Refinance Closing Costs Explained (What to Put in Break-Even)
A practical checklist of refinance costs that belong in your break-even months calculation.
Updated 2026-07-15 · Not financial advice
Cash costs vs financed costs
Some fees are paid at closing; some are rolled into the new loan balance. Financed fees raise principal and future interest.
For break-even, include the economic cost you would not pay if you kept the current loan.
Related tool: refinance break even
Sources
Frequently Asked Questions
Are lender credits free?
Credits usually trade for a higher rate. Model both options with the same holding period.