$69,100 Mortgage for 30 Years

What is the monthly payment of a 69,100 dollar loan?
$
$
%
%
years
Loan Tables for a $69,100 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 69k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $69,100 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
69,100 at 2.01%$255.75
69,100 at 2.02%$256.10
69,100 at 2.03%$256.44
69,100 at 2.04%$256.79
69,100 at 2.05%$257.14
69,100 at 2.06%$257.49
69,100 at 2.07%$257.83
69,100 at 2.08%$258.18
69,100 at 2.09%$258.53
69,100 at 2.1%$258.88
69,100 at 2.11%$259.22
69,100 at 2.12%$259.57
69,100 at 2.13%$259.92
69,100 at 2.14%$260.27
69,100 at 2.15%$260.62
69,100 at 2.16%$260.97
69,100 at 2.17%$261.32
69,100 at 2.18%$261.67
69,100 at 2.19%$262.02
69,100 at 2.2%$262.37
69,100 at 2.21%$262.72
69,100 at 2.22%$263.08
69,100 at 2.23%$263.43
69,100 at 2.24%$263.78
69,100 at 2.25%$264.13
69,100 at 2.26%$264.48
69,100 at 2.27%$264.84
69,100 at 2.28%$265.19
69,100 at 2.29%$265.54
69,100 at 2.3%$265.90
69,100 at 2.31%$266.25
69,100 at 2.32%$266.61
69,100 at 2.33%$266.96
69,100 at 2.34%$267.32
69,100 at 2.35%$267.67
69,100 at 2.36%$268.03
69,100 at 2.37%$268.38
69,100 at 2.38%$268.74
69,100 at 2.39%$269.09
69,100 at 2.4%$269.45
69,100 at 2.41%$269.81
69,100 at 2.42%$270.16
69,100 at 2.43%$270.52
69,100 at 2.44%$270.88
69,100 at 2.45%$271.24
69,100 at 2.46%$271.59
69,100 at 2.47%$271.95
69,100 at 2.48%$272.31
69,100 at 2.49%$272.67
69,100 at 2.5%$273.03
69,100 at 2.51%$273.39
69,100 at 2.52%$273.75
69,100 at 2.53%$274.11
69,100 at 2.54%$274.47
69,100 at 2.55%$274.83
69,100 at 2.56%$275.19
69,100 at 2.57%$275.55
69,100 at 2.58%$275.91
69,100 at 2.59%$276.27
69,100 at 2.6%$276.63
69,100 at 2.61%$277.00
69,100 at 2.62%$277.36
69,100 at 2.63%$277.72
69,100 at 2.64%$278.08
69,100 at 2.65%$278.45
69,100 at 2.66%$278.81
69,100 at 2.67%$279.18
69,100 at 2.68%$279.54
69,100 at 2.69%$279.90
69,100 at 2.7%$280.27
69,100 at 2.71%$280.63
69,100 at 2.72%$281.00
69,100 at 2.73%$281.36
69,100 at 2.74%$281.73
69,100 at 2.75%$282.09
69,100 at 2.76%$282.46
69,100 at 2.77%$282.83
69,100 at 2.78%$283.19
69,100 at 2.79%$283.56
69,100 at 2.8%$283.93
69,100 at 2.81%$284.30
69,100 at 2.82%$284.66
69,100 at 2.83%$285.03
69,100 at 2.84%$285.40
69,100 at 2.85%$285.77
69,100 at 2.86%$286.14
69,100 at 2.87%$286.51
69,100 at 2.88%$286.88
69,100 at 2.89%$287.25
69,100 at 2.9%$287.61
69,100 at 2.91%$287.99
69,100 at 2.92%$288.36
69,100 at 2.93%$288.73
69,100 at 2.94%$289.10
69,100 at 2.95%$289.47
69,100 at 2.96%$289.84
69,100 at 2.97%$290.21
69,100 at 2.98%$290.58
69,100 at 2.99%$290.96
