
72,950 at 2.87%$302.47
72,950 at 2.88%$302.86
72,950 at 2.89%$303.25
72,950 at 2.9%$303.64
72,950 at 2.91%$304.03
72,950 at 2.92%$304.42
72,950 at 2.93%$304.81
72,950 at 2.94%$305.20
72,950 at 2.95%$305.60
72,950 at 2.96%$305.99
72,950 at 2.97%$306.38
72,950 at 2.98%$306.77
72,950 at 2.99%$307.17
72,950 at 3%$307.56
72,950 at 3.01%$307.95
72,950 at 3.02%$308.35
72,950 at 3.03%$308.74
72,950 at 3.04%$309.14
72,950 at 3.05%$309.53
72,950 at 3.06%$309.93
72,950 at 3.07%$310.32
72,950 at 3.08%$310.72
72,950 at 3.09%$311.11
72,950 at 3.1%$311.51
72,950 at 3.11%$311.90
72,950 at 3.12%$312.30
72,950 at 3.13%$312.70
72,950 at 3.14%$313.10
72,950 at 3.15%$313.49
72,950 at 3.16%$313.89
72,950 at 3.17%$314.29
72,950 at 3.18%$314.69
72,950 at 3.19%$315.09
72,950 at 3.2%$315.48
72,950 at 3.21%$315.88
72,950 at 3.22%$316.28
72,950 at 3.23%$316.68
72,950 at 3.24%$317.08
72,950 at 3.25%$317.48
72,950 at 3.26%$317.88
72,950 at 3.27%$318.28
72,950 at 3.28%$318.69
72,950 at 3.29%$319.09
72,950 at 3.3%$319.49
72,950 at 3.31%$319.89
72,950 at 3.32%$320.29
72,950 at 3.33%$320.69
72,950 at 3.34%$321.10
72,950 at 3.35%$321.50
72,950 at 3.36%$321.90
72,950 at 3.37%$322.31
72,950 at 3.38%$322.71
72,950 at 3.39%$323.12
72,950 at 3.4%$323.52
72,950 at 3.41%$323.92
72,950 at 3.42%$324.33
72,950 at 3.43%$324.73
72,950 at 3.44%$325.14
72,950 at 3.45%$325.55
72,950 at 3.46%$325.95
72,950 at 3.47%$326.36
72,950 at 3.48%$326.76
72,950 at 3.49%$327.17
72,950 at 3.5%$327.58
Interest Rate 30 Year
72,950 at 3.51%$327.99
72,950 at 3.52%$328.39
72,950 at 3.53%$328.80
72,950 at 3.54%$329.21
72,950 at 3.55%$329.62
72,950 at 3.56%$330.03
72,950 at 3.57%$330.44
72,950 at 3.58%$330.84
72,950 at 3.59%$331.25
72,950 at 3.6%$331.66
72,950 at 3.61%$332.07
72,950 at 3.62%$332.48
72,950 at 3.63%$332.89
72,950 at 3.64%$333.31
72,950 at 3.65%$333.72
72,950 at 3.66%$334.13
72,950 at 3.67%$334.54
72,950 at 3.68%$334.95
72,950 at 3.69%$335.36
72,950 at 3.7%$335.78
72,950 at 3.71%$336.19
72,950 at 3.72%$336.60
72,950 at 3.73%$337.02
72,950 at 3.74%$337.43
72,950 at 3.75%$337.84
72,950 at 3.76%$338.26
72,950 at 3.77%$338.67
72,950 at 3.78%$339.09
72,950 at 3.79%$339.50
72,950 at 3.8%$339.92
72,950 at 3.81%$340.33
72,950 at 3.82%$340.75
72,950 at 3.83%$341.16
72,950 at 3.84%$341.58
72,950 at 3.85%$342.00
72,950 at 3.86%$342.41
72,950 at 3.87%$342.83
72,950 at 3.88%$343.25
72,950 at 3.89%$343.66
72,950 at 3.9%$344.08
72,950 at 3.91%$344.50
72,950 at 3.92%$344.92
72,950 at 3.93%$345.34
72,950 at 3.94%$345.76
72,950 at 3.95%$346.17
72,950 at 3.96%$346.59
72,950 at 3.97%$347.01
72,950 at 3.98%$347.43
72,950 at 3.99%$347.85
