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John and Laura own their home in Akron, Ohio, currently assessed for property taxes at $312,000, and aggregate property taxes run 2.25% of taxable value

John and Laura own their home in Akron, Ohio, currently assessed for property taxes at $312,000, and aggregate property taxes run 2.25% of taxable value annually. Their original mortgage, taken out five years ago, was for $232,000 financed for 30 years at 3.75%. Their monthly mortgage payment for principle and interest is $____, and after making 59 monthly payments their current mortgage balance is $______. The annual cost of their homeowners insurance is $2,020. In their home, they estimated that their home furnishings are currently worth $80,000, including a new living room set that cost $4,450 they purchased with funds from Johns money market account in 2015.

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