How much money do you have to pay for closing cost when you refinance home loan? ?

I would like to refinance my house to get lower rate. My loan is 200,000. I m a first time homeowner, my current rate is 6.5 %. I ve own my home for about a couple of months, my credit is good, not excellent. I would like to know a ball park on paying closing cost. Also is the closing cost money i need to come up with?

2%

if you have equity in your home the closing costs can be wrapped in the loan. if you don't the lender can-raise the rate so they cover closing costs with a higher rate.( fact is most loans have some yield spread added to them) as far as closing costs approx 2% is a fair amount some charge.

unfortunately the national average is 3 1/2 % closing costs

and yes all no closing cost loans are charging a Higher rate to use that yield spread to cover closing costs for you!