$24,850 Mortgage for 30 Years

What is the monthly payment of a 24,850 dollar loan?
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Loan Tables for a $24,850 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 25k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $24,850 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
24,850 at 2.01%$91.97
24,850 at 2.02%$92.10
24,850 at 2.03%$92.22
24,850 at 2.04%$92.35
24,850 at 2.05%$92.47
24,850 at 2.06%$92.60
24,850 at 2.07%$92.72
24,850 at 2.08%$92.85
24,850 at 2.09%$92.97
24,850 at 2.1%$93.10
24,850 at 2.11%$93.22
24,850 at 2.12%$93.35
24,850 at 2.13%$93.47
24,850 at 2.14%$93.60
24,850 at 2.15%$93.73
24,850 at 2.16%$93.85
24,850 at 2.17%$93.98
24,850 at 2.18%$94.10
24,850 at 2.19%$94.23
24,850 at 2.2%$94.36
24,850 at 2.21%$94.48
24,850 at 2.22%$94.61
24,850 at 2.23%$94.73
24,850 at 2.24%$94.86
24,850 at 2.25%$94.99
24,850 at 2.26%$95.11
24,850 at 2.27%$95.24
24,850 at 2.28%$95.37
24,850 at 2.29%$95.50
24,850 at 2.3%$95.62
24,850 at 2.31%$95.75
24,850 at 2.32%$95.88
24,850 at 2.33%$96.01
24,850 at 2.34%$96.13
24,850 at 2.35%$96.26
24,850 at 2.36%$96.39
24,850 at 2.37%$96.52
24,850 at 2.38%$96.64
24,850 at 2.39%$96.77
24,850 at 2.4%$96.90
24,850 at 2.41%$97.03
24,850 at 2.42%$97.16
24,850 at 2.43%$97.29
24,850 at 2.44%$97.41
24,850 at 2.45%$97.54
24,850 at 2.46%$97.67
24,850 at 2.47%$97.80
24,850 at 2.48%$97.93
24,850 at 2.49%$98.06
24,850 at 2.5%$98.19
24,850 at 2.51%$98.32
24,850 at 2.52%$98.45
24,850 at 2.53%$98.58
24,850 at 2.54%$98.71
24,850 at 2.55%$98.83
24,850 at 2.56%$98.96
24,850 at 2.57%$99.09
24,850 at 2.58%$99.22
24,850 at 2.59%$99.35
24,850 at 2.6%$99.48
24,850 at 2.61%$99.61
24,850 at 2.62%$99.74
24,850 at 2.63%$99.88
24,850 at 2.64%$100.01
24,850 at 2.65%$100.14
24,850 at 2.66%$100.27
24,850 at 2.67%$100.40
24,850 at 2.68%$100.53
24,850 at 2.69%$100.66
24,850 at 2.7%$100.79
24,850 at 2.71%$100.92
24,850 at 2.72%$101.05
24,850 at 2.73%$101.18
24,850 at 2.74%$101.32
24,850 at 2.75%$101.45
24,850 at 2.76%$101.58
24,850 at 2.77%$101.71
24,850 at 2.78%$101.84
24,850 at 2.79%$101.98
24,850 at 2.8%$102.11
24,850 at 2.81%$102.24
24,850 at 2.82%$102.37
24,850 at 2.83%$102.50
24,850 at 2.84%$102.64
24,850 at 2.85%$102.77
24,850 at 2.86%$102.90
24,850 at 2.87%$103.03
24,850 at 2.88%$103.17
24,850 at 2.89%$103.30
24,850 at 2.9%$103.43
24,850 at 2.91%$103.57
24,850 at 2.92%$103.70
24,850 at 2.93%$103.83
24,850 at 2.94%$103.97
24,850 at 2.95%$104.10
24,850 at 2.96%$104.23
24,850 at 2.97%$104.37
24,850 at 2.98%$104.50
24,850 at 2.99%$104.63
