$84,400 Mortgage for 30 Years

What is the monthly payment of a 84,400 dollar loan?
$
$
%
%
years
Loan Tables for a $84,400 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 84k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $84,400 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
84,400 at 2.01%$312.38
84,400 at 2.02%$312.80
84,400 at 2.03%$313.23
84,400 at 2.04%$313.65
84,400 at 2.05%$314.07
84,400 at 2.06%$314.50
84,400 at 2.07%$314.92
84,400 at 2.08%$315.35
84,400 at 2.09%$315.77
84,400 at 2.1%$316.20
84,400 at 2.11%$316.62
84,400 at 2.12%$317.05
84,400 at 2.13%$317.47
84,400 at 2.14%$317.90
84,400 at 2.15%$318.33
84,400 at 2.16%$318.75
84,400 at 2.17%$319.18
84,400 at 2.18%$319.61
84,400 at 2.19%$320.04
84,400 at 2.2%$320.47
84,400 at 2.21%$320.90
84,400 at 2.22%$321.33
84,400 at 2.23%$321.76
84,400 at 2.24%$322.19
84,400 at 2.25%$322.62
84,400 at 2.26%$323.05
84,400 at 2.27%$323.48
84,400 at 2.28%$323.91
84,400 at 2.29%$324.34
84,400 at 2.3%$324.77
84,400 at 2.31%$325.20
84,400 at 2.32%$325.64
84,400 at 2.33%$326.07
84,400 at 2.34%$326.50
84,400 at 2.35%$326.94
84,400 at 2.36%$327.37
84,400 at 2.37%$327.81
84,400 at 2.38%$328.24
84,400 at 2.39%$328.68
84,400 at 2.4%$329.11
84,400 at 2.41%$329.55
84,400 at 2.42%$329.98
84,400 at 2.43%$330.42
84,400 at 2.44%$330.86
84,400 at 2.45%$331.29
84,400 at 2.46%$331.73
84,400 at 2.47%$332.17
84,400 at 2.48%$332.61
84,400 at 2.49%$333.04
84,400 at 2.5%$333.48
84,400 at 2.51%$333.92
84,400 at 2.52%$334.36
84,400 at 2.53%$334.80
84,400 at 2.54%$335.24
84,400 at 2.55%$335.68
84,400 at 2.56%$336.12
84,400 at 2.57%$336.56
84,400 at 2.58%$337.00
84,400 at 2.59%$337.44
84,400 at 2.6%$337.89
84,400 at 2.61%$338.33
84,400 at 2.62%$338.77
84,400 at 2.63%$339.21
84,400 at 2.64%$339.66
84,400 at 2.65%$340.10
84,400 at 2.66%$340.55
84,400 at 2.67%$340.99
84,400 at 2.68%$341.43
84,400 at 2.69%$341.88
84,400 at 2.7%$342.32
84,400 at 2.71%$342.77
84,400 at 2.72%$343.22
84,400 at 2.73%$343.66
84,400 at 2.74%$344.11
84,400 at 2.75%$344.56
84,400 at 2.76%$345.00
84,400 at 2.77%$345.45
84,400 at 2.78%$345.90
84,400 at 2.79%$346.35
84,400 at 2.8%$346.79
84,400 at 2.81%$347.24
84,400 at 2.82%$347.69
84,400 at 2.83%$348.14
84,400 at 2.84%$348.59
84,400 at 2.85%$349.04
84,400 at 2.86%$349.49
84,400 at 2.87%$349.94
84,400 at 2.88%$350.39
84,400 at 2.89%$350.85
84,400 at 2.9%$351.30
84,400 at 2.91%$351.75
84,400 at 2.92%$352.20
84,400 at 2.93%$352.66
84,400 at 2.94%$353.11
84,400 at 2.95%$353.56
84,400 at 2.96%$354.02
84,400 at 2.97%$354.47
84,400 at 2.98%$354.92
84,400 at 2.99%$355.38
