$113,450 Mortgage for 30 Years

What is the monthly payment of a 113,450 dollar loan?
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Loan Tables for a $113,450 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 $113,450 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
113,450 at 2.01%$419.90
113,450 at 2.02%$420.47
113,450 at 2.03%$421.04
113,450 at 2.04%$421.61
113,450 at 2.05%$422.18
113,450 at 2.06%$422.75
113,450 at 2.07%$423.32
113,450 at 2.08%$423.89
113,450 at 2.09%$424.46
113,450 at 2.1%$425.03
113,450 at 2.11%$425.60
113,450 at 2.12%$426.17
113,450 at 2.13%$426.75
113,450 at 2.14%$427.32
113,450 at 2.15%$427.89
113,450 at 2.16%$428.47
113,450 at 2.17%$429.04
113,450 at 2.18%$429.62
113,450 at 2.19%$430.19
113,450 at 2.2%$430.77
113,450 at 2.21%$431.35
113,450 at 2.22%$431.92
113,450 at 2.23%$432.50
113,450 at 2.24%$433.08
113,450 at 2.25%$433.66
113,450 at 2.26%$434.24
113,450 at 2.27%$434.82
113,450 at 2.28%$435.40
113,450 at 2.29%$435.98
113,450 at 2.3%$436.56
113,450 at 2.31%$437.14
113,450 at 2.32%$437.72
113,450 at 2.33%$438.30
113,450 at 2.34%$438.88
113,450 at 2.35%$439.47
113,450 at 2.36%$440.05
113,450 at 2.37%$440.63
113,450 at 2.38%$441.22
113,450 at 2.39%$441.80
113,450 at 2.4%$442.39
113,450 at 2.41%$442.97
113,450 at 2.42%$443.56
113,450 at 2.43%$444.15
113,450 at 2.44%$444.73
113,450 at 2.45%$445.32
113,450 at 2.46%$445.91
113,450 at 2.47%$446.50
113,450 at 2.48%$447.09
113,450 at 2.49%$447.68
113,450 at 2.5%$448.26
113,450 at 2.51%$448.85
113,450 at 2.52%$449.45
113,450 at 2.53%$450.04
113,450 at 2.54%$450.63
113,450 at 2.55%$451.22
113,450 at 2.56%$451.81
113,450 at 2.57%$452.40
113,450 at 2.58%$453.00
113,450 at 2.59%$453.59
113,450 at 2.6%$454.19
113,450 at 2.61%$454.78
113,450 at 2.62%$455.37
113,450 at 2.63%$455.97
113,450 at 2.64%$456.57
113,450 at 2.65%$457.16
113,450 at 2.66%$457.76
113,450 at 2.67%$458.36
113,450 at 2.68%$458.95
113,450 at 2.69%$459.55
113,450 at 2.7%$460.15
113,450 at 2.71%$460.75
113,450 at 2.72%$461.35
113,450 at 2.73%$461.95
113,450 at 2.74%$462.55
113,450 at 2.75%$463.15
113,450 at 2.76%$463.75
113,450 at 2.77%$464.35
113,450 at 2.78%$464.95
113,450 at 2.79%$465.56
113,450 at 2.8%$466.16
113,450 at 2.81%$466.76
113,450 at 2.82%$467.37
113,450 at 2.83%$467.97
113,450 at 2.84%$468.58
113,450 at 2.85%$469.18
113,450 at 2.86%$469.79
113,450 at 2.87%$470.39
113,450 at 2.88%$471.00
113,450 at 2.89%$471.61
113,450 at 2.9%$472.21
113,450 at 2.91%$472.82
113,450 at 2.92%$473.43
113,450 at 2.93%$474.04
113,450 at 2.94%$474.65
113,450 at 2.95%$475.26
113,450 at 2.96%$475.87
113,450 at 2.97%$476.48
113,450 at 2.98%$477.09
113,450 at 2.99%$477.70
