$113,400 Mortgage for 30 Years

What is the monthly payment of a 113,400 dollar loan?
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Loan Tables for a $113,400 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 113k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $113,400 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
113,400 at 2.01%$419.72
113,400 at 2.02%$420.28
113,400 at 2.03%$420.85
113,400 at 2.04%$421.42
113,400 at 2.05%$421.99
113,400 at 2.06%$422.56
113,400 at 2.07%$423.13
113,400 at 2.08%$423.70
113,400 at 2.09%$424.27
113,400 at 2.1%$424.84
113,400 at 2.11%$425.41
113,400 at 2.12%$425.99
113,400 at 2.13%$426.56
113,400 at 2.14%$427.13
113,400 at 2.15%$427.71
113,400 at 2.16%$428.28
113,400 at 2.17%$428.85
113,400 at 2.18%$429.43
113,400 at 2.19%$430.00
113,400 at 2.2%$430.58
113,400 at 2.21%$431.16
113,400 at 2.22%$431.73
113,400 at 2.23%$432.31
113,400 at 2.24%$432.89
113,400 at 2.25%$433.47
113,400 at 2.26%$434.05
113,400 at 2.27%$434.62
113,400 at 2.28%$435.20
113,400 at 2.29%$435.78
113,400 at 2.3%$436.36
113,400 at 2.31%$436.95
113,400 at 2.32%$437.53
113,400 at 2.33%$438.11
113,400 at 2.34%$438.69
113,400 at 2.35%$439.27
113,400 at 2.36%$439.86
113,400 at 2.37%$440.44
113,400 at 2.38%$441.02
113,400 at 2.39%$441.61
113,400 at 2.4%$442.19
113,400 at 2.41%$442.78
113,400 at 2.42%$443.36
113,400 at 2.43%$443.95
113,400 at 2.44%$444.54
113,400 at 2.45%$445.12
113,400 at 2.46%$445.71
113,400 at 2.47%$446.30
113,400 at 2.48%$446.89
113,400 at 2.49%$447.48
113,400 at 2.5%$448.07
113,400 at 2.51%$448.66
113,400 at 2.52%$449.25
113,400 at 2.53%$449.84
113,400 at 2.54%$450.43
113,400 at 2.55%$451.02
113,400 at 2.56%$451.61
113,400 at 2.57%$452.21
113,400 at 2.58%$452.80
113,400 at 2.59%$453.39
113,400 at 2.6%$453.99
113,400 at 2.61%$454.58
113,400 at 2.62%$455.17
113,400 at 2.63%$455.77
113,400 at 2.64%$456.36
113,400 at 2.65%$456.96
113,400 at 2.66%$457.56
113,400 at 2.67%$458.15
113,400 at 2.68%$458.75
113,400 at 2.69%$459.35
113,400 at 2.7%$459.95
113,400 at 2.71%$460.55
113,400 at 2.72%$461.15
113,400 at 2.73%$461.75
113,400 at 2.74%$462.35
113,400 at 2.75%$462.95
113,400 at 2.76%$463.55
113,400 at 2.77%$464.15
113,400 at 2.78%$464.75
113,400 at 2.79%$465.35
113,400 at 2.8%$465.95
113,400 at 2.81%$466.56
113,400 at 2.82%$467.16
113,400 at 2.83%$467.76
113,400 at 2.84%$468.37
113,400 at 2.85%$468.97
113,400 at 2.86%$469.58
113,400 at 2.87%$470.19
113,400 at 2.88%$470.79
113,400 at 2.89%$471.40
113,400 at 2.9%$472.00
113,400 at 2.91%$472.61
113,400 at 2.92%$473.22
113,400 at 2.93%$473.83
113,400 at 2.94%$474.44
113,400 at 2.95%$475.05
113,400 at 2.96%$475.66
113,400 at 2.97%$476.27
