$99,400 Mortgage for 30 Years

What is the monthly payment of a 99,400 dollar loan?
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Loan Tables for a $99,400 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 $99,400 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
99,400 at 2.01%$367.90
99,400 at 2.02%$368.40
99,400 at 2.03%$368.89
99,400 at 2.04%$369.39
99,400 at 2.05%$369.89
99,400 at 2.06%$370.39
99,400 at 2.07%$370.89
99,400 at 2.08%$371.39
99,400 at 2.09%$371.89
99,400 at 2.1%$372.39
99,400 at 2.11%$372.89
99,400 at 2.12%$373.40
99,400 at 2.13%$373.90
99,400 at 2.14%$374.40
99,400 at 2.15%$374.90
99,400 at 2.16%$375.41
99,400 at 2.17%$375.91
99,400 at 2.18%$376.41
99,400 at 2.19%$376.92
99,400 at 2.2%$377.42
99,400 at 2.21%$377.93
99,400 at 2.22%$378.43
99,400 at 2.23%$378.94
99,400 at 2.24%$379.45
99,400 at 2.25%$379.95
99,400 at 2.26%$380.46
99,400 at 2.27%$380.97
99,400 at 2.28%$381.48
99,400 at 2.29%$381.98
99,400 at 2.3%$382.49
99,400 at 2.31%$383.00
99,400 at 2.32%$383.51
99,400 at 2.33%$384.02
99,400 at 2.34%$384.53
99,400 at 2.35%$385.04
99,400 at 2.36%$385.55
99,400 at 2.37%$386.06
99,400 at 2.38%$386.58
99,400 at 2.39%$387.09
99,400 at 2.4%$387.60
99,400 at 2.41%$388.11
99,400 at 2.42%$388.63
99,400 at 2.43%$389.14
99,400 at 2.44%$389.66
99,400 at 2.45%$390.17
99,400 at 2.46%$390.69
99,400 at 2.47%$391.20
99,400 at 2.48%$391.72
99,400 at 2.49%$392.23
99,400 at 2.5%$392.75
99,400 at 2.51%$393.27
99,400 at 2.52%$393.78
99,400 at 2.53%$394.30
99,400 at 2.54%$394.82
99,400 at 2.55%$395.34
99,400 at 2.56%$395.86
99,400 at 2.57%$396.38
99,400 at 2.58%$396.90
99,400 at 2.59%$397.42
99,400 at 2.6%$397.94
99,400 at 2.61%$398.46
99,400 at 2.62%$398.98
99,400 at 2.63%$399.50
99,400 at 2.64%$400.02
99,400 at 2.65%$400.55
99,400 at 2.66%$401.07
99,400 at 2.67%$401.59
99,400 at 2.68%$402.12
99,400 at 2.69%$402.64
99,400 at 2.7%$403.16
99,400 at 2.71%$403.69
99,400 at 2.72%$404.21
99,400 at 2.73%$404.74
99,400 at 2.74%$405.27
99,400 at 2.75%$405.79
99,400 at 2.76%$406.32
99,400 at 2.77%$406.85
99,400 at 2.78%$407.37
99,400 at 2.79%$407.90
99,400 at 2.8%$408.43
99,400 at 2.81%$408.96
99,400 at 2.82%$409.49
99,400 at 2.83%$410.02
99,400 at 2.84%$410.55
99,400 at 2.85%$411.08
99,400 at 2.86%$411.61
99,400 at 2.87%$412.14
99,400 at 2.88%$412.67
99,400 at 2.89%$413.20
99,400 at 2.9%$413.73
99,400 at 2.91%$414.27
99,400 at 2.92%$414.80
99,400 at 2.93%$415.33
99,400 at 2.94%$415.86
99,400 at 2.95%$416.40
99,400 at 2.96%$416.93
99,400 at 2.97%$417.47
99,400 at 2.98%$418.00
99,400 at 2.99%$418.54
