$129,600 Mortgage for 30 Years

What is the monthly payment of a 129,600 dollar loan?
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Loan Tables for a $129,600 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 130k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $129,600 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
129,600 at 2.01%$479.68
129,600 at 2.02%$480.32
129,600 at 2.03%$480.97
129,600 at 2.04%$481.62
129,600 at 2.05%$482.27
129,600 at 2.06%$482.92
129,600 at 2.07%$483.58
129,600 at 2.08%$484.23
129,600 at 2.09%$484.88
129,600 at 2.1%$485.53
129,600 at 2.11%$486.19
129,600 at 2.12%$486.84
129,600 at 2.13%$487.50
129,600 at 2.14%$488.15
129,600 at 2.15%$488.81
129,600 at 2.16%$489.46
129,600 at 2.17%$490.12
129,600 at 2.18%$490.78
129,600 at 2.19%$491.43
129,600 at 2.2%$492.09
129,600 at 2.21%$492.75
129,600 at 2.22%$493.41
129,600 at 2.23%$494.07
129,600 at 2.24%$494.73
129,600 at 2.25%$495.39
129,600 at 2.26%$496.05
129,600 at 2.27%$496.71
129,600 at 2.28%$497.38
129,600 at 2.29%$498.04
129,600 at 2.3%$498.70
129,600 at 2.31%$499.37
129,600 at 2.32%$500.03
129,600 at 2.33%$500.70
129,600 at 2.34%$501.36
129,600 at 2.35%$502.03
129,600 at 2.36%$502.69
129,600 at 2.37%$503.36
129,600 at 2.38%$504.03
129,600 at 2.39%$504.70
129,600 at 2.4%$505.36
129,600 at 2.41%$506.03
129,600 at 2.42%$506.70
129,600 at 2.43%$507.37
129,600 at 2.44%$508.04
129,600 at 2.45%$508.71
129,600 at 2.46%$509.39
129,600 at 2.47%$510.06
129,600 at 2.48%$510.73
129,600 at 2.49%$511.40
129,600 at 2.5%$512.08
129,600 at 2.51%$512.75
129,600 at 2.52%$513.43
129,600 at 2.53%$514.10
129,600 at 2.54%$514.78
129,600 at 2.55%$515.45
129,600 at 2.56%$516.13
129,600 at 2.57%$516.81
129,600 at 2.58%$517.48
129,600 at 2.59%$518.16
129,600 at 2.6%$518.84
129,600 at 2.61%$519.52
129,600 at 2.62%$520.20
129,600 at 2.63%$520.88
129,600 at 2.64%$521.56
129,600 at 2.65%$522.24
129,600 at 2.66%$522.92
129,600 at 2.67%$523.60
129,600 at 2.68%$524.29
129,600 at 2.69%$524.97
129,600 at 2.7%$525.65
129,600 at 2.71%$526.34
129,600 at 2.72%$527.02
129,600 at 2.73%$527.71
129,600 at 2.74%$528.39
129,600 at 2.75%$529.08
129,600 at 2.76%$529.77
129,600 at 2.77%$530.45
129,600 at 2.78%$531.14
129,600 at 2.79%$531.83
129,600 at 2.8%$532.52
129,600 at 2.81%$533.21
129,600 at 2.82%$533.90
129,600 at 2.83%$534.59
129,600 at 2.84%$535.28
129,600 at 2.85%$535.97
129,600 at 2.86%$536.66
129,600 at 2.87%$537.35
129,600 at 2.88%$538.05
129,600 at 2.89%$538.74
129,600 at 2.9%$539.43
129,600 at 2.91%$540.13
129,600 at 2.92%$540.82
129,600 at 2.93%$541.52
129,600 at 2.94%$542.21
129,600 at 2.95%$542.91
129,600 at 2.96%$543.61
129,600 at 2.97%$544.30
