$41,150 Mortgage for 30 Years

What is the monthly payment of a 41,150 dollar loan?
$
$
%
%
years
Loan Tables for a $41,150 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 41k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $41,150 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
41,150 at 2.01%$152.30
41,150 at 2.02%$152.51
41,150 at 2.03%$152.72
41,150 at 2.04%$152.92
41,150 at 2.05%$153.13
41,150 at 2.06%$153.34
41,150 at 2.07%$153.54
41,150 at 2.08%$153.75
41,150 at 2.09%$153.96
41,150 at 2.1%$154.16
41,150 at 2.11%$154.37
41,150 at 2.12%$154.58
41,150 at 2.13%$154.79
41,150 at 2.14%$155.00
41,150 at 2.15%$155.20
41,150 at 2.16%$155.41
41,150 at 2.17%$155.62
41,150 at 2.18%$155.83
41,150 at 2.19%$156.04
41,150 at 2.2%$156.25
41,150 at 2.21%$156.46
41,150 at 2.22%$156.67
41,150 at 2.23%$156.87
41,150 at 2.24%$157.08
41,150 at 2.25%$157.29
41,150 at 2.26%$157.50
41,150 at 2.27%$157.71
41,150 at 2.28%$157.92
41,150 at 2.29%$158.14
41,150 at 2.3%$158.35
41,150 at 2.31%$158.56
41,150 at 2.32%$158.77
41,150 at 2.33%$158.98
41,150 at 2.34%$159.19
41,150 at 2.35%$159.40
41,150 at 2.36%$159.61
41,150 at 2.37%$159.82
41,150 at 2.38%$160.04
41,150 at 2.39%$160.25
41,150 at 2.4%$160.46
41,150 at 2.41%$160.67
41,150 at 2.42%$160.89
41,150 at 2.43%$161.10
41,150 at 2.44%$161.31
41,150 at 2.45%$161.52
41,150 at 2.46%$161.74
41,150 at 2.47%$161.95
41,150 at 2.48%$162.16
41,150 at 2.49%$162.38
41,150 at 2.5%$162.59
41,150 at 2.51%$162.81
41,150 at 2.52%$163.02
41,150 at 2.53%$163.23
41,150 at 2.54%$163.45
41,150 at 2.55%$163.66
41,150 at 2.56%$163.88
41,150 at 2.57%$164.09
41,150 at 2.58%$164.31
41,150 at 2.59%$164.52
41,150 at 2.6%$164.74
41,150 at 2.61%$164.96
41,150 at 2.62%$165.17
41,150 at 2.63%$165.39
41,150 at 2.64%$165.60
41,150 at 2.65%$165.82
41,150 at 2.66%$166.04
41,150 at 2.67%$166.25
41,150 at 2.68%$166.47
41,150 at 2.69%$166.69
41,150 at 2.7%$166.90
41,150 at 2.71%$167.12
41,150 at 2.72%$167.34
41,150 at 2.73%$167.56
41,150 at 2.74%$167.77
41,150 at 2.75%$167.99
41,150 at 2.76%$168.21
41,150 at 2.77%$168.43
41,150 at 2.78%$168.65
41,150 at 2.79%$168.86
41,150 at 2.8%$169.08
41,150 at 2.81%$169.30
41,150 at 2.82%$169.52
41,150 at 2.83%$169.74
41,150 at 2.84%$169.96
41,150 at 2.85%$170.18
41,150 at 2.86%$170.40
41,150 at 2.87%$170.62
41,150 at 2.88%$170.84
41,150 at 2.89%$171.06
41,150 at 2.9%$171.28
41,150 at 2.91%$171.50
41,150 at 2.92%$171.72
41,150 at 2.93%$171.94
41,150 at 2.94%$172.16
41,150 at 2.95%$172.38
41,150 at 2.96%$172.60
41,150 at 2.97%$172.82
41,150 at 2.98%$173.05
41,150 at 2.99%$173.27
