$72,450 Mortgage for 30 Years

What is the monthly payment of a 72,450 dollar loan?
$
$
%
%
years
Loan Tables for a $72,450 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 72k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $72,450 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
72,450 at 2.01%$268.15
72,450 at 2.02%$268.51
72,450 at 2.03%$268.88
72,450 at 2.04%$269.24
72,450 at 2.05%$269.60
72,450 at 2.06%$269.97
72,450 at 2.07%$270.33
72,450 at 2.08%$270.70
72,450 at 2.09%$271.06
72,450 at 2.1%$271.43
72,450 at 2.11%$271.79
72,450 at 2.12%$272.16
72,450 at 2.13%$272.52
72,450 at 2.14%$272.89
72,450 at 2.15%$273.26
72,450 at 2.16%$273.62
72,450 at 2.17%$273.99
72,450 at 2.18%$274.36
72,450 at 2.19%$274.73
72,450 at 2.2%$275.09
72,450 at 2.21%$275.46
72,450 at 2.22%$275.83
72,450 at 2.23%$276.20
72,450 at 2.24%$276.57
72,450 at 2.25%$276.94
72,450 at 2.26%$277.31
72,450 at 2.27%$277.68
72,450 at 2.28%$278.05
72,450 at 2.29%$278.42
72,450 at 2.3%$278.79
72,450 at 2.31%$279.16
72,450 at 2.32%$279.53
72,450 at 2.33%$279.90
72,450 at 2.34%$280.27
72,450 at 2.35%$280.65
72,450 at 2.36%$281.02
72,450 at 2.37%$281.39
72,450 at 2.38%$281.77
72,450 at 2.39%$282.14
72,450 at 2.4%$282.51
72,450 at 2.41%$282.89
72,450 at 2.42%$283.26
72,450 at 2.43%$283.64
72,450 at 2.44%$284.01
72,450 at 2.45%$284.39
72,450 at 2.46%$284.76
72,450 at 2.47%$285.14
72,450 at 2.48%$285.51
72,450 at 2.49%$285.89
72,450 at 2.5%$286.27
72,450 at 2.51%$286.64
72,450 at 2.52%$287.02
72,450 at 2.53%$287.40
72,450 at 2.54%$287.77
72,450 at 2.55%$288.15
72,450 at 2.56%$288.53
72,450 at 2.57%$288.91
72,450 at 2.58%$289.29
72,450 at 2.59%$289.67
72,450 at 2.6%$290.05
72,450 at 2.61%$290.43
72,450 at 2.62%$290.81
72,450 at 2.63%$291.19
72,450 at 2.64%$291.57
72,450 at 2.65%$291.95
72,450 at 2.66%$292.33
72,450 at 2.67%$292.71
72,450 at 2.68%$293.09
72,450 at 2.69%$293.47
72,450 at 2.7%$293.86
72,450 at 2.71%$294.24
72,450 at 2.72%$294.62
72,450 at 2.73%$295.00
72,450 at 2.74%$295.39
72,450 at 2.75%$295.77
72,450 at 2.76%$296.15
72,450 at 2.77%$296.54
72,450 at 2.78%$296.92
72,450 at 2.79%$297.31
72,450 at 2.8%$297.69
72,450 at 2.81%$298.08
72,450 at 2.82%$298.46
72,450 at 2.83%$298.85
72,450 at 2.84%$299.24
72,450 at 2.85%$299.62
72,450 at 2.86%$300.01
72,450 at 2.87%$300.40
72,450 at 2.88%$300.78
72,450 at 2.89%$301.17
72,450 at 2.9%$301.56
72,450 at 2.91%$301.95
72,450 at 2.92%$302.34
72,450 at 2.93%$302.72
72,450 at 2.94%$303.11
72,450 at 2.95%$303.50
72,450 at 2.96%$303.89
72,450 at 2.97%$304.28
72,450 at 2.98%$304.67
72,450 at 2.99%$305.06
