You want to buy a $$244,000$ home. You plan to take out a $30$ year loan at $5\mathrm{.}25\%$ interest for the rest

You will also need to put $$2,440\mathrm{.}00$ a year in taxes and $$651$ a year in insurance into the escrow

account.

a$)$ What will your monthly payments be$?$

b$)$ How much will be pay in taxes and insurance to the escrow account each month?

c$)$ How much is your total monthly payment $($PITI$)?$