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Closing Fees at BFCU for Refinancing?
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hazeleyes33
LIF Adult
Member since 5/05 13060 total posts
Name:
Ginger
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Closing Fees at BFCU for Refinancing?
I am thinking of refinancing as we wouldn't save alot per month but we could cut down our time on paying our bills.
Is there a closing fee as I don't have any extra money for that and that might change my mind.
Thanks :)
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Posted 3/20/09 11:43 AM  |
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VickiC
Rocking the party
Member since 5/05 4937 total posts
Name:
Vicki
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Re: Closing Fees at BFCU for Refinancing?
yes - there are closing costs. They can roll them into the mortgage though.
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| Posted 3/20/09 12:44 PM |
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hazeleyes33
LIF Adult
Member since 5/05 13060 total posts
Name:
Ginger
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Re: Closing Fees at BFCU for Refinancing?
Posted by VickiC
yes - there are closing costs. They can roll them into the mortgage though.
Would it increase the monthly payment by much?
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| Posted 3/20/09 1:05 PM |
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VickiC
Rocking the party
Member since 5/05 4937 total posts
Name:
Vicki
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Re: Closing Fees at BFCU for Refinancing?
Depends on what your rate is now and how much you owe on the house and how much your new mortgage will be.
Our overall mortgage is going to be a bit bigger, but with the rate drop that we have (1.5% difference), we'll save $270/month.
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| Posted 3/21/09 8:59 PM |
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hazeleyes33
LIF Adult
Member since 5/05 13060 total posts
Name:
Ginger
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Re: Closing Fees at BFCU for Refinancing?
Posted by VickiC
Depends on what your rate is now and how much you owe on the house and how much your new mortgage will be.
Our overall mortgage is going to be a bit bigger, but with the rate drop that we have (1.5% difference), we'll save $270/month.
Thanks :)
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| Posted 3/21/09 9:08 PM |
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