$37,750 Mortgage for 30 Years

What is the monthly payment of a 37,750 dollar loan?
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Loan Tables for a $37,750 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 $37,750 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
37,750 at 2.01%$139.72
37,750 at 2.02%$139.91
37,750 at 2.03%$140.10
37,750 at 2.04%$140.29
37,750 at 2.05%$140.48
37,750 at 2.06%$140.67
37,750 at 2.07%$140.86
37,750 at 2.08%$141.05
37,750 at 2.09%$141.24
37,750 at 2.1%$141.43
37,750 at 2.11%$141.62
37,750 at 2.12%$141.81
37,750 at 2.13%$142.00
37,750 at 2.14%$142.19
37,750 at 2.15%$142.38
37,750 at 2.16%$142.57
37,750 at 2.17%$142.76
37,750 at 2.18%$142.95
37,750 at 2.19%$143.15
37,750 at 2.2%$143.34
37,750 at 2.21%$143.53
37,750 at 2.22%$143.72
37,750 at 2.23%$143.91
37,750 at 2.24%$144.11
37,750 at 2.25%$144.30
37,750 at 2.26%$144.49
37,750 at 2.27%$144.68
37,750 at 2.28%$144.88
37,750 at 2.29%$145.07
37,750 at 2.3%$145.26
37,750 at 2.31%$145.46
37,750 at 2.32%$145.65
37,750 at 2.33%$145.84
37,750 at 2.34%$146.04
37,750 at 2.35%$146.23
37,750 at 2.36%$146.42
37,750 at 2.37%$146.62
37,750 at 2.38%$146.81
37,750 at 2.39%$147.01
37,750 at 2.4%$147.20
37,750 at 2.41%$147.40
37,750 at 2.42%$147.59
37,750 at 2.43%$147.79
37,750 at 2.44%$147.98
37,750 at 2.45%$148.18
37,750 at 2.46%$148.37
37,750 at 2.47%$148.57
37,750 at 2.48%$148.77
37,750 at 2.49%$148.96
37,750 at 2.5%$149.16
37,750 at 2.51%$149.35
37,750 at 2.52%$149.55
37,750 at 2.53%$149.75
37,750 at 2.54%$149.94
37,750 at 2.55%$150.14
37,750 at 2.56%$150.34
37,750 at 2.57%$150.54
37,750 at 2.58%$150.73
37,750 at 2.59%$150.93
37,750 at 2.6%$151.13
37,750 at 2.61%$151.33
37,750 at 2.62%$151.52
37,750 at 2.63%$151.72
37,750 at 2.64%$151.92
37,750 at 2.65%$152.12
37,750 at 2.66%$152.32
37,750 at 2.67%$152.52
37,750 at 2.68%$152.71
37,750 at 2.69%$152.91
37,750 at 2.7%$153.11
37,750 at 2.71%$153.31
37,750 at 2.72%$153.51
37,750 at 2.73%$153.71
37,750 at 2.74%$153.91
37,750 at 2.75%$154.11
37,750 at 2.76%$154.31
37,750 at 2.77%$154.51
37,750 at 2.78%$154.71
37,750 at 2.79%$154.91
37,750 at 2.8%$155.11
37,750 at 2.81%$155.31
37,750 at 2.82%$155.51
37,750 at 2.83%$155.72
37,750 at 2.84%$155.92
37,750 at 2.85%$156.12
37,750 at 2.86%$156.32
37,750 at 2.87%$156.52
37,750 at 2.88%$156.72
37,750 at 2.89%$156.92
37,750 at 2.9%$157.13
37,750 at 2.91%$157.33
37,750 at 2.92%$157.53
37,750 at 2.93%$157.73
37,750 at 2.94%$157.94
37,750 at 2.95%$158.14
37,750 at 2.96%$158.34
37,750 at 2.97%$158.55
37,750 at 2.98%$158.75
37,750 at 2.99%$158.95
