You'll pay nothing up front, but you'll probably pay more over the life of the loan with a no-closing-cost refinance. Here's when that might be right for you.
With a no-closing-cost refinance, you don’t have to pay closing costs upfront. But it could be more expensive long term.
Our flexible No Closing Costs mortgage is a great option if you want to bring less money to closing. Check our great rates and apply today.
A no-closing-cost refinance lets you refinance without paying closing costs upfront. Learn how to refinance without closing costs and when it makes sense to do so.
Learn when a "no-cost" mortgage refi saves you money and when it actually costs you more.
Learn how much it costs to refinance a mortgage, what's included in refinance closing costs, and how you can save money on your refi.
단순히 monthly payment가 100불 줄어드는데 refinance closing cost가 상쇄되는 시점만 생각했었습니다. 2. 그리고 5년뒤의 남은 원금을 비교해보아도 refi했을때가 더 적습니다. 물론 몇천불 차이는 안나요. 그런데 제가 공격적(?)으로 잡아서 5년이지 5년 이상 살 확률이 더 높을것 같습니다. 3. 돈계산은 역시 쉬운게 아니었습니다. ㅎㅎ 요즘 리파이낸싱이 핫해서 집산지 4개월밖에 안됐는데...
A no-cost mortgage is a loan where the borrower avoids paying upfront closing costs. Instead, they're added to the loan balance or charged via a higher interest rate.
Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. If mortgage rates have gone down since you first got your loan, refinancing your home can help save money on your monthly mortgage payment. It can lower your interest rate, or stretch your mortgage over several more years. But the refinancing pr...
If you’re ready to replace your existing mortgage with a better one, pay attention to your estimated refinance closing costs.