41,150 at 3%$173.49
41,150 at 3.01%$173.71
41,150 at 3.02%$173.93
41,150 at 3.03%$174.16
41,150 at 3.04%$174.38
41,150 at 3.05%$174.60
41,150 at 3.06%$174.82
41,150 at 3.07%$175.05
41,150 at 3.08%$175.27
41,150 at 3.09%$175.49
41,150 at 3.1%$175.72
41,150 at 3.11%$175.94
41,150 at 3.12%$176.16
41,150 at 3.13%$176.39
41,150 at 3.14%$176.61
41,150 at 3.15%$176.84
41,150 at 3.16%$177.06
41,150 at 3.17%$177.29
41,150 at 3.18%$177.51
41,150 at 3.19%$177.74
41,150 at 3.2%$177.96
41,150 at 3.21%$178.19
41,150 at 3.22%$178.41
41,150 at 3.23%$178.64
41,150 at 3.24%$178.86
41,150 at 3.25%$179.09
41,150 at 3.26%$179.31
41,150 at 3.27%$179.54
41,150 at 3.28%$179.77
41,150 at 3.29%$179.99
41,150 at 3.3%$180.22
41,150 at 3.31%$180.45
41,150 at 3.32%$180.67
41,150 at 3.33%$180.90
41,150 at 3.34%$181.13
41,150 at 3.35%$181.35
41,150 at 3.36%$181.58
41,150 at 3.37%$181.81
41,150 at 3.38%$182.04
41,150 at 3.39%$182.26
41,150 at 3.4%$182.49
41,150 at 3.41%$182.72
41,150 at 3.42%$182.95
41,150 at 3.43%$183.18
41,150 at 3.44%$183.41
41,150 at 3.45%$183.64
41,150 at 3.46%$183.86
41,150 at 3.47%$184.09
41,150 at 3.48%$184.32
41,150 at 3.49%$184.55
41,150 at 3.5%$184.78
Interest Rate 30 Year
41,150 at 3.51%$185.01
41,150 at 3.52%$185.24
41,150 at 3.53%$185.47
41,150 at 3.54%$185.70
41,150 at 3.55%$185.93
41,150 at 3.56%$186.16
41,150 at 3.57%$186.39
41,150 at 3.58%$186.62
41,150 at 3.59%$186.86
41,150 at 3.6%$187.09
41,150 at 3.61%$187.32
41,150 at 3.62%$187.55
41,150 at 3.63%$187.78
41,150 at 3.64%$188.01
41,150 at 3.65%$188.24
41,150 at 3.66%$188.48
41,150 at 3.67%$188.71
41,150 at 3.68%$188.94
41,150 at 3.69%$189.17
41,150 at 3.7%$189.41
41,150 at 3.71%$189.64
41,150 at 3.72%$189.87
41,150 at 3.73%$190.11
41,150 at 3.74%$190.34
41,150 at 3.75%$190.57
41,150 at 3.76%$190.81
41,150 at 3.77%$191.04
41,150 at 3.78%$191.27
41,150 at 3.79%$191.51
41,150 at 3.8%$191.74
41,150 at 3.81%$191.98
41,150 at 3.82%$192.21
41,150 at 3.83%$192.44
41,150 at 3.84%$192.68
41,150 at 3.85%$192.91
41,150 at 3.86%$193.15
41,150 at 3.87%$193.38
41,150 at 3.88%$193.62
41,150 at 3.89%$193.86
41,150 at 3.9%$194.09
41,150 at 3.91%$194.33
41,150 at 3.92%$194.56
41,150 at 3.93%$194.80
41,150 at 3.94%$195.04
41,150 at 3.95%$195.27
41,150 at 3.96%$195.51
41,150 at 3.97%$195.75
41,150 at 3.98%$195.98
41,150 at 3.99%$196.22
41,150 at 4%$196.46
41,150 at 4.01%$196.69
41,150 at 4.02%$196.93
41,150 at 4.03%$197.17
41,150 at 4.04%$197.41
41,150 at 4.05%$197.64
41,150 at 4.06%$197.88
41,150 at 4.07%$198.12
41,150 at 4.08%$198.36
41,150 at 4.09%$198.60
