A chiropractic student receives a $10-$year PLUS Loan for $$70,000$ to complete the last $2$ years of the program. If the interest rate of the loan is $5\mathrm{.}44\%$ and the student begins repaying the loan $2$ years after graduation, what will the student's monthly payments be $($in dollars$)?($Assume the loan has a deferred payment plan. Round your answer to the nearest cent.$)$