A couple wishes to borrow money using the equity in their home for collateral. A loan company will loan them up

to $70\%$ of their equity. They puchased their home $12$ years ago for $$70,525.$ The home was financed by paying $10\%$

down and signing a $30-$year mortgage at $9\mathrm{.}3\%$ on the unpaid balance. Equal monthly payments were made to

amortize the loan over the $30-$year period. The net market value of the house is now $$100,000.$ After making their

$144$th payment, they applied to the loan company for the maximum loan. How much

$($to the nearest

dollar$)$ will

they receive?

Amount of loan: $

$($Round to the nearest dollar.$)$A couple wishes to borrow money using the equity in their home for collateral. A loan company will loan them up to $70\%$ of their equity. They puchased their home $10$years ago for $$77985.$ The home was financed by paying $20\%$ down and signing a $-$year mortgage at $15\%$ on the unpaid balance. Equal monthly payments were made to amortize the loan over the $9$year period. The net market value of the house is now $$100,000.$ After making their $120$th payment, they applied to the loan company for the maximum loan. How much $($to the nearest dollar$)$ will they receive?