$129,350 Mortgage for 30 Years

What is the monthly payment of a 129,350 dollar loan?
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Loan Tables for a $129,350 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 129k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $129,350 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
129,350 at 2.01%$478.75
129,350 at 2.02%$479.40
129,350 at 2.03%$480.05
129,350 at 2.04%$480.69
129,350 at 2.05%$481.34
129,350 at 2.06%$481.99
129,350 at 2.07%$482.64
129,350 at 2.08%$483.29
129,350 at 2.09%$483.95
129,350 at 2.1%$484.60
129,350 at 2.11%$485.25
129,350 at 2.12%$485.90
129,350 at 2.13%$486.56
129,350 at 2.14%$487.21
129,350 at 2.15%$487.86
129,350 at 2.16%$488.52
129,350 at 2.17%$489.17
129,350 at 2.18%$489.83
129,350 at 2.19%$490.49
129,350 at 2.2%$491.14
129,350 at 2.21%$491.80
129,350 at 2.22%$492.46
129,350 at 2.23%$493.12
129,350 at 2.24%$493.78
129,350 at 2.25%$494.44
129,350 at 2.26%$495.10
129,350 at 2.27%$495.76
129,350 at 2.28%$496.42
129,350 at 2.29%$497.08
129,350 at 2.3%$497.74
129,350 at 2.31%$498.40
129,350 at 2.32%$499.07
129,350 at 2.33%$499.73
129,350 at 2.34%$500.39
129,350 at 2.35%$501.06
129,350 at 2.36%$501.72
129,350 at 2.37%$502.39
129,350 at 2.38%$503.06
129,350 at 2.39%$503.72
129,350 at 2.4%$504.39
129,350 at 2.41%$505.06
129,350 at 2.42%$505.73
129,350 at 2.43%$506.39
129,350 at 2.44%$507.06
129,350 at 2.45%$507.73
129,350 at 2.46%$508.40
129,350 at 2.47%$509.07
129,350 at 2.48%$509.74
129,350 at 2.49%$510.42
129,350 at 2.5%$511.09
129,350 at 2.51%$511.76
129,350 at 2.52%$512.43
129,350 at 2.53%$513.11
129,350 at 2.54%$513.78
129,350 at 2.55%$514.46
129,350 at 2.56%$515.13
129,350 at 2.57%$515.81
129,350 at 2.58%$516.49
129,350 at 2.59%$517.16
129,350 at 2.6%$517.84
129,350 at 2.61%$518.52
129,350 at 2.62%$519.20
129,350 at 2.63%$519.87
129,350 at 2.64%$520.55
129,350 at 2.65%$521.23
129,350 at 2.66%$521.91
129,350 at 2.67%$522.59
129,350 at 2.68%$523.28
129,350 at 2.69%$523.96
129,350 at 2.7%$524.64
129,350 at 2.71%$525.32
129,350 at 2.72%$526.01
129,350 at 2.73%$526.69
129,350 at 2.74%$527.38
129,350 at 2.75%$528.06
129,350 at 2.76%$528.75
129,350 at 2.77%$529.43
129,350 at 2.78%$530.12
129,350 at 2.79%$530.80
129,350 at 2.8%$531.49
129,350 at 2.81%$532.18
129,350 at 2.82%$532.87
129,350 at 2.83%$533.56
129,350 at 2.84%$534.25
129,350 at 2.85%$534.94
129,350 at 2.86%$535.63
129,350 at 2.87%$536.32
129,350 at 2.88%$537.01
129,350 at 2.89%$537.70
129,350 at 2.9%$538.39
129,350 at 2.91%$539.09
129,350 at 2.92%$539.78
129,350 at 2.93%$540.47
129,350 at 2.94%$541.17
129,350 at 2.95%$541.86
129,350 at 2.96%$542.56
129,350 at 2.97%$543.25
