$132,850 Mortgage for 30 Years

What is the monthly payment of a 132,850 dollar loan?
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Loan Tables for a $132,850 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 $132,850 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
132,850 at 2.01%$491.70
132,850 at 2.02%$492.37
132,850 at 2.03%$493.03
132,850 at 2.04%$493.70
132,850 at 2.05%$494.37
132,850 at 2.06%$495.04
132,850 at 2.07%$495.70
132,850 at 2.08%$496.37
132,850 at 2.09%$497.04
132,850 at 2.1%$497.71
132,850 at 2.11%$498.38
132,850 at 2.12%$499.05
132,850 at 2.13%$499.72
132,850 at 2.14%$500.39
132,850 at 2.15%$501.06
132,850 at 2.16%$501.74
132,850 at 2.17%$502.41
132,850 at 2.18%$503.08
132,850 at 2.19%$503.76
132,850 at 2.2%$504.43
132,850 at 2.21%$505.11
132,850 at 2.22%$505.78
132,850 at 2.23%$506.46
132,850 at 2.24%$507.14
132,850 at 2.25%$507.81
132,850 at 2.26%$508.49
132,850 at 2.27%$509.17
132,850 at 2.28%$509.85
132,850 at 2.29%$510.53
132,850 at 2.3%$511.21
132,850 at 2.31%$511.89
132,850 at 2.32%$512.57
132,850 at 2.33%$513.25
132,850 at 2.34%$513.93
132,850 at 2.35%$514.62
132,850 at 2.36%$515.30
132,850 at 2.37%$515.98
132,850 at 2.38%$516.67
132,850 at 2.39%$517.35
132,850 at 2.4%$518.04
132,850 at 2.41%$518.72
132,850 at 2.42%$519.41
132,850 at 2.43%$520.10
132,850 at 2.44%$520.78
132,850 at 2.45%$521.47
132,850 at 2.46%$522.16
132,850 at 2.47%$522.85
132,850 at 2.48%$523.54
132,850 at 2.49%$524.23
132,850 at 2.5%$524.92
132,850 at 2.51%$525.61
132,850 at 2.52%$526.30
132,850 at 2.53%$526.99
132,850 at 2.54%$527.69
132,850 at 2.55%$528.38
132,850 at 2.56%$529.07
132,850 at 2.57%$529.77
132,850 at 2.58%$530.46
132,850 at 2.59%$531.16
132,850 at 2.6%$531.85
132,850 at 2.61%$532.55
132,850 at 2.62%$533.24
132,850 at 2.63%$533.94
132,850 at 2.64%$534.64
132,850 at 2.65%$535.34
132,850 at 2.66%$536.04
132,850 at 2.67%$536.74
132,850 at 2.68%$537.44
132,850 at 2.69%$538.14
132,850 at 2.7%$538.84
132,850 at 2.71%$539.54
132,850 at 2.72%$540.24
132,850 at 2.73%$540.94
132,850 at 2.74%$541.64
132,850 at 2.75%$542.35
132,850 at 2.76%$543.05
132,850 at 2.77%$543.76
132,850 at 2.78%$544.46
132,850 at 2.79%$545.17
132,850 at 2.8%$545.87
132,850 at 2.81%$546.58
132,850 at 2.82%$547.29
132,850 at 2.83%$547.99
132,850 at 2.84%$548.70
132,850 at 2.85%$549.41
132,850 at 2.86%$550.12
132,850 at 2.87%$550.83
132,850 at 2.88%$551.54
132,850 at 2.89%$552.25
132,850 at 2.9%$552.96
132,850 at 2.91%$553.67
132,850 at 2.92%$554.39
132,850 at 2.93%$555.10
132,850 at 2.94%$555.81
132,850 at 2.95%$556.52
132,850 at 2.96%$557.24
132,850 at 2.97%$557.95
132,850 at 2.98%$558.67
132,850 at 2.99%$559.38
132,850 at 3%$560.10