84,400 at 3%$355.83
84,400 at 3.01%$356.29
84,400 at 3.02%$356.74
84,400 at 3.03%$357.20
84,400 at 3.04%$357.66
84,400 at 3.05%$358.11
84,400 at 3.06%$358.57
84,400 at 3.07%$359.03
84,400 at 3.08%$359.49
84,400 at 3.09%$359.94
84,400 at 3.1%$360.40
84,400 at 3.11%$360.86
84,400 at 3.12%$361.32
84,400 at 3.13%$361.78
84,400 at 3.14%$362.24
84,400 at 3.15%$362.70
84,400 at 3.16%$363.16
84,400 at 3.17%$363.62
84,400 at 3.18%$364.08
84,400 at 3.19%$364.54
84,400 at 3.2%$365.00
84,400 at 3.21%$365.46
84,400 at 3.22%$365.93
84,400 at 3.23%$366.39
84,400 at 3.24%$366.85
84,400 at 3.25%$367.31
84,400 at 3.26%$367.78
84,400 at 3.27%$368.24
84,400 at 3.28%$368.71
84,400 at 3.29%$369.17
84,400 at 3.3%$369.63
84,400 at 3.31%$370.10
84,400 at 3.32%$370.56
84,400 at 3.33%$371.03
84,400 at 3.34%$371.50
84,400 at 3.35%$371.96
84,400 at 3.36%$372.43
84,400 at 3.37%$372.90
84,400 at 3.38%$373.36
84,400 at 3.39%$373.83
84,400 at 3.4%$374.30
84,400 at 3.41%$374.77
84,400 at 3.42%$375.23
84,400 at 3.43%$375.70
84,400 at 3.44%$376.17
84,400 at 3.45%$376.64
84,400 at 3.46%$377.11
84,400 at 3.47%$377.58
84,400 at 3.48%$378.05
84,400 at 3.49%$378.52
84,400 at 3.5%$378.99
Interest Rate 30 Year
84,400 at 3.51%$379.47
84,400 at 3.52%$379.94
84,400 at 3.53%$380.41
84,400 at 3.54%$380.88
84,400 at 3.55%$381.35
84,400 at 3.56%$381.83
84,400 at 3.57%$382.30
84,400 at 3.58%$382.77
84,400 at 3.59%$383.25
84,400 at 3.6%$383.72
84,400 at 3.61%$384.20
84,400 at 3.62%$384.67
84,400 at 3.63%$385.14
84,400 at 3.64%$385.62
84,400 at 3.65%$386.10
84,400 at 3.66%$386.57
84,400 at 3.67%$387.05
84,400 at 3.68%$387.52
84,400 at 3.69%$388.00
84,400 at 3.7%$388.48
84,400 at 3.71%$388.96
84,400 at 3.72%$389.43
84,400 at 3.73%$389.91
84,400 at 3.74%$390.39
84,400 at 3.75%$390.87
84,400 at 3.76%$391.35
84,400 at 3.77%$391.83
84,400 at 3.78%$392.31
84,400 at 3.79%$392.79
84,400 at 3.8%$393.27
84,400 at 3.81%$393.75
84,400 at 3.82%$394.23
84,400 at 3.83%$394.71
84,400 at 3.84%$395.19
84,400 at 3.85%$395.67
84,400 at 3.86%$396.16
84,400 at 3.87%$396.64
84,400 at 3.88%$397.12
84,400 at 3.89%$397.60
84,400 at 3.9%$398.09
84,400 at 3.91%$398.57
84,400 at 3.92%$399.06
84,400 at 3.93%$399.54
84,400 at 3.94%$400.02
84,400 at 3.95%$400.51
84,400 at 3.96%$400.99
84,400 at 3.97%$401.48
84,400 at 3.98%$401.97
84,400 at 3.99%$402.45
84,400 at 4%$402.94
84,400 at 4.01%$403.43
84,400 at 4.02%$403.91
84,400 at 4.03%$404.40
84,400 at 4.04%$404.89
84,400 at 4.05%$405.38
84,400 at 4.06%$405.86
84,400 at 4.07%$406.35
84,400 at 4.08%$406.84
84,400 at 4.09%$407.33
84,400 at 4.1%$407.82
