conversation: User (Selfuntitled): "My mortgage servicer has been a little relentless with phone calls and junk mail about refinancing.  I've looked at rates, and it does seem to make sense.  \n\n**Current loan:** We're currently just under 2 years into a $220k 30yr fixed loan at 4.15%.  Paid down to $211k\n\n**Financial situation:** Just got a major raise through a job change, not having any problem affording the current loan.  We're already making an extra principal payment every month.  Credit score is excellent.  Edit - Had an appraisal for another reason within the past 6 months, house has gained at least $60k in value since purchase.\n\nEdit - **Current offer:** Offer from current servicer is around $2.5k in closing costs, with a 3.5% rate - this is a little stale, it's been a few weeks since I saw a number from them.  \n\nLooks like it's possible our rate could drop by as much as a half a percent with a refi.  \n\nThree questions:  \n1) I've never done this before - any thing different about shopping for an refi vs an original loan? \n\n2) If we have some extra cash around, is there a good equation to understand when it's worth paying for discount points?\n\n3) Anyone had a ok, or (god forbid) an actual good relationship with your mortgage broker/servicer?  I don't want to ask for too much, but my experience with the two companies that have owned our loan has been just plain bad.\n\nedit: stupid numbered list text-wrapping"
  Self: "I am in a near-identical situation.. Im just afraid they will add so many fees it won't make sense in the long run ( unless we stay in the home 10+ years ).\n\nAlso, I should have it re-appraised for the new value, would probably eliminate my MIP payments."
  