132,850 at 3.01%$560.82
132,850 at 3.02%$561.53
132,850 at 3.03%$562.25
132,850 at 3.04%$562.97
132,850 at 3.05%$563.69
132,850 at 3.06%$564.41
132,850 at 3.07%$565.13
132,850 at 3.08%$565.85
132,850 at 3.09%$566.57
132,850 at 3.1%$567.29
132,850 at 3.11%$568.01
132,850 at 3.12%$568.74
132,850 at 3.13%$569.46
132,850 at 3.14%$570.18
132,850 at 3.15%$570.91
132,850 at 3.16%$571.63
132,850 at 3.17%$572.35
132,850 at 3.18%$573.08
132,850 at 3.19%$573.81
132,850 at 3.2%$574.53
132,850 at 3.21%$575.26
132,850 at 3.22%$575.99
132,850 at 3.23%$576.71
132,850 at 3.24%$577.44
132,850 at 3.25%$578.17
132,850 at 3.26%$578.90
132,850 at 3.27%$579.63
132,850 at 3.28%$580.36
132,850 at 3.29%$581.09
132,850 at 3.3%$581.82
132,850 at 3.31%$582.56
132,850 at 3.32%$583.29
132,850 at 3.33%$584.02
132,850 at 3.34%$584.75
132,850 at 3.35%$585.49
132,850 at 3.36%$586.22
132,850 at 3.37%$586.96
132,850 at 3.38%$587.69
132,850 at 3.39%$588.43
132,850 at 3.4%$589.16
132,850 at 3.41%$589.90
132,850 at 3.42%$590.64
132,850 at 3.43%$591.38
132,850 at 3.44%$592.12
132,850 at 3.45%$592.85
132,850 at 3.46%$593.59
132,850 at 3.47%$594.33
132,850 at 3.48%$595.07
132,850 at 3.49%$595.81
132,850 at 3.5%$596.56
Interest Rate 30 Year
132,850 at 3.51%$597.30
132,850 at 3.52%$598.04
132,850 at 3.53%$598.78
132,850 at 3.54%$599.53
132,850 at 3.55%$600.27
132,850 at 3.56%$601.01
132,850 at 3.57%$601.76
132,850 at 3.58%$602.50
132,850 at 3.59%$603.25
132,850 at 3.6%$604.00
132,850 at 3.61%$604.74
132,850 at 3.62%$605.49
132,850 at 3.63%$606.24
132,850 at 3.64%$606.99
132,850 at 3.65%$607.74
132,850 at 3.66%$608.48
132,850 at 3.67%$609.23
132,850 at 3.68%$609.98
132,850 at 3.69%$610.73
132,850 at 3.7%$611.49
132,850 at 3.71%$612.24
132,850 at 3.72%$612.99
132,850 at 3.73%$613.74
132,850 at 3.74%$614.50
132,850 at 3.75%$615.25
132,850 at 3.76%$616.00
132,850 at 3.77%$616.76
132,850 at 3.78%$617.51
132,850 at 3.79%$618.27
132,850 at 3.8%$619.02
132,850 at 3.81%$619.78
132,850 at 3.82%$620.54
132,850 at 3.83%$621.30
132,850 at 3.84%$622.05
132,850 at 3.85%$622.81
132,850 at 3.86%$623.57
132,850 at 3.87%$624.33
132,850 at 3.88%$625.09
132,850 at 3.89%$625.85
132,850 at 3.9%$626.61
132,850 at 3.91%$627.37
132,850 at 3.92%$628.13
132,850 at 3.93%$628.90
132,850 at 3.94%$629.66
132,850 at 3.95%$630.42
132,850 at 3.96%$631.19
132,850 at 3.97%$631.95
132,850 at 3.98%$632.72
132,850 at 3.99%$633.48
132,850 at 4%$634.25
132,850 at 4.01%$635.01
132,850 at 4.02%$635.78
132,850 at 4.03%$636.55
132,850 at 4.04%$637.31
132,850 at 4.05%$638.08
132,850 at 4.06%$638.85
132,850 at 4.07%$639.62
132,850 at 4.08%$640.39
132,850 at 4.09%$641.16
132,850 at 4.1%$641.93