99,400 at 3%$419.07
99,400 at 3.01%$419.61
99,400 at 3.02%$420.15
99,400 at 3.03%$420.68
99,400 at 3.04%$421.22
99,400 at 3.05%$421.76
99,400 at 3.06%$422.30
99,400 at 3.07%$422.84
99,400 at 3.08%$423.38
99,400 at 3.09%$423.91
99,400 at 3.1%$424.45
99,400 at 3.11%$424.99
99,400 at 3.12%$425.53
99,400 at 3.13%$426.08
99,400 at 3.14%$426.62
99,400 at 3.15%$427.16
99,400 at 3.16%$427.70
99,400 at 3.17%$428.24
99,400 at 3.18%$428.79
99,400 at 3.19%$429.33
99,400 at 3.2%$429.87
99,400 at 3.21%$430.42
99,400 at 3.22%$430.96
99,400 at 3.23%$431.50
99,400 at 3.24%$432.05
99,400 at 3.25%$432.60
99,400 at 3.26%$433.14
99,400 at 3.27%$433.69
99,400 at 3.28%$434.23
99,400 at 3.29%$434.78
99,400 at 3.3%$435.33
99,400 at 3.31%$435.88
99,400 at 3.32%$436.42
99,400 at 3.33%$436.97
99,400 at 3.34%$437.52
99,400 at 3.35%$438.07
99,400 at 3.36%$438.62
99,400 at 3.37%$439.17
99,400 at 3.38%$439.72
99,400 at 3.39%$440.27
99,400 at 3.4%$440.82
99,400 at 3.41%$441.37
99,400 at 3.42%$441.92
99,400 at 3.43%$442.48
99,400 at 3.44%$443.03
99,400 at 3.45%$443.58
99,400 at 3.46%$444.13
99,400 at 3.47%$444.69
99,400 at 3.48%$445.24
99,400 at 3.49%$445.80
99,400 at 3.5%$446.35
Interest Rate 30 Year
99,400 at 3.51%$446.91
99,400 at 3.52%$447.46
99,400 at 3.53%$448.02
99,400 at 3.54%$448.57
99,400 at 3.55%$449.13
99,400 at 3.56%$449.69
99,400 at 3.57%$450.24
99,400 at 3.58%$450.80
99,400 at 3.59%$451.36
99,400 at 3.6%$451.92
99,400 at 3.61%$452.48
99,400 at 3.62%$453.04
99,400 at 3.63%$453.59
99,400 at 3.64%$454.15
99,400 at 3.65%$454.71
99,400 at 3.66%$455.28
99,400 at 3.67%$455.84
99,400 at 3.68%$456.40
99,400 at 3.69%$456.96
99,400 at 3.7%$457.52
99,400 at 3.71%$458.08
99,400 at 3.72%$458.65
99,400 at 3.73%$459.21
99,400 at 3.74%$459.77
99,400 at 3.75%$460.34
99,400 at 3.76%$460.90
99,400 at 3.77%$461.47
99,400 at 3.78%$462.03
99,400 at 3.79%$462.60
99,400 at 3.8%$463.16
99,400 at 3.81%$463.73
99,400 at 3.82%$464.29
99,400 at 3.83%$464.86
99,400 at 3.84%$465.43
99,400 at 3.85%$466.00
99,400 at 3.86%$466.56
99,400 at 3.87%$467.13
99,400 at 3.88%$467.70
99,400 at 3.89%$468.27
99,400 at 3.9%$468.84
99,400 at 3.91%$469.41
99,400 at 3.92%$469.98
99,400 at 3.93%$470.55
99,400 at 3.94%$471.12
99,400 at 3.95%$471.69
99,400 at 3.96%$472.26
99,400 at 3.97%$472.83
99,400 at 3.98%$473.41
99,400 at 3.99%$473.98
99,400 at 4%$474.55
99,400 at 4.01%$475.12
99,400 at 4.02%$475.70
99,400 at 4.03%$476.27
99,400 at 4.04%$476.85
99,400 at 4.05%$477.42
99,400 at 4.06%$478.00
99,400 at 4.07%$478.57
99,400 at 4.08%$479.15
99,400 at 4.09%$479.72
99,400 at 4.1%$480.30
