Long Story Short…..I currently own a home and am paying 2300.00 a month on my mortgage. My loan is 296,000 at 30 years, with 6% interest. I have never been late on my payment in 2 years. Our mortgage is not equivalent to more then 31% of our income. Basically we can afford it, but would like to get a smaller mortgage. I had another home that was a foreclosure and the current house is clearly not at good value to refinance. I got denied for the Obama stability plan. So…….the million dollar question::::: Is there a way to lower my monthly mortgage payment, without missing a payment? Are there any other plans out there?