72,450 at 3%$305.45
72,450 at 3.01%$305.84
72,450 at 3.02%$306.23
72,450 at 3.03%$306.63
72,450 at 3.04%$307.02
72,450 at 3.05%$307.41
72,450 at 3.06%$307.80
72,450 at 3.07%$308.19
72,450 at 3.08%$308.59
72,450 at 3.09%$308.98
72,450 at 3.1%$309.37
72,450 at 3.11%$309.77
72,450 at 3.12%$310.16
72,450 at 3.13%$310.56
72,450 at 3.14%$310.95
72,450 at 3.15%$311.34
72,450 at 3.16%$311.74
72,450 at 3.17%$312.13
72,450 at 3.18%$312.53
72,450 at 3.19%$312.93
72,450 at 3.2%$313.32
72,450 at 3.21%$313.72
72,450 at 3.22%$314.12
72,450 at 3.23%$314.51
72,450 at 3.24%$314.91
72,450 at 3.25%$315.31
72,450 at 3.26%$315.70
72,450 at 3.27%$316.10
72,450 at 3.28%$316.50
72,450 at 3.29%$316.90
72,450 at 3.3%$317.30
72,450 at 3.31%$317.70
72,450 at 3.32%$318.10
72,450 at 3.33%$318.50
72,450 at 3.34%$318.90
72,450 at 3.35%$319.30
72,450 at 3.36%$319.70
72,450 at 3.37%$320.10
72,450 at 3.38%$320.50
72,450 at 3.39%$320.90
72,450 at 3.4%$321.30
72,450 at 3.41%$321.70
72,450 at 3.42%$322.11
72,450 at 3.43%$322.51
72,450 at 3.44%$322.91
72,450 at 3.45%$323.31
72,450 at 3.46%$323.72
72,450 at 3.47%$324.12
72,450 at 3.48%$324.52
72,450 at 3.49%$324.93
72,450 at 3.5%$325.33
Interest Rate 30 Year
72,450 at 3.51%$325.74
72,450 at 3.52%$326.14
72,450 at 3.53%$326.55
72,450 at 3.54%$326.95
72,450 at 3.55%$327.36
72,450 at 3.56%$327.76
72,450 at 3.57%$328.17
72,450 at 3.58%$328.58
72,450 at 3.59%$328.98
72,450 at 3.6%$329.39
72,450 at 3.61%$329.80
72,450 at 3.62%$330.21
72,450 at 3.63%$330.61
72,450 at 3.64%$331.02
72,450 at 3.65%$331.43
72,450 at 3.66%$331.84
72,450 at 3.67%$332.25
72,450 at 3.68%$332.66
72,450 at 3.69%$333.07
72,450 at 3.7%$333.48
72,450 at 3.71%$333.88
72,450 at 3.72%$334.30
72,450 at 3.73%$334.71
72,450 at 3.74%$335.12
72,450 at 3.75%$335.53
72,450 at 3.76%$335.94
72,450 at 3.77%$336.35
72,450 at 3.78%$336.76
72,450 at 3.79%$337.17
72,450 at 3.8%$337.59
72,450 at 3.81%$338.00
72,450 at 3.82%$338.41
72,450 at 3.83%$338.82
72,450 at 3.84%$339.24
72,450 at 3.85%$339.65
72,450 at 3.86%$340.07
72,450 at 3.87%$340.48
72,450 at 3.88%$340.89
72,450 at 3.89%$341.31
72,450 at 3.9%$341.72
72,450 at 3.91%$342.14
72,450 at 3.92%$342.55
72,450 at 3.93%$342.97
72,450 at 3.94%$343.39
72,450 at 3.95%$343.80
72,450 at 3.96%$344.22
72,450 at 3.97%$344.64
72,450 at 3.98%$345.05
72,450 at 3.99%$345.47
72,450 at 4%$345.89
72,450 at 4.01%$346.31
72,450 at 4.02%$346.72
72,450 at 4.03%$347.14
72,450 at 4.04%$347.56
72,450 at 4.05%$347.98
72,450 at 4.06%$348.40
72,450 at 4.07%$348.82
72,450 at 4.08%$349.24
72,450 at 4.09%$349.66
72,450 at 4.1%$350.08
