The market value of your house is $175,000, and you have a first mortgage balance of $100,000. If a lender requires an 80% loan-to-market value ratio, how large could your home equity loan be?

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The Answer of The market value of your house is $175,000, and you have a first mortgage balance of $100,000. If a lender requires an 80% loan-to-market value ratio, how large could your home equity loan be?

The Market Value of Your House Is $175,000, and You