$132,600 Mortgage for 30 Years

What is the monthly payment of a 132,600 dollar loan?
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Loan Tables for a $132,600 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 133k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $132,600 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
132,600 at 2.01%$490.78
132,600 at 2.02%$491.44
132,600 at 2.03%$492.11
132,600 at 2.04%$492.77
132,600 at 2.05%$493.44
132,600 at 2.06%$494.10
132,600 at 2.07%$494.77
132,600 at 2.08%$495.44
132,600 at 2.09%$496.10
132,600 at 2.1%$496.77
132,600 at 2.11%$497.44
132,600 at 2.12%$498.11
132,600 at 2.13%$498.78
132,600 at 2.14%$499.45
132,600 at 2.15%$500.12
132,600 at 2.16%$500.79
132,600 at 2.17%$501.46
132,600 at 2.18%$502.14
132,600 at 2.19%$502.81
132,600 at 2.2%$503.48
132,600 at 2.21%$504.16
132,600 at 2.22%$504.83
132,600 at 2.23%$505.51
132,600 at 2.24%$506.18
132,600 at 2.25%$506.86
132,600 at 2.26%$507.53
132,600 at 2.27%$508.21
132,600 at 2.28%$508.89
132,600 at 2.29%$509.57
132,600 at 2.3%$510.25
132,600 at 2.31%$510.93
132,600 at 2.32%$511.61
132,600 at 2.33%$512.29
132,600 at 2.34%$512.97
132,600 at 2.35%$513.65
132,600 at 2.36%$514.33
132,600 at 2.37%$515.01
132,600 at 2.38%$515.69
132,600 at 2.39%$516.38
132,600 at 2.4%$517.06
132,600 at 2.41%$517.75
132,600 at 2.42%$518.43
132,600 at 2.43%$519.12
132,600 at 2.44%$519.80
132,600 at 2.45%$520.49
132,600 at 2.46%$521.18
132,600 at 2.47%$521.86
132,600 at 2.48%$522.55
132,600 at 2.49%$523.24
132,600 at 2.5%$523.93
132,600 at 2.51%$524.62
132,600 at 2.52%$525.31
132,600 at 2.53%$526.00
132,600 at 2.54%$526.69
132,600 at 2.55%$527.38
132,600 at 2.56%$528.08
132,600 at 2.57%$528.77
132,600 at 2.58%$529.46
132,600 at 2.59%$530.16
132,600 at 2.6%$530.85
132,600 at 2.61%$531.55
132,600 at 2.62%$532.24
132,600 at 2.63%$532.94
132,600 at 2.64%$533.63
132,600 at 2.65%$534.33
132,600 at 2.66%$535.03
132,600 at 2.67%$535.73
132,600 at 2.68%$536.42
132,600 at 2.69%$537.12
132,600 at 2.7%$537.82
132,600 at 2.71%$538.52
132,600 at 2.72%$539.22
132,600 at 2.73%$539.92
132,600 at 2.74%$540.63
132,600 at 2.75%$541.33
132,600 at 2.76%$542.03
132,600 at 2.77%$542.73
132,600 at 2.78%$543.44
132,600 at 2.79%$544.14
132,600 at 2.8%$544.85
132,600 at 2.81%$545.55
132,600 at 2.82%$546.26
132,600 at 2.83%$546.96
132,600 at 2.84%$547.67
132,600 at 2.85%$548.38
132,600 at 2.86%$549.08
132,600 at 2.87%$549.79
132,600 at 2.88%$550.50
132,600 at 2.89%$551.21
132,600 at 2.9%$551.92
132,600 at 2.91%$552.63
132,600 at 2.92%$553.34
132,600 at 2.93%$554.05
132,600 at 2.94%$554.77
132,600 at 2.95%$555.48
132,600 at 2.96%$556.19
132,600 at 2.97%$556.90