129,350 at 2.98%$543.95
129,350 at 2.99%$544.65
129,350 at 3%$545.34
129,350 at 3.01%$546.04
129,350 at 3.02%$546.74
129,350 at 3.03%$547.44
129,350 at 3.04%$548.14
129,350 at 3.05%$548.84
129,350 at 3.06%$549.54
129,350 at 3.07%$550.24
129,350 at 3.08%$550.94
129,350 at 3.09%$551.64
129,350 at 3.1%$552.35
129,350 at 3.11%$553.05
129,350 at 3.12%$553.75
129,350 at 3.13%$554.46
129,350 at 3.14%$555.16
129,350 at 3.15%$555.86
129,350 at 3.16%$556.57
129,350 at 3.17%$557.28
129,350 at 3.18%$557.98
129,350 at 3.19%$558.69
129,350 at 3.2%$559.40
129,350 at 3.21%$560.10
129,350 at 3.22%$560.81
129,350 at 3.23%$561.52
129,350 at 3.24%$562.23
129,350 at 3.25%$562.94
129,350 at 3.26%$563.65
129,350 at 3.27%$564.36
129,350 at 3.28%$565.07
129,350 at 3.29%$565.78
129,350 at 3.3%$566.50
129,350 at 3.31%$567.21
129,350 at 3.32%$567.92
129,350 at 3.33%$568.63
129,350 at 3.34%$569.35
129,350 at 3.35%$570.06
129,350 at 3.36%$570.78
129,350 at 3.37%$571.49
129,350 at 3.38%$572.21
129,350 at 3.39%$572.93
129,350 at 3.4%$573.64
129,350 at 3.41%$574.36
129,350 at 3.42%$575.08
129,350 at 3.43%$575.80
129,350 at 3.44%$576.52
129,350 at 3.45%$577.24
129,350 at 3.46%$577.95
129,350 at 3.47%$578.68
129,350 at 3.48%$579.40
129,350 at 3.49%$580.12
129,350 at 3.5%$580.84
Interest Rate 30 Year
129,350 at 3.51%$581.56
129,350 at 3.52%$582.28
129,350 at 3.53%$583.01
129,350 at 3.54%$583.73
129,350 at 3.55%$584.46
129,350 at 3.56%$585.18
129,350 at 3.57%$585.91
129,350 at 3.58%$586.63
129,350 at 3.59%$587.36
129,350 at 3.6%$588.08
129,350 at 3.61%$588.81
129,350 at 3.62%$589.54
129,350 at 3.63%$590.27
129,350 at 3.64%$590.99
129,350 at 3.65%$591.72
129,350 at 3.66%$592.45
129,350 at 3.67%$593.18
129,350 at 3.68%$593.91
129,350 at 3.69%$594.64
129,350 at 3.7%$595.38
129,350 at 3.71%$596.11
129,350 at 3.72%$596.84
129,350 at 3.73%$597.57
129,350 at 3.74%$598.31
129,350 at 3.75%$599.04
129,350 at 3.76%$599.77
129,350 at 3.77%$600.51
129,350 at 3.78%$601.24
129,350 at 3.79%$601.98
129,350 at 3.8%$602.72
129,350 at 3.81%$603.45
129,350 at 3.82%$604.19
129,350 at 3.83%$604.93
129,350 at 3.84%$605.66
129,350 at 3.85%$606.40
129,350 at 3.86%$607.14
129,350 at 3.87%$607.88
129,350 at 3.88%$608.62
129,350 at 3.89%$609.36
129,350 at 3.9%$610.10
129,350 at 3.91%$610.84
129,350 at 3.92%$611.59
129,350 at 3.93%$612.33
129,350 at 3.94%$613.07
129,350 at 3.95%$613.81
129,350 at 3.96%$614.56
129,350 at 3.97%$615.30
129,350 at 3.98%$616.05
129,350 at 3.99%$616.79
129,350 at 4%$617.54
129,350 at 4.01%$618.28
129,350 at 4.02%$619.03
129,350 at 4.03%$619.78
129,350 at 4.04%$620.52
129,350 at 4.05%$621.27
129,350 at 4.06%$622.02
129,350 at 4.07%$622.77
129,350 at 4.08%$623.52
