Closing costs to refinance a home loan average from four to seven percent of the loan amount. The amount varies by lender, loan type and the cost of fees in your area. Refinancing a mortgage.
How much are closing costs? Typically, home buyers will pay between about 2 to 5 percent of the purchase price of their home in closing fees. So, if your home cost $150,000, you might pay between $3,000 and $7,500 in closing costs. On average, buyers pay roughly $3,700 in closing fees, according to a recent survey.
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