The answers below have great advice that you would consider. In a scenario like the one you are in, the best option to figure out which way would be best is to explore both options see what's the most cost effective for you. In other words, to figure out the costs of a refinance and to see if that's a wise choice, you should talk to a lender, like myself, and see what we can do for you. Talking to a lender doesn't necessarily mean you then have to refinance, it's just a way of exploring your options so don't hesitate to call a lender. If you would like immediate help contact me!
Well I hope this helps! If you have any further questions or if you need a loan, feel free to contact me. Also, if you found this helpful please leave me a recommendation if you can!
Brian Nguyen Sr.
NMLS # 659743