$34,150 Mortgage for 30 Years

What is the monthly payment of a 34,150 dollar loan?
$
$
%
%
years
Loan Tables for a $34,150 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 34k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $34,150 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
34,150 at 2.01%$126.40
34,150 at 2.02%$126.57
34,150 at 2.03%$126.74
34,150 at 2.04%$126.91
34,150 at 2.05%$127.08
34,150 at 2.06%$127.25
34,150 at 2.07%$127.42
34,150 at 2.08%$127.60
34,150 at 2.09%$127.77
34,150 at 2.1%$127.94
34,150 at 2.11%$128.11
34,150 at 2.12%$128.28
34,150 at 2.13%$128.46
34,150 at 2.14%$128.63
34,150 at 2.15%$128.80
34,150 at 2.16%$128.97
34,150 at 2.17%$129.15
34,150 at 2.18%$129.32
34,150 at 2.19%$129.49
34,150 at 2.2%$129.67
34,150 at 2.21%$129.84
34,150 at 2.22%$130.02
34,150 at 2.23%$130.19
34,150 at 2.24%$130.36
34,150 at 2.25%$130.54
34,150 at 2.26%$130.71
34,150 at 2.27%$130.89
34,150 at 2.28%$131.06
34,150 at 2.29%$131.23
34,150 at 2.3%$131.41
34,150 at 2.31%$131.58
34,150 at 2.32%$131.76
34,150 at 2.33%$131.93
34,150 at 2.34%$132.11
34,150 at 2.35%$132.29
34,150 at 2.36%$132.46
34,150 at 2.37%$132.64
34,150 at 2.38%$132.81
34,150 at 2.39%$132.99
34,150 at 2.4%$133.16
34,150 at 2.41%$133.34
34,150 at 2.42%$133.52
34,150 at 2.43%$133.69
34,150 at 2.44%$133.87
34,150 at 2.45%$134.05
34,150 at 2.46%$134.22
34,150 at 2.47%$134.40
34,150 at 2.48%$134.58
34,150 at 2.49%$134.76
34,150 at 2.5%$134.93
34,150 at 2.51%$135.11
34,150 at 2.52%$135.29
34,150 at 2.53%$135.47
34,150 at 2.54%$135.65
34,150 at 2.55%$135.82
34,150 at 2.56%$136.00
34,150 at 2.57%$136.18
34,150 at 2.58%$136.36
34,150 at 2.59%$136.54
34,150 at 2.6%$136.72
34,150 at 2.61%$136.89
34,150 at 2.62%$137.07
34,150 at 2.63%$137.25
34,150 at 2.64%$137.43
34,150 at 2.65%$137.61
34,150 at 2.66%$137.79
34,150 at 2.67%$137.97
34,150 at 2.68%$138.15
34,150 at 2.69%$138.33
34,150 at 2.7%$138.51
34,150 at 2.71%$138.69
34,150 at 2.72%$138.87
34,150 at 2.73%$139.05
34,150 at 2.74%$139.23
34,150 at 2.75%$139.41
34,150 at 2.76%$139.60
34,150 at 2.77%$139.78
34,150 at 2.78%$139.96
34,150 at 2.79%$140.14
34,150 at 2.8%$140.32
34,150 at 2.81%$140.50
34,150 at 2.82%$140.68
34,150 at 2.83%$140.87
34,150 at 2.84%$141.05
34,150 at 2.85%$141.23
34,150 at 2.86%$141.41
34,150 at 2.87%$141.59
34,150 at 2.88%$141.78
34,150 at 2.89%$141.96
34,150 at 2.9%$142.14
34,150 at 2.91%$142.33
34,150 at 2.92%$142.51
34,150 at 2.93%$142.69
34,150 at 2.94%$142.88
34,150 at 2.95%$143.06
34,150 at 2.96%$143.24
34,150 at 2.97%$143.43
34,150 at 2.98%$143.61
34,150 at 2.99%$143.79
