$94,100 Mortgage for 30 Years

What is the monthly payment of a 94,100 dollar loan?
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Loan Tables for a $94,100 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 94k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $94,100 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
94,100 at 2.01%$348.28
94,100 at 2.02%$348.75
94,100 at 2.03%$349.23
94,100 at 2.04%$349.70
94,100 at 2.05%$350.17
94,100 at 2.06%$350.64
94,100 at 2.07%$351.12
94,100 at 2.08%$351.59
94,100 at 2.09%$352.06
94,100 at 2.1%$352.54
94,100 at 2.11%$353.01
94,100 at 2.12%$353.49
94,100 at 2.13%$353.96
94,100 at 2.14%$354.44
94,100 at 2.15%$354.91
94,100 at 2.16%$355.39
94,100 at 2.17%$355.87
94,100 at 2.18%$356.34
94,100 at 2.19%$356.82
94,100 at 2.2%$357.30
94,100 at 2.21%$357.78
94,100 at 2.22%$358.26
94,100 at 2.23%$358.73
94,100 at 2.24%$359.21
94,100 at 2.25%$359.69
94,100 at 2.26%$360.17
94,100 at 2.27%$360.65
94,100 at 2.28%$361.14
94,100 at 2.29%$361.62
94,100 at 2.3%$362.10
94,100 at 2.31%$362.58
94,100 at 2.32%$363.06
94,100 at 2.33%$363.55
94,100 at 2.34%$364.03
94,100 at 2.35%$364.51
94,100 at 2.36%$365.00
94,100 at 2.37%$365.48
94,100 at 2.38%$365.96
94,100 at 2.39%$366.45
94,100 at 2.4%$366.93
94,100 at 2.41%$367.42
94,100 at 2.42%$367.91
94,100 at 2.43%$368.39
94,100 at 2.44%$368.88
94,100 at 2.45%$369.37
94,100 at 2.46%$369.85
94,100 at 2.47%$370.34
94,100 at 2.48%$370.83
94,100 at 2.49%$371.32
94,100 at 2.5%$371.81
94,100 at 2.51%$372.30
94,100 at 2.52%$372.79
94,100 at 2.53%$373.28
94,100 at 2.54%$373.77
94,100 at 2.55%$374.26
94,100 at 2.56%$374.75
94,100 at 2.57%$375.24
94,100 at 2.58%$375.73
94,100 at 2.59%$376.23
94,100 at 2.6%$376.72
94,100 at 2.61%$377.21
94,100 at 2.62%$377.71
94,100 at 2.63%$378.20
94,100 at 2.64%$378.69
94,100 at 2.65%$379.19
94,100 at 2.66%$379.68
94,100 at 2.67%$380.18
94,100 at 2.68%$380.67
94,100 at 2.69%$381.17
94,100 at 2.7%$381.67
94,100 at 2.71%$382.16
94,100 at 2.72%$382.66
94,100 at 2.73%$383.16
94,100 at 2.74%$383.66
94,100 at 2.75%$384.15
94,100 at 2.76%$384.65
94,100 at 2.77%$385.15
94,100 at 2.78%$385.65
94,100 at 2.79%$386.15
94,100 at 2.8%$386.65
94,100 at 2.81%$387.15
94,100 at 2.82%$387.65
94,100 at 2.83%$388.15
94,100 at 2.84%$388.66
94,100 at 2.85%$389.16
94,100 at 2.86%$389.66
94,100 at 2.87%$390.16
94,100 at 2.88%$390.67
94,100 at 2.89%$391.17
94,100 at 2.9%$391.67
94,100 at 2.91%$392.18
94,100 at 2.92%$392.68
94,100 at 2.93%$393.19
94,100 at 2.94%$393.69
94,100 at 2.95%$394.20
94,100 at 2.96%$394.70
94,100 at 2.97%$395.21
