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Updated over 5 years ago on . Most recent reply

User Stats

259
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66
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Wendy S.
  • Ellenwood, GA
66
Votes |
259
Posts

Refinance Costs Rolled In

Wendy S.
  • Ellenwood, GA
Posted

Good day all. So I decided to do a refinance and HELOC to hopefully enjoy the best of both worlds.

My question is, what are the benefits of paying the closings costs upfront vs having them rolled into the loan?

I have the funds to pay upfront and would think this would be better as my understanding is I will be paying interest on top of interest by having the closing costs rolled in. Am I wrong?

  • Wendy S.
  • Loading replies...