Vanja and Samar bought a home last year and paid the followi…

Vanja and Samar bought a home last year and paid the following housing expenses during the year: Mortgage interest $14,500 Mortgage principal $1,235 Property taxes $4,250 Homeowner’s insurance $2,740 Maintenance $2,150 Utilities $3,900 ​ Assuming they are in the 28 percent marginal tax bracket, their standard deduction for the year is $12,100 and they have no additional expenses that they can itemize, how much more did they save in taxes from home ownership?