Suppose you take out a 30-year mortgage for a house that costs $488,082. Assume the following: The annual interest rate

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Suppose you take out a 30-year mortgage for a house that costs
$488,082. Assume the following: The annual interest rate on the
mortgage is 3.4%. The bank requires a minimum down payment of 15%
at the time of the loan. The annual property tax is 1.5% of the
cost of the house. The annual homeowner's insurance is 0.5% of the
cost of the house. There is no PMI If you make the minimum down
payment, what will your monthly PITI be? Round your answer to the
nearest dollar.