129,350 at 4.09%$624.27
129,350 at 4.1%$625.02
129,350 at 4.11%$625.77
129,350 at 4.12%$626.52
129,350 at 4.13%$627.27
129,350 at 4.14%$628.02
129,350 at 4.15%$628.77
129,350 at 4.16%$629.53
129,350 at 4.17%$630.28
129,350 at 4.18%$631.03
129,350 at 4.19%$631.79
129,350 at 4.2%$632.54
129,350 at 4.21%$633.30
129,350 at 4.22%$634.05
129,350 at 4.23%$634.81
129,350 at 4.24%$635.57
129,350 at 4.25%$636.32
129,350 at 4.26%$637.08
129,350 at 4.27%$637.84
129,350 at 4.28%$638.60
129,350 at 4.29%$639.36
129,350 at 4.3%$640.12
129,350 at 4.31%$640.88
129,350 at 4.32%$641.64
129,350 at 4.33%$642.40
129,350 at 4.34%$643.16
129,350 at 4.35%$643.92
129,350 at 4.36%$644.68
129,350 at 4.37%$645.44
129,350 at 4.38%$646.21
129,350 at 4.39%$646.97
129,350 at 4.4%$647.73
129,350 at 4.41%$648.50
129,350 at 4.42%$649.26
129,350 at 4.43%$650.03
129,350 at 4.44%$650.79
129,350 at 4.45%$651.56
129,350 at 4.46%$652.33
129,350 at 4.47%$653.09
129,350 at 4.48%$653.86
129,350 at 4.49%$654.63
129,350 at 4.5%$655.40
129,350 at 4.51%$656.17
129,350 at 4.52%$656.94
129,350 at 4.53%$657.71
129,350 at 4.54%$658.48
129,350 at 4.55%$659.25
129,350 at 4.56%$660.02
129,350 at 4.57%$660.79
129,350 at 4.58%$661.56
129,350 at 4.59%$662.33
129,350 at 4.6%$663.11
129,350 at 4.61%$663.88
129,350 at 4.62%$664.65
129,350 at 4.63%$665.43
129,350 at 4.64%$666.20
129,350 at 4.65%$666.98
129,350 at 4.66%$667.75
129,350 at 4.67%$668.53
129,350 at 4.68%$669.30
129,350 at 4.69%$670.08
129,350 at 4.7%$670.86
129,350 at 4.71%$671.64
129,350 at 4.72%$672.41
129,350 at 4.73%$673.19
129,350 at 4.74%$673.97
129,350 at 4.75%$674.75
129,350 at 4.76%$675.53
129,350 at 4.77%$676.31
129,350 at 4.78%$677.09
129,350 at 4.79%$677.87
129,350 at 4.8%$678.65
129,350 at 4.81%$679.44
129,350 at 4.82%$680.22
129,350 at 4.83%$681.00
129,350 at 4.84%$681.79
129,350 at 4.85%$682.57
129,350 at 4.86%$683.35
129,350 at 4.87%$684.14
129,350 at 4.88%$684.92
129,350 at 4.89%$685.71
129,350 at 4.9%$686.50
129,350 at 4.91%$687.28
129,350 at 4.92%$688.07
129,350 at 4.93%$688.86
129,350 at 4.94%$689.64
129,350 at 4.95%$690.43
129,350 at 4.96%$691.22
129,350 at 4.97%$692.01
129,350 at 4.98%$692.80
129,350 at 4.99%$693.59
129,350 at 5%$694.38
Interest Rate 30 Year
129,350 at 5.01%$695.17
129,350 at 5.02%$695.96
129,350 at 5.03%$696.75
129,350 at 5.04%$697.54
129,350 at 5.05%$698.34
129,350 at 5.06%$699.13
129,350 at 5.07%$699.92
129,350 at 5.08%$700.72
129,350 at 5.09%$701.51
129,350 at 5.1%$702.31
129,350 at 5.11%$703.10
129,350 at 5.12%$703.90
129,350 at 5.13%$704.69
129,350 at 5.14%$705.49
129,350 at 5.15%$706.28
129,350 at 5.16%$707.08
129,350 at 5.17%$707.88
129,350 at 5.18%$708.68
129,350 at 5.19%$709.48
