$115,200 Mortgage for 30 Years

What is the monthly payment of a 115,200 dollar loan?
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Loan Tables for a $115,200 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 115k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $115,200 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
115,200 at 2.01%$426.38
115,200 at 2.02%$426.95
115,200 at 2.03%$427.53
115,200 at 2.04%$428.11
115,200 at 2.05%$428.69
115,200 at 2.06%$429.27
115,200 at 2.07%$429.85
115,200 at 2.08%$430.43
115,200 at 2.09%$431.01
115,200 at 2.1%$431.59
115,200 at 2.11%$432.17
115,200 at 2.12%$432.75
115,200 at 2.13%$433.33
115,200 at 2.14%$433.91
115,200 at 2.15%$434.49
115,200 at 2.16%$435.08
115,200 at 2.17%$435.66
115,200 at 2.18%$436.25
115,200 at 2.19%$436.83
115,200 at 2.2%$437.42
115,200 at 2.21%$438.00
115,200 at 2.22%$438.59
115,200 at 2.23%$439.17
115,200 at 2.24%$439.76
115,200 at 2.25%$440.35
115,200 at 2.26%$440.94
115,200 at 2.27%$441.52
115,200 at 2.28%$442.11
115,200 at 2.29%$442.70
115,200 at 2.3%$443.29
115,200 at 2.31%$443.88
115,200 at 2.32%$444.47
115,200 at 2.33%$445.06
115,200 at 2.34%$445.65
115,200 at 2.35%$446.25
115,200 at 2.36%$446.84
115,200 at 2.37%$447.43
115,200 at 2.38%$448.02
115,200 at 2.39%$448.62
115,200 at 2.4%$449.21
115,200 at 2.41%$449.81
115,200 at 2.42%$450.40
115,200 at 2.43%$451.00
115,200 at 2.44%$451.59
115,200 at 2.45%$452.19
115,200 at 2.46%$452.79
115,200 at 2.47%$453.38
115,200 at 2.48%$453.98
115,200 at 2.49%$454.58
115,200 at 2.5%$455.18
115,200 at 2.51%$455.78
115,200 at 2.52%$456.38
115,200 at 2.53%$456.98
115,200 at 2.54%$457.58
115,200 at 2.55%$458.18
115,200 at 2.56%$458.78
115,200 at 2.57%$459.38
115,200 at 2.58%$459.99
115,200 at 2.59%$460.59
115,200 at 2.6%$461.19
115,200 at 2.61%$461.80
115,200 at 2.62%$462.40
115,200 at 2.63%$463.00
115,200 at 2.64%$463.61
115,200 at 2.65%$464.21
115,200 at 2.66%$464.82
115,200 at 2.67%$465.43
115,200 at 2.68%$466.03
115,200 at 2.69%$466.64
115,200 at 2.7%$467.25
115,200 at 2.71%$467.86
115,200 at 2.72%$468.47
115,200 at 2.73%$469.07
115,200 at 2.74%$469.68
115,200 at 2.75%$470.29
115,200 at 2.76%$470.90
115,200 at 2.77%$471.52
115,200 at 2.78%$472.13
115,200 at 2.79%$472.74
115,200 at 2.8%$473.35
115,200 at 2.81%$473.96
115,200 at 2.82%$474.58
115,200 at 2.83%$475.19
115,200 at 2.84%$475.80
115,200 at 2.85%$476.42
115,200 at 2.86%$477.03
115,200 at 2.87%$477.65
115,200 at 2.88%$478.26
115,200 at 2.89%$478.88
115,200 at 2.9%$479.50
115,200 at 2.91%$480.11
115,200 at 2.92%$480.73
115,200 at 2.93%$481.35
115,200 at 2.94%$481.97
115,200 at 2.95%$482.59
115,200 at 2.96%$483.21
115,200 at 2.97%$483.83
