$102,650 Mortgage for 30 Years

What is the monthly payment of a 102,650 dollar loan?
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Loan Tables for a $102,650 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 103k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $102,650 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
102,650 at 2.01%$379.93
102,650 at 2.02%$380.44
102,650 at 2.03%$380.96
102,650 at 2.04%$381.47
102,650 at 2.05%$381.99
102,650 at 2.06%$382.50
102,650 at 2.07%$383.02
102,650 at 2.08%$383.53
102,650 at 2.09%$384.05
102,650 at 2.1%$384.57
102,650 at 2.11%$385.09
102,650 at 2.12%$385.60
102,650 at 2.13%$386.12
102,650 at 2.14%$386.64
102,650 at 2.15%$387.16
102,650 at 2.16%$387.68
102,650 at 2.17%$388.20
102,650 at 2.18%$388.72
102,650 at 2.19%$389.24
102,650 at 2.2%$389.76
102,650 at 2.21%$390.28
102,650 at 2.22%$390.81
102,650 at 2.23%$391.33
102,650 at 2.24%$391.85
102,650 at 2.25%$392.38
102,650 at 2.26%$392.90
102,650 at 2.27%$393.42
102,650 at 2.28%$393.95
102,650 at 2.29%$394.47
102,650 at 2.3%$395.00
102,650 at 2.31%$395.52
102,650 at 2.32%$396.05
102,650 at 2.33%$396.58
102,650 at 2.34%$397.10
102,650 at 2.35%$397.63
102,650 at 2.36%$398.16
102,650 at 2.37%$398.69
102,650 at 2.38%$399.22
102,650 at 2.39%$399.75
102,650 at 2.4%$400.27
102,650 at 2.41%$400.80
102,650 at 2.42%$401.33
102,650 at 2.43%$401.87
102,650 at 2.44%$402.40
102,650 at 2.45%$402.93
102,650 at 2.46%$403.46
102,650 at 2.47%$403.99
102,650 at 2.48%$404.53
102,650 at 2.49%$405.06
102,650 at 2.5%$405.59
102,650 at 2.51%$406.13
102,650 at 2.52%$406.66
102,650 at 2.53%$407.19
102,650 at 2.54%$407.73
102,650 at 2.55%$408.27
102,650 at 2.56%$408.80
102,650 at 2.57%$409.34
102,650 at 2.58%$409.87
102,650 at 2.59%$410.41
102,650 at 2.6%$410.95
102,650 at 2.61%$411.49
102,650 at 2.62%$412.02
102,650 at 2.63%$412.56
102,650 at 2.64%$413.10
102,650 at 2.65%$413.64
102,650 at 2.66%$414.18
102,650 at 2.67%$414.72
102,650 at 2.68%$415.26
102,650 at 2.69%$415.80
102,650 at 2.7%$416.35
102,650 at 2.71%$416.89
102,650 at 2.72%$417.43
102,650 at 2.73%$417.97
102,650 at 2.74%$418.52
102,650 at 2.75%$419.06
102,650 at 2.76%$419.60
102,650 at 2.77%$420.15
102,650 at 2.78%$420.69
102,650 at 2.79%$421.24
102,650 at 2.8%$421.78
102,650 at 2.81%$422.33
102,650 at 2.82%$422.88
102,650 at 2.83%$423.42
102,650 at 2.84%$423.97
102,650 at 2.85%$424.52
102,650 at 2.86%$425.06
102,650 at 2.87%$425.61
102,650 at 2.88%$426.16
102,650 at 2.89%$426.71
102,650 at 2.9%$427.26
102,650 at 2.91%$427.81
102,650 at 2.92%$428.36
102,650 at 2.93%$428.91
102,650 at 2.94%$429.46
102,650 at 2.95%$430.01
102,650 at 2.96%$430.57
102,650 at 2.97%$431.12