24,850 at 3%$104.77
24,850 at 3.01%$104.90
24,850 at 3.02%$105.04
24,850 at 3.03%$105.17
24,850 at 3.04%$105.31
24,850 at 3.05%$105.44
24,850 at 3.06%$105.57
24,850 at 3.07%$105.71
24,850 at 3.08%$105.84
24,850 at 3.09%$105.98
24,850 at 3.1%$106.11
24,850 at 3.11%$106.25
24,850 at 3.12%$106.38
24,850 at 3.13%$106.52
24,850 at 3.14%$106.65
24,850 at 3.15%$106.79
24,850 at 3.16%$106.93
24,850 at 3.17%$107.06
24,850 at 3.18%$107.20
24,850 at 3.19%$107.33
24,850 at 3.2%$107.47
24,850 at 3.21%$107.60
24,850 at 3.22%$107.74
24,850 at 3.23%$107.88
24,850 at 3.24%$108.01
24,850 at 3.25%$108.15
24,850 at 3.26%$108.29
24,850 at 3.27%$108.42
24,850 at 3.28%$108.56
24,850 at 3.29%$108.70
24,850 at 3.3%$108.83
24,850 at 3.31%$108.97
24,850 at 3.32%$109.11
24,850 at 3.33%$109.24
24,850 at 3.34%$109.38
24,850 at 3.35%$109.52
24,850 at 3.36%$109.65
24,850 at 3.37%$109.79
24,850 at 3.38%$109.93
24,850 at 3.39%$110.07
24,850 at 3.4%$110.21
24,850 at 3.41%$110.34
24,850 at 3.42%$110.48
24,850 at 3.43%$110.62
24,850 at 3.44%$110.76
24,850 at 3.45%$110.90
24,850 at 3.46%$111.03
24,850 at 3.47%$111.17
24,850 at 3.48%$111.31
24,850 at 3.49%$111.45
24,850 at 3.5%$111.59
Interest Rate 30 Year
24,850 at 3.51%$111.73
24,850 at 3.52%$111.87
24,850 at 3.53%$112.00
24,850 at 3.54%$112.14
24,850 at 3.55%$112.28
24,850 at 3.56%$112.42
24,850 at 3.57%$112.56
24,850 at 3.58%$112.70
24,850 at 3.59%$112.84
24,850 at 3.6%$112.98
24,850 at 3.61%$113.12
24,850 at 3.62%$113.26
24,850 at 3.63%$113.40
24,850 at 3.64%$113.54
24,850 at 3.65%$113.68
24,850 at 3.66%$113.82
24,850 at 3.67%$113.96
24,850 at 3.68%$114.10
24,850 at 3.69%$114.24
24,850 at 3.7%$114.38
24,850 at 3.71%$114.52
24,850 at 3.72%$114.66
24,850 at 3.73%$114.80
24,850 at 3.74%$114.94
24,850 at 3.75%$115.08
24,850 at 3.76%$115.23
24,850 at 3.77%$115.37
24,850 at 3.78%$115.51
24,850 at 3.79%$115.65
24,850 at 3.8%$115.79
24,850 at 3.81%$115.93
24,850 at 3.82%$116.07
24,850 at 3.83%$116.22
24,850 at 3.84%$116.36
24,850 at 3.85%$116.50
24,850 at 3.86%$116.64
24,850 at 3.87%$116.78
24,850 at 3.88%$116.92
24,850 at 3.89%$117.07
24,850 at 3.9%$117.21
24,850 at 3.91%$117.35
24,850 at 3.92%$117.49
24,850 at 3.93%$117.64
24,850 at 3.94%$117.78
24,850 at 3.95%$117.92
24,850 at 3.96%$118.07
24,850 at 3.97%$118.21
24,850 at 3.98%$118.35
24,850 at 3.99%$118.49
24,850 at 4%$118.64
24,850 at 4.01%$118.78
24,850 at 4.02%$118.92
24,850 at 4.03%$119.07
24,850 at 4.04%$119.21
24,850 at 4.05%$119.36
24,850 at 4.06%$119.50
24,850 at 4.07%$119.64
24,850 at 4.08%$119.79
24,850 at 4.09%$119.93
24,850 at 4.1%$120.07
