$130,050 Mortgage for 30 Years

What is the monthly payment of a 130,050 dollar loan?
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Loan Tables for a $130,050 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 130k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $130,050 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
130,050 at 2.01%$481.34
130,050 at 2.02%$481.99
130,050 at 2.03%$482.64
130,050 at 2.04%$483.30
130,050 at 2.05%$483.95
130,050 at 2.06%$484.60
130,050 at 2.07%$485.26
130,050 at 2.08%$485.91
130,050 at 2.09%$486.56
130,050 at 2.1%$487.22
130,050 at 2.11%$487.88
130,050 at 2.12%$488.53
130,050 at 2.13%$489.19
130,050 at 2.14%$489.85
130,050 at 2.15%$490.50
130,050 at 2.16%$491.16
130,050 at 2.17%$491.82
130,050 at 2.18%$492.48
130,050 at 2.19%$493.14
130,050 at 2.2%$493.80
130,050 at 2.21%$494.46
130,050 at 2.22%$495.12
130,050 at 2.23%$495.79
130,050 at 2.24%$496.45
130,050 at 2.25%$497.11
130,050 at 2.26%$497.77
130,050 at 2.27%$498.44
130,050 at 2.28%$499.10
130,050 at 2.29%$499.77
130,050 at 2.3%$500.43
130,050 at 2.31%$501.10
130,050 at 2.32%$501.77
130,050 at 2.33%$502.43
130,050 at 2.34%$503.10
130,050 at 2.35%$503.77
130,050 at 2.36%$504.44
130,050 at 2.37%$505.11
130,050 at 2.38%$505.78
130,050 at 2.39%$506.45
130,050 at 2.4%$507.12
130,050 at 2.41%$507.79
130,050 at 2.42%$508.46
130,050 at 2.43%$509.13
130,050 at 2.44%$509.81
130,050 at 2.45%$510.48
130,050 at 2.46%$511.15
130,050 at 2.47%$511.83
130,050 at 2.48%$512.50
130,050 at 2.49%$513.18
130,050 at 2.5%$513.85
130,050 at 2.51%$514.53
130,050 at 2.52%$515.21
130,050 at 2.53%$515.89
130,050 at 2.54%$516.56
130,050 at 2.55%$517.24
130,050 at 2.56%$517.92
130,050 at 2.57%$518.60
130,050 at 2.58%$519.28
130,050 at 2.59%$519.96
130,050 at 2.6%$520.64
130,050 at 2.61%$521.32
130,050 at 2.62%$522.01
130,050 at 2.63%$522.69
130,050 at 2.64%$523.37
130,050 at 2.65%$524.05
130,050 at 2.66%$524.74
130,050 at 2.67%$525.42
130,050 at 2.68%$526.11
130,050 at 2.69%$526.79
130,050 at 2.7%$527.48
130,050 at 2.71%$528.17
130,050 at 2.72%$528.85
130,050 at 2.73%$529.54
130,050 at 2.74%$530.23
130,050 at 2.75%$530.92
130,050 at 2.76%$531.61
130,050 at 2.77%$532.30
130,050 at 2.78%$532.99
130,050 at 2.79%$533.68
130,050 at 2.8%$534.37
130,050 at 2.81%$535.06
130,050 at 2.82%$535.75
130,050 at 2.83%$536.44
130,050 at 2.84%$537.14
130,050 at 2.85%$537.83
130,050 at 2.86%$538.53
130,050 at 2.87%$539.22
130,050 at 2.88%$539.92
130,050 at 2.89%$540.61
130,050 at 2.9%$541.31
130,050 at 2.91%$542.00
130,050 at 2.92%$542.70
130,050 at 2.93%$543.40
130,050 at 2.94%$544.10
130,050 at 2.95%$544.80
130,050 at 2.96%$545.49
130,050 at 2.97%$546.19