102,650 at 2.98%$431.67
102,650 at 2.99%$432.22
102,650 at 3%$432.78
102,650 at 3.01%$433.33
102,650 at 3.02%$433.88
102,650 at 3.03%$434.44
102,650 at 3.04%$434.99
102,650 at 3.05%$435.55
102,650 at 3.06%$436.11
102,650 at 3.07%$436.66
102,650 at 3.08%$437.22
102,650 at 3.09%$437.77
102,650 at 3.1%$438.33
102,650 at 3.11%$438.89
102,650 at 3.12%$439.45
102,650 at 3.13%$440.01
102,650 at 3.14%$440.57
102,650 at 3.15%$441.12
102,650 at 3.16%$441.68
102,650 at 3.17%$442.24
102,650 at 3.18%$442.81
102,650 at 3.19%$443.37
102,650 at 3.2%$443.93
102,650 at 3.21%$444.49
102,650 at 3.22%$445.05
102,650 at 3.23%$445.61
102,650 at 3.24%$446.18
102,650 at 3.25%$446.74
102,650 at 3.26%$447.30
102,650 at 3.27%$447.87
102,650 at 3.28%$448.43
102,650 at 3.29%$449.00
102,650 at 3.3%$449.56
102,650 at 3.31%$450.13
102,650 at 3.32%$450.69
102,650 at 3.33%$451.26
102,650 at 3.34%$451.83
102,650 at 3.35%$452.39
102,650 at 3.36%$452.96
102,650 at 3.37%$453.53
102,650 at 3.38%$454.10
102,650 at 3.39%$454.66
102,650 at 3.4%$455.23
102,650 at 3.41%$455.80
102,650 at 3.42%$456.37
102,650 at 3.43%$456.94
102,650 at 3.44%$457.51
102,650 at 3.45%$458.08
102,650 at 3.46%$458.66
102,650 at 3.47%$459.23
102,650 at 3.48%$459.80
102,650 at 3.49%$460.37
102,650 at 3.5%$460.94
Interest Rate 30 Year
102,650 at 3.51%$461.52
102,650 at 3.52%$462.09
102,650 at 3.53%$462.67
102,650 at 3.54%$463.24
102,650 at 3.55%$463.81
102,650 at 3.56%$464.39
102,650 at 3.57%$464.96
102,650 at 3.58%$465.54
102,650 at 3.59%$466.12
102,650 at 3.6%$466.69
102,650 at 3.61%$467.27
102,650 at 3.62%$467.85
102,650 at 3.63%$468.43
102,650 at 3.64%$469.00
102,650 at 3.65%$469.58
102,650 at 3.66%$470.16
102,650 at 3.67%$470.74
102,650 at 3.68%$471.32
102,650 at 3.69%$471.90
102,650 at 3.7%$472.48
102,650 at 3.71%$473.06
102,650 at 3.72%$473.64
102,650 at 3.73%$474.22
102,650 at 3.74%$474.81
102,650 at 3.75%$475.39
102,650 at 3.76%$475.97
102,650 at 3.77%$476.55
102,650 at 3.78%$477.14
102,650 at 3.79%$477.72
102,650 at 3.8%$478.31
102,650 at 3.81%$478.89
102,650 at 3.82%$479.47
102,650 at 3.83%$480.06
102,650 at 3.84%$480.65
102,650 at 3.85%$481.23
102,650 at 3.86%$481.82
102,650 at 3.87%$482.40
102,650 at 3.88%$482.99
102,650 at 3.89%$483.58
102,650 at 3.9%$484.17
102,650 at 3.91%$484.76
102,650 at 3.92%$485.34
102,650 at 3.93%$485.93
102,650 at 3.94%$486.52
102,650 at 3.95%$487.11
102,650 at 3.96%$487.70
102,650 at 3.97%$488.29
102,650 at 3.98%$488.88
102,650 at 3.99%$489.48
102,650 at 4%$490.07
102,650 at 4.01%$490.66
102,650 at 4.02%$491.25
102,650 at 4.03%$491.84
102,650 at 4.04%$492.44
102,650 at 4.05%$493.03
102,650 at 4.06%$493.62
102,650 at 4.07%$494.22
102,650 at 4.08%$494.81