132,600 at 2.98%$557.62
132,600 at 2.99%$558.33
132,600 at 3%$559.05
132,600 at 3.01%$559.76
132,600 at 3.02%$560.48
132,600 at 3.03%$561.19
132,600 at 3.04%$561.91
132,600 at 3.05%$562.63
132,600 at 3.06%$563.35
132,600 at 3.07%$564.07
132,600 at 3.08%$564.78
132,600 at 3.09%$565.50
132,600 at 3.1%$566.22
132,600 at 3.11%$566.94
132,600 at 3.12%$567.67
132,600 at 3.13%$568.39
132,600 at 3.14%$569.11
132,600 at 3.15%$569.83
132,600 at 3.16%$570.55
132,600 at 3.17%$571.28
132,600 at 3.18%$572.00
132,600 at 3.19%$572.73
132,600 at 3.2%$573.45
132,600 at 3.21%$574.18
132,600 at 3.22%$574.90
132,600 at 3.23%$575.63
132,600 at 3.24%$576.36
132,600 at 3.25%$577.08
132,600 at 3.26%$577.81
132,600 at 3.27%$578.54
132,600 at 3.28%$579.27
132,600 at 3.29%$580.00
132,600 at 3.3%$580.73
132,600 at 3.31%$581.46
132,600 at 3.32%$582.19
132,600 at 3.33%$582.92
132,600 at 3.34%$583.65
132,600 at 3.35%$584.39
132,600 at 3.36%$585.12
132,600 at 3.37%$585.85
132,600 at 3.38%$586.59
132,600 at 3.39%$587.32
132,600 at 3.4%$588.06
132,600 at 3.41%$588.79
132,600 at 3.42%$589.53
132,600 at 3.43%$590.26
132,600 at 3.44%$591.00
132,600 at 3.45%$591.74
132,600 at 3.46%$592.48
132,600 at 3.47%$593.21
132,600 at 3.48%$593.95
132,600 at 3.49%$594.69
132,600 at 3.5%$595.43
Interest Rate 30 Year
132,600 at 3.51%$596.17
132,600 at 3.52%$596.91
132,600 at 3.53%$597.66
132,600 at 3.54%$598.40
132,600 at 3.55%$599.14
132,600 at 3.56%$599.88
132,600 at 3.57%$600.63
132,600 at 3.58%$601.37
132,600 at 3.59%$602.11
132,600 at 3.6%$602.86
132,600 at 3.61%$603.61
132,600 at 3.62%$604.35
132,600 at 3.63%$605.10
132,600 at 3.64%$605.84
132,600 at 3.65%$606.59
132,600 at 3.66%$607.34
132,600 at 3.67%$608.09
132,600 at 3.68%$608.84
132,600 at 3.69%$609.59
132,600 at 3.7%$610.34
132,600 at 3.71%$611.09
132,600 at 3.72%$611.84
132,600 at 3.73%$612.59
132,600 at 3.74%$613.34
132,600 at 3.75%$614.09
132,600 at 3.76%$614.84
132,600 at 3.77%$615.60
132,600 at 3.78%$616.35
132,600 at 3.79%$617.10
132,600 at 3.8%$617.86
132,600 at 3.81%$618.61
132,600 at 3.82%$619.37
132,600 at 3.83%$620.13
132,600 at 3.84%$620.88
132,600 at 3.85%$621.64
132,600 at 3.86%$622.40
132,600 at 3.87%$623.16
132,600 at 3.88%$623.91
132,600 at 3.89%$624.67
132,600 at 3.9%$625.43
132,600 at 3.91%$626.19
132,600 at 3.92%$626.95
132,600 at 3.93%$627.71
132,600 at 3.94%$628.47
132,600 at 3.95%$629.24
132,600 at 3.96%$630.00
132,600 at 3.97%$630.76
132,600 at 3.98%$631.52
132,600 at 3.99%$632.29
132,600 at 4%$633.05
132,600 at 4.01%$633.82
132,600 at 4.02%$634.58
132,600 at 4.03%$635.35
132,600 at 4.04%$636.11
132,600 at 4.05%$636.88
132,600 at 4.06%$637.65
132,600 at 4.07%$638.42
132,600 at 4.08%$639.18
