$72,550 Mortgage for 30 Years

What is the monthly payment of a 72,550 dollar loan?
$
$
%
%
years
Loan Tables for a $72,550 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 73k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $72,550 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
72,550 at 2.01%$268.52
72,550 at 2.02%$268.89
72,550 at 2.03%$269.25
72,550 at 2.04%$269.61
72,550 at 2.05%$269.98
72,550 at 2.06%$270.34
72,550 at 2.07%$270.71
72,550 at 2.08%$271.07
72,550 at 2.09%$271.44
72,550 at 2.1%$271.80
72,550 at 2.11%$272.17
72,550 at 2.12%$272.53
72,550 at 2.13%$272.90
72,550 at 2.14%$273.27
72,550 at 2.15%$273.63
72,550 at 2.16%$274.00
72,550 at 2.17%$274.37
72,550 at 2.18%$274.74
72,550 at 2.19%$275.10
72,550 at 2.2%$275.47
72,550 at 2.21%$275.84
72,550 at 2.22%$276.21
72,550 at 2.23%$276.58
72,550 at 2.24%$276.95
72,550 at 2.25%$277.32
72,550 at 2.26%$277.69
72,550 at 2.27%$278.06
72,550 at 2.28%$278.43
72,550 at 2.29%$278.80
72,550 at 2.3%$279.17
72,550 at 2.31%$279.54
72,550 at 2.32%$279.92
72,550 at 2.33%$280.29
72,550 at 2.34%$280.66
72,550 at 2.35%$281.03
72,550 at 2.36%$281.41
72,550 at 2.37%$281.78
72,550 at 2.38%$282.15
72,550 at 2.39%$282.53
72,550 at 2.4%$282.90
72,550 at 2.41%$283.28
72,550 at 2.42%$283.65
72,550 at 2.43%$284.03
72,550 at 2.44%$284.40
72,550 at 2.45%$284.78
72,550 at 2.46%$285.15
72,550 at 2.47%$285.53
72,550 at 2.48%$285.91
72,550 at 2.49%$286.28
72,550 at 2.5%$286.66
72,550 at 2.51%$287.04
72,550 at 2.52%$287.42
72,550 at 2.53%$287.79
72,550 at 2.54%$288.17
72,550 at 2.55%$288.55
72,550 at 2.56%$288.93
72,550 at 2.57%$289.31
72,550 at 2.58%$289.69
72,550 at 2.59%$290.07
72,550 at 2.6%$290.45
72,550 at 2.61%$290.83
72,550 at 2.62%$291.21
72,550 at 2.63%$291.59
72,550 at 2.64%$291.97
72,550 at 2.65%$292.35
72,550 at 2.66%$292.73
72,550 at 2.67%$293.11
72,550 at 2.68%$293.50
72,550 at 2.69%$293.88
72,550 at 2.7%$294.26
72,550 at 2.71%$294.64
72,550 at 2.72%$295.03
72,550 at 2.73%$295.41
72,550 at 2.74%$295.79
72,550 at 2.75%$296.18
72,550 at 2.76%$296.56
72,550 at 2.77%$296.95
72,550 at 2.78%$297.33
72,550 at 2.79%$297.72
72,550 at 2.8%$298.10
72,550 at 2.81%$298.49
72,550 at 2.82%$298.88
72,550 at 2.83%$299.26
72,550 at 2.84%$299.65
72,550 at 2.85%$300.04
72,550 at 2.86%$300.42
72,550 at 2.87%$300.81
72,550 at 2.88%$301.20
72,550 at 2.89%$301.59
72,550 at 2.9%$301.97
72,550 at 2.91%$302.36
72,550 at 2.92%$302.75
72,550 at 2.93%$303.14
72,550 at 2.94%$303.53
72,550 at 2.95%$303.92
72,550 at 2.96%$304.31
72,550 at 2.97%$304.70
72,550 at 2.98%$305.09
72,550 at 2.99%$305.48
