Write the next sentence in this paragraph:

How to lower your monthly mortgage payment
Refinance your loan.
The most common way to reduce monthly mortgage payments in the u.s. is to refinance your loan, or reduce your interest rate and change the length of your term payout. When you refinance, you are essentially replacing the existing loan with a new one.

Select from:
a). As a result, you pay the loan above and beyond your normal monthly spending. A reduced monthly spending rate enhances your credit rating and a reduced monthly payment will significantly reduce your monthly expenses.
b). A new loan with a lower interest rate will help reduce your monthly payments. Keep in mind that extending the term of your loan is often a poor financial decision, so it is best to avoid doing this if possible.
c). Of course, this could be very different from refinancing your loan. To refinance, you will need to change your mortgage and the duration of your term to reflect what happens to the existing loan.
d). This means that you will use different lines of credit to pay off your debts on your old loan. You will pay off this new loan a lot faster than you would any other one.
b).