34,150 at 3%$143.98
34,150 at 3.01%$144.16
34,150 at 3.02%$144.35
34,150 at 3.03%$144.53
34,150 at 3.04%$144.72
34,150 at 3.05%$144.90
34,150 at 3.06%$145.09
34,150 at 3.07%$145.27
34,150 at 3.08%$145.46
34,150 at 3.09%$145.64
34,150 at 3.1%$145.83
34,150 at 3.11%$146.01
34,150 at 3.12%$146.20
34,150 at 3.13%$146.38
34,150 at 3.14%$146.57
34,150 at 3.15%$146.76
34,150 at 3.16%$146.94
34,150 at 3.17%$147.13
34,150 at 3.18%$147.31
34,150 at 3.19%$147.50
34,150 at 3.2%$147.69
34,150 at 3.21%$147.87
34,150 at 3.22%$148.06
34,150 at 3.23%$148.25
34,150 at 3.24%$148.44
34,150 at 3.25%$148.62
34,150 at 3.26%$148.81
34,150 at 3.27%$149.00
34,150 at 3.28%$149.19
34,150 at 3.29%$149.37
34,150 at 3.3%$149.56
34,150 at 3.31%$149.75
34,150 at 3.32%$149.94
34,150 at 3.33%$150.13
34,150 at 3.34%$150.32
34,150 at 3.35%$150.50
34,150 at 3.36%$150.69
34,150 at 3.37%$150.88
34,150 at 3.38%$151.07
34,150 at 3.39%$151.26
34,150 at 3.4%$151.45
34,150 at 3.41%$151.64
34,150 at 3.42%$151.83
34,150 at 3.43%$152.02
34,150 at 3.44%$152.21
34,150 at 3.45%$152.40
34,150 at 3.46%$152.59
34,150 at 3.47%$152.78
34,150 at 3.48%$152.97
34,150 at 3.49%$153.16
34,150 at 3.5%$153.35
Interest Rate 30 Year
34,150 at 3.51%$153.54
34,150 at 3.52%$153.73
34,150 at 3.53%$153.92
34,150 at 3.54%$154.11
34,150 at 3.55%$154.30
34,150 at 3.56%$154.49
34,150 at 3.57%$154.69
34,150 at 3.58%$154.88
34,150 at 3.59%$155.07
34,150 at 3.6%$155.26
34,150 at 3.61%$155.45
34,150 at 3.62%$155.65
34,150 at 3.63%$155.84
34,150 at 3.64%$156.03
34,150 at 3.65%$156.22
34,150 at 3.66%$156.42
34,150 at 3.67%$156.61
34,150 at 3.68%$156.80
34,150 at 3.69%$156.99
34,150 at 3.7%$157.19
34,150 at 3.71%$157.38
34,150 at 3.72%$157.57
34,150 at 3.73%$157.77
34,150 at 3.74%$157.96
34,150 at 3.75%$158.15
34,150 at 3.76%$158.35
34,150 at 3.77%$158.54
34,150 at 3.78%$158.74
34,150 at 3.79%$158.93
34,150 at 3.8%$159.12
34,150 at 3.81%$159.32
34,150 at 3.82%$159.51
34,150 at 3.83%$159.71
34,150 at 3.84%$159.90
34,150 at 3.85%$160.10
34,150 at 3.86%$160.29
34,150 at 3.87%$160.49
34,150 at 3.88%$160.68
34,150 at 3.89%$160.88
34,150 at 3.9%$161.07
34,150 at 3.91%$161.27
34,150 at 3.92%$161.47
34,150 at 3.93%$161.66
34,150 at 3.94%$161.86
34,150 at 3.95%$162.05
34,150 at 3.96%$162.25
34,150 at 3.97%$162.45
34,150 at 3.98%$162.64
34,150 at 3.99%$162.84
34,150 at 4%$163.04
34,150 at 4.01%$163.23
34,150 at 4.02%$163.43
34,150 at 4.03%$163.63
34,150 at 4.04%$163.83
34,150 at 4.05%$164.02
34,150 at 4.06%$164.22
34,150 at 4.07%$164.42
34,150 at 4.08%$164.62
34,150 at 4.09%$164.81
