Ben and Carla Covington plan to buy a condominium. They will obtain a $$228,000,25-$year mortgage at $5\mathrm{.}0$ percent. Their annual

property taxes are expected to be $$2,200.$ Property insurance is $$560$ a year, and the condo association fee is $$260$ a month. Based

on these items, determine the total monthly housing payment for the Covingtons. Use Exhibit $7-7.($Round your intermediate

calculations and final answer to $2$ decimal places.$)$

Total monthly housing payment