You have taken out a $530,000, one-year ARM. The teaser rate in the first year is 4.75% (annual). The index interest rate after the first year is 4.25% and the margin is 2.75%. (Note: The term on this ARM is 25 years). There is also a periodic (annual) rate cap of 2.00%. Given this information, determine the monthly mortgage payment you would be scheduled to make in month 13 of the mortgage loan's term.