41,150 at 4.1%$198.84
41,150 at 4.11%$199.07
41,150 at 4.12%$199.31
41,150 at 4.13%$199.55
41,150 at 4.14%$199.79
41,150 at 4.15%$200.03
41,150 at 4.16%$200.27
41,150 at 4.17%$200.51
41,150 at 4.18%$200.75
41,150 at 4.19%$200.99
41,150 at 4.2%$201.23
41,150 at 4.21%$201.47
41,150 at 4.22%$201.71
41,150 at 4.23%$201.95
41,150 at 4.24%$202.19
41,150 at 4.25%$202.43
41,150 at 4.26%$202.67
41,150 at 4.27%$202.92
41,150 at 4.28%$203.16
41,150 at 4.29%$203.40
41,150 at 4.3%$203.64
41,150 at 4.31%$203.88
41,150 at 4.32%$204.12
41,150 at 4.33%$204.37
41,150 at 4.34%$204.61
41,150 at 4.35%$204.85
41,150 at 4.36%$205.09
41,150 at 4.37%$205.33
41,150 at 4.38%$205.58
41,150 at 4.39%$205.82
41,150 at 4.4%$206.06
41,150 at 4.41%$206.31
41,150 at 4.42%$206.55
41,150 at 4.43%$206.79
41,150 at 4.44%$207.04
41,150 at 4.45%$207.28
41,150 at 4.46%$207.52
41,150 at 4.47%$207.77
41,150 at 4.48%$208.01
41,150 at 4.49%$208.26
41,150 at 4.5%$208.50
41,150 at 4.51%$208.75
41,150 at 4.52%$208.99
41,150 at 4.53%$209.24
41,150 at 4.54%$209.48
41,150 at 4.55%$209.73
41,150 at 4.56%$209.97
41,150 at 4.57%$210.22
41,150 at 4.58%$210.46
41,150 at 4.59%$210.71
41,150 at 4.6%$210.95
41,150 at 4.61%$211.20
41,150 at 4.62%$211.45
41,150 at 4.63%$211.69
41,150 at 4.64%$211.94
41,150 at 4.65%$212.18
41,150 at 4.66%$212.43
41,150 at 4.67%$212.68
41,150 at 4.68%$212.93
41,150 at 4.69%$213.17
41,150 at 4.7%$213.42
41,150 at 4.71%$213.67
41,150 at 4.72%$213.91
41,150 at 4.73%$214.16
41,150 at 4.74%$214.41
41,150 at 4.75%$214.66
41,150 at 4.76%$214.91
41,150 at 4.77%$215.15
41,150 at 4.78%$215.40
41,150 at 4.79%$215.65
41,150 at 4.8%$215.90
41,150 at 4.81%$216.15
41,150 at 4.82%$216.40
41,150 at 4.83%$216.65
41,150 at 4.84%$216.90
41,150 at 4.85%$217.15
41,150 at 4.86%$217.39
41,150 at 4.87%$217.64
41,150 at 4.88%$217.89
41,150 at 4.89%$218.14
41,150 at 4.9%$218.39
41,150 at 4.91%$218.64
41,150 at 4.92%$218.89
41,150 at 4.93%$219.15
41,150 at 4.94%$219.40
41,150 at 4.95%$219.65
41,150 at 4.96%$219.90
41,150 at 4.97%$220.15
41,150 at 4.98%$220.40
41,150 at 4.99%$220.65
41,150 at 5%$220.90
Interest Rate 30 Year
41,150 at 5.01%$221.15
41,150 at 5.02%$221.41
41,150 at 5.03%$221.66
41,150 at 5.04%$221.91
41,150 at 5.05%$222.16
41,150 at 5.06%$222.41
41,150 at 5.07%$222.67
41,150 at 5.08%$222.92
41,150 at 5.09%$223.17
41,150 at 5.1%$223.42
41,150 at 5.11%$223.68
41,150 at 5.12%$223.93
41,150 at 5.13%$224.18
41,150 at 5.14%$224.44
41,150 at 5.15%$224.69
41,150 at 5.16%$224.94
41,150 at 5.17%$225.20
41,150 at 5.18%$225.45
41,150 at 5.19%$225.70
41,150 at 5.2%$225.96
