$37,600 Mortgage for 30 Years

What is the monthly payment of a 37,600 dollar loan?
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Loan Tables for a $37,600 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 38k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $37,600 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
37,600 at 2.01%$139.17
37,600 at 2.02%$139.35
37,600 at 2.03%$139.54
37,600 at 2.04%$139.73
37,600 at 2.05%$139.92
37,600 at 2.06%$140.11
37,600 at 2.07%$140.30
37,600 at 2.08%$140.49
37,600 at 2.09%$140.68
37,600 at 2.1%$140.86
37,600 at 2.11%$141.05
37,600 at 2.12%$141.24
37,600 at 2.13%$141.43
37,600 at 2.14%$141.62
37,600 at 2.15%$141.81
37,600 at 2.16%$142.00
37,600 at 2.17%$142.20
37,600 at 2.18%$142.39
37,600 at 2.19%$142.58
37,600 at 2.2%$142.77
37,600 at 2.21%$142.96
37,600 at 2.22%$143.15
37,600 at 2.23%$143.34
37,600 at 2.24%$143.53
37,600 at 2.25%$143.72
37,600 at 2.26%$143.92
37,600 at 2.27%$144.11
37,600 at 2.28%$144.30
37,600 at 2.29%$144.49
37,600 at 2.3%$144.69
37,600 at 2.31%$144.88
37,600 at 2.32%$145.07
37,600 at 2.33%$145.26
37,600 at 2.34%$145.46
37,600 at 2.35%$145.65
37,600 at 2.36%$145.84
37,600 at 2.37%$146.04
37,600 at 2.38%$146.23
37,600 at 2.39%$146.42
37,600 at 2.4%$146.62
37,600 at 2.41%$146.81
37,600 at 2.42%$147.01
37,600 at 2.43%$147.20
37,600 at 2.44%$147.40
37,600 at 2.45%$147.59
37,600 at 2.46%$147.78
37,600 at 2.47%$147.98
37,600 at 2.48%$148.17
37,600 at 2.49%$148.37
37,600 at 2.5%$148.57
37,600 at 2.51%$148.76
37,600 at 2.52%$148.96
37,600 at 2.53%$149.15
37,600 at 2.54%$149.35
37,600 at 2.55%$149.54
37,600 at 2.56%$149.74
37,600 at 2.57%$149.94
37,600 at 2.58%$150.13
37,600 at 2.59%$150.33
37,600 at 2.6%$150.53
37,600 at 2.61%$150.72
37,600 at 2.62%$150.92
37,600 at 2.63%$151.12
37,600 at 2.64%$151.32
37,600 at 2.65%$151.51
37,600 at 2.66%$151.71
37,600 at 2.67%$151.91
37,600 at 2.68%$152.11
37,600 at 2.69%$152.31
37,600 at 2.7%$152.50
37,600 at 2.71%$152.70
37,600 at 2.72%$152.90
37,600 at 2.73%$153.10
37,600 at 2.74%$153.30
37,600 at 2.75%$153.50
37,600 at 2.76%$153.70
37,600 at 2.77%$153.90
37,600 at 2.78%$154.10
37,600 at 2.79%$154.30
37,600 at 2.8%$154.50
37,600 at 2.81%$154.70
37,600 at 2.82%$154.90
37,600 at 2.83%$155.10
37,600 at 2.84%$155.30
37,600 at 2.85%$155.50
37,600 at 2.86%$155.70
37,600 at 2.87%$155.90
37,600 at 2.88%$156.10
37,600 at 2.89%$156.30
37,600 at 2.9%$156.50
37,600 at 2.91%$156.70
37,600 at 2.92%$156.91
37,600 at 2.93%$157.11
37,600 at 2.94%$157.31
37,600 at 2.95%$157.51
37,600 at 2.96%$157.71
37,600 at 2.97%$157.92