37,750 at 3%$159.16
37,750 at 3.01%$159.36
37,750 at 3.02%$159.56
37,750 at 3.03%$159.77
37,750 at 3.04%$159.97
37,750 at 3.05%$160.18
37,750 at 3.06%$160.38
37,750 at 3.07%$160.58
37,750 at 3.08%$160.79
37,750 at 3.09%$160.99
37,750 at 3.1%$161.20
37,750 at 3.11%$161.40
37,750 at 3.12%$161.61
37,750 at 3.13%$161.81
37,750 at 3.14%$162.02
37,750 at 3.15%$162.23
37,750 at 3.16%$162.43
37,750 at 3.17%$162.64
37,750 at 3.18%$162.84
37,750 at 3.19%$163.05
37,750 at 3.2%$163.26
37,750 at 3.21%$163.46
37,750 at 3.22%$163.67
37,750 at 3.23%$163.88
37,750 at 3.24%$164.08
37,750 at 3.25%$164.29
37,750 at 3.26%$164.50
37,750 at 3.27%$164.71
37,750 at 3.28%$164.91
37,750 at 3.29%$165.12
37,750 at 3.3%$165.33
37,750 at 3.31%$165.54
37,750 at 3.32%$165.74
37,750 at 3.33%$165.95
37,750 at 3.34%$166.16
37,750 at 3.35%$166.37
37,750 at 3.36%$166.58
37,750 at 3.37%$166.79
37,750 at 3.38%$167.00
37,750 at 3.39%$167.20
37,750 at 3.4%$167.41
37,750 at 3.41%$167.62
37,750 at 3.42%$167.83
37,750 at 3.43%$168.04
37,750 at 3.44%$168.25
37,750 at 3.45%$168.46
37,750 at 3.46%$168.67
37,750 at 3.47%$168.88
37,750 at 3.48%$169.09
37,750 at 3.49%$169.30
37,750 at 3.5%$169.51
Interest Rate 30 Year
37,750 at 3.51%$169.73
37,750 at 3.52%$169.94
37,750 at 3.53%$170.15
37,750 at 3.54%$170.36
37,750 at 3.55%$170.57
37,750 at 3.56%$170.78
37,750 at 3.57%$170.99
37,750 at 3.58%$171.20
37,750 at 3.59%$171.42
37,750 at 3.6%$171.63
37,750 at 3.61%$171.84
37,750 at 3.62%$172.05
37,750 at 3.63%$172.27
37,750 at 3.64%$172.48
37,750 at 3.65%$172.69
37,750 at 3.66%$172.90
37,750 at 3.67%$173.12
37,750 at 3.68%$173.33
37,750 at 3.69%$173.54
37,750 at 3.7%$173.76
37,750 at 3.71%$173.97
37,750 at 3.72%$174.18
37,750 at 3.73%$174.40
37,750 at 3.74%$174.61
37,750 at 3.75%$174.83
37,750 at 3.76%$175.04
37,750 at 3.77%$175.25
37,750 at 3.78%$175.47
37,750 at 3.79%$175.68
37,750 at 3.8%$175.90
37,750 at 3.81%$176.11
37,750 at 3.82%$176.33
37,750 at 3.83%$176.54
37,750 at 3.84%$176.76
37,750 at 3.85%$176.98
37,750 at 3.86%$177.19
37,750 at 3.87%$177.41
37,750 at 3.88%$177.62
37,750 at 3.89%$177.84
37,750 at 3.9%$178.05
37,750 at 3.91%$178.27
37,750 at 3.92%$178.49
37,750 at 3.93%$178.70
37,750 at 3.94%$178.92
37,750 at 3.95%$179.14
37,750 at 3.96%$179.35
37,750 at 3.97%$179.57
37,750 at 3.98%$179.79
37,750 at 3.99%$180.01
37,750 at 4%$180.22
37,750 at 4.01%$180.44
37,750 at 4.02%$180.66
37,750 at 4.03%$180.88
37,750 at 4.04%$181.10
37,750 at 4.05%$181.31
37,750 at 4.06%$181.53
37,750 at 4.07%$181.75
37,750 at 4.08%$181.97
37,750 at 4.09%$182.19
37,750 at 4.1%$182.41
