To Refinance or not to Refinance!

[John Grimaldi]

Hello BP. I've been listening to the Podcast and reading to forums for a few months and I find myself having analysis paralysis! My wife and I bought a SFH 4/2.5 home this past year in zip 18976. We paid 305,000 and I had put 25,000 into repairs. We currently owe 275,000 on the mortgage at 3.875%. Between my sweat equity and appreciation over the past year I believe it is worth 380,000-400,000. Not bad for 1 year while working a full time job (60 hr/wk) We have good household income but are expenses are high due to student loans and childcare. We are easily able to pay are expenses but do not have much left over. We have a savings of 3 months expenses. Should I refi and pay off students loans, refi to invest, or not refi at all? Thanks.