You bought a house 160 months ago and took out a mortgage (an installment) loan for $400,000 to buy the house. This is a 30-year loan that requires monthly payments (and the first payment was due one month after taking the loan). The APR for the loan is 12%. You just made the month 160 payment and are interested to know how much of your next month payment will go towards the repayment of principal? That amount is _______________

Calculate your answer to the nearest $.01 and do not use the $ sign. Enter your answer as a positive number. For example if you obtain a result of $1,245.739 then enter 1,245.74; if the result is $340, then enter 340.00