$128,400 Mortgage for 30 Years

What is the monthly payment of a 128,400 dollar loan?
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Loan Tables for a $128,400 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 128k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $128,400 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
128,400 at 2.01%$475.23
128,400 at 2.02%$475.88
128,400 at 2.03%$476.52
128,400 at 2.04%$477.16
128,400 at 2.05%$477.81
128,400 at 2.06%$478.45
128,400 at 2.07%$479.10
128,400 at 2.08%$479.74
128,400 at 2.09%$480.39
128,400 at 2.1%$481.04
128,400 at 2.11%$481.69
128,400 at 2.12%$482.33
128,400 at 2.13%$482.98
128,400 at 2.14%$483.63
128,400 at 2.15%$484.28
128,400 at 2.16%$484.93
128,400 at 2.17%$485.58
128,400 at 2.18%$486.23
128,400 at 2.19%$486.88
128,400 at 2.2%$487.54
128,400 at 2.21%$488.19
128,400 at 2.22%$488.84
128,400 at 2.23%$489.50
128,400 at 2.24%$490.15
128,400 at 2.25%$490.80
128,400 at 2.26%$491.46
128,400 at 2.27%$492.11
128,400 at 2.28%$492.77
128,400 at 2.29%$493.43
128,400 at 2.3%$494.08
128,400 at 2.31%$494.74
128,400 at 2.32%$495.40
128,400 at 2.33%$496.06
128,400 at 2.34%$496.72
128,400 at 2.35%$497.38
128,400 at 2.36%$498.04
128,400 at 2.37%$498.70
128,400 at 2.38%$499.36
128,400 at 2.39%$500.02
128,400 at 2.4%$500.68
128,400 at 2.41%$501.35
128,400 at 2.42%$502.01
128,400 at 2.43%$502.67
128,400 at 2.44%$503.34
128,400 at 2.45%$504.00
128,400 at 2.46%$504.67
128,400 at 2.47%$505.33
128,400 at 2.48%$506.00
128,400 at 2.49%$506.67
128,400 at 2.5%$507.34
128,400 at 2.51%$508.00
128,400 at 2.52%$508.67
128,400 at 2.53%$509.34
128,400 at 2.54%$510.01
128,400 at 2.55%$510.68
128,400 at 2.56%$511.35
128,400 at 2.57%$512.02
128,400 at 2.58%$512.69
128,400 at 2.59%$513.36
128,400 at 2.6%$514.04
128,400 at 2.61%$514.71
128,400 at 2.62%$515.38
128,400 at 2.63%$516.06
128,400 at 2.64%$516.73
128,400 at 2.65%$517.41
128,400 at 2.66%$518.08
128,400 at 2.67%$518.76
128,400 at 2.68%$519.43
128,400 at 2.69%$520.11
128,400 at 2.7%$520.79
128,400 at 2.71%$521.47
128,400 at 2.72%$522.14
128,400 at 2.73%$522.82
128,400 at 2.74%$523.50
128,400 at 2.75%$524.18
128,400 at 2.76%$524.86
128,400 at 2.77%$525.54
128,400 at 2.78%$526.22
128,400 at 2.79%$526.91
128,400 at 2.8%$527.59
128,400 at 2.81%$528.27
128,400 at 2.82%$528.95
128,400 at 2.83%$529.64
128,400 at 2.84%$530.32
128,400 at 2.85%$531.01
128,400 at 2.86%$531.69
128,400 at 2.87%$532.38
128,400 at 2.88%$533.07
128,400 at 2.89%$533.75
128,400 at 2.9%$534.44
128,400 at 2.91%$535.13
128,400 at 2.92%$535.82
128,400 at 2.93%$536.50
128,400 at 2.94%$537.19
128,400 at 2.95%$537.88
128,400 at 2.96%$538.57
128,400 at 2.97%$539.26