94,100 at 2.98%$395.72
94,100 at 2.99%$396.22
94,100 at 3%$396.73
94,100 at 3.01%$397.24
94,100 at 3.02%$397.75
94,100 at 3.03%$398.25
94,100 at 3.04%$398.76
94,100 at 3.05%$399.27
94,100 at 3.06%$399.78
94,100 at 3.07%$400.29
94,100 at 3.08%$400.80
94,100 at 3.09%$401.31
94,100 at 3.1%$401.82
94,100 at 3.11%$402.33
94,100 at 3.12%$402.85
94,100 at 3.13%$403.36
94,100 at 3.14%$403.87
94,100 at 3.15%$404.38
94,100 at 3.16%$404.90
94,100 at 3.17%$405.41
94,100 at 3.18%$405.92
94,100 at 3.19%$406.44
94,100 at 3.2%$406.95
94,100 at 3.21%$407.47
94,100 at 3.22%$407.98
94,100 at 3.23%$408.50
94,100 at 3.24%$409.01
94,100 at 3.25%$409.53
94,100 at 3.26%$410.05
94,100 at 3.27%$410.56
94,100 at 3.28%$411.08
94,100 at 3.29%$411.60
94,100 at 3.3%$412.12
94,100 at 3.31%$412.63
94,100 at 3.32%$413.15
94,100 at 3.33%$413.67
94,100 at 3.34%$414.19
94,100 at 3.35%$414.71
94,100 at 3.36%$415.23
94,100 at 3.37%$415.75
94,100 at 3.38%$416.27
94,100 at 3.39%$416.79
94,100 at 3.4%$417.32
94,100 at 3.41%$417.84
94,100 at 3.42%$418.36
94,100 at 3.43%$418.88
94,100 at 3.44%$419.41
94,100 at 3.45%$419.93
94,100 at 3.46%$420.45
94,100 at 3.47%$420.98
94,100 at 3.48%$421.50
94,100 at 3.49%$422.03
94,100 at 3.5%$422.55
Interest Rate 30 Year
94,100 at 3.51%$423.08
94,100 at 3.52%$423.60
94,100 at 3.53%$424.13
94,100 at 3.54%$424.65
94,100 at 3.55%$425.18
94,100 at 3.56%$425.71
94,100 at 3.57%$426.24
94,100 at 3.58%$426.76
94,100 at 3.59%$427.29
94,100 at 3.6%$427.82
94,100 at 3.61%$428.35
94,100 at 3.62%$428.88
94,100 at 3.63%$429.41
94,100 at 3.64%$429.94
94,100 at 3.65%$430.47
94,100 at 3.66%$431.00
94,100 at 3.67%$431.53
94,100 at 3.68%$432.06
94,100 at 3.69%$432.59
94,100 at 3.7%$433.13
94,100 at 3.71%$433.66
94,100 at 3.72%$434.19
94,100 at 3.73%$434.72
94,100 at 3.74%$435.26
94,100 at 3.75%$435.79
94,100 at 3.76%$436.33
94,100 at 3.77%$436.86
94,100 at 3.78%$437.40
94,100 at 3.79%$437.93
94,100 at 3.8%$438.47
94,100 at 3.81%$439.00
94,100 at 3.82%$439.54
94,100 at 3.83%$440.07
94,100 at 3.84%$440.61
94,100 at 3.85%$441.15
94,100 at 3.86%$441.69
94,100 at 3.87%$442.22
94,100 at 3.88%$442.76
94,100 at 3.89%$443.30
94,100 at 3.9%$443.84
94,100 at 3.91%$444.38
94,100 at 3.92%$444.92
94,100 at 3.93%$445.46
94,100 at 3.94%$446.00
94,100 at 3.95%$446.54
94,100 at 3.96%$447.08
94,100 at 3.97%$447.62
94,100 at 3.98%$448.16
94,100 at 3.99%$448.71
94,100 at 4%$449.25
94,100 at 4.01%$449.79
94,100 at 4.02%$450.33
94,100 at 4.03%$450.88
94,100 at 4.04%$451.42
94,100 at 4.05%$451.96
94,100 at 4.06%$452.51
94,100 at 4.07%$453.05
94,100 at 4.08%$453.60
94,100 at 4.09%$454.14