84,400 at 4.11%$408.31
84,400 at 4.12%$408.80
84,400 at 4.13%$409.29
84,400 at 4.14%$409.78
84,400 at 4.15%$410.27
84,400 at 4.16%$410.76
84,400 at 4.17%$411.25
84,400 at 4.18%$411.75
84,400 at 4.19%$412.24
84,400 at 4.2%$412.73
84,400 at 4.21%$413.22
84,400 at 4.22%$413.72
84,400 at 4.23%$414.21
84,400 at 4.24%$414.70
84,400 at 4.25%$415.20
84,400 at 4.26%$415.69
84,400 at 4.27%$416.19
84,400 at 4.28%$416.68
84,400 at 4.29%$417.18
84,400 at 4.3%$417.67
84,400 at 4.31%$418.17
84,400 at 4.32%$418.66
84,400 at 4.33%$419.16
84,400 at 4.34%$419.66
84,400 at 4.35%$420.15
84,400 at 4.36%$420.65
84,400 at 4.37%$421.15
84,400 at 4.38%$421.65
84,400 at 4.39%$422.14
84,400 at 4.4%$422.64
84,400 at 4.41%$423.14
84,400 at 4.42%$423.64
84,400 at 4.43%$424.14
84,400 at 4.44%$424.64
84,400 at 4.45%$425.14
84,400 at 4.46%$425.64
84,400 at 4.47%$426.14
84,400 at 4.48%$426.64
84,400 at 4.49%$427.14
84,400 at 4.5%$427.64
84,400 at 4.51%$428.14
84,400 at 4.52%$428.65
84,400 at 4.53%$429.15
84,400 at 4.54%$429.65
84,400 at 4.55%$430.15
84,400 at 4.56%$430.66
84,400 at 4.57%$431.16
84,400 at 4.58%$431.66
84,400 at 4.59%$432.17
84,400 at 4.6%$432.67
84,400 at 4.61%$433.18
84,400 at 4.62%$433.68
84,400 at 4.63%$434.19
84,400 at 4.64%$434.69
84,400 at 4.65%$435.20
84,400 at 4.66%$435.70
84,400 at 4.67%$436.21
84,400 at 4.68%$436.72
84,400 at 4.69%$437.22
84,400 at 4.7%$437.73
84,400 at 4.71%$438.24
84,400 at 4.72%$438.75
84,400 at 4.73%$439.25
84,400 at 4.74%$439.76
84,400 at 4.75%$440.27
84,400 at 4.76%$440.78
84,400 at 4.77%$441.29
84,400 at 4.78%$441.80
84,400 at 4.79%$442.31
84,400 at 4.8%$442.82
84,400 at 4.81%$443.33
84,400 at 4.82%$443.84
84,400 at 4.83%$444.35
84,400 at 4.84%$444.86
84,400 at 4.85%$445.37
84,400 at 4.86%$445.88
84,400 at 4.87%$446.40
84,400 at 4.88%$446.91
84,400 at 4.89%$447.42
84,400 at 4.9%$447.93
84,400 at 4.91%$448.45
84,400 at 4.92%$448.96
84,400 at 4.93%$449.47
84,400 at 4.94%$449.99
84,400 at 4.95%$450.50
84,400 at 4.96%$451.02
84,400 at 4.97%$451.53
84,400 at 4.98%$452.05
84,400 at 4.99%$452.56
84,400 at 5%$453.08
Interest Rate 30 Year
84,400 at 5.01%$453.59
84,400 at 5.02%$454.11
84,400 at 5.03%$454.63
84,400 at 5.04%$455.14
84,400 at 5.05%$455.66
84,400 at 5.06%$456.18
84,400 at 5.07%$456.70
84,400 at 5.08%$457.21
84,400 at 5.09%$457.73
84,400 at 5.1%$458.25
84,400 at 5.11%$458.77
84,400 at 5.12%$459.29
84,400 at 5.13%$459.81
84,400 at 5.14%$460.33
84,400 at 5.15%$460.85
84,400 at 5.16%$461.37
84,400 at 5.17%$461.89
84,400 at 5.18%$462.41
84,400 at 5.19%$462.93
84,400 at 5.2%$463.45
