$66,400 Mortgage for 30 Years

What is the monthly payment of a 66,400 dollar loan?
$
$
%
%
years
Loan Tables for a $66,400 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 66k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $66,400 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
66,400 at 2.01%$245.76
66,400 at 2.02%$246.09
66,400 at 2.03%$246.42
66,400 at 2.04%$246.76
66,400 at 2.05%$247.09
66,400 at 2.06%$247.42
66,400 at 2.07%$247.76
66,400 at 2.08%$248.09
66,400 at 2.09%$248.43
66,400 at 2.1%$248.76
66,400 at 2.11%$249.10
66,400 at 2.12%$249.43
66,400 at 2.13%$249.77
66,400 at 2.14%$250.10
66,400 at 2.15%$250.44
66,400 at 2.16%$250.77
66,400 at 2.17%$251.11
66,400 at 2.18%$251.45
66,400 at 2.19%$251.78
66,400 at 2.2%$252.12
66,400 at 2.21%$252.46
66,400 at 2.22%$252.80
66,400 at 2.23%$253.13
66,400 at 2.24%$253.47
66,400 at 2.25%$253.81
66,400 at 2.26%$254.15
66,400 at 2.27%$254.49
66,400 at 2.28%$254.83
66,400 at 2.29%$255.17
66,400 at 2.3%$255.51
66,400 at 2.31%$255.85
66,400 at 2.32%$256.19
66,400 at 2.33%$256.53
66,400 at 2.34%$256.87
66,400 at 2.35%$257.21
66,400 at 2.36%$257.55
66,400 at 2.37%$257.89
66,400 at 2.38%$258.24
66,400 at 2.39%$258.58
66,400 at 2.4%$258.92
66,400 at 2.41%$259.26
66,400 at 2.42%$259.61
66,400 at 2.43%$259.95
66,400 at 2.44%$260.29
66,400 at 2.45%$260.64
66,400 at 2.46%$260.98
66,400 at 2.47%$261.33
66,400 at 2.48%$261.67
66,400 at 2.49%$262.02
66,400 at 2.5%$262.36
66,400 at 2.51%$262.71
66,400 at 2.52%$263.05
66,400 at 2.53%$263.40
66,400 at 2.54%$263.74
66,400 at 2.55%$264.09
66,400 at 2.56%$264.44
66,400 at 2.57%$264.78
66,400 at 2.58%$265.13
66,400 at 2.59%$265.48
66,400 at 2.6%$265.83
66,400 at 2.61%$266.17
66,400 at 2.62%$266.52
66,400 at 2.63%$266.87
66,400 at 2.64%$267.22
66,400 at 2.65%$267.57
66,400 at 2.66%$267.92
66,400 at 2.67%$268.27
66,400 at 2.68%$268.62
66,400 at 2.69%$268.97
66,400 at 2.7%$269.32
66,400 at 2.71%$269.67
66,400 at 2.72%$270.02
66,400 at 2.73%$270.37
66,400 at 2.74%$270.72
66,400 at 2.75%$271.07
66,400 at 2.76%$271.42
66,400 at 2.77%$271.78
66,400 at 2.78%$272.13
66,400 at 2.79%$272.48
66,400 at 2.8%$272.83
66,400 at 2.81%$273.19
66,400 at 2.82%$273.54
66,400 at 2.83%$273.89
66,400 at 2.84%$274.25
66,400 at 2.85%$274.60
66,400 at 2.86%$274.96
66,400 at 2.87%$275.31
66,400 at 2.88%$275.67
66,400 at 2.89%$276.02
66,400 at 2.9%$276.38
66,400 at 2.91%$276.73
66,400 at 2.92%$277.09
66,400 at 2.93%$277.44
66,400 at 2.94%$277.80
66,400 at 2.95%$278.16
66,400 at 2.96%$278.51
66,400 at 2.97%$278.87
66,400 at 2.98%$279.23
66,400 at 2.99%$279.59
