Fixed Rate Mortgage. A mortgage where the interest rate remains the same through the term of the loan and fully amortizes is known as a fixed rate mortgage. Since the interest rate remains constant, monthly payments donât change. Fixed rate mortgages come with terms of 15 or 30 years.
1 For 1-4 inches of water, the estimated cost is $7,800. For 9-12 inches, the estimate is $18,930. At 18 inches, the estimated cost is $26,285..  Water damage might be covered by insurance. Flood insurance typically covers damage from a natural disaster, when outside water or mud overflows an otherwise dry house.
Average Cost of Fire and Smoke Damage Restoration and Repair. The average cost of repair and restoration services after fire and smoke damage is $2,950. The total cost that a homeowner pays for such repairs will depend on the location and extent of the damage.