99,400 at 4.11%$480.88
99,400 at 4.12%$481.45
99,400 at 4.13%$482.03
99,400 at 4.14%$482.61
99,400 at 4.15%$483.19
99,400 at 4.16%$483.77
99,400 at 4.17%$484.34
99,400 at 4.18%$484.92
99,400 at 4.19%$485.50
99,400 at 4.2%$486.08
99,400 at 4.21%$486.66
99,400 at 4.22%$487.24
99,400 at 4.23%$487.83
99,400 at 4.24%$488.41
99,400 at 4.25%$488.99
99,400 at 4.26%$489.57
99,400 at 4.27%$490.15
99,400 at 4.28%$490.74
99,400 at 4.29%$491.32
99,400 at 4.3%$491.90
99,400 at 4.31%$492.49
99,400 at 4.32%$493.07
99,400 at 4.33%$493.65
99,400 at 4.34%$494.24
99,400 at 4.35%$494.82
99,400 at 4.36%$495.41
99,400 at 4.37%$496.00
99,400 at 4.38%$496.58
99,400 at 4.39%$497.17
99,400 at 4.4%$497.76
99,400 at 4.41%$498.34
99,400 at 4.42%$498.93
99,400 at 4.43%$499.52
99,400 at 4.44%$500.11
99,400 at 4.45%$500.70
99,400 at 4.46%$501.29
99,400 at 4.47%$501.87
99,400 at 4.48%$502.46
99,400 at 4.49%$503.05
99,400 at 4.5%$503.65
99,400 at 4.51%$504.24
99,400 at 4.52%$504.83
99,400 at 4.53%$505.42
99,400 at 4.54%$506.01
99,400 at 4.55%$506.60
99,400 at 4.56%$507.20
99,400 at 4.57%$507.79
99,400 at 4.58%$508.38
99,400 at 4.59%$508.97
99,400 at 4.6%$509.57
99,400 at 4.61%$510.16
99,400 at 4.62%$510.76
99,400 at 4.63%$511.35
99,400 at 4.64%$511.95
99,400 at 4.65%$512.54
99,400 at 4.66%$513.14
99,400 at 4.67%$513.74
99,400 at 4.68%$514.33
99,400 at 4.69%$514.93
99,400 at 4.7%$515.53
99,400 at 4.71%$516.12
99,400 at 4.72%$516.72
99,400 at 4.73%$517.32
99,400 at 4.74%$517.92
99,400 at 4.75%$518.52
99,400 at 4.76%$519.12
99,400 at 4.77%$519.72
99,400 at 4.78%$520.32
99,400 at 4.79%$520.92
99,400 at 4.8%$521.52
99,400 at 4.81%$522.12
99,400 at 4.82%$522.72
99,400 at 4.83%$523.32
99,400 at 4.84%$523.92
99,400 at 4.85%$524.53
99,400 at 4.86%$525.13
99,400 at 4.87%$525.73
99,400 at 4.88%$526.33
99,400 at 4.89%$526.94
99,400 at 4.9%$527.54
99,400 at 4.91%$528.15
99,400 at 4.92%$528.75
99,400 at 4.93%$529.36
99,400 at 4.94%$529.96
99,400 at 4.95%$530.57
99,400 at 4.96%$531.17
99,400 at 4.97%$531.78
99,400 at 4.98%$532.39
99,400 at 4.99%$532.99
99,400 at 5%$533.60
Interest Rate 30 Year
99,400 at 5.01%$534.21
99,400 at 5.02%$534.82
99,400 at 5.03%$535.42
99,400 at 5.04%$536.03
99,400 at 5.05%$536.64
99,400 at 5.06%$537.25
99,400 at 5.07%$537.86
99,400 at 5.08%$538.47
99,400 at 5.09%$539.08
99,400 at 5.1%$539.69
99,400 at 5.11%$540.30
99,400 at 5.12%$540.91
99,400 at 5.13%$541.53
99,400 at 5.14%$542.14
99,400 at 5.15%$542.75
99,400 at 5.16%$543.36
99,400 at 5.17%$543.98
99,400 at 5.18%$544.59
99,400 at 5.19%$545.20
99,400 at 5.2%$545.82
99,400 at 5.21%$546.43
