$23,500 Mortgage for 30 Years

What is the monthly payment of a 23,500 dollar loan?
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Loan Tables for a $23,500 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 24k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $23,500 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
23,500 at 2.01%$86.98
23,500 at 2.02%$87.10
23,500 at 2.03%$87.21
23,500 at 2.04%$87.33
23,500 at 2.05%$87.45
23,500 at 2.06%$87.57
23,500 at 2.07%$87.69
23,500 at 2.08%$87.80
23,500 at 2.09%$87.92
23,500 at 2.1%$88.04
23,500 at 2.11%$88.16
23,500 at 2.12%$88.28
23,500 at 2.13%$88.40
23,500 at 2.14%$88.52
23,500 at 2.15%$88.63
23,500 at 2.16%$88.75
23,500 at 2.17%$88.87
23,500 at 2.18%$88.99
23,500 at 2.19%$89.11
23,500 at 2.2%$89.23
23,500 at 2.21%$89.35
23,500 at 2.22%$89.47
23,500 at 2.23%$89.59
23,500 at 2.24%$89.71
23,500 at 2.25%$89.83
23,500 at 2.26%$89.95
23,500 at 2.27%$90.07
23,500 at 2.28%$90.19
23,500 at 2.29%$90.31
23,500 at 2.3%$90.43
23,500 at 2.31%$90.55
23,500 at 2.32%$90.67
23,500 at 2.33%$90.79
23,500 at 2.34%$90.91
23,500 at 2.35%$91.03
23,500 at 2.36%$91.15
23,500 at 2.37%$91.27
23,500 at 2.38%$91.39
23,500 at 2.39%$91.52
23,500 at 2.4%$91.64
23,500 at 2.41%$91.76
23,500 at 2.42%$91.88
23,500 at 2.43%$92.00
23,500 at 2.44%$92.12
23,500 at 2.45%$92.24
23,500 at 2.46%$92.37
23,500 at 2.47%$92.49
23,500 at 2.48%$92.61
23,500 at 2.49%$92.73
23,500 at 2.5%$92.85
23,500 at 2.51%$92.98
23,500 at 2.52%$93.10
23,500 at 2.53%$93.22
23,500 at 2.54%$93.34
23,500 at 2.55%$93.47
23,500 at 2.56%$93.59
23,500 at 2.57%$93.71
23,500 at 2.58%$93.83
23,500 at 2.59%$93.96
23,500 at 2.6%$94.08
23,500 at 2.61%$94.20
23,500 at 2.62%$94.33
23,500 at 2.63%$94.45
23,500 at 2.64%$94.57
23,500 at 2.65%$94.70
23,500 at 2.66%$94.82
23,500 at 2.67%$94.94
23,500 at 2.68%$95.07
23,500 at 2.69%$95.19
23,500 at 2.7%$95.32
23,500 at 2.71%$95.44
23,500 at 2.72%$95.56
23,500 at 2.73%$95.69
23,500 at 2.74%$95.81
23,500 at 2.75%$95.94
23,500 at 2.76%$96.06
23,500 at 2.77%$96.19
23,500 at 2.78%$96.31
23,500 at 2.79%$96.44
23,500 at 2.8%$96.56
23,500 at 2.81%$96.69
23,500 at 2.82%$96.81
23,500 at 2.83%$96.94
23,500 at 2.84%$97.06
23,500 at 2.85%$97.19
23,500 at 2.86%$97.31
23,500 at 2.87%$97.44
23,500 at 2.88%$97.56
23,500 at 2.89%$97.69
23,500 at 2.9%$97.81
23,500 at 2.91%$97.94
23,500 at 2.92%$98.07
23,500 at 2.93%$98.19
23,500 at 2.94%$98.32
23,500 at 2.95%$98.44
23,500 at 2.96%$98.57
23,500 at 2.97%$98.70
23,500 at 2.98%$98.82
23,500 at 2.99%$98.95
23,500 at 3%$99.08
23,500 at 3.01%$99.20
