Refinance Closing Costs Calculator

Get an itemized estimate of refinance closing costs by loan amount and state. See what you'll pay at closing before committing to a refinance.

$
Estimated Total Closing Costs
$9,825
3.3% of loan amount
Origination: $3,000
Title Insurance: $1,650
Prepaid/Escrow: $3,000
Underwriting: $800
Other Fees: $1,375
Origination Fee (1%)
$3,000
Appraisal
$500
Title Insurance
$1,650
Title Search & Exam
$250
Underwriting Fee
$800
Prepaid Interest & Escrow
$3,000
Recording Fees
$150
Other Fees
$475

How to Use This Calculator

Enter your Loan Amount (the new loan after refinancing) and select your State. The calculator generates an itemized estimate of all typical refinance closing costs. Title insurance rates vary significantly by state, which is why state selection matters.

This estimate is a starting point. Request a Loan Estimate (LE) from your lender within 3 business days of application — this is a standardized, required disclosure with actual numbers specific to your loan.

Refinance Closing Cost Components

Origination Fee: ~1% of loan amount (negotiable)
Appraisal: $400–$700 (flat fee, required by most lenders)
Title Insurance: 0.2–0.55% depending on state
Title Search & Exam: $200–$400 (flat)
Underwriting Fee: $500–$1,200 (flat)
Recording Fees: $50–$300 (government, non-negotiable)
Prepaid Interest: varies (days until first payment)
Credit Report: $20–$50
Flood Certification: $15–$30

Example: $300,000 Refinance in Texas

Itemized Cost Estimate

Origination Fee (1%)$3,000
Appraisal$500
Title Insurance (TX, 0.55%)$1,650
Title Search & Exam$250
Underwriting Fee$800
Recording Fees$150
Survey Fee$400
Prepaid Interest & Escrow (~1%)$3,000
Other (credit, flood cert)$75
Total Closing Costs~$9,825 (3.3%)

Texas has higher title insurance rates due to state regulations. At $9,825 in closing costs with $250/month savings, the break-even is about 39 months. Use the Refinance Break-Even Calculator to see if refinancing makes sense for your timeline.

Frequently Asked Questions

Refinance closing costs typically run 2–5% of the loan amount. On a $300,000 loan, expect $6,000–$15,000. The largest costs are usually origination fees, title insurance, and prepaid interest/escrow. States with regulated title insurance (like Texas and Florida) often have higher title costs than states where title is negotiable.
Yes, through a "no-closing-cost" refinance. Costs are either rolled into the loan balance (increasing what you owe) or offset by a higher interest rate (the lender gives you a credit in exchange for a higher rate). No-closing-cost makes sense if you plan to sell or refinance again within 2–3 years. Long-term holders pay more this way.
Negotiable: origination fee, processing fee, underwriting fee (shop multiple lenders). Non-negotiable (government fees): recording fees, transfer taxes. Title insurance is competitive in most states — ask about the reissue rate if you've owned the home less than 3–5 years (significant discount). Appraisal is ordered by the lender but sometimes can be waived (appraisal waiver).
A Loan Estimate (LE) is a standardized 3-page form lenders must provide within 3 business days of your application. It shows estimated interest rate, monthly payment, and all closing costs. Use it to compare lenders — the format is identical across all lenders, making comparison straightforward. Lenders are legally bound to honor most costs on the LE.
Mortgage points paid on a refinance must be deducted over the loan term (not all at once). On a 30-year refinance, you deduct 1/30th of the points each year. Other closing costs (appraisal, title, underwriting) are generally not deductible. Consult a tax professional for your specific situation.

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