Is this closing cost reasonable? I think it is, but want to get some thoughts. Conventional 30 year fixed refi.
u/CodeBase5208 — 9 days ago
u/CodeBase5208
▲ 2 r/Mortgages
$5758 total closing cost. $1678 of it is already paid. $2091 of it is prepaid interest.
Principal balance 698k. Original rate 6.625%, new rate 5.75%. 30 year fixed.
Is this closing cost reasonable? Plan to stay at this place for at least 4.5 more years, possibly longer. Wish I could attach a screenshot of closing disclosure..
u/CodeBase5208 — 9 days ago