$81,400 Mortgage for 30 Years

What is the monthly payment of a 81,400 dollar loan?
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Loan Tables for a $81,400 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 81k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $81,400 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
81,400 at 2.01%$301.28
81,400 at 2.02%$301.69
81,400 at 2.03%$302.09
81,400 at 2.04%$302.50
81,400 at 2.05%$302.91
81,400 at 2.06%$303.32
81,400 at 2.07%$303.73
81,400 at 2.08%$304.14
81,400 at 2.09%$304.55
81,400 at 2.1%$304.96
81,400 at 2.11%$305.37
81,400 at 2.12%$305.78
81,400 at 2.13%$306.19
81,400 at 2.14%$306.60
81,400 at 2.15%$307.01
81,400 at 2.16%$307.42
81,400 at 2.17%$307.84
81,400 at 2.18%$308.25
81,400 at 2.19%$308.66
81,400 at 2.2%$309.08
81,400 at 2.21%$309.49
81,400 at 2.22%$309.90
81,400 at 2.23%$310.32
81,400 at 2.24%$310.73
81,400 at 2.25%$311.15
81,400 at 2.26%$311.56
81,400 at 2.27%$311.98
81,400 at 2.28%$312.40
81,400 at 2.29%$312.81
81,400 at 2.3%$313.23
81,400 at 2.31%$313.65
81,400 at 2.32%$314.06
81,400 at 2.33%$314.48
81,400 at 2.34%$314.90
81,400 at 2.35%$315.32
81,400 at 2.36%$315.73
81,400 at 2.37%$316.15
81,400 at 2.38%$316.57
81,400 at 2.39%$316.99
81,400 at 2.4%$317.41
81,400 at 2.41%$317.83
81,400 at 2.42%$318.25
81,400 at 2.43%$318.67
81,400 at 2.44%$319.09
81,400 at 2.45%$319.52
81,400 at 2.46%$319.94
81,400 at 2.47%$320.36
81,400 at 2.48%$320.78
81,400 at 2.49%$321.21
81,400 at 2.5%$321.63
81,400 at 2.51%$322.05
81,400 at 2.52%$322.48
81,400 at 2.53%$322.90
81,400 at 2.54%$323.32
81,400 at 2.55%$323.75
81,400 at 2.56%$324.17
81,400 at 2.57%$324.60
81,400 at 2.58%$325.02
81,400 at 2.59%$325.45
81,400 at 2.6%$325.88
81,400 at 2.61%$326.30
81,400 at 2.62%$326.73
81,400 at 2.63%$327.16
81,400 at 2.64%$327.58
81,400 at 2.65%$328.01
81,400 at 2.66%$328.44
81,400 at 2.67%$328.87
81,400 at 2.68%$329.30
81,400 at 2.69%$329.73
81,400 at 2.7%$330.16
81,400 at 2.71%$330.59
81,400 at 2.72%$331.02
81,400 at 2.73%$331.45
81,400 at 2.74%$331.88
81,400 at 2.75%$332.31
81,400 at 2.76%$332.74
81,400 at 2.77%$333.17
81,400 at 2.78%$333.60
81,400 at 2.79%$334.04
81,400 at 2.8%$334.47
81,400 at 2.81%$334.90
81,400 at 2.82%$335.33
81,400 at 2.83%$335.77
81,400 at 2.84%$336.20
81,400 at 2.85%$336.64
81,400 at 2.86%$337.07
81,400 at 2.87%$337.50
81,400 at 2.88%$337.94
81,400 at 2.89%$338.38
81,400 at 2.9%$338.81
81,400 at 2.91%$339.25
81,400 at 2.92%$339.68
81,400 at 2.93%$340.12
81,400 at 2.94%$340.56
81,400 at 2.95%$340.99
81,400 at 2.96%$341.43
81,400 at 2.97%$341.87