113,400 at 2.98%$476.88
113,400 at 2.99%$477.49
113,400 at 3%$478.10
113,400 at 3.01%$478.71
113,400 at 3.02%$479.32
113,400 at 3.03%$479.94
113,400 at 3.04%$480.55
113,400 at 3.05%$481.16
113,400 at 3.06%$481.78
113,400 at 3.07%$482.39
113,400 at 3.08%$483.01
113,400 at 3.09%$483.62
113,400 at 3.1%$484.24
113,400 at 3.11%$484.85
113,400 at 3.12%$485.47
113,400 at 3.13%$486.09
113,400 at 3.14%$486.70
113,400 at 3.15%$487.32
113,400 at 3.16%$487.94
113,400 at 3.17%$488.56
113,400 at 3.18%$489.18
113,400 at 3.19%$489.80
113,400 at 3.2%$490.42
113,400 at 3.21%$491.04
113,400 at 3.22%$491.66
113,400 at 3.23%$492.28
113,400 at 3.24%$492.90
113,400 at 3.25%$493.52
113,400 at 3.26%$494.15
113,400 at 3.27%$494.77
113,400 at 3.28%$495.39
113,400 at 3.29%$496.02
113,400 at 3.3%$496.64
113,400 at 3.31%$497.27
113,400 at 3.32%$497.89
113,400 at 3.33%$498.52
113,400 at 3.34%$499.14
113,400 at 3.35%$499.77
113,400 at 3.36%$500.40
113,400 at 3.37%$501.02
113,400 at 3.38%$501.65
113,400 at 3.39%$502.28
113,400 at 3.4%$502.91
113,400 at 3.41%$503.54
113,400 at 3.42%$504.17
113,400 at 3.43%$504.80
113,400 at 3.44%$505.43
113,400 at 3.45%$506.06
113,400 at 3.46%$506.69
113,400 at 3.47%$507.32
113,400 at 3.48%$507.95
113,400 at 3.49%$508.58
113,400 at 3.5%$509.22
Interest Rate 30 Year
113,400 at 3.51%$509.85
113,400 at 3.52%$510.48
113,400 at 3.53%$511.12
113,400 at 3.54%$511.75
113,400 at 3.55%$512.39
113,400 at 3.56%$513.02
113,400 at 3.57%$513.66
113,400 at 3.58%$514.29
113,400 at 3.59%$514.93
113,400 at 3.6%$515.57
113,400 at 3.61%$516.21
113,400 at 3.62%$516.84
113,400 at 3.63%$517.48
113,400 at 3.64%$518.12
113,400 at 3.65%$518.76
113,400 at 3.66%$519.40
113,400 at 3.67%$520.04
113,400 at 3.68%$520.68
113,400 at 3.69%$521.32
113,400 at 3.7%$521.96
113,400 at 3.71%$522.60
113,400 at 3.72%$523.24
113,400 at 3.73%$523.89
113,400 at 3.74%$524.53
113,400 at 3.75%$525.17
113,400 at 3.76%$525.82
113,400 at 3.77%$526.46
113,400 at 3.78%$527.11
113,400 at 3.79%$527.75
113,400 at 3.8%$528.40
113,400 at 3.81%$529.04
113,400 at 3.82%$529.69
113,400 at 3.83%$530.33
113,400 at 3.84%$530.98
113,400 at 3.85%$531.63
113,400 at 3.86%$532.28
113,400 at 3.87%$532.92
113,400 at 3.88%$533.57
113,400 at 3.89%$534.22
113,400 at 3.9%$534.87
113,400 at 3.91%$535.52
113,400 at 3.92%$536.17
113,400 at 3.93%$536.82
113,400 at 3.94%$537.47
113,400 at 3.95%$538.13
113,400 at 3.96%$538.78
113,400 at 3.97%$539.43
113,400 at 3.98%$540.08
113,400 at 3.99%$540.74
113,400 at 4%$541.39
113,400 at 4.01%$542.04
113,400 at 4.02%$542.70
113,400 at 4.03%$543.35
113,400 at 4.04%$544.01
113,400 at 4.05%$544.66
113,400 at 4.06%$545.32
113,400 at 4.07%$545.98
113,400 at 4.08%$546.63