94,100 at 4.1%$454.69
94,100 at 4.11%$455.24
94,100 at 4.12%$455.78
94,100 at 4.13%$456.33
94,100 at 4.14%$456.88
94,100 at 4.15%$457.42
94,100 at 4.16%$457.97
94,100 at 4.17%$458.52
94,100 at 4.18%$459.07
94,100 at 4.19%$459.62
94,100 at 4.2%$460.17
94,100 at 4.21%$460.71
94,100 at 4.22%$461.26
94,100 at 4.23%$461.81
94,100 at 4.24%$462.36
94,100 at 4.25%$462.92
94,100 at 4.26%$463.47
94,100 at 4.27%$464.02
94,100 at 4.28%$464.57
94,100 at 4.29%$465.12
94,100 at 4.3%$465.67
94,100 at 4.31%$466.23
94,100 at 4.32%$466.78
94,100 at 4.33%$467.33
94,100 at 4.34%$467.89
94,100 at 4.35%$468.44
94,100 at 4.36%$469.00
94,100 at 4.37%$469.55
94,100 at 4.38%$470.10
94,100 at 4.39%$470.66
94,100 at 4.4%$471.22
94,100 at 4.41%$471.77
94,100 at 4.42%$472.33
94,100 at 4.43%$472.89
94,100 at 4.44%$473.44
94,100 at 4.45%$474.00
94,100 at 4.46%$474.56
94,100 at 4.47%$475.11
94,100 at 4.48%$475.67
94,100 at 4.49%$476.23
94,100 at 4.5%$476.79
94,100 at 4.51%$477.35
94,100 at 4.52%$477.91
94,100 at 4.53%$478.47
94,100 at 4.54%$479.03
94,100 at 4.55%$479.59
94,100 at 4.56%$480.15
94,100 at 4.57%$480.71
94,100 at 4.58%$481.27
94,100 at 4.59%$481.84
94,100 at 4.6%$482.40
94,100 at 4.61%$482.96
94,100 at 4.62%$483.52
94,100 at 4.63%$484.09
94,100 at 4.64%$484.65
94,100 at 4.65%$485.21
94,100 at 4.66%$485.78
94,100 at 4.67%$486.34
94,100 at 4.68%$486.91
94,100 at 4.69%$487.47
94,100 at 4.7%$488.04
94,100 at 4.71%$488.60
94,100 at 4.72%$489.17
94,100 at 4.73%$489.74
94,100 at 4.74%$490.30
94,100 at 4.75%$490.87
94,100 at 4.76%$491.44
94,100 at 4.77%$492.01
94,100 at 4.78%$492.57
94,100 at 4.79%$493.14
94,100 at 4.8%$493.71
94,100 at 4.81%$494.28
94,100 at 4.82%$494.85
94,100 at 4.83%$495.42
94,100 at 4.84%$495.99
94,100 at 4.85%$496.56
94,100 at 4.86%$497.13
94,100 at 4.87%$497.70
94,100 at 4.88%$498.27
94,100 at 4.89%$498.84
94,100 at 4.9%$499.41
94,100 at 4.91%$499.99
94,100 at 4.92%$500.56
94,100 at 4.93%$501.13
94,100 at 4.94%$501.70
94,100 at 4.95%$502.28
94,100 at 4.96%$502.85
94,100 at 4.97%$503.43
94,100 at 4.98%$504.00
94,100 at 4.99%$504.57
94,100 at 5%$505.15
Interest Rate 30 Year
94,100 at 5.01%$505.72
94,100 at 5.02%$506.30
94,100 at 5.03%$506.88
94,100 at 5.04%$507.45
94,100 at 5.05%$508.03
94,100 at 5.06%$508.61
94,100 at 5.07%$509.18
94,100 at 5.08%$509.76
94,100 at 5.09%$510.34
94,100 at 5.1%$510.92
94,100 at 5.11%$511.49
94,100 at 5.12%$512.07
94,100 at 5.13%$512.65
94,100 at 5.14%$513.23
94,100 at 5.15%$513.81
94,100 at 5.16%$514.39
94,100 at 5.17%$514.97
94,100 at 5.18%$515.55
94,100 at 5.19%$516.13
94,100 at 5.2%$516.71