72,450 at 4.11%$350.50
72,450 at 4.12%$350.92
72,450 at 4.13%$351.34
72,450 at 4.14%$351.76
72,450 at 4.15%$352.18
72,450 at 4.16%$352.60
72,450 at 4.17%$353.03
72,450 at 4.18%$353.45
72,450 at 4.19%$353.87
72,450 at 4.2%$354.29
72,450 at 4.21%$354.72
72,450 at 4.22%$355.14
72,450 at 4.23%$355.56
72,450 at 4.24%$355.99
72,450 at 4.25%$356.41
72,450 at 4.26%$356.83
72,450 at 4.27%$357.26
72,450 at 4.28%$357.68
72,450 at 4.29%$358.11
72,450 at 4.3%$358.53
72,450 at 4.31%$358.96
72,450 at 4.32%$359.39
72,450 at 4.33%$359.81
72,450 at 4.34%$360.24
72,450 at 4.35%$360.66
72,450 at 4.36%$361.09
72,450 at 4.37%$361.52
72,450 at 4.38%$361.95
72,450 at 4.39%$362.37
72,450 at 4.4%$362.80
72,450 at 4.41%$363.23
72,450 at 4.42%$363.66
72,450 at 4.43%$364.09
72,450 at 4.44%$364.52
72,450 at 4.45%$364.94
72,450 at 4.46%$365.37
72,450 at 4.47%$365.80
72,450 at 4.48%$366.23
72,450 at 4.49%$366.66
72,450 at 4.5%$367.09
72,450 at 4.51%$367.52
72,450 at 4.52%$367.95
72,450 at 4.53%$368.39
72,450 at 4.54%$368.82
72,450 at 4.55%$369.25
72,450 at 4.56%$369.68
72,450 at 4.57%$370.11
72,450 at 4.58%$370.55
72,450 at 4.59%$370.98
72,450 at 4.6%$371.41
72,450 at 4.61%$371.84
72,450 at 4.62%$372.28
72,450 at 4.63%$372.71
72,450 at 4.64%$373.14
72,450 at 4.65%$373.58
72,450 at 4.66%$374.01
72,450 at 4.67%$374.45
72,450 at 4.68%$374.88
72,450 at 4.69%$375.32
72,450 at 4.7%$375.75
72,450 at 4.71%$376.19
72,450 at 4.72%$376.62
72,450 at 4.73%$377.06
72,450 at 4.74%$377.50
72,450 at 4.75%$377.93
72,450 at 4.76%$378.37
72,450 at 4.77%$378.81
72,450 at 4.78%$379.24
72,450 at 4.79%$379.68
72,450 at 4.8%$380.12
72,450 at 4.81%$380.56
72,450 at 4.82%$381.00
72,450 at 4.83%$381.43
72,450 at 4.84%$381.87
72,450 at 4.85%$382.31
72,450 at 4.86%$382.75
72,450 at 4.87%$383.19
72,450 at 4.88%$383.63
72,450 at 4.89%$384.07
72,450 at 4.9%$384.51
72,450 at 4.91%$384.95
72,450 at 4.92%$385.39
72,450 at 4.93%$385.83
72,450 at 4.94%$386.27
72,450 at 4.95%$386.72
72,450 at 4.96%$387.16
72,450 at 4.97%$387.60
72,450 at 4.98%$388.04
72,450 at 4.99%$388.48
72,450 at 5%$388.93
Interest Rate 30 Year
72,450 at 5.01%$389.37
72,450 at 5.02%$389.81
72,450 at 5.03%$390.26
72,450 at 5.04%$390.70
72,450 at 5.05%$391.14
72,450 at 5.06%$391.59
72,450 at 5.07%$392.03
72,450 at 5.08%$392.48
72,450 at 5.09%$392.92
72,450 at 5.1%$393.37
72,450 at 5.11%$393.81
72,450 at 5.12%$394.26
72,450 at 5.13%$394.70
72,450 at 5.14%$395.15
72,450 at 5.15%$395.60
72,450 at 5.16%$396.04
72,450 at 5.17%$396.49
72,450 at 5.18%$396.94
72,450 at 5.19%$397.38
72,450 at 5.2%$397.83
