It all depends on how long you have been in the home, whether you need a new appraisal, and title search. But you should compare monthly payments with ALL COSTS INCLUDED.
I send people to GuaranteedRate.com, which is a very efficient and low-cost company In fact, I send people directly to my expert there — Leslie Struthers — who, believe me, does NOT need any more business. She is swamped. You can use my name in your email to her (Leslie@rate.com) to get her attention. I get nothing out of this. She doesn’t even have time for lunch!
Anyway, that’s where I have my friends start their refi process.