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Need assistance? Let me know how I can help.
If the price is better, you might choose the standard i7 6700 without the K suffix. Their performance is almost identical. If not, you'd have to replace everything with a fresh setup.
Upgrading your existing setup is likely to waste resources. I’d save money by choosing a more modern used system or components instead. A 6th generation CPU is already outdated after about ten years. Adding a newer GPU wouldn’t help much because it would create a bottleneck, and improving the CPU with the same board only offers minor gains in games. I’d consider replacing the motherboard, CPU, and RAM first, then upgrade to a new GPU and possibly a better PSU once you have sufficient funds.