$71,150 Mortgage for 30 Years

What is the monthly payment of a 71,150 dollar loan?
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Loan Tables for a $71,150 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 71k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $71,150 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
71,150 at 2.01%$263.34
71,150 at 2.02%$263.70
71,150 at 2.03%$264.05
71,150 at 2.04%$264.41
71,150 at 2.05%$264.77
71,150 at 2.06%$265.12
71,150 at 2.07%$265.48
71,150 at 2.08%$265.84
71,150 at 2.09%$266.20
71,150 at 2.1%$266.56
71,150 at 2.11%$266.92
71,150 at 2.12%$267.27
71,150 at 2.13%$267.63
71,150 at 2.14%$267.99
71,150 at 2.15%$268.35
71,150 at 2.16%$268.71
71,150 at 2.17%$269.07
71,150 at 2.18%$269.43
71,150 at 2.19%$269.80
71,150 at 2.2%$270.16
71,150 at 2.21%$270.52
71,150 at 2.22%$270.88
71,150 at 2.23%$271.24
71,150 at 2.24%$271.61
71,150 at 2.25%$271.97
71,150 at 2.26%$272.33
71,150 at 2.27%$272.69
71,150 at 2.28%$273.06
71,150 at 2.29%$273.42
71,150 at 2.3%$273.79
71,150 at 2.31%$274.15
71,150 at 2.32%$274.52
71,150 at 2.33%$274.88
71,150 at 2.34%$275.25
71,150 at 2.35%$275.61
71,150 at 2.36%$275.98
71,150 at 2.37%$276.34
71,150 at 2.38%$276.71
71,150 at 2.39%$277.08
71,150 at 2.4%$277.44
71,150 at 2.41%$277.81
71,150 at 2.42%$278.18
71,150 at 2.43%$278.55
71,150 at 2.44%$278.91
71,150 at 2.45%$279.28
71,150 at 2.46%$279.65
71,150 at 2.47%$280.02
71,150 at 2.48%$280.39
71,150 at 2.49%$280.76
71,150 at 2.5%$281.13
71,150 at 2.51%$281.50
71,150 at 2.52%$281.87
71,150 at 2.53%$282.24
71,150 at 2.54%$282.61
71,150 at 2.55%$282.98
71,150 at 2.56%$283.35
71,150 at 2.57%$283.72
71,150 at 2.58%$284.10
71,150 at 2.59%$284.47
71,150 at 2.6%$284.84
71,150 at 2.61%$285.21
71,150 at 2.62%$285.59
71,150 at 2.63%$285.96
71,150 at 2.64%$286.33
71,150 at 2.65%$286.71
71,150 at 2.66%$287.08
71,150 at 2.67%$287.46
71,150 at 2.68%$287.83
71,150 at 2.69%$288.21
71,150 at 2.7%$288.58
71,150 at 2.71%$288.96
71,150 at 2.72%$289.33
71,150 at 2.73%$289.71
71,150 at 2.74%$290.09
71,150 at 2.75%$290.46
71,150 at 2.76%$290.84
71,150 at 2.77%$291.22
71,150 at 2.78%$291.60
71,150 at 2.79%$291.97
71,150 at 2.8%$292.35
71,150 at 2.81%$292.73
71,150 at 2.82%$293.11
71,150 at 2.83%$293.49
71,150 at 2.84%$293.87
71,150 at 2.85%$294.25
71,150 at 2.86%$294.63
71,150 at 2.87%$295.01
71,150 at 2.88%$295.39
71,150 at 2.89%$295.77
71,150 at 2.9%$296.15
71,150 at 2.91%$296.53
71,150 at 2.92%$296.91
71,150 at 2.93%$297.29
71,150 at 2.94%$297.67
71,150 at 2.95%$298.06
71,150 at 2.96%$298.44
71,150 at 2.97%$298.82