37,600 at 2.98%$158.12
37,600 at 2.99%$158.32
37,600 at 3%$158.52
37,600 at 3.01%$158.73
37,600 at 3.02%$158.93
37,600 at 3.03%$159.13
37,600 at 3.04%$159.34
37,600 at 3.05%$159.54
37,600 at 3.06%$159.74
37,600 at 3.07%$159.95
37,600 at 3.08%$160.15
37,600 at 3.09%$160.35
37,600 at 3.1%$160.56
37,600 at 3.11%$160.76
37,600 at 3.12%$160.97
37,600 at 3.13%$161.17
37,600 at 3.14%$161.38
37,600 at 3.15%$161.58
37,600 at 3.16%$161.79
37,600 at 3.17%$161.99
37,600 at 3.18%$162.20
37,600 at 3.19%$162.40
37,600 at 3.2%$162.61
37,600 at 3.21%$162.81
37,600 at 3.22%$163.02
37,600 at 3.23%$163.23
37,600 at 3.24%$163.43
37,600 at 3.25%$163.64
37,600 at 3.26%$163.84
37,600 at 3.27%$164.05
37,600 at 3.28%$164.26
37,600 at 3.29%$164.46
37,600 at 3.3%$164.67
37,600 at 3.31%$164.88
37,600 at 3.32%$165.09
37,600 at 3.33%$165.29
37,600 at 3.34%$165.50
37,600 at 3.35%$165.71
37,600 at 3.36%$165.92
37,600 at 3.37%$166.12
37,600 at 3.38%$166.33
37,600 at 3.39%$166.54
37,600 at 3.4%$166.75
37,600 at 3.41%$166.96
37,600 at 3.42%$167.17
37,600 at 3.43%$167.38
37,600 at 3.44%$167.58
37,600 at 3.45%$167.79
37,600 at 3.46%$168.00
37,600 at 3.47%$168.21
37,600 at 3.48%$168.42
37,600 at 3.49%$168.63
37,600 at 3.5%$168.84
Interest Rate 30 Year
37,600 at 3.51%$169.05
37,600 at 3.52%$169.26
37,600 at 3.53%$169.47
37,600 at 3.54%$169.68
37,600 at 3.55%$169.89
37,600 at 3.56%$170.10
37,600 at 3.57%$170.31
37,600 at 3.58%$170.52
37,600 at 3.59%$170.74
37,600 at 3.6%$170.95
37,600 at 3.61%$171.16
37,600 at 3.62%$171.37
37,600 at 3.63%$171.58
37,600 at 3.64%$171.79
37,600 at 3.65%$172.00
37,600 at 3.66%$172.22
37,600 at 3.67%$172.43
37,600 at 3.68%$172.64
37,600 at 3.69%$172.85
37,600 at 3.7%$173.07
37,600 at 3.71%$173.28
37,600 at 3.72%$173.49
37,600 at 3.73%$173.71
37,600 at 3.74%$173.92
37,600 at 3.75%$174.13
37,600 at 3.76%$174.34
37,600 at 3.77%$174.56
37,600 at 3.78%$174.77
37,600 at 3.79%$174.99
37,600 at 3.8%$175.20
37,600 at 3.81%$175.41
37,600 at 3.82%$175.63
37,600 at 3.83%$175.84
37,600 at 3.84%$176.06
37,600 at 3.85%$176.27
37,600 at 3.86%$176.49
37,600 at 3.87%$176.70
37,600 at 3.88%$176.92
37,600 at 3.89%$177.13
37,600 at 3.9%$177.35
37,600 at 3.91%$177.56
37,600 at 3.92%$177.78
37,600 at 3.93%$177.99
37,600 at 3.94%$178.21
37,600 at 3.95%$178.43
37,600 at 3.96%$178.64
37,600 at 3.97%$178.86
37,600 at 3.98%$179.07
37,600 at 3.99%$179.29
37,600 at 4%$179.51
37,600 at 4.01%$179.72
37,600 at 4.02%$179.94
37,600 at 4.03%$180.16
37,600 at 4.04%$180.38
37,600 at 4.05%$180.59
37,600 at 4.06%$180.81
37,600 at 4.07%$181.03
37,600 at 4.08%$181.25