23,500 at 3.02%$99.33
23,500 at 3.03%$99.46
23,500 at 3.04%$99.58
23,500 at 3.05%$99.71
23,500 at 3.06%$99.84
23,500 at 3.07%$99.97
23,500 at 3.08%$100.09
23,500 at 3.09%$100.22
23,500 at 3.1%$100.35
23,500 at 3.11%$100.48
23,500 at 3.12%$100.60
23,500 at 3.13%$100.73
23,500 at 3.14%$100.86
23,500 at 3.15%$100.99
23,500 at 3.16%$101.12
23,500 at 3.17%$101.24
23,500 at 3.18%$101.37
23,500 at 3.19%$101.50
23,500 at 3.2%$101.63
23,500 at 3.21%$101.76
23,500 at 3.22%$101.89
23,500 at 3.23%$102.02
23,500 at 3.24%$102.14
23,500 at 3.25%$102.27
23,500 at 3.26%$102.40
23,500 at 3.27%$102.53
23,500 at 3.28%$102.66
23,500 at 3.29%$102.79
23,500 at 3.3%$102.92
23,500 at 3.31%$103.05
23,500 at 3.32%$103.18
23,500 at 3.33%$103.31
23,500 at 3.34%$103.44
23,500 at 3.35%$103.57
23,500 at 3.36%$103.70
23,500 at 3.37%$103.83
23,500 at 3.38%$103.96
23,500 at 3.39%$104.09
23,500 at 3.4%$104.22
23,500 at 3.41%$104.35
23,500 at 3.42%$104.48
23,500 at 3.43%$104.61
23,500 at 3.44%$104.74
23,500 at 3.45%$104.87
23,500 at 3.46%$105.00
23,500 at 3.47%$105.13
23,500 at 3.48%$105.26
23,500 at 3.49%$105.39
23,500 at 3.5%$105.53
Interest Rate 30 Year
23,500 at 3.51%$105.66
23,500 at 3.52%$105.79
23,500 at 3.53%$105.92
23,500 at 3.54%$106.05
23,500 at 3.55%$106.18
23,500 at 3.56%$106.31
23,500 at 3.57%$106.45
23,500 at 3.58%$106.58
23,500 at 3.59%$106.71
23,500 at 3.6%$106.84
23,500 at 3.61%$106.97
23,500 at 3.62%$107.11
23,500 at 3.63%$107.24
23,500 at 3.64%$107.37
23,500 at 3.65%$107.50
23,500 at 3.66%$107.64
23,500 at 3.67%$107.77
23,500 at 3.68%$107.90
23,500 at 3.69%$108.03
23,500 at 3.7%$108.17
23,500 at 3.71%$108.30
23,500 at 3.72%$108.43
23,500 at 3.73%$108.57
23,500 at 3.74%$108.70
23,500 at 3.75%$108.83
23,500 at 3.76%$108.97
23,500 at 3.77%$109.10
23,500 at 3.78%$109.23
23,500 at 3.79%$109.37
23,500 at 3.8%$109.50
23,500 at 3.81%$109.63
23,500 at 3.82%$109.77
23,500 at 3.83%$109.90
23,500 at 3.84%$110.04
23,500 at 3.85%$110.17
23,500 at 3.86%$110.30
23,500 at 3.87%$110.44
23,500 at 3.88%$110.57
23,500 at 3.89%$110.71
23,500 at 3.9%$110.84
23,500 at 3.91%$110.98
23,500 at 3.92%$111.11
23,500 at 3.93%$111.25
23,500 at 3.94%$111.38
23,500 at 3.95%$111.52
23,500 at 3.96%$111.65
23,500 at 3.97%$111.79
23,500 at 3.98%$111.92
23,500 at 3.99%$112.06
23,500 at 4%$112.19
23,500 at 4.01%$112.33
23,500 at 4.02%$112.46
23,500 at 4.03%$112.60
23,500 at 4.04%$112.74
23,500 at 4.05%$112.87
23,500 at 4.06%$113.01
23,500 at 4.07%$113.14
23,500 at 4.08%$113.28
23,500 at 4.09%$113.42
23,500 at 4.1%$113.55
23,500 at 4.11%$113.69