81,400 at 2.98%$342.31
81,400 at 2.99%$342.75
81,400 at 3%$343.19
81,400 at 3.01%$343.62
81,400 at 3.02%$344.06
81,400 at 3.03%$344.50
81,400 at 3.04%$344.94
81,400 at 3.05%$345.38
81,400 at 3.06%$345.83
81,400 at 3.07%$346.27
81,400 at 3.08%$346.71
81,400 at 3.09%$347.15
81,400 at 3.1%$347.59
81,400 at 3.11%$348.03
81,400 at 3.12%$348.48
81,400 at 3.13%$348.92
81,400 at 3.14%$349.36
81,400 at 3.15%$349.81
81,400 at 3.16%$350.25
81,400 at 3.17%$350.69
81,400 at 3.18%$351.14
81,400 at 3.19%$351.58
81,400 at 3.2%$352.03
81,400 at 3.21%$352.47
81,400 at 3.22%$352.92
81,400 at 3.23%$353.37
81,400 at 3.24%$353.81
81,400 at 3.25%$354.26
81,400 at 3.26%$354.70
81,400 at 3.27%$355.15
81,400 at 3.28%$355.60
81,400 at 3.29%$356.05
81,400 at 3.3%$356.50
81,400 at 3.31%$356.94
81,400 at 3.32%$357.39
81,400 at 3.33%$357.84
81,400 at 3.34%$358.29
81,400 at 3.35%$358.74
81,400 at 3.36%$359.19
81,400 at 3.37%$359.64
81,400 at 3.38%$360.09
81,400 at 3.39%$360.54
81,400 at 3.4%$360.99
81,400 at 3.41%$361.45
81,400 at 3.42%$361.90
81,400 at 3.43%$362.35
81,400 at 3.44%$362.80
81,400 at 3.45%$363.25
81,400 at 3.46%$363.71
81,400 at 3.47%$364.16
81,400 at 3.48%$364.61
81,400 at 3.49%$365.07
81,400 at 3.5%$365.52
Interest Rate 30 Year
81,400 at 3.51%$365.98
81,400 at 3.52%$366.43
81,400 at 3.53%$366.89
81,400 at 3.54%$367.34
81,400 at 3.55%$367.80
81,400 at 3.56%$368.25
81,400 at 3.57%$368.71
81,400 at 3.58%$369.17
81,400 at 3.59%$369.62
81,400 at 3.6%$370.08
81,400 at 3.61%$370.54
81,400 at 3.62%$371.00
81,400 at 3.63%$371.45
81,400 at 3.64%$371.91
81,400 at 3.65%$372.37
81,400 at 3.66%$372.83
81,400 at 3.67%$373.29
81,400 at 3.68%$373.75
81,400 at 3.69%$374.21
81,400 at 3.7%$374.67
81,400 at 3.71%$375.13
81,400 at 3.72%$375.59
81,400 at 3.73%$376.05
81,400 at 3.74%$376.51
81,400 at 3.75%$376.98
81,400 at 3.76%$377.44
81,400 at 3.77%$377.90
81,400 at 3.78%$378.36
81,400 at 3.79%$378.83
81,400 at 3.8%$379.29
81,400 at 3.81%$379.75
81,400 at 3.82%$380.22
81,400 at 3.83%$380.68
81,400 at 3.84%$381.15
81,400 at 3.85%$381.61
81,400 at 3.86%$382.07
81,400 at 3.87%$382.54
81,400 at 3.88%$383.01
81,400 at 3.89%$383.47
81,400 at 3.9%$383.94
81,400 at 3.91%$384.40
81,400 at 3.92%$384.87
81,400 at 3.93%$385.34
81,400 at 3.94%$385.81
81,400 at 3.95%$386.27
81,400 at 3.96%$386.74
81,400 at 3.97%$387.21
81,400 at 3.98%$387.68
81,400 at 3.99%$388.15
81,400 at 4%$388.62
81,400 at 4.01%$389.09
81,400 at 4.02%$389.56
81,400 at 4.03%$390.03
81,400 at 4.04%$390.50
81,400 at 4.05%$390.97
81,400 at 4.06%$391.44
81,400 at 4.07%$391.91
81,400 at 4.08%$392.38
