$99,200 Mortgage for 30 Years

What is the monthly payment of a 99,200 dollar loan?
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Loan Tables for a $99,200 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 99k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $99,200 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
99,200 at 2.01%$367.16
99,200 at 2.02%$367.66
99,200 at 2.03%$368.15
99,200 at 2.04%$368.65
99,200 at 2.05%$369.15
99,200 at 2.06%$369.65
99,200 at 2.07%$370.14
99,200 at 2.08%$370.64
99,200 at 2.09%$371.14
99,200 at 2.1%$371.64
99,200 at 2.11%$372.14
99,200 at 2.12%$372.64
99,200 at 2.13%$373.14
99,200 at 2.14%$373.65
99,200 at 2.15%$374.15
99,200 at 2.16%$374.65
99,200 at 2.17%$375.15
99,200 at 2.18%$375.66
99,200 at 2.19%$376.16
99,200 at 2.2%$376.66
99,200 at 2.21%$377.17
99,200 at 2.22%$377.67
99,200 at 2.23%$378.18
99,200 at 2.24%$378.68
99,200 at 2.25%$379.19
99,200 at 2.26%$379.69
99,200 at 2.27%$380.20
99,200 at 2.28%$380.71
99,200 at 2.29%$381.22
99,200 at 2.3%$381.72
99,200 at 2.31%$382.23
99,200 at 2.32%$382.74
99,200 at 2.33%$383.25
99,200 at 2.34%$383.76
99,200 at 2.35%$384.27
99,200 at 2.36%$384.78
99,200 at 2.37%$385.29
99,200 at 2.38%$385.80
99,200 at 2.39%$386.31
99,200 at 2.4%$386.82
99,200 at 2.41%$387.33
99,200 at 2.42%$387.85
99,200 at 2.43%$388.36
99,200 at 2.44%$388.87
99,200 at 2.45%$389.39
99,200 at 2.46%$389.90
99,200 at 2.47%$390.41
99,200 at 2.48%$390.93
99,200 at 2.49%$391.44
99,200 at 2.5%$391.96
99,200 at 2.51%$392.48
99,200 at 2.52%$392.99
99,200 at 2.53%$393.51
99,200 at 2.54%$394.03
99,200 at 2.55%$394.54
99,200 at 2.56%$395.06
99,200 at 2.57%$395.58
99,200 at 2.58%$396.10
99,200 at 2.59%$396.62
99,200 at 2.6%$397.14
99,200 at 2.61%$397.66
99,200 at 2.62%$398.18
99,200 at 2.63%$398.70
99,200 at 2.64%$399.22
99,200 at 2.65%$399.74
99,200 at 2.66%$400.26
99,200 at 2.67%$400.78
99,200 at 2.68%$401.31
99,200 at 2.69%$401.83
99,200 at 2.7%$402.35
99,200 at 2.71%$402.88
99,200 at 2.72%$403.40
99,200 at 2.73%$403.93
99,200 at 2.74%$404.45
99,200 at 2.75%$404.98
99,200 at 2.76%$405.50
99,200 at 2.77%$406.03
99,200 at 2.78%$406.55
99,200 at 2.79%$407.08
99,200 at 2.8%$407.61
99,200 at 2.81%$408.13
99,200 at 2.82%$408.66
99,200 at 2.83%$409.19
99,200 at 2.84%$409.72
99,200 at 2.85%$410.25
99,200 at 2.86%$410.78
99,200 at 2.87%$411.31
99,200 at 2.88%$411.84
99,200 at 2.89%$412.37
99,200 at 2.9%$412.90
99,200 at 2.91%$413.43
99,200 at 2.92%$413.96
99,200 at 2.93%$414.50
99,200 at 2.94%$415.03
99,200 at 2.95%$415.56
99,200 at 2.96%$416.09
99,200 at 2.97%$416.63