72,450 at 5.21%$398.28
72,450 at 5.22%$398.73
72,450 at 5.23%$399.17
72,450 at 5.24%$399.62
72,450 at 5.25%$400.07
72,450 at 5.26%$400.52
72,450 at 5.27%$400.97
72,450 at 5.28%$401.42
72,450 at 5.29%$401.87
72,450 at 5.3%$402.32
72,450 at 5.31%$402.77
72,450 at 5.32%$403.22
72,450 at 5.33%$403.67
72,450 at 5.34%$404.12
72,450 at 5.35%$404.57
72,450 at 5.36%$405.02
72,450 at 5.37%$405.47
72,450 at 5.38%$405.93
72,450 at 5.39%$406.38
72,450 at 5.4%$406.83
72,450 at 5.41%$407.28
72,450 at 5.42%$407.73
72,450 at 5.43%$408.19
72,450 at 5.44%$408.64
72,450 at 5.45%$409.09
72,450 at 5.46%$409.55
72,450 at 5.47%$410.00
72,450 at 5.48%$410.45
72,450 at 5.49%$410.91
72,450 at 5.5%$411.36
72,450 at 5.51%$411.82
72,450 at 5.52%$412.27
72,450 at 5.53%$412.73
72,450 at 5.54%$413.18
72,450 at 5.55%$413.64
72,450 at 5.56%$414.09
72,450 at 5.57%$414.55
72,450 at 5.58%$415.01
72,450 at 5.59%$415.46
72,450 at 5.6%$415.92
72,450 at 5.61%$416.38
72,450 at 5.62%$416.83
72,450 at 5.63%$417.29
72,450 at 5.64%$417.75
72,450 at 5.65%$418.21
72,450 at 5.66%$418.67
72,450 at 5.67%$419.12
72,450 at 5.68%$419.58
72,450 at 5.69%$420.04
72,450 at 5.7%$420.50
72,450 at 5.71%$420.96
72,450 at 5.72%$421.42
72,450 at 5.73%$421.88
72,450 at 5.74%$422.34
72,450 at 5.75%$422.80
72,450 at 5.76%$423.26
72,450 at 5.77%$423.72
72,450 at 5.78%$424.18
72,450 at 5.79%$424.64
72,450 at 5.8%$425.10
72,450 at 5.81%$425.56
72,450 at 5.82%$426.03
72,450 at 5.83%$426.49
72,450 at 5.84%$426.95
72,450 at 5.85%$427.41
72,450 at 5.86%$427.87
72,450 at 5.87%$428.34
72,450 at 5.88%$428.80
72,450 at 5.89%$429.26
72,450 at 5.9%$429.73
72,450 at 5.91%$430.19
72,450 at 5.92%$430.66
72,450 at 5.93%$431.12
72,450 at 5.94%$431.58
72,450 at 5.95%$432.05
72,450 at 5.96%$432.51
72,450 at 5.97%$432.98
72,450 at 5.98%$433.44
72,450 at 5.99%$433.91
72,450 at 6%$434.37
72,450 at 6.01%$434.84
72,450 at 6.02%$435.31
72,450 at 6.03%$435.77
72,450 at 6.04%$436.24
72,450 at 6.05%$436.71
72,450 at 6.06%$437.17
72,450 at 6.07%$437.64
72,450 at 6.08%$438.11
72,450 at 6.09%$438.58
72,450 at 6.1%$439.04
72,450 at 6.11%$439.51
72,450 at 6.12%$439.98
72,450 at 6.13%$440.45
72,450 at 6.14%$440.92
72,450 at 6.15%$441.39
72,450 at 6.16%$441.85
72,450 at 6.17%$442.32
72,450 at 6.18%$442.79
72,450 at 6.19%$443.26
72,450 at 6.2%$443.73
72,450 at 6.21%$444.20
72,450 at 6.22%$444.67
72,450 at 6.23%$445.15
72,450 at 6.24%$445.62
72,450 at 6.25%$446.09
72,450 at 6.26%$446.56
72,450 at 6.27%$447.03
72,450 at 6.28%$447.50
72,450 at 6.29%$447.97
72,450 at 6.3%$448.45
72,450 at 6.31%$448.92
72,450 at 6.32%$449.39
