$28,950 Mortgage for 30 Years

What is the monthly payment of a 28,950 dollar loan?
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Loan Tables for a $28,950 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 29k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $28,950 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
28,950 at 2.01%$107.15
28,950 at 2.02%$107.29
28,950 at 2.03%$107.44
28,950 at 2.04%$107.58
28,950 at 2.05%$107.73
28,950 at 2.06%$107.88
28,950 at 2.07%$108.02
28,950 at 2.08%$108.17
28,950 at 2.09%$108.31
28,950 at 2.1%$108.46
28,950 at 2.11%$108.60
28,950 at 2.12%$108.75
28,950 at 2.13%$108.90
28,950 at 2.14%$109.04
28,950 at 2.15%$109.19
28,950 at 2.16%$109.34
28,950 at 2.17%$109.48
28,950 at 2.18%$109.63
28,950 at 2.19%$109.78
28,950 at 2.2%$109.92
28,950 at 2.21%$110.07
28,950 at 2.22%$110.22
28,950 at 2.23%$110.37
28,950 at 2.24%$110.51
28,950 at 2.25%$110.66
28,950 at 2.26%$110.81
28,950 at 2.27%$110.96
28,950 at 2.28%$111.10
28,950 at 2.29%$111.25
28,950 at 2.3%$111.40
28,950 at 2.31%$111.55
28,950 at 2.32%$111.70
28,950 at 2.33%$111.85
28,950 at 2.34%$111.99
28,950 at 2.35%$112.14
28,950 at 2.36%$112.29
28,950 at 2.37%$112.44
28,950 at 2.38%$112.59
28,950 at 2.39%$112.74
28,950 at 2.4%$112.89
28,950 at 2.41%$113.04
28,950 at 2.42%$113.19
28,950 at 2.43%$113.34
28,950 at 2.44%$113.49
28,950 at 2.45%$113.64
28,950 at 2.46%$113.79
28,950 at 2.47%$113.94
28,950 at 2.48%$114.09
28,950 at 2.49%$114.24
28,950 at 2.5%$114.39
28,950 at 2.51%$114.54
28,950 at 2.52%$114.69
28,950 at 2.53%$114.84
28,950 at 2.54%$114.99
28,950 at 2.55%$115.14
28,950 at 2.56%$115.29
28,950 at 2.57%$115.44
28,950 at 2.58%$115.60
28,950 at 2.59%$115.75
28,950 at 2.6%$115.90
28,950 at 2.61%$116.05
28,950 at 2.62%$116.20
28,950 at 2.63%$116.35
28,950 at 2.64%$116.51
28,950 at 2.65%$116.66
28,950 at 2.66%$116.81
28,950 at 2.67%$116.96
28,950 at 2.68%$117.12
28,950 at 2.69%$117.27
28,950 at 2.7%$117.42
28,950 at 2.71%$117.57
28,950 at 2.72%$117.73
28,950 at 2.73%$117.88
28,950 at 2.74%$118.03
28,950 at 2.75%$118.19
28,950 at 2.76%$118.34
28,950 at 2.77%$118.49
28,950 at 2.78%$118.65
28,950 at 2.79%$118.80
28,950 at 2.8%$118.95
28,950 at 2.81%$119.11
28,950 at 2.82%$119.26
28,950 at 2.83%$119.42
28,950 at 2.84%$119.57
28,950 at 2.85%$119.72
28,950 at 2.86%$119.88
28,950 at 2.87%$120.03
28,950 at 2.88%$120.19
28,950 at 2.89%$120.34
28,950 at 2.9%$120.50
28,950 at 2.91%$120.65
28,950 at 2.92%$120.81
28,950 at 2.93%$120.96
28,950 at 2.94%$121.12
28,950 at 2.95%$121.28
28,950 at 2.96%$121.43
28,950 at 2.97%$121.59