113,400 at 4.09%$547.29
113,400 at 4.1%$547.95
113,400 at 4.11%$548.60
113,400 at 4.12%$549.26
113,400 at 4.13%$549.92
113,400 at 4.14%$550.58
113,400 at 4.15%$551.24
113,400 at 4.16%$551.90
113,400 at 4.17%$552.56
113,400 at 4.18%$553.22
113,400 at 4.19%$553.88
113,400 at 4.2%$554.55
113,400 at 4.21%$555.21
113,400 at 4.22%$555.87
113,400 at 4.23%$556.53
113,400 at 4.24%$557.20
113,400 at 4.25%$557.86
113,400 at 4.26%$558.52
113,400 at 4.27%$559.19
113,400 at 4.28%$559.85
113,400 at 4.29%$560.52
113,400 at 4.3%$561.18
113,400 at 4.31%$561.85
113,400 at 4.32%$562.52
113,400 at 4.33%$563.18
113,400 at 4.34%$563.85
113,400 at 4.35%$564.52
113,400 at 4.36%$565.19
113,400 at 4.37%$565.86
113,400 at 4.38%$566.52
113,400 at 4.39%$567.19
113,400 at 4.4%$567.86
113,400 at 4.41%$568.53
113,400 at 4.42%$569.20
113,400 at 4.43%$569.87
113,400 at 4.44%$570.55
113,400 at 4.45%$571.22
113,400 at 4.46%$571.89
113,400 at 4.47%$572.56
113,400 at 4.48%$573.23
113,400 at 4.49%$573.91
113,400 at 4.5%$574.58
113,400 at 4.51%$575.26
113,400 at 4.52%$575.93
113,400 at 4.53%$576.60
113,400 at 4.54%$577.28
113,400 at 4.55%$577.96
113,400 at 4.56%$578.63
113,400 at 4.57%$579.31
113,400 at 4.58%$579.98
113,400 at 4.59%$580.66
113,400 at 4.6%$581.34
113,400 at 4.61%$582.02
113,400 at 4.62%$582.69
113,400 at 4.63%$583.37
113,400 at 4.64%$584.05
113,400 at 4.65%$584.73
113,400 at 4.66%$585.41
113,400 at 4.67%$586.09
113,400 at 4.68%$586.77
113,400 at 4.69%$587.45
113,400 at 4.7%$588.14
113,400 at 4.71%$588.82
113,400 at 4.72%$589.50
113,400 at 4.73%$590.18
113,400 at 4.74%$590.86
113,400 at 4.75%$591.55
113,400 at 4.76%$592.23
113,400 at 4.77%$592.92
113,400 at 4.78%$593.60
113,400 at 4.79%$594.29
113,400 at 4.8%$594.97
113,400 at 4.81%$595.66
113,400 at 4.82%$596.34
113,400 at 4.83%$597.03
113,400 at 4.84%$597.72
113,400 at 4.85%$598.40
113,400 at 4.86%$599.09
113,400 at 4.87%$599.78
113,400 at 4.88%$600.47
113,400 at 4.89%$601.16
113,400 at 4.9%$601.84
113,400 at 4.91%$602.53
113,400 at 4.92%$603.22
113,400 at 4.93%$603.91
113,400 at 4.94%$604.60
113,400 at 4.95%$605.30
113,400 at 4.96%$605.99
113,400 at 4.97%$606.68
113,400 at 4.98%$607.37
113,400 at 4.99%$608.06
113,400 at 5%$608.76
Interest Rate 30 Year
113,400 at 5.01%$609.45
113,400 at 5.02%$610.14
113,400 at 5.03%$610.84
113,400 at 5.04%$611.53
113,400 at 5.05%$612.23
113,400 at 5.06%$612.92
113,400 at 5.07%$613.62
113,400 at 5.08%$614.31
113,400 at 5.09%$615.01
113,400 at 5.1%$615.71
113,400 at 5.11%$616.40
113,400 at 5.12%$617.10
113,400 at 5.13%$617.80
113,400 at 5.14%$618.50
113,400 at 5.15%$619.19
113,400 at 5.16%$619.89
113,400 at 5.17%$620.59
113,400 at 5.18%$621.29
113,400 at 5.19%$621.99
