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step by step this is based in Canada ontario If your home is valued at $500,000 and you have an outstanding mortgage with a balance

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this is based in Canada ontario

If your home is valued at $500,000 and you have an outstanding mortgage with a balance of $275,000, what is the maximum amount you could borrow under a home equity loan? a. $325,000 b. $180,000 O c. $50,000 d. $400,000 e. $125,000

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