28,950 at 2.98%$121.74
28,950 at 2.99%$121.90
28,950 at 3%$122.05
28,950 at 3.01%$122.21
28,950 at 3.02%$122.37
28,950 at 3.03%$122.52
28,950 at 3.04%$122.68
28,950 at 3.05%$122.84
28,950 at 3.06%$122.99
28,950 at 3.07%$123.15
28,950 at 3.08%$123.31
28,950 at 3.09%$123.46
28,950 at 3.1%$123.62
28,950 at 3.11%$123.78
28,950 at 3.12%$123.94
28,950 at 3.13%$124.09
28,950 at 3.14%$124.25
28,950 at 3.15%$124.41
28,950 at 3.16%$124.57
28,950 at 3.17%$124.72
28,950 at 3.18%$124.88
28,950 at 3.19%$125.04
28,950 at 3.2%$125.20
28,950 at 3.21%$125.36
28,950 at 3.22%$125.52
28,950 at 3.23%$125.67
28,950 at 3.24%$125.83
28,950 at 3.25%$125.99
28,950 at 3.26%$126.15
28,950 at 3.27%$126.31
28,950 at 3.28%$126.47
28,950 at 3.29%$126.63
28,950 at 3.3%$126.79
28,950 at 3.31%$126.95
28,950 at 3.32%$127.11
28,950 at 3.33%$127.27
28,950 at 3.34%$127.43
28,950 at 3.35%$127.59
28,950 at 3.36%$127.75
28,950 at 3.37%$127.91
28,950 at 3.38%$128.07
28,950 at 3.39%$128.23
28,950 at 3.4%$128.39
28,950 at 3.41%$128.55
28,950 at 3.42%$128.71
28,950 at 3.43%$128.87
28,950 at 3.44%$129.03
28,950 at 3.45%$129.19
28,950 at 3.46%$129.35
28,950 at 3.47%$129.51
28,950 at 3.48%$129.68
28,950 at 3.49%$129.84
28,950 at 3.5%$130.00
Interest Rate 30 Year
28,950 at 3.51%$130.16
28,950 at 3.52%$130.32
28,950 at 3.53%$130.48
28,950 at 3.54%$130.65
28,950 at 3.55%$130.81
28,950 at 3.56%$130.97
28,950 at 3.57%$131.13
28,950 at 3.58%$131.29
28,950 at 3.59%$131.46
28,950 at 3.6%$131.62
28,950 at 3.61%$131.78
28,950 at 3.62%$131.95
28,950 at 3.63%$132.11
28,950 at 3.64%$132.27
28,950 at 3.65%$132.43
28,950 at 3.66%$132.60
28,950 at 3.67%$132.76
28,950 at 3.68%$132.92
28,950 at 3.69%$133.09
28,950 at 3.7%$133.25
28,950 at 3.71%$133.42
28,950 at 3.72%$133.58
28,950 at 3.73%$133.74
28,950 at 3.74%$133.91
28,950 at 3.75%$134.07
28,950 at 3.76%$134.24
28,950 at 3.77%$134.40
28,950 at 3.78%$134.57
28,950 at 3.79%$134.73
28,950 at 3.8%$134.89
28,950 at 3.81%$135.06
28,950 at 3.82%$135.22
28,950 at 3.83%$135.39
28,950 at 3.84%$135.55
28,950 at 3.85%$135.72
28,950 at 3.86%$135.89
28,950 at 3.87%$136.05
28,950 at 3.88%$136.22
28,950 at 3.89%$136.38
28,950 at 3.9%$136.55
28,950 at 3.91%$136.71
28,950 at 3.92%$136.88
28,950 at 3.93%$137.05
28,950 at 3.94%$137.21
28,950 at 3.95%$137.38
28,950 at 3.96%$137.54
28,950 at 3.97%$137.71
28,950 at 3.98%$137.88
28,950 at 3.99%$138.04
28,950 at 4%$138.21
28,950 at 4.01%$138.38
28,950 at 4.02%$138.55
28,950 at 4.03%$138.71
28,950 at 4.04%$138.88
28,950 at 4.05%$139.05
28,950 at 4.06%$139.22
28,950 at 4.07%$139.38
28,950 at 4.08%$139.55