72,950 at 4%$348.27
72,950 at 4.01%$348.70
72,950 at 4.02%$349.12
72,950 at 4.03%$349.54
72,950 at 4.04%$349.96
72,950 at 4.05%$350.38
72,950 at 4.06%$350.80
72,950 at 4.07%$351.22
72,950 at 4.08%$351.65
72,950 at 4.09%$352.07
72,950 at 4.1%$352.49
72,950 at 4.11%$352.92
72,950 at 4.12%$353.34
72,950 at 4.13%$353.76
72,950 at 4.14%$354.19
72,950 at 4.15%$354.61
72,950 at 4.16%$355.04
72,950 at 4.17%$355.46
72,950 at 4.18%$355.89
72,950 at 4.19%$356.31
72,950 at 4.2%$356.74
72,950 at 4.21%$357.16
72,950 at 4.22%$357.59
72,950 at 4.23%$358.02
72,950 at 4.24%$358.44
72,950 at 4.25%$358.87
72,950 at 4.26%$359.30
72,950 at 4.27%$359.72
72,950 at 4.28%$360.15
72,950 at 4.29%$360.58
72,950 at 4.3%$361.01
72,950 at 4.31%$361.44
72,950 at 4.32%$361.87
72,950 at 4.33%$362.29
72,950 at 4.34%$362.72
72,950 at 4.35%$363.15
72,950 at 4.36%$363.58
72,950 at 4.37%$364.01
72,950 at 4.38%$364.44
72,950 at 4.39%$364.87
72,950 at 4.4%$365.31
72,950 at 4.41%$365.74
72,950 at 4.42%$366.17
72,950 at 4.43%$366.60
72,950 at 4.44%$367.03
72,950 at 4.45%$367.46
72,950 at 4.46%$367.90
72,950 at 4.47%$368.33
72,950 at 4.48%$368.76
72,950 at 4.49%$369.19
72,950 at 4.5%$369.63
72,950 at 4.51%$370.06
72,950 at 4.52%$370.49
72,950 at 4.53%$370.93
72,950 at 4.54%$371.36
72,950 at 4.55%$371.80
72,950 at 4.56%$372.23
72,950 at 4.57%$372.67
72,950 at 4.58%$373.10
72,950 at 4.59%$373.54
72,950 at 4.6%$373.97
72,950 at 4.61%$374.41
72,950 at 4.62%$374.85
72,950 at 4.63%$375.28
72,950 at 4.64%$375.72
72,950 at 4.65%$376.16
72,950 at 4.66%$376.59
72,950 at 4.67%$377.03
72,950 at 4.68%$377.47
72,950 at 4.69%$377.91
72,950 at 4.7%$378.35
72,950 at 4.71%$378.78
72,950 at 4.72%$379.22
72,950 at 4.73%$379.66
72,950 at 4.74%$380.10
72,950 at 4.75%$380.54
72,950 at 4.76%$380.98
72,950 at 4.77%$381.42
72,950 at 4.78%$381.86
72,950 at 4.79%$382.30
72,950 at 4.8%$382.74
72,950 at 4.81%$383.18
72,950 at 4.82%$383.63
72,950 at 4.83%$384.07
72,950 at 4.84%$384.51
72,950 at 4.85%$384.95
72,950 at 4.86%$385.39
72,950 at 4.87%$385.84
72,950 at 4.88%$386.28
72,950 at 4.89%$386.72
72,950 at 4.9%$387.17
72,950 at 4.91%$387.61
72,950 at 4.92%$388.05
72,950 at 4.93%$388.50
72,950 at 4.94%$388.94
72,950 at 4.95%$389.39
72,950 at 4.96%$389.83
72,950 at 4.97%$390.27
72,950 at 4.98%$390.72
72,950 at 4.99%$391.17
72,950 at 5%$391.61
Interest Rate 30 Year
72,950 at 5.01%$392.06
72,950 at 5.02%$392.50
72,950 at 5.03%$392.95
72,950 at 5.04%$393.40
72,950 at 5.05%$393.84
72,950 at 5.06%$394.29
72,950 at 5.07%$394.74
72,950 at 5.08%$395.19
72,950 at 5.09%$395.63
72,950 at 5.1%$396.08
72,950 at 5.11%$396.53
72,950 at 5.12%$396.98
72,950 at 5.13%$397.43
