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Refinance cost estimator

Estimate the cost side of a refinance quote before comparing rates, points, credits and break-even timing.

What the tool does

This support tool estimates the total cost side of a refinance quote by grouping common cost categories: lender fees, points, appraisal, title/settlement, recording or mortgage tax, prepaids and escrow funding.

The goal is not to replace a Loan Estimate. The goal is to make a homeowner less likely to compare one quote's rate against another quote's full cost.

Refinance cost estimator

Estimated points costEnter numbers to estimate points cost
Estimated total before creditsEnter numbers to estimate costs
Estimated net cost after lender creditEnter numbers to estimate net costs

Educational estimate only. Actual Loan Estimates can include additional lender, third-party, government, escrow, and state-specific costs.

What to ask after estimating costs

  • Which charges are lender-controlled?
  • Which charges are third-party or government costs?
  • Are points included?
  • Is a lender credit raising the rate?
  • Are escrow/prepaid items true costs or timing items?
  • What is the break-even period after monthly savings?

Next decision

Closing costs explained Compare refinance quotes Break-even calculator

Official-source notes

CFPB consumer resources explain that borrowers should compare Loan Estimates, closing costs, interest rates, points and lender credits together. CFPB also explains that points usually lower the interest rate in exchange for more money at closing, while lender credits can reduce upfront costs in exchange for a higher rate.

CFPB Loan Estimate explainer CFPB loan costs overview CFPB points and lender credits CFPB discount points research CFPB Closing Disclosure explainer

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Want to talk through your refinance situation?

Use the simple conversation form if you want to be connected with a licensed mortgage professional. RefiRatesToday does not collect loan applications, Social Security numbers, mortgage statements, income documents, or sensitive borrower files.

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Additional practical context

The refinance decision is intentionally written as homeowner guidance rather than a rate quote or loan application. Before acting on any refinance idea, compare the loan purpose, total estimated costs, monthly payment impact, break-even timing, property plans and available alternatives.

For mortgage decisions, official disclosures and licensed professional guidance matter. A calculator or guide can clarify the question, but the final decision should be based on actual quote details and the homeowner's situation.