$136,000 Mortgage for 30 Years

What is the monthly payment of a 136,000 dollar loan?
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Loan Tables for a $136,000 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 136k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $136,000 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
136,000 at 2.01%$503.36
136,000 at 2.02%$504.04
136,000 at 2.03%$504.73
136,000 at 2.04%$505.41
136,000 at 2.05%$506.09
136,000 at 2.06%$506.77
136,000 at 2.07%$507.46
136,000 at 2.08%$508.14
136,000 at 2.09%$508.83
136,000 at 2.1%$509.51
136,000 at 2.11%$510.20
136,000 at 2.12%$510.88
136,000 at 2.13%$511.57
136,000 at 2.14%$512.26
136,000 at 2.15%$512.95
136,000 at 2.16%$513.63
136,000 at 2.17%$514.32
136,000 at 2.18%$515.01
136,000 at 2.19%$515.70
136,000 at 2.2%$516.39
136,000 at 2.21%$517.08
136,000 at 2.22%$517.78
136,000 at 2.23%$518.47
136,000 at 2.24%$519.16
136,000 at 2.25%$519.85
136,000 at 2.26%$520.55
136,000 at 2.27%$521.24
136,000 at 2.28%$521.94
136,000 at 2.29%$522.63
136,000 at 2.3%$523.33
136,000 at 2.31%$524.03
136,000 at 2.32%$524.72
136,000 at 2.33%$525.42
136,000 at 2.34%$526.12
136,000 at 2.35%$526.82
136,000 at 2.36%$527.52
136,000 at 2.37%$528.22
136,000 at 2.38%$528.92
136,000 at 2.39%$529.62
136,000 at 2.4%$530.32
136,000 at 2.41%$531.02
136,000 at 2.42%$531.72
136,000 at 2.43%$532.43
136,000 at 2.44%$533.13
136,000 at 2.45%$533.84
136,000 at 2.46%$534.54
136,000 at 2.47%$535.25
136,000 at 2.48%$535.95
136,000 at 2.49%$536.66
136,000 at 2.5%$537.36
136,000 at 2.51%$538.07
136,000 at 2.52%$538.78
136,000 at 2.53%$539.49
136,000 at 2.54%$540.20
136,000 at 2.55%$540.91
136,000 at 2.56%$541.62
136,000 at 2.57%$542.33
136,000 at 2.58%$543.04
136,000 at 2.59%$543.75
136,000 at 2.6%$544.46
136,000 at 2.61%$545.17
136,000 at 2.62%$545.89
136,000 at 2.63%$546.60
136,000 at 2.64%$547.32
136,000 at 2.65%$548.03
136,000 at 2.66%$548.75
136,000 at 2.67%$549.46
136,000 at 2.68%$550.18
136,000 at 2.69%$550.90
136,000 at 2.7%$551.61
136,000 at 2.71%$552.33
136,000 at 2.72%$553.05
136,000 at 2.73%$553.77
136,000 at 2.74%$554.49
136,000 at 2.75%$555.21
136,000 at 2.76%$555.93
136,000 at 2.77%$556.65
136,000 at 2.78%$557.37
136,000 at 2.79%$558.09
136,000 at 2.8%$558.82
136,000 at 2.81%$559.54
136,000 at 2.82%$560.26
136,000 at 2.83%$560.99
136,000 at 2.84%$561.71
136,000 at 2.85%$562.44
136,000 at 2.86%$563.16
136,000 at 2.87%$563.89
136,000 at 2.88%$564.62
136,000 at 2.89%$565.34
136,000 at 2.9%$566.07
136,000 at 2.91%$566.80
136,000 at 2.92%$567.53
136,000 at 2.93%$568.26
136,000 at 2.94%$568.99
136,000 at 2.95%$569.72
136,000 at 2.96%$570.45
136,000 at 2.97%$571.18