23,500 at 4.12%$113.82
23,500 at 4.13%$113.96
23,500 at 4.14%$114.10
23,500 at 4.15%$114.23
23,500 at 4.16%$114.37
23,500 at 4.17%$114.51
23,500 at 4.18%$114.64
23,500 at 4.19%$114.78
23,500 at 4.2%$114.92
23,500 at 4.21%$115.06
23,500 at 4.22%$115.19
23,500 at 4.23%$115.33
23,500 at 4.24%$115.47
23,500 at 4.25%$115.61
23,500 at 4.26%$115.74
23,500 at 4.27%$115.88
23,500 at 4.28%$116.02
23,500 at 4.29%$116.16
23,500 at 4.3%$116.29
23,500 at 4.31%$116.43
23,500 at 4.32%$116.57
23,500 at 4.33%$116.71
23,500 at 4.34%$116.85
23,500 at 4.35%$116.99
23,500 at 4.36%$117.12
23,500 at 4.37%$117.26
23,500 at 4.38%$117.40
23,500 at 4.39%$117.54
23,500 at 4.4%$117.68
23,500 at 4.41%$117.82
23,500 at 4.42%$117.96
23,500 at 4.43%$118.10
23,500 at 4.44%$118.23
23,500 at 4.45%$118.37
23,500 at 4.46%$118.51
23,500 at 4.47%$118.65
23,500 at 4.48%$118.79
23,500 at 4.49%$118.93
23,500 at 4.5%$119.07
23,500 at 4.51%$119.21
23,500 at 4.52%$119.35
23,500 at 4.53%$119.49
23,500 at 4.54%$119.63
23,500 at 4.55%$119.77
23,500 at 4.56%$119.91
23,500 at 4.57%$120.05
23,500 at 4.58%$120.19
23,500 at 4.59%$120.33
23,500 at 4.6%$120.47
23,500 at 4.61%$120.61
23,500 at 4.62%$120.75
23,500 at 4.63%$120.89
23,500 at 4.64%$121.03
23,500 at 4.65%$121.17
23,500 at 4.66%$121.32
23,500 at 4.67%$121.46
23,500 at 4.68%$121.60
23,500 at 4.69%$121.74
23,500 at 4.7%$121.88
23,500 at 4.71%$122.02
23,500 at 4.72%$122.16
23,500 at 4.73%$122.30
23,500 at 4.74%$122.45
23,500 at 4.75%$122.59
23,500 at 4.76%$122.73
23,500 at 4.77%$122.87
23,500 at 4.78%$123.01
23,500 at 4.79%$123.15
23,500 at 4.8%$123.30
23,500 at 4.81%$123.44
23,500 at 4.82%$123.58
23,500 at 4.83%$123.72
23,500 at 4.84%$123.87
23,500 at 4.85%$124.01
23,500 at 4.86%$124.15
23,500 at 4.87%$124.29
23,500 at 4.88%$124.44
23,500 at 4.89%$124.58
23,500 at 4.9%$124.72
23,500 at 4.91%$124.86
23,500 at 4.92%$125.01
23,500 at 4.93%$125.15
23,500 at 4.94%$125.29
23,500 at 4.95%$125.44
23,500 at 4.96%$125.58
23,500 at 4.97%$125.72
23,500 at 4.98%$125.87
23,500 at 4.99%$126.01
23,500 at 5%$126.15
Interest Rate 30 Year
23,500 at 5.01%$126.30
23,500 at 5.02%$126.44
23,500 at 5.03%$126.58
23,500 at 5.04%$126.73
23,500 at 5.05%$126.87
23,500 at 5.06%$127.02
23,500 at 5.07%$127.16
23,500 at 5.08%$127.30
23,500 at 5.09%$127.45
23,500 at 5.1%$127.59
23,500 at 5.11%$127.74
23,500 at 5.12%$127.88
23,500 at 5.13%$128.03
23,500 at 5.14%$128.17
23,500 at 5.15%$128.32
23,500 at 5.16%$128.46
23,500 at 5.17%$128.61
23,500 at 5.18%$128.75
23,500 at 5.19%$128.90
23,500 at 5.2%$129.04
23,500 at 5.21%$129.19
