A prospective homeowner knows that the monthly mortgage payment on a house that is for sale will be $738. The current owner says that the annual property tax bill for the upcoming year has been set at...

A prospective homeowner knows that the monthly mortgage payment on a house that is for sale will be $738. The current owner says that the annual property tax bill for the upcoming year has been set at $2,542 and will not be reassessed until next year. Fire insurance is supposed to be the same as last year, $900. What would be the prospective homeowner’s total monthly costs for the mortgage, property tax, and insurance bills?