41,150 at 5.21%$226.21
41,150 at 5.22%$226.47
41,150 at 5.23%$226.72
41,150 at 5.24%$226.98
41,150 at 5.25%$227.23
41,150 at 5.26%$227.49
41,150 at 5.27%$227.74
41,150 at 5.28%$228.00
41,150 at 5.29%$228.25
41,150 at 5.3%$228.51
41,150 at 5.31%$228.76
41,150 at 5.32%$229.02
41,150 at 5.33%$229.28
41,150 at 5.34%$229.53
41,150 at 5.35%$229.79
41,150 at 5.36%$230.04
41,150 at 5.37%$230.30
41,150 at 5.38%$230.56
41,150 at 5.39%$230.81
41,150 at 5.4%$231.07
41,150 at 5.41%$231.33
41,150 at 5.42%$231.58
41,150 at 5.43%$231.84
41,150 at 5.44%$232.10
41,150 at 5.45%$232.36
41,150 at 5.46%$232.61
41,150 at 5.47%$232.87
41,150 at 5.48%$233.13
41,150 at 5.49%$233.39
41,150 at 5.5%$233.65
41,150 at 5.51%$233.90
41,150 at 5.52%$234.16
41,150 at 5.53%$234.42
41,150 at 5.54%$234.68
41,150 at 5.55%$234.94
41,150 at 5.56%$235.20
41,150 at 5.57%$235.46
41,150 at 5.58%$235.71
41,150 at 5.59%$235.97
41,150 at 5.6%$236.23
41,150 at 5.61%$236.49
41,150 at 5.62%$236.75
41,150 at 5.63%$237.01
41,150 at 5.64%$237.27
41,150 at 5.65%$237.53
41,150 at 5.66%$237.79
41,150 at 5.67%$238.05
41,150 at 5.68%$238.31
41,150 at 5.69%$238.57
41,150 at 5.7%$238.83
41,150 at 5.71%$239.10
41,150 at 5.72%$239.36
41,150 at 5.73%$239.62
41,150 at 5.74%$239.88
41,150 at 5.75%$240.14
41,150 at 5.76%$240.40
41,150 at 5.77%$240.66
41,150 at 5.78%$240.93
41,150 at 5.79%$241.19
41,150 at 5.8%$241.45
41,150 at 5.81%$241.71
41,150 at 5.82%$241.97
41,150 at 5.83%$242.24
41,150 at 5.84%$242.50
41,150 at 5.85%$242.76
41,150 at 5.86%$243.02
41,150 at 5.87%$243.29
41,150 at 5.88%$243.55
41,150 at 5.89%$243.81
41,150 at 5.9%$244.08
41,150 at 5.91%$244.34
41,150 at 5.92%$244.60
41,150 at 5.93%$244.87
41,150 at 5.94%$245.13
41,150 at 5.95%$245.39
41,150 at 5.96%$245.66
41,150 at 5.97%$245.92
41,150 at 5.98%$246.19
41,150 at 5.99%$246.45
41,150 at 6%$246.72
41,150 at 6.01%$246.98
41,150 at 6.02%$247.24
41,150 at 6.03%$247.51
41,150 at 6.04%$247.77
41,150 at 6.05%$248.04
41,150 at 6.06%$248.30
41,150 at 6.07%$248.57
41,150 at 6.08%$248.84
41,150 at 6.09%$249.10
41,150 at 6.1%$249.37
41,150 at 6.11%$249.63
41,150 at 6.12%$249.90
41,150 at 6.13%$250.16
41,150 at 6.14%$250.43
41,150 at 6.15%$250.70
41,150 at 6.16%$250.96
41,150 at 6.17%$251.23
41,150 at 6.18%$251.50
41,150 at 6.19%$251.76
41,150 at 6.2%$252.03
41,150 at 6.21%$252.30
41,150 at 6.22%$252.57
41,150 at 6.23%$252.83
41,150 at 6.24%$253.10
41,150 at 6.25%$253.37
41,150 at 6.26%$253.64
41,150 at 6.27%$253.90
41,150 at 6.28%$254.17
41,150 at 6.29%$254.44
41,150 at 6.3%$254.71
41,150 at 6.31%$254.98
41,150 at 6.32%$255.24
