Stan has a Homeowner’s Insurance policy on his house. He decides to build a garage. He needs to take out a building permit for the garage which costs 5% of the cost of the project. He also needs to update his Homeowner’s policy to include other structures on the property since he does not have any other buildings but his house currently. The cost for this is $245. Stan has $20,000 saved, and the garage price is $19,700. How much more will Stan need to cover the cost of the garage with permit and insurance included?