69,100 at 3%$291.33
69,100 at 3.01%$291.70
69,100 at 3.02%$292.07
69,100 at 3.03%$292.45
69,100 at 3.04%$292.82
69,100 at 3.05%$293.20
69,100 at 3.06%$293.57
69,100 at 3.07%$293.94
69,100 at 3.08%$294.32
69,100 at 3.09%$294.69
69,100 at 3.1%$295.07
69,100 at 3.11%$295.44
69,100 at 3.12%$295.82
69,100 at 3.13%$296.20
69,100 at 3.14%$296.57
69,100 at 3.15%$296.95
69,100 at 3.16%$297.32
69,100 at 3.17%$297.70
69,100 at 3.18%$298.08
69,100 at 3.19%$298.46
69,100 at 3.2%$298.83
69,100 at 3.21%$299.21
69,100 at 3.22%$299.59
69,100 at 3.23%$299.97
69,100 at 3.24%$300.35
69,100 at 3.25%$300.73
69,100 at 3.26%$301.11
69,100 at 3.27%$301.49
69,100 at 3.28%$301.87
69,100 at 3.29%$302.25
69,100 at 3.3%$302.63
69,100 at 3.31%$303.01
69,100 at 3.32%$303.39
69,100 at 3.33%$303.77
69,100 at 3.34%$304.15
69,100 at 3.35%$304.53
69,100 at 3.36%$304.92
69,100 at 3.37%$305.30
69,100 at 3.38%$305.68
69,100 at 3.39%$306.06
69,100 at 3.4%$306.45
69,100 at 3.41%$306.83
69,100 at 3.42%$307.21
69,100 at 3.43%$307.60
69,100 at 3.44%$307.98
69,100 at 3.45%$308.36
69,100 at 3.46%$308.75
69,100 at 3.47%$309.13
69,100 at 3.48%$309.52
69,100 at 3.49%$309.90
69,100 at 3.5%$310.29
Interest Rate 30 Year
69,100 at 3.51%$310.68
69,100 at 3.52%$311.06
69,100 at 3.53%$311.45
69,100 at 3.54%$311.83
69,100 at 3.55%$312.22
69,100 at 3.56%$312.61
69,100 at 3.57%$313.00
69,100 at 3.58%$313.38
69,100 at 3.59%$313.77
69,100 at 3.6%$314.16
69,100 at 3.61%$314.55
69,100 at 3.62%$314.94
69,100 at 3.63%$315.33
69,100 at 3.64%$315.72
69,100 at 3.65%$316.10
69,100 at 3.66%$316.49
69,100 at 3.67%$316.88
69,100 at 3.68%$317.27
69,100 at 3.69%$317.66
69,100 at 3.7%$318.06
69,100 at 3.71%$318.45
69,100 at 3.72%$318.84
69,100 at 3.73%$319.23
69,100 at 3.74%$319.62
69,100 at 3.75%$320.01
69,100 at 3.76%$320.41
69,100 at 3.77%$320.80
69,100 at 3.78%$321.19
69,100 at 3.79%$321.58
69,100 at 3.8%$321.98
69,100 at 3.81%$322.37
69,100 at 3.82%$322.76
69,100 at 3.83%$323.16
69,100 at 3.84%$323.55
69,100 at 3.85%$323.95
69,100 at 3.86%$324.34
69,100 at 3.87%$324.74
69,100 at 3.88%$325.13
69,100 at 3.89%$325.53
69,100 at 3.9%$325.92
69,100 at 3.91%$326.32
69,100 at 3.92%$326.71
69,100 at 3.93%$327.11
69,100 at 3.94%$327.51
69,100 at 3.95%$327.91
69,100 at 3.96%$328.30
69,100 at 3.97%$328.70
69,100 at 3.98%$329.10
69,100 at 3.99%$329.50
69,100 at 4%$329.89
69,100 at 4.01%$330.29
69,100 at 4.02%$330.69
69,100 at 4.03%$331.09
69,100 at 4.04%$331.49
69,100 at 4.05%$331.89
69,100 at 4.06%$332.29
69,100 at 4.07%$332.69
69,100 at 4.08%$333.09
69,100 at 4.09%$333.49
69,100 at 4.1%$333.89