37,600 at 4.09%$181.46
37,600 at 4.1%$181.68
37,600 at 4.11%$181.90
37,600 at 4.12%$182.12
37,600 at 4.13%$182.34
37,600 at 4.14%$182.56
37,600 at 4.15%$182.77
37,600 at 4.16%$182.99
37,600 at 4.17%$183.21
37,600 at 4.18%$183.43
37,600 at 4.19%$183.65
37,600 at 4.2%$183.87
37,600 at 4.21%$184.09
37,600 at 4.22%$184.31
37,600 at 4.23%$184.53
37,600 at 4.24%$184.75
37,600 at 4.25%$184.97
37,600 at 4.26%$185.19
37,600 at 4.27%$185.41
37,600 at 4.28%$185.63
37,600 at 4.29%$185.85
37,600 at 4.3%$186.07
37,600 at 4.31%$186.29
37,600 at 4.32%$186.51
37,600 at 4.33%$186.73
37,600 at 4.34%$186.96
37,600 at 4.35%$187.18
37,600 at 4.36%$187.40
37,600 at 4.37%$187.62
37,600 at 4.38%$187.84
37,600 at 4.39%$188.06
37,600 at 4.4%$188.29
37,600 at 4.41%$188.51
37,600 at 4.42%$188.73
37,600 at 4.43%$188.95
37,600 at 4.44%$189.18
37,600 at 4.45%$189.40
37,600 at 4.46%$189.62
37,600 at 4.47%$189.84
37,600 at 4.48%$190.07
37,600 at 4.49%$190.29
37,600 at 4.5%$190.51
37,600 at 4.51%$190.74
37,600 at 4.52%$190.96
37,600 at 4.53%$191.18
37,600 at 4.54%$191.41
37,600 at 4.55%$191.63
37,600 at 4.56%$191.86
37,600 at 4.57%$192.08
37,600 at 4.58%$192.31
37,600 at 4.59%$192.53
37,600 at 4.6%$192.75
37,600 at 4.61%$192.98
37,600 at 4.62%$193.20
37,600 at 4.63%$193.43
37,600 at 4.64%$193.65
37,600 at 4.65%$193.88
37,600 at 4.66%$194.10
37,600 at 4.67%$194.33
37,600 at 4.68%$194.56
37,600 at 4.69%$194.78
37,600 at 4.7%$195.01
37,600 at 4.71%$195.23
37,600 at 4.72%$195.46
37,600 at 4.73%$195.69
37,600 at 4.74%$195.91
37,600 at 4.75%$196.14
37,600 at 4.76%$196.37
37,600 at 4.77%$196.59
37,600 at 4.78%$196.82
37,600 at 4.79%$197.05
37,600 at 4.8%$197.27
37,600 at 4.81%$197.50
37,600 at 4.82%$197.73
37,600 at 4.83%$197.96
37,600 at 4.84%$198.18
37,600 at 4.85%$198.41
37,600 at 4.86%$198.64
37,600 at 4.87%$198.87
37,600 at 4.88%$199.10
37,600 at 4.89%$199.32
37,600 at 4.9%$199.55
37,600 at 4.91%$199.78
37,600 at 4.92%$200.01
37,600 at 4.93%$200.24
37,600 at 4.94%$200.47
37,600 at 4.95%$200.70
37,600 at 4.96%$200.93
37,600 at 4.97%$201.16
37,600 at 4.98%$201.39
37,600 at 4.99%$201.62
37,600 at 5%$201.84
Interest Rate 30 Year
37,600 at 5.01%$202.07
37,600 at 5.02%$202.30
37,600 at 5.03%$202.53
37,600 at 5.04%$202.77
37,600 at 5.05%$203.00
37,600 at 5.06%$203.23
37,600 at 5.07%$203.46
37,600 at 5.08%$203.69
37,600 at 5.09%$203.92
37,600 at 5.1%$204.15
37,600 at 5.11%$204.38
37,600 at 5.12%$204.61
37,600 at 5.13%$204.84
37,600 at 5.14%$205.07
37,600 at 5.15%$205.31
37,600 at 5.16%$205.54
37,600 at 5.17%$205.77
37,600 at 5.18%$206.00
37,600 at 5.19%$206.23