72,550 at 3%$305.87
72,550 at 3.01%$306.27
72,550 at 3.02%$306.66
72,550 at 3.03%$307.05
72,550 at 3.04%$307.44
72,550 at 3.05%$307.83
72,550 at 3.06%$308.23
72,550 at 3.07%$308.62
72,550 at 3.08%$309.01
72,550 at 3.09%$309.41
72,550 at 3.1%$309.80
72,550 at 3.11%$310.19
72,550 at 3.12%$310.59
72,550 at 3.13%$310.98
72,550 at 3.14%$311.38
72,550 at 3.15%$311.77
72,550 at 3.16%$312.17
72,550 at 3.17%$312.57
72,550 at 3.18%$312.96
72,550 at 3.19%$313.36
72,550 at 3.2%$313.75
72,550 at 3.21%$314.15
72,550 at 3.22%$314.55
72,550 at 3.23%$314.95
72,550 at 3.24%$315.34
72,550 at 3.25%$315.74
72,550 at 3.26%$316.14
72,550 at 3.27%$316.54
72,550 at 3.28%$316.94
72,550 at 3.29%$317.34
72,550 at 3.3%$317.74
72,550 at 3.31%$318.14
72,550 at 3.32%$318.54
72,550 at 3.33%$318.94
72,550 at 3.34%$319.34
72,550 at 3.35%$319.74
72,550 at 3.36%$320.14
72,550 at 3.37%$320.54
72,550 at 3.38%$320.94
72,550 at 3.39%$321.34
72,550 at 3.4%$321.75
72,550 at 3.41%$322.15
72,550 at 3.42%$322.55
72,550 at 3.43%$322.95
72,550 at 3.44%$323.36
72,550 at 3.45%$323.76
72,550 at 3.46%$324.16
72,550 at 3.47%$324.57
72,550 at 3.48%$324.97
72,550 at 3.49%$325.38
72,550 at 3.5%$325.78
Interest Rate 30 Year
72,550 at 3.51%$326.19
72,550 at 3.52%$326.59
72,550 at 3.53%$327.00
72,550 at 3.54%$327.40
72,550 at 3.55%$327.81
72,550 at 3.56%$328.22
72,550 at 3.57%$328.62
72,550 at 3.58%$329.03
72,550 at 3.59%$329.44
72,550 at 3.6%$329.85
72,550 at 3.61%$330.25
72,550 at 3.62%$330.66
72,550 at 3.63%$331.07
72,550 at 3.64%$331.48
72,550 at 3.65%$331.89
72,550 at 3.66%$332.30
72,550 at 3.67%$332.71
72,550 at 3.68%$333.12
72,550 at 3.69%$333.53
72,550 at 3.7%$333.94
72,550 at 3.71%$334.35
72,550 at 3.72%$334.76
72,550 at 3.73%$335.17
72,550 at 3.74%$335.58
72,550 at 3.75%$335.99
72,550 at 3.76%$336.40
72,550 at 3.77%$336.81
72,550 at 3.78%$337.23
72,550 at 3.79%$337.64
72,550 at 3.8%$338.05
72,550 at 3.81%$338.47
72,550 at 3.82%$338.88
72,550 at 3.83%$339.29
72,550 at 3.84%$339.71
72,550 at 3.85%$340.12
72,550 at 3.86%$340.53
72,550 at 3.87%$340.95
72,550 at 3.88%$341.36
72,550 at 3.89%$341.78
72,550 at 3.9%$342.20
72,550 at 3.91%$342.61
72,550 at 3.92%$343.03
72,550 at 3.93%$343.44
72,550 at 3.94%$343.86
72,550 at 3.95%$344.28
72,550 at 3.96%$344.69
72,550 at 3.97%$345.11
72,550 at 3.98%$345.53
72,550 at 3.99%$345.95
72,550 at 4%$346.36
72,550 at 4.01%$346.78
72,550 at 4.02%$347.20
72,550 at 4.03%$347.62
72,550 at 4.04%$348.04
72,550 at 4.05%$348.46
72,550 at 4.06%$348.88
72,550 at 4.07%$349.30
72,550 at 4.08%$349.72
72,550 at 4.09%$350.14
72,550 at 4.1%$350.56
