$73,550 Mortgage for 30 Years

What is the monthly payment of a 73,550 dollar loan?
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Loan Tables for a $73,550 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 74k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $73,550 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
73,550 at 2.01%$272.22
73,550 at 2.02%$272.59
73,550 at 2.03%$272.96
73,550 at 2.04%$273.33
73,550 at 2.05%$273.70
73,550 at 2.06%$274.07
73,550 at 2.07%$274.44
73,550 at 2.08%$274.81
73,550 at 2.09%$275.18
73,550 at 2.1%$275.55
73,550 at 2.11%$275.92
73,550 at 2.12%$276.29
73,550 at 2.13%$276.66
73,550 at 2.14%$277.03
73,550 at 2.15%$277.41
73,550 at 2.16%$277.78
73,550 at 2.17%$278.15
73,550 at 2.18%$278.52
73,550 at 2.19%$278.90
73,550 at 2.2%$279.27
73,550 at 2.21%$279.64
73,550 at 2.22%$280.02
73,550 at 2.23%$280.39
73,550 at 2.24%$280.77
73,550 at 2.25%$281.14
73,550 at 2.26%$281.52
73,550 at 2.27%$281.89
73,550 at 2.28%$282.27
73,550 at 2.29%$282.64
73,550 at 2.3%$283.02
73,550 at 2.31%$283.40
73,550 at 2.32%$283.78
73,550 at 2.33%$284.15
73,550 at 2.34%$284.53
73,550 at 2.35%$284.91
73,550 at 2.36%$285.29
73,550 at 2.37%$285.66
73,550 at 2.38%$286.04
73,550 at 2.39%$286.42
73,550 at 2.4%$286.80
73,550 at 2.41%$287.18
73,550 at 2.42%$287.56
73,550 at 2.43%$287.94
73,550 at 2.44%$288.32
73,550 at 2.45%$288.70
73,550 at 2.46%$289.08
73,550 at 2.47%$289.47
73,550 at 2.48%$289.85
73,550 at 2.49%$290.23
73,550 at 2.5%$290.61
73,550 at 2.51%$290.99
73,550 at 2.52%$291.38
73,550 at 2.53%$291.76
73,550 at 2.54%$292.14
73,550 at 2.55%$292.53
73,550 at 2.56%$292.91
73,550 at 2.57%$293.30
73,550 at 2.58%$293.68
73,550 at 2.59%$294.06
73,550 at 2.6%$294.45
73,550 at 2.61%$294.84
73,550 at 2.62%$295.22
73,550 at 2.63%$295.61
73,550 at 2.64%$295.99
73,550 at 2.65%$296.38
73,550 at 2.66%$296.77
73,550 at 2.67%$297.15
73,550 at 2.68%$297.54
73,550 at 2.69%$297.93
73,550 at 2.7%$298.32
73,550 at 2.71%$298.71
73,550 at 2.72%$299.09
73,550 at 2.73%$299.48
73,550 at 2.74%$299.87
73,550 at 2.75%$300.26
73,550 at 2.76%$300.65
73,550 at 2.77%$301.04
73,550 at 2.78%$301.43
73,550 at 2.79%$301.82
73,550 at 2.8%$302.21
73,550 at 2.81%$302.60
73,550 at 2.82%$303.00
73,550 at 2.83%$303.39
73,550 at 2.84%$303.78
73,550 at 2.85%$304.17
73,550 at 2.86%$304.56
73,550 at 2.87%$304.96
73,550 at 2.88%$305.35
73,550 at 2.89%$305.74
73,550 at 2.9%$306.14
73,550 at 2.91%$306.53
73,550 at 2.92%$306.93
73,550 at 2.93%$307.32
73,550 at 2.94%$307.71
73,550 at 2.95%$308.11
73,550 at 2.96%$308.51
73,550 at 2.97%$308.90
