$135,200 Mortgage for 30 Years

What is the monthly payment of a 135,200 dollar loan?
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Loan Tables for a $135,200 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 135k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $135,200 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
135,200 at 2.01%$500.40
135,200 at 2.02%$501.08
135,200 at 2.03%$501.76
135,200 at 2.04%$502.43
135,200 at 2.05%$503.11
135,200 at 2.06%$503.79
135,200 at 2.07%$504.47
135,200 at 2.08%$505.15
135,200 at 2.09%$505.83
135,200 at 2.1%$506.51
135,200 at 2.11%$507.20
135,200 at 2.12%$507.88
135,200 at 2.13%$508.56
135,200 at 2.14%$509.24
135,200 at 2.15%$509.93
135,200 at 2.16%$510.61
135,200 at 2.17%$511.30
135,200 at 2.18%$511.98
135,200 at 2.19%$512.67
135,200 at 2.2%$513.36
135,200 at 2.21%$514.04
135,200 at 2.22%$514.73
135,200 at 2.23%$515.42
135,200 at 2.24%$516.11
135,200 at 2.25%$516.80
135,200 at 2.26%$517.49
135,200 at 2.27%$518.18
135,200 at 2.28%$518.87
135,200 at 2.29%$519.56
135,200 at 2.3%$520.25
135,200 at 2.31%$520.94
135,200 at 2.32%$521.64
135,200 at 2.33%$522.33
135,200 at 2.34%$523.02
135,200 at 2.35%$523.72
135,200 at 2.36%$524.41
135,200 at 2.37%$525.11
135,200 at 2.38%$525.81
135,200 at 2.39%$526.50
135,200 at 2.4%$527.20
135,200 at 2.41%$527.90
135,200 at 2.42%$528.60
135,200 at 2.43%$529.30
135,200 at 2.44%$530.00
135,200 at 2.45%$530.70
135,200 at 2.46%$531.40
135,200 at 2.47%$532.10
135,200 at 2.48%$532.80
135,200 at 2.49%$533.50
135,200 at 2.5%$534.20
135,200 at 2.51%$534.91
135,200 at 2.52%$535.61
135,200 at 2.53%$536.31
135,200 at 2.54%$537.02
135,200 at 2.55%$537.72
135,200 at 2.56%$538.43
135,200 at 2.57%$539.14
135,200 at 2.58%$539.84
135,200 at 2.59%$540.55
135,200 at 2.6%$541.26
135,200 at 2.61%$541.97
135,200 at 2.62%$542.68
135,200 at 2.63%$543.39
135,200 at 2.64%$544.10
135,200 at 2.65%$544.81
135,200 at 2.66%$545.52
135,200 at 2.67%$546.23
135,200 at 2.68%$546.94
135,200 at 2.69%$547.65
135,200 at 2.7%$548.37
135,200 at 2.71%$549.08
135,200 at 2.72%$549.80
135,200 at 2.73%$550.51
135,200 at 2.74%$551.23
135,200 at 2.75%$551.94
135,200 at 2.76%$552.66
135,200 at 2.77%$553.38
135,200 at 2.78%$554.09
135,200 at 2.79%$554.81
135,200 at 2.8%$555.53
135,200 at 2.81%$556.25
135,200 at 2.82%$556.97
135,200 at 2.83%$557.69
135,200 at 2.84%$558.41
135,200 at 2.85%$559.13
135,200 at 2.86%$559.85
135,200 at 2.87%$560.57
135,200 at 2.88%$561.30
135,200 at 2.89%$562.02
135,200 at 2.9%$562.74
135,200 at 2.91%$563.47
135,200 at 2.92%$564.19
135,200 at 2.93%$564.92
135,200 at 2.94%$565.64
135,200 at 2.95%$566.37
135,200 at 2.96%$567.10
135,200 at 2.97%$567.82
