Suppose you decide to purchase a piece of income-producing real estate -- an apartment complex -- for $2,000,000. Your bank tells you that they will lend funds to you for the purchase equal to 75% of the total value of the property.

Furthermore, the bank will lend you the money at an annual interest rate of 6.0%, to be repaid in 25 equal installments at the end of each of the next 25 years.

What would the total dollar-amount of your annual payments be?

Please enter your answer to the nearest cent, or penny.