113,450 at 3%$478.31
113,450 at 3.01%$478.92
113,450 at 3.02%$479.53
113,450 at 3.03%$480.15
113,450 at 3.04%$480.76
113,450 at 3.05%$481.37
113,450 at 3.06%$481.99
113,450 at 3.07%$482.60
113,450 at 3.08%$483.22
113,450 at 3.09%$483.83
113,450 at 3.1%$484.45
113,450 at 3.11%$485.07
113,450 at 3.12%$485.68
113,450 at 3.13%$486.30
113,450 at 3.14%$486.92
113,450 at 3.15%$487.54
113,450 at 3.16%$488.16
113,450 at 3.17%$488.77
113,450 at 3.18%$489.39
113,450 at 3.19%$490.01
113,450 at 3.2%$490.63
113,450 at 3.21%$491.25
113,450 at 3.22%$491.88
113,450 at 3.23%$492.50
113,450 at 3.24%$493.12
113,450 at 3.25%$493.74
113,450 at 3.26%$494.36
113,450 at 3.27%$494.99
113,450 at 3.28%$495.61
113,450 at 3.29%$496.24
113,450 at 3.3%$496.86
113,450 at 3.31%$497.49
113,450 at 3.32%$498.11
113,450 at 3.33%$498.74
113,450 at 3.34%$499.36
113,450 at 3.35%$499.99
113,450 at 3.36%$500.62
113,450 at 3.37%$501.24
113,450 at 3.38%$501.87
113,450 at 3.39%$502.50
113,450 at 3.4%$503.13
113,450 at 3.41%$503.76
113,450 at 3.42%$504.39
113,450 at 3.43%$505.02
113,450 at 3.44%$505.65
113,450 at 3.45%$506.28
113,450 at 3.46%$506.91
113,450 at 3.47%$507.54
113,450 at 3.48%$508.18
113,450 at 3.49%$508.81
113,450 at 3.5%$509.44
Interest Rate 30 Year
113,450 at 3.51%$510.07
113,450 at 3.52%$510.71
113,450 at 3.53%$511.34
113,450 at 3.54%$511.98
113,450 at 3.55%$512.61
113,450 at 3.56%$513.25
113,450 at 3.57%$513.88
113,450 at 3.58%$514.52
113,450 at 3.59%$515.16
113,450 at 3.6%$515.80
113,450 at 3.61%$516.43
113,450 at 3.62%$517.07
113,450 at 3.63%$517.71
113,450 at 3.64%$518.35
113,450 at 3.65%$518.99
113,450 at 3.66%$519.63
113,450 at 3.67%$520.27
113,450 at 3.68%$520.91
113,450 at 3.69%$521.55
113,450 at 3.7%$522.19
113,450 at 3.71%$522.83
113,450 at 3.72%$523.48
113,450 at 3.73%$524.12
113,450 at 3.74%$524.76
113,450 at 3.75%$525.40
113,450 at 3.76%$526.05
113,450 at 3.77%$526.69
113,450 at 3.78%$527.34
113,450 at 3.79%$527.98
113,450 at 3.8%$528.63
113,450 at 3.81%$529.27
113,450 at 3.82%$529.92
113,450 at 3.83%$530.57
113,450 at 3.84%$531.22
113,450 at 3.85%$531.86
113,450 at 3.86%$532.51
113,450 at 3.87%$533.16
113,450 at 3.88%$533.81
113,450 at 3.89%$534.46
113,450 at 3.9%$535.11
113,450 at 3.91%$535.76
113,450 at 3.92%$536.41
113,450 at 3.93%$537.06
113,450 at 3.94%$537.71
113,450 at 3.95%$538.36
113,450 at 3.96%$539.01
113,450 at 3.97%$539.67
113,450 at 3.98%$540.32
113,450 at 3.99%$540.97
113,450 at 4%$541.63
113,450 at 4.01%$542.28
113,450 at 4.02%$542.94
113,450 at 4.03%$543.59
113,450 at 4.04%$544.25
113,450 at 4.05%$544.90
113,450 at 4.06%$545.56
113,450 at 4.07%$546.22
113,450 at 4.08%$546.87
113,450 at 4.09%$547.53
113,450 at 4.1%$548.19
