$74,600 Mortgage for 30 Years

What is the monthly payment of a 74,600 dollar loan?
$
$
%
%
years
Loan Tables for a $74,600 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 75k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $74,600 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
74,600 at 2.01%$276.11
74,600 at 2.02%$276.48
74,600 at 2.03%$276.86
74,600 at 2.04%$277.23
74,600 at 2.05%$277.61
74,600 at 2.06%$277.98
74,600 at 2.07%$278.35
74,600 at 2.08%$278.73
74,600 at 2.09%$279.11
74,600 at 2.1%$279.48
74,600 at 2.11%$279.86
74,600 at 2.12%$280.23
74,600 at 2.13%$280.61
74,600 at 2.14%$280.99
74,600 at 2.15%$281.37
74,600 at 2.16%$281.74
74,600 at 2.17%$282.12
74,600 at 2.18%$282.50
74,600 at 2.19%$282.88
74,600 at 2.2%$283.26
74,600 at 2.21%$283.64
74,600 at 2.22%$284.02
74,600 at 2.23%$284.40
74,600 at 2.24%$284.78
74,600 at 2.25%$285.16
74,600 at 2.26%$285.54
74,600 at 2.27%$285.92
74,600 at 2.28%$286.30
74,600 at 2.29%$286.68
74,600 at 2.3%$287.06
74,600 at 2.31%$287.44
74,600 at 2.32%$287.83
74,600 at 2.33%$288.21
74,600 at 2.34%$288.59
74,600 at 2.35%$288.98
74,600 at 2.36%$289.36
74,600 at 2.37%$289.74
74,600 at 2.38%$290.13
74,600 at 2.39%$290.51
74,600 at 2.4%$290.90
74,600 at 2.41%$291.28
74,600 at 2.42%$291.67
74,600 at 2.43%$292.05
74,600 at 2.44%$292.44
74,600 at 2.45%$292.82
74,600 at 2.46%$293.21
74,600 at 2.47%$293.60
74,600 at 2.48%$293.99
74,600 at 2.49%$294.37
74,600 at 2.5%$294.76
74,600 at 2.51%$295.15
74,600 at 2.52%$295.54
74,600 at 2.53%$295.93
74,600 at 2.54%$296.31
74,600 at 2.55%$296.70
74,600 at 2.56%$297.09
74,600 at 2.57%$297.48
74,600 at 2.58%$297.87
74,600 at 2.59%$298.26
74,600 at 2.6%$298.65
74,600 at 2.61%$299.04
74,600 at 2.62%$299.44
74,600 at 2.63%$299.83
74,600 at 2.64%$300.22
74,600 at 2.65%$300.61
74,600 at 2.66%$301.00
74,600 at 2.67%$301.40
74,600 at 2.68%$301.79
74,600 at 2.69%$302.18
74,600 at 2.7%$302.58
74,600 at 2.71%$302.97
74,600 at 2.72%$303.36
74,600 at 2.73%$303.76
74,600 at 2.74%$304.15
74,600 at 2.75%$304.55
74,600 at 2.76%$304.94
74,600 at 2.77%$305.34
74,600 at 2.78%$305.73
74,600 at 2.79%$306.13
74,600 at 2.8%$306.53
74,600 at 2.81%$306.92
74,600 at 2.82%$307.32
74,600 at 2.83%$307.72
74,600 at 2.84%$308.12
74,600 at 2.85%$308.51
74,600 at 2.86%$308.91
74,600 at 2.87%$309.31
74,600 at 2.88%$309.71
74,600 at 2.89%$310.11
74,600 at 2.9%$310.51
74,600 at 2.91%$310.91
74,600 at 2.92%$311.31
74,600 at 2.93%$311.71
74,600 at 2.94%$312.11
74,600 at 2.95%$312.51
74,600 at 2.96%$312.91
74,600 at 2.97%$313.31
74,600 at 2.98%$313.71
74,600 at 2.99%$314.11