102,650 at 4.09%$495.41
102,650 at 4.1%$496.00
102,650 at 4.11%$496.60
102,650 at 4.12%$497.19
102,650 at 4.13%$497.79
102,650 at 4.14%$498.39
102,650 at 4.15%$498.99
102,650 at 4.16%$499.58
102,650 at 4.17%$500.18
102,650 at 4.18%$500.78
102,650 at 4.19%$501.38
102,650 at 4.2%$501.98
102,650 at 4.21%$502.58
102,650 at 4.22%$503.18
102,650 at 4.23%$503.78
102,650 at 4.24%$504.38
102,650 at 4.25%$504.98
102,650 at 4.26%$505.58
102,650 at 4.27%$506.18
102,650 at 4.28%$506.78
102,650 at 4.29%$507.38
102,650 at 4.3%$507.99
102,650 at 4.31%$508.59
102,650 at 4.32%$509.19
102,650 at 4.33%$509.80
102,650 at 4.34%$510.40
102,650 at 4.35%$511.00
102,650 at 4.36%$511.61
102,650 at 4.37%$512.21
102,650 at 4.38%$512.82
102,650 at 4.39%$513.42
102,650 at 4.4%$514.03
102,650 at 4.41%$514.64
102,650 at 4.42%$515.24
102,650 at 4.43%$515.85
102,650 at 4.44%$516.46
102,650 at 4.45%$517.07
102,650 at 4.46%$517.68
102,650 at 4.47%$518.28
102,650 at 4.48%$518.89
102,650 at 4.49%$519.50
102,650 at 4.5%$520.11
102,650 at 4.51%$520.72
102,650 at 4.52%$521.33
102,650 at 4.53%$521.94
102,650 at 4.54%$522.56
102,650 at 4.55%$523.17
102,650 at 4.56%$523.78
102,650 at 4.57%$524.39
102,650 at 4.58%$525.00
102,650 at 4.59%$525.62
102,650 at 4.6%$526.23
102,650 at 4.61%$526.84
102,650 at 4.62%$527.46
102,650 at 4.63%$528.07
102,650 at 4.64%$528.69
102,650 at 4.65%$529.30
102,650 at 4.66%$529.92
102,650 at 4.67%$530.53
102,650 at 4.68%$531.15
102,650 at 4.69%$531.76
102,650 at 4.7%$532.38
102,650 at 4.71%$533.00
102,650 at 4.72%$533.62
102,650 at 4.73%$534.23
102,650 at 4.74%$534.85
102,650 at 4.75%$535.47
102,650 at 4.76%$536.09
102,650 at 4.77%$536.71
102,650 at 4.78%$537.33
102,650 at 4.79%$537.95
102,650 at 4.8%$538.57
102,650 at 4.81%$539.19
102,650 at 4.82%$539.81
102,650 at 4.83%$540.43
102,650 at 4.84%$541.05
102,650 at 4.85%$541.68
102,650 at 4.86%$542.30
102,650 at 4.87%$542.92
102,650 at 4.88%$543.54
102,650 at 4.89%$544.17
102,650 at 4.9%$544.79
102,650 at 4.91%$545.42
102,650 at 4.92%$546.04
102,650 at 4.93%$546.66
102,650 at 4.94%$547.29
102,650 at 4.95%$547.91
102,650 at 4.96%$548.54
102,650 at 4.97%$549.17
102,650 at 4.98%$549.79
102,650 at 4.99%$550.42
102,650 at 5%$551.05
Interest Rate 30 Year
102,650 at 5.01%$551.67
102,650 at 5.02%$552.30
102,650 at 5.03%$552.93
102,650 at 5.04%$553.56
102,650 at 5.05%$554.19
102,650 at 5.06%$554.82
102,650 at 5.07%$555.45
102,650 at 5.08%$556.08
102,650 at 5.09%$556.71
102,650 at 5.1%$557.34
102,650 at 5.11%$557.97
102,650 at 5.12%$558.60
102,650 at 5.13%$559.23
102,650 at 5.14%$559.86
102,650 at 5.15%$560.50
102,650 at 5.16%$561.13
102,650 at 5.17%$561.76
102,650 at 5.18%$562.39
102,650 at 5.19%$563.03