136,000 at 2.98%$571.92
136,000 at 2.99%$572.65
136,000 at 3%$573.38
136,000 at 3.01%$574.12
136,000 at 3.02%$574.85
136,000 at 3.03%$575.58
136,000 at 3.04%$576.32
136,000 at 3.05%$577.06
136,000 at 3.06%$577.79
136,000 at 3.07%$578.53
136,000 at 3.08%$579.27
136,000 at 3.09%$580.00
136,000 at 3.1%$580.74
136,000 at 3.11%$581.48
136,000 at 3.12%$582.22
136,000 at 3.13%$582.96
136,000 at 3.14%$583.70
136,000 at 3.15%$584.44
136,000 at 3.16%$585.18
136,000 at 3.17%$585.93
136,000 at 3.18%$586.67
136,000 at 3.19%$587.41
136,000 at 3.2%$588.15
136,000 at 3.21%$588.90
136,000 at 3.22%$589.64
136,000 at 3.23%$590.39
136,000 at 3.24%$591.13
136,000 at 3.25%$591.88
136,000 at 3.26%$592.63
136,000 at 3.27%$593.37
136,000 at 3.28%$594.12
136,000 at 3.29%$594.87
136,000 at 3.3%$595.62
136,000 at 3.31%$596.37
136,000 at 3.32%$597.12
136,000 at 3.33%$597.87
136,000 at 3.34%$598.62
136,000 at 3.35%$599.37
136,000 at 3.36%$600.12
136,000 at 3.37%$600.87
136,000 at 3.38%$601.63
136,000 at 3.39%$602.38
136,000 at 3.4%$603.13
136,000 at 3.41%$603.89
136,000 at 3.42%$604.64
136,000 at 3.43%$605.40
136,000 at 3.44%$606.15
136,000 at 3.45%$606.91
136,000 at 3.46%$607.67
136,000 at 3.47%$608.43
136,000 at 3.48%$609.18
136,000 at 3.49%$609.94
136,000 at 3.5%$610.70
Interest Rate 30 Year
136,000 at 3.51%$611.46
136,000 at 3.52%$612.22
136,000 at 3.53%$612.98
136,000 at 3.54%$613.74
136,000 at 3.55%$614.50
136,000 at 3.56%$615.26
136,000 at 3.57%$616.03
136,000 at 3.58%$616.79
136,000 at 3.59%$617.55
136,000 at 3.6%$618.32
136,000 at 3.61%$619.08
136,000 at 3.62%$619.85
136,000 at 3.63%$620.61
136,000 at 3.64%$621.38
136,000 at 3.65%$622.15
136,000 at 3.66%$622.91
136,000 at 3.67%$623.68
136,000 at 3.68%$624.45
136,000 at 3.69%$625.22
136,000 at 3.7%$625.98
136,000 at 3.71%$626.75
136,000 at 3.72%$627.52
136,000 at 3.73%$628.29
136,000 at 3.74%$629.07
136,000 at 3.75%$629.84
136,000 at 3.76%$630.61
136,000 at 3.77%$631.38
136,000 at 3.78%$632.15
136,000 at 3.79%$632.93
136,000 at 3.8%$633.70
136,000 at 3.81%$634.48
136,000 at 3.82%$635.25
136,000 at 3.83%$636.03
136,000 at 3.84%$636.80
136,000 at 3.85%$637.58
136,000 at 3.86%$638.36
136,000 at 3.87%$639.13
136,000 at 3.88%$639.91
136,000 at 3.89%$640.69
136,000 at 3.9%$641.47
136,000 at 3.91%$642.25
136,000 at 3.92%$643.03
136,000 at 3.93%$643.81
136,000 at 3.94%$644.59
136,000 at 3.95%$645.37
136,000 at 3.96%$646.15
136,000 at 3.97%$646.93
136,000 at 3.98%$647.72
136,000 at 3.99%$648.50
136,000 at 4%$649.28
136,000 at 4.01%$650.07
136,000 at 4.02%$650.85
136,000 at 4.03%$651.64
136,000 at 4.04%$652.42
136,000 at 4.05%$653.21
136,000 at 4.06%$654.00
136,000 at 4.07%$654.79
136,000 at 4.08%$655.57