74,600 at 3%$314.52
74,600 at 3.01%$314.92
74,600 at 3.02%$315.32
74,600 at 3.03%$315.72
74,600 at 3.04%$316.13
74,600 at 3.05%$316.53
74,600 at 3.06%$316.94
74,600 at 3.07%$317.34
74,600 at 3.08%$317.74
74,600 at 3.09%$318.15
74,600 at 3.1%$318.55
74,600 at 3.11%$318.96
74,600 at 3.12%$319.37
74,600 at 3.13%$319.77
74,600 at 3.14%$320.18
74,600 at 3.15%$320.58
74,600 at 3.16%$320.99
74,600 at 3.17%$321.40
74,600 at 3.18%$321.80
74,600 at 3.19%$322.21
74,600 at 3.2%$322.62
74,600 at 3.21%$323.03
74,600 at 3.22%$323.44
74,600 at 3.23%$323.85
74,600 at 3.24%$324.25
74,600 at 3.25%$324.66
74,600 at 3.26%$325.07
74,600 at 3.27%$325.48
74,600 at 3.28%$325.89
74,600 at 3.29%$326.30
74,600 at 3.3%$326.71
74,600 at 3.31%$327.13
74,600 at 3.32%$327.54
74,600 at 3.33%$327.95
74,600 at 3.34%$328.36
74,600 at 3.35%$328.77
74,600 at 3.36%$329.18
74,600 at 3.37%$329.60
74,600 at 3.38%$330.01
74,600 at 3.39%$330.42
74,600 at 3.4%$330.84
74,600 at 3.41%$331.25
74,600 at 3.42%$331.66
74,600 at 3.43%$332.08
74,600 at 3.44%$332.49
74,600 at 3.45%$332.91
74,600 at 3.46%$333.32
74,600 at 3.47%$333.74
74,600 at 3.48%$334.16
74,600 at 3.49%$334.57
74,600 at 3.5%$334.99
Interest Rate 30 Year
74,600 at 3.51%$335.40
74,600 at 3.52%$335.82
74,600 at 3.53%$336.24
74,600 at 3.54%$336.66
74,600 at 3.55%$337.07
74,600 at 3.56%$337.49
74,600 at 3.57%$337.91
74,600 at 3.58%$338.33
74,600 at 3.59%$338.75
74,600 at 3.6%$339.17
74,600 at 3.61%$339.58
74,600 at 3.62%$340.00
74,600 at 3.63%$340.42
74,600 at 3.64%$340.84
74,600 at 3.65%$341.26
74,600 at 3.66%$341.69
74,600 at 3.67%$342.11
74,600 at 3.68%$342.53
74,600 at 3.69%$342.95
74,600 at 3.7%$343.37
74,600 at 3.71%$343.79
74,600 at 3.72%$344.22
74,600 at 3.73%$344.64
74,600 at 3.74%$345.06
74,600 at 3.75%$345.48
74,600 at 3.76%$345.91
74,600 at 3.77%$346.33
74,600 at 3.78%$346.76
74,600 at 3.79%$347.18
74,600 at 3.8%$347.60
74,600 at 3.81%$348.03
74,600 at 3.82%$348.45
74,600 at 3.83%$348.88
74,600 at 3.84%$349.31
74,600 at 3.85%$349.73
74,600 at 3.86%$350.16
74,600 at 3.87%$350.58
74,600 at 3.88%$351.01
74,600 at 3.89%$351.44
74,600 at 3.9%$351.86
74,600 at 3.91%$352.29
74,600 at 3.92%$352.72
74,600 at 3.93%$353.15
74,600 at 3.94%$353.58
74,600 at 3.95%$354.00
74,600 at 3.96%$354.43
74,600 at 3.97%$354.86
74,600 at 3.98%$355.29
74,600 at 3.99%$355.72
74,600 at 4%$356.15
74,600 at 4.01%$356.58
74,600 at 4.02%$357.01
74,600 at 4.03%$357.44
74,600 at 4.04%$357.87
74,600 at 4.05%$358.31
74,600 at 4.06%$358.74
74,600 at 4.07%$359.17
74,600 at 4.08%$359.60
74,600 at 4.09%$360.03
74,600 at 4.1%$360.47