99,200 at 2.98%$417.16
99,200 at 2.99%$417.70
99,200 at 3%$418.23
99,200 at 3.01%$418.77
99,200 at 3.02%$419.30
99,200 at 3.03%$419.84
99,200 at 3.04%$420.37
99,200 at 3.05%$420.91
99,200 at 3.06%$421.45
99,200 at 3.07%$421.99
99,200 at 3.08%$422.52
99,200 at 3.09%$423.06
99,200 at 3.1%$423.60
99,200 at 3.11%$424.14
99,200 at 3.12%$424.68
99,200 at 3.13%$425.22
99,200 at 3.14%$425.76
99,200 at 3.15%$426.30
99,200 at 3.16%$426.84
99,200 at 3.17%$427.38
99,200 at 3.18%$427.92
99,200 at 3.19%$428.46
99,200 at 3.2%$429.01
99,200 at 3.21%$429.55
99,200 at 3.22%$430.09
99,200 at 3.23%$430.64
99,200 at 3.24%$431.18
99,200 at 3.25%$431.72
99,200 at 3.26%$432.27
99,200 at 3.27%$432.81
99,200 at 3.28%$433.36
99,200 at 3.29%$433.91
99,200 at 3.3%$434.45
99,200 at 3.31%$435.00
99,200 at 3.32%$435.54
99,200 at 3.33%$436.09
99,200 at 3.34%$436.64
99,200 at 3.35%$437.19
99,200 at 3.36%$437.74
99,200 at 3.37%$438.28
99,200 at 3.38%$438.83
99,200 at 3.39%$439.38
99,200 at 3.4%$439.93
99,200 at 3.41%$440.48
99,200 at 3.42%$441.03
99,200 at 3.43%$441.59
99,200 at 3.44%$442.14
99,200 at 3.45%$442.69
99,200 at 3.46%$443.24
99,200 at 3.47%$443.79
99,200 at 3.48%$444.35
99,200 at 3.49%$444.90
99,200 at 3.5%$445.45
Interest Rate 30 Year
99,200 at 3.51%$446.01
99,200 at 3.52%$446.56
99,200 at 3.53%$447.12
99,200 at 3.54%$447.67
99,200 at 3.55%$448.23
99,200 at 3.56%$448.78
99,200 at 3.57%$449.34
99,200 at 3.58%$449.89
99,200 at 3.59%$450.45
99,200 at 3.6%$451.01
99,200 at 3.61%$451.57
99,200 at 3.62%$452.12
99,200 at 3.63%$452.68
99,200 at 3.64%$453.24
99,200 at 3.65%$453.80
99,200 at 3.66%$454.36
99,200 at 3.67%$454.92
99,200 at 3.68%$455.48
99,200 at 3.69%$456.04
99,200 at 3.7%$456.60
99,200 at 3.71%$457.16
99,200 at 3.72%$457.72
99,200 at 3.73%$458.29
99,200 at 3.74%$458.85
99,200 at 3.75%$459.41
99,200 at 3.76%$459.97
99,200 at 3.77%$460.54
99,200 at 3.78%$461.10
99,200 at 3.79%$461.67
99,200 at 3.8%$462.23
99,200 at 3.81%$462.79
99,200 at 3.82%$463.36
99,200 at 3.83%$463.93
99,200 at 3.84%$464.49
99,200 at 3.85%$465.06
99,200 at 3.86%$465.62
99,200 at 3.87%$466.19
99,200 at 3.88%$466.76
99,200 at 3.89%$467.33
99,200 at 3.9%$467.89
99,200 at 3.91%$468.46
99,200 at 3.92%$469.03
99,200 at 3.93%$469.60
99,200 at 3.94%$470.17
99,200 at 3.95%$470.74
99,200 at 3.96%$471.31
99,200 at 3.97%$471.88
99,200 at 3.98%$472.45
99,200 at 3.99%$473.02
99,200 at 4%$473.60
99,200 at 4.01%$474.17
99,200 at 4.02%$474.74
99,200 at 4.03%$475.31
99,200 at 4.04%$475.89
99,200 at 4.05%$476.46
99,200 at 4.06%$477.03
99,200 at 4.07%$477.61
99,200 at 4.08%$478.18
99,200 at 4.09%$478.76