34,150 at 4.1%$165.01
34,150 at 4.11%$165.21
34,150 at 4.12%$165.41
34,150 at 4.13%$165.61
34,150 at 4.14%$165.81
34,150 at 4.15%$166.00
34,150 at 4.16%$166.20
34,150 at 4.17%$166.40
34,150 at 4.18%$166.60
34,150 at 4.19%$166.80
34,150 at 4.2%$167.00
34,150 at 4.21%$167.20
34,150 at 4.22%$167.40
34,150 at 4.23%$167.60
34,150 at 4.24%$167.80
34,150 at 4.25%$168.00
34,150 at 4.26%$168.20
34,150 at 4.27%$168.40
34,150 at 4.28%$168.60
34,150 at 4.29%$168.80
34,150 at 4.3%$169.00
34,150 at 4.31%$169.20
34,150 at 4.32%$169.40
34,150 at 4.33%$169.60
34,150 at 4.34%$169.80
34,150 at 4.35%$170.00
34,150 at 4.36%$170.20
34,150 at 4.37%$170.41
34,150 at 4.38%$170.61
34,150 at 4.39%$170.81
34,150 at 4.4%$171.01
34,150 at 4.41%$171.21
34,150 at 4.42%$171.41
34,150 at 4.43%$171.62
34,150 at 4.44%$171.82
34,150 at 4.45%$172.02
34,150 at 4.46%$172.22
34,150 at 4.47%$172.42
34,150 at 4.48%$172.63
34,150 at 4.49%$172.83
34,150 at 4.5%$173.03
34,150 at 4.51%$173.24
34,150 at 4.52%$173.44
34,150 at 4.53%$173.64
34,150 at 4.54%$173.85
34,150 at 4.55%$174.05
34,150 at 4.56%$174.25
34,150 at 4.57%$174.46
34,150 at 4.58%$174.66
34,150 at 4.59%$174.86
34,150 at 4.6%$175.07
34,150 at 4.61%$175.27
34,150 at 4.62%$175.48
34,150 at 4.63%$175.68
34,150 at 4.64%$175.89
34,150 at 4.65%$176.09
34,150 at 4.66%$176.29
34,150 at 4.67%$176.50
34,150 at 4.68%$176.70
34,150 at 4.69%$176.91
34,150 at 4.7%$177.11
34,150 at 4.71%$177.32
34,150 at 4.72%$177.53
34,150 at 4.73%$177.73
34,150 at 4.74%$177.94
34,150 at 4.75%$178.14
34,150 at 4.76%$178.35
34,150 at 4.77%$178.55
34,150 at 4.78%$178.76
34,150 at 4.79%$178.97
34,150 at 4.8%$179.17
34,150 at 4.81%$179.38
34,150 at 4.82%$179.59
34,150 at 4.83%$179.79
34,150 at 4.84%$180.00
34,150 at 4.85%$180.21
34,150 at 4.86%$180.41
34,150 at 4.87%$180.62
34,150 at 4.88%$180.83
34,150 at 4.89%$181.04
34,150 at 4.9%$181.24
34,150 at 4.91%$181.45
34,150 at 4.92%$181.66
34,150 at 4.93%$181.87
34,150 at 4.94%$182.07
34,150 at 4.95%$182.28
34,150 at 4.96%$182.49
34,150 at 4.97%$182.70
34,150 at 4.98%$182.91
34,150 at 4.99%$183.12
34,150 at 5%$183.32
Interest Rate 30 Year
34,150 at 5.01%$183.53
34,150 at 5.02%$183.74
34,150 at 5.03%$183.95
34,150 at 5.04%$184.16
34,150 at 5.05%$184.37
34,150 at 5.06%$184.58
34,150 at 5.07%$184.79
34,150 at 5.08%$185.00
34,150 at 5.09%$185.21
34,150 at 5.1%$185.42
34,150 at 5.11%$185.63
34,150 at 5.12%$185.84
34,150 at 5.13%$186.05
34,150 at 5.14%$186.26
34,150 at 5.15%$186.47
34,150 at 5.16%$186.68
34,150 at 5.17%$186.89
34,150 at 5.18%$187.10
34,150 at 5.19%$187.31
34,150 at 5.2%$187.52
