$125,350 Mortgage for 30 Years

What is the monthly payment of a 125,350 dollar loan?
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Loan Tables for a $125,350 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 125k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $125,350 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
125,350 at 2.01%$463.95
125,350 at 2.02%$464.57
125,350 at 2.03%$465.20
125,350 at 2.04%$465.83
125,350 at 2.05%$466.46
125,350 at 2.06%$467.09
125,350 at 2.07%$467.72
125,350 at 2.08%$468.35
125,350 at 2.09%$468.98
125,350 at 2.1%$469.61
125,350 at 2.11%$470.24
125,350 at 2.12%$470.88
125,350 at 2.13%$471.51
125,350 at 2.14%$472.14
125,350 at 2.15%$472.78
125,350 at 2.16%$473.41
125,350 at 2.17%$474.05
125,350 at 2.18%$474.68
125,350 at 2.19%$475.32
125,350 at 2.2%$475.96
125,350 at 2.21%$476.59
125,350 at 2.22%$477.23
125,350 at 2.23%$477.87
125,350 at 2.24%$478.51
125,350 at 2.25%$479.15
125,350 at 2.26%$479.79
125,350 at 2.27%$480.43
125,350 at 2.28%$481.07
125,350 at 2.29%$481.71
125,350 at 2.3%$482.35
125,350 at 2.31%$482.99
125,350 at 2.32%$483.63
125,350 at 2.33%$484.28
125,350 at 2.34%$484.92
125,350 at 2.35%$485.56
125,350 at 2.36%$486.21
125,350 at 2.37%$486.85
125,350 at 2.38%$487.50
125,350 at 2.39%$488.14
125,350 at 2.4%$488.79
125,350 at 2.41%$489.44
125,350 at 2.42%$490.09
125,350 at 2.43%$490.73
125,350 at 2.44%$491.38
125,350 at 2.45%$492.03
125,350 at 2.46%$492.68
125,350 at 2.47%$493.33
125,350 at 2.48%$493.98
125,350 at 2.49%$494.63
125,350 at 2.5%$495.28
125,350 at 2.51%$495.94
125,350 at 2.52%$496.59
125,350 at 2.53%$497.24
125,350 at 2.54%$497.89
125,350 at 2.55%$498.55
125,350 at 2.56%$499.20
125,350 at 2.57%$499.86
125,350 at 2.58%$500.51
125,350 at 2.59%$501.17
125,350 at 2.6%$501.83
125,350 at 2.61%$502.48
125,350 at 2.62%$503.14
125,350 at 2.63%$503.80
125,350 at 2.64%$504.46
125,350 at 2.65%$505.12
125,350 at 2.66%$505.77
125,350 at 2.67%$506.43
125,350 at 2.68%$507.09
125,350 at 2.69%$507.76
125,350 at 2.7%$508.42
125,350 at 2.71%$509.08
125,350 at 2.72%$509.74
125,350 at 2.73%$510.40
125,350 at 2.74%$511.07
125,350 at 2.75%$511.73
125,350 at 2.76%$512.39
125,350 at 2.77%$513.06
125,350 at 2.78%$513.72
125,350 at 2.79%$514.39
125,350 at 2.8%$515.06
125,350 at 2.81%$515.72
125,350 at 2.82%$516.39
125,350 at 2.83%$517.06
125,350 at 2.84%$517.73
125,350 at 2.85%$518.39
125,350 at 2.86%$519.06
125,350 at 2.87%$519.73
125,350 at 2.88%$520.40
125,350 at 2.89%$521.07
125,350 at 2.9%$521.74
125,350 at 2.91%$522.42
125,350 at 2.92%$523.09
125,350 at 2.93%$523.76
125,350 at 2.94%$524.43
125,350 at 2.95%$525.11
125,350 at 2.96%$525.78
125,350 at 2.97%$526.45