72,450 at 6.33%$449.86
72,450 at 6.34%$450.34
72,450 at 6.35%$450.81
72,450 at 6.36%$451.28
72,450 at 6.37%$451.76
72,450 at 6.38%$452.23
72,450 at 6.39%$452.70
72,450 at 6.4%$453.18
72,450 at 6.41%$453.65
72,450 at 6.42%$454.13
72,450 at 6.43%$454.60
72,450 at 6.44%$455.08
72,450 at 6.45%$455.55
72,450 at 6.46%$456.03
72,450 at 6.47%$456.50
72,450 at 6.48%$456.98
72,450 at 6.49%$457.46
72,450 at 6.5%$457.93
Interest Rate 30 Year
72,450 at 6.51%$458.41
72,450 at 6.52%$458.89
72,450 at 6.53%$459.36
72,450 at 6.54%$459.84
72,450 at 6.55%$460.32
72,450 at 6.56%$460.80
72,450 at 6.57%$461.27
72,450 at 6.58%$461.75
72,450 at 6.59%$462.23
72,450 at 6.6%$462.71
72,450 at 6.61%$463.19
72,450 at 6.62%$463.67
72,450 at 6.63%$464.14
72,450 at 6.64%$464.62
72,450 at 6.65%$465.10
72,450 at 6.66%$465.58
72,450 at 6.67%$466.06
72,450 at 6.68%$466.54
72,450 at 6.69%$467.02
72,450 at 6.7%$467.50
72,450 at 6.71%$467.98
72,450 at 6.72%$468.47
72,450 at 6.73%$468.95
72,450 at 6.74%$469.43
72,450 at 6.75%$469.91
72,450 at 6.76%$470.39
72,450 at 6.77%$470.87
72,450 at 6.78%$471.36
72,450 at 6.79%$471.84
72,450 at 6.8%$472.32
72,450 at 6.81%$472.80
72,450 at 6.82%$473.29
72,450 at 6.83%$473.77
72,450 at 6.84%$474.25
72,450 at 6.85%$474.74
72,450 at 6.86%$475.22
72,450 at 6.87%$475.70
72,450 at 6.88%$476.19
72,450 at 6.89%$476.67
72,450 at 6.9%$477.16
72,450 at 6.91%$477.64
72,450 at 6.92%$478.13
72,450 at 6.93%$478.61
72,450 at 6.94%$479.10
72,450 at 6.95%$479.58
72,450 at 6.96%$480.07
72,450 at 6.97%$480.55
72,450 at 6.98%$481.04
72,450 at 6.99%$481.53
72,450 at 7%$482.01
72,450 at 7.01%$482.50
72,450 at 7.02%$482.99
72,450 at 7.03%$483.47
72,450 at 7.04%$483.96
72,450 at 7.05%$484.45
72,450 at 7.06%$484.93
72,450 at 7.07%$485.42
72,450 at 7.08%$485.91
72,450 at 7.09%$486.40
72,450 at 7.1%$486.89
72,450 at 7.11%$487.38
72,450 at 7.12%$487.86
72,450 at 7.13%$488.35
72,450 at 7.14%$488.84
72,450 at 7.15%$489.33
72,450 at 7.16%$489.82
72,450 at 7.17%$490.31
72,450 at 7.18%$490.80
72,450 at 7.19%$491.29
72,450 at 7.2%$491.78
72,450 at 7.21%$492.27
72,450 at 7.22%$492.76
72,450 at 7.23%$493.25
72,450 at 7.24%$493.75
72,450 at 7.25%$494.24
72,450 at 7.26%$494.73
72,450 at 7.27%$495.22
72,450 at 7.28%$495.71
72,450 at 7.29%$496.20
72,450 at 7.3%$496.70
72,450 at 7.31%$497.19
72,450 at 7.32%$497.68
72,450 at 7.33%$498.17
72,450 at 7.34%$498.67
72,450 at 7.35%$499.16
72,450 at 7.36%$499.65
72,450 at 7.37%$500.15
72,450 at 7.38%$500.64
72,450 at 7.39%$501.14
72,450 at 7.4%$501.63
72,450 at 7.41%$502.12
72,450 at 7.42%$502.62
72,450 at 7.43%$503.11
