$132,250 Mortgage for 30 Years

What is the monthly payment of a 132,250 dollar loan?
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Loan Tables for a $132,250 Mortgage Loan for 30 Years
See the monthly payment for a thirty year, 132k loan by interest rate. What's the monthly payment? What are the costs? Can I afford a $132,250 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
132,250 at 2.01%$489.48
132,250 at 2.02%$490.15
132,250 at 2.03%$490.81
132,250 at 2.04%$491.47
132,250 at 2.05%$492.14
132,250 at 2.06%$492.80
132,250 at 2.07%$493.46
132,250 at 2.08%$494.13
132,250 at 2.09%$494.80
132,250 at 2.1%$495.46
132,250 at 2.11%$496.13
132,250 at 2.12%$496.80
132,250 at 2.13%$497.46
132,250 at 2.14%$498.13
132,250 at 2.15%$498.80
132,250 at 2.16%$499.47
132,250 at 2.17%$500.14
132,250 at 2.18%$500.81
132,250 at 2.19%$501.48
132,250 at 2.2%$502.15
132,250 at 2.21%$502.83
132,250 at 2.22%$503.50
132,250 at 2.23%$504.17
132,250 at 2.24%$504.85
132,250 at 2.25%$505.52
132,250 at 2.26%$506.20
132,250 at 2.27%$506.87
132,250 at 2.28%$507.55
132,250 at 2.29%$508.22
132,250 at 2.3%$508.90
132,250 at 2.31%$509.58
132,250 at 2.32%$510.26
132,250 at 2.33%$510.93
132,250 at 2.34%$511.61
132,250 at 2.35%$512.29
132,250 at 2.36%$512.97
132,250 at 2.37%$513.65
132,250 at 2.38%$514.33
132,250 at 2.39%$515.02
132,250 at 2.4%$515.70
132,250 at 2.41%$516.38
132,250 at 2.42%$517.06
132,250 at 2.43%$517.75
132,250 at 2.44%$518.43
132,250 at 2.45%$519.12
132,250 at 2.46%$519.80
132,250 at 2.47%$520.49
132,250 at 2.48%$521.17
132,250 at 2.49%$521.86
132,250 at 2.5%$522.55
132,250 at 2.51%$523.24
132,250 at 2.52%$523.92
132,250 at 2.53%$524.61
132,250 at 2.54%$525.30
132,250 at 2.55%$525.99
132,250 at 2.56%$526.68
132,250 at 2.57%$527.37
132,250 at 2.58%$528.06
132,250 at 2.59%$528.76
132,250 at 2.6%$529.45
132,250 at 2.61%$530.14
132,250 at 2.62%$530.84
132,250 at 2.63%$531.53
132,250 at 2.64%$532.22
132,250 at 2.65%$532.92
132,250 at 2.66%$533.62
132,250 at 2.67%$534.31
132,250 at 2.68%$535.01
132,250 at 2.69%$535.71
132,250 at 2.7%$536.40
132,250 at 2.71%$537.10
132,250 at 2.72%$537.80
132,250 at 2.73%$538.50
132,250 at 2.74%$539.20
132,250 at 2.75%$539.90
132,250 at 2.76%$540.60
132,250 at 2.77%$541.30
132,250 at 2.78%$542.00
132,250 at 2.79%$542.71
132,250 at 2.8%$543.41
132,250 at 2.81%$544.11
132,250 at 2.82%$544.82
132,250 at 2.83%$545.52
132,250 at 2.84%$546.22
132,250 at 2.85%$546.93
132,250 at 2.86%$547.64
132,250 at 2.87%$548.34
132,250 at 2.88%$549.05
132,250 at 2.89%$549.76
132,250 at 2.9%$550.46
132,250 at 2.91%$551.17
132,250 at 2.92%$551.88
132,250 at 2.93%$552.59
132,250 at 2.94%$553.30
132,250 at 2.95%$554.01
132,250 at 2.96%$554.72
