Question: Given the following information of the mortgage pool that backs a MPT (same as Question 3,4), what is the total cash flow of the pool

Given the following information of the mortgage pool that backs a MPT (same as Question 3,4), what is the total cash flow of the pool (i.e. to the issuer/SPV) in month 1 of this security? Round your final answer to two decimals.

30 year FRM, fully amortizing, monthly payments

Loans seasoned for 3 months before entering pool

WAM: 357

WAC: 4%

Servicer/Guarantee fee: 0.55%

Starting pool balance: 250,342,967

Prepayment assumption: 75% PSA
The answer is not:

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