113,450 at 4.11%$548.85
113,450 at 4.12%$549.51
113,450 at 4.13%$550.16
113,450 at 4.14%$550.82
113,450 at 4.15%$551.48
113,450 at 4.16%$552.14
113,450 at 4.17%$552.81
113,450 at 4.18%$553.47
113,450 at 4.19%$554.13
113,450 at 4.2%$554.79
113,450 at 4.21%$555.45
113,450 at 4.22%$556.12
113,450 at 4.23%$556.78
113,450 at 4.24%$557.44
113,450 at 4.25%$558.11
113,450 at 4.26%$558.77
113,450 at 4.27%$559.43
113,450 at 4.28%$560.10
113,450 at 4.29%$560.77
113,450 at 4.3%$561.43
113,450 at 4.31%$562.10
113,450 at 4.32%$562.76
113,450 at 4.33%$563.43
113,450 at 4.34%$564.10
113,450 at 4.35%$564.77
113,450 at 4.36%$565.44
113,450 at 4.37%$566.10
113,450 at 4.38%$566.77
113,450 at 4.39%$567.44
113,450 at 4.4%$568.11
113,450 at 4.41%$568.78
113,450 at 4.42%$569.45
113,450 at 4.43%$570.13
113,450 at 4.44%$570.80
113,450 at 4.45%$571.47
113,450 at 4.46%$572.14
113,450 at 4.47%$572.81
113,450 at 4.48%$573.49
113,450 at 4.49%$574.16
113,450 at 4.5%$574.83
113,450 at 4.51%$575.51
113,450 at 4.52%$576.18
113,450 at 4.53%$576.86
113,450 at 4.54%$577.53
113,450 at 4.55%$578.21
113,450 at 4.56%$578.89
113,450 at 4.57%$579.56
113,450 at 4.58%$580.24
113,450 at 4.59%$580.92
113,450 at 4.6%$581.60
113,450 at 4.61%$582.27
113,450 at 4.62%$582.95
113,450 at 4.63%$583.63
113,450 at 4.64%$584.31
113,450 at 4.65%$584.99
113,450 at 4.66%$585.67
113,450 at 4.67%$586.35
113,450 at 4.68%$587.03
113,450 at 4.69%$587.71
113,450 at 4.7%$588.39
113,450 at 4.71%$589.08
113,450 at 4.72%$589.76
113,450 at 4.73%$590.44
113,450 at 4.74%$591.13
113,450 at 4.75%$591.81
113,450 at 4.76%$592.49
113,450 at 4.77%$593.18
113,450 at 4.78%$593.86
113,450 at 4.79%$594.55
113,450 at 4.8%$595.23
113,450 at 4.81%$595.92
113,450 at 4.82%$596.61
113,450 at 4.83%$597.29
113,450 at 4.84%$597.98
113,450 at 4.85%$598.67
113,450 at 4.86%$599.35
113,450 at 4.87%$600.04
113,450 at 4.88%$600.73
113,450 at 4.89%$601.42
113,450 at 4.9%$602.11
113,450 at 4.91%$602.80
113,450 at 4.92%$603.49
113,450 at 4.93%$604.18
113,450 at 4.94%$604.87
113,450 at 4.95%$605.56
113,450 at 4.96%$606.25
113,450 at 4.97%$606.95
113,450 at 4.98%$607.64
113,450 at 4.99%$608.33
113,450 at 5%$609.02
Interest Rate 30 Year
113,450 at 5.01%$609.72
113,450 at 5.02%$610.41
113,450 at 5.03%$611.11
113,450 at 5.04%$611.80
113,450 at 5.05%$612.50
113,450 at 5.06%$613.19
113,450 at 5.07%$613.89
113,450 at 5.08%$614.58
113,450 at 5.09%$615.28
113,450 at 5.1%$615.98
113,450 at 5.11%$616.67
113,450 at 5.12%$617.37
113,450 at 5.13%$618.07
113,450 at 5.14%$618.77
113,450 at 5.15%$619.47
113,450 at 5.16%$620.17
113,450 at 5.17%$620.87
113,450 at 5.18%$621.57
113,450 at 5.19%$622.27
113,450 at 5.2%$622.97
