This year, Major Healy paid $32,500 of interest on a mortgage on his home (he borrowed $650,000 to buy the residence in 2015; $750,000 original purchase price and value at purchase), $5,000 of interest on a $100,000 home equity loan on his home (loan proceeds were used to buy antique cars), and $5,000 of interest on a mortgage on his vacation home (borrowed $100,000 to purchase the home in 2010; home purchased for $250,000). Major Healys AGI is $220,000. How much interest expense can Major Healy deduct as an itemized deduction?