Monthly payments quoted @ 4.65 APR are higher then current 6.2 APR for the same amount. What's up?

Monthly payment quoted is higher then my current payment by more then $100.  My current rate is 6.2 APR and the quoted rate is 4.65 APR.  The loan amount requested is for what I currently owe.  This makes no sense at all.
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January 28 2009 - Norwalk
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thank you.
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January 29 2009
correction .... call me.. my rates are better too.
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January 29 2009
call me I can help.etter than that too.
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January 29 2009
that too IO payment probably. a lot of them out there.  I have one!
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January 29 2009
escrows? MI? something is missing
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January 29 2009
you must be comparing a P and I payment to a PITI payment. Only compare the principal and interest payment of both loans.  
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January 28 2009
 
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Monthly payments quoted @ 4.65 APR are higher then current 6.2 APR for the same amount. What's up?
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