$129,450 Mortgage for 30 Years

What is the monthly payment of a 129,450 dollar loan?
$
$
%
%
years
Loan Tables for a $129,450 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 129k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $129,450 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
129,450 at 2.01%$479.12
129,450 at 2.02%$479.77
129,450 at 2.03%$480.42
129,450 at 2.04%$481.07
129,450 at 2.05%$481.72
129,450 at 2.06%$482.37
129,450 at 2.07%$483.02
129,450 at 2.08%$483.67
129,450 at 2.09%$484.32
129,450 at 2.1%$484.97
129,450 at 2.11%$485.62
129,450 at 2.12%$486.28
129,450 at 2.13%$486.93
129,450 at 2.14%$487.59
129,450 at 2.15%$488.24
129,450 at 2.16%$488.90
129,450 at 2.17%$489.55
129,450 at 2.18%$490.21
129,450 at 2.19%$490.87
129,450 at 2.2%$491.52
129,450 at 2.21%$492.18
129,450 at 2.22%$492.84
129,450 at 2.23%$493.50
129,450 at 2.24%$494.16
129,450 at 2.25%$494.82
129,450 at 2.26%$495.48
129,450 at 2.27%$496.14
129,450 at 2.28%$496.80
129,450 at 2.29%$497.46
129,450 at 2.3%$498.13
129,450 at 2.31%$498.79
129,450 at 2.32%$499.45
129,450 at 2.33%$500.12
129,450 at 2.34%$500.78
129,450 at 2.35%$501.45
129,450 at 2.36%$502.11
129,450 at 2.37%$502.78
129,450 at 2.38%$503.44
129,450 at 2.39%$504.11
129,450 at 2.4%$504.78
129,450 at 2.41%$505.45
129,450 at 2.42%$506.12
129,450 at 2.43%$506.79
129,450 at 2.44%$507.45
129,450 at 2.45%$508.13
129,450 at 2.46%$508.80
129,450 at 2.47%$509.47
129,450 at 2.48%$510.14
129,450 at 2.49%$510.81
129,450 at 2.5%$511.48
129,450 at 2.51%$512.16
129,450 at 2.52%$512.83
129,450 at 2.53%$513.51
129,450 at 2.54%$514.18
129,450 at 2.55%$514.86
129,450 at 2.56%$515.53
129,450 at 2.57%$516.21
129,450 at 2.58%$516.88
129,450 at 2.59%$517.56
129,450 at 2.6%$518.24
129,450 at 2.61%$518.92
129,450 at 2.62%$519.60
129,450 at 2.63%$520.28
129,450 at 2.64%$520.96
129,450 at 2.65%$521.64
129,450 at 2.66%$522.32
129,450 at 2.67%$523.00
129,450 at 2.68%$523.68
129,450 at 2.69%$524.36
129,450 at 2.7%$525.05
129,450 at 2.71%$525.73
129,450 at 2.72%$526.41
129,450 at 2.73%$527.10
129,450 at 2.74%$527.78
129,450 at 2.75%$528.47
129,450 at 2.76%$529.15
129,450 at 2.77%$529.84
129,450 at 2.78%$530.53
129,450 at 2.79%$531.21
129,450 at 2.8%$531.90
129,450 at 2.81%$532.59
129,450 at 2.82%$533.28
129,450 at 2.83%$533.97
129,450 at 2.84%$534.66
129,450 at 2.85%$535.35
129,450 at 2.86%$536.04
129,450 at 2.87%$536.73
129,450 at 2.88%$537.42
129,450 at 2.89%$538.12
129,450 at 2.9%$538.81
129,450 at 2.91%$539.50
129,450 at 2.92%$540.20
129,450 at 2.93%$540.89
129,450 at 2.94%$541.59
129,450 at 2.95%$542.28
129,450 at 2.96%$542.98
129,450 at 2.97%$543.67
129,450 at 2.98%$544.37
129,450 at 2.99%$545.07