99,400 at 5.22%$547.04
99,400 at 5.23%$547.66
99,400 at 5.24%$548.27
99,400 at 5.25%$548.89
99,400 at 5.26%$549.51
99,400 at 5.27%$550.12
99,400 at 5.28%$550.74
99,400 at 5.29%$551.36
99,400 at 5.3%$551.97
99,400 at 5.31%$552.59
99,400 at 5.32%$553.21
99,400 at 5.33%$553.83
99,400 at 5.34%$554.44
99,400 at 5.35%$555.06
99,400 at 5.36%$555.68
99,400 at 5.37%$556.30
99,400 at 5.38%$556.92
99,400 at 5.39%$557.54
99,400 at 5.4%$558.16
99,400 at 5.41%$558.78
99,400 at 5.42%$559.40
99,400 at 5.43%$560.02
99,400 at 5.44%$560.65
99,400 at 5.45%$561.27
99,400 at 5.46%$561.89
99,400 at 5.47%$562.51
99,400 at 5.48%$563.14
99,400 at 5.49%$563.76
99,400 at 5.5%$564.38
99,400 at 5.51%$565.01
99,400 at 5.52%$565.63
99,400 at 5.53%$566.25
99,400 at 5.54%$566.88
99,400 at 5.55%$567.50
99,400 at 5.56%$568.13
99,400 at 5.57%$568.76
99,400 at 5.58%$569.38
99,400 at 5.59%$570.01
99,400 at 5.6%$570.63
99,400 at 5.61%$571.26
99,400 at 5.62%$571.89
99,400 at 5.63%$572.52
99,400 at 5.64%$573.14
99,400 at 5.65%$573.77
99,400 at 5.66%$574.40
99,400 at 5.67%$575.03
99,400 at 5.68%$575.66
99,400 at 5.69%$576.29
99,400 at 5.7%$576.92
99,400 at 5.71%$577.55
99,400 at 5.72%$578.18
99,400 at 5.73%$578.81
99,400 at 5.74%$579.44
99,400 at 5.75%$580.07
99,400 at 5.76%$580.70
99,400 at 5.77%$581.33
99,400 at 5.78%$581.97
99,400 at 5.79%$582.60
99,400 at 5.8%$583.23
99,400 at 5.81%$583.87
99,400 at 5.82%$584.50
99,400 at 5.83%$585.13
99,400 at 5.84%$585.77
99,400 at 5.85%$586.40
99,400 at 5.86%$587.04
99,400 at 5.87%$587.67
99,400 at 5.88%$588.31
99,400 at 5.89%$588.94
99,400 at 5.9%$589.58
99,400 at 5.91%$590.21
99,400 at 5.92%$590.85
99,400 at 5.93%$591.49
99,400 at 5.94%$592.12
99,400 at 5.95%$592.76
99,400 at 5.96%$593.40
99,400 at 5.97%$594.04
99,400 at 5.98%$594.68
99,400 at 5.99%$595.31
99,400 at 6%$595.95
99,400 at 6.01%$596.59
99,400 at 6.02%$597.23
99,400 at 6.03%$597.87
99,400 at 6.04%$598.51
99,400 at 6.05%$599.15
99,400 at 6.06%$599.79
99,400 at 6.07%$600.43
99,400 at 6.08%$601.08
99,400 at 6.09%$601.72
99,400 at 6.1%$602.36
99,400 at 6.11%$603.00
99,400 at 6.12%$603.64
99,400 at 6.13%$604.29
99,400 at 6.14%$604.93
99,400 at 6.15%$605.57
99,400 at 6.16%$606.22
99,400 at 6.17%$606.86
99,400 at 6.18%$607.50
99,400 at 6.19%$608.15
99,400 at 6.2%$608.79
99,400 at 6.21%$609.44
99,400 at 6.22%$610.08
99,400 at 6.23%$610.73
99,400 at 6.24%$611.38
99,400 at 6.25%$612.02
99,400 at 6.26%$612.67
99,400 at 6.27%$613.32
99,400 at 6.28%$613.96
99,400 at 6.29%$614.61
99,400 at 6.3%$615.26
99,400 at 6.31%$615.91
99,400 at 6.32%$616.56
99,400 at 6.33%$617.20