135,200 at 2.98%$568.55
135,200 at 2.99%$569.28
135,200 at 3%$570.01
135,200 at 3.01%$570.74
135,200 at 3.02%$571.47
135,200 at 3.03%$572.20
135,200 at 3.04%$572.93
135,200 at 3.05%$573.66
135,200 at 3.06%$574.39
135,200 at 3.07%$575.13
135,200 at 3.08%$575.86
135,200 at 3.09%$576.59
135,200 at 3.1%$577.33
135,200 at 3.11%$578.06
135,200 at 3.12%$578.80
135,200 at 3.13%$579.53
135,200 at 3.14%$580.27
135,200 at 3.15%$581.00
135,200 at 3.16%$581.74
135,200 at 3.17%$582.48
135,200 at 3.18%$583.22
135,200 at 3.19%$583.96
135,200 at 3.2%$584.70
135,200 at 3.21%$585.43
135,200 at 3.22%$586.18
135,200 at 3.23%$586.92
135,200 at 3.24%$587.66
135,200 at 3.25%$588.40
135,200 at 3.26%$589.14
135,200 at 3.27%$589.88
135,200 at 3.28%$590.63
135,200 at 3.29%$591.37
135,200 at 3.3%$592.12
135,200 at 3.31%$592.86
135,200 at 3.32%$593.61
135,200 at 3.33%$594.35
135,200 at 3.34%$595.10
135,200 at 3.35%$595.84
135,200 at 3.36%$596.59
135,200 at 3.37%$597.34
135,200 at 3.38%$598.09
135,200 at 3.39%$598.84
135,200 at 3.4%$599.59
135,200 at 3.41%$600.34
135,200 at 3.42%$601.09
135,200 at 3.43%$601.84
135,200 at 3.44%$602.59
135,200 at 3.45%$603.34
135,200 at 3.46%$604.09
135,200 at 3.47%$604.85
135,200 at 3.48%$605.60
135,200 at 3.49%$606.35
135,200 at 3.5%$607.11
Interest Rate 30 Year
135,200 at 3.51%$607.86
135,200 at 3.52%$608.62
135,200 at 3.53%$609.37
135,200 at 3.54%$610.13
135,200 at 3.55%$610.89
135,200 at 3.56%$611.65
135,200 at 3.57%$612.40
135,200 at 3.58%$613.16
135,200 at 3.59%$613.92
135,200 at 3.6%$614.68
135,200 at 3.61%$615.44
135,200 at 3.62%$616.20
135,200 at 3.63%$616.96
135,200 at 3.64%$617.72
135,200 at 3.65%$618.49
135,200 at 3.66%$619.25
135,200 at 3.67%$620.01
135,200 at 3.68%$620.77
135,200 at 3.69%$621.54
135,200 at 3.7%$622.30
135,200 at 3.71%$623.07
135,200 at 3.72%$623.83
135,200 at 3.73%$624.60
135,200 at 3.74%$625.37
135,200 at 3.75%$626.13
135,200 at 3.76%$626.90
135,200 at 3.77%$627.67
135,200 at 3.78%$628.44
135,200 at 3.79%$629.20
135,200 at 3.8%$629.97
135,200 at 3.81%$630.74
135,200 at 3.82%$631.51
135,200 at 3.83%$632.29
135,200 at 3.84%$633.06
135,200 at 3.85%$633.83
135,200 at 3.86%$634.60
135,200 at 3.87%$635.37
135,200 at 3.88%$636.15
135,200 at 3.89%$636.92
135,200 at 3.9%$637.70
135,200 at 3.91%$638.47
135,200 at 3.92%$639.25
135,200 at 3.93%$640.02
135,200 at 3.94%$640.80
135,200 at 3.95%$641.57
135,200 at 3.96%$642.35
135,200 at 3.97%$643.13
135,200 at 3.98%$643.91
135,200 at 3.99%$644.69
135,200 at 4%$645.47
135,200 at 4.01%$646.25
135,200 at 4.02%$647.03
135,200 at 4.03%$647.81
135,200 at 4.04%$648.59
135,200 at 4.05%$649.37
135,200 at 4.06%$650.15
135,200 at 4.07%$650.93
135,200 at 4.08%$651.72
