$31,400 Mortgage for 30 Years

What is the monthly payment of a 31,400 dollar loan?
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Loan Tables for a $31,400 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 31k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $31,400 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
31,400 at 2.01%$116.22
31,400 at 2.02%$116.37
31,400 at 2.03%$116.53
31,400 at 2.04%$116.69
31,400 at 2.05%$116.85
31,400 at 2.06%$117.00
31,400 at 2.07%$117.16
31,400 at 2.08%$117.32
31,400 at 2.09%$117.48
31,400 at 2.1%$117.64
31,400 at 2.11%$117.80
31,400 at 2.12%$117.95
31,400 at 2.13%$118.11
31,400 at 2.14%$118.27
31,400 at 2.15%$118.43
31,400 at 2.16%$118.59
31,400 at 2.17%$118.75
31,400 at 2.18%$118.91
31,400 at 2.19%$119.07
31,400 at 2.2%$119.23
31,400 at 2.21%$119.39
31,400 at 2.22%$119.55
31,400 at 2.23%$119.71
31,400 at 2.24%$119.87
31,400 at 2.25%$120.03
31,400 at 2.26%$120.19
31,400 at 2.27%$120.35
31,400 at 2.28%$120.51
31,400 at 2.29%$120.67
31,400 at 2.3%$120.83
31,400 at 2.31%$120.99
31,400 at 2.32%$121.15
31,400 at 2.33%$121.31
31,400 at 2.34%$121.47
31,400 at 2.35%$121.63
31,400 at 2.36%$121.79
31,400 at 2.37%$121.96
31,400 at 2.38%$122.12
31,400 at 2.39%$122.28
31,400 at 2.4%$122.44
31,400 at 2.41%$122.60
31,400 at 2.42%$122.77
31,400 at 2.43%$122.93
31,400 at 2.44%$123.09
31,400 at 2.45%$123.25
31,400 at 2.46%$123.42
31,400 at 2.47%$123.58
31,400 at 2.48%$123.74
31,400 at 2.49%$123.90
31,400 at 2.5%$124.07
31,400 at 2.51%$124.23
31,400 at 2.52%$124.39
31,400 at 2.53%$124.56
31,400 at 2.54%$124.72
31,400 at 2.55%$124.89
31,400 at 2.56%$125.05
31,400 at 2.57%$125.21
31,400 at 2.58%$125.38
31,400 at 2.59%$125.54
31,400 at 2.6%$125.71
31,400 at 2.61%$125.87
31,400 at 2.62%$126.04
31,400 at 2.63%$126.20
31,400 at 2.64%$126.37
31,400 at 2.65%$126.53
31,400 at 2.66%$126.70
31,400 at 2.67%$126.86
31,400 at 2.68%$127.03
31,400 at 2.69%$127.19
31,400 at 2.7%$127.36
31,400 at 2.71%$127.52
31,400 at 2.72%$127.69
31,400 at 2.73%$127.86
31,400 at 2.74%$128.02
31,400 at 2.75%$128.19
31,400 at 2.76%$128.35
31,400 at 2.77%$128.52
31,400 at 2.78%$128.69
31,400 at 2.79%$128.85
31,400 at 2.8%$129.02
31,400 at 2.81%$129.19
31,400 at 2.82%$129.35
31,400 at 2.83%$129.52
31,400 at 2.84%$129.69
31,400 at 2.85%$129.86
31,400 at 2.86%$130.02
31,400 at 2.87%$130.19
31,400 at 2.88%$130.36
31,400 at 2.89%$130.53
31,400 at 2.9%$130.70
31,400 at 2.91%$130.86
31,400 at 2.92%$131.03
31,400 at 2.93%$131.20
31,400 at 2.94%$131.37
31,400 at 2.95%$131.54
31,400 at 2.96%$131.71
31,400 at 2.97%$131.88
