human
John decides to get a loan by mortgaging his home. His house is worth $250,000. He gets a loan worth 40% of that. He uses 60% of that to pay off his debts. How much money did he have leftover after paying debt?
assistant
How much is John's loan? ** His loan is worth 250,000*.4=$<<250000*.4=100000>>100,000
How much money does John use to pay off debts? ** That means he uses 100,000*.6=$<<100000*.6=60000>>60,000 to pay off debts
How much money does John have left after paying debt? ** So he has 100,000-60,000=$<<100000-60000=40000>>40,000 leftover
#### 40,000