Refinance Question - Paying off Unsecured Boat Loan

[sweetteavodka]

We are in the process of refinancing our home to lower the interest rate from 3.75% to 2.99% and paying off our HELOC that was used to remodel our kitchen.
The new loan amount with the HELOC payoff will be $300K. Today our appraisal came in higher than expected at $416K, so my question is this. Do we take our extra money to pay off an unsecured loan that we used to purchase a boat this past summer? The loan amount is $15K and the interest rate is about 6%. From a rate perspective it seems like the right thing to do, but I am also cautious about throwing more money on the mortgage.
Any thoughts? TIA!

[Susie]

No, you shouldn't swap unsecured debt for debt that's secured by your house. You also shouldn't amortize a boat loan over 30 years (or whatever the term of the mortgage is). Just renew your diligence to pay off the $15k boat loan ASAP.

[sadlebred]

Never use your house to pay off "fun" stuff.

[sweetteavodka]

Thank you both. Your answers make total sense and confirm (while giving valid reasons) to what my gut was telling me.