128,400 at 2.98%$539.96
128,400 at 2.99%$540.65
128,400 at 3%$541.34
128,400 at 3.01%$542.03
128,400 at 3.02%$542.73
128,400 at 3.03%$543.42
128,400 at 3.04%$544.11
128,400 at 3.05%$544.81
128,400 at 3.06%$545.50
128,400 at 3.07%$546.20
128,400 at 3.08%$546.90
128,400 at 3.09%$547.59
128,400 at 3.1%$548.29
128,400 at 3.11%$548.99
128,400 at 3.12%$549.68
128,400 at 3.13%$550.38
128,400 at 3.14%$551.08
128,400 at 3.15%$551.78
128,400 at 3.16%$552.48
128,400 at 3.17%$553.18
128,400 at 3.18%$553.88
128,400 at 3.19%$554.59
128,400 at 3.2%$555.29
128,400 at 3.21%$555.99
128,400 at 3.22%$556.69
128,400 at 3.23%$557.40
128,400 at 3.24%$558.10
128,400 at 3.25%$558.80
128,400 at 3.26%$559.51
128,400 at 3.27%$560.22
128,400 at 3.28%$560.92
128,400 at 3.29%$561.63
128,400 at 3.3%$562.33
128,400 at 3.31%$563.04
128,400 at 3.32%$563.75
128,400 at 3.33%$564.46
128,400 at 3.34%$565.17
128,400 at 3.35%$565.88
128,400 at 3.36%$566.59
128,400 at 3.37%$567.30
128,400 at 3.38%$568.01
128,400 at 3.39%$568.72
128,400 at 3.4%$569.43
128,400 at 3.41%$570.14
128,400 at 3.42%$570.85
128,400 at 3.43%$571.57
128,400 at 3.44%$572.28
128,400 at 3.45%$573.00
128,400 at 3.46%$573.71
128,400 at 3.47%$574.43
128,400 at 3.48%$575.14
128,400 at 3.49%$575.86
128,400 at 3.5%$576.57
Interest Rate 30 Year
128,400 at 3.51%$577.29
128,400 at 3.52%$578.01
128,400 at 3.53%$578.73
128,400 at 3.54%$579.44
128,400 at 3.55%$580.16
128,400 at 3.56%$580.88
128,400 at 3.57%$581.60
128,400 at 3.58%$582.32
128,400 at 3.59%$583.04
128,400 at 3.6%$583.76
128,400 at 3.61%$584.49
128,400 at 3.62%$585.21
128,400 at 3.63%$585.93
128,400 at 3.64%$586.65
128,400 at 3.65%$587.38
128,400 at 3.66%$588.10
128,400 at 3.67%$588.83
128,400 at 3.68%$589.55
128,400 at 3.69%$590.28
128,400 at 3.7%$591.00
128,400 at 3.71%$591.73
128,400 at 3.72%$592.46
128,400 at 3.73%$593.18
128,400 at 3.74%$593.91
128,400 at 3.75%$594.64
128,400 at 3.76%$595.37
128,400 at 3.77%$596.10
128,400 at 3.78%$596.83
128,400 at 3.79%$597.56
128,400 at 3.8%$598.29
128,400 at 3.81%$599.02
128,400 at 3.82%$599.75
128,400 at 3.83%$600.48
128,400 at 3.84%$601.22
128,400 at 3.85%$601.95
128,400 at 3.86%$602.68
128,400 at 3.87%$603.42
128,400 at 3.88%$604.15
128,400 at 3.89%$604.89
128,400 at 3.9%$605.62
128,400 at 3.91%$606.36
128,400 at 3.92%$607.09
128,400 at 3.93%$607.83
128,400 at 3.94%$608.57
128,400 at 3.95%$609.31
128,400 at 3.96%$610.04
128,400 at 3.97%$610.78
128,400 at 3.98%$611.52
128,400 at 3.99%$612.26
128,400 at 4%$613.00
128,400 at 4.01%$613.74
128,400 at 4.02%$614.48
128,400 at 4.03%$615.22
128,400 at 4.04%$615.97
128,400 at 4.05%$616.71
128,400 at 4.06%$617.45
128,400 at 4.07%$618.19
128,400 at 4.08%$618.94