31,400 at 2.98%$132.05
31,400 at 2.99%$132.21
31,400 at 3%$132.38
31,400 at 3.01%$132.55
31,400 at 3.02%$132.72
31,400 at 3.03%$132.89
31,400 at 3.04%$133.06
31,400 at 3.05%$133.23
31,400 at 3.06%$133.40
31,400 at 3.07%$133.57
31,400 at 3.08%$133.74
31,400 at 3.09%$133.91
31,400 at 3.1%$134.08
31,400 at 3.11%$134.25
31,400 at 3.12%$134.42
31,400 at 3.13%$134.60
31,400 at 3.14%$134.77
31,400 at 3.15%$134.94
31,400 at 3.16%$135.11
31,400 at 3.17%$135.28
31,400 at 3.18%$135.45
31,400 at 3.19%$135.62
31,400 at 3.2%$135.79
31,400 at 3.21%$135.97
31,400 at 3.22%$136.14
31,400 at 3.23%$136.31
31,400 at 3.24%$136.48
31,400 at 3.25%$136.65
31,400 at 3.26%$136.83
31,400 at 3.27%$137.00
31,400 at 3.28%$137.17
31,400 at 3.29%$137.35
31,400 at 3.3%$137.52
31,400 at 3.31%$137.69
31,400 at 3.32%$137.86
31,400 at 3.33%$138.04
31,400 at 3.34%$138.21
31,400 at 3.35%$138.38
31,400 at 3.36%$138.56
31,400 at 3.37%$138.73
31,400 at 3.38%$138.91
31,400 at 3.39%$139.08
31,400 at 3.4%$139.25
31,400 at 3.41%$139.43
31,400 at 3.42%$139.60
31,400 at 3.43%$139.78
31,400 at 3.44%$139.95
31,400 at 3.45%$140.13
31,400 at 3.46%$140.30
31,400 at 3.47%$140.47
31,400 at 3.48%$140.65
31,400 at 3.49%$140.82
31,400 at 3.5%$141.00
Interest Rate 30 Year
31,400 at 3.51%$141.18
31,400 at 3.52%$141.35
31,400 at 3.53%$141.53
31,400 at 3.54%$141.70
31,400 at 3.55%$141.88
31,400 at 3.56%$142.05
31,400 at 3.57%$142.23
31,400 at 3.58%$142.41
31,400 at 3.59%$142.58
31,400 at 3.6%$142.76
31,400 at 3.61%$142.94
31,400 at 3.62%$143.11
31,400 at 3.63%$143.29
31,400 at 3.64%$143.47
31,400 at 3.65%$143.64
31,400 at 3.66%$143.82
31,400 at 3.67%$144.00
31,400 at 3.68%$144.17
31,400 at 3.69%$144.35
31,400 at 3.7%$144.53
31,400 at 3.71%$144.71
31,400 at 3.72%$144.88
31,400 at 3.73%$145.06
31,400 at 3.74%$145.24
31,400 at 3.75%$145.42
31,400 at 3.76%$145.60
31,400 at 3.77%$145.77
31,400 at 3.78%$145.95
31,400 at 3.79%$146.13
31,400 at 3.8%$146.31
31,400 at 3.81%$146.49
31,400 at 3.82%$146.67
31,400 at 3.83%$146.85
31,400 at 3.84%$147.03
31,400 at 3.85%$147.21
31,400 at 3.86%$147.39
31,400 at 3.87%$147.56
31,400 at 3.88%$147.74
31,400 at 3.89%$147.92
31,400 at 3.9%$148.10
31,400 at 3.91%$148.28
31,400 at 3.92%$148.46
31,400 at 3.93%$148.64
31,400 at 3.94%$148.82
31,400 at 3.95%$149.00
31,400 at 3.96%$149.19
31,400 at 3.97%$149.37
31,400 at 3.98%$149.55
31,400 at 3.99%$149.73
31,400 at 4%$149.91
31,400 at 4.01%$150.09
31,400 at 4.02%$150.27
31,400 at 4.03%$150.45
31,400 at 4.04%$150.63
31,400 at 4.05%$150.81
31,400 at 4.06%$151.00
31,400 at 4.07%$151.18
31,400 at 4.08%$151.36