37,750 at 4.11%$182.63
37,750 at 4.12%$182.85
37,750 at 4.13%$183.06
37,750 at 4.14%$183.28
37,750 at 4.15%$183.50
37,750 at 4.16%$183.72
37,750 at 4.17%$183.94
37,750 at 4.18%$184.16
37,750 at 4.19%$184.38
37,750 at 4.2%$184.60
37,750 at 4.21%$184.82
37,750 at 4.22%$185.04
37,750 at 4.23%$185.27
37,750 at 4.24%$185.49
37,750 at 4.25%$185.71
37,750 at 4.26%$185.93
37,750 at 4.27%$186.15
37,750 at 4.28%$186.37
37,750 at 4.29%$186.59
37,750 at 4.3%$186.81
37,750 at 4.31%$187.04
37,750 at 4.32%$187.26
37,750 at 4.33%$187.48
37,750 at 4.34%$187.70
37,750 at 4.35%$187.92
37,750 at 4.36%$188.15
37,750 at 4.37%$188.37
37,750 at 4.38%$188.59
37,750 at 4.39%$188.81
37,750 at 4.4%$189.04
37,750 at 4.41%$189.26
37,750 at 4.42%$189.48
37,750 at 4.43%$189.71
37,750 at 4.44%$189.93
37,750 at 4.45%$190.15
37,750 at 4.46%$190.38
37,750 at 4.47%$190.60
37,750 at 4.48%$190.83
37,750 at 4.49%$191.05
37,750 at 4.5%$191.27
37,750 at 4.51%$191.50
37,750 at 4.52%$191.72
37,750 at 4.53%$191.95
37,750 at 4.54%$192.17
37,750 at 4.55%$192.40
37,750 at 4.56%$192.62
37,750 at 4.57%$192.85
37,750 at 4.58%$193.07
37,750 at 4.59%$193.30
37,750 at 4.6%$193.52
37,750 at 4.61%$193.75
37,750 at 4.62%$193.97
37,750 at 4.63%$194.20
37,750 at 4.64%$194.43
37,750 at 4.65%$194.65
37,750 at 4.66%$194.88
37,750 at 4.67%$195.11
37,750 at 4.68%$195.33
37,750 at 4.69%$195.56
37,750 at 4.7%$195.79
37,750 at 4.71%$196.01
37,750 at 4.72%$196.24
37,750 at 4.73%$196.47
37,750 at 4.74%$196.69
37,750 at 4.75%$196.92
37,750 at 4.76%$197.15
37,750 at 4.77%$197.38
37,750 at 4.78%$197.61
37,750 at 4.79%$197.83
37,750 at 4.8%$198.06
37,750 at 4.81%$198.29
37,750 at 4.82%$198.52
37,750 at 4.83%$198.75
37,750 at 4.84%$198.97
37,750 at 4.85%$199.20
37,750 at 4.86%$199.43
37,750 at 4.87%$199.66
37,750 at 4.88%$199.89
37,750 at 4.89%$200.12
37,750 at 4.9%$200.35
37,750 at 4.91%$200.58
37,750 at 4.92%$200.81
37,750 at 4.93%$201.04
37,750 at 4.94%$201.27
37,750 at 4.95%$201.50
37,750 at 4.96%$201.73
37,750 at 4.97%$201.96
37,750 at 4.98%$202.19
37,750 at 4.99%$202.42
37,750 at 5%$202.65
Interest Rate 30 Year
37,750 at 5.01%$202.88
37,750 at 5.02%$203.11
37,750 at 5.03%$203.34
37,750 at 5.04%$203.57
37,750 at 5.05%$203.81
37,750 at 5.06%$204.04
37,750 at 5.07%$204.27
37,750 at 5.08%$204.50
37,750 at 5.09%$204.73
37,750 at 5.1%$204.96
37,750 at 5.11%$205.20
37,750 at 5.12%$205.43
37,750 at 5.13%$205.66
37,750 at 5.14%$205.89
37,750 at 5.15%$206.12
37,750 at 5.16%$206.36
37,750 at 5.17%$206.59
37,750 at 5.18%$206.82
37,750 at 5.19%$207.06
37,750 at 5.2%$207.29