132,600 at 4.09%$639.95
132,600 at 4.1%$640.72
132,600 at 4.11%$641.49
132,600 at 4.12%$642.26
132,600 at 4.13%$643.03
132,600 at 4.14%$643.80
132,600 at 4.15%$644.57
132,600 at 4.16%$645.34
132,600 at 4.17%$646.12
132,600 at 4.18%$646.89
132,600 at 4.19%$647.66
132,600 at 4.2%$648.44
132,600 at 4.21%$649.21
132,600 at 4.22%$649.99
132,600 at 4.23%$650.76
132,600 at 4.24%$651.54
132,600 at 4.25%$652.31
132,600 at 4.26%$653.09
132,600 at 4.27%$653.87
132,600 at 4.28%$654.64
132,600 at 4.29%$655.42
132,600 at 4.3%$656.20
132,600 at 4.31%$656.98
132,600 at 4.32%$657.76
132,600 at 4.33%$658.54
132,600 at 4.34%$659.32
132,600 at 4.35%$660.10
132,600 at 4.36%$660.88
132,600 at 4.37%$661.66
132,600 at 4.38%$662.44
132,600 at 4.39%$663.23
132,600 at 4.4%$664.01
132,600 at 4.41%$664.79
132,600 at 4.42%$665.58
132,600 at 4.43%$666.36
132,600 at 4.44%$667.15
132,600 at 4.45%$667.93
132,600 at 4.46%$668.72
132,600 at 4.47%$669.50
132,600 at 4.48%$670.29
132,600 at 4.49%$671.08
132,600 at 4.5%$671.86
132,600 at 4.51%$672.65
132,600 at 4.52%$673.44
132,600 at 4.53%$674.23
132,600 at 4.54%$675.02
132,600 at 4.55%$675.81
132,600 at 4.56%$676.60
132,600 at 4.57%$677.39
132,600 at 4.58%$678.18
132,600 at 4.59%$678.97
132,600 at 4.6%$679.77
132,600 at 4.61%$680.56
132,600 at 4.62%$681.35
132,600 at 4.63%$682.15
132,600 at 4.64%$682.94
132,600 at 4.65%$683.73
132,600 at 4.66%$684.53
132,600 at 4.67%$685.32
132,600 at 4.68%$686.12
132,600 at 4.69%$686.92
132,600 at 4.7%$687.71
132,600 at 4.71%$688.51
132,600 at 4.72%$689.31
132,600 at 4.73%$690.11
132,600 at 4.74%$690.91
132,600 at 4.75%$691.70
132,600 at 4.76%$692.50
132,600 at 4.77%$693.30
132,600 at 4.78%$694.10
132,600 at 4.79%$694.90
132,600 at 4.8%$695.71
132,600 at 4.81%$696.51
132,600 at 4.82%$697.31
132,600 at 4.83%$698.11
132,600 at 4.84%$698.92
132,600 at 4.85%$699.72
132,600 at 4.86%$700.52
132,600 at 4.87%$701.33
132,600 at 4.88%$702.13
132,600 at 4.89%$702.94
132,600 at 4.9%$703.74
132,600 at 4.91%$704.55
132,600 at 4.92%$705.36
132,600 at 4.93%$706.16
132,600 at 4.94%$706.97
132,600 at 4.95%$707.78
132,600 at 4.96%$708.59
132,600 at 4.97%$709.40
132,600 at 4.98%$710.21
132,600 at 4.99%$711.02
132,600 at 5%$711.83
Interest Rate 30 Year
132,600 at 5.01%$712.64
132,600 at 5.02%$713.45
132,600 at 5.03%$714.26
132,600 at 5.04%$715.07
132,600 at 5.05%$715.88
132,600 at 5.06%$716.70
132,600 at 5.07%$717.51
132,600 at 5.08%$718.32
132,600 at 5.09%$719.14
132,600 at 5.1%$719.95
132,600 at 5.11%$720.77
132,600 at 5.12%$721.58
132,600 at 5.13%$722.40
132,600 at 5.14%$723.21
132,600 at 5.15%$724.03
132,600 at 5.16%$724.85
132,600 at 5.17%$725.67
132,600 at 5.18%$726.48
132,600 at 5.19%$727.30