132,850 at 4.11%$642.70
132,850 at 4.12%$643.47
132,850 at 4.13%$644.24
132,850 at 4.14%$645.02
132,850 at 4.15%$645.79
132,850 at 4.16%$646.56
132,850 at 4.17%$647.34
132,850 at 4.18%$648.11
132,850 at 4.19%$648.88
132,850 at 4.2%$649.66
132,850 at 4.21%$650.43
132,850 at 4.22%$651.21
132,850 at 4.23%$651.99
132,850 at 4.24%$652.76
132,850 at 4.25%$653.54
132,850 at 4.26%$654.32
132,850 at 4.27%$655.10
132,850 at 4.28%$655.88
132,850 at 4.29%$656.66
132,850 at 4.3%$657.44
132,850 at 4.31%$658.22
132,850 at 4.32%$659.00
132,850 at 4.33%$659.78
132,850 at 4.34%$660.56
132,850 at 4.35%$661.34
132,850 at 4.36%$662.13
132,850 at 4.37%$662.91
132,850 at 4.38%$663.69
132,850 at 4.39%$664.48
132,850 at 4.4%$665.26
132,850 at 4.41%$666.05
132,850 at 4.42%$666.83
132,850 at 4.43%$667.62
132,850 at 4.44%$668.40
132,850 at 4.45%$669.19
132,850 at 4.46%$669.98
132,850 at 4.47%$670.77
132,850 at 4.48%$671.55
132,850 at 4.49%$672.34
132,850 at 4.5%$673.13
132,850 at 4.51%$673.92
132,850 at 4.52%$674.71
132,850 at 4.53%$675.50
132,850 at 4.54%$676.29
132,850 at 4.55%$677.08
132,850 at 4.56%$677.88
132,850 at 4.57%$678.67
132,850 at 4.58%$679.46
132,850 at 4.59%$680.25
132,850 at 4.6%$681.05
132,850 at 4.61%$681.84
132,850 at 4.62%$682.64
132,850 at 4.63%$683.43
132,850 at 4.64%$684.23
132,850 at 4.65%$685.02
132,850 at 4.66%$685.82
132,850 at 4.67%$686.62
132,850 at 4.68%$687.41
132,850 at 4.69%$688.21
132,850 at 4.7%$689.01
132,850 at 4.71%$689.81
132,850 at 4.72%$690.61
132,850 at 4.73%$691.41
132,850 at 4.74%$692.21
132,850 at 4.75%$693.01
132,850 at 4.76%$693.81
132,850 at 4.77%$694.61
132,850 at 4.78%$695.41
132,850 at 4.79%$696.22
132,850 at 4.8%$697.02
132,850 at 4.81%$697.82
132,850 at 4.82%$698.62
132,850 at 4.83%$699.43
132,850 at 4.84%$700.23
132,850 at 4.85%$701.04
132,850 at 4.86%$701.84
132,850 at 4.87%$702.65
132,850 at 4.88%$703.46
132,850 at 4.89%$704.26
132,850 at 4.9%$705.07
132,850 at 4.91%$705.88
132,850 at 4.92%$706.69
132,850 at 4.93%$707.49
132,850 at 4.94%$708.30
132,850 at 4.95%$709.11
132,850 at 4.96%$709.92
132,850 at 4.97%$710.73
132,850 at 4.98%$711.54
132,850 at 4.99%$712.36
132,850 at 5%$713.17
Interest Rate 30 Year
132,850 at 5.01%$713.98
132,850 at 5.02%$714.79
132,850 at 5.03%$715.61
132,850 at 5.04%$716.42
132,850 at 5.05%$717.23
132,850 at 5.06%$718.05
132,850 at 5.07%$718.86
132,850 at 5.08%$719.68
132,850 at 5.09%$720.49
132,850 at 5.1%$721.31
132,850 at 5.11%$722.13
132,850 at 5.12%$722.94
132,850 at 5.13%$723.76
132,850 at 5.14%$724.58
132,850 at 5.15%$725.40
132,850 at 5.16%$726.21
132,850 at 5.17%$727.03
132,850 at 5.18%$727.85
132,850 at 5.19%$728.67
132,850 at 5.2%$729.49
132,850 at 5.21%$730.31
