A home-equity loan involves borrowing against the equity in a house. For example, if your house is valued at 250,000 dollars and you have been paying the mortgage for a sufficient amount of time, you may owe only 150,000 dollars on the mortgage. Therefore, your equity in the home is 100,000 dollars. You can use the home as collateral for a loan, possibly up to 100,000 dollars, depending on the bank's policy. Home-equity loans often have shorter durations than regular mortgages. Suppose that you take a home-equity loan of 50,000 dollars for the down payment on a new house in a new location because you have a new job. When you complete the sale of your old house, the home-equity loan will be paid off at the closing. The home-equity loan terms are 10-year term at 7% p.a., compounded monthly, but you must also pay 0.05% of the original home-equity loan principal each month. What is the monthly payment