4. Find the total monthly payment for a $280,000 mortgage loan at 3.5% for 20'years. The assessed value of the home is $300,000. The annual taxes on the home are 1.25% of the assessed value and the...

Extracted text: 4. Find the total monthly payment for a $280,000 mortgage loan at 3.5% for 20'years. The assessed value of the home is $300,000. The annual taxes on the home are 1.25% of the assessed value and the insurance on the home costs $1350 per year. Round your answer to the nearest whole dollar. Applied Mathematics, Fourth Edition