66,400 at 3%$279.95
66,400 at 3.01%$280.30
66,400 at 3.02%$280.66
66,400 at 3.03%$281.02
66,400 at 3.04%$281.38
66,400 at 3.05%$281.74
66,400 at 3.06%$282.10
66,400 at 3.07%$282.46
66,400 at 3.08%$282.82
66,400 at 3.09%$283.18
66,400 at 3.1%$283.54
66,400 at 3.11%$283.90
66,400 at 3.12%$284.26
66,400 at 3.13%$284.62
66,400 at 3.14%$284.98
66,400 at 3.15%$285.35
66,400 at 3.16%$285.71
66,400 at 3.17%$286.07
66,400 at 3.18%$286.43
66,400 at 3.19%$286.79
66,400 at 3.2%$287.16
66,400 at 3.21%$287.52
66,400 at 3.22%$287.88
66,400 at 3.23%$288.25
66,400 at 3.24%$288.61
66,400 at 3.25%$288.98
66,400 at 3.26%$289.34
66,400 at 3.27%$289.71
66,400 at 3.28%$290.07
66,400 at 3.29%$290.44
66,400 at 3.3%$290.80
66,400 at 3.31%$291.17
66,400 at 3.32%$291.53
66,400 at 3.33%$291.90
66,400 at 3.34%$292.27
66,400 at 3.35%$292.63
66,400 at 3.36%$293.00
66,400 at 3.37%$293.37
66,400 at 3.38%$293.74
66,400 at 3.39%$294.10
66,400 at 3.4%$294.47
66,400 at 3.41%$294.84
66,400 at 3.42%$295.21
66,400 at 3.43%$295.58
66,400 at 3.44%$295.95
66,400 at 3.45%$296.32
66,400 at 3.46%$296.69
66,400 at 3.47%$297.05
66,400 at 3.48%$297.42
66,400 at 3.49%$297.80
66,400 at 3.5%$298.17
Interest Rate 30 Year
66,400 at 3.51%$298.54
66,400 at 3.52%$298.91
66,400 at 3.53%$299.28
66,400 at 3.54%$299.65
66,400 at 3.55%$300.02
66,400 at 3.56%$300.39
66,400 at 3.57%$300.77
66,400 at 3.58%$301.14
66,400 at 3.59%$301.51
66,400 at 3.6%$301.88
66,400 at 3.61%$302.26
66,400 at 3.62%$302.63
66,400 at 3.63%$303.00
66,400 at 3.64%$303.38
66,400 at 3.65%$303.75
66,400 at 3.66%$304.13
66,400 at 3.67%$304.50
66,400 at 3.68%$304.88
66,400 at 3.69%$305.25
66,400 at 3.7%$305.63
66,400 at 3.71%$306.00
66,400 at 3.72%$306.38
66,400 at 3.73%$306.76
66,400 at 3.74%$307.13
66,400 at 3.75%$307.51
66,400 at 3.76%$307.89
66,400 at 3.77%$308.26
66,400 at 3.78%$308.64
66,400 at 3.79%$309.02
66,400 at 3.8%$309.40
66,400 at 3.81%$309.77
66,400 at 3.82%$310.15
66,400 at 3.83%$310.53
66,400 at 3.84%$310.91
66,400 at 3.85%$311.29
66,400 at 3.86%$311.67
66,400 at 3.87%$312.05
66,400 at 3.88%$312.43
66,400 at 3.89%$312.81
66,400 at 3.9%$313.19
66,400 at 3.91%$313.57
66,400 at 3.92%$313.95
66,400 at 3.93%$314.33
66,400 at 3.94%$314.71
66,400 at 3.95%$315.09
66,400 at 3.96%$315.47
66,400 at 3.97%$315.86
66,400 at 3.98%$316.24
66,400 at 3.99%$316.62
66,400 at 4%$317.00
66,400 at 4.01%$317.39
66,400 at 4.02%$317.77
66,400 at 4.03%$318.15
66,400 at 4.04%$318.54
66,400 at 4.05%$318.92
66,400 at 4.06%$319.30
66,400 at 4.07%$319.69
66,400 at 4.08%$320.07
66,400 at 4.09%$320.46
66,400 at 4.1%$320.84