128,400 at 4.09%$619.68
128,400 at 4.1%$620.43
128,400 at 4.11%$621.17
128,400 at 4.12%$621.92
128,400 at 4.13%$622.66
128,400 at 4.14%$623.41
128,400 at 4.15%$624.16
128,400 at 4.16%$624.90
128,400 at 4.17%$625.65
128,400 at 4.18%$626.40
128,400 at 4.19%$627.15
128,400 at 4.2%$627.90
128,400 at 4.21%$628.65
128,400 at 4.22%$629.40
128,400 at 4.23%$630.15
128,400 at 4.24%$630.90
128,400 at 4.25%$631.65
128,400 at 4.26%$632.40
128,400 at 4.27%$633.16
128,400 at 4.28%$633.91
128,400 at 4.29%$634.66
128,400 at 4.3%$635.41
128,400 at 4.31%$636.17
128,400 at 4.32%$636.92
128,400 at 4.33%$637.68
128,400 at 4.34%$638.43
128,400 at 4.35%$639.19
128,400 at 4.36%$639.95
128,400 at 4.37%$640.70
128,400 at 4.38%$641.46
128,400 at 4.39%$642.22
128,400 at 4.4%$642.98
128,400 at 4.41%$643.74
128,400 at 4.42%$644.49
128,400 at 4.43%$645.25
128,400 at 4.44%$646.01
128,400 at 4.45%$646.77
128,400 at 4.46%$647.54
128,400 at 4.47%$648.30
128,400 at 4.48%$649.06
128,400 at 4.49%$649.82
128,400 at 4.5%$650.58
128,400 at 4.51%$651.35
128,400 at 4.52%$652.11
128,400 at 4.53%$652.87
128,400 at 4.54%$653.64
128,400 at 4.55%$654.40
128,400 at 4.56%$655.17
128,400 at 4.57%$655.94
128,400 at 4.58%$656.70
128,400 at 4.59%$657.47
128,400 at 4.6%$658.24
128,400 at 4.61%$659.00
128,400 at 4.62%$659.77
128,400 at 4.63%$660.54
128,400 at 4.64%$661.31
128,400 at 4.65%$662.08
128,400 at 4.66%$662.85
128,400 at 4.67%$663.62
128,400 at 4.68%$664.39
128,400 at 4.69%$665.16
128,400 at 4.7%$665.93
128,400 at 4.71%$666.70
128,400 at 4.72%$667.48
128,400 at 4.73%$668.25
128,400 at 4.74%$669.02
128,400 at 4.75%$669.80
128,400 at 4.76%$670.57
128,400 at 4.77%$671.34
128,400 at 4.78%$672.12
128,400 at 4.79%$672.89
128,400 at 4.8%$673.67
128,400 at 4.81%$674.45
128,400 at 4.82%$675.22
128,400 at 4.83%$676.00
128,400 at 4.84%$676.78
128,400 at 4.85%$677.56
128,400 at 4.86%$678.33
128,400 at 4.87%$679.11
128,400 at 4.88%$679.89
128,400 at 4.89%$680.67
128,400 at 4.9%$681.45
128,400 at 4.91%$682.23
128,400 at 4.92%$683.01
128,400 at 4.93%$683.80
128,400 at 4.94%$684.58
128,400 at 4.95%$685.36
128,400 at 4.96%$686.14
128,400 at 4.97%$686.93
128,400 at 4.98%$687.71
128,400 at 4.99%$688.49
128,400 at 5%$689.28
Interest Rate 30 Year
128,400 at 5.01%$690.06
128,400 at 5.02%$690.85
128,400 at 5.03%$691.64
128,400 at 5.04%$692.42
128,400 at 5.05%$693.21
128,400 at 5.06%$693.99
128,400 at 5.07%$694.78
128,400 at 5.08%$695.57
128,400 at 5.09%$696.36
128,400 at 5.1%$697.15
128,400 at 5.11%$697.94
128,400 at 5.12%$698.73
128,400 at 5.13%$699.52
128,400 at 5.14%$700.31
128,400 at 5.15%$701.10
128,400 at 5.16%$701.89
128,400 at 5.17%$702.68
128,400 at 5.18%$703.47
128,400 at 5.19%$704.27