99,200 at 4.1%$479.33
99,200 at 4.11%$479.91
99,200 at 4.12%$480.48
99,200 at 4.13%$481.06
99,200 at 4.14%$481.64
99,200 at 4.15%$482.21
99,200 at 4.16%$482.79
99,200 at 4.17%$483.37
99,200 at 4.18%$483.95
99,200 at 4.19%$484.53
99,200 at 4.2%$485.11
99,200 at 4.21%$485.68
99,200 at 4.22%$486.26
99,200 at 4.23%$486.84
99,200 at 4.24%$487.42
99,200 at 4.25%$488.00
99,200 at 4.26%$488.59
99,200 at 4.27%$489.17
99,200 at 4.28%$489.75
99,200 at 4.29%$490.33
99,200 at 4.3%$490.91
99,200 at 4.31%$491.50
99,200 at 4.32%$492.08
99,200 at 4.33%$492.66
99,200 at 4.34%$493.25
99,200 at 4.35%$493.83
99,200 at 4.36%$494.41
99,200 at 4.37%$495.00
99,200 at 4.38%$495.58
99,200 at 4.39%$496.17
99,200 at 4.4%$496.75
99,200 at 4.41%$497.34
99,200 at 4.42%$497.93
99,200 at 4.43%$498.51
99,200 at 4.44%$499.10
99,200 at 4.45%$499.69
99,200 at 4.46%$500.28
99,200 at 4.47%$500.87
99,200 at 4.48%$501.45
99,200 at 4.49%$502.04
99,200 at 4.5%$502.63
99,200 at 4.51%$503.22
99,200 at 4.52%$503.81
99,200 at 4.53%$504.40
99,200 at 4.54%$504.99
99,200 at 4.55%$505.58
99,200 at 4.56%$506.17
99,200 at 4.57%$506.77
99,200 at 4.58%$507.36
99,200 at 4.59%$507.95
99,200 at 4.6%$508.54
99,200 at 4.61%$509.14
99,200 at 4.62%$509.73
99,200 at 4.63%$510.32
99,200 at 4.64%$510.92
99,200 at 4.65%$511.51
99,200 at 4.66%$512.11
99,200 at 4.67%$512.70
99,200 at 4.68%$513.30
99,200 at 4.69%$513.89
99,200 at 4.7%$514.49
99,200 at 4.71%$515.09
99,200 at 4.72%$515.68
99,200 at 4.73%$516.28
99,200 at 4.74%$516.88
99,200 at 4.75%$517.47
99,200 at 4.76%$518.07
99,200 at 4.77%$518.67
99,200 at 4.78%$519.27
99,200 at 4.79%$519.87
99,200 at 4.8%$520.47
99,200 at 4.81%$521.07
99,200 at 4.82%$521.67
99,200 at 4.83%$522.27
99,200 at 4.84%$522.87
99,200 at 4.85%$523.47
99,200 at 4.86%$524.07
99,200 at 4.87%$524.67
99,200 at 4.88%$525.28
99,200 at 4.89%$525.88
99,200 at 4.9%$526.48
99,200 at 4.91%$527.08
99,200 at 4.92%$527.69
99,200 at 4.93%$528.29
99,200 at 4.94%$528.90
99,200 at 4.95%$529.50
99,200 at 4.96%$530.10
99,200 at 4.97%$530.71
99,200 at 4.98%$531.32
99,200 at 4.99%$531.92
99,200 at 5%$532.53
Interest Rate 30 Year
99,200 at 5.01%$533.13
99,200 at 5.02%$533.74
99,200 at 5.03%$534.35
99,200 at 5.04%$534.95
99,200 at 5.05%$535.56
99,200 at 5.06%$536.17
99,200 at 5.07%$536.78
99,200 at 5.08%$537.39
99,200 at 5.09%$538.00
99,200 at 5.1%$538.61
99,200 at 5.11%$539.22
99,200 at 5.12%$539.83
99,200 at 5.13%$540.44
99,200 at 5.14%$541.05
99,200 at 5.15%$541.66
99,200 at 5.16%$542.27
99,200 at 5.17%$542.88
99,200 at 5.18%$543.49
99,200 at 5.19%$544.11
99,200 at 5.2%$544.72
