$117,350 Mortgage for 30 Years

What is the monthly payment of a 117,350 dollar loan?
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Loan Tables for a $117,350 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 117k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $117,350 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
117,350 at 2.01%$434.34
117,350 at 2.02%$434.92
117,350 at 2.03%$435.51
117,350 at 2.04%$436.10
117,350 at 2.05%$436.69
117,350 at 2.06%$437.28
117,350 at 2.07%$437.87
117,350 at 2.08%$438.46
117,350 at 2.09%$439.05
117,350 at 2.1%$439.64
117,350 at 2.11%$440.23
117,350 at 2.12%$440.82
117,350 at 2.13%$441.42
117,350 at 2.14%$442.01
117,350 at 2.15%$442.60
117,350 at 2.16%$443.20
117,350 at 2.17%$443.79
117,350 at 2.18%$444.39
117,350 at 2.19%$444.98
117,350 at 2.2%$445.58
117,350 at 2.21%$446.18
117,350 at 2.22%$446.77
117,350 at 2.23%$447.37
117,350 at 2.24%$447.97
117,350 at 2.25%$448.57
117,350 at 2.26%$449.16
117,350 at 2.27%$449.76
117,350 at 2.28%$450.36
117,350 at 2.29%$450.96
117,350 at 2.3%$451.56
117,350 at 2.31%$452.17
117,350 at 2.32%$452.77
117,350 at 2.33%$453.37
117,350 at 2.34%$453.97
117,350 at 2.35%$454.57
117,350 at 2.36%$455.18
117,350 at 2.37%$455.78
117,350 at 2.38%$456.39
117,350 at 2.39%$456.99
117,350 at 2.4%$457.60
117,350 at 2.41%$458.20
117,350 at 2.42%$458.81
117,350 at 2.43%$459.41
117,350 at 2.44%$460.02
117,350 at 2.45%$460.63
117,350 at 2.46%$461.24
117,350 at 2.47%$461.85
117,350 at 2.48%$462.46
117,350 at 2.49%$463.06
117,350 at 2.5%$463.67
117,350 at 2.51%$464.28
117,350 at 2.52%$464.90
117,350 at 2.53%$465.51
117,350 at 2.54%$466.12
117,350 at 2.55%$466.73
117,350 at 2.56%$467.34
117,350 at 2.57%$467.96
117,350 at 2.58%$468.57
117,350 at 2.59%$469.18
117,350 at 2.6%$469.80
117,350 at 2.61%$470.41
117,350 at 2.62%$471.03
117,350 at 2.63%$471.64
117,350 at 2.64%$472.26
117,350 at 2.65%$472.88
117,350 at 2.66%$473.50
117,350 at 2.67%$474.11
117,350 at 2.68%$474.73
117,350 at 2.69%$475.35
117,350 at 2.7%$475.97
117,350 at 2.71%$476.59
117,350 at 2.72%$477.21
117,350 at 2.73%$477.83
117,350 at 2.74%$478.45
117,350 at 2.75%$479.07
117,350 at 2.76%$479.69
117,350 at 2.77%$480.32
117,350 at 2.78%$480.94
117,350 at 2.79%$481.56
117,350 at 2.8%$482.18
117,350 at 2.81%$482.81
117,350 at 2.82%$483.43
117,350 at 2.83%$484.06
117,350 at 2.84%$484.68
117,350 at 2.85%$485.31
117,350 at 2.86%$485.94
117,350 at 2.87%$486.56
117,350 at 2.88%$487.19
117,350 at 2.89%$487.82
117,350 at 2.9%$488.45
117,350 at 2.91%$489.07
117,350 at 2.92%$489.70
117,350 at 2.93%$490.33
117,350 at 2.94%$490.96
117,350 at 2.95%$491.59
117,350 at 2.96%$492.22
117,350 at 2.97%$492.86