113,400 at 5.2%$622.69
113,400 at 5.21%$623.39
113,400 at 5.22%$624.09
113,400 at 5.23%$624.79
113,400 at 5.24%$625.50
113,400 at 5.25%$626.20
113,400 at 5.26%$626.90
113,400 at 5.27%$627.60
113,400 at 5.28%$628.31
113,400 at 5.29%$629.01
113,400 at 5.3%$629.72
113,400 at 5.31%$630.42
113,400 at 5.32%$631.12
113,400 at 5.33%$631.83
113,400 at 5.34%$632.54
113,400 at 5.35%$633.24
113,400 at 5.36%$633.95
113,400 at 5.37%$634.65
113,400 at 5.38%$635.36
113,400 at 5.39%$636.07
113,400 at 5.4%$636.78
113,400 at 5.41%$637.48
113,400 at 5.42%$638.19
113,400 at 5.43%$638.90
113,400 at 5.44%$639.61
113,400 at 5.45%$640.32
113,400 at 5.46%$641.03
113,400 at 5.47%$641.74
113,400 at 5.48%$642.45
113,400 at 5.49%$643.16
113,400 at 5.5%$643.87
113,400 at 5.51%$644.58
113,400 at 5.52%$645.30
113,400 at 5.53%$646.01
113,400 at 5.54%$646.72
113,400 at 5.55%$647.43
113,400 at 5.56%$648.15
113,400 at 5.57%$648.86
113,400 at 5.58%$649.58
113,400 at 5.59%$650.29
113,400 at 5.6%$651.01
113,400 at 5.61%$651.72
113,400 at 5.62%$652.44
113,400 at 5.63%$653.15
113,400 at 5.64%$653.87
113,400 at 5.65%$654.59
113,400 at 5.66%$655.30
113,400 at 5.67%$656.02
113,400 at 5.68%$656.74
113,400 at 5.69%$657.46
113,400 at 5.7%$658.17
113,400 at 5.71%$658.89
113,400 at 5.72%$659.61
113,400 at 5.73%$660.33
113,400 at 5.74%$661.05
113,400 at 5.75%$661.77
113,400 at 5.76%$662.49
113,400 at 5.77%$663.21
113,400 at 5.78%$663.93
113,400 at 5.79%$664.66
113,400 at 5.8%$665.38
113,400 at 5.81%$666.10
113,400 at 5.82%$666.82
113,400 at 5.83%$667.55
113,400 at 5.84%$668.27
113,400 at 5.85%$668.99
113,400 at 5.86%$669.72
113,400 at 5.87%$670.44
113,400 at 5.88%$671.17
113,400 at 5.89%$671.89
113,400 at 5.9%$672.62
113,400 at 5.91%$673.34
113,400 at 5.92%$674.07
113,400 at 5.93%$674.80
113,400 at 5.94%$675.52
113,400 at 5.95%$676.25
113,400 at 5.96%$676.98
113,400 at 5.97%$677.70
113,400 at 5.98%$678.43
113,400 at 5.99%$679.16
113,400 at 6%$679.89
113,400 at 6.01%$680.62
113,400 at 6.02%$681.35
113,400 at 6.03%$682.08
113,400 at 6.04%$682.81
113,400 at 6.05%$683.54
113,400 at 6.06%$684.27
113,400 at 6.07%$685.00
113,400 at 6.08%$685.73
113,400 at 6.09%$686.47
113,400 at 6.1%$687.20
113,400 at 6.11%$687.93
113,400 at 6.12%$688.66
113,400 at 6.13%$689.40
113,400 at 6.14%$690.13
113,400 at 6.15%$690.86
113,400 at 6.16%$691.60
113,400 at 6.17%$692.33
113,400 at 6.18%$693.07
113,400 at 6.19%$693.80
113,400 at 6.2%$694.54
113,400 at 6.21%$695.28
113,400 at 6.22%$696.01
113,400 at 6.23%$696.75
113,400 at 6.24%$697.49
113,400 at 6.25%$698.22
113,400 at 6.26%$698.96
113,400 at 6.27%$699.70
113,400 at 6.28%$700.44
113,400 at 6.29%$701.18
113,400 at 6.3%$701.92
113,400 at 6.31%$702.65
