I have $40,000 in a checking/savings account. I have an equity line with a variable interest rate that is currently 5%. The current balance is $56,000. I have a 0% credit card balance of $29,000 due with balance due 5/5/2017 (paid 2% transaction fee). I have a mortgage balance of $421,000 at a fixed 3.875% interest rate. I have no other debts, but would like to make some additional improvements to my home. I make $165,000 and have a family of 4. I contribute the maximum to my 401K per pay check including regular plus catch up.