37,750 at 5.21%$207.52
37,750 at 5.22%$207.76
37,750 at 5.23%$207.99
37,750 at 5.24%$208.22
37,750 at 5.25%$208.46
37,750 at 5.26%$208.69
37,750 at 5.27%$208.92
37,750 at 5.28%$209.16
37,750 at 5.29%$209.39
37,750 at 5.3%$209.63
37,750 at 5.31%$209.86
37,750 at 5.32%$210.10
37,750 at 5.33%$210.33
37,750 at 5.34%$210.57
37,750 at 5.35%$210.80
37,750 at 5.36%$211.04
37,750 at 5.37%$211.27
37,750 at 5.38%$211.51
37,750 at 5.39%$211.74
37,750 at 5.4%$211.98
37,750 at 5.41%$212.21
37,750 at 5.42%$212.45
37,750 at 5.43%$212.69
37,750 at 5.44%$212.92
37,750 at 5.45%$213.16
37,750 at 5.46%$213.39
37,750 at 5.47%$213.63
37,750 at 5.48%$213.87
37,750 at 5.49%$214.10
37,750 at 5.5%$214.34
37,750 at 5.51%$214.58
37,750 at 5.52%$214.81
37,750 at 5.53%$215.05
37,750 at 5.54%$215.29
37,750 at 5.55%$215.53
37,750 at 5.56%$215.76
37,750 at 5.57%$216.00
37,750 at 5.58%$216.24
37,750 at 5.59%$216.48
37,750 at 5.6%$216.71
37,750 at 5.61%$216.95
37,750 at 5.62%$217.19
37,750 at 5.63%$217.43
37,750 at 5.64%$217.67
37,750 at 5.65%$217.91
37,750 at 5.66%$218.15
37,750 at 5.67%$218.38
37,750 at 5.68%$218.62
37,750 at 5.69%$218.86
37,750 at 5.7%$219.10
37,750 at 5.71%$219.34
37,750 at 5.72%$219.58
37,750 at 5.73%$219.82
37,750 at 5.74%$220.06
37,750 at 5.75%$220.30
37,750 at 5.76%$220.54
37,750 at 5.77%$220.78
37,750 at 5.78%$221.02
37,750 at 5.79%$221.26
37,750 at 5.8%$221.50
37,750 at 5.81%$221.74
37,750 at 5.82%$221.98
37,750 at 5.83%$222.22
37,750 at 5.84%$222.46
37,750 at 5.85%$222.70
37,750 at 5.86%$222.94
37,750 at 5.87%$223.18
37,750 at 5.88%$223.43
37,750 at 5.89%$223.67
37,750 at 5.9%$223.91
37,750 at 5.91%$224.15
37,750 at 5.92%$224.39
37,750 at 5.93%$224.63
37,750 at 5.94%$224.88
37,750 at 5.95%$225.12
37,750 at 5.96%$225.36
37,750 at 5.97%$225.60
37,750 at 5.98%$225.85
37,750 at 5.99%$226.09
37,750 at 6%$226.33
37,750 at 6.01%$226.57
37,750 at 6.02%$226.82
37,750 at 6.03%$227.06
37,750 at 6.04%$227.30
37,750 at 6.05%$227.55
37,750 at 6.06%$227.79
37,750 at 6.07%$228.03
37,750 at 6.08%$228.28
37,750 at 6.09%$228.52
37,750 at 6.1%$228.76
37,750 at 6.11%$229.01
37,750 at 6.12%$229.25
37,750 at 6.13%$229.50
37,750 at 6.14%$229.74
37,750 at 6.15%$229.98
37,750 at 6.16%$230.23
37,750 at 6.17%$230.47
37,750 at 6.18%$230.72
37,750 at 6.19%$230.96
37,750 at 6.2%$231.21
37,750 at 6.21%$231.45
37,750 at 6.22%$231.70
37,750 at 6.23%$231.94
37,750 at 6.24%$232.19
37,750 at 6.25%$232.43
37,750 at 6.26%$232.68
37,750 at 6.27%$232.92
37,750 at 6.28%$233.17
37,750 at 6.29%$233.42
37,750 at 6.3%$233.66
37,750 at 6.31%$233.91
37,750 at 6.32%$234.15
