Refinancing home loan

[Rodrigo C.]

I have one question as my first real estate question.  I'm helping my parents refinance their home (older folks) directly with the bank since they are in a variable rate interest loan. The new loan terms are fixed at a 3.125% with closing costs of about $2200 for a ~ $110,000 loan. Are those closing costs fair or too expensive? My parents are trying to save some money on interests. They've had a plethora of bad real estate experiences so they are a bit hesitant to make the move. Any opinions are welcomed. Thank you.