117,350 at 2.98%$493.49
117,350 at 2.99%$494.12
117,350 at 3%$494.75
117,350 at 3.01%$495.39
117,350 at 3.02%$496.02
117,350 at 3.03%$496.65
117,350 at 3.04%$497.29
117,350 at 3.05%$497.92
117,350 at 3.06%$498.56
117,350 at 3.07%$499.19
117,350 at 3.08%$499.83
117,350 at 3.09%$500.47
117,350 at 3.1%$501.10
117,350 at 3.11%$501.74
117,350 at 3.12%$502.38
117,350 at 3.13%$503.02
117,350 at 3.14%$503.66
117,350 at 3.15%$504.30
117,350 at 3.16%$504.94
117,350 at 3.17%$505.58
117,350 at 3.18%$506.22
117,350 at 3.19%$506.86
117,350 at 3.2%$507.50
117,350 at 3.21%$508.14
117,350 at 3.22%$508.78
117,350 at 3.23%$509.43
117,350 at 3.24%$510.07
117,350 at 3.25%$510.71
117,350 at 3.26%$511.36
117,350 at 3.27%$512.00
117,350 at 3.28%$512.65
117,350 at 3.29%$513.29
117,350 at 3.3%$513.94
117,350 at 3.31%$514.59
117,350 at 3.32%$515.23
117,350 at 3.33%$515.88
117,350 at 3.34%$516.53
117,350 at 3.35%$517.18
117,350 at 3.36%$517.83
117,350 at 3.37%$518.48
117,350 at 3.38%$519.12
117,350 at 3.39%$519.77
117,350 at 3.4%$520.43
117,350 at 3.41%$521.08
117,350 at 3.42%$521.73
117,350 at 3.43%$522.38
117,350 at 3.44%$523.03
117,350 at 3.45%$523.68
117,350 at 3.46%$524.34
117,350 at 3.47%$524.99
117,350 at 3.48%$525.64
117,350 at 3.49%$526.30
117,350 at 3.5%$526.95
Interest Rate 30 Year
117,350 at 3.51%$527.61
117,350 at 3.52%$528.26
117,350 at 3.53%$528.92
117,350 at 3.54%$529.58
117,350 at 3.55%$530.23
117,350 at 3.56%$530.89
117,350 at 3.57%$531.55
117,350 at 3.58%$532.21
117,350 at 3.59%$532.87
117,350 at 3.6%$533.53
117,350 at 3.61%$534.19
117,350 at 3.62%$534.85
117,350 at 3.63%$535.51
117,350 at 3.64%$536.17
117,350 at 3.65%$536.83
117,350 at 3.66%$537.49
117,350 at 3.67%$538.15
117,350 at 3.68%$538.82
117,350 at 3.69%$539.48
117,350 at 3.7%$540.14
117,350 at 3.71%$540.81
117,350 at 3.72%$541.47
117,350 at 3.73%$542.14
117,350 at 3.74%$542.80
117,350 at 3.75%$543.47
117,350 at 3.76%$544.13
117,350 at 3.77%$544.80
117,350 at 3.78%$545.47
117,350 at 3.79%$546.13
117,350 at 3.8%$546.80
117,350 at 3.81%$547.47
117,350 at 3.82%$548.14
117,350 at 3.83%$548.81
117,350 at 3.84%$549.48
117,350 at 3.85%$550.15
117,350 at 3.86%$550.82
117,350 at 3.87%$551.49
117,350 at 3.88%$552.16
117,350 at 3.89%$552.83
117,350 at 3.9%$553.50
117,350 at 3.91%$554.18
117,350 at 3.92%$554.85
117,350 at 3.93%$555.52
117,350 at 3.94%$556.20
117,350 at 3.95%$556.87
117,350 at 3.96%$557.54
117,350 at 3.97%$558.22
117,350 at 3.98%$558.89
117,350 at 3.99%$559.57
117,350 at 4%$560.25
117,350 at 4.01%$560.92
117,350 at 4.02%$561.60
117,350 at 4.03%$562.28
117,350 at 4.04%$562.96
117,350 at 4.05%$563.63
117,350 at 4.06%$564.31
117,350 at 4.07%$564.99
117,350 at 4.08%$565.67