74,600 at 4.11%$360.90
74,600 at 4.12%$361.33
74,600 at 4.13%$361.77
74,600 at 4.14%$362.20
74,600 at 4.15%$362.63
74,600 at 4.16%$363.07
74,600 at 4.17%$363.50
74,600 at 4.18%$363.94
74,600 at 4.19%$364.37
74,600 at 4.2%$364.81
74,600 at 4.21%$365.24
74,600 at 4.22%$365.68
74,600 at 4.23%$366.11
74,600 at 4.24%$366.55
74,600 at 4.25%$366.99
74,600 at 4.26%$367.42
74,600 at 4.27%$367.86
74,600 at 4.28%$368.30
74,600 at 4.29%$368.74
74,600 at 4.3%$369.17
74,600 at 4.31%$369.61
74,600 at 4.32%$370.05
74,600 at 4.33%$370.49
74,600 at 4.34%$370.93
74,600 at 4.35%$371.37
74,600 at 4.36%$371.81
74,600 at 4.37%$372.25
74,600 at 4.38%$372.69
74,600 at 4.39%$373.13
74,600 at 4.4%$373.57
74,600 at 4.41%$374.01
74,600 at 4.42%$374.45
74,600 at 4.43%$374.89
74,600 at 4.44%$375.33
74,600 at 4.45%$375.77
74,600 at 4.46%$376.22
74,600 at 4.47%$376.66
74,600 at 4.48%$377.10
74,600 at 4.49%$377.54
74,600 at 4.5%$377.99
74,600 at 4.51%$378.43
74,600 at 4.52%$378.87
74,600 at 4.53%$379.32
74,600 at 4.54%$379.76
74,600 at 4.55%$380.21
74,600 at 4.56%$380.65
74,600 at 4.57%$381.10
74,600 at 4.58%$381.54
74,600 at 4.59%$381.99
74,600 at 4.6%$382.43
74,600 at 4.61%$382.88
74,600 at 4.62%$383.32
74,600 at 4.63%$383.77
74,600 at 4.64%$384.22
74,600 at 4.65%$384.67
74,600 at 4.66%$385.11
74,600 at 4.67%$385.56
74,600 at 4.68%$386.01
74,600 at 4.69%$386.46
74,600 at 4.7%$386.90
74,600 at 4.71%$387.35
74,600 at 4.72%$387.80
74,600 at 4.73%$388.25
74,600 at 4.74%$388.70
74,600 at 4.75%$389.15
74,600 at 4.76%$389.60
74,600 at 4.77%$390.05
74,600 at 4.78%$390.50
74,600 at 4.79%$390.95
74,600 at 4.8%$391.40
74,600 at 4.81%$391.85
74,600 at 4.82%$392.30
74,600 at 4.83%$392.75
74,600 at 4.84%$393.21
74,600 at 4.85%$393.66
74,600 at 4.86%$394.11
74,600 at 4.87%$394.56
74,600 at 4.88%$395.02
74,600 at 4.89%$395.47
74,600 at 4.9%$395.92
74,600 at 4.91%$396.38
74,600 at 4.92%$396.83
74,600 at 4.93%$397.28
74,600 at 4.94%$397.74
74,600 at 4.95%$398.19
74,600 at 4.96%$398.65
74,600 at 4.97%$399.10
74,600 at 4.98%$399.56
74,600 at 4.99%$400.01
74,600 at 5%$400.47
Interest Rate 30 Year
74,600 at 5.01%$400.92
74,600 at 5.02%$401.38
74,600 at 5.03%$401.84
74,600 at 5.04%$402.29
74,600 at 5.05%$402.75
74,600 at 5.06%$403.21
74,600 at 5.07%$403.67
74,600 at 5.08%$404.12
74,600 at 5.09%$404.58
74,600 at 5.1%$405.04
74,600 at 5.11%$405.50
74,600 at 5.12%$405.96
74,600 at 5.13%$406.42
74,600 at 5.14%$406.88
74,600 at 5.15%$407.34
74,600 at 5.16%$407.80
74,600 at 5.17%$408.26
74,600 at 5.18%$408.72
74,600 at 5.19%$409.18
74,600 at 5.2%$409.64