132,850 at 5.22%$731.14
132,850 at 5.23%$731.96
132,850 at 5.24%$732.78
132,850 at 5.25%$733.60
132,850 at 5.26%$734.43
132,850 at 5.27%$735.25
132,850 at 5.28%$736.07
132,850 at 5.29%$736.90
132,850 at 5.3%$737.72
132,850 at 5.31%$738.55
132,850 at 5.32%$739.37
132,850 at 5.33%$740.20
132,850 at 5.34%$741.03
132,850 at 5.35%$741.85
132,850 at 5.36%$742.68
132,850 at 5.37%$743.51
132,850 at 5.38%$744.34
132,850 at 5.39%$745.16
132,850 at 5.4%$745.99
132,850 at 5.41%$746.82
132,850 at 5.42%$747.65
132,850 at 5.43%$748.48
132,850 at 5.44%$749.31
132,850 at 5.45%$750.15
132,850 at 5.46%$750.98
132,850 at 5.47%$751.81
132,850 at 5.48%$752.64
132,850 at 5.49%$753.47
132,850 at 5.5%$754.31
132,850 at 5.51%$755.14
132,850 at 5.52%$755.98
132,850 at 5.53%$756.81
132,850 at 5.54%$757.65
132,850 at 5.55%$758.48
132,850 at 5.56%$759.32
132,850 at 5.57%$760.15
132,850 at 5.58%$760.99
132,850 at 5.59%$761.83
132,850 at 5.6%$762.66
132,850 at 5.61%$763.50
132,850 at 5.62%$764.34
132,850 at 5.63%$765.18
132,850 at 5.64%$766.02
132,850 at 5.65%$766.86
132,850 at 5.66%$767.70
132,850 at 5.67%$768.54
132,850 at 5.68%$769.38
132,850 at 5.69%$770.22
132,850 at 5.7%$771.06
132,850 at 5.71%$771.90
132,850 at 5.72%$772.75
132,850 at 5.73%$773.59
132,850 at 5.74%$774.43
132,850 at 5.75%$775.28
132,850 at 5.76%$776.12
132,850 at 5.77%$776.97
132,850 at 5.78%$777.81
132,850 at 5.79%$778.66
132,850 at 5.8%$779.50
132,850 at 5.81%$780.35
132,850 at 5.82%$781.19
132,850 at 5.83%$782.04
132,850 at 5.84%$782.89
132,850 at 5.85%$783.74
132,850 at 5.86%$784.58
132,850 at 5.87%$785.43
132,850 at 5.88%$786.28
132,850 at 5.89%$787.13
132,850 at 5.9%$787.98
132,850 at 5.91%$788.83
132,850 at 5.92%$789.68
132,850 at 5.93%$790.53
132,850 at 5.94%$791.39
132,850 at 5.95%$792.24
132,850 at 5.96%$793.09
132,850 at 5.97%$793.94
132,850 at 5.98%$794.80
132,850 at 5.99%$795.65
132,850 at 6%$796.50
132,850 at 6.01%$797.36
132,850 at 6.02%$798.21
132,850 at 6.03%$799.07
132,850 at 6.04%$799.92
132,850 at 6.05%$800.78
132,850 at 6.06%$801.63
132,850 at 6.07%$802.49
132,850 at 6.08%$803.35
132,850 at 6.09%$804.21
132,850 at 6.1%$805.06
132,850 at 6.11%$805.92
132,850 at 6.12%$806.78
132,850 at 6.13%$807.64
132,850 at 6.14%$808.50
132,850 at 6.15%$809.36
132,850 at 6.16%$810.22
132,850 at 6.17%$811.08
132,850 at 6.18%$811.94
132,850 at 6.19%$812.80
132,850 at 6.2%$813.67
132,850 at 6.21%$814.53
132,850 at 6.22%$815.39
132,850 at 6.23%$816.25
132,850 at 6.24%$817.12
132,850 at 6.25%$817.98
132,850 at 6.26%$818.84
132,850 at 6.27%$819.71
132,850 at 6.28%$820.57
132,850 at 6.29%$821.44
132,850 at 6.3%$822.31
132,850 at 6.31%$823.17
132,850 at 6.32%$824.04