129,600 at 2.98%$545.00
129,600 at 2.99%$545.70
129,600 at 3%$546.40
129,600 at 3.01%$547.10
129,600 at 3.02%$547.80
129,600 at 3.03%$548.50
129,600 at 3.04%$549.20
129,600 at 3.05%$549.90
129,600 at 3.06%$550.60
129,600 at 3.07%$551.30
129,600 at 3.08%$552.01
129,600 at 3.09%$552.71
129,600 at 3.1%$553.41
129,600 at 3.11%$554.12
129,600 at 3.12%$554.82
129,600 at 3.13%$555.53
129,600 at 3.14%$556.23
129,600 at 3.15%$556.94
129,600 at 3.16%$557.65
129,600 at 3.17%$558.35
129,600 at 3.18%$559.06
129,600 at 3.19%$559.77
129,600 at 3.2%$560.48
129,600 at 3.21%$561.19
129,600 at 3.22%$561.90
129,600 at 3.23%$562.61
129,600 at 3.24%$563.32
129,600 at 3.25%$564.03
129,600 at 3.26%$564.74
129,600 at 3.27%$565.45
129,600 at 3.28%$566.16
129,600 at 3.29%$566.88
129,600 at 3.3%$567.59
129,600 at 3.31%$568.30
129,600 at 3.32%$569.02
129,600 at 3.33%$569.73
129,600 at 3.34%$570.45
129,600 at 3.35%$571.16
129,600 at 3.36%$571.88
129,600 at 3.37%$572.60
129,600 at 3.38%$573.32
129,600 at 3.39%$574.03
129,600 at 3.4%$574.75
129,600 at 3.41%$575.47
129,600 at 3.42%$576.19
129,600 at 3.43%$576.91
129,600 at 3.44%$577.63
129,600 at 3.45%$578.35
129,600 at 3.46%$579.07
129,600 at 3.47%$579.79
129,600 at 3.48%$580.52
129,600 at 3.49%$581.24
129,600 at 3.5%$581.96
Interest Rate 30 Year
129,600 at 3.51%$582.69
129,600 at 3.52%$583.41
129,600 at 3.53%$584.13
129,600 at 3.54%$584.86
129,600 at 3.55%$585.59
129,600 at 3.56%$586.31
129,600 at 3.57%$587.04
129,600 at 3.58%$587.76
129,600 at 3.59%$588.49
129,600 at 3.6%$589.22
129,600 at 3.61%$589.95
129,600 at 3.62%$590.68
129,600 at 3.63%$591.41
129,600 at 3.64%$592.14
129,600 at 3.65%$592.87
129,600 at 3.66%$593.60
129,600 at 3.67%$594.33
129,600 at 3.68%$595.06
129,600 at 3.69%$595.79
129,600 at 3.7%$596.53
129,600 at 3.71%$597.26
129,600 at 3.72%$597.99
129,600 at 3.73%$598.73
129,600 at 3.74%$599.46
129,600 at 3.75%$600.20
129,600 at 3.76%$600.93
129,600 at 3.77%$601.67
129,600 at 3.78%$602.41
129,600 at 3.79%$603.14
129,600 at 3.8%$603.88
129,600 at 3.81%$604.62
129,600 at 3.82%$605.36
129,600 at 3.83%$606.10
129,600 at 3.84%$606.84
129,600 at 3.85%$607.58
129,600 at 3.86%$608.32
129,600 at 3.87%$609.06
129,600 at 3.88%$609.80
129,600 at 3.89%$610.54
129,600 at 3.9%$611.28
129,600 at 3.91%$612.02
129,600 at 3.92%$612.77
129,600 at 3.93%$613.51
129,600 at 3.94%$614.26
129,600 at 3.95%$615.00
129,600 at 3.96%$615.75
129,600 at 3.97%$616.49
129,600 at 3.98%$617.24
129,600 at 3.99%$617.98
129,600 at 4%$618.73
129,600 at 4.01%$619.48
129,600 at 4.02%$620.23
129,600 at 4.03%$620.97
129,600 at 4.04%$621.72
129,600 at 4.05%$622.47
129,600 at 4.06%$623.22
129,600 at 4.07%$623.97
129,600 at 4.08%$624.72