125,350 at 2.98%$527.13
125,350 at 2.99%$527.80
125,350 at 3%$528.48
125,350 at 3.01%$529.16
125,350 at 3.02%$529.83
125,350 at 3.03%$530.51
125,350 at 3.04%$531.19
125,350 at 3.05%$531.87
125,350 at 3.06%$532.55
125,350 at 3.07%$533.22
125,350 at 3.08%$533.90
125,350 at 3.09%$534.58
125,350 at 3.1%$535.27
125,350 at 3.11%$535.95
125,350 at 3.12%$536.63
125,350 at 3.13%$537.31
125,350 at 3.14%$537.99
125,350 at 3.15%$538.68
125,350 at 3.16%$539.36
125,350 at 3.17%$540.04
125,350 at 3.18%$540.73
125,350 at 3.19%$541.41
125,350 at 3.2%$542.10
125,350 at 3.21%$542.78
125,350 at 3.22%$543.47
125,350 at 3.23%$544.16
125,350 at 3.24%$544.84
125,350 at 3.25%$545.53
125,350 at 3.26%$546.22
125,350 at 3.27%$546.91
125,350 at 3.28%$547.60
125,350 at 3.29%$548.29
125,350 at 3.3%$548.98
125,350 at 3.31%$549.67
125,350 at 3.32%$550.36
125,350 at 3.33%$551.05
125,350 at 3.34%$551.74
125,350 at 3.35%$552.43
125,350 at 3.36%$553.13
125,350 at 3.37%$553.82
125,350 at 3.38%$554.51
125,350 at 3.39%$555.21
125,350 at 3.4%$555.90
125,350 at 3.41%$556.60
125,350 at 3.42%$557.29
125,350 at 3.43%$557.99
125,350 at 3.44%$558.69
125,350 at 3.45%$559.38
125,350 at 3.46%$560.08
125,350 at 3.47%$560.78
125,350 at 3.48%$561.48
125,350 at 3.49%$562.18
125,350 at 3.5%$562.88
Interest Rate 30 Year
125,350 at 3.51%$563.58
125,350 at 3.52%$564.28
125,350 at 3.53%$564.98
125,350 at 3.54%$565.68
125,350 at 3.55%$566.38
125,350 at 3.56%$567.08
125,350 at 3.57%$567.79
125,350 at 3.58%$568.49
125,350 at 3.59%$569.19
125,350 at 3.6%$569.90
125,350 at 3.61%$570.60
125,350 at 3.62%$571.31
125,350 at 3.63%$572.01
125,350 at 3.64%$572.72
125,350 at 3.65%$573.43
125,350 at 3.66%$574.13
125,350 at 3.67%$574.84
125,350 at 3.68%$575.55
125,350 at 3.69%$576.26
125,350 at 3.7%$576.96
125,350 at 3.71%$577.67
125,350 at 3.72%$578.38
125,350 at 3.73%$579.09
125,350 at 3.74%$579.80
125,350 at 3.75%$580.52
125,350 at 3.76%$581.23
125,350 at 3.77%$581.94
125,350 at 3.78%$582.65
125,350 at 3.79%$583.36
125,350 at 3.8%$584.08
125,350 at 3.81%$584.79
125,350 at 3.82%$585.51
125,350 at 3.83%$586.22
125,350 at 3.84%$586.94
125,350 at 3.85%$587.65
125,350 at 3.86%$588.37
125,350 at 3.87%$589.08
125,350 at 3.88%$589.80
125,350 at 3.89%$590.52
125,350 at 3.9%$591.24
125,350 at 3.91%$591.95
125,350 at 3.92%$592.67
125,350 at 3.93%$593.39
125,350 at 3.94%$594.11
125,350 at 3.95%$594.83
125,350 at 3.96%$595.55
125,350 at 3.97%$596.27
125,350 at 3.98%$597.00
125,350 at 3.99%$597.72
125,350 at 4%$598.44
125,350 at 4.01%$599.16
125,350 at 4.02%$599.89
125,350 at 4.03%$600.61
125,350 at 4.04%$601.33
125,350 at 4.05%$602.06
125,350 at 4.06%$602.78
125,350 at 4.07%$603.51
125,350 at 4.08%$604.24