136,000 at 4.09%$656.36
136,000 at 4.1%$657.15
136,000 at 4.11%$657.94
136,000 at 4.12%$658.73
136,000 at 4.13%$659.52
136,000 at 4.14%$660.31
136,000 at 4.15%$661.10
136,000 at 4.16%$661.89
136,000 at 4.17%$662.68
136,000 at 4.18%$663.48
136,000 at 4.19%$664.27
136,000 at 4.2%$665.06
136,000 at 4.21%$665.86
136,000 at 4.22%$666.65
136,000 at 4.23%$667.45
136,000 at 4.24%$668.24
136,000 at 4.25%$669.04
136,000 at 4.26%$669.83
136,000 at 4.27%$670.63
136,000 at 4.28%$671.43
136,000 at 4.29%$672.23
136,000 at 4.3%$673.03
136,000 at 4.31%$673.82
136,000 at 4.32%$674.62
136,000 at 4.33%$675.42
136,000 at 4.34%$676.22
136,000 at 4.35%$677.02
136,000 at 4.36%$677.83
136,000 at 4.37%$678.63
136,000 at 4.38%$679.43
136,000 at 4.39%$680.23
136,000 at 4.4%$681.03
136,000 at 4.41%$681.84
136,000 at 4.42%$682.64
136,000 at 4.43%$683.45
136,000 at 4.44%$684.25
136,000 at 4.45%$685.06
136,000 at 4.46%$685.86
136,000 at 4.47%$686.67
136,000 at 4.48%$687.48
136,000 at 4.49%$688.28
136,000 at 4.5%$689.09
136,000 at 4.51%$689.90
136,000 at 4.52%$690.71
136,000 at 4.53%$691.52
136,000 at 4.54%$692.33
136,000 at 4.55%$693.14
136,000 at 4.56%$693.95
136,000 at 4.57%$694.76
136,000 at 4.58%$695.57
136,000 at 4.59%$696.38
136,000 at 4.6%$697.20
136,000 at 4.61%$698.01
136,000 at 4.62%$698.82
136,000 at 4.63%$699.64
136,000 at 4.64%$700.45
136,000 at 4.65%$701.27
136,000 at 4.66%$702.08
136,000 at 4.67%$702.90
136,000 at 4.68%$703.71
136,000 at 4.69%$704.53
136,000 at 4.7%$705.35
136,000 at 4.71%$706.17
136,000 at 4.72%$706.98
136,000 at 4.73%$707.80
136,000 at 4.74%$708.62
136,000 at 4.75%$709.44
136,000 at 4.76%$710.26
136,000 at 4.77%$711.08
136,000 at 4.78%$711.90
136,000 at 4.79%$712.72
136,000 at 4.8%$713.54
136,000 at 4.81%$714.37
136,000 at 4.82%$715.19
136,000 at 4.83%$716.01
136,000 at 4.84%$716.84
136,000 at 4.85%$717.66
136,000 at 4.86%$718.49
136,000 at 4.87%$719.31
136,000 at 4.88%$720.14
136,000 at 4.89%$720.96
136,000 at 4.9%$721.79
136,000 at 4.91%$722.62
136,000 at 4.92%$723.44
136,000 at 4.93%$724.27
136,000 at 4.94%$725.10
136,000 at 4.95%$725.93
136,000 at 4.96%$726.76
136,000 at 4.97%$727.59
136,000 at 4.98%$728.42
136,000 at 4.99%$729.25
136,000 at 5%$730.08
Interest Rate 30 Year
136,000 at 5.01%$730.91
136,000 at 5.02%$731.74
136,000 at 5.03%$732.57
136,000 at 5.04%$733.41
136,000 at 5.05%$734.24
136,000 at 5.06%$735.07
136,000 at 5.07%$735.91
136,000 at 5.08%$736.74
136,000 at 5.09%$737.58
136,000 at 5.1%$738.41
136,000 at 5.11%$739.25
136,000 at 5.12%$740.08
136,000 at 5.13%$740.92
136,000 at 5.14%$741.76
136,000 at 5.15%$742.60
136,000 at 5.16%$743.43
136,000 at 5.17%$744.27
136,000 at 5.18%$745.11
136,000 at 5.19%$745.95