129,600 at 4.09%$625.47
129,600 at 4.1%$626.23
129,600 at 4.11%$626.98
129,600 at 4.12%$627.73
129,600 at 4.13%$628.48
129,600 at 4.14%$629.24
129,600 at 4.15%$629.99
129,600 at 4.16%$630.74
129,600 at 4.17%$631.50
129,600 at 4.18%$632.25
129,600 at 4.19%$633.01
129,600 at 4.2%$633.77
129,600 at 4.21%$634.52
129,600 at 4.22%$635.28
129,600 at 4.23%$636.04
129,600 at 4.24%$636.80
129,600 at 4.25%$637.55
129,600 at 4.26%$638.31
129,600 at 4.27%$639.07
129,600 at 4.28%$639.83
129,600 at 4.29%$640.59
129,600 at 4.3%$641.35
129,600 at 4.31%$642.11
129,600 at 4.32%$642.88
129,600 at 4.33%$643.64
129,600 at 4.34%$644.40
129,600 at 4.35%$645.16
129,600 at 4.36%$645.93
129,600 at 4.37%$646.69
129,600 at 4.38%$647.46
129,600 at 4.39%$648.22
129,600 at 4.4%$648.99
129,600 at 4.41%$649.75
129,600 at 4.42%$650.52
129,600 at 4.43%$651.28
129,600 at 4.44%$652.05
129,600 at 4.45%$652.82
129,600 at 4.46%$653.59
129,600 at 4.47%$654.36
129,600 at 4.48%$655.12
129,600 at 4.49%$655.89
129,600 at 4.5%$656.66
129,600 at 4.51%$657.43
129,600 at 4.52%$658.21
129,600 at 4.53%$658.98
129,600 at 4.54%$659.75
129,600 at 4.55%$660.52
129,600 at 4.56%$661.29
129,600 at 4.57%$662.07
129,600 at 4.58%$662.84
129,600 at 4.59%$663.61
129,600 at 4.6%$664.39
129,600 at 4.61%$665.16
129,600 at 4.62%$665.94
129,600 at 4.63%$666.71
129,600 at 4.64%$667.49
129,600 at 4.65%$668.27
129,600 at 4.66%$669.04
129,600 at 4.67%$669.82
129,600 at 4.68%$670.60
129,600 at 4.69%$671.38
129,600 at 4.7%$672.15
129,600 at 4.71%$672.93
129,600 at 4.72%$673.71
129,600 at 4.73%$674.49
129,600 at 4.74%$675.27
129,600 at 4.75%$676.05
129,600 at 4.76%$676.84
129,600 at 4.77%$677.62
129,600 at 4.78%$678.40
129,600 at 4.79%$679.18
129,600 at 4.8%$679.97
129,600 at 4.81%$680.75
129,600 at 4.82%$681.53
129,600 at 4.83%$682.32
129,600 at 4.84%$683.10
129,600 at 4.85%$683.89
129,600 at 4.86%$684.67
129,600 at 4.87%$685.46
129,600 at 4.88%$686.25
129,600 at 4.89%$687.03
129,600 at 4.9%$687.82
129,600 at 4.91%$688.61
129,600 at 4.92%$689.40
129,600 at 4.93%$690.19
129,600 at 4.94%$690.98
129,600 at 4.95%$691.77
129,600 at 4.96%$692.56
129,600 at 4.97%$693.35
129,600 at 4.98%$694.14
129,600 at 4.99%$694.93
129,600 at 5%$695.72
Interest Rate 30 Year
129,600 at 5.01%$696.51
129,600 at 5.02%$697.31
129,600 at 5.03%$698.10
129,600 at 5.04%$698.89
129,600 at 5.05%$699.69
129,600 at 5.06%$700.48
129,600 at 5.07%$701.28
129,600 at 5.08%$702.07
129,600 at 5.09%$702.87
129,600 at 5.1%$703.66
129,600 at 5.11%$704.46
129,600 at 5.12%$705.26
129,600 at 5.13%$706.05
129,600 at 5.14%$706.85
129,600 at 5.15%$707.65
129,600 at 5.16%$708.45
129,600 at 5.17%$709.25
129,600 at 5.18%$710.05
129,600 at 5.19%$710.85
