Home Equity Loan for renos + 401k repayment

[Michael White]

Hi all - first time poster, but have a question on best approach. My current household I used a 401K loan as a down payment. There's 36k remaining on the loan. I am currently putting an in-law suite addition on the house and using a home equity loan to do the reno; my question is should I pull out an additional 36k from our equity to repay the 401k? 

Note: The 401K loan has to be repayed in full if I want to pay it off early, otherwise I have a scheduled $75 payment each pay period for the next 28 yrs.