34,150 at 5.21%$187.73
34,150 at 5.22%$187.94
34,150 at 5.23%$188.15
34,150 at 5.24%$188.37
34,150 at 5.25%$188.58
34,150 at 5.26%$188.79
34,150 at 5.27%$189.00
34,150 at 5.28%$189.21
34,150 at 5.29%$189.42
34,150 at 5.3%$189.64
34,150 at 5.31%$189.85
34,150 at 5.32%$190.06
34,150 at 5.33%$190.27
34,150 at 5.34%$190.49
34,150 at 5.35%$190.70
34,150 at 5.36%$190.91
34,150 at 5.37%$191.12
34,150 at 5.38%$191.34
34,150 at 5.39%$191.55
34,150 at 5.4%$191.76
34,150 at 5.41%$191.98
34,150 at 5.42%$192.19
34,150 at 5.43%$192.40
34,150 at 5.44%$192.62
34,150 at 5.45%$192.83
34,150 at 5.46%$193.04
34,150 at 5.47%$193.26
34,150 at 5.48%$193.47
34,150 at 5.49%$193.69
34,150 at 5.5%$193.90
34,150 at 5.51%$194.11
34,150 at 5.52%$194.33
34,150 at 5.53%$194.54
34,150 at 5.54%$194.76
34,150 at 5.55%$194.97
34,150 at 5.56%$195.19
34,150 at 5.57%$195.40
34,150 at 5.58%$195.62
34,150 at 5.59%$195.83
34,150 at 5.6%$196.05
34,150 at 5.61%$196.26
34,150 at 5.62%$196.48
34,150 at 5.63%$196.69
34,150 at 5.64%$196.91
34,150 at 5.65%$197.13
34,150 at 5.66%$197.34
34,150 at 5.67%$197.56
34,150 at 5.68%$197.77
34,150 at 5.69%$197.99
34,150 at 5.7%$198.21
34,150 at 5.71%$198.42
34,150 at 5.72%$198.64
34,150 at 5.73%$198.86
34,150 at 5.74%$199.07
34,150 at 5.75%$199.29
34,150 at 5.76%$199.51
34,150 at 5.77%$199.72
34,150 at 5.78%$199.94
34,150 at 5.79%$200.16
34,150 at 5.8%$200.38
34,150 at 5.81%$200.59
34,150 at 5.82%$200.81
34,150 at 5.83%$201.03
34,150 at 5.84%$201.25
34,150 at 5.85%$201.46
34,150 at 5.86%$201.68
34,150 at 5.87%$201.90
34,150 at 5.88%$202.12
34,150 at 5.89%$202.34
34,150 at 5.9%$202.56
34,150 at 5.91%$202.77
34,150 at 5.92%$202.99
34,150 at 5.93%$203.21
34,150 at 5.94%$203.43
34,150 at 5.95%$203.65
34,150 at 5.96%$203.87
34,150 at 5.97%$204.09
34,150 at 5.98%$204.31
34,150 at 5.99%$204.53
34,150 at 6%$204.75
34,150 at 6.01%$204.97
34,150 at 6.02%$205.19
34,150 at 6.03%$205.41
34,150 at 6.04%$205.63
34,150 at 6.05%$205.85
34,150 at 6.06%$206.07
34,150 at 6.07%$206.29
34,150 at 6.08%$206.51
34,150 at 6.09%$206.73
34,150 at 6.1%$206.95
34,150 at 6.11%$207.17
34,150 at 6.12%$207.39
34,150 at 6.13%$207.61
34,150 at 6.14%$207.83
34,150 at 6.15%$208.05
34,150 at 6.16%$208.27
34,150 at 6.17%$208.49
34,150 at 6.18%$208.72
34,150 at 6.19%$208.94
34,150 at 6.2%$209.16
34,150 at 6.21%$209.38
34,150 at 6.22%$209.60
34,150 at 6.23%$209.82
34,150 at 6.24%$210.05
34,150 at 6.25%$210.27
34,150 at 6.26%$210.49
34,150 at 6.27%$210.71
34,150 at 6.28%$210.93
34,150 at 6.29%$211.16
34,150 at 6.3%$211.38
34,150 at 6.31%$211.60
34,150 at 6.32%$211.82