136,000 at 5.2%$746.79
136,000 at 5.21%$747.63
136,000 at 5.22%$748.47
136,000 at 5.23%$749.31
136,000 at 5.24%$750.15
136,000 at 5.25%$751.00
136,000 at 5.26%$751.84
136,000 at 5.27%$752.68
136,000 at 5.28%$753.53
136,000 at 5.29%$754.37
136,000 at 5.3%$755.21
136,000 at 5.31%$756.06
136,000 at 5.32%$756.90
136,000 at 5.33%$757.75
136,000 at 5.34%$758.60
136,000 at 5.35%$759.44
136,000 at 5.36%$760.29
136,000 at 5.37%$761.14
136,000 at 5.38%$761.98
136,000 at 5.39%$762.83
136,000 at 5.4%$763.68
136,000 at 5.41%$764.53
136,000 at 5.42%$765.38
136,000 at 5.43%$766.23
136,000 at 5.44%$767.08
136,000 at 5.45%$767.93
136,000 at 5.46%$768.78
136,000 at 5.47%$769.64
136,000 at 5.48%$770.49
136,000 at 5.49%$771.34
136,000 at 5.5%$772.19
136,000 at 5.51%$773.05
136,000 at 5.52%$773.90
136,000 at 5.53%$774.75
136,000 at 5.54%$775.61
136,000 at 5.55%$776.46
136,000 at 5.56%$777.32
136,000 at 5.57%$778.18
136,000 at 5.58%$779.03
136,000 at 5.59%$779.89
136,000 at 5.6%$780.75
136,000 at 5.61%$781.61
136,000 at 5.62%$782.46
136,000 at 5.63%$783.32
136,000 at 5.64%$784.18
136,000 at 5.65%$785.04
136,000 at 5.66%$785.90
136,000 at 5.67%$786.76
136,000 at 5.68%$787.62
136,000 at 5.69%$788.48
136,000 at 5.7%$789.34
136,000 at 5.71%$790.21
136,000 at 5.72%$791.07
136,000 at 5.73%$791.93
136,000 at 5.74%$792.80
136,000 at 5.75%$793.66
136,000 at 5.76%$794.52
136,000 at 5.77%$795.39
136,000 at 5.78%$796.25
136,000 at 5.79%$797.12
136,000 at 5.8%$797.98
136,000 at 5.81%$798.85
136,000 at 5.82%$799.72
136,000 at 5.83%$800.58
136,000 at 5.84%$801.45
136,000 at 5.85%$802.32
136,000 at 5.86%$803.19
136,000 at 5.87%$804.06
136,000 at 5.88%$804.93
136,000 at 5.89%$805.80
136,000 at 5.9%$806.67
136,000 at 5.91%$807.54
136,000 at 5.92%$808.41
136,000 at 5.93%$809.28
136,000 at 5.94%$810.15
136,000 at 5.95%$811.02
136,000 at 5.96%$811.89
136,000 at 5.97%$812.77
136,000 at 5.98%$813.64
136,000 at 5.99%$814.51
136,000 at 6%$815.39
136,000 at 6.01%$816.26
136,000 at 6.02%$817.14
136,000 at 6.03%$818.01
136,000 at 6.04%$818.89
136,000 at 6.05%$819.77
136,000 at 6.06%$820.64
136,000 at 6.07%$821.52
136,000 at 6.08%$822.40
136,000 at 6.09%$823.27
136,000 at 6.1%$824.15
136,000 at 6.11%$825.03
136,000 at 6.12%$825.91
136,000 at 6.13%$826.79
136,000 at 6.14%$827.67
136,000 at 6.15%$828.55
136,000 at 6.16%$829.43
136,000 at 6.17%$830.31
136,000 at 6.18%$831.19
136,000 at 6.19%$832.08
136,000 at 6.2%$832.96
136,000 at 6.21%$833.84
136,000 at 6.22%$834.72
136,000 at 6.23%$835.61
136,000 at 6.24%$836.49
136,000 at 6.25%$837.38
136,000 at 6.26%$838.26
136,000 at 6.27%$839.15
136,000 at 6.28%$840.03
136,000 at 6.29%$840.92
136,000 at 6.3%$841.80
136,000 at 6.31%$842.69