132,850 at 6.33%$824.91
132,850 at 6.34%$825.77
132,850 at 6.35%$826.64
132,850 at 6.36%$827.51
132,850 at 6.37%$828.38
132,850 at 6.38%$829.25
132,850 at 6.39%$830.11
132,850 at 6.4%$830.98
132,850 at 6.41%$831.85
132,850 at 6.42%$832.73
132,850 at 6.43%$833.60
132,850 at 6.44%$834.47
132,850 at 6.45%$835.34
132,850 at 6.46%$836.21
132,850 at 6.47%$837.08
132,850 at 6.48%$837.96
132,850 at 6.49%$838.83
132,850 at 6.5%$839.70
Interest Rate 30 Year
132,850 at 6.51%$840.58
132,850 at 6.52%$841.45
132,850 at 6.53%$842.33
132,850 at 6.54%$843.20
132,850 at 6.55%$844.08
132,850 at 6.56%$844.95
132,850 at 6.57%$845.83
132,850 at 6.58%$846.70
132,850 at 6.59%$847.58
132,850 at 6.6%$848.46
132,850 at 6.61%$849.34
132,850 at 6.62%$850.21
132,850 at 6.63%$851.09
132,850 at 6.64%$851.97
132,850 at 6.65%$852.85
132,850 at 6.66%$853.73
132,850 at 6.67%$854.61
132,850 at 6.68%$855.49
132,850 at 6.69%$856.37
132,850 at 6.7%$857.25
132,850 at 6.71%$858.13
132,850 at 6.72%$859.01
132,850 at 6.73%$859.90
132,850 at 6.74%$860.78
132,850 at 6.75%$861.66
132,850 at 6.76%$862.55
132,850 at 6.77%$863.43
132,850 at 6.78%$864.31
132,850 at 6.79%$865.20
132,850 at 6.8%$866.08
132,850 at 6.81%$866.97
132,850 at 6.82%$867.85
132,850 at 6.83%$868.74
132,850 at 6.84%$869.63
132,850 at 6.85%$870.51
132,850 at 6.86%$871.40
132,850 at 6.87%$872.29
132,850 at 6.88%$873.17
132,850 at 6.89%$874.06
132,850 at 6.9%$874.95
132,850 at 6.91%$875.84
132,850 at 6.92%$876.73
132,850 at 6.93%$877.62
132,850 at 6.94%$878.51
132,850 at 6.95%$879.40
132,850 at 6.96%$880.29
132,850 at 6.97%$881.18
132,850 at 6.98%$882.07
132,850 at 6.99%$882.96
132,850 at 7%$883.85
132,850 at 7.01%$884.75
132,850 at 7.02%$885.64
132,850 at 7.03%$886.53
132,850 at 7.04%$887.43
132,850 at 7.05%$888.32
132,850 at 7.06%$889.21
132,850 at 7.07%$890.11
132,850 at 7.08%$891.00
132,850 at 7.09%$891.90
132,850 at 7.1%$892.79
132,850 at 7.11%$893.69
132,850 at 7.12%$894.59
132,850 at 7.13%$895.48
132,850 at 7.14%$896.38
132,850 at 7.15%$897.28
132,850 at 7.16%$898.18
132,850 at 7.17%$899.07
132,850 at 7.18%$899.97
132,850 at 7.19%$900.87
132,850 at 7.2%$901.77
132,850 at 7.21%$902.67
132,850 at 7.22%$903.57
132,850 at 7.23%$904.47
132,850 at 7.24%$905.37
132,850 at 7.25%$906.27
132,850 at 7.26%$907.17
132,850 at 7.27%$908.07
132,850 at 7.28%$908.98
132,850 at 7.29%$909.88
132,850 at 7.3%$910.78
132,850 at 7.31%$911.68
132,850 at 7.32%$912.59
132,850 at 7.33%$913.49
132,850 at 7.34%$914.40
132,850 at 7.35%$915.30
132,850 at 7.36%$916.20
132,850 at 7.37%$917.11
132,850 at 7.38%$918.01
132,850 at 7.39%$918.92
132,850 at 7.4%$919.83
132,850 at 7.41%$920.73
132,850 at 7.42%$921.64