99,200 at 5.21%$545.33
99,200 at 5.22%$545.94
99,200 at 5.23%$546.56
99,200 at 5.24%$547.17
99,200 at 5.25%$547.79
99,200 at 5.26%$548.40
99,200 at 5.27%$549.02
99,200 at 5.28%$549.63
99,200 at 5.29%$550.25
99,200 at 5.3%$550.86
99,200 at 5.31%$551.48
99,200 at 5.32%$552.09
99,200 at 5.33%$552.71
99,200 at 5.34%$553.33
99,200 at 5.35%$553.95
99,200 at 5.36%$554.56
99,200 at 5.37%$555.18
99,200 at 5.38%$555.80
99,200 at 5.39%$556.42
99,200 at 5.4%$557.04
99,200 at 5.41%$557.66
99,200 at 5.42%$558.28
99,200 at 5.43%$558.90
99,200 at 5.44%$559.52
99,200 at 5.45%$560.14
99,200 at 5.46%$560.76
99,200 at 5.47%$561.38
99,200 at 5.48%$562.00
99,200 at 5.49%$562.62
99,200 at 5.5%$563.25
99,200 at 5.51%$563.87
99,200 at 5.52%$564.49
99,200 at 5.53%$565.12
99,200 at 5.54%$565.74
99,200 at 5.55%$566.36
99,200 at 5.56%$566.99
99,200 at 5.57%$567.61
99,200 at 5.58%$568.24
99,200 at 5.59%$568.86
99,200 at 5.6%$569.49
99,200 at 5.61%$570.11
99,200 at 5.62%$570.74
99,200 at 5.63%$571.36
99,200 at 5.64%$571.99
99,200 at 5.65%$572.62
99,200 at 5.66%$573.25
99,200 at 5.67%$573.87
99,200 at 5.68%$574.50
99,200 at 5.69%$575.13
99,200 at 5.7%$575.76
99,200 at 5.71%$576.39
99,200 at 5.72%$577.02
99,200 at 5.73%$577.64
99,200 at 5.74%$578.27
99,200 at 5.75%$578.90
99,200 at 5.76%$579.53
99,200 at 5.77%$580.17
99,200 at 5.78%$580.80
99,200 at 5.79%$581.43
99,200 at 5.8%$582.06
99,200 at 5.81%$582.69
99,200 at 5.82%$583.32
99,200 at 5.83%$583.96
99,200 at 5.84%$584.59
99,200 at 5.85%$585.22
99,200 at 5.86%$585.85
99,200 at 5.87%$586.49
99,200 at 5.88%$587.12
99,200 at 5.89%$587.76
99,200 at 5.9%$588.39
99,200 at 5.91%$589.03
99,200 at 5.92%$589.66
99,200 at 5.93%$590.30
99,200 at 5.94%$590.93
99,200 at 5.95%$591.57
99,200 at 5.96%$592.21
99,200 at 5.97%$592.84
99,200 at 5.98%$593.48
99,200 at 5.99%$594.12
99,200 at 6%$594.75
99,200 at 6.01%$595.39
99,200 at 6.02%$596.03
99,200 at 6.03%$596.67
99,200 at 6.04%$597.31
99,200 at 6.05%$597.95
99,200 at 6.06%$598.59
99,200 at 6.07%$599.23
99,200 at 6.08%$599.87
99,200 at 6.09%$600.51
99,200 at 6.1%$601.15
99,200 at 6.11%$601.79
99,200 at 6.12%$602.43
99,200 at 6.13%$603.07
99,200 at 6.14%$603.71
99,200 at 6.15%$604.35
99,200 at 6.16%$605.00
99,200 at 6.17%$605.64
99,200 at 6.18%$606.28
99,200 at 6.19%$606.93
99,200 at 6.2%$607.57
99,200 at 6.21%$608.21
99,200 at 6.22%$608.86
99,200 at 6.23%$609.50
99,200 at 6.24%$610.15
99,200 at 6.25%$610.79
99,200 at 6.26%$611.44
99,200 at 6.27%$612.08
99,200 at 6.28%$612.73
99,200 at 6.29%$613.37
99,200 at 6.3%$614.02
99,200 at 6.31%$614.67
99,200 at 6.32%$615.31