125,350 at 4.09%$604.96
125,350 at 4.1%$605.69
125,350 at 4.11%$606.42
125,350 at 4.12%$607.14
125,350 at 4.13%$607.87
125,350 at 4.14%$608.60
125,350 at 4.15%$609.33
125,350 at 4.16%$610.06
125,350 at 4.17%$610.79
125,350 at 4.18%$611.52
125,350 at 4.19%$612.25
125,350 at 4.2%$612.98
125,350 at 4.21%$613.71
125,350 at 4.22%$614.45
125,350 at 4.23%$615.18
125,350 at 4.24%$615.91
125,350 at 4.25%$616.65
125,350 at 4.26%$617.38
125,350 at 4.27%$618.12
125,350 at 4.28%$618.85
125,350 at 4.29%$619.59
125,350 at 4.3%$620.32
125,350 at 4.31%$621.06
125,350 at 4.32%$621.79
125,350 at 4.33%$622.53
125,350 at 4.34%$623.27
125,350 at 4.35%$624.01
125,350 at 4.36%$624.75
125,350 at 4.37%$625.48
125,350 at 4.38%$626.22
125,350 at 4.39%$626.96
125,350 at 4.4%$627.70
125,350 at 4.41%$628.44
125,350 at 4.42%$629.19
125,350 at 4.43%$629.93
125,350 at 4.44%$630.67
125,350 at 4.45%$631.41
125,350 at 4.46%$632.15
125,350 at 4.47%$632.90
125,350 at 4.48%$633.64
125,350 at 4.49%$634.39
125,350 at 4.5%$635.13
125,350 at 4.51%$635.88
125,350 at 4.52%$636.62
125,350 at 4.53%$637.37
125,350 at 4.54%$638.11
125,350 at 4.55%$638.86
125,350 at 4.56%$639.61
125,350 at 4.57%$640.35
125,350 at 4.58%$641.10
125,350 at 4.59%$641.85
125,350 at 4.6%$642.60
125,350 at 4.61%$643.35
125,350 at 4.62%$644.10
125,350 at 4.63%$644.85
125,350 at 4.64%$645.60
125,350 at 4.65%$646.35
125,350 at 4.66%$647.10
125,350 at 4.67%$647.85
125,350 at 4.68%$648.61
125,350 at 4.69%$649.36
125,350 at 4.7%$650.11
125,350 at 4.71%$650.87
125,350 at 4.72%$651.62
125,350 at 4.73%$652.37
125,350 at 4.74%$653.13
125,350 at 4.75%$653.88
125,350 at 4.76%$654.64
125,350 at 4.77%$655.40
125,350 at 4.78%$656.15
125,350 at 4.79%$656.91
125,350 at 4.8%$657.67
125,350 at 4.81%$658.43
125,350 at 4.82%$659.18
125,350 at 4.83%$659.94
125,350 at 4.84%$660.70
125,350 at 4.85%$661.46
125,350 at 4.86%$662.22
125,350 at 4.87%$662.98
125,350 at 4.88%$663.74
125,350 at 4.89%$664.50
125,350 at 4.9%$665.27
125,350 at 4.91%$666.03
125,350 at 4.92%$666.79
125,350 at 4.93%$667.55
125,350 at 4.94%$668.32
125,350 at 4.95%$669.08
125,350 at 4.96%$669.84
125,350 at 4.97%$670.61
125,350 at 4.98%$671.37
125,350 at 4.99%$672.14
125,350 at 5%$672.91
Interest Rate 30 Year
125,350 at 5.01%$673.67
125,350 at 5.02%$674.44
125,350 at 5.03%$675.21
125,350 at 5.04%$675.97
125,350 at 5.05%$676.74
125,350 at 5.06%$677.51
125,350 at 5.07%$678.28
125,350 at 5.08%$679.05
125,350 at 5.09%$679.82
125,350 at 5.1%$680.59
125,350 at 5.11%$681.36
125,350 at 5.12%$682.13
125,350 at 5.13%$682.90
125,350 at 5.14%$683.67
125,350 at 5.15%$684.44
125,350 at 5.16%$685.22
125,350 at 5.17%$685.99
125,350 at 5.18%$686.76
125,350 at 5.19%$687.54