66,400 at 4.11%$321.23
66,400 at 4.12%$321.61
66,400 at 4.13%$322.00
66,400 at 4.14%$322.39
66,400 at 4.15%$322.77
66,400 at 4.16%$323.16
66,400 at 4.17%$323.55
66,400 at 4.18%$323.93
66,400 at 4.19%$324.32
66,400 at 4.2%$324.71
66,400 at 4.21%$325.10
66,400 at 4.22%$325.48
66,400 at 4.23%$325.87
66,400 at 4.24%$326.26
66,400 at 4.25%$326.65
66,400 at 4.26%$327.04
66,400 at 4.27%$327.43
66,400 at 4.28%$327.82
66,400 at 4.29%$328.20
66,400 at 4.3%$328.59
66,400 at 4.31%$328.98
66,400 at 4.32%$329.37
66,400 at 4.33%$329.77
66,400 at 4.34%$330.16
66,400 at 4.35%$330.55
66,400 at 4.36%$330.94
66,400 at 4.37%$331.33
66,400 at 4.38%$331.72
66,400 at 4.39%$332.11
66,400 at 4.4%$332.51
66,400 at 4.41%$332.90
66,400 at 4.42%$333.29
66,400 at 4.43%$333.68
66,400 at 4.44%$334.08
66,400 at 4.45%$334.47
66,400 at 4.46%$334.86
66,400 at 4.47%$335.26
66,400 at 4.48%$335.65
66,400 at 4.49%$336.04
66,400 at 4.5%$336.44
66,400 at 4.51%$336.83
66,400 at 4.52%$337.23
66,400 at 4.53%$337.62
66,400 at 4.54%$338.02
66,400 at 4.55%$338.41
66,400 at 4.56%$338.81
66,400 at 4.57%$339.21
66,400 at 4.58%$339.60
66,400 at 4.59%$340.00
66,400 at 4.6%$340.40
66,400 at 4.61%$340.79
66,400 at 4.62%$341.19
66,400 at 4.63%$341.59
66,400 at 4.64%$341.98
66,400 at 4.65%$342.38
66,400 at 4.66%$342.78
66,400 at 4.67%$343.18
66,400 at 4.68%$343.58
66,400 at 4.69%$343.98
66,400 at 4.7%$344.38
66,400 at 4.71%$344.77
66,400 at 4.72%$345.17
66,400 at 4.73%$345.57
66,400 at 4.74%$345.97
66,400 at 4.75%$346.37
66,400 at 4.76%$346.77
66,400 at 4.77%$347.17
66,400 at 4.78%$347.58
66,400 at 4.79%$347.98
66,400 at 4.8%$348.38
66,400 at 4.81%$348.78
66,400 at 4.82%$349.18
66,400 at 4.83%$349.58
66,400 at 4.84%$349.99
66,400 at 4.85%$350.39
66,400 at 4.86%$350.79
66,400 at 4.87%$351.19
66,400 at 4.88%$351.60
66,400 at 4.89%$352.00
66,400 at 4.9%$352.40
66,400 at 4.91%$352.81
66,400 at 4.92%$353.21
66,400 at 4.93%$353.61
66,400 at 4.94%$354.02
66,400 at 4.95%$354.42
66,400 at 4.96%$354.83
66,400 at 4.97%$355.23
66,400 at 4.98%$355.64
66,400 at 4.99%$356.04
66,400 at 5%$356.45
Interest Rate 30 Year
66,400 at 5.01%$356.86
66,400 at 5.02%$357.26
66,400 at 5.03%$357.67
66,400 at 5.04%$358.07
66,400 at 5.05%$358.48
66,400 at 5.06%$358.89
66,400 at 5.07%$359.30
66,400 at 5.08%$359.70
66,400 at 5.09%$360.11
66,400 at 5.1%$360.52
66,400 at 5.11%$360.93
66,400 at 5.12%$361.34
66,400 at 5.13%$361.74
66,400 at 5.14%$362.15
66,400 at 5.15%$362.56
66,400 at 5.16%$362.97
66,400 at 5.17%$363.38
66,400 at 5.18%$363.79
66,400 at 5.19%$364.20
66,400 at 5.2%$364.61