23,500 at 5.22%$129.33
23,500 at 5.23%$129.48
23,500 at 5.24%$129.62
23,500 at 5.25%$129.77
23,500 at 5.26%$129.91
23,500 at 5.27%$130.06
23,500 at 5.28%$130.20
23,500 at 5.29%$130.35
23,500 at 5.3%$130.50
23,500 at 5.31%$130.64
23,500 at 5.32%$130.79
23,500 at 5.33%$130.93
23,500 at 5.34%$131.08
23,500 at 5.35%$131.23
23,500 at 5.36%$131.37
23,500 at 5.37%$131.52
23,500 at 5.38%$131.67
23,500 at 5.39%$131.81
23,500 at 5.4%$131.96
23,500 at 5.41%$132.11
23,500 at 5.42%$132.25
23,500 at 5.43%$132.40
23,500 at 5.44%$132.55
23,500 at 5.45%$132.69
23,500 at 5.46%$132.84
23,500 at 5.47%$132.99
23,500 at 5.48%$133.14
23,500 at 5.49%$133.28
23,500 at 5.5%$133.43
23,500 at 5.51%$133.58
23,500 at 5.52%$133.73
23,500 at 5.53%$133.87
23,500 at 5.54%$134.02
23,500 at 5.55%$134.17
23,500 at 5.56%$134.32
23,500 at 5.57%$134.46
23,500 at 5.58%$134.61
23,500 at 5.59%$134.76
23,500 at 5.6%$134.91
23,500 at 5.61%$135.06
23,500 at 5.62%$135.21
23,500 at 5.63%$135.35
23,500 at 5.64%$135.50
23,500 at 5.65%$135.65
23,500 at 5.66%$135.80
23,500 at 5.67%$135.95
23,500 at 5.68%$136.10
23,500 at 5.69%$136.25
23,500 at 5.7%$136.39
23,500 at 5.71%$136.54
23,500 at 5.72%$136.69
23,500 at 5.73%$136.84
23,500 at 5.74%$136.99
23,500 at 5.75%$137.14
23,500 at 5.76%$137.29
23,500 at 5.77%$137.44
23,500 at 5.78%$137.59
23,500 at 5.79%$137.74
23,500 at 5.8%$137.89
23,500 at 5.81%$138.04
23,500 at 5.82%$138.19
23,500 at 5.83%$138.34
23,500 at 5.84%$138.49
23,500 at 5.85%$138.64
23,500 at 5.86%$138.79
23,500 at 5.87%$138.94
23,500 at 5.88%$139.09
23,500 at 5.89%$139.24
23,500 at 5.9%$139.39
23,500 at 5.91%$139.54
23,500 at 5.92%$139.69
23,500 at 5.93%$139.84
23,500 at 5.94%$139.99
23,500 at 5.95%$140.14
23,500 at 5.96%$140.29
23,500 at 5.97%$140.44
23,500 at 5.98%$140.59
23,500 at 5.99%$140.74
23,500 at 6%$140.89
23,500 at 6.01%$141.05
23,500 at 6.02%$141.20
23,500 at 6.03%$141.35
23,500 at 6.04%$141.50
23,500 at 6.05%$141.65
23,500 at 6.06%$141.80
23,500 at 6.07%$141.95
23,500 at 6.08%$142.11
23,500 at 6.09%$142.26
23,500 at 6.1%$142.41
23,500 at 6.11%$142.56
23,500 at 6.12%$142.71
23,500 at 6.13%$142.86
23,500 at 6.14%$143.02
23,500 at 6.15%$143.17
23,500 at 6.16%$143.32
23,500 at 6.17%$143.47
23,500 at 6.18%$143.63
23,500 at 6.19%$143.78
23,500 at 6.2%$143.93
23,500 at 6.21%$144.08
23,500 at 6.22%$144.24
23,500 at 6.23%$144.39
23,500 at 6.24%$144.54
23,500 at 6.25%$144.69
23,500 at 6.26%$144.85
23,500 at 6.27%$145.00
23,500 at 6.28%$145.15
23,500 at 6.29%$145.31
23,500 at 6.3%$145.46
23,500 at 6.31%$145.61
23,500 at 6.32%$145.77