113,450 at 5.21%$623.67
113,450 at 5.22%$624.37
113,450 at 5.23%$625.07
113,450 at 5.24%$625.77
113,450 at 5.25%$626.48
113,450 at 5.26%$627.18
113,450 at 5.27%$627.88
113,450 at 5.28%$628.58
113,450 at 5.29%$629.29
113,450 at 5.3%$629.99
113,450 at 5.31%$630.70
113,450 at 5.32%$631.40
113,450 at 5.33%$632.11
113,450 at 5.34%$632.81
113,450 at 5.35%$633.52
113,450 at 5.36%$634.23
113,450 at 5.37%$634.93
113,450 at 5.38%$635.64
113,450 at 5.39%$636.35
113,450 at 5.4%$637.06
113,450 at 5.41%$637.77
113,450 at 5.42%$638.47
113,450 at 5.43%$639.18
113,450 at 5.44%$639.89
113,450 at 5.45%$640.60
113,450 at 5.46%$641.31
113,450 at 5.47%$642.02
113,450 at 5.48%$642.73
113,450 at 5.49%$643.45
113,450 at 5.5%$644.16
113,450 at 5.51%$644.87
113,450 at 5.52%$645.58
113,450 at 5.53%$646.29
113,450 at 5.54%$647.01
113,450 at 5.55%$647.72
113,450 at 5.56%$648.43
113,450 at 5.57%$649.15
113,450 at 5.58%$649.86
113,450 at 5.59%$650.58
113,450 at 5.6%$651.29
113,450 at 5.61%$652.01
113,450 at 5.62%$652.72
113,450 at 5.63%$653.44
113,450 at 5.64%$654.16
113,450 at 5.65%$654.87
113,450 at 5.66%$655.59
113,450 at 5.67%$656.31
113,450 at 5.68%$657.03
113,450 at 5.69%$657.75
113,450 at 5.7%$658.46
113,450 at 5.71%$659.18
113,450 at 5.72%$659.90
113,450 at 5.73%$660.62
113,450 at 5.74%$661.34
113,450 at 5.75%$662.06
113,450 at 5.76%$662.78
113,450 at 5.77%$663.51
113,450 at 5.78%$664.23
113,450 at 5.79%$664.95
113,450 at 5.8%$665.67
113,450 at 5.81%$666.39
113,450 at 5.82%$667.12
113,450 at 5.83%$667.84
113,450 at 5.84%$668.56
113,450 at 5.85%$669.29
113,450 at 5.86%$670.01
113,450 at 5.87%$670.74
113,450 at 5.88%$671.46
113,450 at 5.89%$672.19
113,450 at 5.9%$672.91
113,450 at 5.91%$673.64
113,450 at 5.92%$674.37
113,450 at 5.93%$675.09
113,450 at 5.94%$675.82
113,450 at 5.95%$676.55
113,450 at 5.96%$677.28
113,450 at 5.97%$678.00
113,450 at 5.98%$678.73
113,450 at 5.99%$679.46
113,450 at 6%$680.19
113,450 at 6.01%$680.92
113,450 at 6.02%$681.65
113,450 at 6.03%$682.38
113,450 at 6.04%$683.11
113,450 at 6.05%$683.84
113,450 at 6.06%$684.57
113,450 at 6.07%$685.30
113,450 at 6.08%$686.04
113,450 at 6.09%$686.77
113,450 at 6.1%$687.50
113,450 at 6.11%$688.23
113,450 at 6.12%$688.97
113,450 at 6.13%$689.70
113,450 at 6.14%$690.44
113,450 at 6.15%$691.17
113,450 at 6.16%$691.90
113,450 at 6.17%$692.64
113,450 at 6.18%$693.37
113,450 at 6.19%$694.11
113,450 at 6.2%$694.85
113,450 at 6.21%$695.58
113,450 at 6.22%$696.32
113,450 at 6.23%$697.06
113,450 at 6.24%$697.79
113,450 at 6.25%$698.53
113,450 at 6.26%$699.27
113,450 at 6.27%$700.01
113,450 at 6.28%$700.75
113,450 at 6.29%$701.49
113,450 at 6.3%$702.22
113,450 at 6.31%$702.96
113,450 at 6.32%$703.70