132,250 at 2.97%$555.43
132,250 at 2.98%$556.15
132,250 at 2.99%$556.86
132,250 at 3%$557.57
132,250 at 3.01%$558.28
132,250 at 3.02%$559.00
132,250 at 3.03%$559.71
132,250 at 3.04%$560.43
132,250 at 3.05%$561.14
132,250 at 3.06%$561.86
132,250 at 3.07%$562.58
132,250 at 3.08%$563.29
132,250 at 3.09%$564.01
132,250 at 3.1%$564.73
132,250 at 3.11%$565.45
132,250 at 3.12%$566.17
132,250 at 3.13%$566.89
132,250 at 3.14%$567.61
132,250 at 3.15%$568.33
132,250 at 3.16%$569.05
132,250 at 3.17%$569.77
132,250 at 3.18%$570.49
132,250 at 3.19%$571.21
132,250 at 3.2%$571.94
132,250 at 3.21%$572.66
132,250 at 3.22%$573.39
132,250 at 3.23%$574.11
132,250 at 3.24%$574.83
132,250 at 3.25%$575.56
132,250 at 3.26%$576.29
132,250 at 3.27%$577.01
132,250 at 3.28%$577.74
132,250 at 3.29%$578.47
132,250 at 3.3%$579.20
132,250 at 3.31%$579.92
132,250 at 3.32%$580.65
132,250 at 3.33%$581.38
132,250 at 3.34%$582.11
132,250 at 3.35%$582.84
132,250 at 3.36%$583.57
132,250 at 3.37%$584.31
132,250 at 3.38%$585.04
132,250 at 3.39%$585.77
132,250 at 3.4%$586.50
132,250 at 3.41%$587.24
132,250 at 3.42%$587.97
132,250 at 3.43%$588.71
132,250 at 3.44%$589.44
132,250 at 3.45%$590.18
132,250 at 3.46%$590.91
132,250 at 3.47%$591.65
132,250 at 3.48%$592.39
132,250 at 3.49%$593.12
132,250 at 3.5%$593.86
Interest Rate 30 Year
132,250 at 3.51%$594.60
132,250 at 3.52%$595.34
132,250 at 3.53%$596.08
132,250 at 3.54%$596.82
132,250 at 3.55%$597.56
132,250 at 3.56%$598.30
132,250 at 3.57%$599.04
132,250 at 3.58%$599.78
132,250 at 3.59%$600.53
132,250 at 3.6%$601.27
132,250 at 3.61%$602.01
132,250 at 3.62%$602.76
132,250 at 3.63%$603.50
132,250 at 3.64%$604.24
132,250 at 3.65%$604.99
132,250 at 3.66%$605.74
132,250 at 3.67%$606.48
132,250 at 3.68%$607.23
132,250 at 3.69%$607.98
132,250 at 3.7%$608.72
132,250 at 3.71%$609.47
132,250 at 3.72%$610.22
132,250 at 3.73%$610.97
132,250 at 3.74%$611.72
132,250 at 3.75%$612.47
132,250 at 3.76%$613.22
132,250 at 3.77%$613.97
132,250 at 3.78%$614.72
132,250 at 3.79%$615.48
132,250 at 3.8%$616.23
132,250 at 3.81%$616.98
132,250 at 3.82%$617.74
132,250 at 3.83%$618.49
132,250 at 3.84%$619.24
132,250 at 3.85%$620.00
132,250 at 3.86%$620.75
132,250 at 3.87%$621.51
132,250 at 3.88%$622.27
132,250 at 3.89%$623.02
132,250 at 3.9%$623.78
132,250 at 3.91%$624.54
132,250 at 3.92%$625.30
132,250 at 3.93%$626.06
132,250 at 3.94%$626.82
132,250 at 3.95%$627.58
132,250 at 3.96%$628.34
132,250 at 3.97%$629.10
132,250 at 3.98%$629.86
132,250 at 3.99%$630.62
132,250 at 4%$631.38
132,250 at 4.01%$632.14
132,250 at 4.02%$632.91
132,250 at 4.03%$633.67
132,250 at 4.04%$634.44
132,250 at 4.05%$635.20
132,250 at 4.06%$635.96
132,250 at 4.07%$636.73
