Question: Devon has owned a home for eight years. It was purchased for 289000 . She has a first mortgage of $156 500, a car lease

Devon has owned a home for eight years. It was purchased for 289000 . She has a first mortgage of $156 500, a car lease with a buyout amount of $12 000, and credit card debt of $1989.

How much of a home equity loan can be applied for if the house was recently appraised at 331000 ?

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The total debts that Devon has are First mortgage 156500 Car lease buyout amount 12000 ... View full answer

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