As one of the loan officers for Grove Gate Bank, calculate the monthly principal and interest, PI $($in $$),$ using this table and the monthly PIII $($in $$)$ for the mortgage. $($Round dollars to the nearest cent.$)$

$\backslash$table$[[\backslash$table$[[$Amount$],[$Financed$]],\backslash$table$[[$Interest$],[$Rate$]],\backslash$table$[[$Term$],[$of Loan$],[($years$)]],\backslash$table$[[$Monthly$],[$PI$]],\backslash$table$[[$Annual$],[$Property$],[$Tax$]],\backslash$table$[[$Annual$],[$Insurance$]],\backslash$table$[[$Monthly$],[$PITI$]]],[$$$220,000,3\mathrm{.}50\%,25,$$$,$$$6,543,$$$2,186,$$