129,450 at 3%$545.77
129,450 at 3.01%$546.46
129,450 at 3.02%$547.16
129,450 at 3.03%$547.86
129,450 at 3.04%$548.56
129,450 at 3.05%$549.26
129,450 at 3.06%$549.96
129,450 at 3.07%$550.67
129,450 at 3.08%$551.37
129,450 at 3.09%$552.07
129,450 at 3.1%$552.77
129,450 at 3.11%$553.48
129,450 at 3.12%$554.18
129,450 at 3.13%$554.88
129,450 at 3.14%$555.59
129,450 at 3.15%$556.29
129,450 at 3.16%$557.00
129,450 at 3.17%$557.71
129,450 at 3.18%$558.41
129,450 at 3.19%$559.12
129,450 at 3.2%$559.83
129,450 at 3.21%$560.54
129,450 at 3.22%$561.25
129,450 at 3.23%$561.95
129,450 at 3.24%$562.66
129,450 at 3.25%$563.37
129,450 at 3.26%$564.09
129,450 at 3.27%$564.80
129,450 at 3.28%$565.51
129,450 at 3.29%$566.22
129,450 at 3.3%$566.93
129,450 at 3.31%$567.65
129,450 at 3.32%$568.36
129,450 at 3.33%$569.07
129,450 at 3.34%$569.79
129,450 at 3.35%$570.50
129,450 at 3.36%$571.22
129,450 at 3.37%$571.94
129,450 at 3.38%$572.65
129,450 at 3.39%$573.37
129,450 at 3.4%$574.09
129,450 at 3.41%$574.80
129,450 at 3.42%$575.52
129,450 at 3.43%$576.24
129,450 at 3.44%$576.96
129,450 at 3.45%$577.68
129,450 at 3.46%$578.40
129,450 at 3.47%$579.12
129,450 at 3.48%$579.84
129,450 at 3.49%$580.57
129,450 at 3.5%$581.29
Interest Rate 30 Year
129,450 at 3.51%$582.01
129,450 at 3.52%$582.73
129,450 at 3.53%$583.46
129,450 at 3.54%$584.18
129,450 at 3.55%$584.91
129,450 at 3.56%$585.63
129,450 at 3.57%$586.36
129,450 at 3.58%$587.08
129,450 at 3.59%$587.81
129,450 at 3.6%$588.54
129,450 at 3.61%$589.27
129,450 at 3.62%$589.99
129,450 at 3.63%$590.72
129,450 at 3.64%$591.45
129,450 at 3.65%$592.18
129,450 at 3.66%$592.91
129,450 at 3.67%$593.64
129,450 at 3.68%$594.37
129,450 at 3.69%$595.10
129,450 at 3.7%$595.84
129,450 at 3.71%$596.57
129,450 at 3.72%$597.30
129,450 at 3.73%$598.03
129,450 at 3.74%$598.77
129,450 at 3.75%$599.50
129,450 at 3.76%$600.24
129,450 at 3.77%$600.97
129,450 at 3.78%$601.71
129,450 at 3.79%$602.45
129,450 at 3.8%$603.18
129,450 at 3.81%$603.92
129,450 at 3.82%$604.66
129,450 at 3.83%$605.39
129,450 at 3.84%$606.13
129,450 at 3.85%$606.87
129,450 at 3.86%$607.61
129,450 at 3.87%$608.35
129,450 at 3.88%$609.09
129,450 at 3.89%$609.83
129,450 at 3.9%$610.57
129,450 at 3.91%$611.32
129,450 at 3.92%$612.06
129,450 at 3.93%$612.80
129,450 at 3.94%$613.54
129,450 at 3.95%$614.29
129,450 at 3.96%$615.03
129,450 at 3.97%$615.78
129,450 at 3.98%$616.52
129,450 at 3.99%$617.27
129,450 at 4%$618.01
129,450 at 4.01%$618.76
129,450 at 4.02%$619.51
129,450 at 4.03%$620.26
129,450 at 4.04%$621.00
129,450 at 4.05%$621.75
129,450 at 4.06%$622.50
129,450 at 4.07%$623.25
129,450 at 4.08%$624.00
129,450 at 4.09%$624.75
129,450 at 4.1%$625.50