84,400 at 5.21%$463.97
84,400 at 5.22%$464.49
84,400 at 5.23%$465.01
84,400 at 5.24%$465.54
84,400 at 5.25%$466.06
84,400 at 5.26%$466.58
84,400 at 5.27%$467.11
84,400 at 5.28%$467.63
84,400 at 5.29%$468.15
84,400 at 5.3%$468.68
84,400 at 5.31%$469.20
84,400 at 5.32%$469.73
84,400 at 5.33%$470.25
84,400 at 5.34%$470.78
84,400 at 5.35%$471.30
84,400 at 5.36%$471.83
84,400 at 5.37%$472.35
84,400 at 5.38%$472.88
84,400 at 5.39%$473.41
84,400 at 5.4%$473.93
84,400 at 5.41%$474.46
84,400 at 5.42%$474.99
84,400 at 5.43%$475.51
84,400 at 5.44%$476.04
84,400 at 5.45%$476.57
84,400 at 5.46%$477.10
84,400 at 5.47%$477.63
84,400 at 5.48%$478.16
84,400 at 5.49%$478.68
84,400 at 5.5%$479.21
84,400 at 5.51%$479.74
84,400 at 5.52%$480.27
84,400 at 5.53%$480.80
84,400 at 5.54%$481.33
84,400 at 5.55%$481.86
84,400 at 5.56%$482.40
84,400 at 5.57%$482.93
84,400 at 5.58%$483.46
84,400 at 5.59%$483.99
84,400 at 5.6%$484.52
84,400 at 5.61%$485.05
84,400 at 5.62%$485.59
84,400 at 5.63%$486.12
84,400 at 5.64%$486.65
84,400 at 5.65%$487.19
84,400 at 5.66%$487.72
84,400 at 5.67%$488.25
84,400 at 5.68%$488.79
84,400 at 5.69%$489.32
84,400 at 5.7%$489.86
84,400 at 5.71%$490.39
84,400 at 5.72%$490.93
84,400 at 5.73%$491.46
84,400 at 5.74%$492.00
84,400 at 5.75%$492.54
84,400 at 5.76%$493.07
84,400 at 5.77%$493.61
84,400 at 5.78%$494.15
84,400 at 5.79%$494.68
84,400 at 5.8%$495.22
84,400 at 5.81%$495.76
84,400 at 5.82%$496.30
84,400 at 5.83%$496.83
84,400 at 5.84%$497.37
84,400 at 5.85%$497.91
84,400 at 5.86%$498.45
84,400 at 5.87%$498.99
84,400 at 5.88%$499.53
84,400 at 5.89%$500.07
84,400 at 5.9%$500.61
84,400 at 5.91%$501.15
84,400 at 5.92%$501.69
84,400 at 5.93%$502.23
84,400 at 5.94%$502.77
84,400 at 5.95%$503.31
84,400 at 5.96%$503.85
84,400 at 5.97%$504.39
84,400 at 5.98%$504.94
84,400 at 5.99%$505.48
84,400 at 6%$506.02
84,400 at 6.01%$506.56
84,400 at 6.02%$507.11
84,400 at 6.03%$507.65
84,400 at 6.04%$508.19
84,400 at 6.05%$508.74
84,400 at 6.06%$509.28
84,400 at 6.07%$509.83
84,400 at 6.08%$510.37
84,400 at 6.09%$510.91
84,400 at 6.1%$511.46
84,400 at 6.11%$512.00
84,400 at 6.12%$512.55
84,400 at 6.13%$513.10
84,400 at 6.14%$513.64
84,400 at 6.15%$514.19
84,400 at 6.16%$514.74
84,400 at 6.17%$515.28
84,400 at 6.18%$515.83
84,400 at 6.19%$516.38
84,400 at 6.2%$516.92
84,400 at 6.21%$517.47
84,400 at 6.22%$518.02
84,400 at 6.23%$518.57
84,400 at 6.24%$519.12
84,400 at 6.25%$519.67
84,400 at 6.26%$520.21
84,400 at 6.27%$520.76
84,400 at 6.28%$521.31
84,400 at 6.29%$521.86
84,400 at 6.3%$522.41
84,400 at 6.31%$522.96
84,400 at 6.32%$523.51