23,500 at 6.33%$145.92
23,500 at 6.34%$146.07
23,500 at 6.35%$146.23
23,500 at 6.36%$146.38
23,500 at 6.37%$146.53
23,500 at 6.38%$146.69
23,500 at 6.39%$146.84
23,500 at 6.4%$146.99
23,500 at 6.41%$147.15
23,500 at 6.42%$147.30
23,500 at 6.43%$147.46
23,500 at 6.44%$147.61
23,500 at 6.45%$147.76
23,500 at 6.46%$147.92
23,500 at 6.47%$148.07
23,500 at 6.48%$148.23
23,500 at 6.49%$148.38
23,500 at 6.5%$148.54
Interest Rate 30 Year
23,500 at 6.51%$148.69
23,500 at 6.52%$148.85
23,500 at 6.53%$149.00
23,500 at 6.54%$149.15
23,500 at 6.55%$149.31
23,500 at 6.56%$149.46
23,500 at 6.57%$149.62
23,500 at 6.58%$149.77
23,500 at 6.59%$149.93
23,500 at 6.6%$150.08
23,500 at 6.61%$150.24
23,500 at 6.62%$150.40
23,500 at 6.63%$150.55
23,500 at 6.64%$150.71
23,500 at 6.65%$150.86
23,500 at 6.66%$151.02
23,500 at 6.67%$151.17
23,500 at 6.68%$151.33
23,500 at 6.69%$151.48
23,500 at 6.7%$151.64
23,500 at 6.71%$151.80
23,500 at 6.72%$151.95
23,500 at 6.73%$152.11
23,500 at 6.74%$152.26
23,500 at 6.75%$152.42
23,500 at 6.76%$152.58
23,500 at 6.77%$152.73
23,500 at 6.78%$152.89
23,500 at 6.79%$153.05
23,500 at 6.8%$153.20
23,500 at 6.81%$153.36
23,500 at 6.82%$153.52
23,500 at 6.83%$153.67
23,500 at 6.84%$153.83
23,500 at 6.85%$153.99
23,500 at 6.86%$154.14
23,500 at 6.87%$154.30
23,500 at 6.88%$154.46
23,500 at 6.89%$154.61
23,500 at 6.9%$154.77
23,500 at 6.91%$154.93
23,500 at 6.92%$155.09
23,500 at 6.93%$155.24
23,500 at 6.94%$155.40
23,500 at 6.95%$155.56
23,500 at 6.96%$155.72
23,500 at 6.97%$155.87
23,500 at 6.98%$156.03
23,500 at 6.99%$156.19
23,500 at 7%$156.35
23,500 at 7.01%$156.50
23,500 at 7.02%$156.66
23,500 at 7.03%$156.82
23,500 at 7.04%$156.98
23,500 at 7.05%$157.14
23,500 at 7.06%$157.29
23,500 at 7.07%$157.45
23,500 at 7.08%$157.61
23,500 at 7.09%$157.77
23,500 at 7.1%$157.93
23,500 at 7.11%$158.09
23,500 at 7.12%$158.24
23,500 at 7.13%$158.40
23,500 at 7.14%$158.56
23,500 at 7.15%$158.72
23,500 at 7.16%$158.88
23,500 at 7.17%$159.04
23,500 at 7.18%$159.20
23,500 at 7.19%$159.36
23,500 at 7.2%$159.52
23,500 at 7.21%$159.67
23,500 at 7.22%$159.83
23,500 at 7.23%$159.99
23,500 at 7.24%$160.15
23,500 at 7.25%$160.31
23,500 at 7.26%$160.47
23,500 at 7.27%$160.63
23,500 at 7.28%$160.79
23,500 at 7.29%$160.95
23,500 at 7.3%$161.11
23,500 at 7.31%$161.27
23,500 at 7.32%$161.43
23,500 at 7.33%$161.59
23,500 at 7.34%$161.75
23,500 at 7.35%$161.91
23,500 at 7.36%$162.07
23,500 at 7.37%$162.23
23,500 at 7.38%$162.39
23,500 at 7.39%$162.55
23,500 at 7.4%$162.71
23,500 at 7.41%$162.87
23,500 at 7.42%$163.03