125,350 at 5.2%$688.31
125,350 at 5.21%$689.09
125,350 at 5.22%$689.86
125,350 at 5.23%$690.64
125,350 at 5.24%$691.41
125,350 at 5.25%$692.19
125,350 at 5.26%$692.96
125,350 at 5.27%$693.74
125,350 at 5.28%$694.52
125,350 at 5.29%$695.30
125,350 at 5.3%$696.07
125,350 at 5.31%$696.85
125,350 at 5.32%$697.63
125,350 at 5.33%$698.41
125,350 at 5.34%$699.19
125,350 at 5.35%$699.97
125,350 at 5.36%$700.75
125,350 at 5.37%$701.53
125,350 at 5.38%$702.31
125,350 at 5.39%$703.10
125,350 at 5.4%$703.88
125,350 at 5.41%$704.66
125,350 at 5.42%$705.44
125,350 at 5.43%$706.23
125,350 at 5.44%$707.01
125,350 at 5.45%$707.80
125,350 at 5.46%$708.58
125,350 at 5.47%$709.37
125,350 at 5.48%$710.15
125,350 at 5.49%$710.94
125,350 at 5.5%$711.72
125,350 at 5.51%$712.51
125,350 at 5.52%$713.30
125,350 at 5.53%$714.08
125,350 at 5.54%$714.87
125,350 at 5.55%$715.66
125,350 at 5.56%$716.45
125,350 at 5.57%$717.24
125,350 at 5.58%$718.03
125,350 at 5.59%$718.82
125,350 at 5.6%$719.61
125,350 at 5.61%$720.40
125,350 at 5.62%$721.19
125,350 at 5.63%$721.98
125,350 at 5.64%$722.77
125,350 at 5.65%$723.57
125,350 at 5.66%$724.36
125,350 at 5.67%$725.15
125,350 at 5.68%$725.94
125,350 at 5.69%$726.74
125,350 at 5.7%$727.53
125,350 at 5.71%$728.33
125,350 at 5.72%$729.12
125,350 at 5.73%$729.92
125,350 at 5.74%$730.71
125,350 at 5.75%$731.51
125,350 at 5.76%$732.31
125,350 at 5.77%$733.10
125,350 at 5.78%$733.90
125,350 at 5.79%$734.70
125,350 at 5.8%$735.49
125,350 at 5.81%$736.29
125,350 at 5.82%$737.09
125,350 at 5.83%$737.89
125,350 at 5.84%$738.69
125,350 at 5.85%$739.49
125,350 at 5.86%$740.29
125,350 at 5.87%$741.09
125,350 at 5.88%$741.89
125,350 at 5.89%$742.69
125,350 at 5.9%$743.50
125,350 at 5.91%$744.30
125,350 at 5.92%$745.10
125,350 at 5.93%$745.90
125,350 at 5.94%$746.71
125,350 at 5.95%$747.51
125,350 at 5.96%$748.32
125,350 at 5.97%$749.12
125,350 at 5.98%$749.93
125,350 at 5.99%$750.73
125,350 at 6%$751.54
125,350 at 6.01%$752.34
125,350 at 6.02%$753.15
125,350 at 6.03%$753.96
125,350 at 6.04%$754.76
125,350 at 6.05%$755.57
125,350 at 6.06%$756.38
125,350 at 6.07%$757.19
125,350 at 6.08%$758.00
125,350 at 6.09%$758.80
125,350 at 6.1%$759.61
125,350 at 6.11%$760.42
125,350 at 6.12%$761.23
125,350 at 6.13%$762.05
125,350 at 6.14%$762.86
125,350 at 6.15%$763.67
125,350 at 6.16%$764.48
125,350 at 6.17%$765.29
125,350 at 6.18%$766.10
125,350 at 6.19%$766.92
125,350 at 6.2%$767.73
125,350 at 6.21%$768.54
125,350 at 6.22%$769.36
125,350 at 6.23%$770.17
125,350 at 6.24%$770.99
125,350 at 6.25%$771.80
125,350 at 6.26%$772.62
125,350 at 6.27%$773.43
125,350 at 6.28%$774.25
125,350 at 6.29%$775.07
125,350 at 6.3%$775.88
125,350 at 6.31%$776.70