99,200 at 6.33%$615.96
99,200 at 6.34%$616.61
99,200 at 6.35%$617.26
99,200 at 6.36%$617.91
99,200 at 6.37%$618.55
99,200 at 6.38%$619.20
99,200 at 6.39%$619.85
99,200 at 6.4%$620.50
99,200 at 6.41%$621.15
99,200 at 6.42%$621.80
99,200 at 6.43%$622.45
99,200 at 6.44%$623.10
99,200 at 6.45%$623.75
99,200 at 6.46%$624.40
99,200 at 6.47%$625.06
99,200 at 6.48%$625.71
99,200 at 6.49%$626.36
99,200 at 6.5%$627.01
Interest Rate 30 Year
99,200 at 6.51%$627.66
99,200 at 6.52%$628.32
99,200 at 6.53%$628.97
99,200 at 6.54%$629.62
99,200 at 6.55%$630.28
99,200 at 6.56%$630.93
99,200 at 6.57%$631.59
99,200 at 6.58%$632.24
99,200 at 6.59%$632.89
99,200 at 6.6%$633.55
99,200 at 6.61%$634.20
99,200 at 6.62%$634.86
99,200 at 6.63%$635.52
99,200 at 6.64%$636.17
99,200 at 6.65%$636.83
99,200 at 6.66%$637.49
99,200 at 6.67%$638.14
99,200 at 6.68%$638.80
99,200 at 6.69%$639.46
99,200 at 6.7%$640.12
99,200 at 6.71%$640.77
99,200 at 6.72%$641.43
99,200 at 6.73%$642.09
99,200 at 6.74%$642.75
99,200 at 6.75%$643.41
99,200 at 6.76%$644.07
99,200 at 6.77%$644.73
99,200 at 6.78%$645.39
99,200 at 6.79%$646.05
99,200 at 6.8%$646.71
99,200 at 6.81%$647.37
99,200 at 6.82%$648.03
99,200 at 6.83%$648.69
99,200 at 6.84%$649.36
99,200 at 6.85%$650.02
99,200 at 6.86%$650.68
99,200 at 6.87%$651.34
99,200 at 6.88%$652.00
99,200 at 6.89%$652.67
99,200 at 6.9%$653.33
99,200 at 6.91%$653.99
99,200 at 6.92%$654.66
99,200 at 6.93%$655.32
99,200 at 6.94%$655.99
99,200 at 6.95%$656.65
99,200 at 6.96%$657.32
99,200 at 6.97%$657.98
99,200 at 6.98%$658.65
99,200 at 6.99%$659.31
99,200 at 7%$659.98
99,200 at 7.01%$660.65
99,200 at 7.02%$661.31
99,200 at 7.03%$661.98
99,200 at 7.04%$662.65
99,200 at 7.05%$663.31
99,200 at 7.06%$663.98
99,200 at 7.07%$664.65
99,200 at 7.08%$665.32
99,200 at 7.09%$665.99
99,200 at 7.1%$666.66
99,200 at 7.11%$667.32
99,200 at 7.12%$667.99
99,200 at 7.13%$668.66
99,200 at 7.14%$669.33
99,200 at 7.15%$670.00
99,200 at 7.16%$670.67
99,200 at 7.17%$671.34
99,200 at 7.18%$672.02
99,200 at 7.19%$672.69
99,200 at 7.2%$673.36
99,200 at 7.21%$674.03
99,200 at 7.22%$674.70
99,200 at 7.23%$675.37
99,200 at 7.24%$676.05
99,200 at 7.25%$676.72
99,200 at 7.26%$677.39
99,200 at 7.27%$678.07
99,200 at 7.28%$678.74
99,200 at 7.29%$679.41
99,200 at 7.3%$680.09
99,200 at 7.31%$680.76
99,200 at 7.32%$681.44
99,200 at 7.33%$682.11
99,200 at 7.34%$682.79
99,200 at 7.35%$683.46
99,200 at 7.36%$684.14
99,200 at 7.37%$684.81
99,200 at 7.38%$685.49
99,200 at 7.39%$686.16
99,200 at 7.4%$686.84
99,200 at 7.41%$687.52
99,200 at 7.42%$688.19
99,200 at 7.43%$688.87