71,150 at 2.98%$299.20
71,150 at 2.99%$299.59
71,150 at 3%$299.97
71,150 at 3.01%$300.36
71,150 at 3.02%$300.74
71,150 at 3.03%$301.12
71,150 at 3.04%$301.51
71,150 at 3.05%$301.89
71,150 at 3.06%$302.28
71,150 at 3.07%$302.66
71,150 at 3.08%$303.05
71,150 at 3.09%$303.44
71,150 at 3.1%$303.82
71,150 at 3.11%$304.21
71,150 at 3.12%$304.60
71,150 at 3.13%$304.98
71,150 at 3.14%$305.37
71,150 at 3.15%$305.76
71,150 at 3.16%$306.15
71,150 at 3.17%$306.53
71,150 at 3.18%$306.92
71,150 at 3.19%$307.31
71,150 at 3.2%$307.70
71,150 at 3.21%$308.09
71,150 at 3.22%$308.48
71,150 at 3.23%$308.87
71,150 at 3.24%$309.26
71,150 at 3.25%$309.65
71,150 at 3.26%$310.04
71,150 at 3.27%$310.43
71,150 at 3.28%$310.82
71,150 at 3.29%$311.21
71,150 at 3.3%$311.61
71,150 at 3.31%$312.00
71,150 at 3.32%$312.39
71,150 at 3.33%$312.78
71,150 at 3.34%$313.17
71,150 at 3.35%$313.57
71,150 at 3.36%$313.96
71,150 at 3.37%$314.35
71,150 at 3.38%$314.75
71,150 at 3.39%$315.14
71,150 at 3.4%$315.54
71,150 at 3.41%$315.93
71,150 at 3.42%$316.33
71,150 at 3.43%$316.72
71,150 at 3.44%$317.12
71,150 at 3.45%$317.51
71,150 at 3.46%$317.91
71,150 at 3.47%$318.30
71,150 at 3.48%$318.70
71,150 at 3.49%$319.10
71,150 at 3.5%$319.50
Interest Rate 30 Year
71,150 at 3.51%$319.89
71,150 at 3.52%$320.29
71,150 at 3.53%$320.69
71,150 at 3.54%$321.09
71,150 at 3.55%$321.48
71,150 at 3.56%$321.88
71,150 at 3.57%$322.28
71,150 at 3.58%$322.68
71,150 at 3.59%$323.08
71,150 at 3.6%$323.48
71,150 at 3.61%$323.88
71,150 at 3.62%$324.28
71,150 at 3.63%$324.68
71,150 at 3.64%$325.08
71,150 at 3.65%$325.48
71,150 at 3.66%$325.88
71,150 at 3.67%$326.29
71,150 at 3.68%$326.69
71,150 at 3.69%$327.09
71,150 at 3.7%$327.49
71,150 at 3.71%$327.89
71,150 at 3.72%$328.30
71,150 at 3.73%$328.70
71,150 at 3.74%$329.10
71,150 at 3.75%$329.51
71,150 at 3.76%$329.91
71,150 at 3.77%$330.31
71,150 at 3.78%$330.72
71,150 at 3.79%$331.12
71,150 at 3.8%$331.53
71,150 at 3.81%$331.93
71,150 at 3.82%$332.34
71,150 at 3.83%$332.74
71,150 at 3.84%$333.15
71,150 at 3.85%$333.56
71,150 at 3.86%$333.96
71,150 at 3.87%$334.37
71,150 at 3.88%$334.78
71,150 at 3.89%$335.18
71,150 at 3.9%$335.59
71,150 at 3.91%$336.00
71,150 at 3.92%$336.41
71,150 at 3.93%$336.82
71,150 at 3.94%$337.22
71,150 at 3.95%$337.63
71,150 at 3.96%$338.04
71,150 at 3.97%$338.45
71,150 at 3.98%$338.86
71,150 at 3.99%$339.27
71,150 at 4%$339.68
71,150 at 4.01%$340.09
71,150 at 4.02%$340.50
71,150 at 4.03%$340.91
71,150 at 4.04%$341.32
71,150 at 4.05%$341.74
71,150 at 4.06%$342.15
71,150 at 4.07%$342.56
71,150 at 4.08%$342.97