66,400 at 5.21%$365.02
66,400 at 5.22%$365.43
66,400 at 5.23%$365.84
66,400 at 5.24%$366.25
66,400 at 5.25%$366.66
66,400 at 5.26%$367.07
66,400 at 5.27%$367.49
66,400 at 5.28%$367.90
66,400 at 5.29%$368.31
66,400 at 5.3%$368.72
66,400 at 5.31%$369.13
66,400 at 5.32%$369.55
66,400 at 5.33%$369.96
66,400 at 5.34%$370.37
66,400 at 5.35%$370.79
66,400 at 5.36%$371.20
66,400 at 5.37%$371.61
66,400 at 5.38%$372.03
66,400 at 5.39%$372.44
66,400 at 5.4%$372.86
66,400 at 5.41%$373.27
66,400 at 5.42%$373.69
66,400 at 5.43%$374.10
66,400 at 5.44%$374.52
66,400 at 5.45%$374.93
66,400 at 5.46%$375.35
66,400 at 5.47%$375.76
66,400 at 5.48%$376.18
66,400 at 5.49%$376.60
66,400 at 5.5%$377.01
66,400 at 5.51%$377.43
66,400 at 5.52%$377.85
66,400 at 5.53%$378.26
66,400 at 5.54%$378.68
66,400 at 5.55%$379.10
66,400 at 5.56%$379.52
66,400 at 5.57%$379.93
66,400 at 5.58%$380.35
66,400 at 5.59%$380.77
66,400 at 5.6%$381.19
66,400 at 5.61%$381.61
66,400 at 5.62%$382.03
66,400 at 5.63%$382.45
66,400 at 5.64%$382.86
66,400 at 5.65%$383.28
66,400 at 5.66%$383.70
66,400 at 5.67%$384.12
66,400 at 5.68%$384.54
66,400 at 5.69%$384.97
66,400 at 5.7%$385.39
66,400 at 5.71%$385.81
66,400 at 5.72%$386.23
66,400 at 5.73%$386.65
66,400 at 5.74%$387.07
66,400 at 5.75%$387.49
66,400 at 5.76%$387.91
66,400 at 5.77%$388.34
66,400 at 5.78%$388.76
66,400 at 5.79%$389.18
66,400 at 5.8%$389.60
66,400 at 5.81%$390.03
66,400 at 5.82%$390.45
66,400 at 5.83%$390.87
66,400 at 5.84%$391.30
66,400 at 5.85%$391.72
66,400 at 5.86%$392.14
66,400 at 5.87%$392.57
66,400 at 5.88%$392.99
66,400 at 5.89%$393.42
66,400 at 5.9%$393.84
66,400 at 5.91%$394.27
66,400 at 5.92%$394.69
66,400 at 5.93%$395.12
66,400 at 5.94%$395.54
66,400 at 5.95%$395.97
66,400 at 5.96%$396.40
66,400 at 5.97%$396.82
66,400 at 5.98%$397.25
66,400 at 5.99%$397.67
66,400 at 6%$398.10
66,400 at 6.01%$398.53
66,400 at 6.02%$398.96
66,400 at 6.03%$399.38
66,400 at 6.04%$399.81
66,400 at 6.05%$400.24
66,400 at 6.06%$400.67
66,400 at 6.07%$401.09
66,400 at 6.08%$401.52
66,400 at 6.09%$401.95
66,400 at 6.1%$402.38
66,400 at 6.11%$402.81
66,400 at 6.12%$403.24
66,400 at 6.13%$403.67
66,400 at 6.14%$404.10
66,400 at 6.15%$404.53
66,400 at 6.16%$404.96
66,400 at 6.17%$405.39
66,400 at 6.18%$405.82
66,400 at 6.19%$406.25
66,400 at 6.2%$406.68
66,400 at 6.21%$407.11
66,400 at 6.22%$407.54
66,400 at 6.23%$407.97
66,400 at 6.24%$408.40
66,400 at 6.25%$408.84
66,400 at 6.26%$409.27
66,400 at 6.27%$409.70
66,400 at 6.28%$410.13
66,400 at 6.29%$410.57
66,400 at 6.3%$411.00
66,400 at 6.31%$411.43
66,400 at 6.32%$411.86