129,350 at 5.2%$710.27
129,350 at 5.21%$711.07
129,350 at 5.22%$711.87
129,350 at 5.23%$712.67
129,350 at 5.24%$713.47
129,350 at 5.25%$714.28
129,350 at 5.26%$715.08
129,350 at 5.27%$715.88
129,350 at 5.28%$716.68
129,350 at 5.29%$717.48
129,350 at 5.3%$718.29
129,350 at 5.31%$719.09
129,350 at 5.32%$719.89
129,350 at 5.33%$720.70
129,350 at 5.34%$721.50
129,350 at 5.35%$722.31
129,350 at 5.36%$723.11
129,350 at 5.37%$723.92
129,350 at 5.38%$724.73
129,350 at 5.39%$725.53
129,350 at 5.4%$726.34
129,350 at 5.41%$727.15
129,350 at 5.42%$727.96
129,350 at 5.43%$728.76
129,350 at 5.44%$729.57
129,350 at 5.45%$730.38
129,350 at 5.46%$731.19
129,350 at 5.47%$732.00
129,350 at 5.48%$732.81
129,350 at 5.49%$733.62
129,350 at 5.5%$734.44
129,350 at 5.51%$735.25
129,350 at 5.52%$736.06
129,350 at 5.53%$736.87
129,350 at 5.54%$737.68
129,350 at 5.55%$738.50
129,350 at 5.56%$739.31
129,350 at 5.57%$740.13
129,350 at 5.58%$740.94
129,350 at 5.59%$741.76
129,350 at 5.6%$742.57
129,350 at 5.61%$743.39
129,350 at 5.62%$744.20
129,350 at 5.63%$745.02
129,350 at 5.64%$745.84
129,350 at 5.65%$746.65
129,350 at 5.66%$747.47
129,350 at 5.67%$748.29
129,350 at 5.68%$749.11
129,350 at 5.69%$749.93
129,350 at 5.7%$750.75
129,350 at 5.71%$751.57
129,350 at 5.72%$752.39
129,350 at 5.73%$753.21
129,350 at 5.74%$754.03
129,350 at 5.75%$754.85
129,350 at 5.76%$755.67
129,350 at 5.77%$756.50
129,350 at 5.78%$757.32
129,350 at 5.79%$758.14
129,350 at 5.8%$758.97
129,350 at 5.81%$759.79
129,350 at 5.82%$760.61
129,350 at 5.83%$761.44
129,350 at 5.84%$762.26
129,350 at 5.85%$763.09
129,350 at 5.86%$763.91
129,350 at 5.87%$764.74
129,350 at 5.88%$765.57
129,350 at 5.89%$766.39
129,350 at 5.9%$767.22
129,350 at 5.91%$768.05
129,350 at 5.92%$768.88
129,350 at 5.93%$769.71
129,350 at 5.94%$770.54
129,350 at 5.95%$771.37
129,350 at 5.96%$772.20
129,350 at 5.97%$773.03
129,350 at 5.98%$773.86
129,350 at 5.99%$774.69
129,350 at 6%$775.52
129,350 at 6.01%$776.35
129,350 at 6.02%$777.18
129,350 at 6.03%$778.02
129,350 at 6.04%$778.85
129,350 at 6.05%$779.68
129,350 at 6.06%$780.52
129,350 at 6.07%$781.35
129,350 at 6.08%$782.18
129,350 at 6.09%$783.02
129,350 at 6.1%$783.85
129,350 at 6.11%$784.69
129,350 at 6.12%$785.53
129,350 at 6.13%$786.36
129,350 at 6.14%$787.20
129,350 at 6.15%$788.04
129,350 at 6.16%$788.87
129,350 at 6.17%$789.71
129,350 at 6.18%$790.55
129,350 at 6.19%$791.39
129,350 at 6.2%$792.23
129,350 at 6.21%$793.07
129,350 at 6.22%$793.91
129,350 at 6.23%$794.75
129,350 at 6.24%$795.59
129,350 at 6.25%$796.43
129,350 at 6.26%$797.27
129,350 at 6.27%$798.11
129,350 at 6.28%$798.96
129,350 at 6.29%$799.80
129,350 at 6.3%$800.64
129,350 at 6.31%$801.48
