A seller has accepted my offer of $550,000 to purchase a 4 bedroom single family residence. My present housing expense is $27,600 annually. My first mortgage is 80% LTV and a 4.50% fixed interest rate. The annual interest only rate is .37500... My yearly hazard insurance expense is .35% multiplied by the purchase price and my yearly real estate taxes expense is 1.25% multiplied by the purchase price. What would my first mortgage (Principal & Interest) proposed cost be as well as my proposed hazard insurance and real estate taxes cost be?