layla has owned her home for 12 years and expects to live in it for 5 more years. she originally borrowed $200,000 at 5% for 30 years to buy the home. She still owes 130,000 on the loan. Interest rates have fallen to 4% and Layla is considering refinancing the loan for 15 years. She would have to pay 3 points on the new loan with no repayment on the current loan. What is her current monthly payment?

And what is her monthy payment on her new loan?