99,400 at 6.34%$617.85
99,400 at 6.35%$618.50
99,400 at 6.36%$619.15
99,400 at 6.37%$619.80
99,400 at 6.38%$620.45
99,400 at 6.39%$621.10
99,400 at 6.4%$621.75
99,400 at 6.41%$622.40
99,400 at 6.42%$623.06
99,400 at 6.43%$623.71
99,400 at 6.44%$624.36
99,400 at 6.45%$625.01
99,400 at 6.46%$625.66
99,400 at 6.47%$626.32
99,400 at 6.48%$626.97
99,400 at 6.49%$627.62
99,400 at 6.5%$628.28
Interest Rate 30 Year
99,400 at 6.51%$628.93
99,400 at 6.52%$629.58
99,400 at 6.53%$630.24
99,400 at 6.54%$630.89
99,400 at 6.55%$631.55
99,400 at 6.56%$632.20
99,400 at 6.57%$632.86
99,400 at 6.58%$633.51
99,400 at 6.59%$634.17
99,400 at 6.6%$634.83
99,400 at 6.61%$635.48
99,400 at 6.62%$636.14
99,400 at 6.63%$636.80
99,400 at 6.64%$637.46
99,400 at 6.65%$638.11
99,400 at 6.66%$638.77
99,400 at 6.67%$639.43
99,400 at 6.68%$640.09
99,400 at 6.69%$640.75
99,400 at 6.7%$641.41
99,400 at 6.71%$642.07
99,400 at 6.72%$642.73
99,400 at 6.73%$643.39
99,400 at 6.74%$644.05
99,400 at 6.75%$644.71
99,400 at 6.76%$645.37
99,400 at 6.77%$646.03
99,400 at 6.78%$646.69
99,400 at 6.79%$647.35
99,400 at 6.8%$648.01
99,400 at 6.81%$648.68
99,400 at 6.82%$649.34
99,400 at 6.83%$650.00
99,400 at 6.84%$650.66
99,400 at 6.85%$651.33
99,400 at 6.86%$651.99
99,400 at 6.87%$652.66
99,400 at 6.88%$653.32
99,400 at 6.89%$653.98
99,400 at 6.9%$654.65
99,400 at 6.91%$655.31
99,400 at 6.92%$655.98
99,400 at 6.93%$656.64
99,400 at 6.94%$657.31
99,400 at 6.95%$657.98
99,400 at 6.96%$658.64
99,400 at 6.97%$659.31
99,400 at 6.98%$659.98
99,400 at 6.99%$660.64
99,400 at 7%$661.31
99,400 at 7.01%$661.98
99,400 at 7.02%$662.65
99,400 at 7.03%$663.31
99,400 at 7.04%$663.98
99,400 at 7.05%$664.65
99,400 at 7.06%$665.32
99,400 at 7.07%$665.99
99,400 at 7.08%$666.66
99,400 at 7.09%$667.33
99,400 at 7.1%$668.00
99,400 at 7.11%$668.67
99,400 at 7.12%$669.34
99,400 at 7.13%$670.01
99,400 at 7.14%$670.68
99,400 at 7.15%$671.35
99,400 at 7.16%$672.03
99,400 at 7.17%$672.70
99,400 at 7.18%$673.37
99,400 at 7.19%$674.04
99,400 at 7.2%$674.72
99,400 at 7.21%$675.39
99,400 at 7.22%$676.06
99,400 at 7.23%$676.74
99,400 at 7.24%$677.41
99,400 at 7.25%$678.08
99,400 at 7.26%$678.76
99,400 at 7.27%$679.43
99,400 at 7.28%$680.11
99,400 at 7.29%$680.78
99,400 at 7.3%$681.46
99,400 at 7.31%$682.13
99,400 at 7.32%$682.81
99,400 at 7.33%$683.49
99,400 at 7.34%$684.16
99,400 at 7.35%$684.84
99,400 at 7.36%$685.52
99,400 at 7.37%$686.19
99,400 at 7.38%$686.87
99,400 at 7.39%$687.55
99,400 at 7.4%$688.23
99,400 at 7.41%$688.90
99,400 at 7.42%$689.58
99,400 at 7.43%$690.26