72,550 at 4.11%$350.98
72,550 at 4.12%$351.40
72,550 at 4.13%$351.82
72,550 at 4.14%$352.25
72,550 at 4.15%$352.67
72,550 at 4.16%$353.09
72,550 at 4.17%$353.51
72,550 at 4.18%$353.94
72,550 at 4.19%$354.36
72,550 at 4.2%$354.78
72,550 at 4.21%$355.21
72,550 at 4.22%$355.63
72,550 at 4.23%$356.05
72,550 at 4.24%$356.48
72,550 at 4.25%$356.90
72,550 at 4.26%$357.33
72,550 at 4.27%$357.75
72,550 at 4.28%$358.18
72,550 at 4.29%$358.60
72,550 at 4.3%$359.03
72,550 at 4.31%$359.46
72,550 at 4.32%$359.88
72,550 at 4.33%$360.31
72,550 at 4.34%$360.74
72,550 at 4.35%$361.16
72,550 at 4.36%$361.59
72,550 at 4.37%$362.02
72,550 at 4.38%$362.45
72,550 at 4.39%$362.87
72,550 at 4.4%$363.30
72,550 at 4.41%$363.73
72,550 at 4.42%$364.16
72,550 at 4.43%$364.59
72,550 at 4.44%$365.02
72,550 at 4.45%$365.45
72,550 at 4.46%$365.88
72,550 at 4.47%$366.31
72,550 at 4.48%$366.74
72,550 at 4.49%$367.17
72,550 at 4.5%$367.60
72,550 at 4.51%$368.03
72,550 at 4.52%$368.46
72,550 at 4.53%$368.89
72,550 at 4.54%$369.33
72,550 at 4.55%$369.76
72,550 at 4.56%$370.19
72,550 at 4.57%$370.62
72,550 at 4.58%$371.06
72,550 at 4.59%$371.49
72,550 at 4.6%$371.92
72,550 at 4.61%$372.36
72,550 at 4.62%$372.79
72,550 at 4.63%$373.23
72,550 at 4.64%$373.66
72,550 at 4.65%$374.09
72,550 at 4.66%$374.53
72,550 at 4.67%$374.96
72,550 at 4.68%$375.40
72,550 at 4.69%$375.84
72,550 at 4.7%$376.27
72,550 at 4.71%$376.71
72,550 at 4.72%$377.14
72,550 at 4.73%$377.58
72,550 at 4.74%$378.02
72,550 at 4.75%$378.46
72,550 at 4.76%$378.89
72,550 at 4.77%$379.33
72,550 at 4.78%$379.77
72,550 at 4.79%$380.21
72,550 at 4.8%$380.64
72,550 at 4.81%$381.08
72,550 at 4.82%$381.52
72,550 at 4.83%$381.96
72,550 at 4.84%$382.40
72,550 at 4.85%$382.84
72,550 at 4.86%$383.28
72,550 at 4.87%$383.72
72,550 at 4.88%$384.16
72,550 at 4.89%$384.60
72,550 at 4.9%$385.04
72,550 at 4.91%$385.48
72,550 at 4.92%$385.92
72,550 at 4.93%$386.37
72,550 at 4.94%$386.81
72,550 at 4.95%$387.25
72,550 at 4.96%$387.69
72,550 at 4.97%$388.13
72,550 at 4.98%$388.58
72,550 at 4.99%$389.02
72,550 at 5%$389.46
Interest Rate 30 Year
72,550 at 5.01%$389.91
72,550 at 5.02%$390.35
72,550 at 5.03%$390.80
72,550 at 5.04%$391.24
72,550 at 5.05%$391.68
72,550 at 5.06%$392.13
72,550 at 5.07%$392.57
72,550 at 5.08%$393.02
72,550 at 5.09%$393.46
72,550 at 5.1%$393.91
72,550 at 5.11%$394.36
72,550 at 5.12%$394.80
72,550 at 5.13%$395.25
72,550 at 5.14%$395.70
72,550 at 5.15%$396.14
72,550 at 5.16%$396.59
72,550 at 5.17%$397.04
72,550 at 5.18%$397.48
72,550 at 5.19%$397.93
72,550 at 5.2%$398.38