41,150 at 6.33%$255.51
41,150 at 6.34%$255.78
41,150 at 6.35%$256.05
41,150 at 6.36%$256.32
41,150 at 6.37%$256.59
41,150 at 6.38%$256.86
41,150 at 6.39%$257.13
41,150 at 6.4%$257.40
41,150 at 6.41%$257.67
41,150 at 6.42%$257.93
41,150 at 6.43%$258.20
41,150 at 6.44%$258.47
41,150 at 6.45%$258.74
41,150 at 6.46%$259.01
41,150 at 6.47%$259.28
41,150 at 6.48%$259.55
41,150 at 6.49%$259.83
41,150 at 6.5%$260.10
Interest Rate 30 Year
41,150 at 6.51%$260.37
41,150 at 6.52%$260.64
41,150 at 6.53%$260.91
41,150 at 6.54%$261.18
41,150 at 6.55%$261.45
41,150 at 6.56%$261.72
41,150 at 6.57%$261.99
41,150 at 6.58%$262.26
41,150 at 6.59%$262.54
41,150 at 6.6%$262.81
41,150 at 6.61%$263.08
41,150 at 6.62%$263.35
41,150 at 6.63%$263.62
41,150 at 6.64%$263.90
41,150 at 6.65%$264.17
41,150 at 6.66%$264.44
41,150 at 6.67%$264.71
41,150 at 6.68%$264.99
41,150 at 6.69%$265.26
41,150 at 6.7%$265.53
41,150 at 6.71%$265.80
41,150 at 6.72%$266.08
41,150 at 6.73%$266.35
41,150 at 6.74%$266.62
41,150 at 6.75%$266.90
41,150 at 6.76%$267.17
41,150 at 6.77%$267.45
41,150 at 6.78%$267.72
41,150 at 6.79%$267.99
41,150 at 6.8%$268.27
41,150 at 6.81%$268.54
41,150 at 6.82%$268.82
41,150 at 6.83%$269.09
41,150 at 6.84%$269.36
41,150 at 6.85%$269.64
41,150 at 6.86%$269.91
41,150 at 6.87%$270.19
41,150 at 6.88%$270.46
41,150 at 6.89%$270.74
41,150 at 6.9%$271.01
41,150 at 6.91%$271.29
41,150 at 6.92%$271.56
41,150 at 6.93%$271.84
41,150 at 6.94%$272.12
41,150 at 6.95%$272.39
41,150 at 6.96%$272.67
41,150 at 6.97%$272.94
41,150 at 6.98%$273.22
41,150 at 6.99%$273.50
41,150 at 7%$273.77
41,150 at 7.01%$274.05
41,150 at 7.02%$274.32
41,150 at 7.03%$274.60
41,150 at 7.04%$274.88
41,150 at 7.05%$275.16
41,150 at 7.06%$275.43
41,150 at 7.07%$275.71
41,150 at 7.08%$275.99
41,150 at 7.09%$276.26
41,150 at 7.1%$276.54
41,150 at 7.11%$276.82
41,150 at 7.12%$277.10
41,150 at 7.13%$277.37
41,150 at 7.14%$277.65
41,150 at 7.15%$277.93
41,150 at 7.16%$278.21
41,150 at 7.17%$278.49
41,150 at 7.18%$278.76
41,150 at 7.19%$279.04
41,150 at 7.2%$279.32
41,150 at 7.21%$279.60
41,150 at 7.22%$279.88
41,150 at 7.23%$280.16
41,150 at 7.24%$280.44
41,150 at 7.25%$280.72
41,150 at 7.26%$280.99
41,150 at 7.27%$281.27
41,150 at 7.28%$281.55
41,150 at 7.29%$281.83
41,150 at 7.3%$282.11
41,150 at 7.31%$282.39
41,150 at 7.32%$282.67
41,150 at 7.33%$282.95
41,150 at 7.34%$283.23
41,150 at 7.35%$283.51
41,150 at 7.36%$283.79
41,150 at 7.37%$284.07
41,150 at 7.38%$284.35
41,150 at 7.39%$284.63
41,150 at 7.4%$284.91
41,150 at 7.41%$285.20
41,150 at 7.42%$285.48
41,150 at 7.43%$285.76
