Web31. mar 2024 · Say you refinance your $150,000 home at 3.5% interest over a 15-year term. Your closing costs would usually be between 2% – 6% of your total loan amount. If your closing costs are $6,000, you’d end up paying a grand total of $43,018.31 in interest over the course of your refinance with this interest rate. WebYour total estimated refinancing costs will be: $2,516 Adjusted origination fees Other settlement charges Loan info Estimated market value Loan amount Term (years) Interest …
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Mortgage Refinancing: When Does It Make Sense? - Investopedia
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