You borrow $$155,000$ to buy a house. The mortgage interest rate is $7\mathrm{.}5$ percent and the loan period is $30$ years. Payments are made monthly. What is your monthly mortgage payment?

You borrow $$155,000$ to buy a house. The mortgage interest rate is $7\mathrm{.}5$ percent and the loan period is $30$ years. Payments are made monthly. What is your monthly mortgage payment?

$953\mathrm{.}7$

$1398\mathrm{.}43$

$1083\mathrm{.}78$

$1153\mathrm{.}7$

$1293\mathrm{.}55$