31,400 at 4.09%$151.54
31,400 at 4.1%$151.72
31,400 at 4.11%$151.91
31,400 at 4.12%$152.09
31,400 at 4.13%$152.27
31,400 at 4.14%$152.45
31,400 at 4.15%$152.64
31,400 at 4.16%$152.82
31,400 at 4.17%$153.00
31,400 at 4.18%$153.19
31,400 at 4.19%$153.37
31,400 at 4.2%$153.55
31,400 at 4.21%$153.73
31,400 at 4.22%$153.92
31,400 at 4.23%$154.10
31,400 at 4.24%$154.29
31,400 at 4.25%$154.47
31,400 at 4.26%$154.65
31,400 at 4.27%$154.84
31,400 at 4.28%$155.02
31,400 at 4.29%$155.21
31,400 at 4.3%$155.39
31,400 at 4.31%$155.57
31,400 at 4.32%$155.76
31,400 at 4.33%$155.94
31,400 at 4.34%$156.13
31,400 at 4.35%$156.31
31,400 at 4.36%$156.50
31,400 at 4.37%$156.68
31,400 at 4.38%$156.87
31,400 at 4.39%$157.05
31,400 at 4.4%$157.24
31,400 at 4.41%$157.42
31,400 at 4.42%$157.61
31,400 at 4.43%$157.80
31,400 at 4.44%$157.98
31,400 at 4.45%$158.17
31,400 at 4.46%$158.35
31,400 at 4.47%$158.54
31,400 at 4.48%$158.73
31,400 at 4.49%$158.91
31,400 at 4.5%$159.10
31,400 at 4.51%$159.29
31,400 at 4.52%$159.47
31,400 at 4.53%$159.66
31,400 at 4.54%$159.85
31,400 at 4.55%$160.03
31,400 at 4.56%$160.22
31,400 at 4.57%$160.41
31,400 at 4.58%$160.60
31,400 at 4.59%$160.78
31,400 at 4.6%$160.97
31,400 at 4.61%$161.16
31,400 at 4.62%$161.35
31,400 at 4.63%$161.53
31,400 at 4.64%$161.72
31,400 at 4.65%$161.91
31,400 at 4.66%$162.10
31,400 at 4.67%$162.29
31,400 at 4.68%$162.48
31,400 at 4.69%$162.66
31,400 at 4.7%$162.85
31,400 at 4.71%$163.04
31,400 at 4.72%$163.23
31,400 at 4.73%$163.42
31,400 at 4.74%$163.61
31,400 at 4.75%$163.80
31,400 at 4.76%$163.99
31,400 at 4.77%$164.18
31,400 at 4.78%$164.37
31,400 at 4.79%$164.56
31,400 at 4.8%$164.74
31,400 at 4.81%$164.93
31,400 at 4.82%$165.12
31,400 at 4.83%$165.31
31,400 at 4.84%$165.50
31,400 at 4.85%$165.70
31,400 at 4.86%$165.89
31,400 at 4.87%$166.08
31,400 at 4.88%$166.27
31,400 at 4.89%$166.46
31,400 at 4.9%$166.65
31,400 at 4.91%$166.84
31,400 at 4.92%$167.03
31,400 at 4.93%$167.22
31,400 at 4.94%$167.41
31,400 at 4.95%$167.60
31,400 at 4.96%$167.80
31,400 at 4.97%$167.99
31,400 at 4.98%$168.18
31,400 at 4.99%$168.37
31,400 at 5%$168.56
Interest Rate 30 Year
31,400 at 5.01%$168.75
31,400 at 5.02%$168.95
31,400 at 5.03%$169.14
31,400 at 5.04%$169.33
31,400 at 5.05%$169.52
31,400 at 5.06%$169.72
31,400 at 5.07%$169.91
31,400 at 5.08%$170.10
31,400 at 5.09%$170.29
31,400 at 5.1%$170.49
31,400 at 5.11%$170.68
31,400 at 5.12%$170.87
31,400 at 5.13%$171.07
31,400 at 5.14%$171.26
31,400 at 5.15%$171.45
31,400 at 5.16%$171.65
31,400 at 5.17%$171.84
31,400 at 5.18%$172.03
31,400 at 5.19%$172.23
