You just purchased a 2-bedroom condo for the list price of $287,000. You had saved 20% of purchase price that you will pay as down payment and finance the remaining with a loan of 25 years at 4.5% interest and monthly payments. What is your monthly payment on this loan?

$1,145.78

$1,276.19

$1,290.33

$1,267.13

$1,325.12