115,200 at 2.98%$484.45
115,200 at 2.99%$485.07
115,200 at 3%$485.69
115,200 at 3.01%$486.31
115,200 at 3.02%$486.93
115,200 at 3.03%$487.55
115,200 at 3.04%$488.18
115,200 at 3.05%$488.80
115,200 at 3.06%$489.42
115,200 at 3.07%$490.05
115,200 at 3.08%$490.67
115,200 at 3.09%$491.30
115,200 at 3.1%$491.92
115,200 at 3.11%$492.55
115,200 at 3.12%$493.18
115,200 at 3.13%$493.80
115,200 at 3.14%$494.43
115,200 at 3.15%$495.06
115,200 at 3.16%$495.69
115,200 at 3.17%$496.31
115,200 at 3.18%$496.94
115,200 at 3.19%$497.57
115,200 at 3.2%$498.20
115,200 at 3.21%$498.83
115,200 at 3.22%$499.46
115,200 at 3.23%$500.09
115,200 at 3.24%$500.73
115,200 at 3.25%$501.36
115,200 at 3.26%$501.99
115,200 at 3.27%$502.62
115,200 at 3.28%$503.26
115,200 at 3.29%$503.89
115,200 at 3.3%$504.52
115,200 at 3.31%$505.16
115,200 at 3.32%$505.79
115,200 at 3.33%$506.43
115,200 at 3.34%$507.07
115,200 at 3.35%$507.70
115,200 at 3.36%$508.34
115,200 at 3.37%$508.98
115,200 at 3.38%$509.61
115,200 at 3.39%$510.25
115,200 at 3.4%$510.89
115,200 at 3.41%$511.53
115,200 at 3.42%$512.17
115,200 at 3.43%$512.81
115,200 at 3.44%$513.45
115,200 at 3.45%$514.09
115,200 at 3.46%$514.73
115,200 at 3.47%$515.37
115,200 at 3.48%$516.01
115,200 at 3.49%$516.66
115,200 at 3.5%$517.30
Interest Rate 30 Year
115,200 at 3.51%$517.94
115,200 at 3.52%$518.59
115,200 at 3.53%$519.23
115,200 at 3.54%$519.88
115,200 at 3.55%$520.52
115,200 at 3.56%$521.17
115,200 at 3.57%$521.81
115,200 at 3.58%$522.46
115,200 at 3.59%$523.10
115,200 at 3.6%$523.75
115,200 at 3.61%$524.40
115,200 at 3.62%$525.05
115,200 at 3.63%$525.70
115,200 at 3.64%$526.34
115,200 at 3.65%$526.99
115,200 at 3.66%$527.64
115,200 at 3.67%$528.29
115,200 at 3.68%$528.94
115,200 at 3.69%$529.59
115,200 at 3.7%$530.25
115,200 at 3.71%$530.90
115,200 at 3.72%$531.55
115,200 at 3.73%$532.20
115,200 at 3.74%$532.86
115,200 at 3.75%$533.51
115,200 at 3.76%$534.16
115,200 at 3.77%$534.82
115,200 at 3.78%$535.47
115,200 at 3.79%$536.13
115,200 at 3.8%$536.78
115,200 at 3.81%$537.44
115,200 at 3.82%$538.10
115,200 at 3.83%$538.75
115,200 at 3.84%$539.41
115,200 at 3.85%$540.07
115,200 at 3.86%$540.73
115,200 at 3.87%$541.38
115,200 at 3.88%$542.04
115,200 at 3.89%$542.70
115,200 at 3.9%$543.36
115,200 at 3.91%$544.02
115,200 at 3.92%$544.68
115,200 at 3.93%$545.34
115,200 at 3.94%$546.01
115,200 at 3.95%$546.67
115,200 at 3.96%$547.33
115,200 at 3.97%$547.99
115,200 at 3.98%$548.65
115,200 at 3.99%$549.32
115,200 at 4%$549.98
115,200 at 4.01%$550.65
115,200 at 4.02%$551.31
115,200 at 4.03%$551.98
115,200 at 4.04%$552.64
115,200 at 4.05%$553.31
115,200 at 4.06%$553.97
115,200 at 4.07%$554.64
115,200 at 4.08%$555.31