73,550 at 2.98%$309.30
73,550 at 2.99%$309.69
73,550 at 3%$310.09
73,550 at 3.01%$310.49
73,550 at 3.02%$310.88
73,550 at 3.03%$311.28
73,550 at 3.04%$311.68
73,550 at 3.05%$312.08
73,550 at 3.06%$312.47
73,550 at 3.07%$312.87
73,550 at 3.08%$313.27
73,550 at 3.09%$313.67
73,550 at 3.1%$314.07
73,550 at 3.11%$314.47
73,550 at 3.12%$314.87
73,550 at 3.13%$315.27
73,550 at 3.14%$315.67
73,550 at 3.15%$316.07
73,550 at 3.16%$316.47
73,550 at 3.17%$316.87
73,550 at 3.18%$317.28
73,550 at 3.19%$317.68
73,550 at 3.2%$318.08
73,550 at 3.21%$318.48
73,550 at 3.22%$318.88
73,550 at 3.23%$319.29
73,550 at 3.24%$319.69
73,550 at 3.25%$320.09
73,550 at 3.26%$320.50
73,550 at 3.27%$320.90
73,550 at 3.28%$321.31
73,550 at 3.29%$321.71
73,550 at 3.3%$322.12
73,550 at 3.31%$322.52
73,550 at 3.32%$322.93
73,550 at 3.33%$323.33
73,550 at 3.34%$323.74
73,550 at 3.35%$324.14
73,550 at 3.36%$324.55
73,550 at 3.37%$324.96
73,550 at 3.38%$325.37
73,550 at 3.39%$325.77
73,550 at 3.4%$326.18
73,550 at 3.41%$326.59
73,550 at 3.42%$327.00
73,550 at 3.43%$327.41
73,550 at 3.44%$327.81
73,550 at 3.45%$328.22
73,550 at 3.46%$328.63
73,550 at 3.47%$329.04
73,550 at 3.48%$329.45
73,550 at 3.49%$329.86
73,550 at 3.5%$330.27
Interest Rate 30 Year
73,550 at 3.51%$330.68
73,550 at 3.52%$331.09
73,550 at 3.53%$331.51
73,550 at 3.54%$331.92
73,550 at 3.55%$332.33
73,550 at 3.56%$332.74
73,550 at 3.57%$333.15
73,550 at 3.58%$333.57
73,550 at 3.59%$333.98
73,550 at 3.6%$334.39
73,550 at 3.61%$334.81
73,550 at 3.62%$335.22
73,550 at 3.63%$335.63
73,550 at 3.64%$336.05
73,550 at 3.65%$336.46
73,550 at 3.66%$336.88
73,550 at 3.67%$337.29
73,550 at 3.68%$337.71
73,550 at 3.69%$338.12
73,550 at 3.7%$338.54
73,550 at 3.71%$338.95
73,550 at 3.72%$339.37
73,550 at 3.73%$339.79
73,550 at 3.74%$340.20
73,550 at 3.75%$340.62
73,550 at 3.76%$341.04
73,550 at 3.77%$341.46
73,550 at 3.78%$341.87
73,550 at 3.79%$342.29
73,550 at 3.8%$342.71
73,550 at 3.81%$343.13
73,550 at 3.82%$343.55
73,550 at 3.83%$343.97
73,550 at 3.84%$344.39
73,550 at 3.85%$344.81
73,550 at 3.86%$345.23
73,550 at 3.87%$345.65
73,550 at 3.88%$346.07
73,550 at 3.89%$346.49
73,550 at 3.9%$346.91
73,550 at 3.91%$347.33
73,550 at 3.92%$347.76
73,550 at 3.93%$348.18
73,550 at 3.94%$348.60
73,550 at 3.95%$349.02
73,550 at 3.96%$349.44
73,550 at 3.97%$349.87
73,550 at 3.98%$350.29
73,550 at 3.99%$350.72
73,550 at 4%$351.14
73,550 at 4.01%$351.56
73,550 at 4.02%$351.99
73,550 at 4.03%$352.41
73,550 at 4.04%$352.84
73,550 at 4.05%$353.26
73,550 at 4.06%$353.69
73,550 at 4.07%$354.11
73,550 at 4.08%$354.54
