Mortgage refinance

Francisco's Avatar


23 Oct, 2020 01:42 AM

When opening a new loan account based on a refi process, the balance of the old account should be transferred to the new loan account and some fees should be paid as part of the new loan. How do we add those fees to the new loan balance, ensuring that that monthly payment is properly calculated?

  1. 1 Posted by guchengfu875 on 19 Jan, 2021 01:49 PM

    guchengfu875's Avatar

    That's a good question.

  2. 2 Posted by jakekelly74xmnx on 19 Jan, 2021 02:00 PM

    jakekelly74xmnx's Avatar

    That's an interesting question. You better ask the bank that, the guys working there definitely knows that better or if you don't want to ask the bank for help, you can use the advice from, those guys know their job. It's a really confusing situation you have, so you better use some help. Hope you will find my advices useful. Can I ask you why you need that loan? I am paying a mortgage now, so I can understand you. Have a nice one my friend.

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