74,600 at 5.21%$410.10
74,600 at 5.22%$410.56
74,600 at 5.23%$411.02
74,600 at 5.24%$411.48
74,600 at 5.25%$411.94
74,600 at 5.26%$412.41
74,600 at 5.27%$412.87
74,600 at 5.28%$413.33
74,600 at 5.29%$413.79
74,600 at 5.3%$414.26
74,600 at 5.31%$414.72
74,600 at 5.32%$415.18
74,600 at 5.33%$415.65
74,600 at 5.34%$416.11
74,600 at 5.35%$416.58
74,600 at 5.36%$417.04
74,600 at 5.37%$417.51
74,600 at 5.38%$417.97
74,600 at 5.39%$418.44
74,600 at 5.4%$418.90
74,600 at 5.41%$419.37
74,600 at 5.42%$419.83
74,600 at 5.43%$420.30
74,600 at 5.44%$420.77
74,600 at 5.45%$421.23
74,600 at 5.46%$421.70
74,600 at 5.47%$422.17
74,600 at 5.48%$422.63
74,600 at 5.49%$423.10
74,600 at 5.5%$423.57
74,600 at 5.51%$424.04
74,600 at 5.52%$424.51
74,600 at 5.53%$424.98
74,600 at 5.54%$425.44
74,600 at 5.55%$425.91
74,600 at 5.56%$426.38
74,600 at 5.57%$426.85
74,600 at 5.58%$427.32
74,600 at 5.59%$427.79
74,600 at 5.6%$428.26
74,600 at 5.61%$428.73
74,600 at 5.62%$429.20
74,600 at 5.63%$429.68
74,600 at 5.64%$430.15
74,600 at 5.65%$430.62
74,600 at 5.66%$431.09
74,600 at 5.67%$431.56
74,600 at 5.68%$432.03
74,600 at 5.69%$432.51
74,600 at 5.7%$432.98
74,600 at 5.71%$433.45
74,600 at 5.72%$433.92
74,600 at 5.73%$434.40
74,600 at 5.74%$434.87
74,600 at 5.75%$435.35
74,600 at 5.76%$435.82
74,600 at 5.77%$436.29
74,600 at 5.78%$436.77
74,600 at 5.79%$437.24
74,600 at 5.8%$437.72
74,600 at 5.81%$438.19
74,600 at 5.82%$438.67
74,600 at 5.83%$439.14
74,600 at 5.84%$439.62
74,600 at 5.85%$440.10
74,600 at 5.86%$440.57
74,600 at 5.87%$441.05
74,600 at 5.88%$441.53
74,600 at 5.89%$442.00
74,600 at 5.9%$442.48
74,600 at 5.91%$442.96
74,600 at 5.92%$443.43
74,600 at 5.93%$443.91
74,600 at 5.94%$444.39
74,600 at 5.95%$444.87
74,600 at 5.96%$445.35
74,600 at 5.97%$445.83
74,600 at 5.98%$446.31
74,600 at 5.99%$446.79
74,600 at 6%$447.26
74,600 at 6.01%$447.74
74,600 at 6.02%$448.22
74,600 at 6.03%$448.70
74,600 at 6.04%$449.18
74,600 at 6.05%$449.67
74,600 at 6.06%$450.15
74,600 at 6.07%$450.63
74,600 at 6.08%$451.11
74,600 at 6.09%$451.59
74,600 at 6.1%$452.07
74,600 at 6.11%$452.55
74,600 at 6.12%$453.04
74,600 at 6.13%$453.52
74,600 at 6.14%$454.00
74,600 at 6.15%$454.48
74,600 at 6.16%$454.97
74,600 at 6.17%$455.45
74,600 at 6.18%$455.93
74,600 at 6.19%$456.42
74,600 at 6.2%$456.90
74,600 at 6.21%$457.39
74,600 at 6.22%$457.87
74,600 at 6.23%$458.36
74,600 at 6.24%$458.84
74,600 at 6.25%$459.33
74,600 at 6.26%$459.81
74,600 at 6.27%$460.30
74,600 at 6.28%$460.78
74,600 at 6.29%$461.27
74,600 at 6.3%$461.75
74,600 at 6.31%$462.24
74,600 at 6.32%$462.73