73,550 at 4.09%$354.97
73,550 at 4.1%$355.39
73,550 at 4.11%$355.82
73,550 at 4.12%$356.25
73,550 at 4.13%$356.67
73,550 at 4.14%$357.10
73,550 at 4.15%$357.53
73,550 at 4.16%$357.96
73,550 at 4.17%$358.39
73,550 at 4.18%$358.81
73,550 at 4.19%$359.24
73,550 at 4.2%$359.67
73,550 at 4.21%$360.10
73,550 at 4.22%$360.53
73,550 at 4.23%$360.96
73,550 at 4.24%$361.39
73,550 at 4.25%$361.82
73,550 at 4.26%$362.25
73,550 at 4.27%$362.68
73,550 at 4.28%$363.11
73,550 at 4.29%$363.55
73,550 at 4.3%$363.98
73,550 at 4.31%$364.41
73,550 at 4.32%$364.84
73,550 at 4.33%$365.27
73,550 at 4.34%$365.71
73,550 at 4.35%$366.14
73,550 at 4.36%$366.57
73,550 at 4.37%$367.01
73,550 at 4.38%$367.44
73,550 at 4.39%$367.88
73,550 at 4.4%$368.31
73,550 at 4.41%$368.74
73,550 at 4.42%$369.18
73,550 at 4.43%$369.61
73,550 at 4.44%$370.05
73,550 at 4.45%$370.49
73,550 at 4.46%$370.92
73,550 at 4.47%$371.36
73,550 at 4.48%$371.79
73,550 at 4.49%$372.23
73,550 at 4.5%$372.67
73,550 at 4.51%$373.10
73,550 at 4.52%$373.54
73,550 at 4.53%$373.98
73,550 at 4.54%$374.42
73,550 at 4.55%$374.86
73,550 at 4.56%$375.29
73,550 at 4.57%$375.73
73,550 at 4.58%$376.17
73,550 at 4.59%$376.61
73,550 at 4.6%$377.05
73,550 at 4.61%$377.49
73,550 at 4.62%$377.93
73,550 at 4.63%$378.37
73,550 at 4.64%$378.81
73,550 at 4.65%$379.25
73,550 at 4.66%$379.69
73,550 at 4.67%$380.13
73,550 at 4.68%$380.57
73,550 at 4.69%$381.02
73,550 at 4.7%$381.46
73,550 at 4.71%$381.90
73,550 at 4.72%$382.34
73,550 at 4.73%$382.79
73,550 at 4.74%$383.23
73,550 at 4.75%$383.67
73,550 at 4.76%$384.12
73,550 at 4.77%$384.56
73,550 at 4.78%$385.00
73,550 at 4.79%$385.45
73,550 at 4.8%$385.89
73,550 at 4.81%$386.34
73,550 at 4.82%$386.78
73,550 at 4.83%$387.23
73,550 at 4.84%$387.67
73,550 at 4.85%$388.12
73,550 at 4.86%$388.56
73,550 at 4.87%$389.01
73,550 at 4.88%$389.46
73,550 at 4.89%$389.90
73,550 at 4.9%$390.35
73,550 at 4.91%$390.80
73,550 at 4.92%$391.24
73,550 at 4.93%$391.69
73,550 at 4.94%$392.14
73,550 at 4.95%$392.59
73,550 at 4.96%$393.04
73,550 at 4.97%$393.48
73,550 at 4.98%$393.93
73,550 at 4.99%$394.38
73,550 at 5%$394.83
Interest Rate 30 Year
73,550 at 5.01%$395.28
73,550 at 5.02%$395.73
73,550 at 5.03%$396.18
73,550 at 5.04%$396.63
73,550 at 5.05%$397.08
73,550 at 5.06%$397.53
73,550 at 5.07%$397.98
73,550 at 5.08%$398.44
73,550 at 5.09%$398.89
73,550 at 5.1%$399.34
73,550 at 5.11%$399.79
73,550 at 5.12%$400.24
73,550 at 5.13%$400.70
73,550 at 5.14%$401.15
73,550 at 5.15%$401.60
73,550 at 5.16%$402.06
73,550 at 5.17%$402.51
73,550 at 5.18%$402.96
73,550 at 5.19%$403.42
73,550 at 5.2%$403.87