23,500 at 7.43%$163.19
23,500 at 7.44%$163.35
23,500 at 7.45%$163.51
23,500 at 7.46%$163.67
23,500 at 7.47%$163.83
23,500 at 7.48%$163.99
23,500 at 7.49%$164.15
23,500 at 7.5%$164.32
23,500 at 7.51%$164.48
23,500 at 7.52%$164.64
23,500 at 7.53%$164.80
23,500 at 7.54%$164.96
23,500 at 7.55%$165.12
23,500 at 7.56%$165.28
23,500 at 7.57%$165.44
23,500 at 7.58%$165.60
23,500 at 7.59%$165.77
23,500 at 7.6%$165.93
23,500 at 7.61%$166.09
23,500 at 7.62%$166.25
23,500 at 7.63%$166.41
23,500 at 7.64%$166.57
23,500 at 7.65%$166.74
23,500 at 7.66%$166.90
23,500 at 7.67%$167.06
23,500 at 7.68%$167.22
23,500 at 7.69%$167.38
23,500 at 7.7%$167.55
23,500 at 7.71%$167.71
23,500 at 7.72%$167.87
23,500 at 7.73%$168.03
23,500 at 7.74%$168.19
23,500 at 7.75%$168.36
23,500 at 7.76%$168.52
23,500 at 7.77%$168.68
23,500 at 7.78%$168.84
23,500 at 7.79%$169.01
23,500 at 7.8%$169.17
23,500 at 7.81%$169.33
23,500 at 7.82%$169.50
23,500 at 7.83%$169.66
23,500 at 7.84%$169.82
23,500 at 7.85%$169.98
23,500 at 7.86%$170.15
23,500 at 7.87%$170.31
23,500 at 7.88%$170.47
23,500 at 7.89%$170.64
23,500 at 7.9%$170.80
23,500 at 7.91%$170.96
23,500 at 7.92%$171.13
23,500 at 7.93%$171.29
23,500 at 7.94%$171.45
23,500 at 7.95%$171.62
23,500 at 7.96%$171.78
23,500 at 7.97%$171.94
23,500 at 7.98%$172.11
23,500 at 7.99%$172.27
23,500 at 8%$172.43
More Amounts
What is the down payment for a $23,500 house? How much do you need to put down?
Percent Down Down Payment
1%235
2%470
3%705
4%940
5%1,175
6%1,410
7%1,645
8%1,880
9%2,115
10%2,350
11%2,585
12%2,820
13%3,055
14%3,290
15%3,525
16%3,760
17%3,995
18%4,230
19%4,465
20%4,700
Percent Down Down Payment
21%4,935
22%5,170
23%5,405
24%5,640
25%5,875
26%6,110
27%6,345
28%6,580
29%6,815
30%7,050
31%7,285
32%7,520
33%7,755
34%7,990
35%8,225
36%8,460
37%8,695
38%8,930
39%9,165
40%9,400
Percent Down Down Payment
41%9,635
42%9,870
43%10,105
44%10,340
45%10,575
46%10,810
47%11,045
48%11,280
49%11,515
50%11,750
51%11,985
52%12,220
53%12,455
54%12,690
55%12,925
56%13,160
57%13,395
58%13,630
59%13,865
60%14,100
Percent Down Down Payment
61%14,335
62%14,570
63%14,805
64%15,040
65%15,275
66%15,510
67%15,745
68%15,980
69%16,215
70%16,450
71%16,685
72%16,920
73%17,155
74%17,390
75%17,625
76%17,860
77%18,095
78%18,330
79%18,565
80%18,800
Percent Down Down Payment
81%19,035
82%19,270
83%19,505
84%19,740
85%19,975
86%20,210
87%20,445
88%20,680
89%20,915
90%21,150
91%21,385
92%21,620
93%21,855
94%22,090
95%22,325
96%22,560
97%22,795
98%23,030
99%23,265
100%23,500
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.