113,400 at 6.32%$703.39
113,400 at 6.33%$704.13
113,400 at 6.34%$704.87
113,400 at 6.35%$705.62
113,400 at 6.36%$706.36
113,400 at 6.37%$707.10
113,400 at 6.38%$707.84
113,400 at 6.39%$708.58
113,400 at 6.4%$709.32
113,400 at 6.41%$710.07
113,400 at 6.42%$710.81
113,400 at 6.43%$711.55
113,400 at 6.44%$712.30
113,400 at 6.45%$713.04
113,400 at 6.46%$713.78
113,400 at 6.47%$714.53
113,400 at 6.48%$715.27
113,400 at 6.49%$716.02
113,400 at 6.5%$716.77
Interest Rate 30 Year
113,400 at 6.51%$717.51
113,400 at 6.52%$718.26
113,400 at 6.53%$719.00
113,400 at 6.54%$719.75
113,400 at 6.55%$720.50
113,400 at 6.56%$721.25
113,400 at 6.57%$721.99
113,400 at 6.58%$722.74
113,400 at 6.59%$723.49
113,400 at 6.6%$724.24
113,400 at 6.61%$724.99
113,400 at 6.62%$725.74
113,400 at 6.63%$726.49
113,400 at 6.64%$727.24
113,400 at 6.65%$727.99
113,400 at 6.66%$728.74
113,400 at 6.67%$729.49
113,400 at 6.68%$730.24
113,400 at 6.69%$730.99
113,400 at 6.7%$731.75
113,400 at 6.71%$732.50
113,400 at 6.72%$733.25
113,400 at 6.73%$734.00
113,400 at 6.74%$734.76
113,400 at 6.75%$735.51
113,400 at 6.76%$736.26
113,400 at 6.77%$737.02
113,400 at 6.78%$737.77
113,400 at 6.79%$738.53
113,400 at 6.8%$739.28
113,400 at 6.81%$740.04
113,400 at 6.82%$740.79
113,400 at 6.83%$741.55
113,400 at 6.84%$742.31
113,400 at 6.85%$743.06
113,400 at 6.86%$743.82
113,400 at 6.87%$744.58
113,400 at 6.88%$745.34
113,400 at 6.89%$746.09
113,400 at 6.9%$746.85
113,400 at 6.91%$747.61
113,400 at 6.92%$748.37
113,400 at 6.93%$749.13
113,400 at 6.94%$749.89
113,400 at 6.95%$750.65
113,400 at 6.96%$751.41
113,400 at 6.97%$752.17
113,400 at 6.98%$752.93
113,400 at 6.99%$753.69
113,400 at 7%$754.45
113,400 at 7.01%$755.21
113,400 at 7.02%$755.98
113,400 at 7.03%$756.74
113,400 at 7.04%$757.50
113,400 at 7.05%$758.26
113,400 at 7.06%$759.03
113,400 at 7.07%$759.79
113,400 at 7.08%$760.56
113,400 at 7.09%$761.32
113,400 at 7.1%$762.08
113,400 at 7.11%$762.85
113,400 at 7.12%$763.61
113,400 at 7.13%$764.38
113,400 at 7.14%$765.15
113,400 at 7.15%$765.91
113,400 at 7.16%$766.68
113,400 at 7.17%$767.44
113,400 at 7.18%$768.21
113,400 at 7.19%$768.98
113,400 at 7.2%$769.75
113,400 at 7.21%$770.51
113,400 at 7.22%$771.28
113,400 at 7.23%$772.05
113,400 at 7.24%$772.82
113,400 at 7.25%$773.59
113,400 at 7.26%$774.36
113,400 at 7.27%$775.13
113,400 at 7.28%$775.90
113,400 at 7.29%$776.67
113,400 at 7.3%$777.44
113,400 at 7.31%$778.21
113,400 at 7.32%$778.98
113,400 at 7.33%$779.75
113,400 at 7.34%$780.52
113,400 at 7.35%$781.29
113,400 at 7.36%$782.07
113,400 at 7.37%$782.84
113,400 at 7.38%$783.61
113,400 at 7.39%$784.39
113,400 at 7.4%$785.16
113,400 at 7.41%$785.93
113,400 at 7.42%$786.71