84,400 at 6.33%$524.06
84,400 at 6.34%$524.62
84,400 at 6.35%$525.17
84,400 at 6.36%$525.72
84,400 at 6.37%$526.27
84,400 at 6.38%$526.82
84,400 at 6.39%$527.37
84,400 at 6.4%$527.93
84,400 at 6.41%$528.48
84,400 at 6.42%$529.03
84,400 at 6.43%$529.59
84,400 at 6.44%$530.14
84,400 at 6.45%$530.69
84,400 at 6.46%$531.25
84,400 at 6.47%$531.80
84,400 at 6.48%$532.36
84,400 at 6.49%$532.91
84,400 at 6.5%$533.47
Interest Rate 30 Year
84,400 at 6.51%$534.02
84,400 at 6.52%$534.58
84,400 at 6.53%$535.13
84,400 at 6.54%$535.69
84,400 at 6.55%$536.24
84,400 at 6.56%$536.80
84,400 at 6.57%$537.36
84,400 at 6.58%$537.91
84,400 at 6.59%$538.47
84,400 at 6.6%$539.03
84,400 at 6.61%$539.59
84,400 at 6.62%$540.14
84,400 at 6.63%$540.70
84,400 at 6.64%$541.26
84,400 at 6.65%$541.82
84,400 at 6.66%$542.38
84,400 at 6.67%$542.94
84,400 at 6.68%$543.50
84,400 at 6.69%$544.05
84,400 at 6.7%$544.61
84,400 at 6.71%$545.17
84,400 at 6.72%$545.73
84,400 at 6.73%$546.30
84,400 at 6.74%$546.86
84,400 at 6.75%$547.42
84,400 at 6.76%$547.98
84,400 at 6.77%$548.54
84,400 at 6.78%$549.10
84,400 at 6.79%$549.66
84,400 at 6.8%$550.22
84,400 at 6.81%$550.79
84,400 at 6.82%$551.35
84,400 at 6.83%$551.91
84,400 at 6.84%$552.48
84,400 at 6.85%$553.04
84,400 at 6.86%$553.60
84,400 at 6.87%$554.17
84,400 at 6.88%$554.73
84,400 at 6.89%$555.29
84,400 at 6.9%$555.86
84,400 at 6.91%$556.42
84,400 at 6.92%$556.99
84,400 at 6.93%$557.55
84,400 at 6.94%$558.12
84,400 at 6.95%$558.68
84,400 at 6.96%$559.25
84,400 at 6.97%$559.82
84,400 at 6.98%$560.38
84,400 at 6.99%$560.95
84,400 at 7%$561.52
84,400 at 7.01%$562.08
84,400 at 7.02%$562.65
84,400 at 7.03%$563.22
84,400 at 7.04%$563.78
84,400 at 7.05%$564.35
84,400 at 7.06%$564.92
84,400 at 7.07%$565.49
84,400 at 7.08%$566.06
84,400 at 7.09%$566.63
84,400 at 7.1%$567.19
84,400 at 7.11%$567.76
84,400 at 7.12%$568.33
84,400 at 7.13%$568.90
84,400 at 7.14%$569.47
84,400 at 7.15%$570.04
84,400 at 7.16%$570.61
84,400 at 7.17%$571.18
84,400 at 7.18%$571.75
84,400 at 7.19%$572.33
84,400 at 7.2%$572.90
84,400 at 7.21%$573.47
84,400 at 7.22%$574.04
84,400 at 7.23%$574.61
84,400 at 7.24%$575.18
84,400 at 7.25%$575.76
84,400 at 7.26%$576.33
84,400 at 7.27%$576.90
84,400 at 7.28%$577.48
84,400 at 7.29%$578.05
84,400 at 7.3%$578.62
84,400 at 7.31%$579.20
84,400 at 7.32%$579.77
84,400 at 7.33%$580.34
84,400 at 7.34%$580.92
84,400 at 7.35%$581.49
84,400 at 7.36%$582.07
84,400 at 7.37%$582.64
84,400 at 7.38%$583.22
84,400 at 7.39%$583.79
84,400 at 7.4%$584.37
84,400 at 7.41%$584.94
84,400 at 7.42%$585.52
84,400 at 7.43%$586.10