73,550 at 5.21%$404.33
73,550 at 5.22%$404.78
73,550 at 5.23%$405.24
73,550 at 5.24%$405.69
73,550 at 5.25%$406.15
73,550 at 5.26%$406.60
73,550 at 5.27%$407.06
73,550 at 5.28%$407.51
73,550 at 5.29%$407.97
73,550 at 5.3%$408.43
73,550 at 5.31%$408.88
73,550 at 5.32%$409.34
73,550 at 5.33%$409.80
73,550 at 5.34%$410.26
73,550 at 5.35%$410.71
73,550 at 5.36%$411.17
73,550 at 5.37%$411.63
73,550 at 5.38%$412.09
73,550 at 5.39%$412.55
73,550 at 5.4%$413.01
73,550 at 5.41%$413.47
73,550 at 5.42%$413.92
73,550 at 5.43%$414.38
73,550 at 5.44%$414.84
73,550 at 5.45%$415.30
73,550 at 5.46%$415.76
73,550 at 5.47%$416.23
73,550 at 5.48%$416.69
73,550 at 5.49%$417.15
73,550 at 5.5%$417.61
73,550 at 5.51%$418.07
73,550 at 5.52%$418.53
73,550 at 5.53%$418.99
73,550 at 5.54%$419.46
73,550 at 5.55%$419.92
73,550 at 5.56%$420.38
73,550 at 5.57%$420.84
73,550 at 5.58%$421.31
73,550 at 5.59%$421.77
73,550 at 5.6%$422.24
73,550 at 5.61%$422.70
73,550 at 5.62%$423.16
73,550 at 5.63%$423.63
73,550 at 5.64%$424.09
73,550 at 5.65%$424.56
73,550 at 5.66%$425.02
73,550 at 5.67%$425.49
73,550 at 5.68%$425.95
73,550 at 5.69%$426.42
73,550 at 5.7%$426.88
73,550 at 5.71%$427.35
73,550 at 5.72%$427.82
73,550 at 5.73%$428.28
73,550 at 5.74%$428.75
73,550 at 5.75%$429.22
73,550 at 5.76%$429.69
73,550 at 5.77%$430.15
73,550 at 5.78%$430.62
73,550 at 5.79%$431.09
73,550 at 5.8%$431.56
73,550 at 5.81%$432.03
73,550 at 5.82%$432.49
73,550 at 5.83%$432.96
73,550 at 5.84%$433.43
73,550 at 5.85%$433.90
73,550 at 5.86%$434.37
73,550 at 5.87%$434.84
73,550 at 5.88%$435.31
73,550 at 5.89%$435.78
73,550 at 5.9%$436.25
73,550 at 5.91%$436.72
73,550 at 5.92%$437.19
73,550 at 5.93%$437.66
73,550 at 5.94%$438.14
73,550 at 5.95%$438.61
73,550 at 5.96%$439.08
73,550 at 5.97%$439.55
73,550 at 5.98%$440.02
73,550 at 5.99%$440.50
73,550 at 6%$440.97
73,550 at 6.01%$441.44
73,550 at 6.02%$441.92
73,550 at 6.03%$442.39
73,550 at 6.04%$442.86
73,550 at 6.05%$443.34
73,550 at 6.06%$443.81
73,550 at 6.07%$444.28
73,550 at 6.08%$444.76
73,550 at 6.09%$445.23
73,550 at 6.1%$445.71
73,550 at 6.11%$446.18
73,550 at 6.12%$446.66
73,550 at 6.13%$447.14
73,550 at 6.14%$447.61
73,550 at 6.15%$448.09
73,550 at 6.16%$448.56
73,550 at 6.17%$449.04
73,550 at 6.18%$449.52
73,550 at 6.19%$449.99
73,550 at 6.2%$450.47
73,550 at 6.21%$450.95
73,550 at 6.22%$451.43
73,550 at 6.23%$451.90
73,550 at 6.24%$452.38
73,550 at 6.25%$452.86
73,550 at 6.26%$453.34
73,550 at 6.27%$453.82
73,550 at 6.28%$454.30
73,550 at 6.29%$454.78
73,550 at 6.3%$455.25
73,550 at 6.31%$455.73
73,550 at 6.32%$456.21
