Under your rent
21
$369,900
$504/sqft
1 bd · 1 ba · 734 sqft
#406, 33338 Bourquin Crescent
Abbotsford · Apartment/Condo
~$1,753/mo
Listed by RE/MAX Nyda Realty Inc.MLS® R3161585
Rent vs own
$1,800 a month in rent buys a $380,000 home in Abbotsford
At a 5.19% posted rate, 20% down and 25 years. 170 Abbotsford homes are listed at or under it.
- Purchase price
- $380,000
- Down payment
- $76,000
- All-in monthly
- $2,325/mo
- Homes listed
- 170
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$380,000
20% down assumed ($76,000). 170 homes listed at or under it in Abbotsford.
Of the first payment, about $499 goes to the loan itself. Tax, strata and insurance would bring the all-in price closer to $276,000.
- Purchase price
- $380,000
- Down payment
- $76,000
- All-in monthly
- $2,325/mo
- Homes listed
- 170
Source: Current MLS® listings.
Abbotsford homes your $1,800 rent could own
170 active listingsOpen these Abbotsford homes on the map
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Under your rent
20
$319,980
$347/sqft
2 bd · 2 ba · 923 sqft
#314, 33708 King Road
Abbotsford · Apartment/Condo
~$1,517/mo
Listed by Oakwyn Realty Ltd.MLS® R3143851
Under your rent
28
$369,900
$440/sqft
2 bd · 1 ba · 840 sqft
#8, 33900 Mayfair Avenue
Abbotsford · Townhouse
~$1,753/mo
Listed by eXp Realty of Canada Inc.MLS® R3140726
32
$379,900
$365/sqft
2 bd · 2 ba · 1,041 sqft
#221, 33175 Old Yale Road
Abbotsford · Apartment/Condo
~$1,801/mo
Listed by eXp Realty of Canada Inc.MLS® R3158143
Under your rent
40
$259,000
$346/sqft
1 bd · 1 ba · 749 sqft
#303, 33464 George Ferguson Way
Abbotsford · Apartment/Condo
~$1,228/mo
Listed by Coldwell Banker Executives RealtyMLS® R3170910
Under your rent
31
$349,900
$380/sqft
2 bd · 2 ba · 922 sqft
#206, 33708 King Road
Abbotsford · Apartment/Condo
~$1,658/mo
Listed by Royal LePage Little Oak RealtyMLS® R3173897
Under your rent
30
$359,000
$390/sqft
2 bd · 2 ba · 921 sqft
#307, 2958 Trethewey Street
Abbotsford · Apartment/Condo
~$1,702/mo
Listed by Real Broker B.C. Ltd.MLS® R3173184
Under your rent
26
$345,900
$588/sqft
1 bd · 1 ba · 588 sqft
#510, 32174 George Ferguson Way
Abbotsford · Apartment/Condo
~$1,639/mo
Listed by Breakside Real Estate GroupMLS® R3172651
Under your rent
8
$245,000
$357/sqft
1 bd · 1 ba · 687 sqft
#144, 1909 Salton Road
Abbotsford · Apartment/Condo
~$1,161/mo
Listed by Homelife Advantage Realty Ltd.MLS® R3170970
Under your rent
32
$259,900
$268/sqft
2 bd · 1 ba · 968 sqft
#220, 2277 Mccallum Road
Abbotsford · Apartment/Condo
~$1,232/mo
Listed by RE/MAX Truepeak RealtyMLS® R3171350
Under your rent
25
$348,700
$377/sqft
2 bd · 2 ba · 926 sqft
#201, 33839 Marshall Road
Abbotsford · Apartment/Condo
~$1,653/mo
Listed by KA & Associates Real Estate Ltd.MLS® R3173460
Under your rent
20
$299,900
$266/sqft
2 bd · 2 ba · 1,127 sqft
#311, 32833 Landeau Place
Abbotsford · Apartment/Condo
~$1,421/mo
Listed by Engel & Volkers VancouverMLS® R3173857
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).
The math
| Rent you pay | $1,800/mo |
|---|---|
| Interest rate | 5.19% |
| Amortization | 25 years |
| Down payment (20%) | $76,000 |
| Mortgage supported | $304,000 |
| Purchase price | $380,000 |
| Tax, strata and insurance | $525/mo |
| All-in monthly | $2,325/mo |
Assumptions
- Rate
- 5.19%, the posted five-year fixed rate. Illustrative, not a quote.
- Amortization
- 25 years
- Down payment
- 20% ($76,000 on $380,000)
- Property tax
- 4.52 per $1,000 of value
- Strata
- $320 a month, an estimate
- Insurance
- $62 a month, an estimate
An estimate, not a mortgage approval or financial advice. Change the rate, down payment or amortization in the calculator and the figures update.
Questions
$76,000, or 20% of $380,000.
The mortgage payment is. Tax, strata and insurance add about $525/mo, for $2,325 in total.
Other rents in Abbotsford
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
A mortgage broker can confirm what you qualify for.