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How much of a home equity loan can be applied

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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 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?

Reference no: EM132982969

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