117,350 at 4.09%$566.35
117,350 at 4.1%$567.03
117,350 at 4.11%$567.71
117,350 at 4.12%$568.40
117,350 at 4.13%$569.08
117,350 at 4.14%$569.76
117,350 at 4.15%$570.44
117,350 at 4.16%$571.13
117,350 at 4.17%$571.81
117,350 at 4.18%$572.49
117,350 at 4.19%$573.18
117,350 at 4.2%$573.86
117,350 at 4.21%$574.55
117,350 at 4.22%$575.23
117,350 at 4.23%$575.92
117,350 at 4.24%$576.60
117,350 at 4.25%$577.29
117,350 at 4.26%$577.98
117,350 at 4.27%$578.67
117,350 at 4.28%$579.35
117,350 at 4.29%$580.04
117,350 at 4.3%$580.73
117,350 at 4.31%$581.42
117,350 at 4.32%$582.11
117,350 at 4.33%$582.80
117,350 at 4.34%$583.49
117,350 at 4.35%$584.18
117,350 at 4.36%$584.87
117,350 at 4.37%$585.57
117,350 at 4.38%$586.26
117,350 at 4.39%$586.95
117,350 at 4.4%$587.64
117,350 at 4.41%$588.34
117,350 at 4.42%$589.03
117,350 at 4.43%$589.72
117,350 at 4.44%$590.42
117,350 at 4.45%$591.11
117,350 at 4.46%$591.81
117,350 at 4.47%$592.51
117,350 at 4.48%$593.20
117,350 at 4.49%$593.90
117,350 at 4.5%$594.60
117,350 at 4.51%$595.29
117,350 at 4.52%$595.99
117,350 at 4.53%$596.69
117,350 at 4.54%$597.39
117,350 at 4.55%$598.09
117,350 at 4.56%$598.79
117,350 at 4.57%$599.49
117,350 at 4.58%$600.19
117,350 at 4.59%$600.89
117,350 at 4.6%$601.59
117,350 at 4.61%$602.29
117,350 at 4.62%$602.99
117,350 at 4.63%$603.69
117,350 at 4.64%$604.40
117,350 at 4.65%$605.10
117,350 at 4.66%$605.80
117,350 at 4.67%$606.51
117,350 at 4.68%$607.21
117,350 at 4.69%$607.92
117,350 at 4.7%$608.62
117,350 at 4.71%$609.33
117,350 at 4.72%$610.03
117,350 at 4.73%$610.74
117,350 at 4.74%$611.45
117,350 at 4.75%$612.15
117,350 at 4.76%$612.86
117,350 at 4.77%$613.57
117,350 at 4.78%$614.28
117,350 at 4.79%$614.99
117,350 at 4.8%$615.69
117,350 at 4.81%$616.40
117,350 at 4.82%$617.11
117,350 at 4.83%$617.82
117,350 at 4.84%$618.54
117,350 at 4.85%$619.25
117,350 at 4.86%$619.96
117,350 at 4.87%$620.67
117,350 at 4.88%$621.38
117,350 at 4.89%$622.09
117,350 at 4.9%$622.81
117,350 at 4.91%$623.52
117,350 at 4.92%$624.24
117,350 at 4.93%$624.95
117,350 at 4.94%$625.66
117,350 at 4.95%$626.38
117,350 at 4.96%$627.09
117,350 at 4.97%$627.81
117,350 at 4.98%$628.53
117,350 at 4.99%$629.24
117,350 at 5%$629.96
Interest Rate 30 Year
117,350 at 5.01%$630.68
117,350 at 5.02%$631.40
117,350 at 5.03%$632.11
117,350 at 5.04%$632.83
117,350 at 5.05%$633.55
117,350 at 5.06%$634.27
117,350 at 5.07%$634.99
117,350 at 5.08%$635.71
117,350 at 5.09%$636.43
117,350 at 5.1%$637.15
117,350 at 5.11%$637.87
117,350 at 5.12%$638.59
117,350 at 5.13%$639.32
117,350 at 5.14%$640.04
117,350 at 5.15%$640.76
117,350 at 5.16%$641.48
117,350 at 5.17%$642.21
117,350 at 5.18%$642.93
117,350 at 5.19%$643.66
