Is the following deal worth refinancing or is it too expensive?I've owned my home for about 3-4 years now. Original loan amount $213,000 at 6.75% 30 month fixed. I'm paying around $1,740/month currently. I now qualify for the HARP program and owe roughly $203,000. I was offered a 3.99% $208,000 30 month fixed which includes closing costs of about $2K, and my estimated property taxes that haven't been paid this year yet. I've heard different terms thrown around such as LTV and others calculating numbers explaining to people that there supposed offer isn't "worth it" but I have no idea how this is calculated or if my deal is "worth it". Any advice would be greatly appreciated. Estimated value of the house used to be $210-230 and is now around 180-190.Thanks!Chris.September 11 2012 - Charleston0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.