24,850 at 4.11%$120.22
24,850 at 4.12%$120.36
24,850 at 4.13%$120.51
24,850 at 4.14%$120.65
24,850 at 4.15%$120.80
24,850 at 4.16%$120.94
24,850 at 4.17%$121.09
24,850 at 4.18%$121.23
24,850 at 4.19%$121.38
24,850 at 4.2%$121.52
24,850 at 4.21%$121.67
24,850 at 4.22%$121.81
24,850 at 4.23%$121.96
24,850 at 4.24%$122.10
24,850 at 4.25%$122.25
24,850 at 4.26%$122.39
24,850 at 4.27%$122.54
24,850 at 4.28%$122.68
24,850 at 4.29%$122.83
24,850 at 4.3%$122.98
24,850 at 4.31%$123.12
24,850 at 4.32%$123.27
24,850 at 4.33%$123.41
24,850 at 4.34%$123.56
24,850 at 4.35%$123.71
24,850 at 4.36%$123.85
24,850 at 4.37%$124.00
24,850 at 4.38%$124.15
24,850 at 4.39%$124.29
24,850 at 4.4%$124.44
24,850 at 4.41%$124.59
24,850 at 4.42%$124.73
24,850 at 4.43%$124.88
24,850 at 4.44%$125.03
24,850 at 4.45%$125.17
24,850 at 4.46%$125.32
24,850 at 4.47%$125.47
24,850 at 4.48%$125.62
24,850 at 4.49%$125.76
24,850 at 4.5%$125.91
24,850 at 4.51%$126.06
24,850 at 4.52%$126.21
24,850 at 4.53%$126.35
24,850 at 4.54%$126.50
24,850 at 4.55%$126.65
24,850 at 4.56%$126.80
24,850 at 4.57%$126.95
24,850 at 4.58%$127.10
24,850 at 4.59%$127.24
24,850 at 4.6%$127.39
24,850 at 4.61%$127.54
24,850 at 4.62%$127.69
24,850 at 4.63%$127.84
24,850 at 4.64%$127.99
24,850 at 4.65%$128.14
24,850 at 4.66%$128.28
24,850 at 4.67%$128.43
24,850 at 4.68%$128.58
24,850 at 4.69%$128.73
24,850 at 4.7%$128.88
24,850 at 4.71%$129.03
24,850 at 4.72%$129.18
24,850 at 4.73%$129.33
24,850 at 4.74%$129.48
24,850 at 4.75%$129.63
24,850 at 4.76%$129.78
24,850 at 4.77%$129.93
24,850 at 4.78%$130.08
24,850 at 4.79%$130.23
24,850 at 4.8%$130.38
24,850 at 4.81%$130.53
24,850 at 4.82%$130.68
24,850 at 4.83%$130.83
24,850 at 4.84%$130.98
24,850 at 4.85%$131.13
24,850 at 4.86%$131.28
24,850 at 4.87%$131.43
24,850 at 4.88%$131.58
24,850 at 4.89%$131.73
24,850 at 4.9%$131.89
24,850 at 4.91%$132.04
24,850 at 4.92%$132.19
24,850 at 4.93%$132.34
24,850 at 4.94%$132.49
24,850 at 4.95%$132.64
24,850 at 4.96%$132.79
24,850 at 4.97%$132.94
24,850 at 4.98%$133.10
24,850 at 4.99%$133.25
24,850 at 5%$133.40
Interest Rate 30 Year
24,850 at 5.01%$133.55
24,850 at 5.02%$133.70
24,850 at 5.03%$133.86
24,850 at 5.04%$134.01
24,850 at 5.05%$134.16
24,850 at 5.06%$134.31
24,850 at 5.07%$134.47
24,850 at 5.08%$134.62
24,850 at 5.09%$134.77
24,850 at 5.1%$134.92
24,850 at 5.11%$135.08
24,850 at 5.12%$135.23
24,850 at 5.13%$135.38
24,850 at 5.14%$135.53
24,850 at 5.15%$135.69
24,850 at 5.16%$135.84
24,850 at 5.17%$135.99
24,850 at 5.18%$136.15
24,850 at 5.19%$136.30
24,850 at 5.2%$136.45