34,150 at 6.33%$212.05
34,150 at 6.34%$212.27
34,150 at 6.35%$212.49
34,150 at 6.36%$212.72
34,150 at 6.37%$212.94
34,150 at 6.38%$213.16
34,150 at 6.39%$213.39
34,150 at 6.4%$213.61
34,150 at 6.41%$213.83
34,150 at 6.42%$214.06
34,150 at 6.43%$214.28
34,150 at 6.44%$214.51
34,150 at 6.45%$214.73
34,150 at 6.46%$214.95
34,150 at 6.47%$215.18
34,150 at 6.48%$215.40
34,150 at 6.49%$215.63
34,150 at 6.5%$215.85
Interest Rate 30 Year
34,150 at 6.51%$216.08
34,150 at 6.52%$216.30
34,150 at 6.53%$216.53
34,150 at 6.54%$216.75
34,150 at 6.55%$216.98
34,150 at 6.56%$217.20
34,150 at 6.57%$217.43
34,150 at 6.58%$217.65
34,150 at 6.59%$217.88
34,150 at 6.6%$218.10
34,150 at 6.61%$218.33
34,150 at 6.62%$218.55
34,150 at 6.63%$218.78
34,150 at 6.64%$219.01
34,150 at 6.65%$219.23
34,150 at 6.66%$219.46
34,150 at 6.67%$219.68
34,150 at 6.68%$219.91
34,150 at 6.69%$220.14
34,150 at 6.7%$220.36
34,150 at 6.71%$220.59
34,150 at 6.72%$220.82
34,150 at 6.73%$221.04
34,150 at 6.74%$221.27
34,150 at 6.75%$221.50
34,150 at 6.76%$221.72
34,150 at 6.77%$221.95
34,150 at 6.78%$222.18
34,150 at 6.79%$222.41
34,150 at 6.8%$222.63
34,150 at 6.81%$222.86
34,150 at 6.82%$223.09
34,150 at 6.83%$223.32
34,150 at 6.84%$223.54
34,150 at 6.85%$223.77
34,150 at 6.86%$224.00
34,150 at 6.87%$224.23
34,150 at 6.88%$224.46
34,150 at 6.89%$224.68
34,150 at 6.9%$224.91
34,150 at 6.91%$225.14
34,150 at 6.92%$225.37
34,150 at 6.93%$225.60
34,150 at 6.94%$225.83
34,150 at 6.95%$226.06
34,150 at 6.96%$226.28
34,150 at 6.97%$226.51
34,150 at 6.98%$226.74
34,150 at 6.99%$226.97
34,150 at 7%$227.20
34,150 at 7.01%$227.43
34,150 at 7.02%$227.66
34,150 at 7.03%$227.89
34,150 at 7.04%$228.12
34,150 at 7.05%$228.35
34,150 at 7.06%$228.58
34,150 at 7.07%$228.81
34,150 at 7.08%$229.04
34,150 at 7.09%$229.27
34,150 at 7.1%$229.50
34,150 at 7.11%$229.73
34,150 at 7.12%$229.96
34,150 at 7.13%$230.19
34,150 at 7.14%$230.42
34,150 at 7.15%$230.65
34,150 at 7.16%$230.88
34,150 at 7.17%$231.11
34,150 at 7.18%$231.34
34,150 at 7.19%$231.58
34,150 at 7.2%$231.81
34,150 at 7.21%$232.04
34,150 at 7.22%$232.27
34,150 at 7.23%$232.50
34,150 at 7.24%$232.73
34,150 at 7.25%$232.96
34,150 at 7.26%$233.19
34,150 at 7.27%$233.43
34,150 at 7.28%$233.66
34,150 at 7.29%$233.89
34,150 at 7.3%$234.12
34,150 at 7.31%$234.35
34,150 at 7.32%$234.59
34,150 at 7.33%$234.82
34,150 at 7.34%$235.05
34,150 at 7.35%$235.28
34,150 at 7.36%$235.52
34,150 at 7.37%$235.75
34,150 at 7.38%$235.98
34,150 at 7.39%$236.21
34,150 at 7.4%$236.45
34,150 at 7.41%$236.68
34,150 at 7.42%$236.91
