A person was considering buying a house priced at $350,000. A mortgage company claimed the interest rate for the 20-year loan is 2.75%. The company also estimated that the points and Appraisal, Credit Report, Processing, Document Preparation, Administration, Underwriting, Flood Certificate, Tax Service, Wire Transfer, and other fees would be $15,000 in total. If the person accepts the terms of the loan on Feb. 29, 2016, the first monthly payment is due on March 31. How much mortgage would have been paid off after the payment on January 31, 2021?