132,600 at 5.2%$728.12
132,600 at 5.21%$728.94
132,600 at 5.22%$729.76
132,600 at 5.23%$730.58
132,600 at 5.24%$731.40
132,600 at 5.25%$732.22
132,600 at 5.26%$733.04
132,600 at 5.27%$733.87
132,600 at 5.28%$734.69
132,600 at 5.29%$735.51
132,600 at 5.3%$736.33
132,600 at 5.31%$737.16
132,600 at 5.32%$737.98
132,600 at 5.33%$738.81
132,600 at 5.34%$739.63
132,600 at 5.35%$740.46
132,600 at 5.36%$741.28
132,600 at 5.37%$742.11
132,600 at 5.38%$742.94
132,600 at 5.39%$743.76
132,600 at 5.4%$744.59
132,600 at 5.41%$745.42
132,600 at 5.42%$746.25
132,600 at 5.43%$747.07
132,600 at 5.44%$747.90
132,600 at 5.45%$748.73
132,600 at 5.46%$749.56
132,600 at 5.47%$750.39
132,600 at 5.48%$751.23
132,600 at 5.49%$752.06
132,600 at 5.5%$752.89
132,600 at 5.51%$753.72
132,600 at 5.52%$754.55
132,600 at 5.53%$755.39
132,600 at 5.54%$756.22
132,600 at 5.55%$757.05
132,600 at 5.56%$757.89
132,600 at 5.57%$758.72
132,600 at 5.58%$759.56
132,600 at 5.59%$760.39
132,600 at 5.6%$761.23
132,600 at 5.61%$762.07
132,600 at 5.62%$762.90
132,600 at 5.63%$763.74
132,600 at 5.64%$764.58
132,600 at 5.65%$765.41
132,600 at 5.66%$766.25
132,600 at 5.67%$767.09
132,600 at 5.68%$767.93
132,600 at 5.69%$768.77
132,600 at 5.7%$769.61
132,600 at 5.71%$770.45
132,600 at 5.72%$771.29
132,600 at 5.73%$772.13
132,600 at 5.74%$772.98
132,600 at 5.75%$773.82
132,600 at 5.76%$774.66
132,600 at 5.77%$775.50
132,600 at 5.78%$776.35
132,600 at 5.79%$777.19
132,600 at 5.8%$778.03
132,600 at 5.81%$778.88
132,600 at 5.82%$779.72
132,600 at 5.83%$780.57
132,600 at 5.84%$781.42
132,600 at 5.85%$782.26
132,600 at 5.86%$783.11
132,600 at 5.87%$783.96
132,600 at 5.88%$784.80
132,600 at 5.89%$785.65
132,600 at 5.9%$786.50
132,600 at 5.91%$787.35
132,600 at 5.92%$788.20
132,600 at 5.93%$789.05
132,600 at 5.94%$789.90
132,600 at 5.95%$790.75
132,600 at 5.96%$791.60
132,600 at 5.97%$792.45
132,600 at 5.98%$793.30
132,600 at 5.99%$794.15
132,600 at 6%$795.00
132,600 at 6.01%$795.86
132,600 at 6.02%$796.71
132,600 at 6.03%$797.56
132,600 at 6.04%$798.42
132,600 at 6.05%$799.27
132,600 at 6.06%$800.13
132,600 at 6.07%$800.98
132,600 at 6.08%$801.84
132,600 at 6.09%$802.69
132,600 at 6.1%$803.55
132,600 at 6.11%$804.41
132,600 at 6.12%$805.26
132,600 at 6.13%$806.12
132,600 at 6.14%$806.98
132,600 at 6.15%$807.84
132,600 at 6.16%$808.70
132,600 at 6.17%$809.55
132,600 at 6.18%$810.41
132,600 at 6.19%$811.27
132,600 at 6.2%$812.13
132,600 at 6.21%$812.99
132,600 at 6.22%$813.86
132,600 at 6.23%$814.72
132,600 at 6.24%$815.58
132,600 at 6.25%$816.44
132,600 at 6.26%$817.30
132,600 at 6.27%$818.17
132,600 at 6.28%$819.03
132,600 at 6.29%$819.89
132,600 at 6.3%$820.76
132,600 at 6.31%$821.62