31,400 at 5.2%$172.42
31,400 at 5.21%$172.61
31,400 at 5.22%$172.81
31,400 at 5.23%$173.00
31,400 at 5.24%$173.20
31,400 at 5.25%$173.39
31,400 at 5.26%$173.59
31,400 at 5.27%$173.78
31,400 at 5.28%$173.98
31,400 at 5.29%$174.17
31,400 at 5.3%$174.37
31,400 at 5.31%$174.56
31,400 at 5.32%$174.76
31,400 at 5.33%$174.95
31,400 at 5.34%$175.15
31,400 at 5.35%$175.34
31,400 at 5.36%$175.54
31,400 at 5.37%$175.73
31,400 at 5.38%$175.93
31,400 at 5.39%$176.12
31,400 at 5.4%$176.32
31,400 at 5.41%$176.52
31,400 at 5.42%$176.71
31,400 at 5.43%$176.91
31,400 at 5.44%$177.11
31,400 at 5.45%$177.30
31,400 at 5.46%$177.50
31,400 at 5.47%$177.70
31,400 at 5.48%$177.89
31,400 at 5.49%$178.09
31,400 at 5.5%$178.29
31,400 at 5.51%$178.48
31,400 at 5.52%$178.68
31,400 at 5.53%$178.88
31,400 at 5.54%$179.07
31,400 at 5.55%$179.27
31,400 at 5.56%$179.47
31,400 at 5.57%$179.67
31,400 at 5.58%$179.86
31,400 at 5.59%$180.06
31,400 at 5.6%$180.26
31,400 at 5.61%$180.46
31,400 at 5.62%$180.66
31,400 at 5.63%$180.86
31,400 at 5.64%$181.05
31,400 at 5.65%$181.25
31,400 at 5.66%$181.45
31,400 at 5.67%$181.65
31,400 at 5.68%$181.85
31,400 at 5.69%$182.05
31,400 at 5.7%$182.25
31,400 at 5.71%$182.44
31,400 at 5.72%$182.64
31,400 at 5.73%$182.84
31,400 at 5.74%$183.04
31,400 at 5.75%$183.24
31,400 at 5.76%$183.44
31,400 at 5.77%$183.64
31,400 at 5.78%$183.84
31,400 at 5.79%$184.04
31,400 at 5.8%$184.24
31,400 at 5.81%$184.44
31,400 at 5.82%$184.64
31,400 at 5.83%$184.84
31,400 at 5.84%$185.04
31,400 at 5.85%$185.24
31,400 at 5.86%$185.44
31,400 at 5.87%$185.64
31,400 at 5.88%$185.84
31,400 at 5.89%$186.04
31,400 at 5.9%$186.24
31,400 at 5.91%$186.45
31,400 at 5.92%$186.65
31,400 at 5.93%$186.85
31,400 at 5.94%$187.05
31,400 at 5.95%$187.25
31,400 at 5.96%$187.45
31,400 at 5.97%$187.65
31,400 at 5.98%$187.86
31,400 at 5.99%$188.06
31,400 at 6%$188.26
31,400 at 6.01%$188.46
31,400 at 6.02%$188.66
31,400 at 6.03%$188.86
31,400 at 6.04%$189.07
31,400 at 6.05%$189.27
31,400 at 6.06%$189.47
31,400 at 6.07%$189.67
31,400 at 6.08%$189.88
31,400 at 6.09%$190.08
31,400 at 6.1%$190.28
31,400 at 6.11%$190.49
31,400 at 6.12%$190.69
31,400 at 6.13%$190.89
31,400 at 6.14%$191.09
31,400 at 6.15%$191.30
31,400 at 6.16%$191.50
31,400 at 6.17%$191.70
31,400 at 6.18%$191.91
31,400 at 6.19%$192.11
31,400 at 6.2%$192.32
31,400 at 6.21%$192.52
31,400 at 6.22%$192.72
31,400 at 6.23%$192.93
31,400 at 6.24%$193.13
31,400 at 6.25%$193.34
31,400 at 6.26%$193.54
31,400 at 6.27%$193.74
31,400 at 6.28%$193.95
31,400 at 6.29%$194.15
31,400 at 6.3%$194.36
31,400 at 6.31%$194.56
