Articles Comments

Debt Relief – Insolvency – Bankruptcy Information » Mortgage Refinancing » how much should closing costs be for refinancing a mortgage?

how much should closing costs be for refinancing a mortgage?

I owe about 142,000 on my house. I got a quote to refinance and the closing costs are nearly 6,000! This is comparable to what the closing costs were when I initially purchased my home. Should it be this much to refinance the mortgage? (There are no problems with our credit, just a normal refinance for a lower rate)

RELATED POSTS:

  1. Who and where i can find the lowest closing costs on refinancing a mortgage? Where can I obtain the lowest fees on closing cost when refinancing a mortgage? Also, why does conventional bank around...

  2. I am refinancing my mortgage, can I start to sell the house now? I am refinancing a ballon to a fixed rate mortgage and in the agreement it says that I have to...

  3. Mortgage Refinancing – #1 Mortgage Refinance Secrets Revealed – Link in Description Visit www.videotwitter.net today to discover the top refinance mortgage rates secrets now! Tags: mortgage refinancing, mortgage refinance, refinancing, refinance,...

  4. At what point in my mortgage refinancing am I still able to withdraw my loan request in favor of a better rate? I locked in when my lender offered 5.5% but now rates are in the 4%s. I’ve turned in some signed...

  5. Learn Tulsa Mortgage Refinancing Tips from Mortgage Broker www.RefinanceTulsa.com Get answers to Tulsa mortgage refinancing questions. Best refinance rates. Mortgage broker home loan refinance info. Grab 20...

Written by

Filed under: Mortgage Refinancing · Tags: , , , , ,

One Response to "how much should closing costs be for refinancing a mortgage?"

  1. Judy says:
    Go to an amortization table.
    You may be better off just making an extra payment of 6,000 cash into your home.

    The more you pay down that mortgage the less interest you are throwing away.

Leave a Reply

Connect with Facebook

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Not finding what you're looking for?
Do a custom search of our entire site:

Get Adobe Flash player