129,600 at 5.2%$711.65
129,600 at 5.21%$712.45
129,600 at 5.22%$713.25
129,600 at 5.23%$714.05
129,600 at 5.24%$714.85
129,600 at 5.25%$715.66
129,600 at 5.26%$716.46
129,600 at 5.27%$717.26
129,600 at 5.28%$718.07
129,600 at 5.29%$718.87
129,600 at 5.3%$719.67
129,600 at 5.31%$720.48
129,600 at 5.32%$721.29
129,600 at 5.33%$722.09
129,600 at 5.34%$722.90
129,600 at 5.35%$723.70
129,600 at 5.36%$724.51
129,600 at 5.37%$725.32
129,600 at 5.38%$726.13
129,600 at 5.39%$726.94
129,600 at 5.4%$727.74
129,600 at 5.41%$728.55
129,600 at 5.42%$729.36
129,600 at 5.43%$730.17
129,600 at 5.44%$730.98
129,600 at 5.45%$731.79
129,600 at 5.46%$732.61
129,600 at 5.47%$733.42
129,600 at 5.48%$734.23
129,600 at 5.49%$735.04
129,600 at 5.5%$735.85
129,600 at 5.51%$736.67
129,600 at 5.52%$737.48
129,600 at 5.53%$738.30
129,600 at 5.54%$739.11
129,600 at 5.55%$739.93
129,600 at 5.56%$740.74
129,600 at 5.57%$741.56
129,600 at 5.58%$742.37
129,600 at 5.59%$743.19
129,600 at 5.6%$744.01
129,600 at 5.61%$744.82
129,600 at 5.62%$745.64
129,600 at 5.63%$746.46
129,600 at 5.64%$747.28
129,600 at 5.65%$748.10
129,600 at 5.66%$748.92
129,600 at 5.67%$749.74
129,600 at 5.68%$750.56
129,600 at 5.69%$751.38
129,600 at 5.7%$752.20
129,600 at 5.71%$753.02
129,600 at 5.72%$753.84
129,600 at 5.73%$754.66
129,600 at 5.74%$755.49
129,600 at 5.75%$756.31
129,600 at 5.76%$757.13
129,600 at 5.77%$757.96
129,600 at 5.78%$758.78
129,600 at 5.79%$759.61
129,600 at 5.8%$760.43
129,600 at 5.81%$761.26
129,600 at 5.82%$762.08
129,600 at 5.83%$762.91
129,600 at 5.84%$763.74
129,600 at 5.85%$764.56
129,600 at 5.86%$765.39
129,600 at 5.87%$766.22
129,600 at 5.88%$767.05
129,600 at 5.89%$767.88
129,600 at 5.9%$768.70
129,600 at 5.91%$769.53
129,600 at 5.92%$770.36
129,600 at 5.93%$771.19
129,600 at 5.94%$772.03
129,600 at 5.95%$772.86
129,600 at 5.96%$773.69
129,600 at 5.97%$774.52
129,600 at 5.98%$775.35
129,600 at 5.99%$776.18
129,600 at 6%$777.02
129,600 at 6.01%$777.85
129,600 at 6.02%$778.68
129,600 at 6.03%$779.52
129,600 at 6.04%$780.35
129,600 at 6.05%$781.19
129,600 at 6.06%$782.02
129,600 at 6.07%$782.86
129,600 at 6.08%$783.70
129,600 at 6.09%$784.53
129,600 at 6.1%$785.37
129,600 at 6.11%$786.21
129,600 at 6.12%$787.04
129,600 at 6.13%$787.88
129,600 at 6.14%$788.72
129,600 at 6.15%$789.56
129,600 at 6.16%$790.40
129,600 at 6.17%$791.24
129,600 at 6.18%$792.08
129,600 at 6.19%$792.92
129,600 at 6.2%$793.76
129,600 at 6.21%$794.60
129,600 at 6.22%$795.44
129,600 at 6.23%$796.28
129,600 at 6.24%$797.13
129,600 at 6.25%$797.97
129,600 at 6.26%$798.81
129,600 at 6.27%$799.66
129,600 at 6.28%$800.50
129,600 at 6.29%$801.34
129,600 at 6.3%$802.19
129,600 at 6.31%$803.03
