A prospective house buyer has just placed a 0.5% deposit to purchase a $1,434, 500 residential property. The buyer has another $ 169, 700 in cash available to pay for the house and begins inquiring with their bank about taking out a loan mortgage. Given the buyer's less than stellar credit rating, if the bank insists that they purchase mortgage insurance, what minimum amount of capital does the bank have to set aside to service this loan according to the Basel III agreement? (Round to 2 decimal places. No comma separators required. For example, 12345.67 is VALID, but 12,345.67 is NOT)