99,200 at 7.44%$689.55
99,200 at 7.45%$690.23
99,200 at 7.46%$690.91
99,200 at 7.47%$691.58
99,200 at 7.48%$692.26
99,200 at 7.49%$692.94
99,200 at 7.5%$693.62
99,200 at 7.51%$694.30
99,200 at 7.52%$694.98
99,200 at 7.53%$695.66
99,200 at 7.54%$696.34
99,200 at 7.55%$697.02
99,200 at 7.56%$697.70
99,200 at 7.57%$698.38
99,200 at 7.58%$699.06
99,200 at 7.59%$699.74
99,200 at 7.6%$700.43
99,200 at 7.61%$701.11
99,200 at 7.62%$701.79
99,200 at 7.63%$702.47
99,200 at 7.64%$703.16
99,200 at 7.65%$703.84
99,200 at 7.66%$704.52
99,200 at 7.67%$705.20
99,200 at 7.68%$705.89
99,200 at 7.69%$706.57
99,200 at 7.7%$707.26
99,200 at 7.71%$707.94
99,200 at 7.72%$708.63
99,200 at 7.73%$709.31
99,200 at 7.74%$710.00
99,200 at 7.75%$710.68
99,200 at 7.76%$711.37
99,200 at 7.77%$712.05
99,200 at 7.78%$712.74
99,200 at 7.79%$713.42
99,200 at 7.8%$714.11
99,200 at 7.81%$714.80
99,200 at 7.82%$715.49
99,200 at 7.83%$716.17
99,200 at 7.84%$716.86
99,200 at 7.85%$717.55
99,200 at 7.86%$718.24
99,200 at 7.87%$718.92
99,200 at 7.88%$719.61
99,200 at 7.89%$720.30
99,200 at 7.9%$720.99
99,200 at 7.91%$721.68
99,200 at 7.92%$722.37
99,200 at 7.93%$723.06
99,200 at 7.94%$723.75
99,200 at 7.95%$724.44
99,200 at 7.96%$725.13
99,200 at 7.97%$725.82
99,200 at 7.98%$726.51
99,200 at 7.99%$727.20
99,200 at 8%$727.89
More Amounts
What is the down payment for a $99,200 house? How much do you need to put down?
Percent Down Down Payment
1%992
2%1,984
3%2,976
4%3,968
5%4,960
6%5,952
7%6,944
8%7,936
9%8,928
10%9,920
11%10,912
12%11,904
13%12,896
14%13,888
15%14,880
16%15,872
17%16,864
18%17,856
19%18,848
20%19,840
Percent Down Down Payment
21%20,832
22%21,824
23%22,816
24%23,808
25%24,800
26%25,792
27%26,784
28%27,776
29%28,768
30%29,760
31%30,752
32%31,744
33%32,736
34%33,728
35%34,720
36%35,712
37%36,704
38%37,696
39%38,688
40%39,680
Percent Down Down Payment
41%40,672
42%41,664
43%42,656
44%43,648
45%44,640
46%45,632
47%46,624
48%47,616
49%48,608
50%49,600
51%50,592
52%51,584
53%52,576
54%53,568
55%54,560
56%55,552
57%56,544
58%57,536
59%58,528
60%59,520
Percent Down Down Payment
61%60,512
62%61,504
63%62,496
64%63,488
65%64,480
66%65,472
67%66,464
68%67,456
69%68,448
70%69,440
71%70,432
72%71,424
73%72,416
74%73,408
75%74,400
76%75,392
77%76,384
78%77,376
79%78,368
80%79,360
Percent Down Down Payment
81%80,352
82%81,344
83%82,336
84%83,328
85%84,320
86%85,312
87%86,304
88%87,296
89%88,288
90%89,280
91%90,272
92%91,264
93%92,256
94%93,248
95%94,240
96%95,232
97%96,224
98%97,216
99%98,208
100%99,200
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.