125,350 at 6.32%$777.52
125,350 at 6.33%$778.34
125,350 at 6.34%$779.15
125,350 at 6.35%$779.97
125,350 at 6.36%$780.79
125,350 at 6.37%$781.61
125,350 at 6.38%$782.43
125,350 at 6.39%$783.25
125,350 at 6.4%$784.07
125,350 at 6.41%$784.89
125,350 at 6.42%$785.71
125,350 at 6.43%$786.54
125,350 at 6.44%$787.36
125,350 at 6.45%$788.18
125,350 at 6.46%$789.00
125,350 at 6.47%$789.83
125,350 at 6.48%$790.65
125,350 at 6.49%$791.47
125,350 at 6.5%$792.30
Interest Rate 30 Year
125,350 at 6.51%$793.12
125,350 at 6.52%$793.95
125,350 at 6.53%$794.77
125,350 at 6.54%$795.60
125,350 at 6.55%$796.42
125,350 at 6.56%$797.25
125,350 at 6.57%$798.08
125,350 at 6.58%$798.90
125,350 at 6.59%$799.73
125,350 at 6.6%$800.56
125,350 at 6.61%$801.39
125,350 at 6.62%$802.22
125,350 at 6.63%$803.04
125,350 at 6.64%$803.87
125,350 at 6.65%$804.70
125,350 at 6.66%$805.53
125,350 at 6.67%$806.36
125,350 at 6.68%$807.19
125,350 at 6.69%$808.02
125,350 at 6.7%$808.86
125,350 at 6.71%$809.69
125,350 at 6.72%$810.52
125,350 at 6.73%$811.35
125,350 at 6.74%$812.18
125,350 at 6.75%$813.02
125,350 at 6.76%$813.85
125,350 at 6.77%$814.68
125,350 at 6.78%$815.52
125,350 at 6.79%$816.35
125,350 at 6.8%$817.19
125,350 at 6.81%$818.02
125,350 at 6.82%$818.86
125,350 at 6.83%$819.69
125,350 at 6.84%$820.53
125,350 at 6.85%$821.37
125,350 at 6.86%$822.20
125,350 at 6.87%$823.04
125,350 at 6.88%$823.88
125,350 at 6.89%$824.72
125,350 at 6.9%$825.56
125,350 at 6.91%$826.39
125,350 at 6.92%$827.23
125,350 at 6.93%$828.07
125,350 at 6.94%$828.91
125,350 at 6.95%$829.75
125,350 at 6.96%$830.59
125,350 at 6.97%$831.43
125,350 at 6.98%$832.27
125,350 at 6.99%$833.12
125,350 at 7%$833.96
125,350 at 7.01%$834.80
125,350 at 7.02%$835.64
125,350 at 7.03%$836.48
125,350 at 7.04%$837.33
125,350 at 7.05%$838.17
125,350 at 7.06%$839.01
125,350 at 7.07%$839.86
125,350 at 7.08%$840.70
125,350 at 7.09%$841.55
125,350 at 7.1%$842.39
125,350 at 7.11%$843.24
125,350 at 7.12%$844.08
125,350 at 7.13%$844.93
125,350 at 7.14%$845.78
125,350 at 7.15%$846.62
125,350 at 7.16%$847.47
125,350 at 7.17%$848.32
125,350 at 7.18%$849.16
125,350 at 7.19%$850.01
125,350 at 7.2%$850.86
125,350 at 7.21%$851.71
125,350 at 7.22%$852.56
125,350 at 7.23%$853.41
125,350 at 7.24%$854.26
125,350 at 7.25%$855.11
125,350 at 7.26%$855.96
125,350 at 7.27%$856.81
125,350 at 7.28%$857.66
125,350 at 7.29%$858.51
125,350 at 7.3%$859.36
125,350 at 7.31%$860.22
125,350 at 7.32%$861.07
125,350 at 7.33%$861.92
125,350 at 7.34%$862.77
125,350 at 7.35%$863.63
125,350 at 7.36%$864.48
125,350 at 7.37%$865.33
125,350 at 7.38%$866.19
125,350 at 7.39%$867.04
125,350 at 7.4%$867.90
125,350 at 7.41%$868.75
125,350 at 7.42%$869.61