135,200 at 4.09%$652.50
135,200 at 4.1%$653.28
135,200 at 4.11%$654.07
135,200 at 4.12%$654.85
135,200 at 4.13%$655.64
135,200 at 4.14%$656.43
135,200 at 4.15%$657.21
135,200 at 4.16%$658.00
135,200 at 4.17%$658.79
135,200 at 4.18%$659.57
135,200 at 4.19%$660.36
135,200 at 4.2%$661.15
135,200 at 4.21%$661.94
135,200 at 4.22%$662.73
135,200 at 4.23%$663.52
135,200 at 4.24%$664.31
135,200 at 4.25%$665.10
135,200 at 4.26%$665.89
135,200 at 4.27%$666.69
135,200 at 4.28%$667.48
135,200 at 4.29%$668.27
135,200 at 4.3%$669.07
135,200 at 4.31%$669.86
135,200 at 4.32%$670.65
135,200 at 4.33%$671.45
135,200 at 4.34%$672.25
135,200 at 4.35%$673.04
135,200 at 4.36%$673.84
135,200 at 4.37%$674.64
135,200 at 4.38%$675.43
135,200 at 4.39%$676.23
135,200 at 4.4%$677.03
135,200 at 4.41%$677.83
135,200 at 4.42%$678.63
135,200 at 4.43%$679.43
135,200 at 4.44%$680.23
135,200 at 4.45%$681.03
135,200 at 4.46%$681.83
135,200 at 4.47%$682.63
135,200 at 4.48%$683.43
135,200 at 4.49%$684.24
135,200 at 4.5%$685.04
135,200 at 4.51%$685.84
135,200 at 4.52%$686.65
135,200 at 4.53%$687.45
135,200 at 4.54%$688.26
135,200 at 4.55%$689.06
135,200 at 4.56%$689.87
135,200 at 4.57%$690.67
135,200 at 4.58%$691.48
135,200 at 4.59%$692.29
135,200 at 4.6%$693.10
135,200 at 4.61%$693.90
135,200 at 4.62%$694.71
135,200 at 4.63%$695.52
135,200 at 4.64%$696.33
135,200 at 4.65%$697.14
135,200 at 4.66%$697.95
135,200 at 4.67%$698.76
135,200 at 4.68%$699.57
135,200 at 4.69%$700.39
135,200 at 4.7%$701.20
135,200 at 4.71%$702.01
135,200 at 4.72%$702.82
135,200 at 4.73%$703.64
135,200 at 4.74%$704.45
135,200 at 4.75%$705.27
135,200 at 4.76%$706.08
135,200 at 4.77%$706.90
135,200 at 4.78%$707.71
135,200 at 4.79%$708.53
135,200 at 4.8%$709.35
135,200 at 4.81%$710.17
135,200 at 4.82%$710.98
135,200 at 4.83%$711.80
135,200 at 4.84%$712.62
135,200 at 4.85%$713.44
135,200 at 4.86%$714.26
135,200 at 4.87%$715.08
135,200 at 4.88%$715.90
135,200 at 4.89%$716.72
135,200 at 4.9%$717.54
135,200 at 4.91%$718.36
135,200 at 4.92%$719.19
135,200 at 4.93%$720.01
135,200 at 4.94%$720.83
135,200 at 4.95%$721.66
135,200 at 4.96%$722.48
135,200 at 4.97%$723.31
135,200 at 4.98%$724.13
135,200 at 4.99%$724.96
135,200 at 5%$725.78
Interest Rate 30 Year
135,200 at 5.01%$726.61
135,200 at 5.02%$727.44
135,200 at 5.03%$728.26
135,200 at 5.04%$729.09
135,200 at 5.05%$729.92
135,200 at 5.06%$730.75
135,200 at 5.07%$731.58
135,200 at 5.08%$732.41
135,200 at 5.09%$733.24
135,200 at 5.1%$734.07
135,200 at 5.11%$734.90
135,200 at 5.12%$735.73
135,200 at 5.13%$736.56
135,200 at 5.14%$737.39
135,200 at 5.15%$738.23
135,200 at 5.16%$739.06
135,200 at 5.17%$739.89
135,200 at 5.18%$740.73
135,200 at 5.19%$741.56