37,750 at 6.33%$234.40
37,750 at 6.34%$234.65
37,750 at 6.35%$234.89
37,750 at 6.36%$235.14
37,750 at 6.37%$235.39
37,750 at 6.38%$235.63
37,750 at 6.39%$235.88
37,750 at 6.4%$236.13
37,750 at 6.41%$236.38
37,750 at 6.42%$236.62
37,750 at 6.43%$236.87
37,750 at 6.44%$237.12
37,750 at 6.45%$237.37
37,750 at 6.46%$237.61
37,750 at 6.47%$237.86
37,750 at 6.48%$238.11
37,750 at 6.49%$238.36
37,750 at 6.5%$238.61
Interest Rate 30 Year
37,750 at 6.51%$238.85
37,750 at 6.52%$239.10
37,750 at 6.53%$239.35
37,750 at 6.54%$239.60
37,750 at 6.55%$239.85
37,750 at 6.56%$240.10
37,750 at 6.57%$240.35
37,750 at 6.58%$240.60
37,750 at 6.59%$240.84
37,750 at 6.6%$241.09
37,750 at 6.61%$241.34
37,750 at 6.62%$241.59
37,750 at 6.63%$241.84
37,750 at 6.64%$242.09
37,750 at 6.65%$242.34
37,750 at 6.66%$242.59
37,750 at 6.67%$242.84
37,750 at 6.68%$243.09
37,750 at 6.69%$243.34
37,750 at 6.7%$243.59
37,750 at 6.71%$243.84
37,750 at 6.72%$244.09
37,750 at 6.73%$244.34
37,750 at 6.74%$244.59
37,750 at 6.75%$244.85
37,750 at 6.76%$245.10
37,750 at 6.77%$245.35
37,750 at 6.78%$245.60
37,750 at 6.79%$245.85
37,750 at 6.8%$246.10
37,750 at 6.81%$246.35
37,750 at 6.82%$246.60
37,750 at 6.83%$246.86
37,750 at 6.84%$247.11
37,750 at 6.85%$247.36
37,750 at 6.86%$247.61
37,750 at 6.87%$247.86
37,750 at 6.88%$248.12
37,750 at 6.89%$248.37
37,750 at 6.9%$248.62
37,750 at 6.91%$248.87
37,750 at 6.92%$249.13
37,750 at 6.93%$249.38
37,750 at 6.94%$249.63
37,750 at 6.95%$249.89
37,750 at 6.96%$250.14
37,750 at 6.97%$250.39
37,750 at 6.98%$250.64
37,750 at 6.99%$250.90
37,750 at 7%$251.15
37,750 at 7.01%$251.41
37,750 at 7.02%$251.66
37,750 at 7.03%$251.91
37,750 at 7.04%$252.17
37,750 at 7.05%$252.42
37,750 at 7.06%$252.67
37,750 at 7.07%$252.93
37,750 at 7.08%$253.18
37,750 at 7.09%$253.44
37,750 at 7.1%$253.69
37,750 at 7.11%$253.95
37,750 at 7.12%$254.20
37,750 at 7.13%$254.46
37,750 at 7.14%$254.71
37,750 at 7.15%$254.97
37,750 at 7.16%$255.22
37,750 at 7.17%$255.48
37,750 at 7.18%$255.73
37,750 at 7.19%$255.99
37,750 at 7.2%$256.24
37,750 at 7.21%$256.50
37,750 at 7.22%$256.75
37,750 at 7.23%$257.01
37,750 at 7.24%$257.27
37,750 at 7.25%$257.52
37,750 at 7.26%$257.78
37,750 at 7.27%$258.03
37,750 at 7.28%$258.29
37,750 at 7.29%$258.55
37,750 at 7.3%$258.80
37,750 at 7.31%$259.06
37,750 at 7.32%$259.32
37,750 at 7.33%$259.57
37,750 at 7.34%$259.83
37,750 at 7.35%$260.09
37,750 at 7.36%$260.34
37,750 at 7.37%$260.60
37,750 at 7.38%$260.86
37,750 at 7.39%$261.12
37,750 at 7.4%$261.37
37,750 at 7.41%$261.63
37,750 at 7.42%$261.89
37,750 at 7.43%$262.15
