Ben and Carla Manchester plan to buy a condominium. They will obtain a $214,000, 15-year mortgage at 7.5 percent. Their annual property taxes are expected to be $2,376. Property insurance is $1,464 a year, and the condo association fee is $270 a month. Based on these items, determine the total monthly housing payment for the Manchesters. Use Exhibit 9-9. (Round time value factor to 2 decimal places and final answer to the nearest whole number.)

What is the total monthly housing payment?

Torm Rato 3.0% 3.5 30 Yoars $4.22 4.49 25 Yoars $4.74 5.01 20 Yoars $5.55 5.80 15 Years $6.91 7.15 4.0 4.77 5.28 6.06 7.40 7.65 5.56 6.33 4.5 5.0 5.07 5.37 5.85 6.60 7.91 5.5 5.68 6.14 6.88 8.17 6.0 6.00 6.44 7.16 8.43 6.32 6.67 7.45 8.71 6.5 7.0 6.65 7.06 775 8.98 7.5 6.99 7.39 8.06 9.27 8.0 7.34 7.72 8.36 9.56 8.5 7.69 8.05 8.68 9.85