Use the following information for the next five questions: Suppose that Linda and Jack Mallory, a financially successful young couple, are pondering the purchase of a home. They currently live in an apartment, which costs them $1,000 per month plus utilities, but they have found a $186,000 house they like. They can finance the home with a down payment of $37,200 and a 30-year, 3.5%, $148,800 mortgage. In addition to the down payment, closing costs on the loan will add $2,000 to the required investment. On top of the monthly mortgage payments, they will also pay $375 per month for property taxes and $80 for property insurance if they purchase the house. Assuming they are entitled to itemized deduction. Linda and Jack Mallory assume a marginal federal and state tax rate of 30%. Assuming the maintenance costs are close to zero. If they decide to sell the house, a 6% real estate sales commission will be charged. Estimate the total monthly mortgage payment