129,450 at 4.11%$626.25
129,450 at 4.12%$627.00
129,450 at 4.13%$627.76
129,450 at 4.14%$628.51
129,450 at 4.15%$629.26
129,450 at 4.16%$630.01
129,450 at 4.17%$630.77
129,450 at 4.18%$631.52
129,450 at 4.19%$632.28
129,450 at 4.2%$633.03
129,450 at 4.21%$633.79
129,450 at 4.22%$634.54
129,450 at 4.23%$635.30
129,450 at 4.24%$636.06
129,450 at 4.25%$636.82
129,450 at 4.26%$637.57
129,450 at 4.27%$638.33
129,450 at 4.28%$639.09
129,450 at 4.29%$639.85
129,450 at 4.3%$640.61
129,450 at 4.31%$641.37
129,450 at 4.32%$642.13
129,450 at 4.33%$642.89
129,450 at 4.34%$643.66
129,450 at 4.35%$644.42
129,450 at 4.36%$645.18
129,450 at 4.37%$645.94
129,450 at 4.38%$646.71
129,450 at 4.39%$647.47
129,450 at 4.4%$648.23
129,450 at 4.41%$649.00
129,450 at 4.42%$649.77
129,450 at 4.43%$650.53
129,450 at 4.44%$651.30
129,450 at 4.45%$652.06
129,450 at 4.46%$652.83
129,450 at 4.47%$653.60
129,450 at 4.48%$654.37
129,450 at 4.49%$655.14
129,450 at 4.5%$655.90
129,450 at 4.51%$656.67
129,450 at 4.52%$657.44
129,450 at 4.53%$658.21
129,450 at 4.54%$658.98
129,450 at 4.55%$659.76
129,450 at 4.56%$660.53
129,450 at 4.57%$661.30
129,450 at 4.58%$662.07
129,450 at 4.59%$662.84
129,450 at 4.6%$663.62
129,450 at 4.61%$664.39
129,450 at 4.62%$665.17
129,450 at 4.63%$665.94
129,450 at 4.64%$666.72
129,450 at 4.65%$667.49
129,450 at 4.66%$668.27
129,450 at 4.67%$669.04
129,450 at 4.68%$669.82
129,450 at 4.69%$670.60
129,450 at 4.7%$671.38
129,450 at 4.71%$672.15
129,450 at 4.72%$672.93
129,450 at 4.73%$673.71
129,450 at 4.74%$674.49
129,450 at 4.75%$675.27
129,450 at 4.76%$676.05
129,450 at 4.77%$676.83
129,450 at 4.78%$677.62
129,450 at 4.79%$678.40
129,450 at 4.8%$679.18
129,450 at 4.81%$679.96
129,450 at 4.82%$680.75
129,450 at 4.83%$681.53
129,450 at 4.84%$682.31
129,450 at 4.85%$683.10
129,450 at 4.86%$683.88
129,450 at 4.87%$684.67
129,450 at 4.88%$685.45
129,450 at 4.89%$686.24
129,450 at 4.9%$687.03
129,450 at 4.91%$687.81
129,450 at 4.92%$688.60
129,450 at 4.93%$689.39
129,450 at 4.94%$690.18
129,450 at 4.95%$690.97
129,450 at 4.96%$691.75
129,450 at 4.97%$692.54
129,450 at 4.98%$693.33
129,450 at 4.99%$694.12
129,450 at 5%$694.92
Interest Rate 30 Year
129,450 at 5.01%$695.71
129,450 at 5.02%$696.50
129,450 at 5.03%$697.29
129,450 at 5.04%$698.08
129,450 at 5.05%$698.88
129,450 at 5.06%$699.67
129,450 at 5.07%$700.46
129,450 at 5.08%$701.26
129,450 at 5.09%$702.05
129,450 at 5.1%$702.85
129,450 at 5.11%$703.64
129,450 at 5.12%$704.44
129,450 at 5.13%$705.24
129,450 at 5.14%$706.03
129,450 at 5.15%$706.83
129,450 at 5.16%$707.63
129,450 at 5.17%$708.43
129,450 at 5.18%$709.23
129,450 at 5.19%$710.02
129,450 at 5.2%$710.82
