$130,100 Mortgage for 30 Years

What is the monthly payment of a 130,100 dollar loan?
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Loan Tables for a $130,100 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 $130,100 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
130,100 at 2.01%$481.53
130,100 at 2.02%$482.18
130,100 at 2.03%$482.83
130,100 at 2.04%$483.48
130,100 at 2.05%$484.13
130,100 at 2.06%$484.79
130,100 at 2.07%$485.44
130,100 at 2.08%$486.10
130,100 at 2.09%$486.75
130,100 at 2.1%$487.41
130,100 at 2.11%$488.06
130,100 at 2.12%$488.72
130,100 at 2.13%$489.38
130,100 at 2.14%$490.03
130,100 at 2.15%$490.69
130,100 at 2.16%$491.35
130,100 at 2.17%$492.01
130,100 at 2.18%$492.67
130,100 at 2.19%$493.33
130,100 at 2.2%$493.99
130,100 at 2.21%$494.65
130,100 at 2.22%$495.31
130,100 at 2.23%$495.98
130,100 at 2.24%$496.64
130,100 at 2.25%$497.30
130,100 at 2.26%$497.97
130,100 at 2.27%$498.63
130,100 at 2.28%$499.30
130,100 at 2.29%$499.96
130,100 at 2.3%$500.63
130,100 at 2.31%$501.29
130,100 at 2.32%$501.96
130,100 at 2.33%$502.63
130,100 at 2.34%$503.30
130,100 at 2.35%$503.96
130,100 at 2.36%$504.63
130,100 at 2.37%$505.30
130,100 at 2.38%$505.97
130,100 at 2.39%$506.64
130,100 at 2.4%$507.31
130,100 at 2.41%$507.99
130,100 at 2.42%$508.66
130,100 at 2.43%$509.33
130,100 at 2.44%$510.00
130,100 at 2.45%$510.68
130,100 at 2.46%$511.35
130,100 at 2.47%$512.03
130,100 at 2.48%$512.70
130,100 at 2.49%$513.38
130,100 at 2.5%$514.05
130,100 at 2.51%$514.73
130,100 at 2.52%$515.41
130,100 at 2.53%$516.08
130,100 at 2.54%$516.76
130,100 at 2.55%$517.44
130,100 at 2.56%$518.12
130,100 at 2.57%$518.80
130,100 at 2.58%$519.48
130,100 at 2.59%$520.16
130,100 at 2.6%$520.84
130,100 at 2.61%$521.52
130,100 at 2.62%$522.21
130,100 at 2.63%$522.89
130,100 at 2.64%$523.57
130,100 at 2.65%$524.26
130,100 at 2.66%$524.94
130,100 at 2.67%$525.63
130,100 at 2.68%$526.31
130,100 at 2.69%$527.00
130,100 at 2.7%$527.68
130,100 at 2.71%$528.37
130,100 at 2.72%$529.06
130,100 at 2.73%$529.74
130,100 at 2.74%$530.43
130,100 at 2.75%$531.12
130,100 at 2.76%$531.81
130,100 at 2.77%$532.50
130,100 at 2.78%$533.19
130,100 at 2.79%$533.88
130,100 at 2.8%$534.57
130,100 at 2.81%$535.27
130,100 at 2.82%$535.96
130,100 at 2.83%$536.65
130,100 at 2.84%$537.34
130,100 at 2.85%$538.04
130,100 at 2.86%$538.73
130,100 at 2.87%$539.43
130,100 at 2.88%$540.12
130,100 at 2.89%$540.82
130,100 at 2.9%$541.52
130,100 at 2.91%$542.21
130,100 at 2.92%$542.91
130,100 at 2.93%$543.61
130,100 at 2.94%$544.31
130,100 at 2.95%$545.00
130,100 at 2.96%$545.70
130,100 at 2.97%$546.40
130,100 at 2.98%$547.10
130,100 at 2.99%$547.81
130,100 at 3%$548.51