125,350 at 7.43%$870.46
125,350 at 7.44%$871.32
125,350 at 7.45%$872.18
125,350 at 7.46%$873.03
125,350 at 7.47%$873.89
125,350 at 7.48%$874.75
125,350 at 7.49%$875.61
125,350 at 7.5%$876.47
125,350 at 7.51%$877.32
125,350 at 7.52%$878.18
125,350 at 7.53%$879.04
125,350 at 7.54%$879.90
125,350 at 7.55%$880.76
125,350 at 7.56%$881.62
125,350 at 7.57%$882.48
125,350 at 7.58%$883.34
125,350 at 7.59%$884.20
125,350 at 7.6%$885.06
125,350 at 7.61%$885.93
125,350 at 7.62%$886.79
125,350 at 7.63%$887.65
125,350 at 7.64%$888.51
125,350 at 7.65%$889.38
125,350 at 7.66%$890.24
125,350 at 7.67%$891.10
125,350 at 7.68%$891.97
125,350 at 7.69%$892.83
125,350 at 7.7%$893.70
125,350 at 7.71%$894.56
125,350 at 7.72%$895.43
125,350 at 7.73%$896.29
125,350 at 7.74%$897.16
125,350 at 7.75%$898.02
125,350 at 7.76%$898.89
125,350 at 7.77%$899.76
125,350 at 7.78%$900.62
125,350 at 7.79%$901.49
125,350 at 7.8%$902.36
125,350 at 7.81%$903.23
125,350 at 7.82%$904.09
125,350 at 7.83%$904.96
125,350 at 7.84%$905.83
125,350 at 7.85%$906.70
125,350 at 7.86%$907.57
125,350 at 7.87%$908.44
125,350 at 7.88%$909.31
125,350 at 7.89%$910.18
125,350 at 7.9%$911.05
125,350 at 7.91%$911.92
125,350 at 7.92%$912.79
125,350 at 7.93%$913.66
125,350 at 7.94%$914.54
125,350 at 7.95%$915.41
125,350 at 7.96%$916.28
125,350 at 7.97%$917.15
125,350 at 7.98%$918.03
125,350 at 7.99%$918.90
125,350 at 8%$919.77
More Amounts
What is the down payment for a $125,350 house? How much do you need to put down?
Percent Down Down Payment
1%1,254
2%2,507
3%3,761
4%5,014
5%6,268
6%7,521
7%8,775
8%10,028
9%11,282
10%12,535
11%13,789
12%15,042
13%16,296
14%17,549
15%18,803
16%20,056
17%21,310
18%22,563
19%23,817
20%25,070
Percent Down Down Payment
21%26,324
22%27,577
23%28,831
24%30,084
25%31,338
26%32,591
27%33,845
28%35,098
29%36,352
30%37,605
31%38,859
32%40,112
33%41,366
34%42,619
35%43,873
36%45,126
37%46,380
38%47,633
39%48,887
40%50,140
Percent Down Down Payment
41%51,394
42%52,647
43%53,901
44%55,154
45%56,408
46%57,661
47%58,915
48%60,168
49%61,422
50%62,675
51%63,929
52%65,182
53%66,436
54%67,689
55%68,943
56%70,196
57%71,450
58%72,703
59%73,957
60%75,210
Percent Down Down Payment
61%76,464
62%77,717
63%78,971
64%80,224
65%81,478
66%82,731
67%83,985
68%85,238
69%86,492
70%87,745
71%88,999
72%90,252
73%91,506
74%92,759
75%94,013
76%95,266
77%96,520
78%97,773
79%99,027
80%100,280
Percent Down Down Payment
81%101,534
82%102,787
83%104,041
84%105,294
85%106,548
86%107,801
87%109,055
88%110,308
89%111,562
90%112,815
91%114,069
92%115,322
93%116,576
94%117,829
95%119,083
96%120,336
97%121,590
98%122,843
99%124,097
100%125,350
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.