You are considering buying a $$200,000$ house with a $5$ percent down payment, a $30-$year mortgage, a fixed annual rate of $4\mathrm{.}5$ percent, and monthly payments.

a$.$ What is the monthly payment?

b$.$ What is the monthly payment times $12?$

c$.$ What is the annual payment assuming payments are made annually instead of monthly?

Complete this question by entering your answers in the tabs below.

Required A

Required B

Required C

What is the monthly payment?

Note: Round your answer to $2$ decimal places.

Monthly payment