81,400 at 4.09%$392.85
81,400 at 4.1%$393.32
81,400 at 4.11%$393.80
81,400 at 4.12%$394.27
81,400 at 4.13%$394.74
81,400 at 4.14%$395.21
81,400 at 4.15%$395.69
81,400 at 4.16%$396.16
81,400 at 4.17%$396.64
81,400 at 4.18%$397.11
81,400 at 4.19%$397.59
81,400 at 4.2%$398.06
81,400 at 4.21%$398.54
81,400 at 4.22%$399.01
81,400 at 4.23%$399.49
81,400 at 4.24%$399.96
81,400 at 4.25%$400.44
81,400 at 4.26%$400.92
81,400 at 4.27%$401.39
81,400 at 4.28%$401.87
81,400 at 4.29%$402.35
81,400 at 4.3%$402.83
81,400 at 4.31%$403.30
81,400 at 4.32%$403.78
81,400 at 4.33%$404.26
81,400 at 4.34%$404.74
81,400 at 4.35%$405.22
81,400 at 4.36%$405.70
81,400 at 4.37%$406.18
81,400 at 4.38%$406.66
81,400 at 4.39%$407.14
81,400 at 4.4%$407.62
81,400 at 4.41%$408.10
81,400 at 4.42%$408.58
81,400 at 4.43%$409.06
81,400 at 4.44%$409.54
81,400 at 4.45%$410.03
81,400 at 4.46%$410.51
81,400 at 4.47%$410.99
81,400 at 4.48%$411.48
81,400 at 4.49%$411.96
81,400 at 4.5%$412.44
81,400 at 4.51%$412.93
81,400 at 4.52%$413.41
81,400 at 4.53%$413.89
81,400 at 4.54%$414.38
81,400 at 4.55%$414.86
81,400 at 4.56%$415.35
81,400 at 4.57%$415.83
81,400 at 4.58%$416.32
81,400 at 4.59%$416.81
81,400 at 4.6%$417.29
81,400 at 4.61%$417.78
81,400 at 4.62%$418.27
81,400 at 4.63%$418.75
81,400 at 4.64%$419.24
81,400 at 4.65%$419.73
81,400 at 4.66%$420.22
81,400 at 4.67%$420.70
81,400 at 4.68%$421.19
81,400 at 4.69%$421.68
81,400 at 4.7%$422.17
81,400 at 4.71%$422.66
81,400 at 4.72%$423.15
81,400 at 4.73%$423.64
81,400 at 4.74%$424.13
81,400 at 4.75%$424.62
81,400 at 4.76%$425.11
81,400 at 4.77%$425.60
81,400 at 4.78%$426.09
81,400 at 4.79%$426.59
81,400 at 4.8%$427.08
81,400 at 4.81%$427.57
81,400 at 4.82%$428.06
81,400 at 4.83%$428.55
81,400 at 4.84%$429.05
81,400 at 4.85%$429.54
81,400 at 4.86%$430.03
81,400 at 4.87%$430.53
81,400 at 4.88%$431.02
81,400 at 4.89%$431.52
81,400 at 4.9%$432.01
81,400 at 4.91%$432.51
81,400 at 4.92%$433.00
81,400 at 4.93%$433.50
81,400 at 4.94%$433.99
81,400 at 4.95%$434.49
81,400 at 4.96%$434.99
81,400 at 4.97%$435.48
81,400 at 4.98%$435.98
81,400 at 4.99%$436.48
81,400 at 5%$436.97
Interest Rate 30 Year
81,400 at 5.01%$437.47
81,400 at 5.02%$437.97
81,400 at 5.03%$438.47
81,400 at 5.04%$438.96
81,400 at 5.05%$439.46
81,400 at 5.06%$439.96
81,400 at 5.07%$440.46
81,400 at 5.08%$440.96
81,400 at 5.09%$441.46
81,400 at 5.1%$441.96
81,400 at 5.11%$442.46
81,400 at 5.12%$442.96
81,400 at 5.13%$443.46
81,400 at 5.14%$443.96
81,400 at 5.15%$444.47
81,400 at 5.16%$444.97
81,400 at 5.17%$445.47
81,400 at 5.18%$445.97
81,400 at 5.19%$446.47
81,400 at 5.2%$446.98
