Fees associated with refinancing vary from lender to lender but there are standard fees that are typical across the board. These fees include 3rd party fees such as credit report, title, escrow, notary, and recording fees. Other fees include the appraisal fee and lender fees such as processing and underwriting. If you are paying points to lower the rate, the cost of each point that you pay equals 1% of your new loan amount. Depending on your escrow account set up, you may need to pay prorated pre-paid costs for items such as property taxes, interest, and homeowners insurance. By refinancing, the total finance charges may be higher over the life of the loan. If you have enough equity in your home, you can add all fees and pre-paid items into your new loan.