117,350 at 5.2%$644.38
117,350 at 5.21%$645.11
117,350 at 5.22%$645.83
117,350 at 5.23%$646.56
117,350 at 5.24%$647.28
117,350 at 5.25%$648.01
117,350 at 5.26%$648.74
117,350 at 5.27%$649.47
117,350 at 5.28%$650.19
117,350 at 5.29%$650.92
117,350 at 5.3%$651.65
117,350 at 5.31%$652.38
117,350 at 5.32%$653.11
117,350 at 5.33%$653.84
117,350 at 5.34%$654.57
117,350 at 5.35%$655.30
117,350 at 5.36%$656.03
117,350 at 5.37%$656.76
117,350 at 5.38%$657.49
117,350 at 5.39%$658.22
117,350 at 5.4%$658.96
117,350 at 5.41%$659.69
117,350 at 5.42%$660.42
117,350 at 5.43%$661.16
117,350 at 5.44%$661.89
117,350 at 5.45%$662.62
117,350 at 5.46%$663.36
117,350 at 5.47%$664.09
117,350 at 5.48%$664.83
117,350 at 5.49%$665.56
117,350 at 5.5%$666.30
117,350 at 5.51%$667.04
117,350 at 5.52%$667.77
117,350 at 5.53%$668.51
117,350 at 5.54%$669.25
117,350 at 5.55%$669.99
117,350 at 5.56%$670.72
117,350 at 5.57%$671.46
117,350 at 5.58%$672.20
117,350 at 5.59%$672.94
117,350 at 5.6%$673.68
117,350 at 5.61%$674.42
117,350 at 5.62%$675.16
117,350 at 5.63%$675.90
117,350 at 5.64%$676.64
117,350 at 5.65%$677.39
117,350 at 5.66%$678.13
117,350 at 5.67%$678.87
117,350 at 5.68%$679.61
117,350 at 5.69%$680.36
117,350 at 5.7%$681.10
117,350 at 5.71%$681.84
117,350 at 5.72%$682.59
117,350 at 5.73%$683.33
117,350 at 5.74%$684.08
117,350 at 5.75%$684.82
117,350 at 5.76%$685.57
117,350 at 5.77%$686.31
117,350 at 5.78%$687.06
117,350 at 5.79%$687.81
117,350 at 5.8%$688.55
117,350 at 5.81%$689.30
117,350 at 5.82%$690.05
117,350 at 5.83%$690.80
117,350 at 5.84%$691.55
117,350 at 5.85%$692.30
117,350 at 5.86%$693.04
117,350 at 5.87%$693.79
117,350 at 5.88%$694.54
117,350 at 5.89%$695.29
117,350 at 5.9%$696.05
117,350 at 5.91%$696.80
117,350 at 5.92%$697.55
117,350 at 5.93%$698.30
117,350 at 5.94%$699.05
117,350 at 5.95%$699.80
117,350 at 5.96%$700.56
117,350 at 5.97%$701.31
117,350 at 5.98%$702.06
117,350 at 5.99%$702.82
117,350 at 6%$703.57
117,350 at 6.01%$704.33
117,350 at 6.02%$705.08
117,350 at 6.03%$705.84
117,350 at 6.04%$706.59
117,350 at 6.05%$707.35
117,350 at 6.06%$708.11
117,350 at 6.07%$708.86
117,350 at 6.08%$709.62
117,350 at 6.09%$710.38
117,350 at 6.1%$711.13
117,350 at 6.11%$711.89
117,350 at 6.12%$712.65
117,350 at 6.13%$713.41
117,350 at 6.14%$714.17
117,350 at 6.15%$714.93
117,350 at 6.16%$715.69
117,350 at 6.17%$716.45
117,350 at 6.18%$717.21
117,350 at 6.19%$717.97
117,350 at 6.2%$718.73
117,350 at 6.21%$719.49
117,350 at 6.22%$720.26
117,350 at 6.23%$721.02
117,350 at 6.24%$721.78
117,350 at 6.25%$722.54
117,350 at 6.26%$723.31
117,350 at 6.27%$724.07
117,350 at 6.28%$724.84
117,350 at 6.29%$725.60
117,350 at 6.3%$726.36
117,350 at 6.31%$727.13