31,400 at 6.32%$194.77
31,400 at 6.33%$194.97
31,400 at 6.34%$195.18
31,400 at 6.35%$195.38
31,400 at 6.36%$195.59
31,400 at 6.37%$195.79
31,400 at 6.38%$196.00
31,400 at 6.39%$196.20
31,400 at 6.4%$196.41
31,400 at 6.41%$196.61
31,400 at 6.42%$196.82
31,400 at 6.43%$197.03
31,400 at 6.44%$197.23
31,400 at 6.45%$197.44
31,400 at 6.46%$197.64
31,400 at 6.47%$197.85
31,400 at 6.48%$198.06
31,400 at 6.49%$198.26
31,400 at 6.5%$198.47
Interest Rate 30 Year
31,400 at 6.51%$198.68
31,400 at 6.52%$198.88
31,400 at 6.53%$199.09
31,400 at 6.54%$199.30
31,400 at 6.55%$199.50
31,400 at 6.56%$199.71
31,400 at 6.57%$199.92
31,400 at 6.58%$200.12
31,400 at 6.59%$200.33
31,400 at 6.6%$200.54
31,400 at 6.61%$200.75
31,400 at 6.62%$200.95
31,400 at 6.63%$201.16
31,400 at 6.64%$201.37
31,400 at 6.65%$201.58
31,400 at 6.66%$201.78
31,400 at 6.67%$201.99
31,400 at 6.68%$202.20
31,400 at 6.69%$202.41
31,400 at 6.7%$202.62
31,400 at 6.71%$202.83
31,400 at 6.72%$203.03
31,400 at 6.73%$203.24
31,400 at 6.74%$203.45
31,400 at 6.75%$203.66
31,400 at 6.76%$203.87
31,400 at 6.77%$204.08
31,400 at 6.78%$204.29
31,400 at 6.79%$204.50
31,400 at 6.8%$204.70
31,400 at 6.81%$204.91
31,400 at 6.82%$205.12
31,400 at 6.83%$205.33
31,400 at 6.84%$205.54
31,400 at 6.85%$205.75
31,400 at 6.86%$205.96
31,400 at 6.87%$206.17
31,400 at 6.88%$206.38
31,400 at 6.89%$206.59
31,400 at 6.9%$206.80
31,400 at 6.91%$207.01
31,400 at 6.92%$207.22
31,400 at 6.93%$207.43
31,400 at 6.94%$207.64
31,400 at 6.95%$207.85
31,400 at 6.96%$208.06
31,400 at 6.97%$208.27
31,400 at 6.98%$208.48
31,400 at 6.99%$208.69
31,400 at 7%$208.90
31,400 at 7.01%$209.12
31,400 at 7.02%$209.33
31,400 at 7.03%$209.54
31,400 at 7.04%$209.75
31,400 at 7.05%$209.96
31,400 at 7.06%$210.17
31,400 at 7.07%$210.38
31,400 at 7.08%$210.59
31,400 at 7.09%$210.81
31,400 at 7.1%$211.02
31,400 at 7.11%$211.23
31,400 at 7.12%$211.44
31,400 at 7.13%$211.65
31,400 at 7.14%$211.87
31,400 at 7.15%$212.08
31,400 at 7.16%$212.29
31,400 at 7.17%$212.50
31,400 at 7.18%$212.71
31,400 at 7.19%$212.93
31,400 at 7.2%$213.14
31,400 at 7.21%$213.35
31,400 at 7.22%$213.56
31,400 at 7.23%$213.78
31,400 at 7.24%$213.99
31,400 at 7.25%$214.20
31,400 at 7.26%$214.42
31,400 at 7.27%$214.63
31,400 at 7.28%$214.84
31,400 at 7.29%$215.06
31,400 at 7.3%$215.27
31,400 at 7.31%$215.48
31,400 at 7.32%$215.70
31,400 at 7.33%$215.91
31,400 at 7.34%$216.12
31,400 at 7.35%$216.34
31,400 at 7.36%$216.55
31,400 at 7.37%$216.77
31,400 at 7.38%$216.98
31,400 at 7.39%$217.19
31,400 at 7.4%$217.41
31,400 at 7.41%$217.62
31,400 at 7.42%$217.84