99,400 at 7.44%$690.94
99,400 at 7.45%$691.62
99,400 at 7.46%$692.30
99,400 at 7.47%$692.98
99,400 at 7.48%$693.66
99,400 at 7.49%$694.34
99,400 at 7.5%$695.02
99,400 at 7.51%$695.70
99,400 at 7.52%$696.38
99,400 at 7.53%$697.06
99,400 at 7.54%$697.74
99,400 at 7.55%$698.43
99,400 at 7.56%$699.11
99,400 at 7.57%$699.79
99,400 at 7.58%$700.47
99,400 at 7.59%$701.16
99,400 at 7.6%$701.84
99,400 at 7.61%$702.52
99,400 at 7.62%$703.21
99,400 at 7.63%$703.89
99,400 at 7.64%$704.57
99,400 at 7.65%$705.26
99,400 at 7.66%$705.94
99,400 at 7.67%$706.63
99,400 at 7.68%$707.31
99,400 at 7.69%$708.00
99,400 at 7.7%$708.68
99,400 at 7.71%$709.37
99,400 at 7.72%$710.05
99,400 at 7.73%$710.74
99,400 at 7.74%$711.43
99,400 at 7.75%$712.11
99,400 at 7.76%$712.80
99,400 at 7.77%$713.49
99,400 at 7.78%$714.18
99,400 at 7.79%$714.86
99,400 at 7.8%$715.55
99,400 at 7.81%$716.24
99,400 at 7.82%$716.93
99,400 at 7.83%$717.62
99,400 at 7.84%$718.31
99,400 at 7.85%$718.99
99,400 at 7.86%$719.68
99,400 at 7.87%$720.37
99,400 at 7.88%$721.06
99,400 at 7.89%$721.75
99,400 at 7.9%$722.44
99,400 at 7.91%$723.14
99,400 at 7.92%$723.83
99,400 at 7.93%$724.52
99,400 at 7.94%$725.21
99,400 at 7.95%$725.90
99,400 at 7.96%$726.59
99,400 at 7.97%$727.28
99,400 at 7.98%$727.98
99,400 at 7.99%$728.67
99,400 at 8%$729.36
More Amounts
What is the down payment for a $99,400 house? How much do you need to put down?
Percent Down Down Payment
1%994
2%1,988
3%2,982
4%3,976
5%4,970
6%5,964
7%6,958
8%7,952
9%8,946
10%9,940
11%10,934
12%11,928
13%12,922
14%13,916
15%14,910
16%15,904
17%16,898
18%17,892
19%18,886
20%19,880
Percent Down Down Payment
21%20,874
22%21,868
23%22,862
24%23,856
25%24,850
26%25,844
27%26,838
28%27,832
29%28,826
30%29,820
31%30,814
32%31,808
33%32,802
34%33,796
35%34,790
36%35,784
37%36,778
38%37,772
39%38,766
40%39,760
Percent Down Down Payment
41%40,754
42%41,748
43%42,742
44%43,736
45%44,730
46%45,724
47%46,718
48%47,712
49%48,706
50%49,700
51%50,694
52%51,688
53%52,682
54%53,676
55%54,670
56%55,664
57%56,658
58%57,652
59%58,646
60%59,640
Percent Down Down Payment
61%60,634
62%61,628
63%62,622
64%63,616
65%64,610
66%65,604
67%66,598
68%67,592
69%68,586
70%69,580
71%70,574
72%71,568
73%72,562
74%73,556
75%74,550
76%75,544
77%76,538
78%77,532
79%78,526
80%79,520
Percent Down Down Payment
81%80,514
82%81,508
83%82,502
84%83,496
85%84,490
86%85,484
87%86,478
88%87,472
89%88,466
90%89,460
91%90,454
92%91,448
93%92,442
94%93,436
95%94,430
96%95,424
97%96,418
98%97,412
99%98,406
100%99,400
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.