130,050 at 2.98%$546.89
130,050 at 2.99%$547.59
130,050 at 3%$548.30
130,050 at 3.01%$549.00
130,050 at 3.02%$549.70
130,050 at 3.03%$550.40
130,050 at 3.04%$551.11
130,050 at 3.05%$551.81
130,050 at 3.06%$552.51
130,050 at 3.07%$553.22
130,050 at 3.08%$553.92
130,050 at 3.09%$554.63
130,050 at 3.1%$555.33
130,050 at 3.11%$556.04
130,050 at 3.12%$556.75
130,050 at 3.13%$557.46
130,050 at 3.14%$558.16
130,050 at 3.15%$558.87
130,050 at 3.16%$559.58
130,050 at 3.17%$560.29
130,050 at 3.18%$561.00
130,050 at 3.19%$561.71
130,050 at 3.2%$562.42
130,050 at 3.21%$563.13
130,050 at 3.22%$563.85
130,050 at 3.23%$564.56
130,050 at 3.24%$565.27
130,050 at 3.25%$565.99
130,050 at 3.26%$566.70
130,050 at 3.27%$567.41
130,050 at 3.28%$568.13
130,050 at 3.29%$568.84
130,050 at 3.3%$569.56
130,050 at 3.31%$570.28
130,050 at 3.32%$570.99
130,050 at 3.33%$571.71
130,050 at 3.34%$572.43
130,050 at 3.35%$573.15
130,050 at 3.36%$573.87
130,050 at 3.37%$574.59
130,050 at 3.38%$575.31
130,050 at 3.39%$576.03
130,050 at 3.4%$576.75
130,050 at 3.41%$577.47
130,050 at 3.42%$578.19
130,050 at 3.43%$578.91
130,050 at 3.44%$579.64
130,050 at 3.45%$580.36
130,050 at 3.46%$581.08
130,050 at 3.47%$581.81
130,050 at 3.48%$582.53
130,050 at 3.49%$583.26
130,050 at 3.5%$583.98
Interest Rate 30 Year
130,050 at 3.51%$584.71
130,050 at 3.52%$585.44
130,050 at 3.53%$586.16
130,050 at 3.54%$586.89
130,050 at 3.55%$587.62
130,050 at 3.56%$588.35
130,050 at 3.57%$589.08
130,050 at 3.58%$589.81
130,050 at 3.59%$590.54
130,050 at 3.6%$591.27
130,050 at 3.61%$592.00
130,050 at 3.62%$592.73
130,050 at 3.63%$593.46
130,050 at 3.64%$594.19
130,050 at 3.65%$594.93
130,050 at 3.66%$595.66
130,050 at 3.67%$596.39
130,050 at 3.68%$597.13
130,050 at 3.69%$597.86
130,050 at 3.7%$598.60
130,050 at 3.71%$599.33
130,050 at 3.72%$600.07
130,050 at 3.73%$600.81
130,050 at 3.74%$601.54
130,050 at 3.75%$602.28
130,050 at 3.76%$603.02
130,050 at 3.77%$603.76
130,050 at 3.78%$604.50
130,050 at 3.79%$605.24
130,050 at 3.8%$605.98
130,050 at 3.81%$606.72
130,050 at 3.82%$607.46
130,050 at 3.83%$608.20
130,050 at 3.84%$608.94
130,050 at 3.85%$609.69
130,050 at 3.86%$610.43
130,050 at 3.87%$611.17
130,050 at 3.88%$611.92
130,050 at 3.89%$612.66
130,050 at 3.9%$613.40
130,050 at 3.91%$614.15
130,050 at 3.92%$614.90
130,050 at 3.93%$615.64
130,050 at 3.94%$616.39
130,050 at 3.95%$617.14
130,050 at 3.96%$617.88
130,050 at 3.97%$618.63
130,050 at 3.98%$619.38
130,050 at 3.99%$620.13
130,050 at 4%$620.88
130,050 at 4.01%$621.63
130,050 at 4.02%$622.38
130,050 at 4.03%$623.13
130,050 at 4.04%$623.88
130,050 at 4.05%$624.63
130,050 at 4.06%$625.39
130,050 at 4.07%$626.14
130,050 at 4.08%$626.89