71,150 at 4.09%$343.38
71,150 at 4.1%$343.80
71,150 at 4.11%$344.21
71,150 at 4.12%$344.62
71,150 at 4.13%$345.04
71,150 at 4.14%$345.45
71,150 at 4.15%$345.86
71,150 at 4.16%$346.28
71,150 at 4.17%$346.69
71,150 at 4.18%$347.11
71,150 at 4.19%$347.52
71,150 at 4.2%$347.94
71,150 at 4.21%$348.35
71,150 at 4.22%$348.77
71,150 at 4.23%$349.18
71,150 at 4.24%$349.60
71,150 at 4.25%$350.02
71,150 at 4.26%$350.43
71,150 at 4.27%$350.85
71,150 at 4.28%$351.27
71,150 at 4.29%$351.68
71,150 at 4.3%$352.10
71,150 at 4.31%$352.52
71,150 at 4.32%$352.94
71,150 at 4.33%$353.36
71,150 at 4.34%$353.77
71,150 at 4.35%$354.19
71,150 at 4.36%$354.61
71,150 at 4.37%$355.03
71,150 at 4.38%$355.45
71,150 at 4.39%$355.87
71,150 at 4.4%$356.29
71,150 at 4.41%$356.71
71,150 at 4.42%$357.13
71,150 at 4.43%$357.55
71,150 at 4.44%$357.97
71,150 at 4.45%$358.40
71,150 at 4.46%$358.82
71,150 at 4.47%$359.24
71,150 at 4.48%$359.66
71,150 at 4.49%$360.08
71,150 at 4.5%$360.51
71,150 at 4.51%$360.93
71,150 at 4.52%$361.35
71,150 at 4.53%$361.78
71,150 at 4.54%$362.20
71,150 at 4.55%$362.62
71,150 at 4.56%$363.05
71,150 at 4.57%$363.47
71,150 at 4.58%$363.90
71,150 at 4.59%$364.32
71,150 at 4.6%$364.75
71,150 at 4.61%$365.17
71,150 at 4.62%$365.60
71,150 at 4.63%$366.02
71,150 at 4.64%$366.45
71,150 at 4.65%$366.88
71,150 at 4.66%$367.30
71,150 at 4.67%$367.73
71,150 at 4.68%$368.16
71,150 at 4.69%$368.58
71,150 at 4.7%$369.01
71,150 at 4.71%$369.44
71,150 at 4.72%$369.87
71,150 at 4.73%$370.29
71,150 at 4.74%$370.72
71,150 at 4.75%$371.15
71,150 at 4.76%$371.58
71,150 at 4.77%$372.01
71,150 at 4.78%$372.44
71,150 at 4.79%$372.87
71,150 at 4.8%$373.30
71,150 at 4.81%$373.73
71,150 at 4.82%$374.16
71,150 at 4.83%$374.59
71,150 at 4.84%$375.02
71,150 at 4.85%$375.45
71,150 at 4.86%$375.88
71,150 at 4.87%$376.32
71,150 at 4.88%$376.75
71,150 at 4.89%$377.18
71,150 at 4.9%$377.61
71,150 at 4.91%$378.04
71,150 at 4.92%$378.48
71,150 at 4.93%$378.91
71,150 at 4.94%$379.34
71,150 at 4.95%$379.78
71,150 at 4.96%$380.21
71,150 at 4.97%$380.65
71,150 at 4.98%$381.08
71,150 at 4.99%$381.51
71,150 at 5%$381.95
Interest Rate 30 Year
71,150 at 5.01%$382.38
71,150 at 5.02%$382.82
71,150 at 5.03%$383.25
71,150 at 5.04%$383.69
71,150 at 5.05%$384.13
71,150 at 5.06%$384.56
71,150 at 5.07%$385.00
71,150 at 5.08%$385.43
71,150 at 5.09%$385.87
71,150 at 5.1%$386.31
71,150 at 5.11%$386.75
71,150 at 5.12%$387.18
71,150 at 5.13%$387.62
71,150 at 5.14%$388.06
71,150 at 5.15%$388.50
71,150 at 5.16%$388.94
71,150 at 5.17%$389.37
71,150 at 5.18%$389.81
71,150 at 5.19%$390.25
71,150 at 5.2%$390.69