72,550 at 5.21%$398.83
72,550 at 5.22%$399.28
72,550 at 5.23%$399.73
72,550 at 5.24%$400.17
72,550 at 5.25%$400.62
72,550 at 5.26%$401.07
72,550 at 5.27%$401.52
72,550 at 5.28%$401.97
72,550 at 5.29%$402.42
72,550 at 5.3%$402.87
72,550 at 5.31%$403.32
72,550 at 5.32%$403.78
72,550 at 5.33%$404.23
72,550 at 5.34%$404.68
72,550 at 5.35%$405.13
72,550 at 5.36%$405.58
72,550 at 5.37%$406.03
72,550 at 5.38%$406.49
72,550 at 5.39%$406.94
72,550 at 5.4%$407.39
72,550 at 5.41%$407.84
72,550 at 5.42%$408.30
72,550 at 5.43%$408.75
72,550 at 5.44%$409.20
72,550 at 5.45%$409.66
72,550 at 5.46%$410.11
72,550 at 5.47%$410.57
72,550 at 5.48%$411.02
72,550 at 5.49%$411.48
72,550 at 5.5%$411.93
72,550 at 5.51%$412.39
72,550 at 5.52%$412.84
72,550 at 5.53%$413.30
72,550 at 5.54%$413.75
72,550 at 5.55%$414.21
72,550 at 5.56%$414.67
72,550 at 5.57%$415.12
72,550 at 5.58%$415.58
72,550 at 5.59%$416.04
72,550 at 5.6%$416.49
72,550 at 5.61%$416.95
72,550 at 5.62%$417.41
72,550 at 5.63%$417.87
72,550 at 5.64%$418.33
72,550 at 5.65%$418.78
72,550 at 5.66%$419.24
72,550 at 5.67%$419.70
72,550 at 5.68%$420.16
72,550 at 5.69%$420.62
72,550 at 5.7%$421.08
72,550 at 5.71%$421.54
72,550 at 5.72%$422.00
72,550 at 5.73%$422.46
72,550 at 5.74%$422.92
72,550 at 5.75%$423.38
72,550 at 5.76%$423.84
72,550 at 5.77%$424.30
72,550 at 5.78%$424.77
72,550 at 5.79%$425.23
72,550 at 5.8%$425.69
72,550 at 5.81%$426.15
72,550 at 5.82%$426.61
72,550 at 5.83%$427.08
72,550 at 5.84%$427.54
72,550 at 5.85%$428.00
72,550 at 5.86%$428.47
72,550 at 5.87%$428.93
72,550 at 5.88%$429.39
72,550 at 5.89%$429.86
72,550 at 5.9%$430.32
72,550 at 5.91%$430.78
72,550 at 5.92%$431.25
72,550 at 5.93%$431.71
72,550 at 5.94%$432.18
72,550 at 5.95%$432.64
72,550 at 5.96%$433.11
72,550 at 5.97%$433.58
72,550 at 5.98%$434.04
72,550 at 5.99%$434.51
72,550 at 6%$434.97
72,550 at 6.01%$435.44
72,550 at 6.02%$435.91
72,550 at 6.03%$436.37
72,550 at 6.04%$436.84
72,550 at 6.05%$437.31
72,550 at 6.06%$437.78
72,550 at 6.07%$438.24
72,550 at 6.08%$438.71
72,550 at 6.09%$439.18
72,550 at 6.1%$439.65
72,550 at 6.11%$440.12
72,550 at 6.12%$440.59
72,550 at 6.13%$441.06
72,550 at 6.14%$441.53
72,550 at 6.15%$442.00
72,550 at 6.16%$442.46
72,550 at 6.17%$442.93
72,550 at 6.18%$443.41
72,550 at 6.19%$443.88
72,550 at 6.2%$444.35
72,550 at 6.21%$444.82
72,550 at 6.22%$445.29
72,550 at 6.23%$445.76
72,550 at 6.24%$446.23
72,550 at 6.25%$446.70
72,550 at 6.26%$447.17
72,550 at 6.27%$447.65
72,550 at 6.28%$448.12
72,550 at 6.29%$448.59
72,550 at 6.3%$449.06
72,550 at 6.31%$449.54
72,550 at 6.32%$450.01