130,100 at 3.01%$549.21
130,100 at 3.02%$549.91
130,100 at 3.03%$550.61
130,100 at 3.04%$551.32
130,100 at 3.05%$552.02
130,100 at 3.06%$552.73
130,100 at 3.07%$553.43
130,100 at 3.08%$554.14
130,100 at 3.09%$554.84
130,100 at 3.1%$555.55
130,100 at 3.11%$556.26
130,100 at 3.12%$556.96
130,100 at 3.13%$557.67
130,100 at 3.14%$558.38
130,100 at 3.15%$559.09
130,100 at 3.16%$559.80
130,100 at 3.17%$560.51
130,100 at 3.18%$561.22
130,100 at 3.19%$561.93
130,100 at 3.2%$562.64
130,100 at 3.21%$563.35
130,100 at 3.22%$564.06
130,100 at 3.23%$564.78
130,100 at 3.24%$565.49
130,100 at 3.25%$566.20
130,100 at 3.26%$566.92
130,100 at 3.27%$567.63
130,100 at 3.28%$568.35
130,100 at 3.29%$569.06
130,100 at 3.3%$569.78
130,100 at 3.31%$570.50
130,100 at 3.32%$571.21
130,100 at 3.33%$571.93
130,100 at 3.34%$572.65
130,100 at 3.35%$573.37
130,100 at 3.36%$574.09
130,100 at 3.37%$574.81
130,100 at 3.38%$575.53
130,100 at 3.39%$576.25
130,100 at 3.4%$576.97
130,100 at 3.41%$577.69
130,100 at 3.42%$578.41
130,100 at 3.43%$579.14
130,100 at 3.44%$579.86
130,100 at 3.45%$580.58
130,100 at 3.46%$581.31
130,100 at 3.47%$582.03
130,100 at 3.48%$582.76
130,100 at 3.49%$583.48
130,100 at 3.5%$584.21
Interest Rate 30 Year
130,100 at 3.51%$584.93
130,100 at 3.52%$585.66
130,100 at 3.53%$586.39
130,100 at 3.54%$587.12
130,100 at 3.55%$587.84
130,100 at 3.56%$588.57
130,100 at 3.57%$589.30
130,100 at 3.58%$590.03
130,100 at 3.59%$590.76
130,100 at 3.6%$591.49
130,100 at 3.61%$592.22
130,100 at 3.62%$592.96
130,100 at 3.63%$593.69
130,100 at 3.64%$594.42
130,100 at 3.65%$595.15
130,100 at 3.66%$595.89
130,100 at 3.67%$596.62
130,100 at 3.68%$597.36
130,100 at 3.69%$598.09
130,100 at 3.7%$598.83
130,100 at 3.71%$599.56
130,100 at 3.72%$600.30
130,100 at 3.73%$601.04
130,100 at 3.74%$601.78
130,100 at 3.75%$602.51
130,100 at 3.76%$603.25
130,100 at 3.77%$603.99
130,100 at 3.78%$604.73
130,100 at 3.79%$605.47
130,100 at 3.8%$606.21
130,100 at 3.81%$606.95
130,100 at 3.82%$607.69
130,100 at 3.83%$608.43
130,100 at 3.84%$609.18
130,100 at 3.85%$609.92
130,100 at 3.86%$610.66
130,100 at 3.87%$611.41
130,100 at 3.88%$612.15
130,100 at 3.89%$612.90
130,100 at 3.9%$613.64
130,100 at 3.91%$614.39
130,100 at 3.92%$615.13
130,100 at 3.93%$615.88
130,100 at 3.94%$616.63
130,100 at 3.95%$617.37
130,100 at 3.96%$618.12
130,100 at 3.97%$618.87
130,100 at 3.98%$619.62
130,100 at 3.99%$620.37
130,100 at 4%$621.12
130,100 at 4.01%$621.87
130,100 at 4.02%$622.62
130,100 at 4.03%$623.37
130,100 at 4.04%$624.12
130,100 at 4.05%$624.87
130,100 at 4.06%$625.63
130,100 at 4.07%$626.38
130,100 at 4.08%$627.13
130,100 at 4.09%$627.89
130,100 at 4.1%$628.64
