You own a home that was recently appraised for $310,000. The balance on your existing mortgage is $125,350. If your bank is willing to loan up to 70% of the appraised value, what is the potential...

Extracted text: You own a home that was recently appraised for $310,000. The balance on your existing mortgage is $125,350. If your bank is willing to loan up to 70% of the appraised value, what is the potential amount (in $) of credit available on a home equity loan? Need Help? Read It Watch It Master It