115,200 at 4.09%$555.98
115,200 at 4.1%$556.64
115,200 at 4.11%$557.31
115,200 at 4.12%$557.98
115,200 at 4.13%$558.65
115,200 at 4.14%$559.32
115,200 at 4.15%$559.99
115,200 at 4.16%$560.66
115,200 at 4.17%$561.33
115,200 at 4.18%$562.00
115,200 at 4.19%$562.68
115,200 at 4.2%$563.35
115,200 at 4.21%$564.02
115,200 at 4.22%$564.69
115,200 at 4.23%$565.37
115,200 at 4.24%$566.04
115,200 at 4.25%$566.71
115,200 at 4.26%$567.39
115,200 at 4.27%$568.06
115,200 at 4.28%$568.74
115,200 at 4.29%$569.42
115,200 at 4.3%$570.09
115,200 at 4.31%$570.77
115,200 at 4.32%$571.45
115,200 at 4.33%$572.12
115,200 at 4.34%$572.80
115,200 at 4.35%$573.48
115,200 at 4.36%$574.16
115,200 at 4.37%$574.84
115,200 at 4.38%$575.52
115,200 at 4.39%$576.20
115,200 at 4.4%$576.88
115,200 at 4.41%$577.56
115,200 at 4.42%$578.24
115,200 at 4.43%$578.92
115,200 at 4.44%$579.60
115,200 at 4.45%$580.28
115,200 at 4.46%$580.97
115,200 at 4.47%$581.65
115,200 at 4.48%$582.33
115,200 at 4.49%$583.02
115,200 at 4.5%$583.70
115,200 at 4.51%$584.39
115,200 at 4.52%$585.07
115,200 at 4.53%$585.76
115,200 at 4.54%$586.44
115,200 at 4.55%$587.13
115,200 at 4.56%$587.82
115,200 at 4.57%$588.50
115,200 at 4.58%$589.19
115,200 at 4.59%$589.88
115,200 at 4.6%$590.57
115,200 at 4.61%$591.25
115,200 at 4.62%$591.94
115,200 at 4.63%$592.63
115,200 at 4.64%$593.32
115,200 at 4.65%$594.01
115,200 at 4.66%$594.70
115,200 at 4.67%$595.40
115,200 at 4.68%$596.09
115,200 at 4.69%$596.78
115,200 at 4.7%$597.47
115,200 at 4.71%$598.16
115,200 at 4.72%$598.86
115,200 at 4.73%$599.55
115,200 at 4.74%$600.24
115,200 at 4.75%$600.94
115,200 at 4.76%$601.63
115,200 at 4.77%$602.33
115,200 at 4.78%$603.02
115,200 at 4.79%$603.72
115,200 at 4.8%$604.41
115,200 at 4.81%$605.11
115,200 at 4.82%$605.81
115,200 at 4.83%$606.51
115,200 at 4.84%$607.20
115,200 at 4.85%$607.90
115,200 at 4.86%$608.60
115,200 at 4.87%$609.30
115,200 at 4.88%$610.00
115,200 at 4.89%$610.70
115,200 at 4.9%$611.40
115,200 at 4.91%$612.10
115,200 at 4.92%$612.80
115,200 at 4.93%$613.50
115,200 at 4.94%$614.20
115,200 at 4.95%$614.90
115,200 at 4.96%$615.61
115,200 at 4.97%$616.31
115,200 at 4.98%$617.01
115,200 at 4.99%$617.71
115,200 at 5%$618.42
Interest Rate 30 Year
115,200 at 5.01%$619.12
115,200 at 5.02%$619.83
115,200 at 5.03%$620.53
115,200 at 5.04%$621.24
115,200 at 5.05%$621.94
115,200 at 5.06%$622.65
115,200 at 5.07%$623.36
115,200 at 5.08%$624.06
115,200 at 5.09%$624.77
115,200 at 5.1%$625.48
115,200 at 5.11%$626.19
115,200 at 5.12%$626.89
115,200 at 5.13%$627.60
115,200 at 5.14%$628.31
115,200 at 5.15%$629.02
115,200 at 5.16%$629.73
115,200 at 5.17%$630.44
115,200 at 5.18%$631.15
115,200 at 5.19%$631.86