81,400 at 5.21%$447.48
81,400 at 5.22%$447.98
81,400 at 5.23%$448.49
81,400 at 5.24%$448.99
81,400 at 5.25%$449.49
81,400 at 5.26%$450.00
81,400 at 5.27%$450.50
81,400 at 5.28%$451.01
81,400 at 5.29%$451.51
81,400 at 5.3%$452.02
81,400 at 5.31%$452.52
81,400 at 5.32%$453.03
81,400 at 5.33%$453.54
81,400 at 5.34%$454.04
81,400 at 5.35%$454.55
81,400 at 5.36%$455.06
81,400 at 5.37%$455.56
81,400 at 5.38%$456.07
81,400 at 5.39%$456.58
81,400 at 5.4%$457.09
81,400 at 5.41%$457.59
81,400 at 5.42%$458.10
81,400 at 5.43%$458.61
81,400 at 5.44%$459.12
81,400 at 5.45%$459.63
81,400 at 5.46%$460.14
81,400 at 5.47%$460.65
81,400 at 5.48%$461.16
81,400 at 5.49%$461.67
81,400 at 5.5%$462.18
81,400 at 5.51%$462.69
81,400 at 5.52%$463.20
81,400 at 5.53%$463.71
81,400 at 5.54%$464.23
81,400 at 5.55%$464.74
81,400 at 5.56%$465.25
81,400 at 5.57%$465.76
81,400 at 5.58%$466.27
81,400 at 5.59%$466.79
81,400 at 5.6%$467.30
81,400 at 5.61%$467.81
81,400 at 5.62%$468.33
81,400 at 5.63%$468.84
81,400 at 5.64%$469.36
81,400 at 5.65%$469.87
81,400 at 5.66%$470.38
81,400 at 5.67%$470.90
81,400 at 5.68%$471.41
81,400 at 5.69%$471.93
81,400 at 5.7%$472.45
81,400 at 5.71%$472.96
81,400 at 5.72%$473.48
81,400 at 5.73%$473.99
81,400 at 5.74%$474.51
81,400 at 5.75%$475.03
81,400 at 5.76%$475.55
81,400 at 5.77%$476.06
81,400 at 5.78%$476.58
81,400 at 5.79%$477.10
81,400 at 5.8%$477.62
81,400 at 5.81%$478.14
81,400 at 5.82%$478.65
81,400 at 5.83%$479.17
81,400 at 5.84%$479.69
81,400 at 5.85%$480.21
81,400 at 5.86%$480.73
81,400 at 5.87%$481.25
81,400 at 5.88%$481.77
81,400 at 5.89%$482.29
81,400 at 5.9%$482.81
81,400 at 5.91%$483.33
81,400 at 5.92%$483.86
81,400 at 5.93%$484.38
81,400 at 5.94%$484.90
81,400 at 5.95%$485.42
81,400 at 5.96%$485.94
81,400 at 5.97%$486.47
81,400 at 5.98%$486.99
81,400 at 5.99%$487.51
81,400 at 6%$488.03
81,400 at 6.01%$488.56
81,400 at 6.02%$489.08
81,400 at 6.03%$489.61
81,400 at 6.04%$490.13
81,400 at 6.05%$490.65
81,400 at 6.06%$491.18
81,400 at 6.07%$491.70
81,400 at 6.08%$492.23
81,400 at 6.09%$492.75
81,400 at 6.1%$493.28
81,400 at 6.11%$493.81
81,400 at 6.12%$494.33
81,400 at 6.13%$494.86
81,400 at 6.14%$495.38
81,400 at 6.15%$495.91
81,400 at 6.16%$496.44
81,400 at 6.17%$496.97
81,400 at 6.18%$497.49
81,400 at 6.19%$498.02
81,400 at 6.2%$498.55
81,400 at 6.21%$499.08
81,400 at 6.22%$499.61
81,400 at 6.23%$500.14
81,400 at 6.24%$500.66
81,400 at 6.25%$501.19
81,400 at 6.26%$501.72
81,400 at 6.27%$502.25
81,400 at 6.28%$502.78
81,400 at 6.29%$503.31
81,400 at 6.3%$503.84
81,400 at 6.31%$504.37
81,400 at 6.32%$504.91