132,250 at 4.08%$637.50
132,250 at 4.09%$638.26
132,250 at 4.1%$639.03
132,250 at 4.11%$639.80
132,250 at 4.12%$640.57
132,250 at 4.13%$641.33
132,250 at 4.14%$642.10
132,250 at 4.15%$642.87
132,250 at 4.16%$643.64
132,250 at 4.17%$644.41
132,250 at 4.18%$645.18
132,250 at 4.19%$645.95
132,250 at 4.2%$646.73
132,250 at 4.21%$647.50
132,250 at 4.22%$648.27
132,250 at 4.23%$649.04
132,250 at 4.24%$649.82
132,250 at 4.25%$650.59
132,250 at 4.26%$651.36
132,250 at 4.27%$652.14
132,250 at 4.28%$652.92
132,250 at 4.29%$653.69
132,250 at 4.3%$654.47
132,250 at 4.31%$655.24
132,250 at 4.32%$656.02
132,250 at 4.33%$656.80
132,250 at 4.34%$657.58
132,250 at 4.35%$658.36
132,250 at 4.36%$659.14
132,250 at 4.37%$659.91
132,250 at 4.38%$660.69
132,250 at 4.39%$661.48
132,250 at 4.4%$662.26
132,250 at 4.41%$663.04
132,250 at 4.42%$663.82
132,250 at 4.43%$664.60
132,250 at 4.44%$665.38
132,250 at 4.45%$666.17
132,250 at 4.46%$666.95
132,250 at 4.47%$667.74
132,250 at 4.48%$668.52
132,250 at 4.49%$669.31
132,250 at 4.5%$670.09
132,250 at 4.51%$670.88
132,250 at 4.52%$671.66
132,250 at 4.53%$672.45
132,250 at 4.54%$673.24
132,250 at 4.55%$674.03
132,250 at 4.56%$674.81
132,250 at 4.57%$675.60
132,250 at 4.58%$676.39
132,250 at 4.59%$677.18
132,250 at 4.6%$677.97
132,250 at 4.61%$678.76
132,250 at 4.62%$679.55
132,250 at 4.63%$680.35
132,250 at 4.64%$681.14
132,250 at 4.65%$681.93
132,250 at 4.66%$682.72
132,250 at 4.67%$683.52
132,250 at 4.68%$684.31
132,250 at 4.69%$685.10
132,250 at 4.7%$685.90
132,250 at 4.71%$686.69
132,250 at 4.72%$687.49
132,250 at 4.73%$688.29
132,250 at 4.74%$689.08
132,250 at 4.75%$689.88
132,250 at 4.76%$690.68
132,250 at 4.77%$691.47
132,250 at 4.78%$692.27
132,250 at 4.79%$693.07
132,250 at 4.8%$693.87
132,250 at 4.81%$694.67
132,250 at 4.82%$695.47
132,250 at 4.83%$696.27
132,250 at 4.84%$697.07
132,250 at 4.85%$697.87
132,250 at 4.86%$698.67
132,250 at 4.87%$699.48
132,250 at 4.88%$700.28
132,250 at 4.89%$701.08
132,250 at 4.9%$701.89
132,250 at 4.91%$702.69
132,250 at 4.92%$703.49
132,250 at 4.93%$704.30
132,250 at 4.94%$705.10
132,250 at 4.95%$705.91
132,250 at 4.96%$706.72
132,250 at 4.97%$707.52
132,250 at 4.98%$708.33
132,250 at 4.99%$709.14
132,250 at 5%$709.95
Interest Rate 30 Year
132,250 at 5.01%$710.76
132,250 at 5.02%$711.56
132,250 at 5.03%$712.37
132,250 at 5.04%$713.18
132,250 at 5.05%$713.99
132,250 at 5.06%$714.80
132,250 at 5.07%$715.62
132,250 at 5.08%$716.43
132,250 at 5.09%$717.24
132,250 at 5.1%$718.05
132,250 at 5.11%$718.86
132,250 at 5.12%$719.68
132,250 at 5.13%$720.49
132,250 at 5.14%$721.31
132,250 at 5.15%$722.12
132,250 at 5.16%$722.93
132,250 at 5.17%$723.75
132,250 at 5.18%$724.57
