Suppose you take a 10-year mortgage for a house that costs $207,304. Assume the following:

• The annual interest rate on the mortgage is 3.7%.
• The bank requires a minimum down payment of 7% of the cost of the house.
• The annual property tax is 1.7% of the cost of the house.
• The annual homeowner's insurance is $529.
• The monthly PMI is $60.
• Your other long-term debts require payments of $1,489 per month.

If you make the minimum down payment, what is the minimum gross monthly salary you must earn in order to satisfy the 36% rule?