37,600 at 5.2%$206.47
37,600 at 5.21%$206.70
37,600 at 5.22%$206.93
37,600 at 5.23%$207.16
37,600 at 5.24%$207.40
37,600 at 5.25%$207.63
37,600 at 5.26%$207.86
37,600 at 5.27%$208.09
37,600 at 5.28%$208.33
37,600 at 5.29%$208.56
37,600 at 5.3%$208.79
37,600 at 5.31%$209.03
37,600 at 5.32%$209.26
37,600 at 5.33%$209.50
37,600 at 5.34%$209.73
37,600 at 5.35%$209.96
37,600 at 5.36%$210.20
37,600 at 5.37%$210.43
37,600 at 5.38%$210.67
37,600 at 5.39%$210.90
37,600 at 5.4%$211.14
37,600 at 5.41%$211.37
37,600 at 5.42%$211.61
37,600 at 5.43%$211.84
37,600 at 5.44%$212.08
37,600 at 5.45%$212.31
37,600 at 5.46%$212.55
37,600 at 5.47%$212.78
37,600 at 5.48%$213.02
37,600 at 5.49%$213.25
37,600 at 5.5%$213.49
37,600 at 5.51%$213.72
37,600 at 5.52%$213.96
37,600 at 5.53%$214.20
37,600 at 5.54%$214.43
37,600 at 5.55%$214.67
37,600 at 5.56%$214.91
37,600 at 5.57%$215.14
37,600 at 5.58%$215.38
37,600 at 5.59%$215.62
37,600 at 5.6%$215.85
37,600 at 5.61%$216.09
37,600 at 5.62%$216.33
37,600 at 5.63%$216.57
37,600 at 5.64%$216.80
37,600 at 5.65%$217.04
37,600 at 5.66%$217.28
37,600 at 5.67%$217.52
37,600 at 5.68%$217.75
37,600 at 5.69%$217.99
37,600 at 5.7%$218.23
37,600 at 5.71%$218.47
37,600 at 5.72%$218.71
37,600 at 5.73%$218.95
37,600 at 5.74%$219.18
37,600 at 5.75%$219.42
37,600 at 5.76%$219.66
37,600 at 5.77%$219.90
37,600 at 5.78%$220.14
37,600 at 5.79%$220.38
37,600 at 5.8%$220.62
37,600 at 5.81%$220.86
37,600 at 5.82%$221.10
37,600 at 5.83%$221.34
37,600 at 5.84%$221.58
37,600 at 5.85%$221.82
37,600 at 5.86%$222.06
37,600 at 5.87%$222.30
37,600 at 5.88%$222.54
37,600 at 5.89%$222.78
37,600 at 5.9%$223.02
37,600 at 5.91%$223.26
37,600 at 5.92%$223.50
37,600 at 5.93%$223.74
37,600 at 5.94%$223.98
37,600 at 5.95%$224.22
37,600 at 5.96%$224.46
37,600 at 5.97%$224.71
37,600 at 5.98%$224.95
37,600 at 5.99%$225.19
37,600 at 6%$225.43
37,600 at 6.01%$225.67
37,600 at 6.02%$225.91
37,600 at 6.03%$226.16
37,600 at 6.04%$226.40
37,600 at 6.05%$226.64
37,600 at 6.06%$226.88
37,600 at 6.07%$227.13
37,600 at 6.08%$227.37
37,600 at 6.09%$227.61
37,600 at 6.1%$227.85
37,600 at 6.11%$228.10
37,600 at 6.12%$228.34
37,600 at 6.13%$228.58
37,600 at 6.14%$228.83
37,600 at 6.15%$229.07
37,600 at 6.16%$229.31
37,600 at 6.17%$229.56
37,600 at 6.18%$229.80
37,600 at 6.19%$230.04
37,600 at 6.2%$230.29
37,600 at 6.21%$230.53
37,600 at 6.22%$230.78
37,600 at 6.23%$231.02
37,600 at 6.24%$231.27
37,600 at 6.25%$231.51
37,600 at 6.26%$231.75
37,600 at 6.27%$232.00
37,600 at 6.28%$232.24
37,600 at 6.29%$232.49
37,600 at 6.3%$232.73
37,600 at 6.31%$232.98