24,850 at 5.21%$136.61
24,850 at 5.22%$136.76
24,850 at 5.23%$136.91
24,850 at 5.24%$137.07
24,850 at 5.25%$137.22
24,850 at 5.26%$137.38
24,850 at 5.27%$137.53
24,850 at 5.28%$137.68
24,850 at 5.29%$137.84
24,850 at 5.3%$137.99
24,850 at 5.31%$138.15
24,850 at 5.32%$138.30
24,850 at 5.33%$138.46
24,850 at 5.34%$138.61
24,850 at 5.35%$138.77
24,850 at 5.36%$138.92
24,850 at 5.37%$139.08
24,850 at 5.38%$139.23
24,850 at 5.39%$139.39
24,850 at 5.4%$139.54
24,850 at 5.41%$139.70
24,850 at 5.42%$139.85
24,850 at 5.43%$140.01
24,850 at 5.44%$140.16
24,850 at 5.45%$140.32
24,850 at 5.46%$140.47
24,850 at 5.47%$140.63
24,850 at 5.48%$140.78
24,850 at 5.49%$140.94
24,850 at 5.5%$141.10
24,850 at 5.51%$141.25
24,850 at 5.52%$141.41
24,850 at 5.53%$141.56
24,850 at 5.54%$141.72
24,850 at 5.55%$141.88
24,850 at 5.56%$142.03
24,850 at 5.57%$142.19
24,850 at 5.58%$142.35
24,850 at 5.59%$142.50
24,850 at 5.6%$142.66
24,850 at 5.61%$142.82
24,850 at 5.62%$142.97
24,850 at 5.63%$143.13
24,850 at 5.64%$143.29
24,850 at 5.65%$143.44
24,850 at 5.66%$143.60
24,850 at 5.67%$143.76
24,850 at 5.68%$143.91
24,850 at 5.69%$144.07
24,850 at 5.7%$144.23
24,850 at 5.71%$144.39
24,850 at 5.72%$144.54
24,850 at 5.73%$144.70
24,850 at 5.74%$144.86
24,850 at 5.75%$145.02
24,850 at 5.76%$145.18
24,850 at 5.77%$145.33
24,850 at 5.78%$145.49
24,850 at 5.79%$145.65
24,850 at 5.8%$145.81
24,850 at 5.81%$145.97
24,850 at 5.82%$146.12
24,850 at 5.83%$146.28
24,850 at 5.84%$146.44
24,850 at 5.85%$146.60
24,850 at 5.86%$146.76
24,850 at 5.87%$146.92
24,850 at 5.88%$147.08
24,850 at 5.89%$147.24
24,850 at 5.9%$147.39
24,850 at 5.91%$147.55
24,850 at 5.92%$147.71
24,850 at 5.93%$147.87
24,850 at 5.94%$148.03
24,850 at 5.95%$148.19
24,850 at 5.96%$148.35
24,850 at 5.97%$148.51
24,850 at 5.98%$148.67
24,850 at 5.99%$148.83
24,850 at 6%$148.99
24,850 at 6.01%$149.15
24,850 at 6.02%$149.31
24,850 at 6.03%$149.47
24,850 at 6.04%$149.63
24,850 at 6.05%$149.79
24,850 at 6.06%$149.95
24,850 at 6.07%$150.11
24,850 at 6.08%$150.27
24,850 at 6.09%$150.43
24,850 at 6.1%$150.59
24,850 at 6.11%$150.75
24,850 at 6.12%$150.91
24,850 at 6.13%$151.07
24,850 at 6.14%$151.23
24,850 at 6.15%$151.39
24,850 at 6.16%$151.55
24,850 at 6.17%$151.72
24,850 at 6.18%$151.88
24,850 at 6.19%$152.04
24,850 at 6.2%$152.20
24,850 at 6.21%$152.36
24,850 at 6.22%$152.52
24,850 at 6.23%$152.68
24,850 at 6.24%$152.84
24,850 at 6.25%$153.01
24,850 at 6.26%$153.17
24,850 at 6.27%$153.33
24,850 at 6.28%$153.49
24,850 at 6.29%$153.65
24,850 at 6.3%$153.81
24,850 at 6.31%$153.98
24,850 at 6.32%$154.14