130,050 at 4.09%$627.65
130,050 at 4.1%$628.40
130,050 at 4.11%$629.15
130,050 at 4.12%$629.91
130,050 at 4.13%$630.66
130,050 at 4.14%$631.42
130,050 at 4.15%$632.18
130,050 at 4.16%$632.93
130,050 at 4.17%$633.69
130,050 at 4.18%$634.45
130,050 at 4.19%$635.21
130,050 at 4.2%$635.97
130,050 at 4.21%$636.73
130,050 at 4.22%$637.49
130,050 at 4.23%$638.25
130,050 at 4.24%$639.01
130,050 at 4.25%$639.77
130,050 at 4.26%$640.53
130,050 at 4.27%$641.29
130,050 at 4.28%$642.05
130,050 at 4.29%$642.82
130,050 at 4.3%$643.58
130,050 at 4.31%$644.34
130,050 at 4.32%$645.11
130,050 at 4.33%$645.87
130,050 at 4.34%$646.64
130,050 at 4.35%$647.40
130,050 at 4.36%$648.17
130,050 at 4.37%$648.94
130,050 at 4.38%$649.70
130,050 at 4.39%$650.47
130,050 at 4.4%$651.24
130,050 at 4.41%$652.01
130,050 at 4.42%$652.78
130,050 at 4.43%$653.55
130,050 at 4.44%$654.32
130,050 at 4.45%$655.09
130,050 at 4.46%$655.86
130,050 at 4.47%$656.63
130,050 at 4.48%$657.40
130,050 at 4.49%$658.17
130,050 at 4.5%$658.94
130,050 at 4.51%$659.72
130,050 at 4.52%$660.49
130,050 at 4.53%$661.26
130,050 at 4.54%$662.04
130,050 at 4.55%$662.81
130,050 at 4.56%$663.59
130,050 at 4.57%$664.36
130,050 at 4.58%$665.14
130,050 at 4.59%$665.92
130,050 at 4.6%$666.69
130,050 at 4.61%$667.47
130,050 at 4.62%$668.25
130,050 at 4.63%$669.03
130,050 at 4.64%$669.81
130,050 at 4.65%$670.59
130,050 at 4.66%$671.37
130,050 at 4.67%$672.15
130,050 at 4.68%$672.93
130,050 at 4.69%$673.71
130,050 at 4.7%$674.49
130,050 at 4.71%$675.27
130,050 at 4.72%$676.05
130,050 at 4.73%$676.84
130,050 at 4.74%$677.62
130,050 at 4.75%$678.40
130,050 at 4.76%$679.19
130,050 at 4.77%$679.97
130,050 at 4.78%$680.76
130,050 at 4.79%$681.54
130,050 at 4.8%$682.33
130,050 at 4.81%$683.11
130,050 at 4.82%$683.90
130,050 at 4.83%$684.69
130,050 at 4.84%$685.48
130,050 at 4.85%$686.26
130,050 at 4.86%$687.05
130,050 at 4.87%$687.84
130,050 at 4.88%$688.63
130,050 at 4.89%$689.42
130,050 at 4.9%$690.21
130,050 at 4.91%$691.00
130,050 at 4.92%$691.79
130,050 at 4.93%$692.58
130,050 at 4.94%$693.38
130,050 at 4.95%$694.17
130,050 at 4.96%$694.96
130,050 at 4.97%$695.75
130,050 at 4.98%$696.55
130,050 at 4.99%$697.34
130,050 at 5%$698.14
Interest Rate 30 Year
130,050 at 5.01%$698.93
130,050 at 5.02%$699.73
130,050 at 5.03%$700.52
130,050 at 5.04%$701.32
130,050 at 5.05%$702.12
130,050 at 5.06%$702.91
130,050 at 5.07%$703.71
130,050 at 5.08%$704.51
130,050 at 5.09%$705.31
130,050 at 5.1%$706.11
130,050 at 5.11%$706.91
130,050 at 5.12%$707.71
130,050 at 5.13%$708.51
130,050 at 5.14%$709.31
130,050 at 5.15%$710.11
130,050 at 5.16%$710.91
130,050 at 5.17%$711.71
130,050 at 5.18%$712.51
130,050 at 5.19%$713.32
