Mathematics, 16.05.2021 01:30 rsanchez1226

Clover is planning to take out a home equity loan to pay for the remodeling of her kitchen and bathroom. According to a recent assessment, the market value of her home is $275,000. The remaining principal on her current mortgage is $185,000. If Clover's lender follows the rule of thumb of limiting a mortgage to 80% of the estimated value of the home, what is the highest amount Clover could take out as a home equity loan?

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 15:00, ejcastilllo

Let the mean of the population be 38 instances of from 6" - 9" hatchings per nest, and let the standard deviation of the mean be 3. what sample mean would have a confidence level of 95% or a 2.5% margin of error?

Answers: 1

continue

Mathematics, 21.06.2019 20:30, Derick21

Give the functions f(x) = |x + 2| - 3, what is the domain? a, b,c, or d all real numbers x > 2 x < -2 all real numbers and x cannot equal to 2

Answers: 1

continue

Mathematics, 21.06.2019 21:10, jaki9

Consider circle o, where and . m∠bpd °. °.

Answers: 3

continue

Mathematics, 21.06.2019 23:30, Cheyenne7327

Aparking garage charges $1.12 for the first hour and 0.50 for each additional hour. what is the maximum length of time tom can park in the garage if we wishes to play no more than $5.62

Answers: 1

continue

You know the right answer?

Clover is planning to take out a home equity loan to pay for the remodeling of her kitchen and bathr...