28,950 at 4.09%$139.72
28,950 at 4.1%$139.89
28,950 at 4.11%$140.05
28,950 at 4.12%$140.22
28,950 at 4.13%$140.39
28,950 at 4.14%$140.56
28,950 at 4.15%$140.73
28,950 at 4.16%$140.90
28,950 at 4.17%$141.06
28,950 at 4.18%$141.23
28,950 at 4.19%$141.40
28,950 at 4.2%$141.57
28,950 at 4.21%$141.74
28,950 at 4.22%$141.91
28,950 at 4.23%$142.08
28,950 at 4.24%$142.25
28,950 at 4.25%$142.42
28,950 at 4.26%$142.59
28,950 at 4.27%$142.76
28,950 at 4.28%$142.93
28,950 at 4.29%$143.10
28,950 at 4.3%$143.27
28,950 at 4.31%$143.44
28,950 at 4.32%$143.61
28,950 at 4.33%$143.78
28,950 at 4.34%$143.95
28,950 at 4.35%$144.12
28,950 at 4.36%$144.29
28,950 at 4.37%$144.46
28,950 at 4.38%$144.63
28,950 at 4.39%$144.80
28,950 at 4.4%$144.97
28,950 at 4.41%$145.14
28,950 at 4.42%$145.31
28,950 at 4.43%$145.48
28,950 at 4.44%$145.66
28,950 at 4.45%$145.83
28,950 at 4.46%$146.00
28,950 at 4.47%$146.17
28,950 at 4.48%$146.34
28,950 at 4.49%$146.51
28,950 at 4.5%$146.69
28,950 at 4.51%$146.86
28,950 at 4.52%$147.03
28,950 at 4.53%$147.20
28,950 at 4.54%$147.37
28,950 at 4.55%$147.55
28,950 at 4.56%$147.72
28,950 at 4.57%$147.89
28,950 at 4.58%$148.06
28,950 at 4.59%$148.24
28,950 at 4.6%$148.41
28,950 at 4.61%$148.58
28,950 at 4.62%$148.76
28,950 at 4.63%$148.93
28,950 at 4.64%$149.10
28,950 at 4.65%$149.28
28,950 at 4.66%$149.45
28,950 at 4.67%$149.62
28,950 at 4.68%$149.80
28,950 at 4.69%$149.97
28,950 at 4.7%$150.15
28,950 at 4.71%$150.32
28,950 at 4.72%$150.49
28,950 at 4.73%$150.67
28,950 at 4.74%$150.84
28,950 at 4.75%$151.02
28,950 at 4.76%$151.19
28,950 at 4.77%$151.37
28,950 at 4.78%$151.54
28,950 at 4.79%$151.72
28,950 at 4.8%$151.89
28,950 at 4.81%$152.07
28,950 at 4.82%$152.24
28,950 at 4.83%$152.42
28,950 at 4.84%$152.59
28,950 at 4.85%$152.77
28,950 at 4.86%$152.94
28,950 at 4.87%$153.12
28,950 at 4.88%$153.29
28,950 at 4.89%$153.47
28,950 at 4.9%$153.65
28,950 at 4.91%$153.82
28,950 at 4.92%$154.00
28,950 at 4.93%$154.17
28,950 at 4.94%$154.35
28,950 at 4.95%$154.53
28,950 at 4.96%$154.70
28,950 at 4.97%$154.88
28,950 at 4.98%$155.06
28,950 at 4.99%$155.23
28,950 at 5%$155.41
Interest Rate 30 Year
28,950 at 5.01%$155.59
28,950 at 5.02%$155.76
28,950 at 5.03%$155.94
28,950 at 5.04%$156.12
28,950 at 5.05%$156.30
28,950 at 5.06%$156.47
28,950 at 5.07%$156.65
28,950 at 5.08%$156.83
28,950 at 5.09%$157.01
28,950 at 5.1%$157.18
28,950 at 5.11%$157.36
28,950 at 5.12%$157.54
28,950 at 5.13%$157.72
28,950 at 5.14%$157.90
28,950 at 5.15%$158.07
28,950 at 5.16%$158.25
28,950 at 5.17%$158.43
28,950 at 5.18%$158.61
28,950 at 5.19%$158.79
