Thinking about refinancing my VA mortgage, curious what others are doing

Refinanced mine last year, and yeah, saw about a 12-point dip initially. But honestly, the math made sense - lower interest rate meant more cash each month. Just make sure you factor in closing costs; those can sneak up on you... learned that one the hard way, lol.

"Just make sure you factor in closing costs; those can sneak up on you... learned that one the hard way, lol."

Yeah, closing costs caught me off guard too when I bought my place last year - felt like they came outta nowhere. Did you roll yours into the loan or pay upfront? Still debating which makes more sense...

I ended up paying mine upfront because rolling them into the loan made me nervous about paying interest on those costs over the long haul. But honestly, it was a tough call... felt like a big chunk of cash to part with all at once. Curious if anyone's refinanced recently - did you find the closing costs similar to your original purchase, or were they lower this time around?

Refinanced about 6 months ago and found closing costs noticeably lower than my original purchase. Guessing it's because some fees (like inspections, surveys, etc.) weren't needed again. Still, like you said...

"felt like a big chunk of cash to part with all at once."

Definitely a tough call either way.

Refinanced twice now, and yeah, second time around was definitely cheaper - no appraisal or inspection fees helped a lot. Still, the upfront cash pinch stings... Did you roll closing costs into your loan or pay upfront?