69,100 at 4.11%$334.29
69,100 at 4.12%$334.69
69,100 at 4.13%$335.09
69,100 at 4.14%$335.50
69,100 at 4.15%$335.90
69,100 at 4.16%$336.30
69,100 at 4.17%$336.70
69,100 at 4.18%$337.10
69,100 at 4.19%$337.51
69,100 at 4.2%$337.91
69,100 at 4.21%$338.31
69,100 at 4.22%$338.72
69,100 at 4.23%$339.12
69,100 at 4.24%$339.53
69,100 at 4.25%$339.93
69,100 at 4.26%$340.34
69,100 at 4.27%$340.74
69,100 at 4.28%$341.15
69,100 at 4.29%$341.55
69,100 at 4.3%$341.96
69,100 at 4.31%$342.36
69,100 at 4.32%$342.77
69,100 at 4.33%$343.17
69,100 at 4.34%$343.58
69,100 at 4.35%$343.99
69,100 at 4.36%$344.40
69,100 at 4.37%$344.80
69,100 at 4.38%$345.21
69,100 at 4.39%$345.62
69,100 at 4.4%$346.03
69,100 at 4.41%$346.43
69,100 at 4.42%$346.84
69,100 at 4.43%$347.25
69,100 at 4.44%$347.66
69,100 at 4.45%$348.07
69,100 at 4.46%$348.48
69,100 at 4.47%$348.89
69,100 at 4.48%$349.30
69,100 at 4.49%$349.71
69,100 at 4.5%$350.12
69,100 at 4.51%$350.53
69,100 at 4.52%$350.94
69,100 at 4.53%$351.35
69,100 at 4.54%$351.76
69,100 at 4.55%$352.18
69,100 at 4.56%$352.59
69,100 at 4.57%$353.00
69,100 at 4.58%$353.41
69,100 at 4.59%$353.82
69,100 at 4.6%$354.24
69,100 at 4.61%$354.65
69,100 at 4.62%$355.06
69,100 at 4.63%$355.48
69,100 at 4.64%$355.89
69,100 at 4.65%$356.31
69,100 at 4.66%$356.72
69,100 at 4.67%$357.13
69,100 at 4.68%$357.55
69,100 at 4.69%$357.96
69,100 at 4.7%$358.38
69,100 at 4.71%$358.79
69,100 at 4.72%$359.21
69,100 at 4.73%$359.63
69,100 at 4.74%$360.04
69,100 at 4.75%$360.46
69,100 at 4.76%$360.87
69,100 at 4.77%$361.29
69,100 at 4.78%$361.71
69,100 at 4.79%$362.13
69,100 at 4.8%$362.54
69,100 at 4.81%$362.96
69,100 at 4.82%$363.38
69,100 at 4.83%$363.80
69,100 at 4.84%$364.22
69,100 at 4.85%$364.64
69,100 at 4.86%$365.05
69,100 at 4.87%$365.47
69,100 at 4.88%$365.89
69,100 at 4.89%$366.31
69,100 at 4.9%$366.73
69,100 at 4.91%$367.15
69,100 at 4.92%$367.57
69,100 at 4.93%$367.99
69,100 at 4.94%$368.41
69,100 at 4.95%$368.84
69,100 at 4.96%$369.26
69,100 at 4.97%$369.68
69,100 at 4.98%$370.10
69,100 at 4.99%$370.52
69,100 at 5%$370.94
Interest Rate 30 Year
69,100 at 5.01%$371.37
69,100 at 5.02%$371.79
69,100 at 5.03%$372.21
69,100 at 5.04%$372.63
69,100 at 5.05%$373.06
69,100 at 5.06%$373.48
69,100 at 5.07%$373.91
69,100 at 5.08%$374.33
69,100 at 5.09%$374.75
69,100 at 5.1%$375.18
69,100 at 5.11%$375.60
69,100 at 5.12%$376.03
69,100 at 5.13%$376.45
69,100 at 5.14%$376.88
69,100 at 5.15%$377.30
69,100 at 5.16%$377.73
69,100 at 5.17%$378.16
69,100 at 5.18%$378.58
69,100 at 5.19%$379.01
69,100 at 5.2%$379.44
