Suppose you found the house that you have been looking for years! It comes with a price tag of $$240,000.$ As luck would have it$,$ you have saved up $$15,000$ for the occasion as a down payment. If you found a bank that is willing to finance your house with a $3\mathrm{.}5\%$ APR, $20$ year loan then, how much will be your monthly payment? $($Round up your answer to two decimal point$)$ TVM Calculator

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