Typical closing costs, the amount you pay when you finalize the loan, will range from $2500 to $3500, but every transaction is different. The costs of a refinance will differ on each transaction. It depends on the loan amount, type of loan, appraisal cost, waiver, escrows, and other loan details. Most of the closing costs can usually be included in the loan refinance to make your out-of-pocket expense less.