The first thing you want to look at is what is the rate on each of your current mortgages? Has anything changed in your financial situtation since you got the mortgages? Another thing to consider is if there is a prepayment penalty on either of the mortgages? Sometimes it may make more sense to leave them alone. The best advice I can give you is speak to a lender who is willing to take the time to determine what is right for you and your family. I would be happy to look at everything and give you some different options. Please feel free to contact me on my cell at 386-882-5699 or by email at email@example.com.