Suppose a newly$-$married couple, Ali & Ayse, want to buy their first home. They have $$1$M savings $($cash$)$ in their joint bank account. The bank offers them a mortgage plan:

$$ The house price is $$3$M if they pay in cash today. In this case, Ali & Ayse need to take a $$2$M mortgage loan from a bank. Bank offers them to give $$2$M$,$ through a $10-$year mortgage with monthly payments. Bank interest rate is $12\%.$ Calculate the monthly mortgage payment? Present your results in MS Excel.