Under your rent
9
$184,900
~$876/mo
i5391 TATTON STATION Road
100 Mile House · Land
MLS® R3098143
REMAX 100
Rent vs mortgage
$1,500 a month in rent buys a $316,000 home in 100 Mile House
That is what a 1500-a-month rent carries as a mortgage at 5.19%, with 20% down over a 25-year amortization. Covering property tax, strata and insurance inside the same monthly budget, the matching price is about $198,000. Here are the 44 100 Mile House homes on the market at or under it right now.
Purchase price
$316,000
Down payment
$63,000
All-in monthly
$2,062/mo
Matching homes
44
100 Mile House homes your $1,500 rent could own
Under your rent
39
$299,000
~$1,417/mo
i238 ELM Avenue
100 Mile House · Residential
3 bd
1 ba
1,663 sqft
$180/sqft
Built 1976
MLS® R3100324
REMAX 100
Under your rent
37
$268,000
~$1,270/mo
i5472 CANIM HENDRIX LAKE Road
100 Mile House · Residential
3 bd
2 ba
1,136 sqft
$236/sqft
Built 1975
MLS® R3155205
Real Broker BC LTD
Under your rent
27
$315,000
~$1,493/mo
i6462 MERCER Road
100 Mile House · Residential
4 bd
3 ba
2,150 sqft
$147/sqft
Built 1981
MLS® R3123785
Real Broker BC Ltd
Under your rent
27
$274,900
~$1,303/mo
i848 SCOTT Road
100 Mile House · Residential
3 bd
1 ba
828 sqft
$332/sqft
Built 1968
MLS® R3152388
REMAX 100
Under your rent
18
$67,900
~$322/mo
iLOT 2 SHORE Court
100 Mile House · Land
MLS® R3128007
REMAX 100
Under your rent
7
$109,000
~$517/mo
iLOT – 23 HORSE LAKE Road
100 Mile House · Land
MLS® R3051122
REMAX 100
Under your rent
8
$129,000
~$611/mo
iBLK C 94 MILE FRONTAGE Road
100 Mile House · Land
MLS® R3106724
REMAX 100
Under your rent
7
$129,000
~$611/mo
iBLK A 94 MILE FRONTAGE Road
100 Mile House · Land
MLS® R3106710
REMAX 100
Under your rent
16
$154,900
~$734/mo
i#3 – 3728 CARIBOO 97 Highway
100 Mile House · Residential
2 bd
1 ba
1,244 sqft
$125/sqft
Built 1971
MLS® R3133378
eXp Realty (100 Mile)
Under your rent
26
$239,900
~$1,137/mo
iLOT – 13 UNICORN Road
100 Mile House · Land
MLS® R3151814
eXp Realty (100 Mile)
Under your rent
17
$189,000
~$896/mo
i272 BLACKSTOCK Road
100 Mile House · Land
MLS® R3111489
Easy List Realty (BCNREB)
See all on the map (44 active listings)
Other rents in 100 Mile House
$1,800/mo · $2,000/mo · $2,200/mo · $2,500/mo · $3,000/mo · $3,500/mo · $4,000/mo
The assumptions behind these numbers
Every figure assumes a 5.19% interest rate, 20% down and a 25-year amortization. Property tax uses the local municipal residential rate of 6.81 per $1,000; strata ($320/mo) and insurance ($62/mo) are estimates, since neither is knowable from rent alone. Change any of these in the calculator and the numbers update in place. This is an estimate for comparison, not a mortgage approval or financial advice. Your rate, down payment and the home's real carrying costs will differ. Confirm with a mortgage professional before you rely on it.
Common questions
What can $1,500 a month in rent buy in 100 Mile House?
At a 5.19% rate with 20% down over 25 years, $1,500/mo carries the mortgage on a home priced around $316,000. Covering tax, strata and insurance inside the same budget, the matching price is about $198,000.
How much do I need for a down payment?
On a $316,000 home at 20% down, the down payment is $63,000. A smaller down payment raises the monthly cost and may add mortgage insurance.
Is the mortgage really the same as my rent?
The mortgage payment is, by design; that is what this page solves for. Owning also adds roughly $562/mo in tax, strata and insurance, so the honest all-in monthly on a $316,000 home is closer to $2,062.
RR
How these numbers are worked out
I am Ray Rasouli, a licensed REALTOR® with Real Broker B.C. Ltd. The purchase price is your rent solved back through a standard amortized mortgage, and the listings come from live MLS® inventory refreshed hourly, not a static table. The figures are for comparison, not a mortgage approval. Tell me your situation and I will confirm what you actually qualify for.
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Listing data provided by the Real Estate Board of Greater Vancouver and partner boards under MLS® Reciprocity. Deemed reliable but not guaranteed accurate. Mortgage figures are estimates for comparison only, not financial advice. MLS® and REALTOR® are trademarks of CREA.