129,450 at 5.21%$711.62
129,450 at 5.22%$712.42
129,450 at 5.23%$713.22
129,450 at 5.24%$714.03
129,450 at 5.25%$714.83
129,450 at 5.26%$715.63
129,450 at 5.27%$716.43
129,450 at 5.28%$717.23
129,450 at 5.29%$718.04
129,450 at 5.3%$718.84
129,450 at 5.31%$719.65
129,450 at 5.32%$720.45
129,450 at 5.33%$721.26
129,450 at 5.34%$722.06
129,450 at 5.35%$722.87
129,450 at 5.36%$723.67
129,450 at 5.37%$724.48
129,450 at 5.38%$725.29
129,450 at 5.39%$726.09
129,450 at 5.4%$726.90
129,450 at 5.41%$727.71
129,450 at 5.42%$728.52
129,450 at 5.43%$729.33
129,450 at 5.44%$730.14
129,450 at 5.45%$730.95
129,450 at 5.46%$731.76
129,450 at 5.47%$732.57
129,450 at 5.48%$733.38
129,450 at 5.49%$734.19
129,450 at 5.5%$735.00
129,450 at 5.51%$735.82
129,450 at 5.52%$736.63
129,450 at 5.53%$737.44
129,450 at 5.54%$738.25
129,450 at 5.55%$739.07
129,450 at 5.56%$739.88
129,450 at 5.57%$740.70
129,450 at 5.58%$741.51
129,450 at 5.59%$742.33
129,450 at 5.6%$743.15
129,450 at 5.61%$743.96
129,450 at 5.62%$744.78
129,450 at 5.63%$745.60
129,450 at 5.64%$746.41
129,450 at 5.65%$747.23
129,450 at 5.66%$748.05
129,450 at 5.67%$748.87
129,450 at 5.68%$749.69
129,450 at 5.69%$750.51
129,450 at 5.7%$751.33
129,450 at 5.71%$752.15
129,450 at 5.72%$752.97
129,450 at 5.73%$753.79
129,450 at 5.74%$754.61
129,450 at 5.75%$755.44
129,450 at 5.76%$756.26
129,450 at 5.77%$757.08
129,450 at 5.78%$757.90
129,450 at 5.79%$758.73
129,450 at 5.8%$759.55
129,450 at 5.81%$760.38
129,450 at 5.82%$761.20
129,450 at 5.83%$762.03
129,450 at 5.84%$762.85
129,450 at 5.85%$763.68
129,450 at 5.86%$764.51
129,450 at 5.87%$765.33
129,450 at 5.88%$766.16
129,450 at 5.89%$766.99
129,450 at 5.9%$767.82
129,450 at 5.91%$768.64
129,450 at 5.92%$769.47
129,450 at 5.93%$770.30
129,450 at 5.94%$771.13
129,450 at 5.95%$771.96
129,450 at 5.96%$772.79
129,450 at 5.97%$773.62
129,450 at 5.98%$774.45
129,450 at 5.99%$775.29
129,450 at 6%$776.12
129,450 at 6.01%$776.95
129,450 at 6.02%$777.78
129,450 at 6.03%$778.62
129,450 at 6.04%$779.45
129,450 at 6.05%$780.28
129,450 at 6.06%$781.12
129,450 at 6.07%$781.95
129,450 at 6.08%$782.79
129,450 at 6.09%$783.62
129,450 at 6.1%$784.46
129,450 at 6.11%$785.30
129,450 at 6.12%$786.13
129,450 at 6.13%$786.97
129,450 at 6.14%$787.81
129,450 at 6.15%$788.65
129,450 at 6.16%$789.48
129,450 at 6.17%$790.32
129,450 at 6.18%$791.16
129,450 at 6.19%$792.00
129,450 at 6.2%$792.84
129,450 at 6.21%$793.68
129,450 at 6.22%$794.52
129,450 at 6.23%$795.36
129,450 at 6.24%$796.20
129,450 at 6.25%$797.05
129,450 at 6.26%$797.89
129,450 at 6.27%$798.73
129,450 at 6.28%$799.57
129,450 at 6.29%$800.42
129,450 at 6.3%$801.26
129,450 at 6.31%$802.10
129,450 at 6.32%$802.95