41,150 at 7.44%$286.04
41,150 at 7.45%$286.32
41,150 at 7.46%$286.60
41,150 at 7.47%$286.88
41,150 at 7.48%$287.16
41,150 at 7.49%$287.45
41,150 at 7.5%$287.73
41,150 at 7.51%$288.01
41,150 at 7.52%$288.29
41,150 at 7.53%$288.57
41,150 at 7.54%$288.85
41,150 at 7.55%$289.14
41,150 at 7.56%$289.42
41,150 at 7.57%$289.70
41,150 at 7.58%$289.98
41,150 at 7.59%$290.27
41,150 at 7.6%$290.55
41,150 at 7.61%$290.83
41,150 at 7.62%$291.12
41,150 at 7.63%$291.40
41,150 at 7.64%$291.68
41,150 at 7.65%$291.97
41,150 at 7.66%$292.25
41,150 at 7.67%$292.53
41,150 at 7.68%$292.82
41,150 at 7.69%$293.10
41,150 at 7.7%$293.38
41,150 at 7.71%$293.67
41,150 at 7.72%$293.95
41,150 at 7.73%$294.24
41,150 at 7.74%$294.52
41,150 at 7.75%$294.80
41,150 at 7.76%$295.09
41,150 at 7.77%$295.37
41,150 at 7.78%$295.66
41,150 at 7.79%$295.94
41,150 at 7.8%$296.23
41,150 at 7.81%$296.51
41,150 at 7.82%$296.80
41,150 at 7.83%$297.08
41,150 at 7.84%$297.37
41,150 at 7.85%$297.65
41,150 at 7.86%$297.94
41,150 at 7.87%$298.22
41,150 at 7.88%$298.51
41,150 at 7.89%$298.79
41,150 at 7.9%$299.08
41,150 at 7.91%$299.37
41,150 at 7.92%$299.65
41,150 at 7.93%$299.94
41,150 at 7.94%$300.22
41,150 at 7.95%$300.51
41,150 at 7.96%$300.80
41,150 at 7.97%$301.08
41,150 at 7.98%$301.37
41,150 at 7.99%$301.66
41,150 at 8%$301.94
More Amounts
What is the down payment for a $41,150 house? How much do you need to put down?
Percent Down Down Payment
1%412
2%823
3%1,235
4%1,646
5%2,058
6%2,469
7%2,881
8%3,292
9%3,704
10%4,115
11%4,527
12%4,938
13%5,350
14%5,761
15%6,173
16%6,584
17%6,996
18%7,407
19%7,819
20%8,230
Percent Down Down Payment
21%8,642
22%9,053
23%9,465
24%9,876
25%10,288
26%10,699
27%11,111
28%11,522
29%11,934
30%12,345
31%12,757
32%13,168
33%13,580
34%13,991
35%14,403
36%14,814
37%15,226
38%15,637
39%16,049
40%16,460
Percent Down Down Payment
41%16,872
42%17,283
43%17,695
44%18,106
45%18,518
46%18,929
47%19,341
48%19,752
49%20,164
50%20,575
51%20,987
52%21,398
53%21,810
54%22,221
55%22,633
56%23,044
57%23,456
58%23,867
59%24,279
60%24,690
Percent Down Down Payment
61%25,102
62%25,513
63%25,925
64%26,336
65%26,748
66%27,159
67%27,571
68%27,982
69%28,394
70%28,805
71%29,217
72%29,628
73%30,040
74%30,451
75%30,863
76%31,274
77%31,686
78%32,097
79%32,509
80%32,920
Percent Down Down Payment
81%33,332
82%33,743
83%34,155
84%34,566
85%34,978
86%35,389
87%35,801
88%36,212
89%36,624
90%37,035
91%37,447
92%37,858
93%38,270
94%38,681
95%39,093
96%39,504
97%39,916
98%40,327
99%40,739
100%41,150
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.