132,850 at 7.43%$922.55
132,850 at 7.44%$923.45
132,850 at 7.45%$924.36
132,850 at 7.46%$925.27
132,850 at 7.47%$926.18
132,850 at 7.48%$927.09
132,850 at 7.49%$928.00
132,850 at 7.5%$928.91
132,850 at 7.51%$929.82
132,850 at 7.52%$930.73
132,850 at 7.53%$931.64
132,850 at 7.54%$932.55
132,850 at 7.55%$933.46
132,850 at 7.56%$934.37
132,850 at 7.57%$935.28
132,850 at 7.58%$936.19
132,850 at 7.59%$937.11
132,850 at 7.6%$938.02
132,850 at 7.61%$938.93
132,850 at 7.62%$939.85
132,850 at 7.63%$940.76
132,850 at 7.64%$941.68
132,850 at 7.65%$942.59
132,850 at 7.66%$943.50
132,850 at 7.67%$944.42
132,850 at 7.68%$945.34
132,850 at 7.69%$946.25
132,850 at 7.7%$947.17
132,850 at 7.71%$948.08
132,850 at 7.72%$949.00
132,850 at 7.73%$949.92
132,850 at 7.74%$950.84
132,850 at 7.75%$951.75
132,850 at 7.76%$952.67
132,850 at 7.77%$953.59
132,850 at 7.78%$954.51
132,850 at 7.79%$955.43
132,850 at 7.8%$956.35
132,850 at 7.81%$957.27
132,850 at 7.82%$958.19
132,850 at 7.83%$959.11
132,850 at 7.84%$960.03
132,850 at 7.85%$960.95
132,850 at 7.86%$961.87
132,850 at 7.87%$962.79
132,850 at 7.88%$963.72
132,850 at 7.89%$964.64
132,850 at 7.9%$965.56
132,850 at 7.91%$966.48
132,850 at 7.92%$967.41
132,850 at 7.93%$968.33
132,850 at 7.94%$969.26
132,850 at 7.95%$970.18
132,850 at 7.96%$971.10
132,850 at 7.97%$972.03
132,850 at 7.98%$972.95
132,850 at 7.99%$973.88
132,850 at 8%$974.81
More Amounts
What is the down payment for a $132,850 house? How much do you need to put down?
Percent Down Down Payment
1%1,329
2%2,657
3%3,986
4%5,314
5%6,643
6%7,971
7%9,300
8%10,628
9%11,957
10%13,285
11%14,614
12%15,942
13%17,271
14%18,599
15%19,928
16%21,256
17%22,585
18%23,913
19%25,242
20%26,570
Percent Down Down Payment
21%27,899
22%29,227
23%30,556
24%31,884
25%33,213
26%34,541
27%35,870
28%37,198
29%38,527
30%39,855
31%41,184
32%42,512
33%43,841
34%45,169
35%46,498
36%47,826
37%49,155
38%50,483
39%51,812
40%53,140
Percent Down Down Payment
41%54,469
42%55,797
43%57,126
44%58,454
45%59,783
46%61,111
47%62,440
48%63,768
49%65,097
50%66,425
51%67,754
52%69,082
53%70,411
54%71,739
55%73,068
56%74,396
57%75,725
58%77,053
59%78,382
60%79,710
Percent Down Down Payment
61%81,039
62%82,367
63%83,696
64%85,024
65%86,353
66%87,681
67%89,010
68%90,338
69%91,667
70%92,995
71%94,324
72%95,652
73%96,981
74%98,309
75%99,638
76%100,966
77%102,295
78%103,623
79%104,952
80%106,280
Percent Down Down Payment
81%107,609
82%108,937
83%110,266
84%111,594
85%112,923
86%114,251
87%115,580
88%116,908
89%118,237
90%119,565
91%120,894
92%122,222
93%123,551
94%124,879
95%126,208
96%127,536
97%128,865
98%130,193
99%131,522
100%132,850
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.