81,400 at 6.33%$505.44
81,400 at 6.34%$505.97
81,400 at 6.35%$506.50
81,400 at 6.36%$507.03
81,400 at 6.37%$507.56
81,400 at 6.38%$508.10
81,400 at 6.39%$508.63
81,400 at 6.4%$509.16
81,400 at 6.41%$509.69
81,400 at 6.42%$510.23
81,400 at 6.43%$510.76
81,400 at 6.44%$511.30
81,400 at 6.45%$511.83
81,400 at 6.46%$512.36
81,400 at 6.47%$512.90
81,400 at 6.48%$513.43
81,400 at 6.49%$513.97
81,400 at 6.5%$514.50
Interest Rate 30 Year
81,400 at 6.51%$515.04
81,400 at 6.52%$515.57
81,400 at 6.53%$516.11
81,400 at 6.54%$516.65
81,400 at 6.55%$517.18
81,400 at 6.56%$517.72
81,400 at 6.57%$518.26
81,400 at 6.58%$518.79
81,400 at 6.59%$519.33
81,400 at 6.6%$519.87
81,400 at 6.61%$520.41
81,400 at 6.62%$520.94
81,400 at 6.63%$521.48
81,400 at 6.64%$522.02
81,400 at 6.65%$522.56
81,400 at 6.66%$523.10
81,400 at 6.67%$523.64
81,400 at 6.68%$524.18
81,400 at 6.69%$524.72
81,400 at 6.7%$525.26
81,400 at 6.71%$525.80
81,400 at 6.72%$526.34
81,400 at 6.73%$526.88
81,400 at 6.74%$527.42
81,400 at 6.75%$527.96
81,400 at 6.76%$528.50
81,400 at 6.77%$529.04
81,400 at 6.78%$529.58
81,400 at 6.79%$530.13
81,400 at 6.8%$530.67
81,400 at 6.81%$531.21
81,400 at 6.82%$531.75
81,400 at 6.83%$532.29
81,400 at 6.84%$532.84
81,400 at 6.85%$533.38
81,400 at 6.86%$533.92
81,400 at 6.87%$534.47
81,400 at 6.88%$535.01
81,400 at 6.89%$535.56
81,400 at 6.9%$536.10
81,400 at 6.91%$536.65
81,400 at 6.92%$537.19
81,400 at 6.93%$537.73
81,400 at 6.94%$538.28
81,400 at 6.95%$538.83
81,400 at 6.96%$539.37
81,400 at 6.97%$539.92
81,400 at 6.98%$540.46
81,400 at 6.99%$541.01
81,400 at 7%$541.56
81,400 at 7.01%$542.10
81,400 at 7.02%$542.65
81,400 at 7.03%$543.20
81,400 at 7.04%$543.74
81,400 at 7.05%$544.29
81,400 at 7.06%$544.84
81,400 at 7.07%$545.39
81,400 at 7.08%$545.94
81,400 at 7.09%$546.49
81,400 at 7.1%$547.03
81,400 at 7.11%$547.58
81,400 at 7.12%$548.13
81,400 at 7.13%$548.68
81,400 at 7.14%$549.23
81,400 at 7.15%$549.78
81,400 at 7.16%$550.33
81,400 at 7.17%$550.88
81,400 at 7.18%$551.43
81,400 at 7.19%$551.98
81,400 at 7.2%$552.53
81,400 at 7.21%$553.08
81,400 at 7.22%$553.64
81,400 at 7.23%$554.19
81,400 at 7.24%$554.74
81,400 at 7.25%$555.29
81,400 at 7.26%$555.84
81,400 at 7.27%$556.40
81,400 at 7.28%$556.95
81,400 at 7.29%$557.50
81,400 at 7.3%$558.05
81,400 at 7.31%$558.61
81,400 at 7.32%$559.16
81,400 at 7.33%$559.72
81,400 at 7.34%$560.27
81,400 at 7.35%$560.82
81,400 at 7.36%$561.38
81,400 at 7.37%$561.93
81,400 at 7.38%$562.49
81,400 at 7.39%$563.04
81,400 at 7.4%$563.60
81,400 at 7.41%$564.15
81,400 at 7.42%$564.71
81,400 at 7.43%$565.26