71,150 at 5.21%$391.13
71,150 at 5.22%$391.57
71,150 at 5.23%$392.01
71,150 at 5.24%$392.45
71,150 at 5.25%$392.89
71,150 at 5.26%$393.33
71,150 at 5.27%$393.77
71,150 at 5.28%$394.22
71,150 at 5.29%$394.66
71,150 at 5.3%$395.10
71,150 at 5.31%$395.54
71,150 at 5.32%$395.98
71,150 at 5.33%$396.43
71,150 at 5.34%$396.87
71,150 at 5.35%$397.31
71,150 at 5.36%$397.75
71,150 at 5.37%$398.20
71,150 at 5.38%$398.64
71,150 at 5.39%$399.09
71,150 at 5.4%$399.53
71,150 at 5.41%$399.97
71,150 at 5.42%$400.42
71,150 at 5.43%$400.86
71,150 at 5.44%$401.31
71,150 at 5.45%$401.75
71,150 at 5.46%$402.20
71,150 at 5.47%$402.64
71,150 at 5.48%$403.09
71,150 at 5.49%$403.54
71,150 at 5.5%$403.98
71,150 at 5.51%$404.43
71,150 at 5.52%$404.88
71,150 at 5.53%$405.32
71,150 at 5.54%$405.77
71,150 at 5.55%$406.22
71,150 at 5.56%$406.66
71,150 at 5.57%$407.11
71,150 at 5.58%$407.56
71,150 at 5.59%$408.01
71,150 at 5.6%$408.46
71,150 at 5.61%$408.91
71,150 at 5.62%$409.35
71,150 at 5.63%$409.80
71,150 at 5.64%$410.25
71,150 at 5.65%$410.70
71,150 at 5.66%$411.15
71,150 at 5.67%$411.60
71,150 at 5.68%$412.05
71,150 at 5.69%$412.50
71,150 at 5.7%$412.95
71,150 at 5.71%$413.41
71,150 at 5.72%$413.86
71,150 at 5.73%$414.31
71,150 at 5.74%$414.76
71,150 at 5.75%$415.21
71,150 at 5.76%$415.66
71,150 at 5.77%$416.12
71,150 at 5.78%$416.57
71,150 at 5.79%$417.02
71,150 at 5.8%$417.47
71,150 at 5.81%$417.93
71,150 at 5.82%$418.38
71,150 at 5.83%$418.84
71,150 at 5.84%$419.29
71,150 at 5.85%$419.74
71,150 at 5.86%$420.20
71,150 at 5.87%$420.65
71,150 at 5.88%$421.11
71,150 at 5.89%$421.56
71,150 at 5.9%$422.02
71,150 at 5.91%$422.47
71,150 at 5.92%$422.93
71,150 at 5.93%$423.38
71,150 at 5.94%$423.84
71,150 at 5.95%$424.30
71,150 at 5.96%$424.75
71,150 at 5.97%$425.21
71,150 at 5.98%$425.67
71,150 at 5.99%$426.12
71,150 at 6%$426.58
71,150 at 6.01%$427.04
71,150 at 6.02%$427.50
71,150 at 6.03%$427.95
71,150 at 6.04%$428.41
71,150 at 6.05%$428.87
71,150 at 6.06%$429.33
71,150 at 6.07%$429.79
71,150 at 6.08%$430.25
71,150 at 6.09%$430.71
71,150 at 6.1%$431.17
71,150 at 6.11%$431.62
71,150 at 6.12%$432.08
71,150 at 6.13%$432.54
71,150 at 6.14%$433.01
71,150 at 6.15%$433.47
71,150 at 6.16%$433.93
71,150 at 6.17%$434.39
71,150 at 6.18%$434.85
71,150 at 6.19%$435.31
71,150 at 6.2%$435.77
71,150 at 6.21%$436.23
71,150 at 6.22%$436.70
71,150 at 6.23%$437.16
71,150 at 6.24%$437.62
71,150 at 6.25%$438.08
71,150 at 6.26%$438.55
71,150 at 6.27%$439.01
71,150 at 6.28%$439.47
71,150 at 6.29%$439.94
71,150 at 6.3%$440.40
71,150 at 6.31%$440.86
71,150 at 6.32%$441.33
