Worksheets
Worksheet: Costs of Refinancing
|
Cost |
Example |
Lender 1: |
Lender 2: |
|
1. Points |
$1,000 |
_______________ |
_______________ |
|
2. Application Fee |
$350 |
_______________ |
_______________ |
|
3. Title Search and Insurance |
$500 |
_______________ |
_______________ |
|
4. Inspections |
$200 |
_______________ |
_______________ |
|
5. Survey |
$150 |
_______________ |
_______________ |
|
6. Underwriting Fee |
$200 |
_______________ |
_______________ |
|
7. Credit Report |
$50 |
_______________ |
_______________ |
|
8. Appraisal |
$250 |
_______________ |
_______________ |
|
9. Attorney Fees |
$250 |
_______________ |
_______________ |
|
10. Recording Fees and document preparation |
$50 |
_______________ |
_______________ |
| 11. State and local taxes, stamp taxes, transfer taxes. |
? |
_______________ |
_______________ |
| 12. Prepaid Private Mortgage Insurance (PMI) |
? |
_______________ |
_______________ |
|
13. Other (if any) |
? |
_______________ |
_______________ |
|
Total Cost of Refinancing |
$3,000 |
_______________ |
_______________ |
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