130,100 at 4.11%$629.40
130,100 at 4.12%$630.15
130,100 at 4.13%$630.91
130,100 at 4.14%$631.66
130,100 at 4.15%$632.42
130,100 at 4.16%$633.18
130,100 at 4.17%$633.94
130,100 at 4.18%$634.69
130,100 at 4.19%$635.45
130,100 at 4.2%$636.21
130,100 at 4.21%$636.97
130,100 at 4.22%$637.73
130,100 at 4.23%$638.49
130,100 at 4.24%$639.25
130,100 at 4.25%$640.01
130,100 at 4.26%$640.78
130,100 at 4.27%$641.54
130,100 at 4.28%$642.30
130,100 at 4.29%$643.06
130,100 at 4.3%$643.83
130,100 at 4.31%$644.59
130,100 at 4.32%$645.36
130,100 at 4.33%$646.12
130,100 at 4.34%$646.89
130,100 at 4.35%$647.65
130,100 at 4.36%$648.42
130,100 at 4.37%$649.19
130,100 at 4.38%$649.95
130,100 at 4.39%$650.72
130,100 at 4.4%$651.49
130,100 at 4.41%$652.26
130,100 at 4.42%$653.03
130,100 at 4.43%$653.80
130,100 at 4.44%$654.57
130,100 at 4.45%$655.34
130,100 at 4.46%$656.11
130,100 at 4.47%$656.88
130,100 at 4.48%$657.65
130,100 at 4.49%$658.42
130,100 at 4.5%$659.20
130,100 at 4.51%$659.97
130,100 at 4.52%$660.74
130,100 at 4.53%$661.52
130,100 at 4.54%$662.29
130,100 at 4.55%$663.07
130,100 at 4.56%$663.84
130,100 at 4.57%$664.62
130,100 at 4.58%$665.40
130,100 at 4.59%$666.17
130,100 at 4.6%$666.95
130,100 at 4.61%$667.73
130,100 at 4.62%$668.51
130,100 at 4.63%$669.28
130,100 at 4.64%$670.06
130,100 at 4.65%$670.84
130,100 at 4.66%$671.62
130,100 at 4.67%$672.40
130,100 at 4.68%$673.18
130,100 at 4.69%$673.97
130,100 at 4.7%$674.75
130,100 at 4.71%$675.53
130,100 at 4.72%$676.31
130,100 at 4.73%$677.10
130,100 at 4.74%$677.88
130,100 at 4.75%$678.66
130,100 at 4.76%$679.45
130,100 at 4.77%$680.23
130,100 at 4.78%$681.02
130,100 at 4.79%$681.80
130,100 at 4.8%$682.59
130,100 at 4.81%$683.38
130,100 at 4.82%$684.16
130,100 at 4.83%$684.95
130,100 at 4.84%$685.74
130,100 at 4.85%$686.53
130,100 at 4.86%$687.32
130,100 at 4.87%$688.11
130,100 at 4.88%$688.89
130,100 at 4.89%$689.68
130,100 at 4.9%$690.48
130,100 at 4.91%$691.27
130,100 at 4.92%$692.06
130,100 at 4.93%$692.85
130,100 at 4.94%$693.64
130,100 at 4.95%$694.43
130,100 at 4.96%$695.23
130,100 at 4.97%$696.02
130,100 at 4.98%$696.82
130,100 at 4.99%$697.61
130,100 at 5%$698.40
Interest Rate 30 Year
130,100 at 5.01%$699.20
130,100 at 5.02%$700.00
130,100 at 5.03%$700.79
130,100 at 5.04%$701.59
130,100 at 5.05%$702.39
130,100 at 5.06%$703.18
130,100 at 5.07%$703.98
130,100 at 5.08%$704.78
130,100 at 5.09%$705.58
130,100 at 5.1%$706.38
130,100 at 5.11%$707.18
130,100 at 5.12%$707.98
130,100 at 5.13%$708.78
130,100 at 5.14%$709.58
130,100 at 5.15%$710.38
130,100 at 5.16%$711.18
130,100 at 5.17%$711.98
130,100 at 5.18%$712.79
130,100 at 5.19%$713.59
130,100 at 5.2%$714.39
130,100 at 5.21%$715.20
