Ben and Carla Manchester plan to buy a condominium. They will obtain a $$150,000,30-$year mortgage at $7$ percent. Their annual property taxes are expected to be $$1,800.$ Property insurance is $$480$ a year, and the condo association fee is $$220$ a month. Based on these items, determine the total monthly housing payment for the Manchesters. Use Exhibit $9-9$ e

$$1,310\mathrm{.}00.$

$$1,407\mathrm{.}50$

$$1,130\mathrm{.}00.$

$$1,208\mathrm{.}00.$