TWO kinds of closing cost are treated differently

are treated differently.

1). The cost related to original life of loan (e.g., point,...) - you can recap immediately when refinancing in the same year as yearly cost. 

2). The cost not relating to the life of loan - you'll have to add to the cost base. This has nothing to do with refinancing.

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2) usually is the majority of the closing cost.

 

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• 明白了。Thanks! -apples- ♀ (0 bytes) () 06/18/2012 postreply 15:06:40