129,350 at 6.32%$802.33
129,350 at 6.33%$803.17
129,350 at 6.34%$804.02
129,350 at 6.35%$804.86
129,350 at 6.36%$805.71
129,350 at 6.37%$806.55
129,350 at 6.38%$807.40
129,350 at 6.39%$808.25
129,350 at 6.4%$809.09
129,350 at 6.41%$809.94
129,350 at 6.42%$810.79
129,350 at 6.43%$811.63
129,350 at 6.44%$812.48
129,350 at 6.45%$813.33
129,350 at 6.46%$814.18
129,350 at 6.47%$815.03
129,350 at 6.48%$815.88
129,350 at 6.49%$816.73
129,350 at 6.5%$817.58
Interest Rate 30 Year
129,350 at 6.51%$818.43
129,350 at 6.52%$819.28
129,350 at 6.53%$820.13
129,350 at 6.54%$820.99
129,350 at 6.55%$821.84
129,350 at 6.56%$822.69
129,350 at 6.57%$823.54
129,350 at 6.58%$824.40
129,350 at 6.59%$825.25
129,350 at 6.6%$826.11
129,350 at 6.61%$826.96
129,350 at 6.62%$827.81
129,350 at 6.63%$828.67
129,350 at 6.64%$829.53
129,350 at 6.65%$830.38
129,350 at 6.66%$831.24
129,350 at 6.67%$832.09
129,350 at 6.68%$832.95
129,350 at 6.69%$833.81
129,350 at 6.7%$834.67
129,350 at 6.71%$835.53
129,350 at 6.72%$836.38
129,350 at 6.73%$837.24
129,350 at 6.74%$838.10
129,350 at 6.75%$838.96
129,350 at 6.76%$839.82
129,350 at 6.77%$840.68
129,350 at 6.78%$841.54
129,350 at 6.79%$842.40
129,350 at 6.8%$843.27
129,350 at 6.81%$844.13
129,350 at 6.82%$844.99
129,350 at 6.83%$845.85
129,350 at 6.84%$846.71
129,350 at 6.85%$847.58
129,350 at 6.86%$848.44
129,350 at 6.87%$849.31
129,350 at 6.88%$850.17
129,350 at 6.89%$851.03
129,350 at 6.9%$851.90
129,350 at 6.91%$852.76
129,350 at 6.92%$853.63
129,350 at 6.93%$854.50
129,350 at 6.94%$855.36
129,350 at 6.95%$856.23
129,350 at 6.96%$857.10
129,350 at 6.97%$857.96
129,350 at 6.98%$858.83
129,350 at 6.99%$859.70
129,350 at 7%$860.57
129,350 at 7.01%$861.44
129,350 at 7.02%$862.31
129,350 at 7.03%$863.18
129,350 at 7.04%$864.05
129,350 at 7.05%$864.92
129,350 at 7.06%$865.79
129,350 at 7.07%$866.66
129,350 at 7.08%$867.53
129,350 at 7.09%$868.40
129,350 at 7.1%$869.27
129,350 at 7.11%$870.15
129,350 at 7.12%$871.02
129,350 at 7.13%$871.89
129,350 at 7.14%$872.76
129,350 at 7.15%$873.64
129,350 at 7.16%$874.51
129,350 at 7.17%$875.39
129,350 at 7.18%$876.26
129,350 at 7.19%$877.14
129,350 at 7.2%$878.01
129,350 at 7.21%$878.89
129,350 at 7.22%$879.76
129,350 at 7.23%$880.64
129,350 at 7.24%$881.52
129,350 at 7.25%$882.40
129,350 at 7.26%$883.27
129,350 at 7.27%$884.15
129,350 at 7.28%$885.03
129,350 at 7.29%$885.91
129,350 at 7.3%$886.79
129,350 at 7.31%$887.67
129,350 at 7.32%$888.54
129,350 at 7.33%$889.42
129,350 at 7.34%$890.30
129,350 at 7.35%$891.19
129,350 at 7.36%$892.07
129,350 at 7.37%$892.95
129,350 at 7.38%$893.83
129,350 at 7.39%$894.71
129,350 at 7.4%$895.59
129,350 at 7.41%$896.48
129,350 at 7.42%$897.36