94,100 at 5.21%$517.29
94,100 at 5.22%$517.88
94,100 at 5.23%$518.46
94,100 at 5.24%$519.04
94,100 at 5.25%$519.62
94,100 at 5.26%$520.21
94,100 at 5.27%$520.79
94,100 at 5.28%$521.37
94,100 at 5.29%$521.96
94,100 at 5.3%$522.54
94,100 at 5.31%$523.13
94,100 at 5.32%$523.71
94,100 at 5.33%$524.30
94,100 at 5.34%$524.88
94,100 at 5.35%$525.47
94,100 at 5.36%$526.05
94,100 at 5.37%$526.64
94,100 at 5.38%$527.23
94,100 at 5.39%$527.81
94,100 at 5.4%$528.40
94,100 at 5.41%$528.99
94,100 at 5.42%$529.58
94,100 at 5.43%$530.16
94,100 at 5.44%$530.75
94,100 at 5.45%$531.34
94,100 at 5.46%$531.93
94,100 at 5.47%$532.52
94,100 at 5.48%$533.11
94,100 at 5.49%$533.70
94,100 at 5.5%$534.29
94,100 at 5.51%$534.88
94,100 at 5.52%$535.47
94,100 at 5.53%$536.06
94,100 at 5.54%$536.65
94,100 at 5.55%$537.25
94,100 at 5.56%$537.84
94,100 at 5.57%$538.43
94,100 at 5.58%$539.02
94,100 at 5.59%$539.62
94,100 at 5.6%$540.21
94,100 at 5.61%$540.80
94,100 at 5.62%$541.40
94,100 at 5.63%$541.99
94,100 at 5.64%$542.58
94,100 at 5.65%$543.18
94,100 at 5.66%$543.77
94,100 at 5.67%$544.37
94,100 at 5.68%$544.96
94,100 at 5.69%$545.56
94,100 at 5.7%$546.16
94,100 at 5.71%$546.75
94,100 at 5.72%$547.35
94,100 at 5.73%$547.95
94,100 at 5.74%$548.54
94,100 at 5.75%$549.14
94,100 at 5.76%$549.74
94,100 at 5.77%$550.34
94,100 at 5.78%$550.94
94,100 at 5.79%$551.54
94,100 at 5.8%$552.13
94,100 at 5.81%$552.73
94,100 at 5.82%$553.33
94,100 at 5.83%$553.93
94,100 at 5.84%$554.53
94,100 at 5.85%$555.13
94,100 at 5.86%$555.74
94,100 at 5.87%$556.34
94,100 at 5.88%$556.94
94,100 at 5.89%$557.54
94,100 at 5.9%$558.14
94,100 at 5.91%$558.74
94,100 at 5.92%$559.35
94,100 at 5.93%$559.95
94,100 at 5.94%$560.55
94,100 at 5.95%$561.16
94,100 at 5.96%$561.76
94,100 at 5.97%$562.36
94,100 at 5.98%$562.97
94,100 at 5.99%$563.57
94,100 at 6%$564.18
94,100 at 6.01%$564.78
94,100 at 6.02%$565.39
94,100 at 6.03%$565.99
94,100 at 6.04%$566.60
94,100 at 6.05%$567.21
94,100 at 6.06%$567.81
94,100 at 6.07%$568.42
94,100 at 6.08%$569.03
94,100 at 6.09%$569.63
94,100 at 6.1%$570.24
94,100 at 6.11%$570.85
94,100 at 6.12%$571.46
94,100 at 6.13%$572.07
94,100 at 6.14%$572.67
94,100 at 6.15%$573.28
94,100 at 6.16%$573.89
94,100 at 6.17%$574.50
94,100 at 6.18%$575.11
94,100 at 6.19%$575.72
94,100 at 6.2%$576.33
94,100 at 6.21%$576.94
94,100 at 6.22%$577.56
94,100 at 6.23%$578.17
94,100 at 6.24%$578.78
94,100 at 6.25%$579.39
94,100 at 6.26%$580.00
94,100 at 6.27%$580.61
94,100 at 6.28%$581.23
94,100 at 6.29%$581.84
94,100 at 6.3%$582.45
94,100 at 6.31%$583.07
94,100 at 6.32%$583.68