115,200 at 5.2%$632.58
115,200 at 5.21%$633.29
115,200 at 5.22%$634.00
115,200 at 5.23%$634.71
115,200 at 5.24%$635.43
115,200 at 5.25%$636.14
115,200 at 5.26%$636.85
115,200 at 5.27%$637.57
115,200 at 5.28%$638.28
115,200 at 5.29%$639.00
115,200 at 5.3%$639.71
115,200 at 5.31%$640.43
115,200 at 5.32%$641.14
115,200 at 5.33%$641.86
115,200 at 5.34%$642.58
115,200 at 5.35%$643.29
115,200 at 5.36%$644.01
115,200 at 5.37%$644.73
115,200 at 5.38%$645.45
115,200 at 5.39%$646.16
115,200 at 5.4%$646.88
115,200 at 5.41%$647.60
115,200 at 5.42%$648.32
115,200 at 5.43%$649.04
115,200 at 5.44%$649.76
115,200 at 5.45%$650.48
115,200 at 5.46%$651.20
115,200 at 5.47%$651.93
115,200 at 5.48%$652.65
115,200 at 5.49%$653.37
115,200 at 5.5%$654.09
115,200 at 5.51%$654.82
115,200 at 5.52%$655.54
115,200 at 5.53%$656.26
115,200 at 5.54%$656.99
115,200 at 5.55%$657.71
115,200 at 5.56%$658.44
115,200 at 5.57%$659.16
115,200 at 5.58%$659.89
115,200 at 5.59%$660.61
115,200 at 5.6%$661.34
115,200 at 5.61%$662.07
115,200 at 5.62%$662.79
115,200 at 5.63%$663.52
115,200 at 5.64%$664.25
115,200 at 5.65%$664.98
115,200 at 5.66%$665.70
115,200 at 5.67%$666.43
115,200 at 5.68%$667.16
115,200 at 5.69%$667.89
115,200 at 5.7%$668.62
115,200 at 5.71%$669.35
115,200 at 5.72%$670.08
115,200 at 5.73%$670.81
115,200 at 5.74%$671.54
115,200 at 5.75%$672.28
115,200 at 5.76%$673.01
115,200 at 5.77%$673.74
115,200 at 5.78%$674.47
115,200 at 5.79%$675.21
115,200 at 5.8%$675.94
115,200 at 5.81%$676.67
115,200 at 5.82%$677.41
115,200 at 5.83%$678.14
115,200 at 5.84%$678.88
115,200 at 5.85%$679.61
115,200 at 5.86%$680.35
115,200 at 5.87%$681.08
115,200 at 5.88%$681.82
115,200 at 5.89%$682.56
115,200 at 5.9%$683.29
115,200 at 5.91%$684.03
115,200 at 5.92%$684.77
115,200 at 5.93%$685.51
115,200 at 5.94%$686.24
115,200 at 5.95%$686.98
115,200 at 5.96%$687.72
115,200 at 5.97%$688.46
115,200 at 5.98%$689.20
115,200 at 5.99%$689.94
115,200 at 6%$690.68
115,200 at 6.01%$691.42
115,200 at 6.02%$692.16
115,200 at 6.03%$692.91
115,200 at 6.04%$693.65
115,200 at 6.05%$694.39
115,200 at 6.06%$695.13
115,200 at 6.07%$695.88
115,200 at 6.08%$696.62
115,200 at 6.09%$697.36
115,200 at 6.1%$698.11
115,200 at 6.11%$698.85
115,200 at 6.12%$699.59
115,200 at 6.13%$700.34
115,200 at 6.14%$701.09
115,200 at 6.15%$701.83
115,200 at 6.16%$702.58
115,200 at 6.17%$703.32
115,200 at 6.18%$704.07
115,200 at 6.19%$704.82
115,200 at 6.2%$705.56
115,200 at 6.21%$706.31
115,200 at 6.22%$707.06
115,200 at 6.23%$707.81
115,200 at 6.24%$708.56
115,200 at 6.25%$709.31
115,200 at 6.26%$710.06
115,200 at 6.27%$710.81
115,200 at 6.28%$711.56
115,200 at 6.29%$712.31
115,200 at 6.3%$713.06
115,200 at 6.31%$713.81