128,400 at 5.2%$705.06
128,400 at 5.21%$705.85
128,400 at 5.22%$706.65
128,400 at 5.23%$707.44
128,400 at 5.24%$708.23
128,400 at 5.25%$709.03
128,400 at 5.26%$709.83
128,400 at 5.27%$710.62
128,400 at 5.28%$711.42
128,400 at 5.29%$712.21
128,400 at 5.3%$713.01
128,400 at 5.31%$713.81
128,400 at 5.32%$714.61
128,400 at 5.33%$715.41
128,400 at 5.34%$716.20
128,400 at 5.35%$717.00
128,400 at 5.36%$717.80
128,400 at 5.37%$718.60
128,400 at 5.38%$719.40
128,400 at 5.39%$720.20
128,400 at 5.4%$721.01
128,400 at 5.41%$721.81
128,400 at 5.42%$722.61
128,400 at 5.43%$723.41
128,400 at 5.44%$724.21
128,400 at 5.45%$725.02
128,400 at 5.46%$725.82
128,400 at 5.47%$726.63
128,400 at 5.48%$727.43
128,400 at 5.49%$728.24
128,400 at 5.5%$729.04
128,400 at 5.51%$729.85
128,400 at 5.52%$730.65
128,400 at 5.53%$731.46
128,400 at 5.54%$732.27
128,400 at 5.55%$733.07
128,400 at 5.56%$733.88
128,400 at 5.57%$734.69
128,400 at 5.58%$735.50
128,400 at 5.59%$736.31
128,400 at 5.6%$737.12
128,400 at 5.61%$737.93
128,400 at 5.62%$738.74
128,400 at 5.63%$739.55
128,400 at 5.64%$740.36
128,400 at 5.65%$741.17
128,400 at 5.66%$741.98
128,400 at 5.67%$742.79
128,400 at 5.68%$743.61
128,400 at 5.69%$744.42
128,400 at 5.7%$745.23
128,400 at 5.71%$746.05
128,400 at 5.72%$746.86
128,400 at 5.73%$747.68
128,400 at 5.74%$748.49
128,400 at 5.75%$749.31
128,400 at 5.76%$750.12
128,400 at 5.77%$750.94
128,400 at 5.78%$751.76
128,400 at 5.79%$752.57
128,400 at 5.8%$753.39
128,400 at 5.81%$754.21
128,400 at 5.82%$755.03
128,400 at 5.83%$755.85
128,400 at 5.84%$756.66
128,400 at 5.85%$757.48
128,400 at 5.86%$758.30
128,400 at 5.87%$759.12
128,400 at 5.88%$759.94
128,400 at 5.89%$760.77
128,400 at 5.9%$761.59
128,400 at 5.91%$762.41
128,400 at 5.92%$763.23
128,400 at 5.93%$764.05
128,400 at 5.94%$764.88
128,400 at 5.95%$765.70
128,400 at 5.96%$766.52
128,400 at 5.97%$767.35
128,400 at 5.98%$768.17
128,400 at 5.99%$769.00
128,400 at 6%$769.82
128,400 at 6.01%$770.65
128,400 at 6.02%$771.47
128,400 at 6.03%$772.30
128,400 at 6.04%$773.13
128,400 at 6.05%$773.96
128,400 at 6.06%$774.78
128,400 at 6.07%$775.61
128,400 at 6.08%$776.44
128,400 at 6.09%$777.27
128,400 at 6.1%$778.10
128,400 at 6.11%$778.93
128,400 at 6.12%$779.76
128,400 at 6.13%$780.59
128,400 at 6.14%$781.42
128,400 at 6.15%$782.25
128,400 at 6.16%$783.08
128,400 at 6.17%$783.91
128,400 at 6.18%$784.74
128,400 at 6.19%$785.58
128,400 at 6.2%$786.41
128,400 at 6.21%$787.24
128,400 at 6.22%$788.08
128,400 at 6.23%$788.91
128,400 at 6.24%$789.75
128,400 at 6.25%$790.58
128,400 at 6.26%$791.42
128,400 at 6.27%$792.25
128,400 at 6.28%$793.09
128,400 at 6.29%$793.92
128,400 at 6.3%$794.76
128,400 at 6.31%$795.60