69,100 at 5.21%$379.86
69,100 at 5.22%$380.29
69,100 at 5.23%$380.72
69,100 at 5.24%$381.14
69,100 at 5.25%$381.57
69,100 at 5.26%$382.00
69,100 at 5.27%$382.43
69,100 at 5.28%$382.86
69,100 at 5.29%$383.29
69,100 at 5.3%$383.72
69,100 at 5.31%$384.14
69,100 at 5.32%$384.57
69,100 at 5.33%$385.00
69,100 at 5.34%$385.43
69,100 at 5.35%$385.86
69,100 at 5.36%$386.29
69,100 at 5.37%$386.72
69,100 at 5.38%$387.16
69,100 at 5.39%$387.59
69,100 at 5.4%$388.02
69,100 at 5.41%$388.45
69,100 at 5.42%$388.88
69,100 at 5.43%$389.31
69,100 at 5.44%$389.74
69,100 at 5.45%$390.18
69,100 at 5.46%$390.61
69,100 at 5.47%$391.04
69,100 at 5.48%$391.48
69,100 at 5.49%$391.91
69,100 at 5.5%$392.34
69,100 at 5.51%$392.78
69,100 at 5.52%$393.21
69,100 at 5.53%$393.64
69,100 at 5.54%$394.08
69,100 at 5.55%$394.51
69,100 at 5.56%$394.95
69,100 at 5.57%$395.38
69,100 at 5.58%$395.82
69,100 at 5.59%$396.25
69,100 at 5.6%$396.69
69,100 at 5.61%$397.12
69,100 at 5.62%$397.56
69,100 at 5.63%$398.00
69,100 at 5.64%$398.43
69,100 at 5.65%$398.87
69,100 at 5.66%$399.31
69,100 at 5.67%$399.74
69,100 at 5.68%$400.18
69,100 at 5.69%$400.62
69,100 at 5.7%$401.06
69,100 at 5.71%$401.49
69,100 at 5.72%$401.93
69,100 at 5.73%$402.37
69,100 at 5.74%$402.81
69,100 at 5.75%$403.25
69,100 at 5.76%$403.69
69,100 at 5.77%$404.13
69,100 at 5.78%$404.57
69,100 at 5.79%$405.01
69,100 at 5.8%$405.45
69,100 at 5.81%$405.89
69,100 at 5.82%$406.33
69,100 at 5.83%$406.77
69,100 at 5.84%$407.21
69,100 at 5.85%$407.65
69,100 at 5.86%$408.09
69,100 at 5.87%$408.53
69,100 at 5.88%$408.97
69,100 at 5.89%$409.42
69,100 at 5.9%$409.86
69,100 at 5.91%$410.30
69,100 at 5.92%$410.74
69,100 at 5.93%$411.18
69,100 at 5.94%$411.63
69,100 at 5.95%$412.07
69,100 at 5.96%$412.51
69,100 at 5.97%$412.96
69,100 at 5.98%$413.40
69,100 at 5.99%$413.85
69,100 at 6%$414.29
69,100 at 6.01%$414.73
69,100 at 6.02%$415.18
69,100 at 6.03%$415.62
69,100 at 6.04%$416.07
69,100 at 6.05%$416.51
69,100 at 6.06%$416.96
69,100 at 6.07%$417.40
69,100 at 6.08%$417.85
69,100 at 6.09%$418.30
69,100 at 6.1%$418.74
69,100 at 6.11%$419.19
69,100 at 6.12%$419.64
69,100 at 6.13%$420.08
69,100 at 6.14%$420.53
69,100 at 6.15%$420.98
69,100 at 6.16%$421.42
69,100 at 6.17%$421.87
69,100 at 6.18%$422.32
69,100 at 6.19%$422.77
69,100 at 6.2%$423.22
69,100 at 6.21%$423.66
69,100 at 6.22%$424.11
69,100 at 6.23%$424.56
69,100 at 6.24%$425.01
69,100 at 6.25%$425.46
69,100 at 6.26%$425.91
69,100 at 6.27%$426.36
69,100 at 6.28%$426.81
69,100 at 6.29%$427.26
69,100 at 6.3%$427.71
69,100 at 6.31%$428.16
69,100 at 6.32%$428.61