130,050 at 5.2%$714.12
130,050 at 5.21%$714.92
130,050 at 5.22%$715.73
130,050 at 5.23%$716.53
130,050 at 5.24%$717.34
130,050 at 5.25%$718.14
130,050 at 5.26%$718.95
130,050 at 5.27%$719.75
130,050 at 5.28%$720.56
130,050 at 5.29%$721.37
130,050 at 5.3%$722.17
130,050 at 5.31%$722.98
130,050 at 5.32%$723.79
130,050 at 5.33%$724.60
130,050 at 5.34%$725.41
130,050 at 5.35%$726.22
130,050 at 5.36%$727.03
130,050 at 5.37%$727.84
130,050 at 5.38%$728.65
130,050 at 5.39%$729.46
130,050 at 5.4%$730.27
130,050 at 5.41%$731.08
130,050 at 5.42%$731.90
130,050 at 5.43%$732.71
130,050 at 5.44%$733.52
130,050 at 5.45%$734.34
130,050 at 5.46%$735.15
130,050 at 5.47%$735.96
130,050 at 5.48%$736.78
130,050 at 5.49%$737.59
130,050 at 5.5%$738.41
130,050 at 5.51%$739.23
130,050 at 5.52%$740.04
130,050 at 5.53%$740.86
130,050 at 5.54%$741.68
130,050 at 5.55%$742.49
130,050 at 5.56%$743.31
130,050 at 5.57%$744.13
130,050 at 5.58%$744.95
130,050 at 5.59%$745.77
130,050 at 5.6%$746.59
130,050 at 5.61%$747.41
130,050 at 5.62%$748.23
130,050 at 5.63%$749.05
130,050 at 5.64%$749.87
130,050 at 5.65%$750.70
130,050 at 5.66%$751.52
130,050 at 5.67%$752.34
130,050 at 5.68%$753.16
130,050 at 5.69%$753.99
130,050 at 5.7%$754.81
130,050 at 5.71%$755.64
130,050 at 5.72%$756.46
130,050 at 5.73%$757.28
130,050 at 5.74%$758.11
130,050 at 5.75%$758.94
130,050 at 5.76%$759.76
130,050 at 5.77%$760.59
130,050 at 5.78%$761.42
130,050 at 5.79%$762.24
130,050 at 5.8%$763.07
130,050 at 5.81%$763.90
130,050 at 5.82%$764.73
130,050 at 5.83%$765.56
130,050 at 5.84%$766.39
130,050 at 5.85%$767.22
130,050 at 5.86%$768.05
130,050 at 5.87%$768.88
130,050 at 5.88%$769.71
130,050 at 5.89%$770.54
130,050 at 5.9%$771.37
130,050 at 5.91%$772.21
130,050 at 5.92%$773.04
130,050 at 5.93%$773.87
130,050 at 5.94%$774.71
130,050 at 5.95%$775.54
130,050 at 5.96%$776.37
130,050 at 5.97%$777.21
130,050 at 5.98%$778.04
130,050 at 5.99%$778.88
130,050 at 6%$779.72
130,050 at 6.01%$780.55
130,050 at 6.02%$781.39
130,050 at 6.03%$782.23
130,050 at 6.04%$783.06
130,050 at 6.05%$783.90
130,050 at 6.06%$784.74
130,050 at 6.07%$785.58
130,050 at 6.08%$786.42
130,050 at 6.09%$787.26
130,050 at 6.1%$788.10
130,050 at 6.11%$788.94
130,050 at 6.12%$789.78
130,050 at 6.13%$790.62
130,050 at 6.14%$791.46
130,050 at 6.15%$792.30
130,050 at 6.16%$793.14
130,050 at 6.17%$793.99
130,050 at 6.18%$794.83
130,050 at 6.19%$795.67
130,050 at 6.2%$796.52
130,050 at 6.21%$797.36
130,050 at 6.22%$798.20
130,050 at 6.23%$799.05
130,050 at 6.24%$799.89
130,050 at 6.25%$800.74
130,050 at 6.26%$801.59
130,050 at 6.27%$802.43
130,050 at 6.28%$803.28
130,050 at 6.29%$804.13
130,050 at 6.3%$804.97
130,050 at 6.31%$805.82
