Given the information here,what is the annual cost of owning?

Name: Given the information here,what is the annual cost of owning?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The total cost equals (Mortgage payments + Property taxes + Home owner's insurance + Maintenance and repairs) - (Growth in equity + Tax savings + Annual appreciation) ={$19,200 + $4,800 + $1,200 + (1% × $300,000)} - {$3,000 + $2,800 + (1.5% × $300,000)} = $28,200 - $10,300 = $17,900.

Given the Information Here,what Is the Annual Cost of Owning