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Ben and Zhang Manchester plan to buy a condominium. They will obtain a $ 2 1 0 , 0 0 0 , 2 0 -

Ben and Zhang Manchester plan to buy a condominium. They will obtain a $210,000,20-year mortgage at 8.0 percent. Their annual property taxes are expected to be $2,676. Property insurance is $1,296 a year, and the condo association fee is $305 a month. Based on these items, determine the total monthly housing payment for the Manchesters. (Exhibit 9-9)

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