Over the Past 10 Years You Have Paid Your Mortgage

Multiple Choice

Over the past 10 years you have paid your mortgage principal down from $250 000 to ?$203 000 and your house has a market value went from $330 000 to $310 000.How much of a home equity line of credit could you receive if you applied now?

A) $61 000.
B) $45 000.
C) $85 600.
D) $27 000.