129,450 at 6.33%$803.79
129,450 at 6.34%$804.64
129,450 at 6.35%$805.48
129,450 at 6.36%$806.33
129,450 at 6.37%$807.18
129,450 at 6.38%$808.02
129,450 at 6.39%$808.87
129,450 at 6.4%$809.72
129,450 at 6.41%$810.57
129,450 at 6.42%$811.41
129,450 at 6.43%$812.26
129,450 at 6.44%$813.11
129,450 at 6.45%$813.96
129,450 at 6.46%$814.81
129,450 at 6.47%$815.66
129,450 at 6.48%$816.51
129,450 at 6.49%$817.36
129,450 at 6.5%$818.21
Interest Rate 30 Year
129,450 at 6.51%$819.06
129,450 at 6.52%$819.92
129,450 at 6.53%$820.77
129,450 at 6.54%$821.62
129,450 at 6.55%$822.47
129,450 at 6.56%$823.33
129,450 at 6.57%$824.18
129,450 at 6.58%$825.03
129,450 at 6.59%$825.89
129,450 at 6.6%$826.74
129,450 at 6.61%$827.60
129,450 at 6.62%$828.45
129,450 at 6.63%$829.31
129,450 at 6.64%$830.17
129,450 at 6.65%$831.02
129,450 at 6.66%$831.88
129,450 at 6.67%$832.74
129,450 at 6.68%$833.60
129,450 at 6.69%$834.45
129,450 at 6.7%$835.31
129,450 at 6.71%$836.17
129,450 at 6.72%$837.03
129,450 at 6.73%$837.89
129,450 at 6.74%$838.75
129,450 at 6.75%$839.61
129,450 at 6.76%$840.47
129,450 at 6.77%$841.33
129,450 at 6.78%$842.19
129,450 at 6.79%$843.06
129,450 at 6.8%$843.92
129,450 at 6.81%$844.78
129,450 at 6.82%$845.64
129,450 at 6.83%$846.51
129,450 at 6.84%$847.37
129,450 at 6.85%$848.23
129,450 at 6.86%$849.10
129,450 at 6.87%$849.96
129,450 at 6.88%$850.83
129,450 at 6.89%$851.69
129,450 at 6.9%$852.56
129,450 at 6.91%$853.42
129,450 at 6.92%$854.29
129,450 at 6.93%$855.16
129,450 at 6.94%$856.02
129,450 at 6.95%$856.89
129,450 at 6.96%$857.76
129,450 at 6.97%$858.63
129,450 at 6.98%$859.50
129,450 at 6.99%$860.36
129,450 at 7%$861.23
129,450 at 7.01%$862.10
129,450 at 7.02%$862.97
129,450 at 7.03%$863.84
129,450 at 7.04%$864.71
129,450 at 7.05%$865.59
129,450 at 7.06%$866.46
129,450 at 7.07%$867.33
129,450 at 7.08%$868.20
129,450 at 7.09%$869.07
129,450 at 7.1%$869.95
129,450 at 7.11%$870.82
129,450 at 7.12%$871.69
129,450 at 7.13%$872.57
129,450 at 7.14%$873.44
129,450 at 7.15%$874.31
129,450 at 7.16%$875.19
129,450 at 7.17%$876.06
129,450 at 7.18%$876.94
129,450 at 7.19%$877.82
129,450 at 7.2%$878.69
129,450 at 7.21%$879.57
129,450 at 7.22%$880.44
129,450 at 7.23%$881.32
129,450 at 7.24%$882.20
129,450 at 7.25%$883.08
129,450 at 7.26%$883.96
129,450 at 7.27%$884.83
129,450 at 7.28%$885.71
129,450 at 7.29%$886.59
129,450 at 7.3%$887.47
129,450 at 7.31%$888.35
129,450 at 7.32%$889.23
129,450 at 7.33%$890.11
129,450 at 7.34%$890.99
129,450 at 7.35%$891.87
129,450 at 7.36%$892.76
129,450 at 7.37%$893.64
129,450 at 7.38%$894.52
129,450 at 7.39%$895.40
129,450 at 7.4%$896.29
129,450 at 7.41%$897.17
129,450 at 7.42%$898.05