115,200 at 6.32%$714.56
115,200 at 6.33%$715.31
115,200 at 6.34%$716.06
115,200 at 6.35%$716.82
115,200 at 6.36%$717.57
115,200 at 6.37%$718.32
115,200 at 6.38%$719.07
115,200 at 6.39%$719.83
115,200 at 6.4%$720.58
115,200 at 6.41%$721.34
115,200 at 6.42%$722.09
115,200 at 6.43%$722.85
115,200 at 6.44%$723.60
115,200 at 6.45%$724.36
115,200 at 6.46%$725.11
115,200 at 6.47%$725.87
115,200 at 6.48%$726.63
115,200 at 6.49%$727.38
115,200 at 6.5%$728.14
Interest Rate 30 Year
115,200 at 6.51%$728.90
115,200 at 6.52%$729.66
115,200 at 6.53%$730.42
115,200 at 6.54%$731.18
115,200 at 6.55%$731.93
115,200 at 6.56%$732.69
115,200 at 6.57%$733.45
115,200 at 6.58%$734.21
115,200 at 6.59%$734.97
115,200 at 6.6%$735.73
115,200 at 6.61%$736.50
115,200 at 6.62%$737.26
115,200 at 6.63%$738.02
115,200 at 6.64%$738.78
115,200 at 6.65%$739.54
115,200 at 6.66%$740.31
115,200 at 6.67%$741.07
115,200 at 6.68%$741.83
115,200 at 6.69%$742.60
115,200 at 6.7%$743.36
115,200 at 6.71%$744.12
115,200 at 6.72%$744.89
115,200 at 6.73%$745.65
115,200 at 6.74%$746.42
115,200 at 6.75%$747.19
115,200 at 6.76%$747.95
115,200 at 6.77%$748.72
115,200 at 6.78%$749.48
115,200 at 6.79%$750.25
115,200 at 6.8%$751.02
115,200 at 6.81%$751.79
115,200 at 6.82%$752.55
115,200 at 6.83%$753.32
115,200 at 6.84%$754.09
115,200 at 6.85%$754.86
115,200 at 6.86%$755.63
115,200 at 6.87%$756.40
115,200 at 6.88%$757.17
115,200 at 6.89%$757.94
115,200 at 6.9%$758.71
115,200 at 6.91%$759.48
115,200 at 6.92%$760.25
115,200 at 6.93%$761.02
115,200 at 6.94%$761.79
115,200 at 6.95%$762.56
115,200 at 6.96%$763.34
115,200 at 6.97%$764.11
115,200 at 6.98%$764.88
115,200 at 6.99%$765.65
115,200 at 7%$766.43
115,200 at 7.01%$767.20
115,200 at 7.02%$767.98
115,200 at 7.03%$768.75
115,200 at 7.04%$769.53
115,200 at 7.05%$770.30
115,200 at 7.06%$771.08
115,200 at 7.07%$771.85
115,200 at 7.08%$772.63
115,200 at 7.09%$773.40
115,200 at 7.1%$774.18
115,200 at 7.11%$774.96
115,200 at 7.12%$775.74
115,200 at 7.13%$776.51
115,200 at 7.14%$777.29
115,200 at 7.15%$778.07
115,200 at 7.16%$778.85
115,200 at 7.17%$779.63
115,200 at 7.18%$780.40
115,200 at 7.19%$781.18
115,200 at 7.2%$781.96
115,200 at 7.21%$782.74
115,200 at 7.22%$783.52
115,200 at 7.23%$784.30
115,200 at 7.24%$785.09
115,200 at 7.25%$785.87
115,200 at 7.26%$786.65
115,200 at 7.27%$787.43
115,200 at 7.28%$788.21
115,200 at 7.29%$788.99
115,200 at 7.3%$789.78
115,200 at 7.31%$790.56
115,200 at 7.32%$791.34
115,200 at 7.33%$792.13
115,200 at 7.34%$792.91
115,200 at 7.35%$793.70
115,200 at 7.36%$794.48
115,200 at 7.37%$795.27
115,200 at 7.38%$796.05
115,200 at 7.39%$796.84
115,200 at 7.4%$797.62
115,200 at 7.41%$798.41
115,200 at 7.42%$799.19
