The current approximate value of Joshuas home is about $260,000. He still has a $150,000 balance on
Question:
The current approximate value of Joshua’s home is about $260,000.
He still has a $150,000 balance on his mortgage. His bank has agreed to let him borrow 80 percent of the value of his home. What is the maximum home equity line of credit available to Joshua?
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ISBN: 9781264101597
14th Edition
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
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