117,350 at 6.32%$727.90
117,350 at 6.33%$728.66
117,350 at 6.34%$729.43
117,350 at 6.35%$730.19
117,350 at 6.36%$730.96
117,350 at 6.37%$731.73
117,350 at 6.38%$732.50
117,350 at 6.39%$733.26
117,350 at 6.4%$734.03
117,350 at 6.41%$734.80
117,350 at 6.42%$735.57
117,350 at 6.43%$736.34
117,350 at 6.44%$737.11
117,350 at 6.45%$737.88
117,350 at 6.46%$738.65
117,350 at 6.47%$739.42
117,350 at 6.48%$740.19
117,350 at 6.49%$740.96
117,350 at 6.5%$741.73
Interest Rate 30 Year
117,350 at 6.51%$742.50
117,350 at 6.52%$743.28
117,350 at 6.53%$744.05
117,350 at 6.54%$744.82
117,350 at 6.55%$745.59
117,350 at 6.56%$746.37
117,350 at 6.57%$747.14
117,350 at 6.58%$747.92
117,350 at 6.59%$748.69
117,350 at 6.6%$749.47
117,350 at 6.61%$750.24
117,350 at 6.62%$751.02
117,350 at 6.63%$751.79
117,350 at 6.64%$752.57
117,350 at 6.65%$753.35
117,350 at 6.66%$754.12
117,350 at 6.67%$754.90
117,350 at 6.68%$755.68
117,350 at 6.69%$756.46
117,350 at 6.7%$757.23
117,350 at 6.71%$758.01
117,350 at 6.72%$758.79
117,350 at 6.73%$759.57
117,350 at 6.74%$760.35
117,350 at 6.75%$761.13
117,350 at 6.76%$761.91
117,350 at 6.77%$762.69
117,350 at 6.78%$763.47
117,350 at 6.79%$764.25
117,350 at 6.8%$765.03
117,350 at 6.81%$765.82
117,350 at 6.82%$766.60
117,350 at 6.83%$767.38
117,350 at 6.84%$768.16
117,350 at 6.85%$768.95
117,350 at 6.86%$769.73
117,350 at 6.87%$770.51
117,350 at 6.88%$771.30
117,350 at 6.89%$772.08
117,350 at 6.9%$772.87
117,350 at 6.91%$773.65
117,350 at 6.92%$774.44
117,350 at 6.93%$775.22
117,350 at 6.94%$776.01
117,350 at 6.95%$776.80
117,350 at 6.96%$777.58
117,350 at 6.97%$778.37
117,350 at 6.98%$779.16
117,350 at 6.99%$779.94
117,350 at 7%$780.73
117,350 at 7.01%$781.52
117,350 at 7.02%$782.31
117,350 at 7.03%$783.10
117,350 at 7.04%$783.89
117,350 at 7.05%$784.68
117,350 at 7.06%$785.47
117,350 at 7.07%$786.26
117,350 at 7.08%$787.05
117,350 at 7.09%$787.84
117,350 at 7.1%$788.63
117,350 at 7.11%$789.42
117,350 at 7.12%$790.21
117,350 at 7.13%$791.00
117,350 at 7.14%$791.80
117,350 at 7.15%$792.59
117,350 at 7.16%$793.38
117,350 at 7.17%$794.18
117,350 at 7.18%$794.97
117,350 at 7.19%$795.76
117,350 at 7.2%$796.56
117,350 at 7.21%$797.35
117,350 at 7.22%$798.15
117,350 at 7.23%$798.94
117,350 at 7.24%$799.74
117,350 at 7.25%$800.53
117,350 at 7.26%$801.33
117,350 at 7.27%$802.13
117,350 at 7.28%$802.92
117,350 at 7.29%$803.72
117,350 at 7.3%$804.52
117,350 at 7.31%$805.32
117,350 at 7.32%$806.11
117,350 at 7.33%$806.91
117,350 at 7.34%$807.71
117,350 at 7.35%$808.51
117,350 at 7.36%$809.31
117,350 at 7.37%$810.11
117,350 at 7.38%$810.91
117,350 at 7.39%$811.71
117,350 at 7.4%$812.51
117,350 at 7.41%$813.31
117,350 at 7.42%$814.11
