HOME EQUITY UNES. Aaron and Laura Pearson have a home with an appraised value of $180,000 and a mortgage balance of only $90,000. Given that an S&L is willing to lend money at a loan-to-value ratio of 75 percent, how big a home equity credit line can Aaron and Laura obtain? How much, if any, of this line would qualify as tax-deductible interest if their house originally cost $200,000? 6. USING O EBD RAFT PROTECTION UNE. Sloane Chen has an overdraft protection line. Assume that her October 2017 statement showed a latest (new) balance of $862. If the line had a minimum monthly payment requirement of 5 percent of the latest balance (rounded to the nearest $5 figure), what would be the minimum amount that she'd have to pay on her overdraft protection line?

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