25
$849,000
$1,688/sqft
0 bd · 1 ba · 503 sqft
#25, 4335 Northlands Boulevard
Whistler · Townhouse
Listed by Whistler Real Estate Company LimitedMLS® R3174134
Pre-approval · Whistler
What does a mortgage pre-approval in Whistler ask for?
At the $1,710,900 median asking price, you need $342,180 down. A lender tests a payment of $9,160 a month.
- Minimum down
- $342,180
- Monthly payment a lender tests
- $9,160
- Implied household income
- $281,846
Affordability estimate · 1 of 3
What is your household income before tax?
- Minimum down
- $342,180
- Monthly payment a lender tests
- $9,160
- Implied household income
- $281,846
What a Whistler buyer needs
At $1,710,900, the minimum down payment is $342,180 and twenty percent is $342,180. Lenders test the payment at the qualifying rate of 6.49%, not the illustrative 4.49%. That is $9,160 a month over 25 years, which needs a household income near $281,846. The Whistler census median is $99,000, about $182,846 short of the figure the payment implies.
Homes above $1,500,000 cannot carry mortgage default insurance, so the Whistler median needs at least twenty percent down.
Minimum down payment on a Whistler home
| Figure | Amount |
|---|---|
| Median asking price | $1,710,900 |
| Minimum down payment | $342,180 |
| Twenty percent down | $342,180 |
| Mortgage default insurance | Not available above $1,500,000 |
| Qualifying payment at 6.49% | $9,160 per month |
The qualifying payment uses an illustrative rate, not a quote.
What a lender checks first
- Income you can document. Pay stubs, a letter of employment, and two years of Notices of Assessment. Self-employed files need two years of T1 Generals.
- Debt you already carry. Balances, minimum payments, and limits, including the limit on a card you never use.
- A down payment with ninety days of history. Any large deposit inside that window needs a paper trail, and a gift needs a signed letter.
- Credit. A hard check, read alongside how long your history runs.
The full document list is on how to get pre-approved for a mortgage in BC.
Homes on the market in Whistler
Active listings in Whistler
360 active listings
33
$2,699,000
$1,319/sqft
4 bd · 2 ba · 2,047 sqft
3205 Arbutus Drive
Whistler · Single Family Residence
Listed by Engel & Volkers WhistlerMLS® R3140674
39
$3,899,000
$1,676/sqft
4 bd · 4 ba · 2,326 sqft
#1, 2500 Taluswood Place
Whistler · Townhouse
Listed by Whistler Real Estate Company LimitedMLS® R3174127
27
$2,199,000
$1,731/sqft
3 bd · 2 ba · 1,270 sqft
2216 Whistler Ridge
Whistler · Single Family Residence
Listed by Fair RealtyMLS® R3174368
26
$2,299,000
8365 Mountain View Drive
Whistler · Land
Listed by Engel & Volkers WhistlerMLS® R3059590
29
$1,995,000
$1,478/sqft
3 bd · 2 ba · 1,350 sqft
#36, 6125 Eagle Drive
Whistler · Townhouse
Listed by Angell Hasman & Associates Realty Ltd.MLS® R3173633
20
$3,995,000
3853 Sunridge Court
Whistler · Land
Listed by Unison The Ryan Group RealtyMLS® R3174335
22
$1,699,800
$1,411/sqft
3 bd · 2 ba · 1,205 sqft
3015 Alpine Crescent
Whistler · Half Duplex
Listed by Heller Murch RealtyMLS® R3174289
16
$1,499,000
$1,271/sqft
2 bd · 2 ba · 1,179 sqft
#216, 6117 Eagle Drive
Whistler · Townhouse
Listed by Unison The Ryan Group RealtyMLS® R3166994
29
$2,299,000
$1,650/sqft
3 bd · 2 ba · 1,393 sqft
6533 Balsam Way
Whistler · Single Family Residence
Listed by Whistler Real Estate Company LimitedMLS® R3169752
4
$398,000
$973/sqft
0 bd · 1 ba · 409 sqft
#715, 4090 Whistler Way
Whistler · Apartment/Condo
Listed by Whistler Real Estate Company LimitedMLS® R3174019
21
$955,000
$1,684/sqft
1 bd · 1 ba · 567 sqft
#404, 4809 Spearhead Drive
Whistler · Apartment/Condo
Listed by Engel & Volkers WhistlerMLS® R3174294
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).
Pre-approval in cities near Whistler
Mortgage pre-approval in Surrey
$999,999 median asking price
Mortgage pre-approval in Vancouver
$1,380,000 median asking price
Mortgage pre-approval in Burnaby
$859,950 median asking price
Mortgage pre-approval in Richmond
$1,004,800 median asking price
Mortgage pre-approval in Kelowna
$789,450 median asking price
Mortgage pre-approval in Langley
$959,900 median asking price
Mortgage pre-approval in Abbotsford
$799,900 median asking price
Mortgage pre-approval in Coquitlam
$956,450 median asking price
Pre-approval questions in Whistler
At the $1,710,900 median, the minimum is $342,180 and twenty percent is $342,180. Homes above $1,500,000 cannot carry mortgage default insurance, so the Whistler median needs at least twenty percent down.
No. Final approval also depends on the property.
Yes. It is based on you, not a home, so it works anywhere in BC.
Related pages
Prepared by
Written and maintained by Ray Rasouli, REALTOR®, licensed in British Columbia and founder of Relta Real Estate.
Data
Source: MLS® listing data from BC real estate boards (MLS® Reciprocity) and CREA's DDF®.
NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. MLS®, Multiple Listing Service®, and REALTOR® are trademarks of the Canadian Real Estate Association (CREA).
CorrectionsReport a correction
Payments use an illustrative rate over 25 years and the federal qualifying rate. Not a quote or an offer of credit. Ray Rasouli is a licensed REALTOR® and is not a mortgage broker or a lender. Nothing on this page is financial advice, a rate quote, or an offer of credit.