72,550 at 6.33%$450.48
72,550 at 6.34%$450.96
72,550 at 6.35%$451.43
72,550 at 6.36%$451.91
72,550 at 6.37%$452.38
72,550 at 6.38%$452.85
72,550 at 6.39%$453.33
72,550 at 6.4%$453.80
72,550 at 6.41%$454.28
72,550 at 6.42%$454.76
72,550 at 6.43%$455.23
72,550 at 6.44%$455.71
72,550 at 6.45%$456.18
72,550 at 6.46%$456.66
72,550 at 6.47%$457.13
72,550 at 6.48%$457.61
72,550 at 6.49%$458.09
72,550 at 6.5%$458.57
Interest Rate 30 Year
72,550 at 6.51%$459.04
72,550 at 6.52%$459.52
72,550 at 6.53%$460.00
72,550 at 6.54%$460.48
72,550 at 6.55%$460.95
72,550 at 6.56%$461.43
72,550 at 6.57%$461.91
72,550 at 6.58%$462.39
72,550 at 6.59%$462.87
72,550 at 6.6%$463.35
72,550 at 6.61%$463.83
72,550 at 6.62%$464.31
72,550 at 6.63%$464.79
72,550 at 6.64%$465.27
72,550 at 6.65%$465.75
72,550 at 6.66%$466.23
72,550 at 6.67%$466.71
72,550 at 6.68%$467.19
72,550 at 6.69%$467.67
72,550 at 6.7%$468.15
72,550 at 6.71%$468.63
72,550 at 6.72%$469.11
72,550 at 6.73%$469.59
72,550 at 6.74%$470.08
72,550 at 6.75%$470.56
72,550 at 6.76%$471.04
72,550 at 6.77%$471.52
72,550 at 6.78%$472.01
72,550 at 6.79%$472.49
72,550 at 6.8%$472.97
72,550 at 6.81%$473.46
72,550 at 6.82%$473.94
72,550 at 6.83%$474.42
72,550 at 6.84%$474.91
72,550 at 6.85%$475.39
72,550 at 6.86%$475.87
72,550 at 6.87%$476.36
72,550 at 6.88%$476.84
72,550 at 6.89%$477.33
72,550 at 6.9%$477.81
72,550 at 6.91%$478.30
72,550 at 6.92%$478.79
72,550 at 6.93%$479.27
72,550 at 6.94%$479.76
72,550 at 6.95%$480.24
72,550 at 6.96%$480.73
72,550 at 6.97%$481.22
72,550 at 6.98%$481.70
72,550 at 6.99%$482.19
72,550 at 7%$482.68
72,550 at 7.01%$483.16
72,550 at 7.02%$483.65
72,550 at 7.03%$484.14
72,550 at 7.04%$484.63
72,550 at 7.05%$485.12
72,550 at 7.06%$485.60
72,550 at 7.07%$486.09
72,550 at 7.08%$486.58
72,550 at 7.09%$487.07
72,550 at 7.1%$487.56
72,550 at 7.11%$488.05
72,550 at 7.12%$488.54
72,550 at 7.13%$489.03
72,550 at 7.14%$489.52
72,550 at 7.15%$490.01
72,550 at 7.16%$490.50
72,550 at 7.17%$490.99
72,550 at 7.18%$491.48
72,550 at 7.19%$491.97
72,550 at 7.2%$492.46
72,550 at 7.21%$492.95
72,550 at 7.22%$493.44
72,550 at 7.23%$493.94
72,550 at 7.24%$494.43
72,550 at 7.25%$494.92
72,550 at 7.26%$495.41
72,550 at 7.27%$495.90
72,550 at 7.28%$496.40
72,550 at 7.29%$496.89
72,550 at 7.3%$497.38
72,550 at 7.31%$497.87
72,550 at 7.32%$498.37
72,550 at 7.33%$498.86
72,550 at 7.34%$499.36
72,550 at 7.35%$499.85
72,550 at 7.36%$500.34
72,550 at 7.37%$500.84
72,550 at 7.38%$501.33
72,550 at 7.39%$501.83
72,550 at 7.4%$502.32
72,550 at 7.41%$502.82
72,550 at 7.42%$503.31
72,550 at 7.43%$503.81