117,350 at 7.43%$814.91
117,350 at 7.44%$815.71
117,350 at 7.45%$816.51
117,350 at 7.46%$817.32
117,350 at 7.47%$818.12
117,350 at 7.48%$818.92
117,350 at 7.49%$819.72
117,350 at 7.5%$820.53
117,350 at 7.51%$821.33
117,350 at 7.52%$822.14
117,350 at 7.53%$822.94
117,350 at 7.54%$823.74
117,350 at 7.55%$824.55
117,350 at 7.56%$825.35
117,350 at 7.57%$826.16
117,350 at 7.58%$826.97
117,350 at 7.59%$827.77
117,350 at 7.6%$828.58
117,350 at 7.61%$829.39
117,350 at 7.62%$830.19
117,350 at 7.63%$831.00
117,350 at 7.64%$831.81
117,350 at 7.65%$832.62
117,350 at 7.66%$833.42
117,350 at 7.67%$834.23
117,350 at 7.68%$835.04
117,350 at 7.69%$835.85
117,350 at 7.7%$836.66
117,350 at 7.71%$837.47
117,350 at 7.72%$838.28
117,350 at 7.73%$839.09
117,350 at 7.74%$839.90
117,350 at 7.75%$840.71
117,350 at 7.76%$841.52
117,350 at 7.77%$842.33
117,350 at 7.78%$843.14
117,350 at 7.79%$843.96
117,350 at 7.8%$844.77
117,350 at 7.81%$845.58
117,350 at 7.82%$846.39
117,350 at 7.83%$847.21
117,350 at 7.84%$848.02
117,350 at 7.85%$848.83
117,350 at 7.86%$849.65
117,350 at 7.87%$850.46
117,350 at 7.88%$851.28
117,350 at 7.89%$852.09
117,350 at 7.9%$852.91
117,350 at 7.91%$853.72
117,350 at 7.92%$854.54
117,350 at 7.93%$855.35
117,350 at 7.94%$856.17
117,350 at 7.95%$856.99
117,350 at 7.96%$857.80
117,350 at 7.97%$858.62
117,350 at 7.98%$859.44
117,350 at 7.99%$860.25
117,350 at 8%$861.07
More Amounts
What is the down payment for a $117,350 house? How much do you need to put down?
Percent Down Down Payment
1%1,174
2%2,347
3%3,521
4%4,694
5%5,868
6%7,041
7%8,215
8%9,388
9%10,562
10%11,735
11%12,909
12%14,082
13%15,256
14%16,429
15%17,603
16%18,776
17%19,950
18%21,123
19%22,297
20%23,470
Percent Down Down Payment
21%24,644
22%25,817
23%26,991
24%28,164
25%29,338
26%30,511
27%31,685
28%32,858
29%34,032
30%35,205
31%36,379
32%37,552
33%38,726
34%39,899
35%41,073
36%42,246
37%43,420
38%44,593
39%45,767
40%46,940
Percent Down Down Payment
41%48,114
42%49,287
43%50,461
44%51,634
45%52,808
46%53,981
47%55,155
48%56,328
49%57,502
50%58,675
51%59,849
52%61,022
53%62,196
54%63,369
55%64,543
56%65,716
57%66,890
58%68,063
59%69,237
60%70,410
Percent Down Down Payment
61%71,584
62%72,757
63%73,931
64%75,104
65%76,278
66%77,451
67%78,625
68%79,798
69%80,972
70%82,145
71%83,319
72%84,492
73%85,666
74%86,839
75%88,013
76%89,186
77%90,360
78%91,533
79%92,707
80%93,880
Percent Down Down Payment
81%95,054
82%96,227
83%97,401
84%98,574
85%99,748
86%100,921
87%102,095
88%103,268
89%104,442
90%105,615
91%106,789
92%107,962
93%109,136
94%110,309
95%111,483
96%112,656
97%113,830
98%115,003
99%116,177
100%117,350
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.