24,850 at 6.33%$154.30
24,850 at 6.34%$154.46
24,850 at 6.35%$154.63
24,850 at 6.36%$154.79
24,850 at 6.37%$154.95
24,850 at 6.38%$155.11
24,850 at 6.39%$155.28
24,850 at 6.4%$155.44
24,850 at 6.41%$155.60
24,850 at 6.42%$155.76
24,850 at 6.43%$155.93
24,850 at 6.44%$156.09
24,850 at 6.45%$156.25
24,850 at 6.46%$156.42
24,850 at 6.47%$156.58
24,850 at 6.48%$156.74
24,850 at 6.49%$156.91
24,850 at 6.5%$157.07
Interest Rate 30 Year
24,850 at 6.51%$157.23
24,850 at 6.52%$157.40
24,850 at 6.53%$157.56
24,850 at 6.54%$157.72
24,850 at 6.55%$157.89
24,850 at 6.56%$158.05
24,850 at 6.57%$158.21
24,850 at 6.58%$158.38
24,850 at 6.59%$158.54
24,850 at 6.6%$158.71
24,850 at 6.61%$158.87
24,850 at 6.62%$159.04
24,850 at 6.63%$159.20
24,850 at 6.64%$159.36
24,850 at 6.65%$159.53
24,850 at 6.66%$159.69
24,850 at 6.67%$159.86
24,850 at 6.68%$160.02
24,850 at 6.69%$160.19
24,850 at 6.7%$160.35
24,850 at 6.71%$160.52
24,850 at 6.72%$160.68
24,850 at 6.73%$160.85
24,850 at 6.74%$161.01
24,850 at 6.75%$161.18
24,850 at 6.76%$161.34
24,850 at 6.77%$161.51
24,850 at 6.78%$161.67
24,850 at 6.79%$161.84
24,850 at 6.8%$162.00
24,850 at 6.81%$162.17
24,850 at 6.82%$162.33
24,850 at 6.83%$162.50
24,850 at 6.84%$162.67
24,850 at 6.85%$162.83
24,850 at 6.86%$163.00
24,850 at 6.87%$163.16
24,850 at 6.88%$163.33
24,850 at 6.89%$163.50
24,850 at 6.9%$163.66
24,850 at 6.91%$163.83
24,850 at 6.92%$163.99
24,850 at 6.93%$164.16
24,850 at 6.94%$164.33
24,850 at 6.95%$164.49
24,850 at 6.96%$164.66
24,850 at 6.97%$164.83
24,850 at 6.98%$164.99
24,850 at 6.99%$165.16
24,850 at 7%$165.33
24,850 at 7.01%$165.49
24,850 at 7.02%$165.66
24,850 at 7.03%$165.83
24,850 at 7.04%$166.00
24,850 at 7.05%$166.16
24,850 at 7.06%$166.33
24,850 at 7.07%$166.50
24,850 at 7.08%$166.66
24,850 at 7.09%$166.83
24,850 at 7.1%$167.00
24,850 at 7.11%$167.17
24,850 at 7.12%$167.34
24,850 at 7.13%$167.50
24,850 at 7.14%$167.67
24,850 at 7.15%$167.84
24,850 at 7.16%$168.01
24,850 at 7.17%$168.17
24,850 at 7.18%$168.34
24,850 at 7.19%$168.51
24,850 at 7.2%$168.68
24,850 at 7.21%$168.85
24,850 at 7.22%$169.02
24,850 at 7.23%$169.18
24,850 at 7.24%$169.35
24,850 at 7.25%$169.52
24,850 at 7.26%$169.69
24,850 at 7.27%$169.86
24,850 at 7.28%$170.03
24,850 at 7.29%$170.20
24,850 at 7.3%$170.36
24,850 at 7.31%$170.53
24,850 at 7.32%$170.70
24,850 at 7.33%$170.87
24,850 at 7.34%$171.04
24,850 at 7.35%$171.21
24,850 at 7.36%$171.38
24,850 at 7.37%$171.55
24,850 at 7.38%$171.72
24,850 at 7.39%$171.89
24,850 at 7.4%$172.06
24,850 at 7.41%$172.23
24,850 at 7.42%$172.40