129,450 at 7.43%$898.94
129,450 at 7.44%$899.82
129,450 at 7.45%$900.71
129,450 at 7.46%$901.59
129,450 at 7.47%$902.48
129,450 at 7.48%$903.36
129,450 at 7.49%$904.25
129,450 at 7.5%$905.13
129,450 at 7.51%$906.02
129,450 at 7.52%$906.91
129,450 at 7.53%$907.79
129,450 at 7.54%$908.68
129,450 at 7.55%$909.57
129,450 at 7.56%$910.46
129,450 at 7.57%$911.35
129,450 at 7.58%$912.24
129,450 at 7.59%$913.12
129,450 at 7.6%$914.01
129,450 at 7.61%$914.90
129,450 at 7.62%$915.79
129,450 at 7.63%$916.68
129,450 at 7.64%$917.58
129,450 at 7.65%$918.47
129,450 at 7.66%$919.36
129,450 at 7.67%$920.25
129,450 at 7.68%$921.14
129,450 at 7.69%$922.03
129,450 at 7.7%$922.93
129,450 at 7.71%$923.82
129,450 at 7.72%$924.71
129,450 at 7.73%$925.61
129,450 at 7.74%$926.50
129,450 at 7.75%$927.40
129,450 at 7.76%$928.29
129,450 at 7.77%$929.19
129,450 at 7.78%$930.08
129,450 at 7.79%$930.98
129,450 at 7.8%$931.87
129,450 at 7.81%$932.77
129,450 at 7.82%$933.67
129,450 at 7.83%$934.56
129,450 at 7.84%$935.46
129,450 at 7.85%$936.36
129,450 at 7.86%$937.25
129,450 at 7.87%$938.15
129,450 at 7.88%$939.05
129,450 at 7.89%$939.95
129,450 at 7.9%$940.85
129,450 at 7.91%$941.75
129,450 at 7.92%$942.65
129,450 at 7.93%$943.55
129,450 at 7.94%$944.45
129,450 at 7.95%$945.35
129,450 at 7.96%$946.25
129,450 at 7.97%$947.15
129,450 at 7.98%$948.05
129,450 at 7.99%$948.96
129,450 at 8%$949.86
More Amounts
What is the down payment for a $129,450 house? How much do you need to put down?
Percent Down Down Payment
1%1,295
2%2,589
3%3,884
4%5,178
5%6,473
6%7,767
7%9,062
8%10,356
9%11,651
10%12,945
11%14,240
12%15,534
13%16,829
14%18,123
15%19,418
16%20,712
17%22,007
18%23,301
19%24,596
20%25,890
Percent Down Down Payment
21%27,185
22%28,479
23%29,774
24%31,068
25%32,363
26%33,657
27%34,952
28%36,246
29%37,541
30%38,835
31%40,130
32%41,424
33%42,719
34%44,013
35%45,308
36%46,602
37%47,897
38%49,191
39%50,486
40%51,780
Percent Down Down Payment
41%53,075
42%54,369
43%55,664
44%56,958
45%58,253
46%59,547
47%60,842
48%62,136
49%63,431
50%64,725
51%66,020
52%67,314
53%68,609
54%69,903
55%71,198
56%72,492
57%73,787
58%75,081
59%76,376
60%77,670
Percent Down Down Payment
61%78,965
62%80,259
63%81,554
64%82,848
65%84,143
66%85,437
67%86,732
68%88,026
69%89,321
70%90,615
71%91,910
72%93,204
73%94,499
74%95,793
75%97,088
76%98,382
77%99,677
78%100,971
79%102,266
80%103,560
Percent Down Down Payment
81%104,855
82%106,149
83%107,444
84%108,738
85%110,033
86%111,327
87%112,622
88%113,916
89%115,211
90%116,505
91%117,800
92%119,094
93%120,389
94%121,683
95%122,978
96%124,272
97%125,567
98%126,861
99%128,156
100%129,450
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.