132,600 at 6.32%$822.49
132,600 at 6.33%$823.35
132,600 at 6.34%$824.22
132,600 at 6.35%$825.08
132,600 at 6.36%$825.95
132,600 at 6.37%$826.82
132,600 at 6.38%$827.69
132,600 at 6.39%$828.55
132,600 at 6.4%$829.42
132,600 at 6.41%$830.29
132,600 at 6.42%$831.16
132,600 at 6.43%$832.03
132,600 at 6.44%$832.90
132,600 at 6.45%$833.77
132,600 at 6.46%$834.64
132,600 at 6.47%$835.51
132,600 at 6.48%$836.38
132,600 at 6.49%$837.25
132,600 at 6.5%$838.12
Interest Rate 30 Year
132,600 at 6.51%$838.99
132,600 at 6.52%$839.87
132,600 at 6.53%$840.74
132,600 at 6.54%$841.61
132,600 at 6.55%$842.49
132,600 at 6.56%$843.36
132,600 at 6.57%$844.24
132,600 at 6.58%$845.11
132,600 at 6.59%$845.99
132,600 at 6.6%$846.86
132,600 at 6.61%$847.74
132,600 at 6.62%$848.61
132,600 at 6.63%$849.49
132,600 at 6.64%$850.37
132,600 at 6.65%$851.25
132,600 at 6.66%$852.12
132,600 at 6.67%$853.00
132,600 at 6.68%$853.88
132,600 at 6.69%$854.76
132,600 at 6.7%$855.64
132,600 at 6.71%$856.52
132,600 at 6.72%$857.40
132,600 at 6.73%$858.28
132,600 at 6.74%$859.16
132,600 at 6.75%$860.04
132,600 at 6.76%$860.92
132,600 at 6.77%$861.80
132,600 at 6.78%$862.69
132,600 at 6.79%$863.57
132,600 at 6.8%$864.45
132,600 at 6.81%$865.34
132,600 at 6.82%$866.22
132,600 at 6.83%$867.10
132,600 at 6.84%$867.99
132,600 at 6.85%$868.87
132,600 at 6.86%$869.76
132,600 at 6.87%$870.64
132,600 at 6.88%$871.53
132,600 at 6.89%$872.42
132,600 at 6.9%$873.30
132,600 at 6.91%$874.19
132,600 at 6.92%$875.08
132,600 at 6.93%$875.97
132,600 at 6.94%$876.85
132,600 at 6.95%$877.74
132,600 at 6.96%$878.63
132,600 at 6.97%$879.52
132,600 at 6.98%$880.41
132,600 at 6.99%$881.30
132,600 at 7%$882.19
132,600 at 7.01%$883.08
132,600 at 7.02%$883.97
132,600 at 7.03%$884.86
132,600 at 7.04%$885.76
132,600 at 7.05%$886.65
132,600 at 7.06%$887.54
132,600 at 7.07%$888.43
132,600 at 7.08%$889.33
132,600 at 7.09%$890.22
132,600 at 7.1%$891.11
132,600 at 7.11%$892.01
132,600 at 7.12%$892.90
132,600 at 7.13%$893.80
132,600 at 7.14%$894.69
132,600 at 7.15%$895.59
132,600 at 7.16%$896.49
132,600 at 7.17%$897.38
132,600 at 7.18%$898.28
132,600 at 7.19%$899.18
132,600 at 7.2%$900.07
132,600 at 7.21%$900.97
132,600 at 7.22%$901.87
132,600 at 7.23%$902.77
132,600 at 7.24%$903.67
132,600 at 7.25%$904.57
132,600 at 7.26%$905.47
132,600 at 7.27%$906.37
132,600 at 7.28%$907.27
132,600 at 7.29%$908.17
132,600 at 7.3%$909.07
132,600 at 7.31%$909.97
132,600 at 7.32%$910.87
132,600 at 7.33%$911.77
132,600 at 7.34%$912.67
132,600 at 7.35%$913.58
132,600 at 7.36%$914.48
132,600 at 7.37%$915.38
132,600 at 7.38%$916.29
132,600 at 7.39%$917.19
132,600 at 7.4%$918.10
132,600 at 7.41%$919.00
132,600 at 7.42%$919.91