129,600 at 6.32%$803.88
129,600 at 6.33%$804.72
129,600 at 6.34%$805.57
129,600 at 6.35%$806.42
129,600 at 6.36%$807.26
129,600 at 6.37%$808.11
129,600 at 6.38%$808.96
129,600 at 6.39%$809.81
129,600 at 6.4%$810.66
129,600 at 6.41%$811.50
129,600 at 6.42%$812.35
129,600 at 6.43%$813.20
129,600 at 6.44%$814.05
129,600 at 6.45%$814.90
129,600 at 6.46%$815.75
129,600 at 6.47%$816.60
129,600 at 6.48%$817.46
129,600 at 6.49%$818.31
129,600 at 6.5%$819.16
Interest Rate 30 Year
129,600 at 6.51%$820.01
129,600 at 6.52%$820.87
129,600 at 6.53%$821.72
129,600 at 6.54%$822.57
129,600 at 6.55%$823.43
129,600 at 6.56%$824.28
129,600 at 6.57%$825.14
129,600 at 6.58%$825.99
129,600 at 6.59%$826.85
129,600 at 6.6%$827.70
129,600 at 6.61%$828.56
129,600 at 6.62%$829.41
129,600 at 6.63%$830.27
129,600 at 6.64%$831.13
129,600 at 6.65%$831.99
129,600 at 6.66%$832.84
129,600 at 6.67%$833.70
129,600 at 6.68%$834.56
129,600 at 6.69%$835.42
129,600 at 6.7%$836.28
129,600 at 6.71%$837.14
129,600 at 6.72%$838.00
129,600 at 6.73%$838.86
129,600 at 6.74%$839.72
129,600 at 6.75%$840.58
129,600 at 6.76%$841.44
129,600 at 6.77%$842.31
129,600 at 6.78%$843.17
129,600 at 6.79%$844.03
129,600 at 6.8%$844.90
129,600 at 6.81%$845.76
129,600 at 6.82%$846.62
129,600 at 6.83%$847.49
129,600 at 6.84%$848.35
129,600 at 6.85%$849.22
129,600 at 6.86%$850.08
129,600 at 6.87%$850.95
129,600 at 6.88%$851.81
129,600 at 6.89%$852.68
129,600 at 6.9%$853.55
129,600 at 6.91%$854.41
129,600 at 6.92%$855.28
129,600 at 6.93%$856.15
129,600 at 6.94%$857.02
129,600 at 6.95%$857.88
129,600 at 6.96%$858.75
129,600 at 6.97%$859.62
129,600 at 6.98%$860.49
129,600 at 6.99%$861.36
129,600 at 7%$862.23
129,600 at 7.01%$863.10
129,600 at 7.02%$863.97
129,600 at 7.03%$864.84
129,600 at 7.04%$865.72
129,600 at 7.05%$866.59
129,600 at 7.06%$867.46
129,600 at 7.07%$868.33
129,600 at 7.08%$869.21
129,600 at 7.09%$870.08
129,600 at 7.1%$870.95
129,600 at 7.11%$871.83
129,600 at 7.12%$872.70
129,600 at 7.13%$873.58
129,600 at 7.14%$874.45
129,600 at 7.15%$875.33
129,600 at 7.16%$876.20
129,600 at 7.17%$877.08
129,600 at 7.18%$877.96
129,600 at 7.19%$878.83
129,600 at 7.2%$879.71
129,600 at 7.21%$880.59
129,600 at 7.22%$881.46
129,600 at 7.23%$882.34
129,600 at 7.24%$883.22
129,600 at 7.25%$884.10
129,600 at 7.26%$884.98
129,600 at 7.27%$885.86
129,600 at 7.28%$886.74
129,600 at 7.29%$887.62
129,600 at 7.3%$888.50
129,600 at 7.31%$889.38
129,600 at 7.32%$890.26
129,600 at 7.33%$891.14
129,600 at 7.34%$892.03
129,600 at 7.35%$892.91
129,600 at 7.36%$893.79
129,600 at 7.37%$894.67
129,600 at 7.38%$895.56
129,600 at 7.39%$896.44
129,600 at 7.4%$897.32
129,600 at 7.41%$898.21
129,600 at 7.42%$899.09