74,600 at 6.33%$463.21
74,600 at 6.34%$463.70
74,600 at 6.35%$464.19
74,600 at 6.36%$464.68
74,600 at 6.37%$465.16
74,600 at 6.38%$465.65
74,600 at 6.39%$466.14
74,600 at 6.4%$466.63
74,600 at 6.41%$467.12
74,600 at 6.42%$467.60
74,600 at 6.43%$468.09
74,600 at 6.44%$468.58
74,600 at 6.45%$469.07
74,600 at 6.46%$469.56
74,600 at 6.47%$470.05
74,600 at 6.48%$470.54
74,600 at 6.49%$471.03
74,600 at 6.5%$471.52
Interest Rate 30 Year
74,600 at 6.51%$472.01
74,600 at 6.52%$472.50
74,600 at 6.53%$473.00
74,600 at 6.54%$473.49
74,600 at 6.55%$473.98
74,600 at 6.56%$474.47
74,600 at 6.57%$474.96
74,600 at 6.58%$475.45
74,600 at 6.59%$475.95
74,600 at 6.6%$476.44
74,600 at 6.61%$476.93
74,600 at 6.62%$477.43
74,600 at 6.63%$477.92
74,600 at 6.64%$478.41
74,600 at 6.65%$478.91
74,600 at 6.66%$479.40
74,600 at 6.67%$479.89
74,600 at 6.68%$480.39
74,600 at 6.69%$480.88
74,600 at 6.7%$481.38
74,600 at 6.71%$481.87
74,600 at 6.72%$482.37
74,600 at 6.73%$482.86
74,600 at 6.74%$483.36
74,600 at 6.75%$483.85
74,600 at 6.76%$484.35
74,600 at 6.77%$484.85
74,600 at 6.78%$485.34
74,600 at 6.79%$485.84
74,600 at 6.8%$486.34
74,600 at 6.81%$486.83
74,600 at 6.82%$487.33
74,600 at 6.83%$487.83
74,600 at 6.84%$488.33
74,600 at 6.85%$488.82
74,600 at 6.86%$489.32
74,600 at 6.87%$489.82
74,600 at 6.88%$490.32
74,600 at 6.89%$490.82
74,600 at 6.9%$491.32
74,600 at 6.91%$491.81
74,600 at 6.92%$492.31
74,600 at 6.93%$492.81
74,600 at 6.94%$493.31
74,600 at 6.95%$493.81
74,600 at 6.96%$494.31
74,600 at 6.97%$494.81
74,600 at 6.98%$495.31
74,600 at 6.99%$495.81
74,600 at 7%$496.32
74,600 at 7.01%$496.82
74,600 at 7.02%$497.32
74,600 at 7.03%$497.82
74,600 at 7.04%$498.32
74,600 at 7.05%$498.82
74,600 at 7.06%$499.33
74,600 at 7.07%$499.83
74,600 at 7.08%$500.33
74,600 at 7.09%$500.83
74,600 at 7.1%$501.34
74,600 at 7.11%$501.84
74,600 at 7.12%$502.34
74,600 at 7.13%$502.85
74,600 at 7.14%$503.35
74,600 at 7.15%$503.85
74,600 at 7.16%$504.36
74,600 at 7.17%$504.86
74,600 at 7.18%$505.37
74,600 at 7.19%$505.87
74,600 at 7.2%$506.38
74,600 at 7.21%$506.88
74,600 at 7.22%$507.39
74,600 at 7.23%$507.89
74,600 at 7.24%$508.40
74,600 at 7.25%$508.90
74,600 at 7.26%$509.41
74,600 at 7.27%$509.92
74,600 at 7.28%$510.42
74,600 at 7.29%$510.93
74,600 at 7.3%$511.44
74,600 at 7.31%$511.94
74,600 at 7.32%$512.45
74,600 at 7.33%$512.96
74,600 at 7.34%$513.47
74,600 at 7.35%$513.97
74,600 at 7.36%$514.48
74,600 at 7.37%$514.99
74,600 at 7.38%$515.50
74,600 at 7.39%$516.01
74,600 at 7.4%$516.52
74,600 at 7.41%$517.02
74,600 at 7.42%$517.53
74,600 at 7.43%$518.04