102,650 at 5.2%$563.66
102,650 at 5.21%$564.30
102,650 at 5.22%$564.93
102,650 at 5.23%$565.57
102,650 at 5.24%$566.20
102,650 at 5.25%$566.84
102,650 at 5.26%$567.47
102,650 at 5.27%$568.11
102,650 at 5.28%$568.75
102,650 at 5.29%$569.38
102,650 at 5.3%$570.02
102,650 at 5.31%$570.66
102,650 at 5.32%$571.30
102,650 at 5.33%$571.93
102,650 at 5.34%$572.57
102,650 at 5.35%$573.21
102,650 at 5.36%$573.85
102,650 at 5.37%$574.49
102,650 at 5.38%$575.13
102,650 at 5.39%$575.77
102,650 at 5.4%$576.41
102,650 at 5.41%$577.05
102,650 at 5.42%$577.69
102,650 at 5.43%$578.34
102,650 at 5.44%$578.98
102,650 at 5.45%$579.62
102,650 at 5.46%$580.26
102,650 at 5.47%$580.90
102,650 at 5.48%$581.55
102,650 at 5.49%$582.19
102,650 at 5.5%$582.84
102,650 at 5.51%$583.48
102,650 at 5.52%$584.12
102,650 at 5.53%$584.77
102,650 at 5.54%$585.41
102,650 at 5.55%$586.06
102,650 at 5.56%$586.71
102,650 at 5.57%$587.35
102,650 at 5.58%$588.00
102,650 at 5.59%$588.64
102,650 at 5.6%$589.29
102,650 at 5.61%$589.94
102,650 at 5.62%$590.59
102,650 at 5.63%$591.24
102,650 at 5.64%$591.88
102,650 at 5.65%$592.53
102,650 at 5.66%$593.18
102,650 at 5.67%$593.83
102,650 at 5.68%$594.48
102,650 at 5.69%$595.13
102,650 at 5.7%$595.78
102,650 at 5.71%$596.43
102,650 at 5.72%$597.08
102,650 at 5.73%$597.73
102,650 at 5.74%$598.39
102,650 at 5.75%$599.04
102,650 at 5.76%$599.69
102,650 at 5.77%$600.34
102,650 at 5.78%$601.00
102,650 at 5.79%$601.65
102,650 at 5.8%$602.30
102,650 at 5.81%$602.96
102,650 at 5.82%$603.61
102,650 at 5.83%$604.26
102,650 at 5.84%$604.92
102,650 at 5.85%$605.57
102,650 at 5.86%$606.23
102,650 at 5.87%$606.89
102,650 at 5.88%$607.54
102,650 at 5.89%$608.20
102,650 at 5.9%$608.85
102,650 at 5.91%$609.51
102,650 at 5.92%$610.17
102,650 at 5.93%$610.83
102,650 at 5.94%$611.48
102,650 at 5.95%$612.14
102,650 at 5.96%$612.80
102,650 at 5.97%$613.46
102,650 at 5.98%$614.12
102,650 at 5.99%$614.78
102,650 at 6%$615.44
102,650 at 6.01%$616.10
102,650 at 6.02%$616.76
102,650 at 6.03%$617.42
102,650 at 6.04%$618.08
102,650 at 6.05%$618.74
102,650 at 6.06%$619.40
102,650 at 6.07%$620.07
102,650 at 6.08%$620.73
102,650 at 6.09%$621.39
102,650 at 6.1%$622.05
102,650 at 6.11%$622.72
102,650 at 6.12%$623.38
102,650 at 6.13%$624.04
102,650 at 6.14%$624.71
102,650 at 6.15%$625.37
102,650 at 6.16%$626.04
102,650 at 6.17%$626.70
102,650 at 6.18%$627.37
102,650 at 6.19%$628.03
102,650 at 6.2%$628.70
102,650 at 6.21%$629.37
102,650 at 6.22%$630.03
102,650 at 6.23%$630.70
102,650 at 6.24%$631.37
102,650 at 6.25%$632.03
102,650 at 6.26%$632.70
102,650 at 6.27%$633.37
102,650 at 6.28%$634.04
102,650 at 6.29%$634.71
102,650 at 6.3%$635.38
102,650 at 6.31%$636.04