135,200 at 5.2%$742.40
135,200 at 5.21%$743.23
135,200 at 5.22%$744.07
135,200 at 5.23%$744.91
135,200 at 5.24%$745.74
135,200 at 5.25%$746.58
135,200 at 5.26%$747.42
135,200 at 5.27%$748.26
135,200 at 5.28%$749.09
135,200 at 5.29%$749.93
135,200 at 5.3%$750.77
135,200 at 5.31%$751.61
135,200 at 5.32%$752.45
135,200 at 5.33%$753.29
135,200 at 5.34%$754.13
135,200 at 5.35%$754.98
135,200 at 5.36%$755.82
135,200 at 5.37%$756.66
135,200 at 5.38%$757.50
135,200 at 5.39%$758.35
135,200 at 5.4%$759.19
135,200 at 5.41%$760.03
135,200 at 5.42%$760.88
135,200 at 5.43%$761.72
135,200 at 5.44%$762.57
135,200 at 5.45%$763.41
135,200 at 5.46%$764.26
135,200 at 5.47%$765.11
135,200 at 5.48%$765.96
135,200 at 5.49%$766.80
135,200 at 5.5%$767.65
135,200 at 5.51%$768.50
135,200 at 5.52%$769.35
135,200 at 5.53%$770.20
135,200 at 5.54%$771.05
135,200 at 5.55%$771.90
135,200 at 5.56%$772.75
135,200 at 5.57%$773.60
135,200 at 5.58%$774.45
135,200 at 5.59%$775.30
135,200 at 5.6%$776.15
135,200 at 5.61%$777.01
135,200 at 5.62%$777.86
135,200 at 5.63%$778.71
135,200 at 5.64%$779.57
135,200 at 5.65%$780.42
135,200 at 5.66%$781.28
135,200 at 5.67%$782.13
135,200 at 5.68%$782.99
135,200 at 5.69%$783.84
135,200 at 5.7%$784.70
135,200 at 5.71%$785.56
135,200 at 5.72%$786.42
135,200 at 5.73%$787.27
135,200 at 5.74%$788.13
135,200 at 5.75%$788.99
135,200 at 5.76%$789.85
135,200 at 5.77%$790.71
135,200 at 5.78%$791.57
135,200 at 5.79%$792.43
135,200 at 5.8%$793.29
135,200 at 5.81%$794.15
135,200 at 5.82%$795.01
135,200 at 5.83%$795.87
135,200 at 5.84%$796.74
135,200 at 5.85%$797.60
135,200 at 5.86%$798.46
135,200 at 5.87%$799.33
135,200 at 5.88%$800.19
135,200 at 5.89%$801.06
135,200 at 5.9%$801.92
135,200 at 5.91%$802.79
135,200 at 5.92%$803.65
135,200 at 5.93%$804.52
135,200 at 5.94%$805.38
135,200 at 5.95%$806.25
135,200 at 5.96%$807.12
135,200 at 5.97%$807.99
135,200 at 5.98%$808.85
135,200 at 5.99%$809.72
135,200 at 6%$810.59
135,200 at 6.01%$811.46
135,200 at 6.02%$812.33
135,200 at 6.03%$813.20
135,200 at 6.04%$814.07
135,200 at 6.05%$814.94
135,200 at 6.06%$815.82
135,200 at 6.07%$816.69
135,200 at 6.08%$817.56
135,200 at 6.09%$818.43
135,200 at 6.1%$819.30
135,200 at 6.11%$820.18
135,200 at 6.12%$821.05
135,200 at 6.13%$821.93
135,200 at 6.14%$822.80
135,200 at 6.15%$823.68
135,200 at 6.16%$824.55
135,200 at 6.17%$825.43
135,200 at 6.18%$826.30
135,200 at 6.19%$827.18
135,200 at 6.2%$828.06
135,200 at 6.21%$828.94
135,200 at 6.22%$829.81
135,200 at 6.23%$830.69
135,200 at 6.24%$831.57
135,200 at 6.25%$832.45
135,200 at 6.26%$833.33
135,200 at 6.27%$834.21
135,200 at 6.28%$835.09
135,200 at 6.29%$835.97
135,200 at 6.3%$836.85
135,200 at 6.31%$837.73