136,000 at 6.32%$843.58
136,000 at 6.33%$844.46
136,000 at 6.34%$845.35
136,000 at 6.35%$846.24
136,000 at 6.36%$847.13
136,000 at 6.37%$848.02
136,000 at 6.38%$848.91
136,000 at 6.39%$849.80
136,000 at 6.4%$850.69
136,000 at 6.41%$851.58
136,000 at 6.42%$852.47
136,000 at 6.43%$853.36
136,000 at 6.44%$854.25
136,000 at 6.45%$855.15
136,000 at 6.46%$856.04
136,000 at 6.47%$856.93
136,000 at 6.48%$857.82
136,000 at 6.49%$858.72
136,000 at 6.5%$859.61
Interest Rate 30 Year
136,000 at 6.51%$860.51
136,000 at 6.52%$861.40
136,000 at 6.53%$862.30
136,000 at 6.54%$863.19
136,000 at 6.55%$864.09
136,000 at 6.56%$864.99
136,000 at 6.57%$865.88
136,000 at 6.58%$866.78
136,000 at 6.59%$867.68
136,000 at 6.6%$868.58
136,000 at 6.61%$869.47
136,000 at 6.62%$870.37
136,000 at 6.63%$871.27
136,000 at 6.64%$872.17
136,000 at 6.65%$873.07
136,000 at 6.66%$873.97
136,000 at 6.67%$874.87
136,000 at 6.68%$875.77
136,000 at 6.69%$876.68
136,000 at 6.7%$877.58
136,000 at 6.71%$878.48
136,000 at 6.72%$879.38
136,000 at 6.73%$880.29
136,000 at 6.74%$881.19
136,000 at 6.75%$882.09
136,000 at 6.76%$883.00
136,000 at 6.77%$883.90
136,000 at 6.78%$884.81
136,000 at 6.79%$885.71
136,000 at 6.8%$886.62
136,000 at 6.81%$887.52
136,000 at 6.82%$888.43
136,000 at 6.83%$889.34
136,000 at 6.84%$890.24
136,000 at 6.85%$891.15
136,000 at 6.86%$892.06
136,000 at 6.87%$892.97
136,000 at 6.88%$893.88
136,000 at 6.89%$894.79
136,000 at 6.9%$895.70
136,000 at 6.91%$896.61
136,000 at 6.92%$897.52
136,000 at 6.93%$898.43
136,000 at 6.94%$899.34
136,000 at 6.95%$900.25
136,000 at 6.96%$901.16
136,000 at 6.97%$902.07
136,000 at 6.98%$902.99
136,000 at 6.99%$903.90
136,000 at 7%$904.81
136,000 at 7.01%$905.72
136,000 at 7.02%$906.64
136,000 at 7.03%$907.55
136,000 at 7.04%$908.47
136,000 at 7.05%$909.38
136,000 at 7.06%$910.30
136,000 at 7.07%$911.21
136,000 at 7.08%$912.13
136,000 at 7.09%$913.05
136,000 at 7.1%$913.96
136,000 at 7.11%$914.88
136,000 at 7.12%$915.80
136,000 at 7.13%$916.72
136,000 at 7.14%$917.63
136,000 at 7.15%$918.55
136,000 at 7.16%$919.47
136,000 at 7.17%$920.39
136,000 at 7.18%$921.31
136,000 at 7.19%$922.23
136,000 at 7.2%$923.15
136,000 at 7.21%$924.07
136,000 at 7.22%$924.99
136,000 at 7.23%$925.92
136,000 at 7.24%$926.84
136,000 at 7.25%$927.76
136,000 at 7.26%$928.68
136,000 at 7.27%$929.61
136,000 at 7.28%$930.53
136,000 at 7.29%$931.45
136,000 at 7.3%$932.38
136,000 at 7.31%$933.30
136,000 at 7.32%$934.23
136,000 at 7.33%$935.15
136,000 at 7.34%$936.08
136,000 at 7.35%$937.00
136,000 at 7.36%$937.93
136,000 at 7.37%$938.85
136,000 at 7.38%$939.78
136,000 at 7.39%$940.71
136,000 at 7.4%$941.64
136,000 at 7.41%$942.56
136,000 at 7.42%$943.49
