Under your rent
30
$479,900
$464/sqft
3 bd · 3 ba · 1,035 sqft
#302, 33568 George Ferguson Way
Abbotsford · Apartment/Condo
~$2,275/mo
Listed by eXp Realty of Canada Inc.MLS® R3174085
Rent vs own
$4,000 a month in rent buys a $844,000 home in Abbotsford
At a 5.19% posted rate, 20% down and 25 years. 613 Abbotsford homes are listed at or under it.
- Purchase price
- $844,000
- Down payment
- $169,000
- All-in monthly
- $4,700/mo
- Homes listed
- 613
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$844,000
20% down assumed ($169,000). 613 homes listed at or under it in Abbotsford.
Of the first payment, about $1,112 goes to the loan itself. Tax, strata and insurance would bring the all-in price closer to $711,000.
- Purchase price
- $844,000
- Down payment
- $169,000
- All-in monthly
- $4,700/mo
- Homes listed
- 613
Source: Current MLS® listings.
Abbotsford homes your $4,000 rent could own
613 active listingsOpen these Abbotsford homes on the map
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Under your rent
31
$629,999
$485/sqft
3 bd · 3 ba · 1,300 sqft
#26, 32633 Simon Avenue
Abbotsford · Townhouse
~$2,986/mo
Listed by Century 21 Coastal Realty Ltd.MLS® R3070971
Under your rent
26
$795,000
$570/sqft
3 bd · 2 ba · 1,395 sqft
2304 Mouldstade Road
Abbotsford · Single Family Residence
~$3,768/mo
Listed by Behroyan & Associates Real Estate ServicesMLS® R3153557
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
Under your rent
34
$799,900
$400/sqft
3 bd · 4 ba · 2,002 sqft
#6, 35298 Marshall Road
Abbotsford · Townhouse
~$3,791/mo
Listed by Homelife Advantage Realty Ltd.MLS® R3163635
Under your rent
38
$799,000
$358/sqft
4 bd · 3 ba · 2,230 sqft
35103 Spencer Street
Abbotsford · Single Family Residence
~$3,787/mo
Listed by Sutton Group-West Coast Realty (Abbotsford)MLS® R3173786
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
Under your rent
34
$489,800
$483/sqft
3 bd · 2 ba · 1,015 sqft
#305, 2632 Pauline Street
Abbotsford · Apartment/Condo
~$2,322/mo
Listed by eXp Realty of Canada Inc.MLS® R3172723
Under your rent
40
$528,000
$372/sqft
2 bd · 2 ba · 1,418 sqft
#801, 33065 Mill Lake Road
Abbotsford · Apartment/Condo
~$2,503/mo
Listed by Interlink RealtyMLS® R3167860
Under your rent
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
28
$499,999
$478/sqft
3 bd · 3 ba · 1,046 sqft
#305, 33568 George Ferguson Way
Abbotsford · Apartment/Condo
~$2,370/mo
Listed by Homelife Advantage Realty Ltd.MLS® R3055594
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 | $4,000/mo |
|---|---|
| Interest rate | 5.19% |
| Amortization | 25 years |
| Down payment (20%) | $169,000 |
| Mortgage supported | $675,000 |
| Purchase price | $844,000 |
| Tax, strata and insurance | $700/mo |
| All-in monthly | $4,700/mo |
Assumptions
- Rate
- 5.19%, the posted five-year fixed rate. Illustrative, not a quote.
- Amortization
- 25 years
- Down payment
- 20% ($169,000 on $844,000)
- 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
$169,000, or 20% of $844,000.
The mortgage payment is. Tax, strata and insurance add about $700/mo, for $4,700 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.