71,150 at 6.33%$441.79
71,150 at 6.34%$442.26
71,150 at 6.35%$442.72
71,150 at 6.36%$443.19
71,150 at 6.37%$443.65
71,150 at 6.38%$444.12
71,150 at 6.39%$444.58
71,150 at 6.4%$445.05
71,150 at 6.41%$445.51
71,150 at 6.42%$445.98
71,150 at 6.43%$446.45
71,150 at 6.44%$446.91
71,150 at 6.45%$447.38
71,150 at 6.46%$447.85
71,150 at 6.47%$448.31
71,150 at 6.48%$448.78
71,150 at 6.49%$449.25
71,150 at 6.5%$449.72
Interest Rate 30 Year
71,150 at 6.51%$450.18
71,150 at 6.52%$450.65
71,150 at 6.53%$451.12
71,150 at 6.54%$451.59
71,150 at 6.55%$452.06
71,150 at 6.56%$452.53
71,150 at 6.57%$453.00
71,150 at 6.58%$453.47
71,150 at 6.59%$453.94
71,150 at 6.6%$454.41
71,150 at 6.61%$454.88
71,150 at 6.62%$455.35
71,150 at 6.63%$455.82
71,150 at 6.64%$456.29
71,150 at 6.65%$456.76
71,150 at 6.66%$457.23
71,150 at 6.67%$457.70
71,150 at 6.68%$458.17
71,150 at 6.69%$458.64
71,150 at 6.7%$459.12
71,150 at 6.71%$459.59
71,150 at 6.72%$460.06
71,150 at 6.73%$460.53
71,150 at 6.74%$461.00
71,150 at 6.75%$461.48
71,150 at 6.76%$461.95
71,150 at 6.77%$462.42
71,150 at 6.78%$462.90
71,150 at 6.79%$463.37
71,150 at 6.8%$463.84
71,150 at 6.81%$464.32
71,150 at 6.82%$464.79
71,150 at 6.83%$465.27
71,150 at 6.84%$465.74
71,150 at 6.85%$466.22
71,150 at 6.86%$466.69
71,150 at 6.87%$467.17
71,150 at 6.88%$467.64
71,150 at 6.89%$468.12
71,150 at 6.9%$468.59
71,150 at 6.91%$469.07
71,150 at 6.92%$469.55
71,150 at 6.93%$470.02
71,150 at 6.94%$470.50
71,150 at 6.95%$470.98
71,150 at 6.96%$471.45
71,150 at 6.97%$471.93
71,150 at 6.98%$472.41
71,150 at 6.99%$472.88
71,150 at 7%$473.36
71,150 at 7.01%$473.84
71,150 at 7.02%$474.32
71,150 at 7.03%$474.80
71,150 at 7.04%$475.28
71,150 at 7.05%$475.75
71,150 at 7.06%$476.23
71,150 at 7.07%$476.71
71,150 at 7.08%$477.19
71,150 at 7.09%$477.67
71,150 at 7.1%$478.15
71,150 at 7.11%$478.63
71,150 at 7.12%$479.11
71,150 at 7.13%$479.59
71,150 at 7.14%$480.07
71,150 at 7.15%$480.55
71,150 at 7.16%$481.03
71,150 at 7.17%$481.51
71,150 at 7.18%$481.99
71,150 at 7.19%$482.48
71,150 at 7.2%$482.96
71,150 at 7.21%$483.44
71,150 at 7.22%$483.92
71,150 at 7.23%$484.40
71,150 at 7.24%$484.89
71,150 at 7.25%$485.37
71,150 at 7.26%$485.85
71,150 at 7.27%$486.33
71,150 at 7.28%$486.82
71,150 at 7.29%$487.30
71,150 at 7.3%$487.78
71,150 at 7.31%$488.27
71,150 at 7.32%$488.75
71,150 at 7.33%$489.24
71,150 at 7.34%$489.72
71,150 at 7.35%$490.20
71,150 at 7.36%$490.69
71,150 at 7.37%$491.17
71,150 at 7.38%$491.66
71,150 at 7.39%$492.14
71,150 at 7.4%$492.63
71,150 at 7.41%$493.11
71,150 at 7.42%$493.60
71,150 at 7.43%$494.09