132,250 at 5.19%$725.38
132,250 at 5.2%$726.20
132,250 at 5.21%$727.02
132,250 at 5.22%$727.83
132,250 at 5.23%$728.65
132,250 at 5.24%$729.47
132,250 at 5.25%$730.29
132,250 at 5.26%$731.11
132,250 at 5.27%$731.93
132,250 at 5.28%$732.75
132,250 at 5.29%$733.57
132,250 at 5.3%$734.39
132,250 at 5.31%$735.21
132,250 at 5.32%$736.03
132,250 at 5.33%$736.86
132,250 at 5.34%$737.68
132,250 at 5.35%$738.50
132,250 at 5.36%$739.33
132,250 at 5.37%$740.15
132,250 at 5.38%$740.97
132,250 at 5.39%$741.80
132,250 at 5.4%$742.62
132,250 at 5.41%$743.45
132,250 at 5.42%$744.28
132,250 at 5.43%$745.10
132,250 at 5.44%$745.93
132,250 at 5.45%$746.76
132,250 at 5.46%$747.59
132,250 at 5.47%$748.41
132,250 at 5.48%$749.24
132,250 at 5.49%$750.07
132,250 at 5.5%$750.90
132,250 at 5.51%$751.73
132,250 at 5.52%$752.56
132,250 at 5.53%$753.39
132,250 at 5.54%$754.22
132,250 at 5.55%$755.05
132,250 at 5.56%$755.89
132,250 at 5.57%$756.72
132,250 at 5.58%$757.55
132,250 at 5.59%$758.39
132,250 at 5.6%$759.22
132,250 at 5.61%$760.05
132,250 at 5.62%$760.89
132,250 at 5.63%$761.72
132,250 at 5.64%$762.56
132,250 at 5.65%$763.39
132,250 at 5.66%$764.23
132,250 at 5.67%$765.07
132,250 at 5.68%$765.90
132,250 at 5.69%$766.74
132,250 at 5.7%$767.58
132,250 at 5.71%$768.42
132,250 at 5.72%$769.26
132,250 at 5.73%$770.10
132,250 at 5.74%$770.94
132,250 at 5.75%$771.78
132,250 at 5.76%$772.62
132,250 at 5.77%$773.46
132,250 at 5.78%$774.30
132,250 at 5.79%$775.14
132,250 at 5.8%$775.98
132,250 at 5.81%$776.82
132,250 at 5.82%$777.67
132,250 at 5.83%$778.51
132,250 at 5.84%$779.35
132,250 at 5.85%$780.20
132,250 at 5.86%$781.04
132,250 at 5.87%$781.89
132,250 at 5.88%$782.73
132,250 at 5.89%$783.58
132,250 at 5.9%$784.42
132,250 at 5.91%$785.27
132,250 at 5.92%$786.12
132,250 at 5.93%$786.96
132,250 at 5.94%$787.81
132,250 at 5.95%$788.66
132,250 at 5.96%$789.51
132,250 at 5.97%$790.36
132,250 at 5.98%$791.21
132,250 at 5.99%$792.06
132,250 at 6%$792.91
132,250 at 6.01%$793.76
132,250 at 6.02%$794.61
132,250 at 6.03%$795.46
132,250 at 6.04%$796.31
132,250 at 6.05%$797.16
132,250 at 6.06%$798.01
132,250 at 6.07%$798.87
132,250 at 6.08%$799.72
132,250 at 6.09%$800.57
132,250 at 6.1%$801.43
132,250 at 6.11%$802.28
132,250 at 6.12%$803.14
132,250 at 6.13%$803.99
132,250 at 6.14%$804.85
132,250 at 6.15%$805.70
132,250 at 6.16%$806.56
132,250 at 6.17%$807.42
132,250 at 6.18%$808.27
132,250 at 6.19%$809.13
132,250 at 6.2%$809.99
132,250 at 6.21%$810.85
132,250 at 6.22%$811.71
132,250 at 6.23%$812.57
132,250 at 6.24%$813.43
132,250 at 6.25%$814.29
132,250 at 6.26%$815.15
132,250 at 6.27%$816.01
132,250 at 6.28%$816.87
132,250 at 6.29%$817.73
132,250 at 6.3%$818.59