94,100 at 6.33%$584.29
94,100 at 6.34%$584.91
94,100 at 6.35%$585.52
94,100 at 6.36%$586.14
94,100 at 6.37%$586.75
94,100 at 6.38%$587.37
94,100 at 6.39%$587.99
94,100 at 6.4%$588.60
94,100 at 6.41%$589.22
94,100 at 6.42%$589.83
94,100 at 6.43%$590.45
94,100 at 6.44%$591.07
94,100 at 6.45%$591.69
94,100 at 6.46%$592.30
94,100 at 6.47%$592.92
94,100 at 6.48%$593.54
94,100 at 6.49%$594.16
94,100 at 6.5%$594.78
Interest Rate 30 Year
94,100 at 6.51%$595.39
94,100 at 6.52%$596.01
94,100 at 6.53%$596.63
94,100 at 6.54%$597.25
94,100 at 6.55%$597.87
94,100 at 6.56%$598.49
94,100 at 6.57%$599.11
94,100 at 6.58%$599.74
94,100 at 6.59%$600.36
94,100 at 6.6%$600.98
94,100 at 6.61%$601.60
94,100 at 6.62%$602.22
94,100 at 6.63%$602.84
94,100 at 6.64%$603.47
94,100 at 6.65%$604.09
94,100 at 6.66%$604.71
94,100 at 6.67%$605.34
94,100 at 6.68%$605.96
94,100 at 6.69%$606.58
94,100 at 6.7%$607.21
94,100 at 6.71%$607.83
94,100 at 6.72%$608.46
94,100 at 6.73%$609.08
94,100 at 6.74%$609.71
94,100 at 6.75%$610.33
94,100 at 6.76%$610.96
94,100 at 6.77%$611.58
94,100 at 6.78%$612.21
94,100 at 6.79%$612.83
94,100 at 6.8%$613.46
94,100 at 6.81%$614.09
94,100 at 6.82%$614.72
94,100 at 6.83%$615.34
94,100 at 6.84%$615.97
94,100 at 6.85%$616.60
94,100 at 6.86%$617.23
94,100 at 6.87%$617.86
94,100 at 6.88%$618.48
94,100 at 6.89%$619.11
94,100 at 6.9%$619.74
94,100 at 6.91%$620.37
94,100 at 6.92%$621.00
94,100 at 6.93%$621.63
94,100 at 6.94%$622.26
94,100 at 6.95%$622.89
94,100 at 6.96%$623.52
94,100 at 6.97%$624.15
94,100 at 6.98%$624.79
94,100 at 6.99%$625.42
94,100 at 7%$626.05
94,100 at 7.01%$626.68
94,100 at 7.02%$627.31
94,100 at 7.03%$627.95
94,100 at 7.04%$628.58
94,100 at 7.05%$629.21
94,100 at 7.06%$629.85
94,100 at 7.07%$630.48
94,100 at 7.08%$631.11
94,100 at 7.09%$631.75
94,100 at 7.1%$632.38
94,100 at 7.11%$633.02
94,100 at 7.12%$633.65
94,100 at 7.13%$634.29
94,100 at 7.14%$634.92
94,100 at 7.15%$635.56
94,100 at 7.16%$636.19
94,100 at 7.17%$636.83
94,100 at 7.18%$637.47
94,100 at 7.19%$638.10
94,100 at 7.2%$638.74
94,100 at 7.21%$639.38
94,100 at 7.22%$640.01
94,100 at 7.23%$640.65
94,100 at 7.24%$641.29
94,100 at 7.25%$641.93
94,100 at 7.26%$642.57
94,100 at 7.27%$643.20
94,100 at 7.28%$643.84
94,100 at 7.29%$644.48
94,100 at 7.3%$645.12
94,100 at 7.31%$645.76
94,100 at 7.32%$646.40
94,100 at 7.33%$647.04
94,100 at 7.34%$647.68
94,100 at 7.35%$648.32
94,100 at 7.36%$648.96
94,100 at 7.37%$649.60
94,100 at 7.38%$650.25
94,100 at 7.39%$650.89
94,100 at 7.4%$651.53
94,100 at 7.41%$652.17
94,100 at 7.42%$652.81
94,100 at 7.43%$653.46
