Credit Limit. Mary and Marty are interested in obtaining a home equity loan. They purchased their house five years ago for $167,000, and it now has a market value of $210,613. Originally, Mary and Marty paid $37,581 down on the house and took out a $129,419 mortgage. The current balance on their mortgage is $111,774. The bank uses 80% of equity in determining the credit Imt. What will their credit limit be if the bank bases their credit limit on equity invested and will loan them 80% of the equity? If the bank bases their credit limit on equity invested and will loan them 80% of the equity, their credit limit will be $(Round to the nearest dollar.) Credit Limit. Mary and Marty are interested in obtaining a home equity loan. They purchased their house five years ago for $167,000, and it now has a market value of $210,613. Originally, Mary and Marty paid $37,581 down on the house and took out a $129,419 mortgage. The current balance on their mortgage is $111,774. The bank uses 80% of equity in determining the credit limit What wil their credit limit be if the bank bases their credit limit on equity invested and will loan them 80% of the equity? If the bank bases their credit limit on equity invested and will loan them 80% of the equity, their credit limit will be $(Round to the nearest dollar)