Elmo bought a property for an agreed price of $450,000. He put down $125,000 and financed the remainder with a 30-year conventional loan with interest fixed at 4.25% and monthly taxes incorporated into the monthly payment at $145 per month. What would Elmo's monthly payment be? (Choose closest answer.) Select one: a. $1,975 b. $1,750 c. $2,360 d. $1,590