136,000 at 7.43%$944.42
136,000 at 7.44%$945.35
136,000 at 7.45%$946.28
136,000 at 7.46%$947.21
136,000 at 7.47%$948.14
136,000 at 7.48%$949.07
136,000 at 7.49%$950.00
136,000 at 7.5%$950.93
136,000 at 7.51%$951.86
136,000 at 7.52%$952.79
136,000 at 7.53%$953.73
136,000 at 7.54%$954.66
136,000 at 7.55%$955.59
136,000 at 7.56%$956.53
136,000 at 7.57%$957.46
136,000 at 7.58%$958.39
136,000 at 7.59%$959.33
136,000 at 7.6%$960.26
136,000 at 7.61%$961.20
136,000 at 7.62%$962.13
136,000 at 7.63%$963.07
136,000 at 7.64%$964.00
136,000 at 7.65%$964.94
136,000 at 7.66%$965.88
136,000 at 7.67%$966.81
136,000 at 7.68%$967.75
136,000 at 7.69%$968.69
136,000 at 7.7%$969.63
136,000 at 7.71%$970.56
136,000 at 7.72%$971.50
136,000 at 7.73%$972.44
136,000 at 7.74%$973.38
136,000 at 7.75%$974.32
136,000 at 7.76%$975.26
136,000 at 7.77%$976.20
136,000 at 7.78%$977.14
136,000 at 7.79%$978.08
136,000 at 7.8%$979.02
136,000 at 7.81%$979.97
136,000 at 7.82%$980.91
136,000 at 7.83%$981.85
136,000 at 7.84%$982.79
136,000 at 7.85%$983.74
136,000 at 7.86%$984.68
136,000 at 7.87%$985.62
136,000 at 7.88%$986.57
136,000 at 7.89%$987.51
136,000 at 7.9%$988.46
136,000 at 7.91%$989.40
136,000 at 7.92%$990.35
136,000 at 7.93%$991.29
136,000 at 7.94%$992.24
136,000 at 7.95%$993.18
136,000 at 7.96%$994.13
136,000 at 7.97%$995.08
136,000 at 7.98%$996.02
136,000 at 7.99%$996.97
136,000 at 8%$997.92
More Amounts
What is the down payment for a $136,000 house? How much do you need to put down?
Percent Down Down Payment
1%1,360
2%2,720
3%4,080
4%5,440
5%6,800
6%8,160
7%9,520
8%10,880
9%12,240
10%13,600
11%14,960
12%16,320
13%17,680
14%19,040
15%20,400
16%21,760
17%23,120
18%24,480
19%25,840
20%27,200
Percent Down Down Payment
21%28,560
22%29,920
23%31,280
24%32,640
25%34,000
26%35,360
27%36,720
28%38,080
29%39,440
30%40,800
31%42,160
32%43,520
33%44,880
34%46,240
35%47,600
36%48,960
37%50,320
38%51,680
39%53,040
40%54,400
Percent Down Down Payment
41%55,760
42%57,120
43%58,480
44%59,840
45%61,200
46%62,560
47%63,920
48%65,280
49%66,640
50%68,000
51%69,360
52%70,720
53%72,080
54%73,440
55%74,800
56%76,160
57%77,520
58%78,880
59%80,240
60%81,600
Percent Down Down Payment
61%82,960
62%84,320
63%85,680
64%87,040
65%88,400
66%89,760
67%91,120
68%92,480
69%93,840
70%95,200
71%96,560
72%97,920
73%99,280
74%100,640
75%102,000
76%103,360
77%104,720
78%106,080
79%107,440
80%108,800
Percent Down Down Payment
81%110,160
82%111,520
83%112,880
84%114,240
85%115,600
86%116,960
87%118,320
88%119,680
89%121,040
90%122,400
91%123,760
92%125,120
93%126,480
94%127,840
95%129,200
96%130,560
97%131,920
98%133,280
99%134,640
100%136,000
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.