Clover is planning to take out a home equity loan to pay for the remodeling of her kitchen and bathroom. According to a recent assessment, the market value of her home is $275,000. The remaining principal on her current mortgage is $185,000. If Clover's lender follows the rule of thumb of limiting a mortgage to 80% of the estimated value of the home, what is the highest amount Clover could take out as a home equity loan?