Under your rent
29
$299,900
$291/sqft
2 bd · 1 ba · 1,030 sqft
#101, 46033 Chilliwack Central Road
Chilliwack · Apartment/Condo
~$1,421/mo
Listed by RE/MAX Nyda Realty Inc.MLS® R3167995
Rent vs own
$1,500 a month in rent buys a $316,000 home in Chilliwack
At a 5.19% posted rate, 20% down and 25 years. 99 Chilliwack homes are listed at or under it.
- Purchase price
- $316,000
- Down payment
- $63,000
- All-in monthly
- $2,008/mo
- Homes listed
- 99
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$316,000
20% down assumed ($63,000). 99 homes listed at or under it in Chilliwack.
Of the first payment, about $417 goes to the loan itself. Tax, strata and insurance would bring the all-in price closer to $216,000.
- Purchase price
- $316,000
- Down payment
- $63,000
- All-in monthly
- $2,008/mo
- Homes listed
- 99
Source: Current MLS® listings.
Chilliwack homes your $1,500 rent could own
99 active listingsOpen these Chilliwack homes on the map
Draw an area and save homes you like.
Under your rent
18
$199,900
$352/sqft
1 bd · 1 ba · 568 sqft
#111, 45749 Spadina Avenue
Chilliwack · Apartment/Condo
~$947/mo
Listed by One Percent Realty Ltd.MLS® R3161619
Under your rent
31
$259,800
$281/sqft
2 bd · 1 ba · 924 sqft
#74, 5742 Unsworth Road
Chilliwack · Manufactured Home
~$1,231/mo
Listed by RE/MAX WestcoastMLS® R3173343
Under your rent
27
$99,900
$130/sqft
2 bd · 1 ba · 768 sqft
#41, 3942 Columbia Valley Road
Chilliwack · Manufactured Home
~$474/mo
Listed by Homelife Advantage Realty Ltd.MLS® R3147801
Under your rent
17
$314,900
$362/sqft
2 bd · 2 ba · 869 sqft
#101, 45567 Yale Road
Chilliwack · Apartment/Condo
~$1,493/mo
Listed by Pathway Executives Realty Inc.MLS® R3174062
Under your rent
35
$229,900
$280/sqft
1 bd · 1 ba · 820 sqft
#205, 45604 Brett Avenue
Chilliwack · Apartment/Condo
~$1,090/mo
Listed by Pathway Executives Realty Inc.MLS® R3171869
Under your rent
33
$129,900
$222/sqft
1 bd · 1 ba · 585 sqft
#415, 8531 Young Road
Chilliwack · Apartment/Condo
~$616/mo
Listed by Stonehaus Realty Corp.MLS® R3169311
Under your rent
35
$259,900
$277/sqft
2 bd · 1 ba · 937 sqft
#111, 45598 Mcintosh Drive
Chilliwack · Apartment/Condo
~$1,232/mo
Listed by RE/MAX Nyda Realty Inc.MLS® R3172727
Under your rent
21
$135,000
$230/sqft
1 bd · 1 ba · 586 sqft
#313, 8531 Young Road
Chilliwack · Apartment/Condo
~$640/mo
Listed by Select Real EstateMLS® R3170028
Under your rent
8
$249,900
$334/sqft
2 bd · 1 ba · 749 sqft
#21, 45655 Mcintosh Drive
Chilliwack · Apartment/Condo
~$1,184/mo
Listed by RE/MAX Nyda Realty (Agassiz)MLS® R3173899
Under your rent
24
$145,000
$346/sqft
0 bd · 1 ba · 419 sqft
#204, 9477 Cook Street
Chilliwack · Apartment/Condo
~$687/mo
Listed by Pathway Executives Realty Inc.MLS® R3173758
Under your rent
2
$306,882
#3, 51076 Falls Court
Chilliwack · Land
~$1,455/mo
Listed by RE/MAX Crest RealtyMLS® R3012334
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 | $1,500/mo |
|---|---|
| Interest rate | 5.19% |
| Amortization | 25 years |
| Down payment (20%) | $63,000 |
| Mortgage supported | $253,000 |
| Purchase price | $316,000 |
| Tax, strata and insurance | $508/mo |
| All-in monthly | $2,008/mo |
Assumptions
- Rate
- 5.19%, the posted five-year fixed rate. Illustrative, not a quote.
- Amortization
- 25 years
- Down payment
- 20% ($63,000 on $316,000)
- Property tax
- 4.79 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
$63,000, or 20% of $316,000.
The mortgage payment is. Tax, strata and insurance add about $508/mo, for $2,008 in total.
Other rents in Chilliwack
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.