102,650 at 6.32%$636.71
102,650 at 6.33%$637.38
102,650 at 6.34%$638.05
102,650 at 6.35%$638.72
102,650 at 6.36%$639.40
102,650 at 6.37%$640.07
102,650 at 6.38%$640.74
102,650 at 6.39%$641.41
102,650 at 6.4%$642.08
102,650 at 6.41%$642.75
102,650 at 6.42%$643.43
102,650 at 6.43%$644.10
102,650 at 6.44%$644.77
102,650 at 6.45%$645.45
102,650 at 6.46%$646.12
102,650 at 6.47%$646.79
102,650 at 6.48%$647.47
102,650 at 6.49%$648.14
102,650 at 6.5%$648.82
Interest Rate 30 Year
102,650 at 6.51%$649.49
102,650 at 6.52%$650.17
102,650 at 6.53%$650.84
102,650 at 6.54%$651.52
102,650 at 6.55%$652.20
102,650 at 6.56%$652.87
102,650 at 6.57%$653.55
102,650 at 6.58%$654.23
102,650 at 6.59%$654.91
102,650 at 6.6%$655.58
102,650 at 6.61%$656.26
102,650 at 6.62%$656.94
102,650 at 6.63%$657.62
102,650 at 6.64%$658.30
102,650 at 6.65%$658.98
102,650 at 6.66%$659.66
102,650 at 6.67%$660.34
102,650 at 6.68%$661.02
102,650 at 6.69%$661.70
102,650 at 6.7%$662.38
102,650 at 6.71%$663.06
102,650 at 6.72%$663.74
102,650 at 6.73%$664.42
102,650 at 6.74%$665.10
102,650 at 6.75%$665.79
102,650 at 6.76%$666.47
102,650 at 6.77%$667.15
102,650 at 6.78%$667.83
102,650 at 6.79%$668.52
102,650 at 6.8%$669.20
102,650 at 6.81%$669.89
102,650 at 6.82%$670.57
102,650 at 6.83%$671.25
102,650 at 6.84%$671.94
102,650 at 6.85%$672.62
102,650 at 6.86%$673.31
102,650 at 6.87%$673.99
102,650 at 6.88%$674.68
102,650 at 6.89%$675.37
102,650 at 6.9%$676.05
102,650 at 6.91%$676.74
102,650 at 6.92%$677.43
102,650 at 6.93%$678.11
102,650 at 6.94%$678.80
102,650 at 6.95%$679.49
102,650 at 6.96%$680.18
102,650 at 6.97%$680.87
102,650 at 6.98%$681.55
102,650 at 6.99%$682.24
102,650 at 7%$682.93
102,650 at 7.01%$683.62
102,650 at 7.02%$684.31
102,650 at 7.03%$685.00
102,650 at 7.04%$685.69
102,650 at 7.05%$686.38
102,650 at 7.06%$687.07
102,650 at 7.07%$687.77
102,650 at 7.08%$688.46
102,650 at 7.09%$689.15
102,650 at 7.1%$689.84
102,650 at 7.11%$690.53
102,650 at 7.12%$691.23
102,650 at 7.13%$691.92
102,650 at 7.14%$692.61
102,650 at 7.15%$693.31
102,650 at 7.16%$694.00
102,650 at 7.17%$694.69
102,650 at 7.18%$695.39
102,650 at 7.19%$696.08
102,650 at 7.2%$696.78
102,650 at 7.21%$697.47
102,650 at 7.22%$698.17
102,650 at 7.23%$698.86
102,650 at 7.24%$699.56
102,650 at 7.25%$700.25
102,650 at 7.26%$700.95
102,650 at 7.27%$701.65
102,650 at 7.28%$702.34
102,650 at 7.29%$703.04
102,650 at 7.3%$703.74
102,650 at 7.31%$704.44
102,650 at 7.32%$705.13
102,650 at 7.33%$705.83
102,650 at 7.34%$706.53
102,650 at 7.35%$707.23
102,650 at 7.36%$707.93
102,650 at 7.37%$708.63
102,650 at 7.38%$709.33
102,650 at 7.39%$710.03
102,650 at 7.4%$710.73
102,650 at 7.41%$711.43