34,150 at 7.43%$237.15
34,150 at 7.44%$237.38
34,150 at 7.45%$237.61
34,150 at 7.46%$237.85
34,150 at 7.47%$238.08
34,150 at 7.48%$238.31
34,150 at 7.49%$238.55
34,150 at 7.5%$238.78
34,150 at 7.51%$239.02
34,150 at 7.52%$239.25
34,150 at 7.53%$239.48
34,150 at 7.54%$239.72
34,150 at 7.55%$239.95
34,150 at 7.56%$240.19
34,150 at 7.57%$240.42
34,150 at 7.58%$240.66
34,150 at 7.59%$240.89
34,150 at 7.6%$241.12
34,150 at 7.61%$241.36
34,150 at 7.62%$241.59
34,150 at 7.63%$241.83
34,150 at 7.64%$242.06
34,150 at 7.65%$242.30
34,150 at 7.66%$242.53
34,150 at 7.67%$242.77
34,150 at 7.68%$243.00
34,150 at 7.69%$243.24
34,150 at 7.7%$243.48
34,150 at 7.71%$243.71
34,150 at 7.72%$243.95
34,150 at 7.73%$244.18
34,150 at 7.74%$244.42
34,150 at 7.75%$244.65
34,150 at 7.76%$244.89
34,150 at 7.77%$245.13
34,150 at 7.78%$245.36
34,150 at 7.79%$245.60
34,150 at 7.8%$245.84
34,150 at 7.81%$246.07
34,150 at 7.82%$246.31
34,150 at 7.83%$246.55
34,150 at 7.84%$246.78
34,150 at 7.85%$247.02
34,150 at 7.86%$247.26
34,150 at 7.87%$247.49
34,150 at 7.88%$247.73
34,150 at 7.89%$247.97
34,150 at 7.9%$248.20
34,150 at 7.91%$248.44
34,150 at 7.92%$248.68
34,150 at 7.93%$248.92
34,150 at 7.94%$249.15
34,150 at 7.95%$249.39
34,150 at 7.96%$249.63
34,150 at 7.97%$249.87
34,150 at 7.98%$250.10
34,150 at 7.99%$250.34
34,150 at 8%$250.58
More Amounts
What is the down payment for a $34,150 house? How much do you need to put down?
Percent Down Down Payment
1%342
2%683
3%1,025
4%1,366
5%1,708
6%2,049
7%2,391
8%2,732
9%3,074
10%3,415
11%3,757
12%4,098
13%4,440
14%4,781
15%5,123
16%5,464
17%5,806
18%6,147
19%6,489
20%6,830
Percent Down Down Payment
21%7,172
22%7,513
23%7,855
24%8,196
25%8,538
26%8,879
27%9,221
28%9,562
29%9,904
30%10,245
31%10,587
32%10,928
33%11,270
34%11,611
35%11,953
36%12,294
37%12,636
38%12,977
39%13,319
40%13,660
Percent Down Down Payment
41%14,002
42%14,343
43%14,685
44%15,026
45%15,368
46%15,709
47%16,051
48%16,392
49%16,734
50%17,075
51%17,417
52%17,758
53%18,100
54%18,441
55%18,783
56%19,124
57%19,466
58%19,807
59%20,149
60%20,490
Percent Down Down Payment
61%20,832
62%21,173
63%21,515
64%21,856
65%22,198
66%22,539
67%22,881
68%23,222
69%23,564
70%23,905
71%24,247
72%24,588
73%24,930
74%25,271
75%25,613
76%25,954
77%26,296
78%26,637
79%26,979
80%27,320
Percent Down Down Payment
81%27,662
82%28,003
83%28,345
84%28,686
85%29,028
86%29,369
87%29,711
88%30,052
89%30,394
90%30,735
91%31,077
92%31,418
93%31,760
94%32,101
95%32,443
96%32,784
97%33,126
98%33,467
99%33,809
100%34,150
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.