113,400 at 7.43%$787.48
113,400 at 7.44%$788.26
113,400 at 7.45%$789.03
113,400 at 7.46%$789.81
113,400 at 7.47%$790.58
113,400 at 7.48%$791.36
113,400 at 7.49%$792.13
113,400 at 7.5%$792.91
113,400 at 7.51%$793.69
113,400 at 7.52%$794.46
113,400 at 7.53%$795.24
113,400 at 7.54%$796.02
113,400 at 7.55%$796.80
113,400 at 7.56%$797.57
113,400 at 7.57%$798.35
113,400 at 7.58%$799.13
113,400 at 7.59%$799.91
113,400 at 7.6%$800.69
113,400 at 7.61%$801.47
113,400 at 7.62%$802.25
113,400 at 7.63%$803.03
113,400 at 7.64%$803.81
113,400 at 7.65%$804.59
113,400 at 7.66%$805.37
113,400 at 7.67%$806.15
113,400 at 7.68%$806.93
113,400 at 7.69%$807.71
113,400 at 7.7%$808.50
113,400 at 7.71%$809.28
113,400 at 7.72%$810.06
113,400 at 7.73%$810.84
113,400 at 7.74%$811.63
113,400 at 7.75%$812.41
113,400 at 7.76%$813.20
113,400 at 7.77%$813.98
113,400 at 7.78%$814.76
113,400 at 7.79%$815.55
113,400 at 7.8%$816.33
113,400 at 7.81%$817.12
113,400 at 7.82%$817.90
113,400 at 7.83%$818.69
113,400 at 7.84%$819.48
113,400 at 7.85%$820.26
113,400 at 7.86%$821.05
113,400 at 7.87%$821.84
113,400 at 7.88%$822.62
113,400 at 7.89%$823.41
113,400 at 7.9%$824.20
113,400 at 7.91%$824.99
113,400 at 7.92%$825.77
113,400 at 7.93%$826.56
113,400 at 7.94%$827.35
113,400 at 7.95%$828.14
113,400 at 7.96%$828.93
113,400 at 7.97%$829.72
113,400 at 7.98%$830.51
113,400 at 7.99%$831.30
113,400 at 8%$832.09
More Amounts
What is the down payment for a $113,400 house? How much do you need to put down?
Percent Down Down Payment
1%1,134
2%2,268
3%3,402
4%4,536
5%5,670
6%6,804
7%7,938
8%9,072
9%10,206
10%11,340
11%12,474
12%13,608
13%14,742
14%15,876
15%17,010
16%18,144
17%19,278
18%20,412
19%21,546
20%22,680
Percent Down Down Payment
21%23,814
22%24,948
23%26,082
24%27,216
25%28,350
26%29,484
27%30,618
28%31,752
29%32,886
30%34,020
31%35,154
32%36,288
33%37,422
34%38,556
35%39,690
36%40,824
37%41,958
38%43,092
39%44,226
40%45,360
Percent Down Down Payment
41%46,494
42%47,628
43%48,762
44%49,896
45%51,030
46%52,164
47%53,298
48%54,432
49%55,566
50%56,700
51%57,834
52%58,968
53%60,102
54%61,236
55%62,370
56%63,504
57%64,638
58%65,772
59%66,906
60%68,040
Percent Down Down Payment
61%69,174
62%70,308
63%71,442
64%72,576
65%73,710
66%74,844
67%75,978
68%77,112
69%78,246
70%79,380
71%80,514
72%81,648
73%82,782
74%83,916
75%85,050
76%86,184
77%87,318
78%88,452
79%89,586
80%90,720
Percent Down Down Payment
81%91,854
82%92,988
83%94,122
84%95,256
85%96,390
86%97,524
87%98,658
88%99,792
89%100,926
90%102,060
91%103,194
92%104,328
93%105,462
94%106,596
95%107,730
96%108,864
97%109,998
98%111,132
99%112,266
100%113,400
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.