128,400 at 6.32%$796.44
128,400 at 6.33%$797.27
128,400 at 6.34%$798.11
128,400 at 6.35%$798.95
128,400 at 6.36%$799.79
128,400 at 6.37%$800.63
128,400 at 6.38%$801.47
128,400 at 6.39%$802.31
128,400 at 6.4%$803.15
128,400 at 6.41%$803.99
128,400 at 6.42%$804.83
128,400 at 6.43%$805.67
128,400 at 6.44%$806.52
128,400 at 6.45%$807.36
128,400 at 6.46%$808.20
128,400 at 6.47%$809.04
128,400 at 6.48%$809.89
128,400 at 6.49%$810.73
128,400 at 6.5%$811.58
Interest Rate 30 Year
128,400 at 6.51%$812.42
128,400 at 6.52%$813.26
128,400 at 6.53%$814.11
128,400 at 6.54%$814.96
128,400 at 6.55%$815.80
128,400 at 6.56%$816.65
128,400 at 6.57%$817.50
128,400 at 6.58%$818.34
128,400 at 6.59%$819.19
128,400 at 6.6%$820.04
128,400 at 6.61%$820.89
128,400 at 6.62%$821.73
128,400 at 6.63%$822.58
128,400 at 6.64%$823.43
128,400 at 6.65%$824.28
128,400 at 6.66%$825.13
128,400 at 6.67%$825.98
128,400 at 6.68%$826.83
128,400 at 6.69%$827.69
128,400 at 6.7%$828.54
128,400 at 6.71%$829.39
128,400 at 6.72%$830.24
128,400 at 6.73%$831.09
128,400 at 6.74%$831.95
128,400 at 6.75%$832.80
128,400 at 6.76%$833.65
128,400 at 6.77%$834.51
128,400 at 6.78%$835.36
128,400 at 6.79%$836.22
128,400 at 6.8%$837.07
128,400 at 6.81%$837.93
128,400 at 6.82%$838.78
128,400 at 6.83%$839.64
128,400 at 6.84%$840.50
128,400 at 6.85%$841.35
128,400 at 6.86%$842.21
128,400 at 6.87%$843.07
128,400 at 6.88%$843.93
128,400 at 6.89%$844.78
128,400 at 6.9%$845.64
128,400 at 6.91%$846.50
128,400 at 6.92%$847.36
128,400 at 6.93%$848.22
128,400 at 6.94%$849.08
128,400 at 6.95%$849.94
128,400 at 6.96%$850.80
128,400 at 6.97%$851.66
128,400 at 6.98%$852.52
128,400 at 6.99%$853.39
128,400 at 7%$854.25
128,400 at 7.01%$855.11
128,400 at 7.02%$855.97
128,400 at 7.03%$856.84
128,400 at 7.04%$857.70
128,400 at 7.05%$858.56
128,400 at 7.06%$859.43
128,400 at 7.07%$860.29
128,400 at 7.08%$861.16
128,400 at 7.09%$862.02
128,400 at 7.1%$862.89
128,400 at 7.11%$863.75
128,400 at 7.12%$864.62
128,400 at 7.13%$865.49
128,400 at 7.14%$866.35
128,400 at 7.15%$867.22
128,400 at 7.16%$868.09
128,400 at 7.17%$868.96
128,400 at 7.18%$869.83
128,400 at 7.19%$870.70
128,400 at 7.2%$871.56
128,400 at 7.21%$872.43
128,400 at 7.22%$873.30
128,400 at 7.23%$874.17
128,400 at 7.24%$875.04
128,400 at 7.25%$875.91
128,400 at 7.26%$876.79
128,400 at 7.27%$877.66
128,400 at 7.28%$878.53
128,400 at 7.29%$879.40
128,400 at 7.3%$880.27
128,400 at 7.31%$881.15
128,400 at 7.32%$882.02
128,400 at 7.33%$882.89
128,400 at 7.34%$883.77
128,400 at 7.35%$884.64
128,400 at 7.36%$885.51
128,400 at 7.37%$886.39
128,400 at 7.38%$887.26
128,400 at 7.39%$888.14
128,400 at 7.4%$889.02
128,400 at 7.41%$889.89
128,400 at 7.42%$890.77