84,400 at 7.44%$586.67
84,400 at 7.45%$587.25
84,400 at 7.46%$587.83
84,400 at 7.47%$588.40
84,400 at 7.48%$588.98
84,400 at 7.49%$589.56
84,400 at 7.5%$590.14
84,400 at 7.51%$590.72
84,400 at 7.52%$591.29
84,400 at 7.53%$591.87
84,400 at 7.54%$592.45
84,400 at 7.55%$593.03
84,400 at 7.56%$593.61
84,400 at 7.57%$594.19
84,400 at 7.58%$594.77
84,400 at 7.59%$595.35
84,400 at 7.6%$595.93
84,400 at 7.61%$596.51
84,400 at 7.62%$597.09
84,400 at 7.63%$597.67
84,400 at 7.64%$598.25
84,400 at 7.65%$598.83
84,400 at 7.66%$599.41
84,400 at 7.67%$599.99
84,400 at 7.68%$600.57
84,400 at 7.69%$601.16
84,400 at 7.7%$601.74
84,400 at 7.71%$602.32
84,400 at 7.72%$602.90
84,400 at 7.73%$603.49
84,400 at 7.74%$604.07
84,400 at 7.75%$604.65
84,400 at 7.76%$605.24
84,400 at 7.77%$605.82
84,400 at 7.78%$606.40
84,400 at 7.79%$606.99
84,400 at 7.8%$607.57
84,400 at 7.81%$608.16
84,400 at 7.82%$608.74
84,400 at 7.83%$609.32
84,400 at 7.84%$609.91
84,400 at 7.85%$610.49
84,400 at 7.86%$611.08
84,400 at 7.87%$611.67
84,400 at 7.88%$612.25
84,400 at 7.89%$612.84
84,400 at 7.9%$613.42
84,400 at 7.91%$614.01
84,400 at 7.92%$614.60
84,400 at 7.93%$615.18
84,400 at 7.94%$615.77
84,400 at 7.95%$616.36
84,400 at 7.96%$616.95
84,400 at 7.97%$617.53
84,400 at 7.98%$618.12
84,400 at 7.99%$618.71
84,400 at 8%$619.30
More Amounts
What is the down payment for a $84,400 house? How much do you need to put down?
Percent Down Down Payment
1%844
2%1,688
3%2,532
4%3,376
5%4,220
6%5,064
7%5,908
8%6,752
9%7,596
10%8,440
11%9,284
12%10,128
13%10,972
14%11,816
15%12,660
16%13,504
17%14,348
18%15,192
19%16,036
20%16,880
Percent Down Down Payment
21%17,724
22%18,568
23%19,412
24%20,256
25%21,100
26%21,944
27%22,788
28%23,632
29%24,476
30%25,320
31%26,164
32%27,008
33%27,852
34%28,696
35%29,540
36%30,384
37%31,228
38%32,072
39%32,916
40%33,760
Percent Down Down Payment
41%34,604
42%35,448
43%36,292
44%37,136
45%37,980
46%38,824
47%39,668
48%40,512
49%41,356
50%42,200
51%43,044
52%43,888
53%44,732
54%45,576
55%46,420
56%47,264
57%48,108
58%48,952
59%49,796
60%50,640
Percent Down Down Payment
61%51,484
62%52,328
63%53,172
64%54,016
65%54,860
66%55,704
67%56,548
68%57,392
69%58,236
70%59,080
71%59,924
72%60,768
73%61,612
74%62,456
75%63,300
76%64,144
77%64,988
78%65,832
79%66,676
80%67,520
Percent Down Down Payment
81%68,364
82%69,208
83%70,052
84%70,896
85%71,740
86%72,584
87%73,428
88%74,272
89%75,116
90%75,960
91%76,804
92%77,648
93%78,492
94%79,336
95%80,180
96%81,024
97%81,868
98%82,712
99%83,556
100%84,400
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.