130,050 at 6.32%$806.67
130,050 at 6.33%$807.52
130,050 at 6.34%$808.37
130,050 at 6.35%$809.22
130,050 at 6.36%$810.07
130,050 at 6.37%$810.92
130,050 at 6.38%$811.77
130,050 at 6.39%$812.62
130,050 at 6.4%$813.47
130,050 at 6.41%$814.32
130,050 at 6.42%$815.17
130,050 at 6.43%$816.03
130,050 at 6.44%$816.88
130,050 at 6.45%$817.73
130,050 at 6.46%$818.59
130,050 at 6.47%$819.44
130,050 at 6.48%$820.29
130,050 at 6.49%$821.15
130,050 at 6.5%$822.00
Interest Rate 30 Year
130,050 at 6.51%$822.86
130,050 at 6.52%$823.72
130,050 at 6.53%$824.57
130,050 at 6.54%$825.43
130,050 at 6.55%$826.29
130,050 at 6.56%$827.14
130,050 at 6.57%$828.00
130,050 at 6.58%$828.86
130,050 at 6.59%$829.72
130,050 at 6.6%$830.58
130,050 at 6.61%$831.43
130,050 at 6.62%$832.29
130,050 at 6.63%$833.15
130,050 at 6.64%$834.01
130,050 at 6.65%$834.88
130,050 at 6.66%$835.74
130,050 at 6.67%$836.60
130,050 at 6.68%$837.46
130,050 at 6.69%$838.32
130,050 at 6.7%$839.18
130,050 at 6.71%$840.05
130,050 at 6.72%$840.91
130,050 at 6.73%$841.77
130,050 at 6.74%$842.64
130,050 at 6.75%$843.50
130,050 at 6.76%$844.37
130,050 at 6.77%$845.23
130,050 at 6.78%$846.10
130,050 at 6.79%$846.96
130,050 at 6.8%$847.83
130,050 at 6.81%$848.70
130,050 at 6.82%$849.56
130,050 at 6.83%$850.43
130,050 at 6.84%$851.30
130,050 at 6.85%$852.16
130,050 at 6.86%$853.03
130,050 at 6.87%$853.90
130,050 at 6.88%$854.77
130,050 at 6.89%$855.64
130,050 at 6.9%$856.51
130,050 at 6.91%$857.38
130,050 at 6.92%$858.25
130,050 at 6.93%$859.12
130,050 at 6.94%$859.99
130,050 at 6.95%$860.86
130,050 at 6.96%$861.74
130,050 at 6.97%$862.61
130,050 at 6.98%$863.48
130,050 at 6.99%$864.35
130,050 at 7%$865.23
130,050 at 7.01%$866.10
130,050 at 7.02%$866.97
130,050 at 7.03%$867.85
130,050 at 7.04%$868.72
130,050 at 7.05%$869.60
130,050 at 7.06%$870.47
130,050 at 7.07%$871.35
130,050 at 7.08%$872.22
130,050 at 7.09%$873.10
130,050 at 7.1%$873.98
130,050 at 7.11%$874.85
130,050 at 7.12%$875.73
130,050 at 7.13%$876.61
130,050 at 7.14%$877.49
130,050 at 7.15%$878.37
130,050 at 7.16%$879.25
130,050 at 7.17%$880.12
130,050 at 7.18%$881.00
130,050 at 7.19%$881.88
130,050 at 7.2%$882.76
130,050 at 7.21%$883.64
130,050 at 7.22%$884.53
130,050 at 7.23%$885.41
130,050 at 7.24%$886.29
130,050 at 7.25%$887.17
130,050 at 7.26%$888.05
130,050 at 7.27%$888.94
130,050 at 7.28%$889.82
130,050 at 7.29%$890.70
130,050 at 7.3%$891.58
130,050 at 7.31%$892.47
130,050 at 7.32%$893.35
130,050 at 7.33%$894.24
130,050 at 7.34%$895.12
130,050 at 7.35%$896.01
130,050 at 7.36%$896.89
130,050 at 7.37%$897.78
130,050 at 7.38%$898.67
130,050 at 7.39%$899.55
130,050 at 7.4%$900.44
130,050 at 7.41%$901.33
130,050 at 7.42%$902.21
