Question: Bronn takes out a fully amortizing, 5 / 1 hybrid, adjustable rate mortgage of $ 1 6 1 5 9 9 . 2 1 with

Bronn takes out a fully amortizing, 5/1 hybrid, adjustable rate mortgage of $161599.21 with 18-year maturity.
The interest rate is indexed to SOFR and the margin is 3%.
At the time of the loan origination, SOFR is 1%; it is expected that SOFR will be 3% at the end of the 5th year.
Bronns monthly payment during the 3rd year of the mortgage equals $____ per month.

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