re: Should I Refinance - Please Help!

I hate to tell you this but your closing costs are going to be NUCH higher that $2,000 - $3,000 .... unless your mortgage is lower than $50,000

You need to look at the attorney costs, filing fees and you will also need to set up your escrow accounts, again.

How much is your MI each month? Multiply that by the number of months it will be before it falls off, that should tell you if it would be worth it.