132,600 at 7.43%$920.81
132,600 at 7.44%$921.72
132,600 at 7.45%$922.62
132,600 at 7.46%$923.53
132,600 at 7.47%$924.44
132,600 at 7.48%$925.34
132,600 at 7.49%$926.25
132,600 at 7.5%$927.16
132,600 at 7.51%$928.07
132,600 at 7.52%$928.98
132,600 at 7.53%$929.88
132,600 at 7.54%$930.79
132,600 at 7.55%$931.70
132,600 at 7.56%$932.61
132,600 at 7.57%$933.52
132,600 at 7.58%$934.43
132,600 at 7.59%$935.34
132,600 at 7.6%$936.26
132,600 at 7.61%$937.17
132,600 at 7.62%$938.08
132,600 at 7.63%$938.99
132,600 at 7.64%$939.90
132,600 at 7.65%$940.82
132,600 at 7.66%$941.73
132,600 at 7.67%$942.64
132,600 at 7.68%$943.56
132,600 at 7.69%$944.47
132,600 at 7.7%$945.39
132,600 at 7.71%$946.30
132,600 at 7.72%$947.22
132,600 at 7.73%$948.13
132,600 at 7.74%$949.05
132,600 at 7.75%$949.96
132,600 at 7.76%$950.88
132,600 at 7.77%$951.80
132,600 at 7.78%$952.71
132,600 at 7.79%$953.63
132,600 at 7.8%$954.55
132,600 at 7.81%$955.47
132,600 at 7.82%$956.38
132,600 at 7.83%$957.30
132,600 at 7.84%$958.22
132,600 at 7.85%$959.14
132,600 at 7.86%$960.06
132,600 at 7.87%$960.98
132,600 at 7.88%$961.90
132,600 at 7.89%$962.82
132,600 at 7.9%$963.74
132,600 at 7.91%$964.67
132,600 at 7.92%$965.59
132,600 at 7.93%$966.51
132,600 at 7.94%$967.43
132,600 at 7.95%$968.35
132,600 at 7.96%$969.28
132,600 at 7.97%$970.20
132,600 at 7.98%$971.12
132,600 at 7.99%$972.05
132,600 at 8%$972.97
More Amounts
What is the down payment for a $132,600 house? How much do you need to put down?
Percent Down Down Payment
1%1,326
2%2,652
3%3,978
4%5,304
5%6,630
6%7,956
7%9,282
8%10,608
9%11,934
10%13,260
11%14,586
12%15,912
13%17,238
14%18,564
15%19,890
16%21,216
17%22,542
18%23,868
19%25,194
20%26,520
Percent Down Down Payment
21%27,846
22%29,172
23%30,498
24%31,824
25%33,150
26%34,476
27%35,802
28%37,128
29%38,454
30%39,780
31%41,106
32%42,432
33%43,758
34%45,084
35%46,410
36%47,736
37%49,062
38%50,388
39%51,714
40%53,040
Percent Down Down Payment
41%54,366
42%55,692
43%57,018
44%58,344
45%59,670
46%60,996
47%62,322
48%63,648
49%64,974
50%66,300
51%67,626
52%68,952
53%70,278
54%71,604
55%72,930
56%74,256
57%75,582
58%76,908
59%78,234
60%79,560
Percent Down Down Payment
61%80,886
62%82,212
63%83,538
64%84,864
65%86,190
66%87,516
67%88,842
68%90,168
69%91,494
70%92,820
71%94,146
72%95,472
73%96,798
74%98,124
75%99,450
76%100,776
77%102,102
78%103,428
79%104,754
80%106,080
Percent Down Down Payment
81%107,406
82%108,732
83%110,058
84%111,384
85%112,710
86%114,036
87%115,362
88%116,688
89%118,014
90%119,340
91%120,666
92%121,992
93%123,318
94%124,644
95%125,970
96%127,296
97%128,622
98%129,948
99%131,274
100%132,600
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.