130,100 at 5.22%$716.00
130,100 at 5.23%$716.81
130,100 at 5.24%$717.61
130,100 at 5.25%$718.42
130,100 at 5.26%$719.22
130,100 at 5.27%$720.03
130,100 at 5.28%$720.84
130,100 at 5.29%$721.64
130,100 at 5.3%$722.45
130,100 at 5.31%$723.26
130,100 at 5.32%$724.07
130,100 at 5.33%$724.88
130,100 at 5.34%$725.69
130,100 at 5.35%$726.50
130,100 at 5.36%$727.31
130,100 at 5.37%$728.12
130,100 at 5.38%$728.93
130,100 at 5.39%$729.74
130,100 at 5.4%$730.55
130,100 at 5.41%$731.36
130,100 at 5.42%$732.18
130,100 at 5.43%$732.99
130,100 at 5.44%$733.80
130,100 at 5.45%$734.62
130,100 at 5.46%$735.43
130,100 at 5.47%$736.25
130,100 at 5.48%$737.06
130,100 at 5.49%$737.88
130,100 at 5.5%$738.69
130,100 at 5.51%$739.51
130,100 at 5.52%$740.33
130,100 at 5.53%$741.14
130,100 at 5.54%$741.96
130,100 at 5.55%$742.78
130,100 at 5.56%$743.60
130,100 at 5.57%$744.42
130,100 at 5.58%$745.24
130,100 at 5.59%$746.06
130,100 at 5.6%$746.88
130,100 at 5.61%$747.70
130,100 at 5.62%$748.52
130,100 at 5.63%$749.34
130,100 at 5.64%$750.16
130,100 at 5.65%$750.98
130,100 at 5.66%$751.81
130,100 at 5.67%$752.63
130,100 at 5.68%$753.45
130,100 at 5.69%$754.28
130,100 at 5.7%$755.10
130,100 at 5.71%$755.93
130,100 at 5.72%$756.75
130,100 at 5.73%$757.58
130,100 at 5.74%$758.40
130,100 at 5.75%$759.23
130,100 at 5.76%$760.05
130,100 at 5.77%$760.88
130,100 at 5.78%$761.71
130,100 at 5.79%$762.54
130,100 at 5.8%$763.37
130,100 at 5.81%$764.19
130,100 at 5.82%$765.02
130,100 at 5.83%$765.85
130,100 at 5.84%$766.68
130,100 at 5.85%$767.51
130,100 at 5.86%$768.34
130,100 at 5.87%$769.17
130,100 at 5.88%$770.01
130,100 at 5.89%$770.84
130,100 at 5.9%$771.67
130,100 at 5.91%$772.50
130,100 at 5.92%$773.34
130,100 at 5.93%$774.17
130,100 at 5.94%$775.00
130,100 at 5.95%$775.84
130,100 at 5.96%$776.67
130,100 at 5.97%$777.51
130,100 at 5.98%$778.34
130,100 at 5.99%$779.18
130,100 at 6%$780.02
130,100 at 6.01%$780.85
130,100 at 6.02%$781.69
130,100 at 6.03%$782.53
130,100 at 6.04%$783.36
130,100 at 6.05%$784.20
130,100 at 6.06%$785.04
130,100 at 6.07%$785.88
130,100 at 6.08%$786.72
130,100 at 6.09%$787.56
130,100 at 6.1%$788.40
130,100 at 6.11%$789.24
130,100 at 6.12%$790.08
130,100 at 6.13%$790.92
130,100 at 6.14%$791.76
130,100 at 6.15%$792.61
130,100 at 6.16%$793.45
130,100 at 6.17%$794.29
130,100 at 6.18%$795.13
130,100 at 6.19%$795.98
130,100 at 6.2%$796.82
130,100 at 6.21%$797.67
130,100 at 6.22%$798.51
130,100 at 6.23%$799.36
130,100 at 6.24%$800.20
130,100 at 6.25%$801.05
130,100 at 6.26%$801.89
130,100 at 6.27%$802.74
130,100 at 6.28%$803.59
130,100 at 6.29%$804.44
130,100 at 6.3%$805.28
130,100 at 6.31%$806.13
130,100 at 6.32%$806.98