28,950 at 5.2%$158.97
28,950 at 5.21%$159.15
28,950 at 5.22%$159.33
28,950 at 5.23%$159.50
28,950 at 5.24%$159.68
28,950 at 5.25%$159.86
28,950 at 5.26%$160.04
28,950 at 5.27%$160.22
28,950 at 5.28%$160.40
28,950 at 5.29%$160.58
28,950 at 5.3%$160.76
28,950 at 5.31%$160.94
28,950 at 5.32%$161.12
28,950 at 5.33%$161.30
28,950 at 5.34%$161.48
28,950 at 5.35%$161.66
28,950 at 5.36%$161.84
28,950 at 5.37%$162.02
28,950 at 5.38%$162.20
28,950 at 5.39%$162.38
28,950 at 5.4%$162.56
28,950 at 5.41%$162.74
28,950 at 5.42%$162.92
28,950 at 5.43%$163.11
28,950 at 5.44%$163.29
28,950 at 5.45%$163.47
28,950 at 5.46%$163.65
28,950 at 5.47%$163.83
28,950 at 5.48%$164.01
28,950 at 5.49%$164.19
28,950 at 5.5%$164.37
28,950 at 5.51%$164.56
28,950 at 5.52%$164.74
28,950 at 5.53%$164.92
28,950 at 5.54%$165.10
28,950 at 5.55%$165.28
28,950 at 5.56%$165.47
28,950 at 5.57%$165.65
28,950 at 5.58%$165.83
28,950 at 5.59%$166.01
28,950 at 5.6%$166.20
28,950 at 5.61%$166.38
28,950 at 5.62%$166.56
28,950 at 5.63%$166.74
28,950 at 5.64%$166.93
28,950 at 5.65%$167.11
28,950 at 5.66%$167.29
28,950 at 5.67%$167.48
28,950 at 5.68%$167.66
28,950 at 5.69%$167.84
28,950 at 5.7%$168.03
28,950 at 5.71%$168.21
28,950 at 5.72%$168.39
28,950 at 5.73%$168.58
28,950 at 5.74%$168.76
28,950 at 5.75%$168.94
28,950 at 5.76%$169.13
28,950 at 5.77%$169.31
28,950 at 5.78%$169.50
28,950 at 5.79%$169.68
28,950 at 5.8%$169.87
28,950 at 5.81%$170.05
28,950 at 5.82%$170.23
28,950 at 5.83%$170.42
28,950 at 5.84%$170.60
28,950 at 5.85%$170.79
28,950 at 5.86%$170.97
28,950 at 5.87%$171.16
28,950 at 5.88%$171.34
28,950 at 5.89%$171.53
28,950 at 5.9%$171.71
28,950 at 5.91%$171.90
28,950 at 5.92%$172.08
28,950 at 5.93%$172.27
28,950 at 5.94%$172.45
28,950 at 5.95%$172.64
28,950 at 5.96%$172.83
28,950 at 5.97%$173.01
28,950 at 5.98%$173.20
28,950 at 5.99%$173.38
28,950 at 6%$173.57
28,950 at 6.01%$173.76
28,950 at 6.02%$173.94
28,950 at 6.03%$174.13
28,950 at 6.04%$174.32
28,950 at 6.05%$174.50
28,950 at 6.06%$174.69
28,950 at 6.07%$174.87
28,950 at 6.08%$175.06
28,950 at 6.09%$175.25
28,950 at 6.1%$175.44
28,950 at 6.11%$175.62
28,950 at 6.12%$175.81
28,950 at 6.13%$176.00
28,950 at 6.14%$176.18
28,950 at 6.15%$176.37
28,950 at 6.16%$176.56
28,950 at 6.17%$176.75
28,950 at 6.18%$176.93
28,950 at 6.19%$177.12
28,950 at 6.2%$177.31
28,950 at 6.21%$177.50
28,950 at 6.22%$177.69
28,950 at 6.23%$177.87
28,950 at 6.24%$178.06
28,950 at 6.25%$178.25
28,950 at 6.26%$178.44
28,950 at 6.27%$178.63
28,950 at 6.28%$178.82
28,950 at 6.29%$179.00
28,950 at 6.3%$179.19
28,950 at 6.31%$179.38