130,050 at 7.43%$903.10
130,050 at 7.44%$903.99
130,050 at 7.45%$904.88
130,050 at 7.46%$905.77
130,050 at 7.47%$906.66
130,050 at 7.48%$907.55
130,050 at 7.49%$908.44
130,050 at 7.5%$909.33
130,050 at 7.51%$910.22
130,050 at 7.52%$911.11
130,050 at 7.53%$912.00
130,050 at 7.54%$912.89
130,050 at 7.55%$913.79
130,050 at 7.56%$914.68
130,050 at 7.57%$915.57
130,050 at 7.58%$916.46
130,050 at 7.59%$917.36
130,050 at 7.6%$918.25
130,050 at 7.61%$919.14
130,050 at 7.62%$920.04
130,050 at 7.63%$920.93
130,050 at 7.64%$921.83
130,050 at 7.65%$922.72
130,050 at 7.66%$923.62
130,050 at 7.67%$924.51
130,050 at 7.68%$925.41
130,050 at 7.69%$926.31
130,050 at 7.7%$927.20
130,050 at 7.71%$928.10
130,050 at 7.72%$929.00
130,050 at 7.73%$929.90
130,050 at 7.74%$930.80
130,050 at 7.75%$931.69
130,050 at 7.76%$932.59
130,050 at 7.77%$933.49
130,050 at 7.78%$934.39
130,050 at 7.79%$935.29
130,050 at 7.8%$936.19
130,050 at 7.81%$937.09
130,050 at 7.82%$937.99
130,050 at 7.83%$938.89
130,050 at 7.84%$939.80
130,050 at 7.85%$940.70
130,050 at 7.86%$941.60
130,050 at 7.87%$942.50
130,050 at 7.88%$943.40
130,050 at 7.89%$944.31
130,050 at 7.9%$945.21
130,050 at 7.91%$946.11
130,050 at 7.92%$947.02
130,050 at 7.93%$947.92
130,050 at 7.94%$948.83
130,050 at 7.95%$949.73
130,050 at 7.96%$950.64
130,050 at 7.97%$951.54
130,050 at 7.98%$952.45
130,050 at 7.99%$953.35
130,050 at 8%$954.26
More Amounts
What is the down payment for a $130,050 house? How much do you need to put down?
Percent Down Down Payment
1%1,301
2%2,601
3%3,902
4%5,202
5%6,503
6%7,803
7%9,104
8%10,404
9%11,705
10%13,005
11%14,306
12%15,606
13%16,907
14%18,207
15%19,508
16%20,808
17%22,109
18%23,409
19%24,710
20%26,010
Percent Down Down Payment
21%27,311
22%28,611
23%29,912
24%31,212
25%32,513
26%33,813
27%35,114
28%36,414
29%37,715
30%39,015
31%40,316
32%41,616
33%42,917
34%44,217
35%45,518
36%46,818
37%48,119
38%49,419
39%50,720
40%52,020
Percent Down Down Payment
41%53,321
42%54,621
43%55,922
44%57,222
45%58,523
46%59,823
47%61,124
48%62,424
49%63,725
50%65,025
51%66,326
52%67,626
53%68,927
54%70,227
55%71,528
56%72,828
57%74,129
58%75,429
59%76,730
60%78,030
Percent Down Down Payment
61%79,331
62%80,631
63%81,932
64%83,232
65%84,533
66%85,833
67%87,134
68%88,434
69%89,735
70%91,035
71%92,336
72%93,636
73%94,937
74%96,237
75%97,538
76%98,838
77%100,139
78%101,439
79%102,740
80%104,040
Percent Down Down Payment
81%105,341
82%106,641
83%107,942
84%109,242
85%110,543
86%111,843
87%113,144
88%114,444
89%115,745
90%117,045
91%118,346
92%119,646
93%120,947
94%122,247
95%123,548
96%124,848
97%126,149
98%127,449
99%128,750
100%130,050
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.