73,550 at 6.33%$456.69
73,550 at 6.34%$457.17
73,550 at 6.35%$457.65
73,550 at 6.36%$458.13
73,550 at 6.37%$458.62
73,550 at 6.38%$459.10
73,550 at 6.39%$459.58
73,550 at 6.4%$460.06
73,550 at 6.41%$460.54
73,550 at 6.42%$461.02
73,550 at 6.43%$461.51
73,550 at 6.44%$461.99
73,550 at 6.45%$462.47
73,550 at 6.46%$462.95
73,550 at 6.47%$463.44
73,550 at 6.48%$463.92
73,550 at 6.49%$464.40
73,550 at 6.5%$464.89
Interest Rate 30 Year
73,550 at 6.51%$465.37
73,550 at 6.52%$465.85
73,550 at 6.53%$466.34
73,550 at 6.54%$466.82
73,550 at 6.55%$467.31
73,550 at 6.56%$467.79
73,550 at 6.57%$468.28
73,550 at 6.58%$468.76
73,550 at 6.59%$469.25
73,550 at 6.6%$469.73
73,550 at 6.61%$470.22
73,550 at 6.62%$470.71
73,550 at 6.63%$471.19
73,550 at 6.64%$471.68
73,550 at 6.65%$472.17
73,550 at 6.66%$472.65
73,550 at 6.67%$473.14
73,550 at 6.68%$473.63
73,550 at 6.69%$474.11
73,550 at 6.7%$474.60
73,550 at 6.71%$475.09
73,550 at 6.72%$475.58
73,550 at 6.73%$476.07
73,550 at 6.74%$476.56
73,550 at 6.75%$477.04
73,550 at 6.76%$477.53
73,550 at 6.77%$478.02
73,550 at 6.78%$478.51
73,550 at 6.79%$479.00
73,550 at 6.8%$479.49
73,550 at 6.81%$479.98
73,550 at 6.82%$480.47
73,550 at 6.83%$480.96
73,550 at 6.84%$481.45
73,550 at 6.85%$481.94
73,550 at 6.86%$482.43
73,550 at 6.87%$482.93
73,550 at 6.88%$483.42
73,550 at 6.89%$483.91
73,550 at 6.9%$484.40
73,550 at 6.91%$484.89
73,550 at 6.92%$485.38
73,550 at 6.93%$485.88
73,550 at 6.94%$486.37
73,550 at 6.95%$486.86
73,550 at 6.96%$487.36
73,550 at 6.97%$487.85
73,550 at 6.98%$488.34
73,550 at 6.99%$488.84
73,550 at 7%$489.33
73,550 at 7.01%$489.82
73,550 at 7.02%$490.32
73,550 at 7.03%$490.81
73,550 at 7.04%$491.31
73,550 at 7.05%$491.80
73,550 at 7.06%$492.30
73,550 at 7.07%$492.79
73,550 at 7.08%$493.29
73,550 at 7.09%$493.78
73,550 at 7.1%$494.28
73,550 at 7.11%$494.78
73,550 at 7.12%$495.27
73,550 at 7.13%$495.77
73,550 at 7.14%$496.26
73,550 at 7.15%$496.76
73,550 at 7.16%$497.26
73,550 at 7.17%$497.76
73,550 at 7.18%$498.25
73,550 at 7.19%$498.75
73,550 at 7.2%$499.25
73,550 at 7.21%$499.75
73,550 at 7.22%$500.24
73,550 at 7.23%$500.74
73,550 at 7.24%$501.24
73,550 at 7.25%$501.74
73,550 at 7.26%$502.24
73,550 at 7.27%$502.74
73,550 at 7.28%$503.24
73,550 at 7.29%$503.74
73,550 at 7.3%$504.24
73,550 at 7.31%$504.74
73,550 at 7.32%$505.24
73,550 at 7.33%$505.74
73,550 at 7.34%$506.24
73,550 at 7.35%$506.74
73,550 at 7.36%$507.24
73,550 at 7.37%$507.74
73,550 at 7.38%$508.24
73,550 at 7.39%$508.74
73,550 at 7.4%$509.25
73,550 at 7.41%$509.75
73,550 at 7.42%$510.25
73,550 at 7.43%$510.75
