What is John’s monthly payment on the loan assuming end-of-month payments?

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter10: Deductions And Losses: Certain Itemized Deductions
Section: Chapter Questions
Problem 28P
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H6. John suffered a cardiac event while at a ski resort in Utah and was airlifted to a hospital in Salt Lake City. John's family neglected to discuss the air transport with his insurance carrier before the airlift. John survived the airlift but is not sure he’ll survive the bill from the air transport. Considering his deductible and co-pay, John's out-of- pocket cost is $711,021. John’s credit union has agreed to a 15-year loan at 6% compounded monthly (or 6%/12 = 0.5% per month). What is John’s monthly payment on the loan assuming end-of-month payments?
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