Your proerty tax & insurance is only $200 a month & that’s it? Don’t you have utilities & other small “niceties” like cable TV, internet, etc.? If you honestly get by on $200 a month, I’d like to know how.
Apples and Oranges.
The only cost to owning a home is property tax and insurance.
Everything else are bills you would have to pay if you owned or rent so I did not include them in my summary.
But of course you already know that.