Some articles on recoup:
Refinancing - Types (US Loans Only) - No Closing Cost
... or if you are not sure you will hold the loan long enough to recoup the closing cost before you refinance or pay it off ... you plan on selling your home in three years, but it will take five years to recoup the closing cost ... will keep that loan for the entire length of the term or at least enough time to recoup the closing cost ...
... or if you are not sure you will hold the loan long enough to recoup the closing cost before you refinance or pay it off ... you plan on selling your home in three years, but it will take five years to recoup the closing cost ... will keep that loan for the entire length of the term or at least enough time to recoup the closing cost ...