135,200 at 6.32%$838.61
135,200 at 6.33%$839.50
135,200 at 6.34%$840.38
135,200 at 6.35%$841.26
135,200 at 6.36%$842.15
135,200 at 6.37%$843.03
135,200 at 6.38%$843.91
135,200 at 6.39%$844.80
135,200 at 6.4%$845.68
135,200 at 6.41%$846.57
135,200 at 6.42%$847.46
135,200 at 6.43%$848.34
135,200 at 6.44%$849.23
135,200 at 6.45%$850.12
135,200 at 6.46%$851.00
135,200 at 6.47%$851.89
135,200 at 6.48%$852.78
135,200 at 6.49%$853.67
135,200 at 6.5%$854.56
Interest Rate 30 Year
135,200 at 6.51%$855.45
135,200 at 6.52%$856.34
135,200 at 6.53%$857.23
135,200 at 6.54%$858.12
135,200 at 6.55%$859.01
135,200 at 6.56%$859.90
135,200 at 6.57%$860.79
135,200 at 6.58%$861.68
135,200 at 6.59%$862.57
135,200 at 6.6%$863.47
135,200 at 6.61%$864.36
135,200 at 6.62%$865.25
135,200 at 6.63%$866.15
135,200 at 6.64%$867.04
135,200 at 6.65%$867.94
135,200 at 6.66%$868.83
135,200 at 6.67%$869.73
135,200 at 6.68%$870.62
135,200 at 6.69%$871.52
135,200 at 6.7%$872.42
135,200 at 6.71%$873.31
135,200 at 6.72%$874.21
135,200 at 6.73%$875.11
135,200 at 6.74%$876.01
135,200 at 6.75%$876.90
135,200 at 6.76%$877.80
135,200 at 6.77%$878.70
135,200 at 6.78%$879.60
135,200 at 6.79%$880.50
135,200 at 6.8%$881.40
135,200 at 6.81%$882.30
135,200 at 6.82%$883.20
135,200 at 6.83%$884.11
135,200 at 6.84%$885.01
135,200 at 6.85%$885.91
135,200 at 6.86%$886.81
135,200 at 6.87%$887.72
135,200 at 6.88%$888.62
135,200 at 6.89%$889.52
135,200 at 6.9%$890.43
135,200 at 6.91%$891.33
135,200 at 6.92%$892.24
135,200 at 6.93%$893.14
135,200 at 6.94%$894.05
135,200 at 6.95%$894.95
135,200 at 6.96%$895.86
135,200 at 6.97%$896.77
135,200 at 6.98%$897.67
135,200 at 6.99%$898.58
135,200 at 7%$899.49
135,200 at 7.01%$900.40
135,200 at 7.02%$901.31
135,200 at 7.03%$902.21
135,200 at 7.04%$903.12
135,200 at 7.05%$904.03
135,200 at 7.06%$904.94
135,200 at 7.07%$905.85
135,200 at 7.08%$906.76
135,200 at 7.09%$907.68
135,200 at 7.1%$908.59
135,200 at 7.11%$909.50
135,200 at 7.12%$910.41
135,200 at 7.13%$911.32
135,200 at 7.14%$912.24
135,200 at 7.15%$913.15
135,200 at 7.16%$914.06
135,200 at 7.17%$914.98
135,200 at 7.18%$915.89
135,200 at 7.19%$916.81
135,200 at 7.2%$917.72
135,200 at 7.21%$918.64
135,200 at 7.22%$919.55
135,200 at 7.23%$920.47
135,200 at 7.24%$921.39
135,200 at 7.25%$922.30
135,200 at 7.26%$923.22
135,200 at 7.27%$924.14
135,200 at 7.28%$925.06
135,200 at 7.29%$925.97
135,200 at 7.3%$926.89
135,200 at 7.31%$927.81
135,200 at 7.32%$928.73
135,200 at 7.33%$929.65
135,200 at 7.34%$930.57
135,200 at 7.35%$931.49
135,200 at 7.36%$932.41
135,200 at 7.37%$933.33
135,200 at 7.38%$934.25
135,200 at 7.39%$935.18
135,200 at 7.4%$936.10
135,200 at 7.41%$937.02
135,200 at 7.42%$937.94