37,600 at 6.32%$233.22
37,600 at 6.33%$233.47
37,600 at 6.34%$233.72
37,600 at 6.35%$233.96
37,600 at 6.36%$234.21
37,600 at 6.37%$234.45
37,600 at 6.38%$234.70
37,600 at 6.39%$234.94
37,600 at 6.4%$235.19
37,600 at 6.41%$235.44
37,600 at 6.42%$235.68
37,600 at 6.43%$235.93
37,600 at 6.44%$236.18
37,600 at 6.45%$236.42
37,600 at 6.46%$236.67
37,600 at 6.47%$236.92
37,600 at 6.48%$237.16
37,600 at 6.49%$237.41
37,600 at 6.5%$237.66
Interest Rate 30 Year
37,600 at 6.51%$237.90
37,600 at 6.52%$238.15
37,600 at 6.53%$238.40
37,600 at 6.54%$238.65
37,600 at 6.55%$238.90
37,600 at 6.56%$239.14
37,600 at 6.57%$239.39
37,600 at 6.58%$239.64
37,600 at 6.59%$239.89
37,600 at 6.6%$240.14
37,600 at 6.61%$240.38
37,600 at 6.62%$240.63
37,600 at 6.63%$240.88
37,600 at 6.64%$241.13
37,600 at 6.65%$241.38
37,600 at 6.66%$241.63
37,600 at 6.67%$241.88
37,600 at 6.68%$242.13
37,600 at 6.69%$242.38
37,600 at 6.7%$242.62
37,600 at 6.71%$242.87
37,600 at 6.72%$243.12
37,600 at 6.73%$243.37
37,600 at 6.74%$243.62
37,600 at 6.75%$243.87
37,600 at 6.76%$244.12
37,600 at 6.77%$244.37
37,600 at 6.78%$244.62
37,600 at 6.79%$244.87
37,600 at 6.8%$245.12
37,600 at 6.81%$245.37
37,600 at 6.82%$245.62
37,600 at 6.83%$245.88
37,600 at 6.84%$246.13
37,600 at 6.85%$246.38
37,600 at 6.86%$246.63
37,600 at 6.87%$246.88
37,600 at 6.88%$247.13
37,600 at 6.89%$247.38
37,600 at 6.9%$247.63
37,600 at 6.91%$247.89
37,600 at 6.92%$248.14
37,600 at 6.93%$248.39
37,600 at 6.94%$248.64
37,600 at 6.95%$248.89
37,600 at 6.96%$249.14
37,600 at 6.97%$249.40
37,600 at 6.98%$249.65
37,600 at 6.99%$249.90
37,600 at 7%$250.15
37,600 at 7.01%$250.41
37,600 at 7.02%$250.66
37,600 at 7.03%$250.91
37,600 at 7.04%$251.16
37,600 at 7.05%$251.42
37,600 at 7.06%$251.67
37,600 at 7.07%$251.92
37,600 at 7.08%$252.18
37,600 at 7.09%$252.43
37,600 at 7.1%$252.68
37,600 at 7.11%$252.94
37,600 at 7.12%$253.19
37,600 at 7.13%$253.45
37,600 at 7.14%$253.70
37,600 at 7.15%$253.95
37,600 at 7.16%$254.21
37,600 at 7.17%$254.46
37,600 at 7.18%$254.72
37,600 at 7.19%$254.97
37,600 at 7.2%$255.22
37,600 at 7.21%$255.48
37,600 at 7.22%$255.73
37,600 at 7.23%$255.99
37,600 at 7.24%$256.24
37,600 at 7.25%$256.50
37,600 at 7.26%$256.75
37,600 at 7.27%$257.01
37,600 at 7.28%$257.26
37,600 at 7.29%$257.52
37,600 at 7.3%$257.77
37,600 at 7.31%$258.03
37,600 at 7.32%$258.29
37,600 at 7.33%$258.54
37,600 at 7.34%$258.80
37,600 at 7.35%$259.05
37,600 at 7.36%$259.31
37,600 at 7.37%$259.57
37,600 at 7.38%$259.82
37,600 at 7.39%$260.08
37,600 at 7.4%$260.33
37,600 at 7.41%$260.59
37,600 at 7.42%$260.85