71,150 at 7.44%$494.57
71,150 at 7.45%$495.06
71,150 at 7.46%$495.54
71,150 at 7.47%$496.03
71,150 at 7.48%$496.52
71,150 at 7.49%$497.00
71,150 at 7.5%$497.49
71,150 at 7.51%$497.98
71,150 at 7.52%$498.47
71,150 at 7.53%$498.95
71,150 at 7.54%$499.44
71,150 at 7.55%$499.93
71,150 at 7.56%$500.42
71,150 at 7.57%$500.91
71,150 at 7.58%$501.39
71,150 at 7.59%$501.88
71,150 at 7.6%$502.37
71,150 at 7.61%$502.86
71,150 at 7.62%$503.35
71,150 at 7.63%$503.84
71,150 at 7.64%$504.33
71,150 at 7.65%$504.82
71,150 at 7.66%$505.31
71,150 at 7.67%$505.80
71,150 at 7.68%$506.29
71,150 at 7.69%$506.78
71,150 at 7.7%$507.27
71,150 at 7.71%$507.76
71,150 at 7.72%$508.25
71,150 at 7.73%$508.74
71,150 at 7.74%$509.24
71,150 at 7.75%$509.73
71,150 at 7.76%$510.22
71,150 at 7.77%$510.71
71,150 at 7.78%$511.20
71,150 at 7.79%$511.70
71,150 at 7.8%$512.19
71,150 at 7.81%$512.68
71,150 at 7.82%$513.17
71,150 at 7.83%$513.67
71,150 at 7.84%$514.16
71,150 at 7.85%$514.65
71,150 at 7.86%$515.15
71,150 at 7.87%$515.64
71,150 at 7.88%$516.13
71,150 at 7.89%$516.63
71,150 at 7.9%$517.12
71,150 at 7.91%$517.62
71,150 at 7.92%$518.11
71,150 at 7.93%$518.61
71,150 at 7.94%$519.10
71,150 at 7.95%$519.60
71,150 at 7.96%$520.09
71,150 at 7.97%$520.59
71,150 at 7.98%$521.08
71,150 at 7.99%$521.58
71,150 at 8%$522.07
More Amounts
What is the down payment for a $71,150 house? How much do you need to put down?
Percent Down Down Payment
1%712
2%1,423
3%2,135
4%2,846
5%3,558
6%4,269
7%4,981
8%5,692
9%6,404
10%7,115
11%7,827
12%8,538
13%9,250
14%9,961
15%10,673
16%11,384
17%12,096
18%12,807
19%13,519
20%14,230
Percent Down Down Payment
21%14,942
22%15,653
23%16,365
24%17,076
25%17,788
26%18,499
27%19,211
28%19,922
29%20,634
30%21,345
31%22,057
32%22,768
33%23,480
34%24,191
35%24,903
36%25,614
37%26,326
38%27,037
39%27,749
40%28,460
Percent Down Down Payment
41%29,172
42%29,883
43%30,595
44%31,306
45%32,018
46%32,729
47%33,441
48%34,152
49%34,864
50%35,575
51%36,287
52%36,998
53%37,710
54%38,421
55%39,133
56%39,844
57%40,556
58%41,267
59%41,979
60%42,690
Percent Down Down Payment
61%43,402
62%44,113
63%44,825
64%45,536
65%46,248
66%46,959
67%47,671
68%48,382
69%49,094
70%49,805
71%50,517
72%51,228
73%51,940
74%52,651
75%53,363
76%54,074
77%54,786
78%55,497
79%56,209
80%56,920
Percent Down Down Payment
81%57,632
82%58,343
83%59,055
84%59,766
85%60,478
86%61,189
87%61,901
88%62,612
89%63,324
90%64,035
91%64,747
92%65,458
93%66,170
94%66,881
95%67,593
96%68,304
97%69,016
98%69,727
99%70,439
100%71,150
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.