135,200 at 7.43%$938.87
135,200 at 7.44%$939.79
135,200 at 7.45%$940.71
135,200 at 7.46%$941.64
135,200 at 7.47%$942.56
135,200 at 7.48%$943.49
135,200 at 7.49%$944.41
135,200 at 7.5%$945.34
135,200 at 7.51%$946.26
135,200 at 7.52%$947.19
135,200 at 7.53%$948.12
135,200 at 7.54%$949.04
135,200 at 7.55%$949.97
135,200 at 7.56%$950.90
135,200 at 7.57%$951.83
135,200 at 7.58%$952.76
135,200 at 7.59%$953.68
135,200 at 7.6%$954.61
135,200 at 7.61%$955.54
135,200 at 7.62%$956.47
135,200 at 7.63%$957.40
135,200 at 7.64%$958.33
135,200 at 7.65%$959.26
135,200 at 7.66%$960.19
135,200 at 7.67%$961.13
135,200 at 7.68%$962.06
135,200 at 7.69%$962.99
135,200 at 7.7%$963.92
135,200 at 7.71%$964.85
135,200 at 7.72%$965.79
135,200 at 7.73%$966.72
135,200 at 7.74%$967.66
135,200 at 7.75%$968.59
135,200 at 7.76%$969.52
135,200 at 7.77%$970.46
135,200 at 7.78%$971.39
135,200 at 7.79%$972.33
135,200 at 7.8%$973.26
135,200 at 7.81%$974.20
135,200 at 7.82%$975.14
135,200 at 7.83%$976.07
135,200 at 7.84%$977.01
135,200 at 7.85%$977.95
135,200 at 7.86%$978.89
135,200 at 7.87%$979.82
135,200 at 7.88%$980.76
135,200 at 7.89%$981.70
135,200 at 7.9%$982.64
135,200 at 7.91%$983.58
135,200 at 7.92%$984.52
135,200 at 7.93%$985.46
135,200 at 7.94%$986.40
135,200 at 7.95%$987.34
135,200 at 7.96%$988.28
135,200 at 7.97%$989.22
135,200 at 7.98%$990.17
135,200 at 7.99%$991.11
135,200 at 8%$992.05
More Amounts
What is the down payment for a $135,200 house? How much do you need to put down?
Percent Down Down Payment
1%1,352
2%2,704
3%4,056
4%5,408
5%6,760
6%8,112
7%9,464
8%10,816
9%12,168
10%13,520
11%14,872
12%16,224
13%17,576
14%18,928
15%20,280
16%21,632
17%22,984
18%24,336
19%25,688
20%27,040
Percent Down Down Payment
21%28,392
22%29,744
23%31,096
24%32,448
25%33,800
26%35,152
27%36,504
28%37,856
29%39,208
30%40,560
31%41,912
32%43,264
33%44,616
34%45,968
35%47,320
36%48,672
37%50,024
38%51,376
39%52,728
40%54,080
Percent Down Down Payment
41%55,432
42%56,784
43%58,136
44%59,488
45%60,840
46%62,192
47%63,544
48%64,896
49%66,248
50%67,600
51%68,952
52%70,304
53%71,656
54%73,008
55%74,360
56%75,712
57%77,064
58%78,416
59%79,768
60%81,120
Percent Down Down Payment
61%82,472
62%83,824
63%85,176
64%86,528
65%87,880
66%89,232
67%90,584
68%91,936
69%93,288
70%94,640
71%95,992
72%97,344
73%98,696
74%100,048
75%101,400
76%102,752
77%104,104
78%105,456
79%106,808
80%108,160
Percent Down Down Payment
81%109,512
82%110,864
83%112,216
84%113,568
85%114,920
86%116,272
87%117,624
88%118,976
89%120,328
90%121,680
91%123,032
92%124,384
93%125,736
94%127,088
95%128,440
96%129,792
97%131,144
98%132,496
99%133,848
100%135,200
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.