73,550 at 7.44%$511.25
73,550 at 7.45%$511.76
73,550 at 7.46%$512.26
73,550 at 7.47%$512.76
73,550 at 7.48%$513.27
73,550 at 7.49%$513.77
73,550 at 7.5%$514.27
73,550 at 7.51%$514.78
73,550 at 7.52%$515.28
73,550 at 7.53%$515.78
73,550 at 7.54%$516.29
73,550 at 7.55%$516.79
73,550 at 7.56%$517.30
73,550 at 7.57%$517.80
73,550 at 7.58%$518.31
73,550 at 7.59%$518.81
73,550 at 7.6%$519.32
73,550 at 7.61%$519.82
73,550 at 7.62%$520.33
73,550 at 7.63%$520.84
73,550 at 7.64%$521.34
73,550 at 7.65%$521.85
73,550 at 7.66%$522.35
73,550 at 7.67%$522.86
73,550 at 7.68%$523.37
73,550 at 7.69%$523.87
73,550 at 7.7%$524.38
73,550 at 7.71%$524.89
73,550 at 7.72%$525.40
73,550 at 7.73%$525.91
73,550 at 7.74%$526.41
73,550 at 7.75%$526.92
73,550 at 7.76%$527.43
73,550 at 7.77%$527.94
73,550 at 7.78%$528.45
73,550 at 7.79%$528.96
73,550 at 7.8%$529.46
73,550 at 7.81%$529.97
73,550 at 7.82%$530.48
73,550 at 7.83%$530.99
73,550 at 7.84%$531.50
73,550 at 7.85%$532.01
73,550 at 7.86%$532.52
73,550 at 7.87%$533.03
73,550 at 7.88%$533.54
73,550 at 7.89%$534.05
73,550 at 7.9%$534.57
73,550 at 7.91%$535.08
73,550 at 7.92%$535.59
73,550 at 7.93%$536.10
73,550 at 7.94%$536.61
73,550 at 7.95%$537.12
73,550 at 7.96%$537.63
73,550 at 7.97%$538.15
73,550 at 7.98%$538.66
73,550 at 7.99%$539.17
73,550 at 8%$539.68
More Amounts
What is the down payment for a $73,550 house? How much do you need to put down?
Percent Down Down Payment
1%736
2%1,471
3%2,207
4%2,942
5%3,678
6%4,413
7%5,149
8%5,884
9%6,620
10%7,355
11%8,091
12%8,826
13%9,562
14%10,297
15%11,033
16%11,768
17%12,504
18%13,239
19%13,975
20%14,710
Percent Down Down Payment
21%15,446
22%16,181
23%16,917
24%17,652
25%18,388
26%19,123
27%19,859
28%20,594
29%21,330
30%22,065
31%22,801
32%23,536
33%24,272
34%25,007
35%25,743
36%26,478
37%27,214
38%27,949
39%28,685
40%29,420
Percent Down Down Payment
41%30,156
42%30,891
43%31,627
44%32,362
45%33,098
46%33,833
47%34,569
48%35,304
49%36,040
50%36,775
51%37,511
52%38,246
53%38,982
54%39,717
55%40,453
56%41,188
57%41,924
58%42,659
59%43,395
60%44,130
Percent Down Down Payment
61%44,866
62%45,601
63%46,337
64%47,072
65%47,808
66%48,543
67%49,279
68%50,014
69%50,750
70%51,485
71%52,221
72%52,956
73%53,692
74%54,427
75%55,163
76%55,898
77%56,634
78%57,369
79%58,105
80%58,840
Percent Down Down Payment
81%59,576
82%60,311
83%61,047
84%61,782
85%62,518
86%63,253
87%63,989
88%64,724
89%65,460
90%66,195
91%66,931
92%67,666
93%68,402
94%69,137
95%69,873
96%70,608
97%71,344
98%72,079
99%72,815
100%73,550
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.