72,950 at 5.14%$397.88
72,950 at 5.15%$398.33
72,950 at 5.16%$398.78
72,950 at 5.17%$399.23
72,950 at 5.18%$399.68
72,950 at 5.19%$400.13
72,950 at 5.2%$400.58
72,950 at 5.21%$401.03
72,950 at 5.22%$401.48
72,950 at 5.23%$401.93
72,950 at 5.24%$402.38
72,950 at 5.25%$402.83
72,950 at 5.26%$403.28
72,950 at 5.27%$403.74
72,950 at 5.28%$404.19
72,950 at 5.29%$404.64
72,950 at 5.3%$405.09
72,950 at 5.31%$405.55
72,950 at 5.32%$406.00
72,950 at 5.33%$406.45
72,950 at 5.34%$406.91
72,950 at 5.35%$407.36
72,950 at 5.36%$407.82
72,950 at 5.37%$408.27
72,950 at 5.38%$408.73
72,950 at 5.39%$409.18
72,950 at 5.4%$409.64
72,950 at 5.41%$410.09
72,950 at 5.42%$410.55
72,950 at 5.43%$411.00
72,950 at 5.44%$411.46
72,950 at 5.45%$411.92
72,950 at 5.46%$412.37
72,950 at 5.47%$412.83
72,950 at 5.48%$413.29
72,950 at 5.49%$413.74
72,950 at 5.5%$414.20
72,950 at 5.51%$414.66
72,950 at 5.52%$415.12
72,950 at 5.53%$415.58
72,950 at 5.54%$416.03
72,950 at 5.55%$416.49
72,950 at 5.56%$416.95
72,950 at 5.57%$417.41
72,950 at 5.58%$417.87
72,950 at 5.59%$418.33
72,950 at 5.6%$418.79
72,950 at 5.61%$419.25
72,950 at 5.62%$419.71
72,950 at 5.63%$420.17
72,950 at 5.64%$420.63
72,950 at 5.65%$421.09
72,950 at 5.66%$421.55
72,950 at 5.67%$422.02
72,950 at 5.68%$422.48
72,950 at 5.69%$422.94
72,950 at 5.7%$423.40
72,950 at 5.71%$423.86
72,950 at 5.72%$424.33
72,950 at 5.73%$424.79
72,950 at 5.74%$425.25
72,950 at 5.75%$425.72
72,950 at 5.76%$426.18
72,950 at 5.77%$426.64
72,950 at 5.78%$427.11
72,950 at 5.79%$427.57
72,950 at 5.8%$428.04
72,950 at 5.81%$428.50
72,950 at 5.82%$428.97
72,950 at 5.83%$429.43
72,950 at 5.84%$429.90
72,950 at 5.85%$430.36
72,950 at 5.86%$430.83
72,950 at 5.87%$431.29
72,950 at 5.88%$431.76
72,950 at 5.89%$432.23
72,950 at 5.9%$432.69
72,950 at 5.91%$433.16
72,950 at 5.92%$433.63
72,950 at 5.93%$434.09
72,950 at 5.94%$434.56
72,950 at 5.95%$435.03
72,950 at 5.96%$435.50
72,950 at 5.97%$435.97
72,950 at 5.98%$436.43
72,950 at 5.99%$436.90
72,950 at 6%$437.37
72,950 at 6.01%$437.84
72,950 at 6.02%$438.31
72,950 at 6.03%$438.78
72,950 at 6.04%$439.25
72,950 at 6.05%$439.72
72,950 at 6.06%$440.19
72,950 at 6.07%$440.66
72,950 at 6.08%$441.13
72,950 at 6.09%$441.60
72,950 at 6.1%$442.07
72,950 at 6.11%$442.54
72,950 at 6.12%$443.02
72,950 at 6.13%$443.49
72,950 at 6.14%$443.96
72,950 at 6.15%$444.43
72,950 at 6.16%$444.90
72,950 at 6.17%$445.38
72,950 at 6.18%$445.85
72,950 at 6.19%$446.32
72,950 at 6.2%$446.80
72,950 at 6.21%$447.27
72,950 at 6.22%$447.74
72,950 at 6.23%$448.22
72,950 at 6.24%$448.69
72,950 at 6.25%$449.17
72,950 at 6.26%$449.64
72,950 at 6.27%$450.12