24,850 at 7.43%$172.57
24,850 at 7.44%$172.73
24,850 at 7.45%$172.90
24,850 at 7.46%$173.07
24,850 at 7.47%$173.24
24,850 at 7.48%$173.41
24,850 at 7.49%$173.58
24,850 at 7.5%$173.75
24,850 at 7.51%$173.92
24,850 at 7.52%$174.10
24,850 at 7.53%$174.27
24,850 at 7.54%$174.44
24,850 at 7.55%$174.61
24,850 at 7.56%$174.78
24,850 at 7.57%$174.95
24,850 at 7.58%$175.12
24,850 at 7.59%$175.29
24,850 at 7.6%$175.46
24,850 at 7.61%$175.63
24,850 at 7.62%$175.80
24,850 at 7.63%$175.97
24,850 at 7.64%$176.14
24,850 at 7.65%$176.31
24,850 at 7.66%$176.49
24,850 at 7.67%$176.66
24,850 at 7.68%$176.83
24,850 at 7.69%$177.00
24,850 at 7.7%$177.17
24,850 at 7.71%$177.34
24,850 at 7.72%$177.51
24,850 at 7.73%$177.69
24,850 at 7.74%$177.86
24,850 at 7.75%$178.03
24,850 at 7.76%$178.20
24,850 at 7.77%$178.37
24,850 at 7.78%$178.54
24,850 at 7.79%$178.72
24,850 at 7.8%$178.89
24,850 at 7.81%$179.06
24,850 at 7.82%$179.23
24,850 at 7.83%$179.40
24,850 at 7.84%$179.58
24,850 at 7.85%$179.75
24,850 at 7.86%$179.92
24,850 at 7.87%$180.09
24,850 at 7.88%$180.27
24,850 at 7.89%$180.44
24,850 at 7.9%$180.61
24,850 at 7.91%$180.78
24,850 at 7.92%$180.96
24,850 at 7.93%$181.13
24,850 at 7.94%$181.30
24,850 at 7.95%$181.48
24,850 at 7.96%$181.65
24,850 at 7.97%$181.82
24,850 at 7.98%$181.99
24,850 at 7.99%$182.17
24,850 at 8%$182.34
More Amounts
What is the down payment for a $24,850 house? How much do you need to put down?
Percent Down Down Payment
1%249
2%497
3%746
4%994
5%1,243
6%1,491
7%1,740
8%1,988
9%2,237
10%2,485
11%2,734
12%2,982
13%3,231
14%3,479
15%3,728
16%3,976
17%4,225
18%4,473
19%4,722
20%4,970
Percent Down Down Payment
21%5,219
22%5,467
23%5,716
24%5,964
25%6,213
26%6,461
27%6,710
28%6,958
29%7,207
30%7,455
31%7,704
32%7,952
33%8,201
34%8,449
35%8,698
36%8,946
37%9,195
38%9,443
39%9,692
40%9,940
Percent Down Down Payment
41%10,189
42%10,437
43%10,686
44%10,934
45%11,183
46%11,431
47%11,680
48%11,928
49%12,177
50%12,425
51%12,674
52%12,922
53%13,171
54%13,419
55%13,668
56%13,916
57%14,165
58%14,413
59%14,662
60%14,910
Percent Down Down Payment
61%15,159
62%15,407
63%15,656
64%15,904
65%16,153
66%16,401
67%16,650
68%16,898
69%17,147
70%17,395
71%17,644
72%17,892
73%18,141
74%18,389
75%18,638
76%18,886
77%19,135
78%19,383
79%19,632
80%19,880
Percent Down Down Payment
81%20,129
82%20,377
83%20,626
84%20,874
85%21,123
86%21,371
87%21,620
88%21,868
89%22,117
90%22,365
91%22,614
92%22,862
93%23,111
94%23,359
95%23,608
96%23,856
97%24,105
98%24,353
99%24,602
100%24,850
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.