129,350 at 7.43%$898.24
129,350 at 7.44%$899.13
129,350 at 7.45%$900.01
129,350 at 7.46%$900.89
129,350 at 7.47%$901.78
129,350 at 7.48%$902.66
129,350 at 7.49%$903.55
129,350 at 7.5%$904.43
129,350 at 7.51%$905.32
129,350 at 7.52%$906.21
129,350 at 7.53%$907.09
129,350 at 7.54%$907.98
129,350 at 7.55%$908.87
129,350 at 7.56%$909.75
129,350 at 7.57%$910.64
129,350 at 7.58%$911.53
129,350 at 7.59%$912.42
129,350 at 7.6%$913.31
129,350 at 7.61%$914.20
129,350 at 7.62%$915.09
129,350 at 7.63%$915.98
129,350 at 7.64%$916.87
129,350 at 7.65%$917.76
129,350 at 7.66%$918.65
129,350 at 7.67%$919.54
129,350 at 7.68%$920.43
129,350 at 7.69%$921.32
129,350 at 7.7%$922.21
129,350 at 7.71%$923.11
129,350 at 7.72%$924.00
129,350 at 7.73%$924.89
129,350 at 7.74%$925.79
129,350 at 7.75%$926.68
129,350 at 7.76%$927.57
129,350 at 7.77%$928.47
129,350 at 7.78%$929.36
129,350 at 7.79%$930.26
129,350 at 7.8%$931.15
129,350 at 7.81%$932.05
129,350 at 7.82%$932.94
129,350 at 7.83%$933.84
129,350 at 7.84%$934.74
129,350 at 7.85%$935.63
129,350 at 7.86%$936.53
129,350 at 7.87%$937.43
129,350 at 7.88%$938.33
129,350 at 7.89%$939.22
129,350 at 7.9%$940.12
129,350 at 7.91%$941.02
129,350 at 7.92%$941.92
129,350 at 7.93%$942.82
129,350 at 7.94%$943.72
129,350 at 7.95%$944.62
129,350 at 7.96%$945.52
129,350 at 7.97%$946.42
129,350 at 7.98%$947.32
129,350 at 7.99%$948.22
129,350 at 8%$949.12
More Amounts
What is the down payment for a $129,350 house? How much do you need to put down?
Percent Down Down Payment
1%1,294
2%2,587
3%3,881
4%5,174
5%6,468
6%7,761
7%9,055
8%10,348
9%11,642
10%12,935
11%14,229
12%15,522
13%16,816
14%18,109
15%19,403
16%20,696
17%21,990
18%23,283
19%24,577
20%25,870
Percent Down Down Payment
21%27,164
22%28,457
23%29,751
24%31,044
25%32,338
26%33,631
27%34,925
28%36,218
29%37,512
30%38,805
31%40,099
32%41,392
33%42,686
34%43,979
35%45,273
36%46,566
37%47,860
38%49,153
39%50,447
40%51,740
Percent Down Down Payment
41%53,034
42%54,327
43%55,621
44%56,914
45%58,208
46%59,501
47%60,795
48%62,088
49%63,382
50%64,675
51%65,969
52%67,262
53%68,556
54%69,849
55%71,143
56%72,436
57%73,730
58%75,023
59%76,317
60%77,610
Percent Down Down Payment
61%78,904
62%80,197
63%81,491
64%82,784
65%84,078
66%85,371
67%86,665
68%87,958
69%89,252
70%90,545
71%91,839
72%93,132
73%94,426
74%95,719
75%97,013
76%98,306
77%99,600
78%100,893
79%102,187
80%103,480
Percent Down Down Payment
81%104,774
82%106,067
83%107,361
84%108,654
85%109,948
86%111,241
87%112,535
88%113,828
89%115,122
90%116,415
91%117,709
92%119,002
93%120,296
94%121,589
95%122,883
96%124,176
97%125,470
98%126,763
99%128,057
100%129,350
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.