113,450 at 6.33%$704.44
113,450 at 6.34%$705.19
113,450 at 6.35%$705.93
113,450 at 6.36%$706.67
113,450 at 6.37%$707.41
113,450 at 6.38%$708.15
113,450 at 6.39%$708.89
113,450 at 6.4%$709.64
113,450 at 6.41%$710.38
113,450 at 6.42%$711.12
113,450 at 6.43%$711.87
113,450 at 6.44%$712.61
113,450 at 6.45%$713.35
113,450 at 6.46%$714.10
113,450 at 6.47%$714.84
113,450 at 6.48%$715.59
113,450 at 6.49%$716.34
113,450 at 6.5%$717.08
Interest Rate 30 Year
113,450 at 6.51%$717.83
113,450 at 6.52%$718.57
113,450 at 6.53%$719.32
113,450 at 6.54%$720.07
113,450 at 6.55%$720.82
113,450 at 6.56%$721.56
113,450 at 6.57%$722.31
113,450 at 6.58%$723.06
113,450 at 6.59%$723.81
113,450 at 6.6%$724.56
113,450 at 6.61%$725.31
113,450 at 6.62%$726.06
113,450 at 6.63%$726.81
113,450 at 6.64%$727.56
113,450 at 6.65%$728.31
113,450 at 6.66%$729.06
113,450 at 6.67%$729.81
113,450 at 6.68%$730.56
113,450 at 6.69%$731.32
113,450 at 6.7%$732.07
113,450 at 6.71%$732.82
113,450 at 6.72%$733.57
113,450 at 6.73%$734.33
113,450 at 6.74%$735.08
113,450 at 6.75%$735.83
113,450 at 6.76%$736.59
113,450 at 6.77%$737.34
113,450 at 6.78%$738.10
113,450 at 6.79%$738.85
113,450 at 6.8%$739.61
113,450 at 6.81%$740.36
113,450 at 6.82%$741.12
113,450 at 6.83%$741.88
113,450 at 6.84%$742.63
113,450 at 6.85%$743.39
113,450 at 6.86%$744.15
113,450 at 6.87%$744.91
113,450 at 6.88%$745.66
113,450 at 6.89%$746.42
113,450 at 6.9%$747.18
113,450 at 6.91%$747.94
113,450 at 6.92%$748.70
113,450 at 6.93%$749.46
113,450 at 6.94%$750.22
113,450 at 6.95%$750.98
113,450 at 6.96%$751.74
113,450 at 6.97%$752.50
113,450 at 6.98%$753.26
113,450 at 6.99%$754.02
113,450 at 7%$754.79
113,450 at 7.01%$755.55
113,450 at 7.02%$756.31
113,450 at 7.03%$757.07
113,450 at 7.04%$757.84
113,450 at 7.05%$758.60
113,450 at 7.06%$759.36
113,450 at 7.07%$760.13
113,450 at 7.08%$760.89
113,450 at 7.09%$761.66
113,450 at 7.1%$762.42
113,450 at 7.11%$763.19
113,450 at 7.12%$763.95
113,450 at 7.13%$764.72
113,450 at 7.14%$765.48
113,450 at 7.15%$766.25
113,450 at 7.16%$767.02
113,450 at 7.17%$767.78
113,450 at 7.18%$768.55
113,450 at 7.19%$769.32
113,450 at 7.2%$770.09
113,450 at 7.21%$770.85
113,450 at 7.22%$771.62
113,450 at 7.23%$772.39
113,450 at 7.24%$773.16
113,450 at 7.25%$773.93
113,450 at 7.26%$774.70
113,450 at 7.27%$775.47
113,450 at 7.28%$776.24
113,450 at 7.29%$777.01
113,450 at 7.3%$777.78
113,450 at 7.31%$778.55
113,450 at 7.32%$779.32
113,450 at 7.33%$780.09
113,450 at 7.34%$780.87
113,450 at 7.35%$781.64
113,450 at 7.36%$782.41
113,450 at 7.37%$783.18
113,450 at 7.38%$783.96
113,450 at 7.39%$784.73
113,450 at 7.4%$785.50
113,450 at 7.41%$786.28
113,450 at 7.42%$787.05