72,950 at 6.28%$450.59
72,950 at 6.29%$451.07
72,950 at 6.3%$451.54
72,950 at 6.31%$452.02
72,950 at 6.32%$452.49
72,950 at 6.33%$452.97
72,950 at 6.34%$453.44
72,950 at 6.35%$453.92
72,950 at 6.36%$454.40
72,950 at 6.37%$454.87
72,950 at 6.38%$455.35
72,950 at 6.39%$455.83
72,950 at 6.4%$456.31
72,950 at 6.41%$456.78
72,950 at 6.42%$457.26
72,950 at 6.43%$457.74
72,950 at 6.44%$458.22
72,950 at 6.45%$458.70
72,950 at 6.46%$459.18
72,950 at 6.47%$459.66
72,950 at 6.48%$460.13
72,950 at 6.49%$460.61
72,950 at 6.5%$461.09
Interest Rate 30 Year
72,950 at 6.51%$461.57
72,950 at 6.52%$462.05
72,950 at 6.53%$462.53
72,950 at 6.54%$463.01
72,950 at 6.55%$463.50
72,950 at 6.56%$463.98
72,950 at 6.57%$464.46
72,950 at 6.58%$464.94
72,950 at 6.59%$465.42
72,950 at 6.6%$465.90
72,950 at 6.61%$466.38
72,950 at 6.62%$466.87
72,950 at 6.63%$467.35
72,950 at 6.64%$467.83
72,950 at 6.65%$468.31
72,950 at 6.66%$468.80
72,950 at 6.67%$469.28
72,950 at 6.68%$469.76
72,950 at 6.69%$470.25
72,950 at 6.7%$470.73
72,950 at 6.71%$471.21
72,950 at 6.72%$471.70
72,950 at 6.73%$472.18
72,950 at 6.74%$472.67
72,950 at 6.75%$473.15
72,950 at 6.76%$473.64
72,950 at 6.77%$474.12
72,950 at 6.78%$474.61
72,950 at 6.79%$475.09
72,950 at 6.8%$475.58
72,950 at 6.81%$476.07
72,950 at 6.82%$476.55
72,950 at 6.83%$477.04
72,950 at 6.84%$477.52
72,950 at 6.85%$478.01
72,950 at 6.86%$478.50
72,950 at 6.87%$478.99
72,950 at 6.88%$479.47
72,950 at 6.89%$479.96
72,950 at 6.9%$480.45
72,950 at 6.91%$480.94
72,950 at 6.92%$481.43
72,950 at 6.93%$481.91
72,950 at 6.94%$482.40
72,950 at 6.95%$482.89
72,950 at 6.96%$483.38
72,950 at 6.97%$483.87
72,950 at 6.98%$484.36
72,950 at 6.99%$484.85
72,950 at 7%$485.34
72,950 at 7.01%$485.83
72,950 at 7.02%$486.32
72,950 at 7.03%$486.81
72,950 at 7.04%$487.30
72,950 at 7.05%$487.79
72,950 at 7.06%$488.28
72,950 at 7.07%$488.77
72,950 at 7.08%$489.26
72,950 at 7.09%$489.76
72,950 at 7.1%$490.25
72,950 at 7.11%$490.74
72,950 at 7.12%$491.23
72,950 at 7.13%$491.72
72,950 at 7.14%$492.22
72,950 at 7.15%$492.71
72,950 at 7.16%$493.20
72,950 at 7.17%$493.70
72,950 at 7.18%$494.19
72,950 at 7.19%$494.68
72,950 at 7.2%$495.18
72,950 at 7.21%$495.67
72,950 at 7.22%$496.16
72,950 at 7.23%$496.66
72,950 at 7.24%$497.15
72,950 at 7.25%$497.65
72,950 at 7.26%$498.14
72,950 at 7.27%$498.64
72,950 at 7.28%$499.13
72,950 at 7.29%$499.63
72,950 at 7.3%$500.12
72,950 at 7.31%$500.62
72,950 at 7.32%$501.12
72,950 at 7.33%$501.61
72,950 at 7.34%$502.11
72,950 at 7.35%$502.61
72,950 at 7.36%$503.10
72,950 at 7.37%$503.60
72,950 at 7.38%$504.10
72,950 at 7.39%$504.59
72,950 at 7.4%$505.09
