Your have just sold your house for $900,000 in cash. Your mortgage was originally a 30-year mortgage with monthly payments and an initial balance of $800,000. The mortgage is currently exactly 18.50 years old, and you have just made a payment. If the interest rate on the mortgage is 6.25% (APR), how much cash will you have from the sale once you pay off the mortgage? (Ignore any real estate transaction costs.)

The discount rate is $____ per month. (Round to five decimal places.)

The monthly mortgage payment is $____. (Round to the nearest cent.)

The remaining balance is $____. (Round to the nearest dollar.)

The cash that remains after payoff of the mortgage is $____. (Round to the nearest dollar.)