81,400 at 7.44%$565.82
81,400 at 7.45%$566.38
81,400 at 7.46%$566.93
81,400 at 7.47%$567.49
81,400 at 7.48%$568.05
81,400 at 7.49%$568.60
81,400 at 7.5%$569.16
81,400 at 7.51%$569.72
81,400 at 7.52%$570.28
81,400 at 7.53%$570.83
81,400 at 7.54%$571.39
81,400 at 7.55%$571.95
81,400 at 7.56%$572.51
81,400 at 7.57%$573.07
81,400 at 7.58%$573.63
81,400 at 7.59%$574.19
81,400 at 7.6%$574.74
81,400 at 7.61%$575.30
81,400 at 7.62%$575.86
81,400 at 7.63%$576.42
81,400 at 7.64%$576.98
81,400 at 7.65%$577.54
81,400 at 7.66%$578.11
81,400 at 7.67%$578.67
81,400 at 7.68%$579.23
81,400 at 7.69%$579.79
81,400 at 7.7%$580.35
81,400 at 7.71%$580.91
81,400 at 7.72%$581.47
81,400 at 7.73%$582.03
81,400 at 7.74%$582.60
81,400 at 7.75%$583.16
81,400 at 7.76%$583.72
81,400 at 7.77%$584.28
81,400 at 7.78%$584.85
81,400 at 7.79%$585.41
81,400 at 7.8%$585.97
81,400 at 7.81%$586.54
81,400 at 7.82%$587.10
81,400 at 7.83%$587.67
81,400 at 7.84%$588.23
81,400 at 7.85%$588.79
81,400 at 7.86%$589.36
81,400 at 7.87%$589.92
81,400 at 7.88%$590.49
81,400 at 7.89%$591.05
81,400 at 7.9%$591.62
81,400 at 7.91%$592.19
81,400 at 7.92%$592.75
81,400 at 7.93%$593.32
81,400 at 7.94%$593.88
81,400 at 7.95%$594.45
81,400 at 7.96%$595.02
81,400 at 7.97%$595.58
81,400 at 7.98%$596.15
81,400 at 7.99%$596.72
81,400 at 8%$597.28
More Amounts
What is the down payment for a $81,400 house? How much do you need to put down?
Percent Down Down Payment
1%814
2%1,628
3%2,442
4%3,256
5%4,070
6%4,884
7%5,698
8%6,512
9%7,326
10%8,140
11%8,954
12%9,768
13%10,582
14%11,396
15%12,210
16%13,024
17%13,838
18%14,652
19%15,466
20%16,280
Percent Down Down Payment
21%17,094
22%17,908
23%18,722
24%19,536
25%20,350
26%21,164
27%21,978
28%22,792
29%23,606
30%24,420
31%25,234
32%26,048
33%26,862
34%27,676
35%28,490
36%29,304
37%30,118
38%30,932
39%31,746
40%32,560
Percent Down Down Payment
41%33,374
42%34,188
43%35,002
44%35,816
45%36,630
46%37,444
47%38,258
48%39,072
49%39,886
50%40,700
51%41,514
52%42,328
53%43,142
54%43,956
55%44,770
56%45,584
57%46,398
58%47,212
59%48,026
60%48,840
Percent Down Down Payment
61%49,654
62%50,468
63%51,282
64%52,096
65%52,910
66%53,724
67%54,538
68%55,352
69%56,166
70%56,980
71%57,794
72%58,608
73%59,422
74%60,236
75%61,050
76%61,864
77%62,678
78%63,492
79%64,306
80%65,120
Percent Down Down Payment
81%65,934
82%66,748
83%67,562
84%68,376
85%69,190
86%70,004
87%70,818
88%71,632
89%72,446
90%73,260
91%74,074
92%74,888
93%75,702
94%76,516
95%77,330
96%78,144
97%78,958
98%79,772
99%80,586
100%81,400
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.