Finance category
Mortgage, loan, investing, tax, and money calculators.
Refinance Closing Cost Calculator
Rebuild a refinance Loan Estimate line by line. Combine lender fees, discount points, title and settlement, prepaid interest, and escrow funding to see total closing costs and the real cash needed at the signing table.
Prepaids and escrow setup
Total closing costs
$6,767.81
Cash at close
$4,967.81
After credits and any old-loan escrow refund
Payment (costs paid out of pocket)
$2,001.08
Payment (costs financed)
$2,001.08
Closing cost breakdown
Every line item a refinance Loan Estimate typically includes.
Side-by-side snapshot
Lender side
$4,450.00
Points, origination, lender fees, appraisal, title, recording.
Prepaids and escrow funding
$2,317.81
Prepaid interest plus the upfront tax and insurance reserves to fund the new escrow account.
Closing costs as % of new loan
2.08%
Refinance check
Rolling closing costs into the new loan keeps cash in your pocket, but raises the financed balance to $325,000.00 and lifts the long-term interest cost.
How to Use
- Enter the new loan amount, rate, and term being quoted by the lender.
- Add lender-side fees: discount points, origination, lender fees, appraisal, title and settlement, and recording.
- Fill in prepaid interest days and the number of months of tax and insurance escrow your lender requires.
- Apply any lender credits, estimate your old-loan escrow refund, and toggle whether closing costs are financed to see cash at close and the resulting payment.
Frequently Asked Questions
What is included in refinance closing costs?
Typical refinance closing costs include discount points, origination, lender fees, appraisal, title and settlement, recording, prepaid interest, and new escrow reserves for taxes and insurance.
How is this different from a purchase closing cost calculator?
A refinance has no down payment, usually no transfer tax, and is focused on the loan rather than the property transfer. It also often includes an escrow refund from the old loan that offsets cash at close.
Should I roll closing costs into the loan?
Financing closing costs reduces cash at close but raises the loan balance and total interest. If keeping cash on hand matters more than lifetime cost, financing can be worth it, but break-even math gets longer.
Does prepaid interest affect my first payment?
Prepaid interest covers the interest from the closing date to the end of the month. Your first regular refinance payment usually falls two months after closing, after the prepaid interest window.
What is an old-loan escrow refund?
After your refinance funds and pays off the existing mortgage, the old lender returns the balance in your escrow account. It is a separate check and offsets the net cash you spend on the refinance.
Related Calculators
Refinance Calculator
Compare the new monthly payment and lifetime cost against your current mortgage.
Refinance Break-Even Calculator
Translate the closing-cost total into break-even months and a hold-period decision.
Closing Cost Calculator
Compare the refinance line items against a standard purchase closing-cost build-up.
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