66,400 at 6.33%$412.30
66,400 at 6.34%$412.73
66,400 at 6.35%$413.16
66,400 at 6.36%$413.60
66,400 at 6.37%$414.03
66,400 at 6.38%$414.47
66,400 at 6.39%$414.90
66,400 at 6.4%$415.34
66,400 at 6.41%$415.77
66,400 at 6.42%$416.21
66,400 at 6.43%$416.64
66,400 at 6.44%$417.08
66,400 at 6.45%$417.51
66,400 at 6.46%$417.95
66,400 at 6.47%$418.38
66,400 at 6.48%$418.82
66,400 at 6.49%$419.26
66,400 at 6.5%$419.69
Interest Rate 30 Year
66,400 at 6.51%$420.13
66,400 at 6.52%$420.57
66,400 at 6.53%$421.00
66,400 at 6.54%$421.44
66,400 at 6.55%$421.88
66,400 at 6.56%$422.32
66,400 at 6.57%$422.75
66,400 at 6.58%$423.19
66,400 at 6.59%$423.63
66,400 at 6.6%$424.07
66,400 at 6.61%$424.51
66,400 at 6.62%$424.95
66,400 at 6.63%$425.39
66,400 at 6.64%$425.83
66,400 at 6.65%$426.26
66,400 at 6.66%$426.70
66,400 at 6.67%$427.14
66,400 at 6.68%$427.58
66,400 at 6.69%$428.02
66,400 at 6.7%$428.46
66,400 at 6.71%$428.91
66,400 at 6.72%$429.35
66,400 at 6.73%$429.79
66,400 at 6.74%$430.23
66,400 at 6.75%$430.67
66,400 at 6.76%$431.11
66,400 at 6.77%$431.55
66,400 at 6.78%$431.99
66,400 at 6.79%$432.44
66,400 at 6.8%$432.88
66,400 at 6.81%$433.32
66,400 at 6.82%$433.76
66,400 at 6.83%$434.21
66,400 at 6.84%$434.65
66,400 at 6.85%$435.09
66,400 at 6.86%$435.54
66,400 at 6.87%$435.98
66,400 at 6.88%$436.42
66,400 at 6.89%$436.87
66,400 at 6.9%$437.31
66,400 at 6.91%$437.75
66,400 at 6.92%$438.20
66,400 at 6.93%$438.64
66,400 at 6.94%$439.09
66,400 at 6.95%$439.53
66,400 at 6.96%$439.98
66,400 at 6.97%$440.42
66,400 at 6.98%$440.87
66,400 at 6.99%$441.32
66,400 at 7%$441.76
66,400 at 7.01%$442.21
66,400 at 7.02%$442.65
66,400 at 7.03%$443.10
66,400 at 7.04%$443.55
66,400 at 7.05%$443.99
66,400 at 7.06%$444.44
66,400 at 7.07%$444.89
66,400 at 7.08%$445.33
66,400 at 7.09%$445.78
66,400 at 7.1%$446.23
66,400 at 7.11%$446.68
66,400 at 7.12%$447.13
66,400 at 7.13%$447.57
66,400 at 7.14%$448.02
66,400 at 7.15%$448.47
66,400 at 7.16%$448.92
66,400 at 7.17%$449.37
66,400 at 7.18%$449.82
66,400 at 7.19%$450.27
66,400 at 7.2%$450.72
66,400 at 7.21%$451.16
66,400 at 7.22%$451.61
66,400 at 7.23%$452.06
66,400 at 7.24%$452.51
66,400 at 7.25%$452.97
66,400 at 7.26%$453.42
66,400 at 7.27%$453.87
66,400 at 7.28%$454.32
66,400 at 7.29%$454.77
66,400 at 7.3%$455.22
66,400 at 7.31%$455.67
66,400 at 7.32%$456.12
66,400 at 7.33%$456.57
66,400 at 7.34%$457.03
66,400 at 7.35%$457.48
66,400 at 7.36%$457.93
66,400 at 7.37%$458.38
66,400 at 7.38%$458.83
66,400 at 7.39%$459.29
66,400 at 7.4%$459.74
66,400 at 7.41%$460.19
66,400 at 7.42%$460.65
66,400 at 7.43%$461.10