129,600 at 7.43%$899.98
129,600 at 7.44%$900.86
129,600 at 7.45%$901.75
129,600 at 7.46%$902.63
129,600 at 7.47%$903.52
129,600 at 7.48%$904.41
129,600 at 7.49%$905.29
129,600 at 7.5%$906.18
129,600 at 7.51%$907.07
129,600 at 7.52%$907.96
129,600 at 7.53%$908.85
129,600 at 7.54%$909.73
129,600 at 7.55%$910.62
129,600 at 7.56%$911.51
129,600 at 7.57%$912.40
129,600 at 7.58%$913.29
129,600 at 7.59%$914.18
129,600 at 7.6%$915.07
129,600 at 7.61%$915.96
129,600 at 7.62%$916.85
129,600 at 7.63%$917.75
129,600 at 7.64%$918.64
129,600 at 7.65%$919.53
129,600 at 7.66%$920.42
129,600 at 7.67%$921.32
129,600 at 7.68%$922.21
129,600 at 7.69%$923.10
129,600 at 7.7%$924.00
129,600 at 7.71%$924.89
129,600 at 7.72%$925.78
129,600 at 7.73%$926.68
129,600 at 7.74%$927.57
129,600 at 7.75%$928.47
129,600 at 7.76%$929.37
129,600 at 7.77%$930.26
129,600 at 7.78%$931.16
129,600 at 7.79%$932.06
129,600 at 7.8%$932.95
129,600 at 7.81%$933.85
129,600 at 7.82%$934.75
129,600 at 7.83%$935.65
129,600 at 7.84%$936.54
129,600 at 7.85%$937.44
129,600 at 7.86%$938.34
129,600 at 7.87%$939.24
129,600 at 7.88%$940.14
129,600 at 7.89%$941.04
129,600 at 7.9%$941.94
129,600 at 7.91%$942.84
129,600 at 7.92%$943.74
129,600 at 7.93%$944.64
129,600 at 7.94%$945.54
129,600 at 7.95%$946.45
129,600 at 7.96%$947.35
129,600 at 7.97%$948.25
129,600 at 7.98%$949.15
129,600 at 7.99%$950.06
129,600 at 8%$950.96
More Amounts
What is the down payment for a $129,600 house? How much do you need to put down?
Percent Down Down Payment
1%1,296
2%2,592
3%3,888
4%5,184
5%6,480
6%7,776
7%9,072
8%10,368
9%11,664
10%12,960
11%14,256
12%15,552
13%16,848
14%18,144
15%19,440
16%20,736
17%22,032
18%23,328
19%24,624
20%25,920
Percent Down Down Payment
21%27,216
22%28,512
23%29,808
24%31,104
25%32,400
26%33,696
27%34,992
28%36,288
29%37,584
30%38,880
31%40,176
32%41,472
33%42,768
34%44,064
35%45,360
36%46,656
37%47,952
38%49,248
39%50,544
40%51,840
Percent Down Down Payment
41%53,136
42%54,432
43%55,728
44%57,024
45%58,320
46%59,616
47%60,912
48%62,208
49%63,504
50%64,800
51%66,096
52%67,392
53%68,688
54%69,984
55%71,280
56%72,576
57%73,872
58%75,168
59%76,464
60%77,760
Percent Down Down Payment
61%79,056
62%80,352
63%81,648
64%82,944
65%84,240
66%85,536
67%86,832
68%88,128
69%89,424
70%90,720
71%92,016
72%93,312
73%94,608
74%95,904
75%97,200
76%98,496
77%99,792
78%101,088
79%102,384
80%103,680
Percent Down Down Payment
81%104,976
82%106,272
83%107,568
84%108,864
85%110,160
86%111,456
87%112,752
88%114,048
89%115,344
90%116,640
91%117,936
92%119,232
93%120,528
94%121,824
95%123,120
96%124,416
97%125,712
98%127,008
99%128,304
100%129,600
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.