72,950 at 7.41%$505.59
72,950 at 7.42%$506.09
72,950 at 7.43%$506.58
72,950 at 7.44%$507.08
72,950 at 7.45%$507.58
72,950 at 7.46%$508.08
72,950 at 7.47%$508.58
72,950 at 7.48%$509.08
72,950 at 7.49%$509.58
72,950 at 7.5%$510.08
72,950 at 7.51%$510.58
72,950 at 7.52%$511.08
72,950 at 7.53%$511.58
72,950 at 7.54%$512.08
72,950 at 7.55%$512.58
72,950 at 7.56%$513.08
72,950 at 7.57%$513.58
72,950 at 7.58%$514.08
72,950 at 7.59%$514.58
72,950 at 7.6%$515.08
72,950 at 7.61%$515.58
72,950 at 7.62%$516.08
72,950 at 7.63%$516.59
72,950 at 7.64%$517.09
72,950 at 7.65%$517.59
72,950 at 7.66%$518.09
72,950 at 7.67%$518.60
72,950 at 7.68%$519.10
72,950 at 7.69%$519.60
72,950 at 7.7%$520.10
72,950 at 7.71%$520.61
72,950 at 7.72%$521.11
72,950 at 7.73%$521.61
72,950 at 7.74%$522.12
72,950 at 7.75%$522.62
72,950 at 7.76%$523.13
72,950 at 7.77%$523.63
72,950 at 7.78%$524.14
72,950 at 7.79%$524.64
72,950 at 7.8%$525.15
72,950 at 7.81%$525.65
72,950 at 7.82%$526.16
72,950 at 7.83%$526.66
72,950 at 7.84%$527.17
72,950 at 7.85%$527.67
72,950 at 7.86%$528.18
72,950 at 7.87%$528.68
72,950 at 7.88%$529.19
72,950 at 7.89%$529.70
72,950 at 7.9%$530.20
72,950 at 7.91%$530.71
72,950 at 7.92%$531.22
72,950 at 7.93%$531.73
72,950 at 7.94%$532.23
72,950 at 7.95%$532.74
72,950 at 7.96%$533.25
72,950 at 7.97%$533.76
72,950 at 7.98%$534.26
72,950 at 7.99%$534.77
72,950 at 8%$535.28
More Amounts
What is the down payment for a $72,950 house? How much do you need to put down?
Percent Down Down Payment
1%730
2%1,459
3%2,189
4%2,918
5%3,648
6%4,377
7%5,107
8%5,836
9%6,566
10%7,295
11%8,025
12%8,754
13%9,484
14%10,213
15%10,943
16%11,672
17%12,402
18%13,131
19%13,861
20%14,590
Percent Down Down Payment
21%15,320
22%16,049
23%16,779
24%17,508
25%18,238
26%18,967
27%19,697
28%20,426
29%21,156
30%21,885
31%22,615
32%23,344
33%24,074
34%24,803
35%25,533
36%26,262
37%26,992
38%27,721
39%28,451
40%29,180
Percent Down Down Payment
41%29,910
42%30,639
43%31,369
44%32,098
45%32,828
46%33,557
47%34,287
48%35,016
49%35,746
50%36,475
51%37,205
52%37,934
53%38,664
54%39,393
55%40,123
56%40,852
57%41,582
58%42,311
59%43,041
60%43,770
Percent Down Down Payment
61%44,500
62%45,229
63%45,959
64%46,688
65%47,418
66%48,147
67%48,877
68%49,606
69%50,336
70%51,065
71%51,795
72%52,524
73%53,254
74%53,983
75%54,713
76%55,442
77%56,172
78%56,901
79%57,631
80%58,360
Percent Down Down Payment
81%59,090
82%59,819
83%60,549
84%61,278
85%62,008
86%62,737
87%63,467
88%64,196
89%64,926
90%65,655
91%66,385
92%67,114
93%67,844
94%68,573
95%69,303
96%70,032
97%70,762
98%71,491
99%72,221
100%72,950
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.