69,100 at 6.33%$429.06
69,100 at 6.34%$429.51
69,100 at 6.35%$429.96
69,100 at 6.36%$430.42
69,100 at 6.37%$430.87
69,100 at 6.38%$431.32
69,100 at 6.39%$431.77
69,100 at 6.4%$432.22
69,100 at 6.41%$432.68
69,100 at 6.42%$433.13
69,100 at 6.43%$433.58
69,100 at 6.44%$434.04
69,100 at 6.45%$434.49
69,100 at 6.46%$434.94
69,100 at 6.47%$435.40
69,100 at 6.48%$435.85
69,100 at 6.49%$436.30
69,100 at 6.5%$436.76
Interest Rate 30 Year
69,100 at 6.51%$437.21
69,100 at 6.52%$437.67
69,100 at 6.53%$438.12
69,100 at 6.54%$438.58
69,100 at 6.55%$439.03
69,100 at 6.56%$439.49
69,100 at 6.57%$439.94
69,100 at 6.58%$440.40
69,100 at 6.59%$440.86
69,100 at 6.6%$441.31
69,100 at 6.61%$441.77
69,100 at 6.62%$442.23
69,100 at 6.63%$442.68
69,100 at 6.64%$443.14
69,100 at 6.65%$443.60
69,100 at 6.66%$444.06
69,100 at 6.67%$444.51
69,100 at 6.68%$444.97
69,100 at 6.69%$445.43
69,100 at 6.7%$445.89
69,100 at 6.71%$446.35
69,100 at 6.72%$446.80
69,100 at 6.73%$447.26
69,100 at 6.74%$447.72
69,100 at 6.75%$448.18
69,100 at 6.76%$448.64
69,100 at 6.77%$449.10
69,100 at 6.78%$449.56
69,100 at 6.79%$450.02
69,100 at 6.8%$450.48
69,100 at 6.81%$450.94
69,100 at 6.82%$451.40
69,100 at 6.83%$451.86
69,100 at 6.84%$452.32
69,100 at 6.85%$452.78
69,100 at 6.86%$453.25
69,100 at 6.87%$453.71
69,100 at 6.88%$454.17
69,100 at 6.89%$454.63
69,100 at 6.9%$455.09
69,100 at 6.91%$455.55
69,100 at 6.92%$456.02
69,100 at 6.93%$456.48
69,100 at 6.94%$456.94
69,100 at 6.95%$457.41
69,100 at 6.96%$457.87
69,100 at 6.97%$458.33
69,100 at 6.98%$458.80
69,100 at 6.99%$459.26
69,100 at 7%$459.72
69,100 at 7.01%$460.19
69,100 at 7.02%$460.65
69,100 at 7.03%$461.12
69,100 at 7.04%$461.58
69,100 at 7.05%$462.05
69,100 at 7.06%$462.51
69,100 at 7.07%$462.98
69,100 at 7.08%$463.44
69,100 at 7.09%$463.91
69,100 at 7.1%$464.37
69,100 at 7.11%$464.84
69,100 at 7.12%$465.31
69,100 at 7.13%$465.77
69,100 at 7.14%$466.24
69,100 at 7.15%$466.71
69,100 at 7.16%$467.17
69,100 at 7.17%$467.64
69,100 at 7.18%$468.11
69,100 at 7.19%$468.57
69,100 at 7.2%$469.04
69,100 at 7.21%$469.51
69,100 at 7.22%$469.98
69,100 at 7.23%$470.45
69,100 at 7.24%$470.92
69,100 at 7.25%$471.38
69,100 at 7.26%$471.85
69,100 at 7.27%$472.32
69,100 at 7.28%$472.79
69,100 at 7.29%$473.26
69,100 at 7.3%$473.73
69,100 at 7.31%$474.20
69,100 at 7.32%$474.67
69,100 at 7.33%$475.14
69,100 at 7.34%$475.61
69,100 at 7.35%$476.08
69,100 at 7.36%$476.55
69,100 at 7.37%$477.02
69,100 at 7.38%$477.49
69,100 at 7.39%$477.96
69,100 at 7.4%$478.43
69,100 at 7.41%$478.91
69,100 at 7.42%$479.38
69,100 at 7.43%$479.85