102,650 at 7.42%$712.13
102,650 at 7.43%$712.83
102,650 at 7.44%$713.53
102,650 at 7.45%$714.23
102,650 at 7.46%$714.93
102,650 at 7.47%$715.64
102,650 at 7.48%$716.34
102,650 at 7.49%$717.04
102,650 at 7.5%$717.74
102,650 at 7.51%$718.45
102,650 at 7.52%$719.15
102,650 at 7.53%$719.85
102,650 at 7.54%$720.56
102,650 at 7.55%$721.26
102,650 at 7.56%$721.97
102,650 at 7.57%$722.67
102,650 at 7.58%$723.38
102,650 at 7.59%$724.08
102,650 at 7.6%$724.79
102,650 at 7.61%$725.49
102,650 at 7.62%$726.20
102,650 at 7.63%$726.90
102,650 at 7.64%$727.61
102,650 at 7.65%$728.32
102,650 at 7.66%$729.02
102,650 at 7.67%$729.73
102,650 at 7.68%$730.44
102,650 at 7.69%$731.15
102,650 at 7.7%$731.85
102,650 at 7.71%$732.56
102,650 at 7.72%$733.27
102,650 at 7.73%$733.98
102,650 at 7.74%$734.69
102,650 at 7.75%$735.40
102,650 at 7.76%$736.11
102,650 at 7.77%$736.82
102,650 at 7.78%$737.53
102,650 at 7.79%$738.24
102,650 at 7.8%$738.95
102,650 at 7.81%$739.66
102,650 at 7.82%$740.37
102,650 at 7.83%$741.08
102,650 at 7.84%$741.79
102,650 at 7.85%$742.50
102,650 at 7.86%$743.22
102,650 at 7.87%$743.93
102,650 at 7.88%$744.64
102,650 at 7.89%$745.35
102,650 at 7.9%$746.07
102,650 at 7.91%$746.78
102,650 at 7.92%$747.49
102,650 at 7.93%$748.21
102,650 at 7.94%$748.92
102,650 at 7.95%$749.63
102,650 at 7.96%$750.35
102,650 at 7.97%$751.06
102,650 at 7.98%$751.78
102,650 at 7.99%$752.49
102,650 at 8%$753.21
More Amounts
What is the down payment for a $102,650 house? How much do you need to put down?
Percent Down Down Payment
1%1,027
2%2,053
3%3,080
4%4,106
5%5,133
6%6,159
7%7,186
8%8,212
9%9,239
10%10,265
11%11,292
12%12,318
13%13,345
14%14,371
15%15,398
16%16,424
17%17,451
18%18,477
19%19,504
20%20,530
Percent Down Down Payment
21%21,557
22%22,583
23%23,610
24%24,636
25%25,663
26%26,689
27%27,716
28%28,742
29%29,769
30%30,795
31%31,822
32%32,848
33%33,875
34%34,901
35%35,928
36%36,954
37%37,981
38%39,007
39%40,034
40%41,060
Percent Down Down Payment
41%42,087
42%43,113
43%44,140
44%45,166
45%46,193
46%47,219
47%48,246
48%49,272
49%50,299
50%51,325
51%52,352
52%53,378
53%54,405
54%55,431
55%56,458
56%57,484
57%58,511
58%59,537
59%60,564
60%61,590
Percent Down Down Payment
61%62,617
62%63,643
63%64,670
64%65,696
65%66,723
66%67,749
67%68,776
68%69,802
69%70,829
70%71,855
71%72,882
72%73,908
73%74,935
74%75,961
75%76,988
76%78,014
77%79,041
78%80,067
79%81,094
80%82,120
Percent Down Down Payment
81%83,147
82%84,173
83%85,200
84%86,226
85%87,253
86%88,279
87%89,306
88%90,332
89%91,359
90%92,385
91%93,412
92%94,438
93%95,465
94%96,491
95%97,518
96%98,544
97%99,571
98%100,597
99%101,624
100%102,650
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.