37,600 at 7.43%$261.10
37,600 at 7.44%$261.36
37,600 at 7.45%$261.62
37,600 at 7.46%$261.88
37,600 at 7.47%$262.13
37,600 at 7.48%$262.39
37,600 at 7.49%$262.65
37,600 at 7.5%$262.90
37,600 at 7.51%$263.16
37,600 at 7.52%$263.42
37,600 at 7.53%$263.68
37,600 at 7.54%$263.94
37,600 at 7.55%$264.19
37,600 at 7.56%$264.45
37,600 at 7.57%$264.71
37,600 at 7.58%$264.97
37,600 at 7.59%$265.23
37,600 at 7.6%$265.48
37,600 at 7.61%$265.74
37,600 at 7.62%$266.00
37,600 at 7.63%$266.26
37,600 at 7.64%$266.52
37,600 at 7.65%$266.78
37,600 at 7.66%$267.04
37,600 at 7.67%$267.30
37,600 at 7.68%$267.55
37,600 at 7.69%$267.81
37,600 at 7.7%$268.07
37,600 at 7.71%$268.33
37,600 at 7.72%$268.59
37,600 at 7.73%$268.85
37,600 at 7.74%$269.11
37,600 at 7.75%$269.37
37,600 at 7.76%$269.63
37,600 at 7.77%$269.89
37,600 at 7.78%$270.15
37,600 at 7.79%$270.41
37,600 at 7.8%$270.67
37,600 at 7.81%$270.93
37,600 at 7.82%$271.19
37,600 at 7.83%$271.45
37,600 at 7.84%$271.71
37,600 at 7.85%$271.97
37,600 at 7.86%$272.23
37,600 at 7.87%$272.50
37,600 at 7.88%$272.76
37,600 at 7.89%$273.02
37,600 at 7.9%$273.28
37,600 at 7.91%$273.54
37,600 at 7.92%$273.80
37,600 at 7.93%$274.06
37,600 at 7.94%$274.32
37,600 at 7.95%$274.59
37,600 at 7.96%$274.85
37,600 at 7.97%$275.11
37,600 at 7.98%$275.37
37,600 at 7.99%$275.63
37,600 at 8%$275.90
More Amounts
What is the down payment for a $37,600 house? How much do you need to put down?
Percent Down Down Payment
1%376
2%752
3%1,128
4%1,504
5%1,880
6%2,256
7%2,632
8%3,008
9%3,384
10%3,760
11%4,136
12%4,512
13%4,888
14%5,264
15%5,640
16%6,016
17%6,392
18%6,768
19%7,144
20%7,520
Percent Down Down Payment
21%7,896
22%8,272
23%8,648
24%9,024
25%9,400
26%9,776
27%10,152
28%10,528
29%10,904
30%11,280
31%11,656
32%12,032
33%12,408
34%12,784
35%13,160
36%13,536
37%13,912
38%14,288
39%14,664
40%15,040
Percent Down Down Payment
41%15,416
42%15,792
43%16,168
44%16,544
45%16,920
46%17,296
47%17,672
48%18,048
49%18,424
50%18,800
51%19,176
52%19,552
53%19,928
54%20,304
55%20,680
56%21,056
57%21,432
58%21,808
59%22,184
60%22,560
Percent Down Down Payment
61%22,936
62%23,312
63%23,688
64%24,064
65%24,440
66%24,816
67%25,192
68%25,568
69%25,944
70%26,320
71%26,696
72%27,072
73%27,448
74%27,824
75%28,200
76%28,576
77%28,952
78%29,328
79%29,704
80%30,080
Percent Down Down Payment
81%30,456
82%30,832
83%31,208
84%31,584
85%31,960
86%32,336
87%32,712
88%33,088
89%33,464
90%33,840
91%34,216
92%34,592
93%34,968
94%35,344
95%35,720
96%36,096
97%36,472
98%36,848
99%37,224
100%37,600
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.