69,100 at 7.44%$480.32
69,100 at 7.45%$480.79
69,100 at 7.46%$481.27
69,100 at 7.47%$481.74
69,100 at 7.48%$482.21
69,100 at 7.49%$482.68
69,100 at 7.5%$483.16
69,100 at 7.51%$483.63
69,100 at 7.52%$484.10
69,100 at 7.53%$484.58
69,100 at 7.54%$485.05
69,100 at 7.55%$485.53
69,100 at 7.56%$486.00
69,100 at 7.57%$486.47
69,100 at 7.58%$486.95
69,100 at 7.59%$487.42
69,100 at 7.6%$487.90
69,100 at 7.61%$488.37
69,100 at 7.62%$488.85
69,100 at 7.63%$489.32
69,100 at 7.64%$489.80
69,100 at 7.65%$490.27
69,100 at 7.66%$490.75
69,100 at 7.67%$491.23
69,100 at 7.68%$491.70
69,100 at 7.69%$492.18
69,100 at 7.7%$492.66
69,100 at 7.71%$493.13
69,100 at 7.72%$493.61
69,100 at 7.73%$494.09
69,100 at 7.74%$494.56
69,100 at 7.75%$495.04
69,100 at 7.76%$495.52
69,100 at 7.77%$496.00
69,100 at 7.78%$496.47
69,100 at 7.79%$496.95
69,100 at 7.8%$497.43
69,100 at 7.81%$497.91
69,100 at 7.82%$498.39
69,100 at 7.83%$498.87
69,100 at 7.84%$499.35
69,100 at 7.85%$499.82
69,100 at 7.86%$500.30
69,100 at 7.87%$500.78
69,100 at 7.88%$501.26
69,100 at 7.89%$501.74
69,100 at 7.9%$502.22
69,100 at 7.91%$502.70
69,100 at 7.92%$503.18
69,100 at 7.93%$503.66
69,100 at 7.94%$504.14
69,100 at 7.95%$504.62
69,100 at 7.96%$505.11
69,100 at 7.97%$505.59
69,100 at 7.98%$506.07
69,100 at 7.99%$506.55
69,100 at 8%$507.03
More Amounts
What is the down payment for a $69,100 house? How much do you need to put down?
Percent Down Down Payment
1%691
2%1,382
3%2,073
4%2,764
5%3,455
6%4,146
7%4,837
8%5,528
9%6,219
10%6,910
11%7,601
12%8,292
13%8,983
14%9,674
15%10,365
16%11,056
17%11,747
18%12,438
19%13,129
20%13,820
Percent Down Down Payment
21%14,511
22%15,202
23%15,893
24%16,584
25%17,275
26%17,966
27%18,657
28%19,348
29%20,039
30%20,730
31%21,421
32%22,112
33%22,803
34%23,494
35%24,185
36%24,876
37%25,567
38%26,258
39%26,949
40%27,640
Percent Down Down Payment
41%28,331
42%29,022
43%29,713
44%30,404
45%31,095
46%31,786
47%32,477
48%33,168
49%33,859
50%34,550
51%35,241
52%35,932
53%36,623
54%37,314
55%38,005
56%38,696
57%39,387
58%40,078
59%40,769
60%41,460
Percent Down Down Payment
61%42,151
62%42,842
63%43,533
64%44,224
65%44,915
66%45,606
67%46,297
68%46,988
69%47,679
70%48,370
71%49,061
72%49,752
73%50,443
74%51,134
75%51,825
76%52,516
77%53,207
78%53,898
79%54,589
80%55,280
Percent Down Down Payment
81%55,971
82%56,662
83%57,353
84%58,044
85%58,735
86%59,426
87%60,117
88%60,808
89%61,499
90%62,190
91%62,881
92%63,572
93%64,263
94%64,954
95%65,645
96%66,336
97%67,027
98%67,718
99%68,409
100%69,100
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.