74,600 at 7.44%$518.55
74,600 at 7.45%$519.06
74,600 at 7.46%$519.57
74,600 at 7.47%$520.08
74,600 at 7.48%$520.59
74,600 at 7.49%$521.10
74,600 at 7.5%$521.61
74,600 at 7.51%$522.12
74,600 at 7.52%$522.64
74,600 at 7.53%$523.15
74,600 at 7.54%$523.66
74,600 at 7.55%$524.17
74,600 at 7.56%$524.68
74,600 at 7.57%$525.19
74,600 at 7.58%$525.71
74,600 at 7.59%$526.22
74,600 at 7.6%$526.73
74,600 at 7.61%$527.24
74,600 at 7.62%$527.76
74,600 at 7.63%$528.27
74,600 at 7.64%$528.78
74,600 at 7.65%$529.30
74,600 at 7.66%$529.81
74,600 at 7.67%$530.33
74,600 at 7.68%$530.84
74,600 at 7.69%$531.35
74,600 at 7.7%$531.87
74,600 at 7.71%$532.38
74,600 at 7.72%$532.90
74,600 at 7.73%$533.41
74,600 at 7.74%$533.93
74,600 at 7.75%$534.44
74,600 at 7.76%$534.96
74,600 at 7.77%$535.47
74,600 at 7.78%$535.99
74,600 at 7.79%$536.51
74,600 at 7.8%$537.02
74,600 at 7.81%$537.54
74,600 at 7.82%$538.06
74,600 at 7.83%$538.57
74,600 at 7.84%$539.09
74,600 at 7.85%$539.61
74,600 at 7.86%$540.13
74,600 at 7.87%$540.64
74,600 at 7.88%$541.16
74,600 at 7.89%$541.68
74,600 at 7.9%$542.20
74,600 at 7.91%$542.72
74,600 at 7.92%$543.23
74,600 at 7.93%$543.75
74,600 at 7.94%$544.27
74,600 at 7.95%$544.79
74,600 at 7.96%$545.31
74,600 at 7.97%$545.83
74,600 at 7.98%$546.35
74,600 at 7.99%$546.87
74,600 at 8%$547.39
More Amounts
What is the down payment for a $74,600 house? How much do you need to put down?
Percent Down Down Payment
1%746
2%1,492
3%2,238
4%2,984
5%3,730
6%4,476
7%5,222
8%5,968
9%6,714
10%7,460
11%8,206
12%8,952
13%9,698
14%10,444
15%11,190
16%11,936
17%12,682
18%13,428
19%14,174
20%14,920
Percent Down Down Payment
21%15,666
22%16,412
23%17,158
24%17,904
25%18,650
26%19,396
27%20,142
28%20,888
29%21,634
30%22,380
31%23,126
32%23,872
33%24,618
34%25,364
35%26,110
36%26,856
37%27,602
38%28,348
39%29,094
40%29,840
Percent Down Down Payment
41%30,586
42%31,332
43%32,078
44%32,824
45%33,570
46%34,316
47%35,062
48%35,808
49%36,554
50%37,300
51%38,046
52%38,792
53%39,538
54%40,284
55%41,030
56%41,776
57%42,522
58%43,268
59%44,014
60%44,760
Percent Down Down Payment
61%45,506
62%46,252
63%46,998
64%47,744
65%48,490
66%49,236
67%49,982
68%50,728
69%51,474
70%52,220
71%52,966
72%53,712
73%54,458
74%55,204
75%55,950
76%56,696
77%57,442
78%58,188
79%58,934
80%59,680
Percent Down Down Payment
81%60,426
82%61,172
83%61,918
84%62,664
85%63,410
86%64,156
87%64,902
88%65,648
89%66,394
90%67,140
91%67,886
92%68,632
93%69,378
94%70,124
95%70,870
96%71,616
97%72,362
98%73,108
99%73,854
100%74,600
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.