132,250 at 6.31%$819.45
132,250 at 6.32%$820.32
132,250 at 6.33%$821.18
132,250 at 6.34%$822.04
132,250 at 6.35%$822.91
132,250 at 6.36%$823.77
132,250 at 6.37%$824.64
132,250 at 6.38%$825.50
132,250 at 6.39%$826.37
132,250 at 6.4%$827.23
132,250 at 6.41%$828.10
132,250 at 6.42%$828.96
132,250 at 6.43%$829.83
132,250 at 6.44%$830.70
132,250 at 6.45%$831.57
132,250 at 6.46%$832.43
132,250 at 6.47%$833.30
132,250 at 6.48%$834.17
132,250 at 6.49%$835.04
132,250 at 6.5%$835.91
Interest Rate 30 Year
132,250 at 6.51%$836.78
132,250 at 6.52%$837.65
132,250 at 6.53%$838.52
132,250 at 6.54%$839.39
132,250 at 6.55%$840.26
132,250 at 6.56%$841.14
132,250 at 6.57%$842.01
132,250 at 6.58%$842.88
132,250 at 6.59%$843.75
132,250 at 6.6%$844.63
132,250 at 6.61%$845.50
132,250 at 6.62%$846.37
132,250 at 6.63%$847.25
132,250 at 6.64%$848.12
132,250 at 6.65%$849.00
132,250 at 6.66%$849.87
132,250 at 6.67%$850.75
132,250 at 6.68%$851.63
132,250 at 6.69%$852.50
132,250 at 6.7%$853.38
132,250 at 6.71%$854.26
132,250 at 6.72%$855.14
132,250 at 6.73%$856.01
132,250 at 6.74%$856.89
132,250 at 6.75%$857.77
132,250 at 6.76%$858.65
132,250 at 6.77%$859.53
132,250 at 6.78%$860.41
132,250 at 6.79%$861.29
132,250 at 6.8%$862.17
132,250 at 6.81%$863.05
132,250 at 6.82%$863.93
132,250 at 6.83%$864.82
132,250 at 6.84%$865.70
132,250 at 6.85%$866.58
132,250 at 6.86%$867.46
132,250 at 6.87%$868.35
132,250 at 6.88%$869.23
132,250 at 6.89%$870.11
132,250 at 6.9%$871.00
132,250 at 6.91%$871.88
132,250 at 6.92%$872.77
132,250 at 6.93%$873.65
132,250 at 6.94%$874.54
132,250 at 6.95%$875.43
132,250 at 6.96%$876.31
132,250 at 6.97%$877.20
132,250 at 6.98%$878.09
132,250 at 6.99%$878.97
132,250 at 7%$879.86
132,250 at 7.01%$880.75
132,250 at 7.02%$881.64
132,250 at 7.03%$882.53
132,250 at 7.04%$883.42
132,250 at 7.05%$884.31
132,250 at 7.06%$885.20
132,250 at 7.07%$886.09
132,250 at 7.08%$886.98
132,250 at 7.09%$887.87
132,250 at 7.1%$888.76
132,250 at 7.11%$889.65
132,250 at 7.12%$890.55
132,250 at 7.13%$891.44
132,250 at 7.14%$892.33
132,250 at 7.15%$893.23
132,250 at 7.16%$894.12
132,250 at 7.17%$895.01
132,250 at 7.18%$895.91
132,250 at 7.19%$896.80
132,250 at 7.2%$897.70
132,250 at 7.21%$898.59
132,250 at 7.22%$899.49
132,250 at 7.23%$900.38
132,250 at 7.24%$901.28
132,250 at 7.25%$902.18
132,250 at 7.26%$903.08
132,250 at 7.27%$903.97
132,250 at 7.28%$904.87
132,250 at 7.29%$905.77
132,250 at 7.3%$906.67
132,250 at 7.31%$907.57
132,250 at 7.32%$908.47
132,250 at 7.33%$909.37
132,250 at 7.34%$910.27
132,250 at 7.35%$911.17
132,250 at 7.36%$912.07
132,250 at 7.37%$912.97
132,250 at 7.38%$913.87
132,250 at 7.39%$914.77
132,250 at 7.4%$915.67
132,250 at 7.41%$916.57
132,250 at 7.42%$917.48