72,450 at 7.44%$503.61
72,450 at 7.45%$504.10
72,450 at 7.46%$504.60
72,450 at 7.47%$505.09
72,450 at 7.48%$505.59
72,450 at 7.49%$506.08
72,450 at 7.5%$506.58
72,450 at 7.51%$507.08
72,450 at 7.52%$507.57
72,450 at 7.53%$508.07
72,450 at 7.54%$508.57
72,450 at 7.55%$509.06
72,450 at 7.56%$509.56
72,450 at 7.57%$510.06
72,450 at 7.58%$510.56
72,450 at 7.59%$511.05
72,450 at 7.6%$511.55
72,450 at 7.61%$512.05
72,450 at 7.62%$512.55
72,450 at 7.63%$513.05
72,450 at 7.64%$513.54
72,450 at 7.65%$514.04
72,450 at 7.66%$514.54
72,450 at 7.67%$515.04
72,450 at 7.68%$515.54
72,450 at 7.69%$516.04
72,450 at 7.7%$516.54
72,450 at 7.71%$517.04
72,450 at 7.72%$517.54
72,450 at 7.73%$518.04
72,450 at 7.74%$518.54
72,450 at 7.75%$519.04
72,450 at 7.76%$519.54
72,450 at 7.77%$520.04
72,450 at 7.78%$520.54
72,450 at 7.79%$521.04
72,450 at 7.8%$521.55
72,450 at 7.81%$522.05
72,450 at 7.82%$522.55
72,450 at 7.83%$523.05
72,450 at 7.84%$523.55
72,450 at 7.85%$524.06
72,450 at 7.86%$524.56
72,450 at 7.87%$525.06
72,450 at 7.88%$525.56
72,450 at 7.89%$526.07
72,450 at 7.9%$526.57
72,450 at 7.91%$527.07
72,450 at 7.92%$527.58
72,450 at 7.93%$528.08
72,450 at 7.94%$528.59
72,450 at 7.95%$529.09
72,450 at 7.96%$529.59
72,450 at 7.97%$530.10
72,450 at 7.98%$530.60
72,450 at 7.99%$531.11
72,450 at 8%$531.61
More Amounts
What is the down payment for a $72,450 house? How much do you need to put down?
Percent Down Down Payment
1%725
2%1,449
3%2,174
4%2,898
5%3,623
6%4,347
7%5,072
8%5,796
9%6,521
10%7,245
11%7,970
12%8,694
13%9,419
14%10,143
15%10,868
16%11,592
17%12,317
18%13,041
19%13,766
20%14,490
Percent Down Down Payment
21%15,215
22%15,939
23%16,664
24%17,388
25%18,113
26%18,837
27%19,562
28%20,286
29%21,011
30%21,735
31%22,460
32%23,184
33%23,909
34%24,633
35%25,358
36%26,082
37%26,807
38%27,531
39%28,256
40%28,980
Percent Down Down Payment
41%29,705
42%30,429
43%31,154
44%31,878
45%32,603
46%33,327
47%34,052
48%34,776
49%35,501
50%36,225
51%36,950
52%37,674
53%38,399
54%39,123
55%39,848
56%40,572
57%41,297
58%42,021
59%42,746
60%43,470
Percent Down Down Payment
61%44,195
62%44,919
63%45,644
64%46,368
65%47,093
66%47,817
67%48,542
68%49,266
69%49,991
70%50,715
71%51,440
72%52,164
73%52,889
74%53,613
75%54,338
76%55,062
77%55,787
78%56,511
79%57,236
80%57,960
Percent Down Down Payment
81%58,685
82%59,409
83%60,134
84%60,858
85%61,583
86%62,307
87%63,032
88%63,756
89%64,481
90%65,205
91%65,930
92%66,654
93%67,379
94%68,103
95%68,828
96%69,552
97%70,277
98%71,001
99%71,726
100%72,450
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.