Lewis and Laurie are married and jointly own a home valued at $$253,000.$ They recently paid off the mortgage on their home. The couple borrowed money from the local credit union in January of $2020.$ How much interest may the couple deduct in each of the following alternative situations? $($Assume they itemize deductions no matter the amount of interest.$)($Leave no answer blank. Enter zero if applicable.$)$

a$.$ The couple borrows $$53,000,$ and the loan is secured by their home. The credit union calls the loan a $$home equity loan.$$ Lewis and Laurie use the loan proceeds for purposes unrelated to the home. The couple pays $$2,900$ interest on the loan during the year, and the couple files a joint return.