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?
2 answers:
Answer:
89,000 I think
Step-by-step explanation:
just subtract 125,000 by 36,000
although Its a guess
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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