115,200 at 7.43%$799.98
115,200 at 7.44%$800.77
115,200 at 7.45%$801.55
115,200 at 7.46%$802.34
115,200 at 7.47%$803.13
115,200 at 7.48%$803.92
115,200 at 7.49%$804.71
115,200 at 7.5%$805.50
115,200 at 7.51%$806.28
115,200 at 7.52%$807.07
115,200 at 7.53%$807.86
115,200 at 7.54%$808.65
115,200 at 7.55%$809.44
115,200 at 7.56%$810.23
115,200 at 7.57%$811.02
115,200 at 7.58%$811.82
115,200 at 7.59%$812.61
115,200 at 7.6%$813.40
115,200 at 7.61%$814.19
115,200 at 7.62%$814.98
115,200 at 7.63%$815.77
115,200 at 7.64%$816.57
115,200 at 7.65%$817.36
115,200 at 7.66%$818.15
115,200 at 7.67%$818.95
115,200 at 7.68%$819.74
115,200 at 7.69%$820.54
115,200 at 7.7%$821.33
115,200 at 7.71%$822.12
115,200 at 7.72%$822.92
115,200 at 7.73%$823.72
115,200 at 7.74%$824.51
115,200 at 7.75%$825.31
115,200 at 7.76%$826.10
115,200 at 7.77%$826.90
115,200 at 7.78%$827.70
115,200 at 7.79%$828.49
115,200 at 7.8%$829.29
115,200 at 7.81%$830.09
115,200 at 7.82%$830.89
115,200 at 7.83%$831.68
115,200 at 7.84%$832.48
115,200 at 7.85%$833.28
115,200 at 7.86%$834.08
115,200 at 7.87%$834.88
115,200 at 7.88%$835.68
115,200 at 7.89%$836.48
115,200 at 7.9%$837.28
115,200 at 7.91%$838.08
115,200 at 7.92%$838.88
115,200 at 7.93%$839.68
115,200 at 7.94%$840.48
115,200 at 7.95%$841.28
115,200 at 7.96%$842.09
115,200 at 7.97%$842.89
115,200 at 7.98%$843.69
115,200 at 7.99%$844.49
115,200 at 8%$845.30
More Amounts
What is the down payment for a $115,200 house? How much do you need to put down?
Percent Down Down Payment
1%1,152
2%2,304
3%3,456
4%4,608
5%5,760
6%6,912
7%8,064
8%9,216
9%10,368
10%11,520
11%12,672
12%13,824
13%14,976
14%16,128
15%17,280
16%18,432
17%19,584
18%20,736
19%21,888
20%23,040
Percent Down Down Payment
21%24,192
22%25,344
23%26,496
24%27,648
25%28,800
26%29,952
27%31,104
28%32,256
29%33,408
30%34,560
31%35,712
32%36,864
33%38,016
34%39,168
35%40,320
36%41,472
37%42,624
38%43,776
39%44,928
40%46,080
Percent Down Down Payment
41%47,232
42%48,384
43%49,536
44%50,688
45%51,840
46%52,992
47%54,144
48%55,296
49%56,448
50%57,600
51%58,752
52%59,904
53%61,056
54%62,208
55%63,360
56%64,512
57%65,664
58%66,816
59%67,968
60%69,120
Percent Down Down Payment
61%70,272
62%71,424
63%72,576
64%73,728
65%74,880
66%76,032
67%77,184
68%78,336
69%79,488
70%80,640
71%81,792
72%82,944
73%84,096
74%85,248
75%86,400
76%87,552
77%88,704
78%89,856
79%91,008
80%92,160
Percent Down Down Payment
81%93,312
82%94,464
83%95,616
84%96,768
85%97,920
86%99,072
87%100,224
88%101,376
89%102,528
90%103,680
91%104,832
92%105,984
93%107,136
94%108,288
95%109,440
96%110,592
97%111,744
98%112,896
99%114,048
100%115,200
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.