28,950 at 6.32%$179.57
28,950 at 6.33%$179.76
28,950 at 6.34%$179.95
28,950 at 6.35%$180.14
28,950 at 6.36%$180.33
28,950 at 6.37%$180.52
28,950 at 6.38%$180.71
28,950 at 6.39%$180.89
28,950 at 6.4%$181.08
28,950 at 6.41%$181.27
28,950 at 6.42%$181.46
28,950 at 6.43%$181.65
28,950 at 6.44%$181.84
28,950 at 6.45%$182.03
28,950 at 6.46%$182.22
28,950 at 6.47%$182.41
28,950 at 6.48%$182.60
28,950 at 6.49%$182.79
28,950 at 6.5%$182.98
Interest Rate 30 Year
28,950 at 6.51%$183.17
28,950 at 6.52%$183.36
28,950 at 6.53%$183.56
28,950 at 6.54%$183.75
28,950 at 6.55%$183.94
28,950 at 6.56%$184.13
28,950 at 6.57%$184.32
28,950 at 6.58%$184.51
28,950 at 6.59%$184.70
28,950 at 6.6%$184.89
28,950 at 6.61%$185.08
28,950 at 6.62%$185.27
28,950 at 6.63%$185.47
28,950 at 6.64%$185.66
28,950 at 6.65%$185.85
28,950 at 6.66%$186.04
28,950 at 6.67%$186.23
28,950 at 6.68%$186.42
28,950 at 6.69%$186.62
28,950 at 6.7%$186.81
28,950 at 6.71%$187.00
28,950 at 6.72%$187.19
28,950 at 6.73%$187.38
28,950 at 6.74%$187.58
28,950 at 6.75%$187.77
28,950 at 6.76%$187.96
28,950 at 6.77%$188.15
28,950 at 6.78%$188.35
28,950 at 6.79%$188.54
28,950 at 6.8%$188.73
28,950 at 6.81%$188.93
28,950 at 6.82%$189.12
28,950 at 6.83%$189.31
28,950 at 6.84%$189.50
28,950 at 6.85%$189.70
28,950 at 6.86%$189.89
28,950 at 6.87%$190.08
28,950 at 6.88%$190.28
28,950 at 6.89%$190.47
28,950 at 6.9%$190.66
28,950 at 6.91%$190.86
28,950 at 6.92%$191.05
28,950 at 6.93%$191.25
28,950 at 6.94%$191.44
28,950 at 6.95%$191.63
28,950 at 6.96%$191.83
28,950 at 6.97%$192.02
28,950 at 6.98%$192.22
28,950 at 6.99%$192.41
28,950 at 7%$192.61
28,950 at 7.01%$192.80
28,950 at 7.02%$192.99
28,950 at 7.03%$193.19
28,950 at 7.04%$193.38
28,950 at 7.05%$193.58
28,950 at 7.06%$193.77
28,950 at 7.07%$193.97
28,950 at 7.08%$194.16
28,950 at 7.09%$194.36
28,950 at 7.1%$194.55
28,950 at 7.11%$194.75
28,950 at 7.12%$194.94
28,950 at 7.13%$195.14
28,950 at 7.14%$195.33
28,950 at 7.15%$195.53
28,950 at 7.16%$195.73
28,950 at 7.17%$195.92
28,950 at 7.18%$196.12
28,950 at 7.19%$196.31
28,950 at 7.2%$196.51
28,950 at 7.21%$196.71
28,950 at 7.22%$196.90
28,950 at 7.23%$197.10
28,950 at 7.24%$197.29
28,950 at 7.25%$197.49
28,950 at 7.26%$197.69
28,950 at 7.27%$197.88
28,950 at 7.28%$198.08
28,950 at 7.29%$198.28
28,950 at 7.3%$198.47
28,950 at 7.31%$198.67
28,950 at 7.32%$198.87
28,950 at 7.33%$199.06
28,950 at 7.34%$199.26
28,950 at 7.35%$199.46
28,950 at 7.36%$199.65
28,950 at 7.37%$199.85
28,950 at 7.38%$200.05
28,950 at 7.39%$200.25
28,950 at 7.4%$200.44
28,950 at 7.41%$200.64
28,950 at 7.42%$200.84