72,550 at 7.44%$504.30
72,550 at 7.45%$504.80
72,550 at 7.46%$505.29
72,550 at 7.47%$505.79
72,550 at 7.48%$506.29
72,550 at 7.49%$506.78
72,550 at 7.5%$507.28
72,550 at 7.51%$507.78
72,550 at 7.52%$508.27
72,550 at 7.53%$508.77
72,550 at 7.54%$509.27
72,550 at 7.55%$509.77
72,550 at 7.56%$510.26
72,550 at 7.57%$510.76
72,550 at 7.58%$511.26
72,550 at 7.59%$511.76
72,550 at 7.6%$512.26
72,550 at 7.61%$512.76
72,550 at 7.62%$513.25
72,550 at 7.63%$513.75
72,550 at 7.64%$514.25
72,550 at 7.65%$514.75
72,550 at 7.66%$515.25
72,550 at 7.67%$515.75
72,550 at 7.68%$516.25
72,550 at 7.69%$516.75
72,550 at 7.7%$517.25
72,550 at 7.71%$517.75
72,550 at 7.72%$518.25
72,550 at 7.73%$518.75
72,550 at 7.74%$519.26
72,550 at 7.75%$519.76
72,550 at 7.76%$520.26
72,550 at 7.77%$520.76
72,550 at 7.78%$521.26
72,550 at 7.79%$521.76
72,550 at 7.8%$522.27
72,550 at 7.81%$522.77
72,550 at 7.82%$523.27
72,550 at 7.83%$523.77
72,550 at 7.84%$524.28
72,550 at 7.85%$524.78
72,550 at 7.86%$525.28
72,550 at 7.87%$525.79
72,550 at 7.88%$526.29
72,550 at 7.89%$526.79
72,550 at 7.9%$527.30
72,550 at 7.91%$527.80
72,550 at 7.92%$528.31
72,550 at 7.93%$528.81
72,550 at 7.94%$529.31
72,550 at 7.95%$529.82
72,550 at 7.96%$530.32
72,550 at 7.97%$530.83
72,550 at 7.98%$531.34
72,550 at 7.99%$531.84
72,550 at 8%$532.35
More Amounts
What is the down payment for a $72,550 house? How much do you need to put down?
Percent Down Down Payment
1%726
2%1,451
3%2,177
4%2,902
5%3,628
6%4,353
7%5,079
8%5,804
9%6,530
10%7,255
11%7,981
12%8,706
13%9,432
14%10,157
15%10,883
16%11,608
17%12,334
18%13,059
19%13,785
20%14,510
Percent Down Down Payment
21%15,236
22%15,961
23%16,687
24%17,412
25%18,138
26%18,863
27%19,589
28%20,314
29%21,040
30%21,765
31%22,491
32%23,216
33%23,942
34%24,667
35%25,393
36%26,118
37%26,844
38%27,569
39%28,295
40%29,020
Percent Down Down Payment
41%29,746
42%30,471
43%31,197
44%31,922
45%32,648
46%33,373
47%34,099
48%34,824
49%35,550
50%36,275
51%37,001
52%37,726
53%38,452
54%39,177
55%39,903
56%40,628
57%41,354
58%42,079
59%42,805
60%43,530
Percent Down Down Payment
61%44,256
62%44,981
63%45,707
64%46,432
65%47,158
66%47,883
67%48,609
68%49,334
69%50,060
70%50,785
71%51,511
72%52,236
73%52,962
74%53,687
75%54,413
76%55,138
77%55,864
78%56,589
79%57,315
80%58,040
Percent Down Down Payment
81%58,766
82%59,491
83%60,217
84%60,942
85%61,668
86%62,393
87%63,119
88%63,844
89%64,570
90%65,295
91%66,021
92%66,746
93%67,472
94%68,197
95%68,923
96%69,648
97%70,374
98%71,099
99%71,825
100%72,550
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.