After graduating from MMC and landing a great job, you are interested in purchasing a condo. You have found one that you really like. You would need a $75,000 mortgage in order to purchase it. After an online search of mortgage lenders, you find one that looks good. It is a 20-year mortgage at 4.25% annual interest. What would your monthly payments be? Be sure to use the correct sign, and round your answer to the nearest dollars and cents, for example -$725.25.