You found your dream house. It will cost you $$175,000$ and you will put down $$35,000$ as a down payment. For the rest you get a $30-$year $6\mathrm{.}25\%$ mortgage. What will be your monthly mortgage payment $($assume no early repayment$)?$

Question $16$ options:

$$862$

$$605$

$$389$

$$729$