66,400 at 7.44%$461.55
66,400 at 7.45%$462.01
66,400 at 7.46%$462.46
66,400 at 7.47%$462.92
66,400 at 7.48%$463.37
66,400 at 7.49%$463.82
66,400 at 7.5%$464.28
66,400 at 7.51%$464.73
66,400 at 7.52%$465.19
66,400 at 7.53%$465.64
66,400 at 7.54%$466.10
66,400 at 7.55%$466.55
66,400 at 7.56%$467.01
66,400 at 7.57%$467.47
66,400 at 7.58%$467.92
66,400 at 7.59%$468.38
66,400 at 7.6%$468.83
66,400 at 7.61%$469.29
66,400 at 7.62%$469.75
66,400 at 7.63%$470.20
66,400 at 7.64%$470.66
66,400 at 7.65%$471.12
66,400 at 7.66%$471.57
66,400 at 7.67%$472.03
66,400 at 7.68%$472.49
66,400 at 7.69%$472.95
66,400 at 7.7%$473.41
66,400 at 7.71%$473.86
66,400 at 7.72%$474.32
66,400 at 7.73%$474.78
66,400 at 7.74%$475.24
66,400 at 7.75%$475.70
66,400 at 7.76%$476.16
66,400 at 7.77%$476.62
66,400 at 7.78%$477.08
66,400 at 7.79%$477.53
66,400 at 7.8%$477.99
66,400 at 7.81%$478.45
66,400 at 7.82%$478.91
66,400 at 7.83%$479.37
66,400 at 7.84%$479.83
66,400 at 7.85%$480.29
66,400 at 7.86%$480.75
66,400 at 7.87%$481.22
66,400 at 7.88%$481.68
66,400 at 7.89%$482.14
66,400 at 7.9%$482.60
66,400 at 7.91%$483.06
66,400 at 7.92%$483.52
66,400 at 7.93%$483.98
66,400 at 7.94%$484.45
66,400 at 7.95%$484.91
66,400 at 7.96%$485.37
66,400 at 7.97%$485.83
66,400 at 7.98%$486.29
66,400 at 7.99%$486.76
66,400 at 8%$487.22
More Amounts
What is the down payment for a $66,400 house? How much do you need to put down?
Percent Down Down Payment
1%664
2%1,328
3%1,992
4%2,656
5%3,320
6%3,984
7%4,648
8%5,312
9%5,976
10%6,640
11%7,304
12%7,968
13%8,632
14%9,296
15%9,960
16%10,624
17%11,288
18%11,952
19%12,616
20%13,280
Percent Down Down Payment
21%13,944
22%14,608
23%15,272
24%15,936
25%16,600
26%17,264
27%17,928
28%18,592
29%19,256
30%19,920
31%20,584
32%21,248
33%21,912
34%22,576
35%23,240
36%23,904
37%24,568
38%25,232
39%25,896
40%26,560
Percent Down Down Payment
41%27,224
42%27,888
43%28,552
44%29,216
45%29,880
46%30,544
47%31,208
48%31,872
49%32,536
50%33,200
51%33,864
52%34,528
53%35,192
54%35,856
55%36,520
56%37,184
57%37,848
58%38,512
59%39,176
60%39,840
Percent Down Down Payment
61%40,504
62%41,168
63%41,832
64%42,496
65%43,160
66%43,824
67%44,488
68%45,152
69%45,816
70%46,480
71%47,144
72%47,808
73%48,472
74%49,136
75%49,800
76%50,464
77%51,128
78%51,792
79%52,456
80%53,120
Percent Down Down Payment
81%53,784
82%54,448
83%55,112
84%55,776
85%56,440
86%57,104
87%57,768
88%58,432
89%59,096
90%59,760
91%60,424
92%61,088
93%61,752
94%62,416
95%63,080
96%63,744
97%64,408
98%65,072
99%65,736
100%66,400
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.