Suppose you take a 10-year mortgage for a house that costs $285,076. Assume the following:

• The annual interest rate on the mortgage is 4.3%.
• The bank requires a minimum down payment of 10% of the cost of the house.
• The annual property tax is 1.5% of the cost of the house.
• The annual homeowner's insurance is $547.
• The monthly PMI is $58.
• Your other long-term debts require payments of $1,874 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?

Round your answer to the nearest dollar.