That runs about two to three hundred dollars. You'll pay the remainder of closings costs when the new loan takes affect. Maybe you just don't have the cash to refinance. Well, you can work your costs back into your loan. Doing that will increase your payments and reduce the overall benefit of refinancing.
Some lenders offer no-cost refinancing.
There are no closing costs, but the interest rates are slightly higher. Talk to a lender about taking advantage of today's low interest rates. Use our mortgage calculator to see if refinancing is the right option for you. 1994 - 2001 MH2Technologies, Ltd . All Rights Reserved.