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TiliK225 [7]
3 years ago
11

Equity in your home = fair market value - outstanding balance. If your home is worth $125,000 and you have an outstanding balanc

e of $36,000, what is your equity?
Mathematics
2 answers:
mamaluj [8]3 years ago
8 0

Answer:

89,000 I think

Step-by-step explanation:

just subtract 125,000 by 36,000

although Its a guess

Vanyuwa [196]3 years ago
5 0

Answer:

$89,000

Step-by-step explanation:

To find your equity, subtract the outstanding balance from your home value:

125,000 - 36,000

= 89,000

So, your equity is $89,000

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Hope this helps!

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