31,400 at 7.43%$218.05
31,400 at 7.44%$218.26
31,400 at 7.45%$218.48
31,400 at 7.46%$218.69
31,400 at 7.47%$218.91
31,400 at 7.48%$219.12
31,400 at 7.49%$219.34
31,400 at 7.5%$219.55
31,400 at 7.51%$219.77
31,400 at 7.52%$219.98
31,400 at 7.53%$220.20
31,400 at 7.54%$220.41
31,400 at 7.55%$220.63
31,400 at 7.56%$220.84
31,400 at 7.57%$221.06
31,400 at 7.58%$221.28
31,400 at 7.59%$221.49
31,400 at 7.6%$221.71
31,400 at 7.61%$221.92
31,400 at 7.62%$222.14
31,400 at 7.63%$222.36
31,400 at 7.64%$222.57
31,400 at 7.65%$222.79
31,400 at 7.66%$223.00
31,400 at 7.67%$223.22
31,400 at 7.68%$223.44
31,400 at 7.69%$223.65
31,400 at 7.7%$223.87
31,400 at 7.71%$224.09
31,400 at 7.72%$224.30
31,400 at 7.73%$224.52
31,400 at 7.74%$224.74
31,400 at 7.75%$224.95
31,400 at 7.76%$225.17
31,400 at 7.77%$225.39
31,400 at 7.78%$225.60
31,400 at 7.79%$225.82
31,400 at 7.8%$226.04
31,400 at 7.81%$226.26
31,400 at 7.82%$226.47
31,400 at 7.83%$226.69
31,400 at 7.84%$226.91
31,400 at 7.85%$227.13
31,400 at 7.86%$227.34
31,400 at 7.87%$227.56
31,400 at 7.88%$227.78
31,400 at 7.89%$228.00
31,400 at 7.9%$228.22
31,400 at 7.91%$228.44
31,400 at 7.92%$228.65
31,400 at 7.93%$228.87
31,400 at 7.94%$229.09
31,400 at 7.95%$229.31
31,400 at 7.96%$229.53
31,400 at 7.97%$229.75
31,400 at 7.98%$229.96
31,400 at 7.99%$230.18
31,400 at 8%$230.40
More Amounts
What is the down payment for a $31,400 house? How much do you need to put down?
Percent Down Down Payment
1%314
2%628
3%942
4%1,256
5%1,570
6%1,884
7%2,198
8%2,512
9%2,826
10%3,140
11%3,454
12%3,768
13%4,082
14%4,396
15%4,710
16%5,024
17%5,338
18%5,652
19%5,966
20%6,280
Percent Down Down Payment
21%6,594
22%6,908
23%7,222
24%7,536
25%7,850
26%8,164
27%8,478
28%8,792
29%9,106
30%9,420
31%9,734
32%10,048
33%10,362
34%10,676
35%10,990
36%11,304
37%11,618
38%11,932
39%12,246
40%12,560
Percent Down Down Payment
41%12,874
42%13,188
43%13,502
44%13,816
45%14,130
46%14,444
47%14,758
48%15,072
49%15,386
50%15,700
51%16,014
52%16,328
53%16,642
54%16,956
55%17,270
56%17,584
57%17,898
58%18,212
59%18,526
60%18,840
Percent Down Down Payment
61%19,154
62%19,468
63%19,782
64%20,096
65%20,410
66%20,724
67%21,038
68%21,352
69%21,666
70%21,980
71%22,294
72%22,608
73%22,922
74%23,236
75%23,550
76%23,864
77%24,178
78%24,492
79%24,806
80%25,120
Percent Down Down Payment
81%25,434
82%25,748
83%26,062
84%26,376
85%26,690
86%27,004
87%27,318
88%27,632
89%27,946
90%28,260
91%28,574
92%28,888
93%29,202
94%29,516
95%29,830
96%30,144
97%30,458
98%30,772
99%31,086
100%31,400
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.