94,100 at 7.44%$654.10
94,100 at 7.45%$654.74
94,100 at 7.46%$655.39
94,100 at 7.47%$656.03
94,100 at 7.48%$656.67
94,100 at 7.49%$657.32
94,100 at 7.5%$657.96
94,100 at 7.51%$658.61
94,100 at 7.52%$659.25
94,100 at 7.53%$659.89
94,100 at 7.54%$660.54
94,100 at 7.55%$661.19
94,100 at 7.56%$661.83
94,100 at 7.57%$662.48
94,100 at 7.58%$663.12
94,100 at 7.59%$663.77
94,100 at 7.6%$664.42
94,100 at 7.61%$665.06
94,100 at 7.62%$665.71
94,100 at 7.63%$666.36
94,100 at 7.64%$667.01
94,100 at 7.65%$667.65
94,100 at 7.66%$668.30
94,100 at 7.67%$668.95
94,100 at 7.68%$669.60
94,100 at 7.69%$670.25
94,100 at 7.7%$670.90
94,100 at 7.71%$671.54
94,100 at 7.72%$672.19
94,100 at 7.73%$672.84
94,100 at 7.74%$673.49
94,100 at 7.75%$674.14
94,100 at 7.76%$674.79
94,100 at 7.77%$675.44
94,100 at 7.78%$676.10
94,100 at 7.79%$676.75
94,100 at 7.8%$677.40
94,100 at 7.81%$678.05
94,100 at 7.82%$678.70
94,100 at 7.83%$679.35
94,100 at 7.84%$680.01
94,100 at 7.85%$680.66
94,100 at 7.86%$681.31
94,100 at 7.87%$681.96
94,100 at 7.88%$682.62
94,100 at 7.89%$683.27
94,100 at 7.9%$683.92
94,100 at 7.91%$684.58
94,100 at 7.92%$685.23
94,100 at 7.93%$685.89
94,100 at 7.94%$686.54
94,100 at 7.95%$687.20
94,100 at 7.96%$687.85
94,100 at 7.97%$688.51
94,100 at 7.98%$689.16
94,100 at 7.99%$689.82
94,100 at 8%$690.47
More Amounts
What is the down payment for a $94,100 house? How much do you need to put down?
Percent Down Down Payment
1%941
2%1,882
3%2,823
4%3,764
5%4,705
6%5,646
7%6,587
8%7,528
9%8,469
10%9,410
11%10,351
12%11,292
13%12,233
14%13,174
15%14,115
16%15,056
17%15,997
18%16,938
19%17,879
20%18,820
Percent Down Down Payment
21%19,761
22%20,702
23%21,643
24%22,584
25%23,525
26%24,466
27%25,407
28%26,348
29%27,289
30%28,230
31%29,171
32%30,112
33%31,053
34%31,994
35%32,935
36%33,876
37%34,817
38%35,758
39%36,699
40%37,640
Percent Down Down Payment
41%38,581
42%39,522
43%40,463
44%41,404
45%42,345
46%43,286
47%44,227
48%45,168
49%46,109
50%47,050
51%47,991
52%48,932
53%49,873
54%50,814
55%51,755
56%52,696
57%53,637
58%54,578
59%55,519
60%56,460
Percent Down Down Payment
61%57,401
62%58,342
63%59,283
64%60,224
65%61,165
66%62,106
67%63,047
68%63,988
69%64,929
70%65,870
71%66,811
72%67,752
73%68,693
74%69,634
75%70,575
76%71,516
77%72,457
78%73,398
79%74,339
80%75,280
Percent Down Down Payment
81%76,221
82%77,162
83%78,103
84%79,044
85%79,985
86%80,926
87%81,867
88%82,808
89%83,749
90%84,690
91%85,631
92%86,572
93%87,513
94%88,454
95%89,395
96%90,336
97%91,277
98%92,218
99%93,159
100%94,100
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.