132,250 at 7.43%$918.38
132,250 at 7.44%$919.28
132,250 at 7.45%$920.19
132,250 at 7.46%$921.09
132,250 at 7.47%$922.00
132,250 at 7.48%$922.90
132,250 at 7.49%$923.81
132,250 at 7.5%$924.71
132,250 at 7.51%$925.62
132,250 at 7.52%$926.52
132,250 at 7.53%$927.43
132,250 at 7.54%$928.34
132,250 at 7.55%$929.24
132,250 at 7.56%$930.15
132,250 at 7.57%$931.06
132,250 at 7.58%$931.97
132,250 at 7.59%$932.88
132,250 at 7.6%$933.78
132,250 at 7.61%$934.69
132,250 at 7.62%$935.60
132,250 at 7.63%$936.51
132,250 at 7.64%$937.42
132,250 at 7.65%$938.33
132,250 at 7.66%$939.24
132,250 at 7.67%$940.15
132,250 at 7.68%$941.07
132,250 at 7.69%$941.98
132,250 at 7.7%$942.89
132,250 at 7.71%$943.80
132,250 at 7.72%$944.71
132,250 at 7.73%$945.63
132,250 at 7.74%$946.54
132,250 at 7.75%$947.46
132,250 at 7.76%$948.37
132,250 at 7.77%$949.28
132,250 at 7.78%$950.20
132,250 at 7.79%$951.11
132,250 at 7.8%$952.03
132,250 at 7.81%$952.94
132,250 at 7.82%$953.86
132,250 at 7.83%$954.78
132,250 at 7.84%$955.69
132,250 at 7.85%$956.61
132,250 at 7.86%$957.53
132,250 at 7.87%$958.45
132,250 at 7.88%$959.36
132,250 at 7.89%$960.28
132,250 at 7.9%$961.20
132,250 at 7.91%$962.12
132,250 at 7.92%$963.04
132,250 at 7.93%$963.96
132,250 at 7.94%$964.88
132,250 at 7.95%$965.80
132,250 at 7.96%$966.72
132,250 at 7.97%$967.64
132,250 at 7.98%$968.56
132,250 at 7.99%$969.48
132,250 at 8%$970.40
More Amounts
What is the down payment for a $132,250 house? How much do you need to put down?
Percent Down Down Payment
1%1,323
2%2,645
3%3,968
4%5,290
5%6,613
6%7,935
7%9,258
8%10,580
9%11,903
10%13,225
11%14,548
12%15,870
13%17,193
14%18,515
15%19,838
16%21,160
17%22,483
18%23,805
19%25,128
20%26,450
Percent Down Down Payment
21%27,773
22%29,095
23%30,418
24%31,740
25%33,063
26%34,385
27%35,708
28%37,030
29%38,353
30%39,675
31%40,998
32%42,320
33%43,643
34%44,965
35%46,288
36%47,610
37%48,933
38%50,255
39%51,578
40%52,900
Percent Down Down Payment
41%54,223
42%55,545
43%56,868
44%58,190
45%59,513
46%60,835
47%62,158
48%63,480
49%64,803
50%66,125
51%67,448
52%68,770
53%70,093
54%71,415
55%72,738
56%74,060
57%75,383
58%76,705
59%78,028
60%79,350
Percent Down Down Payment
61%80,673
62%81,995
63%83,318
64%84,640
65%85,963
66%87,285
67%88,608
68%89,930
69%91,253
70%92,575
71%93,898
72%95,220
73%96,543
74%97,865
75%99,188
76%100,510
77%101,833
78%103,155
79%104,478
80%105,800
Percent Down Down Payment
81%107,123
82%108,445
83%109,768
84%111,090
85%112,413
86%113,735
87%115,058
88%116,380
89%117,703
90%119,025
91%120,348
92%121,670
93%122,993
94%124,315
95%125,638
96%126,960
97%128,283
98%129,605
99%130,928
100%132,250
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.