Before refinancing, you need to understand the math. If you skip this, you’re just guessing. Most people hear “rates are dropping” and assume refinancing automatically makes sense. It doesn’t. Here’s the framework I use to evaluate every refinance: 1️⃣ Escrows are usually a wash. Taxes and insurance reset either way. They are not true costs. 2️⃣ Focus on the remaining refinance cost after credits. That’s the number that actually matters. 3️⃣ Account for the skipped payment. When you refinance, y