130,100 at 6.33%$807.83
130,100 at 6.34%$808.68
130,100 at 6.35%$809.53
130,100 at 6.36%$810.38
130,100 at 6.37%$811.23
130,100 at 6.38%$812.08
130,100 at 6.39%$812.93
130,100 at 6.4%$813.78
130,100 at 6.41%$814.64
130,100 at 6.42%$815.49
130,100 at 6.43%$816.34
130,100 at 6.44%$817.19
130,100 at 6.45%$818.05
130,100 at 6.46%$818.90
130,100 at 6.47%$819.76
130,100 at 6.48%$820.61
130,100 at 6.49%$821.47
130,100 at 6.5%$822.32
Interest Rate 30 Year
130,100 at 6.51%$823.18
130,100 at 6.52%$824.03
130,100 at 6.53%$824.89
130,100 at 6.54%$825.75
130,100 at 6.55%$826.60
130,100 at 6.56%$827.46
130,100 at 6.57%$828.32
130,100 at 6.58%$829.18
130,100 at 6.59%$830.04
130,100 at 6.6%$830.90
130,100 at 6.61%$831.75
130,100 at 6.62%$832.61
130,100 at 6.63%$833.47
130,100 at 6.64%$834.34
130,100 at 6.65%$835.20
130,100 at 6.66%$836.06
130,100 at 6.67%$836.92
130,100 at 6.68%$837.78
130,100 at 6.69%$838.64
130,100 at 6.7%$839.51
130,100 at 6.71%$840.37
130,100 at 6.72%$841.23
130,100 at 6.73%$842.10
130,100 at 6.74%$842.96
130,100 at 6.75%$843.83
130,100 at 6.76%$844.69
130,100 at 6.77%$845.56
130,100 at 6.78%$846.42
130,100 at 6.79%$847.29
130,100 at 6.8%$848.15
130,100 at 6.81%$849.02
130,100 at 6.82%$849.89
130,100 at 6.83%$850.76
130,100 at 6.84%$851.62
130,100 at 6.85%$852.49
130,100 at 6.86%$853.36
130,100 at 6.87%$854.23
130,100 at 6.88%$855.10
130,100 at 6.89%$855.97
130,100 at 6.9%$856.84
130,100 at 6.91%$857.71
130,100 at 6.92%$858.58
130,100 at 6.93%$859.45
130,100 at 6.94%$860.32
130,100 at 6.95%$861.19
130,100 at 6.96%$862.07
130,100 at 6.97%$862.94
130,100 at 6.98%$863.81
130,100 at 6.99%$864.68
130,100 at 7%$865.56
130,100 at 7.01%$866.43
130,100 at 7.02%$867.31
130,100 at 7.03%$868.18
130,100 at 7.04%$869.06
130,100 at 7.05%$869.93
130,100 at 7.06%$870.81
130,100 at 7.07%$871.68
130,100 at 7.08%$872.56
130,100 at 7.09%$873.44
130,100 at 7.1%$874.31
130,100 at 7.11%$875.19
130,100 at 7.12%$876.07
130,100 at 7.13%$876.95
130,100 at 7.14%$877.83
130,100 at 7.15%$878.70
130,100 at 7.16%$879.58
130,100 at 7.17%$880.46
130,100 at 7.18%$881.34
130,100 at 7.19%$882.22
130,100 at 7.2%$883.10
130,100 at 7.21%$883.98
130,100 at 7.22%$884.87
130,100 at 7.23%$885.75
130,100 at 7.24%$886.63
130,100 at 7.25%$887.51
130,100 at 7.26%$888.39
130,100 at 7.27%$889.28
130,100 at 7.28%$890.16
130,100 at 7.29%$891.04
130,100 at 7.3%$891.93
130,100 at 7.31%$892.81
130,100 at 7.32%$893.70
130,100 at 7.33%$894.58
130,100 at 7.34%$895.47
130,100 at 7.35%$896.35
130,100 at 7.36%$897.24
130,100 at 7.37%$898.13
130,100 at 7.38%$899.01
130,100 at 7.39%$899.90
130,100 at 7.4%$900.79
130,100 at 7.41%$901.67
130,100 at 7.42%$902.56
