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.
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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 (1.0%)
$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
Advanced
Advanced Calculator
Compare two lender fee structures, no-cost refinance option analysis
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Lender 1 (Standard)
$9,825
3.3% of loan
Origination: $3,000
No points
Lender 2 (With Points)
$10,575
3.5% of loan
Origination: $2,250
Points: $1,500 (saves 0.3% on rate)
Lender 1 Total
$9,825
Lender 2 Total
$10,575
Upfront Cost Difference
$750
Lender 2 costs more upfront
Rate Benefit (Lender 2)
0.3%
Lower rate from points
Pro
Professional Simulator
Roll-in costs analysis (finance vs pay upfront), break-even comparison
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%
yrs
Pay Closing Costs Cash
$1,896/mo
Upfront: $9,825
Loan: $300,000
Roll Costs Into Loan
$1,958/mo
$0 upfront
Loan: $309,825
Extra monthly: +$62
Pay Upfront Monthly
$1,896
Roll-In Monthly
$1,958
Roll-In Extra Monthly
$62
Cost of rolling in fees
Roll-In Total Interest Cost
$22,356
Extra interest on rolled costs
Total Cost (Pay Upfront)
$692,458
Total Cost (Roll-In)
$704,990
Rolling closing costs into the loan means you pay interest on fees for the full loan term. For a 30-year loan, the true cost of rolling in $9,825 is $32,181 (fees + interest on fees).
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
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.