128,400 at 7.43%$891.64
128,400 at 7.44%$892.52
128,400 at 7.45%$893.40
128,400 at 7.46%$894.28
128,400 at 7.47%$895.16
128,400 at 7.48%$896.03
128,400 at 7.49%$896.91
128,400 at 7.5%$897.79
128,400 at 7.51%$898.67
128,400 at 7.52%$899.55
128,400 at 7.53%$900.43
128,400 at 7.54%$901.31
128,400 at 7.55%$902.19
128,400 at 7.56%$903.07
128,400 at 7.57%$903.95
128,400 at 7.58%$904.84
128,400 at 7.59%$905.72
128,400 at 7.6%$906.60
128,400 at 7.61%$907.48
128,400 at 7.62%$908.37
128,400 at 7.63%$909.25
128,400 at 7.64%$910.13
128,400 at 7.65%$911.02
128,400 at 7.66%$911.90
128,400 at 7.67%$912.79
128,400 at 7.68%$913.67
128,400 at 7.69%$914.56
128,400 at 7.7%$915.44
128,400 at 7.71%$916.33
128,400 at 7.72%$917.21
128,400 at 7.73%$918.10
128,400 at 7.74%$918.99
128,400 at 7.75%$919.87
128,400 at 7.76%$920.76
128,400 at 7.77%$921.65
128,400 at 7.78%$922.54
128,400 at 7.79%$923.43
128,400 at 7.8%$924.31
128,400 at 7.81%$925.20
128,400 at 7.82%$926.09
128,400 at 7.83%$926.98
128,400 at 7.84%$927.87
128,400 at 7.85%$928.76
128,400 at 7.86%$929.65
128,400 at 7.87%$930.54
128,400 at 7.88%$931.43
128,400 at 7.89%$932.33
128,400 at 7.9%$933.22
128,400 at 7.91%$934.11
128,400 at 7.92%$935.00
128,400 at 7.93%$935.90
128,400 at 7.94%$936.79
128,400 at 7.95%$937.68
128,400 at 7.96%$938.58
128,400 at 7.97%$939.47
128,400 at 7.98%$940.36
128,400 at 7.99%$941.26
128,400 at 8%$942.15
More Amounts
What is the down payment for a $128,400 house? How much do you need to put down?
Percent Down Down Payment
1%1,284
2%2,568
3%3,852
4%5,136
5%6,420
6%7,704
7%8,988
8%10,272
9%11,556
10%12,840
11%14,124
12%15,408
13%16,692
14%17,976
15%19,260
16%20,544
17%21,828
18%23,112
19%24,396
20%25,680
Percent Down Down Payment
21%26,964
22%28,248
23%29,532
24%30,816
25%32,100
26%33,384
27%34,668
28%35,952
29%37,236
30%38,520
31%39,804
32%41,088
33%42,372
34%43,656
35%44,940
36%46,224
37%47,508
38%48,792
39%50,076
40%51,360
Percent Down Down Payment
41%52,644
42%53,928
43%55,212
44%56,496
45%57,780
46%59,064
47%60,348
48%61,632
49%62,916
50%64,200
51%65,484
52%66,768
53%68,052
54%69,336
55%70,620
56%71,904
57%73,188
58%74,472
59%75,756
60%77,040
Percent Down Down Payment
61%78,324
62%79,608
63%80,892
64%82,176
65%83,460
66%84,744
67%86,028
68%87,312
69%88,596
70%89,880
71%91,164
72%92,448
73%93,732
74%95,016
75%96,300
76%97,584
77%98,868
78%100,152
79%101,436
80%102,720
Percent Down Down Payment
81%104,004
82%105,288
83%106,572
84%107,856
85%109,140
86%110,424
87%111,708
88%112,992
89%114,276
90%115,560
91%116,844
92%118,128
93%119,412
94%120,696
95%121,980
96%123,264
97%124,548
98%125,832
99%127,116
100%128,400
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.