130,100 at 7.43%$903.45
130,100 at 7.44%$904.34
130,100 at 7.45%$905.23
130,100 at 7.46%$906.12
130,100 at 7.47%$907.01
130,100 at 7.48%$907.90
130,100 at 7.49%$908.79
130,100 at 7.5%$909.68
130,100 at 7.51%$910.57
130,100 at 7.52%$911.46
130,100 at 7.53%$912.35
130,100 at 7.54%$913.24
130,100 at 7.55%$914.14
130,100 at 7.56%$915.03
130,100 at 7.57%$915.92
130,100 at 7.58%$916.82
130,100 at 7.59%$917.71
130,100 at 7.6%$918.60
130,100 at 7.61%$919.50
130,100 at 7.62%$920.39
130,100 at 7.63%$921.29
130,100 at 7.64%$922.18
130,100 at 7.65%$923.08
130,100 at 7.66%$923.97
130,100 at 7.67%$924.87
130,100 at 7.68%$925.77
130,100 at 7.69%$926.66
130,100 at 7.7%$927.56
130,100 at 7.71%$928.46
130,100 at 7.72%$929.36
130,100 at 7.73%$930.25
130,100 at 7.74%$931.15
130,100 at 7.75%$932.05
130,100 at 7.76%$932.95
130,100 at 7.77%$933.85
130,100 at 7.78%$934.75
130,100 at 7.79%$935.65
130,100 at 7.8%$936.55
130,100 at 7.81%$937.45
130,100 at 7.82%$938.35
130,100 at 7.83%$939.25
130,100 at 7.84%$940.16
130,100 at 7.85%$941.06
130,100 at 7.86%$941.96
130,100 at 7.87%$942.86
130,100 at 7.88%$943.77
130,100 at 7.89%$944.67
130,100 at 7.9%$945.57
130,100 at 7.91%$946.48
130,100 at 7.92%$947.38
130,100 at 7.93%$948.29
130,100 at 7.94%$949.19
130,100 at 7.95%$950.10
130,100 at 7.96%$951.00
130,100 at 7.97%$951.91
130,100 at 7.98%$952.81
130,100 at 7.99%$953.72
130,100 at 8%$954.63
More Amounts
What is the down payment for a $130,100 house? How much do you need to put down?
Percent Down Down Payment
1%1,301
2%2,602
3%3,903
4%5,204
5%6,505
6%7,806
7%9,107
8%10,408
9%11,709
10%13,010
11%14,311
12%15,612
13%16,913
14%18,214
15%19,515
16%20,816
17%22,117
18%23,418
19%24,719
20%26,020
Percent Down Down Payment
21%27,321
22%28,622
23%29,923
24%31,224
25%32,525
26%33,826
27%35,127
28%36,428
29%37,729
30%39,030
31%40,331
32%41,632
33%42,933
34%44,234
35%45,535
36%46,836
37%48,137
38%49,438
39%50,739
40%52,040
Percent Down Down Payment
41%53,341
42%54,642
43%55,943
44%57,244
45%58,545
46%59,846
47%61,147
48%62,448
49%63,749
50%65,050
51%66,351
52%67,652
53%68,953
54%70,254
55%71,555
56%72,856
57%74,157
58%75,458
59%76,759
60%78,060
Percent Down Down Payment
61%79,361
62%80,662
63%81,963
64%83,264
65%84,565
66%85,866
67%87,167
68%88,468
69%89,769
70%91,070
71%92,371
72%93,672
73%94,973
74%96,274
75%97,575
76%98,876
77%100,177
78%101,478
79%102,779
80%104,080
Percent Down Down Payment
81%105,381
82%106,682
83%107,983
84%109,284
85%110,585
86%111,886
87%113,187
88%114,488
89%115,789
90%117,090
91%118,391
92%119,692
93%120,993
94%122,294
95%123,595
96%124,896
97%126,197
98%127,498
99%128,799
100%130,100
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.