113,450 at 7.43%$787.83
113,450 at 7.44%$788.60
113,450 at 7.45%$789.38
113,450 at 7.46%$790.15
113,450 at 7.47%$790.93
113,450 at 7.48%$791.71
113,450 at 7.49%$792.48
113,450 at 7.5%$793.26
113,450 at 7.51%$794.04
113,450 at 7.52%$794.81
113,450 at 7.53%$795.59
113,450 at 7.54%$796.37
113,450 at 7.55%$797.15
113,450 at 7.56%$797.93
113,450 at 7.57%$798.70
113,450 at 7.58%$799.48
113,450 at 7.59%$800.26
113,450 at 7.6%$801.04
113,450 at 7.61%$801.82
113,450 at 7.62%$802.60
113,450 at 7.63%$803.38
113,450 at 7.64%$804.16
113,450 at 7.65%$804.94
113,450 at 7.66%$805.73
113,450 at 7.67%$806.51
113,450 at 7.68%$807.29
113,450 at 7.69%$808.07
113,450 at 7.7%$808.85
113,450 at 7.71%$809.64
113,450 at 7.72%$810.42
113,450 at 7.73%$811.20
113,450 at 7.74%$811.99
113,450 at 7.75%$812.77
113,450 at 7.76%$813.55
113,450 at 7.77%$814.34
113,450 at 7.78%$815.12
113,450 at 7.79%$815.91
113,450 at 7.8%$816.69
113,450 at 7.81%$817.48
113,450 at 7.82%$818.26
113,450 at 7.83%$819.05
113,450 at 7.84%$819.84
113,450 at 7.85%$820.62
113,450 at 7.86%$821.41
113,450 at 7.87%$822.20
113,450 at 7.88%$822.98
113,450 at 7.89%$823.77
113,450 at 7.9%$824.56
113,450 at 7.91%$825.35
113,450 at 7.92%$826.14
113,450 at 7.93%$826.93
113,450 at 7.94%$827.72
113,450 at 7.95%$828.50
113,450 at 7.96%$829.29
113,450 at 7.97%$830.08
113,450 at 7.98%$830.87
113,450 at 7.99%$831.67
113,450 at 8%$832.46
More Amounts
What is the down payment for a $113,450 house? How much do you need to put down?
Percent Down Down Payment
1%1,135
2%2,269
3%3,404
4%4,538
5%5,673
6%6,807
7%7,942
8%9,076
9%10,211
10%11,345
11%12,480
12%13,614
13%14,749
14%15,883
15%17,018
16%18,152
17%19,287
18%20,421
19%21,556
20%22,690
Percent Down Down Payment
21%23,825
22%24,959
23%26,094
24%27,228
25%28,363
26%29,497
27%30,632
28%31,766
29%32,901
30%34,035
31%35,170
32%36,304
33%37,439
34%38,573
35%39,708
36%40,842
37%41,977
38%43,111
39%44,246
40%45,380
Percent Down Down Payment
41%46,515
42%47,649
43%48,784
44%49,918
45%51,053
46%52,187
47%53,322
48%54,456
49%55,591
50%56,725
51%57,860
52%58,994
53%60,129
54%61,263
55%62,398
56%63,532
57%64,667
58%65,801
59%66,936
60%68,070
Percent Down Down Payment
61%69,205
62%70,339
63%71,474
64%72,608
65%73,743
66%74,877
67%76,012
68%77,146
69%78,281
70%79,415
71%80,550
72%81,684
73%82,819
74%83,953
75%85,088
76%86,222
77%87,357
78%88,491
79%89,626
80%90,760
Percent Down Down Payment
81%91,895
82%93,029
83%94,164
84%95,298
85%96,433
86%97,567
87%98,702
88%99,836
89%100,971
90%102,105
91%103,240
92%104,374
93%105,509
94%106,643
95%107,778
96%108,912
97%110,047
98%111,181
99%112,316
100%113,450
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.