28,950 at 7.43%$201.04
28,950 at 7.44%$201.23
28,950 at 7.45%$201.43
28,950 at 7.46%$201.63
28,950 at 7.47%$201.83
28,950 at 7.48%$202.03
28,950 at 7.49%$202.22
28,950 at 7.5%$202.42
28,950 at 7.51%$202.62
28,950 at 7.52%$202.82
28,950 at 7.53%$203.02
28,950 at 7.54%$203.22
28,950 at 7.55%$203.41
28,950 at 7.56%$203.61
28,950 at 7.57%$203.81
28,950 at 7.58%$204.01
28,950 at 7.59%$204.21
28,950 at 7.6%$204.41
28,950 at 7.61%$204.61
28,950 at 7.62%$204.81
28,950 at 7.63%$205.01
28,950 at 7.64%$205.21
28,950 at 7.65%$205.40
28,950 at 7.66%$205.60
28,950 at 7.67%$205.80
28,950 at 7.68%$206.00
28,950 at 7.69%$206.20
28,950 at 7.7%$206.40
28,950 at 7.71%$206.60
28,950 at 7.72%$206.80
28,950 at 7.73%$207.00
28,950 at 7.74%$207.20
28,950 at 7.75%$207.40
28,950 at 7.76%$207.60
28,950 at 7.77%$207.80
28,950 at 7.78%$208.00
28,950 at 7.79%$208.20
28,950 at 7.8%$208.40
28,950 at 7.81%$208.60
28,950 at 7.82%$208.80
28,950 at 7.83%$209.00
28,950 at 7.84%$209.20
28,950 at 7.85%$209.41
28,950 at 7.86%$209.61
28,950 at 7.87%$209.81
28,950 at 7.88%$210.01
28,950 at 7.89%$210.21
28,950 at 7.9%$210.41
28,950 at 7.91%$210.61
28,950 at 7.92%$210.81
28,950 at 7.93%$211.01
28,950 at 7.94%$211.22
28,950 at 7.95%$211.42
28,950 at 7.96%$211.62
28,950 at 7.97%$211.82
28,950 at 7.98%$212.02
28,950 at 7.99%$212.22
28,950 at 8%$212.42
More Amounts
What is the down payment for a $28,950 house? How much do you need to put down?
Percent Down Down Payment
1%290
2%579
3%869
4%1,158
5%1,448
6%1,737
7%2,027
8%2,316
9%2,606
10%2,895
11%3,185
12%3,474
13%3,764
14%4,053
15%4,343
16%4,632
17%4,922
18%5,211
19%5,501
20%5,790
Percent Down Down Payment
21%6,080
22%6,369
23%6,659
24%6,948
25%7,238
26%7,527
27%7,817
28%8,106
29%8,396
30%8,685
31%8,975
32%9,264
33%9,554
34%9,843
35%10,133
36%10,422
37%10,712
38%11,001
39%11,291
40%11,580
Percent Down Down Payment
41%11,870
42%12,159
43%12,449
44%12,738
45%13,028
46%13,317
47%13,607
48%13,896
49%14,186
50%14,475
51%14,765
52%15,054
53%15,344
54%15,633
55%15,923
56%16,212
57%16,502
58%16,791
59%17,081
60%17,370
Percent Down Down Payment
61%17,660
62%17,949
63%18,239
64%18,528
65%18,818
66%19,107
67%19,397
68%19,686
69%19,976
70%20,265
71%20,555
72%20,844
73%21,134
74%21,423
75%21,713
76%22,002
77%22,292
78%22,581
79%22,871
80%23,160
Percent Down Down Payment
81%23,450
82%23,739
83%24,029
84%24,318
85%24,608
86%24,897
87%25,187
88%25,476
89%25,766
90%26,055
91%26,345
92%26,634
93%26,924
94%27,213
95%27,503
96%27,792
97%28,082
98%28,371
99%28,661
100%28,950
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.