37,750 at 7.44%$262.40
37,750 at 7.45%$262.66
37,750 at 7.46%$262.92
37,750 at 7.47%$263.18
37,750 at 7.48%$263.44
37,750 at 7.49%$263.70
37,750 at 7.5%$263.95
37,750 at 7.51%$264.21
37,750 at 7.52%$264.47
37,750 at 7.53%$264.73
37,750 at 7.54%$264.99
37,750 at 7.55%$265.25
37,750 at 7.56%$265.51
37,750 at 7.57%$265.77
37,750 at 7.58%$266.02
37,750 at 7.59%$266.28
37,750 at 7.6%$266.54
37,750 at 7.61%$266.80
37,750 at 7.62%$267.06
37,750 at 7.63%$267.32
37,750 at 7.64%$267.58
37,750 at 7.65%$267.84
37,750 at 7.66%$268.10
37,750 at 7.67%$268.36
37,750 at 7.68%$268.62
37,750 at 7.69%$268.88
37,750 at 7.7%$269.14
37,750 at 7.71%$269.40
37,750 at 7.72%$269.66
37,750 at 7.73%$269.92
37,750 at 7.74%$270.18
37,750 at 7.75%$270.45
37,750 at 7.76%$270.71
37,750 at 7.77%$270.97
37,750 at 7.78%$271.23
37,750 at 7.79%$271.49
37,750 at 7.8%$271.75
37,750 at 7.81%$272.01
37,750 at 7.82%$272.27
37,750 at 7.83%$272.54
37,750 at 7.84%$272.80
37,750 at 7.85%$273.06
37,750 at 7.86%$273.32
37,750 at 7.87%$273.58
37,750 at 7.88%$273.84
37,750 at 7.89%$274.11
37,750 at 7.9%$274.37
37,750 at 7.91%$274.63
37,750 at 7.92%$274.89
37,750 at 7.93%$275.16
37,750 at 7.94%$275.42
37,750 at 7.95%$275.68
37,750 at 7.96%$275.94
37,750 at 7.97%$276.21
37,750 at 7.98%$276.47
37,750 at 7.99%$276.73
37,750 at 8%$277.00
More Amounts
What is the down payment for a $37,750 house? How much do you need to put down?
Percent Down Down Payment
1%378
2%755
3%1,133
4%1,510
5%1,888
6%2,265
7%2,643
8%3,020
9%3,398
10%3,775
11%4,153
12%4,530
13%4,908
14%5,285
15%5,663
16%6,040
17%6,418
18%6,795
19%7,173
20%7,550
Percent Down Down Payment
21%7,928
22%8,305
23%8,683
24%9,060
25%9,438
26%9,815
27%10,193
28%10,570
29%10,948
30%11,325
31%11,703
32%12,080
33%12,458
34%12,835
35%13,213
36%13,590
37%13,968
38%14,345
39%14,723
40%15,100
Percent Down Down Payment
41%15,478
42%15,855
43%16,233
44%16,610
45%16,988
46%17,365
47%17,743
48%18,120
49%18,498
50%18,875
51%19,253
52%19,630
53%20,008
54%20,385
55%20,763
56%21,140
57%21,518
58%21,895
59%22,273
60%22,650
Percent Down Down Payment
61%23,028
62%23,405
63%23,783
64%24,160
65%24,538
66%24,915
67%25,293
68%25,670
69%26,048
70%26,425
71%26,803
72%27,180
73%27,558
74%27,935
75%28,313
76%28,690
77%29,068
78%29,445
79%29,823
80%30,200
Percent Down Down Payment
81%30,578
82%30,955
83%31,333
84%31,710
85%32,088
86%32,465
87%32,843
88%33,220
89%33,598
90%33,975
91%34,353
92%34,730
93%35,108
94%35,485
95%35,863
96%36,240
97%36,618
98%36,995
99%37,373
100%37,750
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.