Suppose you take out a 30-year mortgage for a house that costs $440,476. Assume the following
• The annual interest rate on the mortgage is 3.9%.

• The bank requires a minimum down payment of 15% at the time of the loan. 

• The annual property tax is 2.4% of the cost of the house. 

• The annual homeowner's insurance is 1.3% of the cost of the house. 

• There is no PMI 

If you make the minimum down payment, what will your monthly PITI be? 

Round your answer to the nearest dollar.