<PRE><B>Question 1193419</B>
The monthly PITI payment for the mortgage of 196,000atarateof6.5 4,850 and 1,084respectivelyis 1,341.60.

How to calculate the amount
We need to use the following formula:

PMT = (Pr(1+r)^n)/((1+r)^n-1) + T + I

Where:

PMT is the monthly payment

Using this formula, we can calculate the monthly PITI payment for the given mortgage as follows:

P = 196,000

r = 6.5% / 12 = 0.00541667

n = 25 * 12 = 300

T = 4,850 / 12 = 404.17

I = 1,084 / 12 = 90.33

PMT = (1960000.00541667(1+0.00541667)^300)/((1+0.00541667)^300-1) + 404.17 + 90.33

PMT = 1,341.6</PRE>