Under your rent
40
$729,000
$351/sqft
4 bd · 4 ba · 2,075 sqft
#14, 45290 Soowahlie Crescent
Chilliwack · Townhouse
~$3,455/mo
Listed by Century 21 Creekside RealtyMLS® R3160445
Rent vs own
$3,500 a month in rent buys a $738,000 home in Chilliwack
At a 5.19% posted rate, 20% down and 25 years. 517 Chilliwack homes are listed at or under it.
- Purchase price
- $738,000
- Down payment
- $148,000
- All-in monthly
- $4,177/mo
- Homes listed
- 517
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$738,000
20% down assumed ($148,000). 517 homes listed at or under it in Chilliwack.
Of the first payment, about $975 goes to the loan itself. Tax, strata and insurance would bring the all-in price closer to $612,000.
- Purchase price
- $738,000
- Down payment
- $148,000
- All-in monthly
- $4,177/mo
- Homes listed
- 517
Source: Current MLS® listings.
Chilliwack homes your $3,500 rent could own
517 active listingsOpen these Chilliwack homes on the map
Draw an area and save homes you like.
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
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
30
$354,900
$286/sqft
3 bd · 2 ba · 1,240 sqft
#2, 9342 Hazel Street
Chilliwack · Townhouse
~$1,682/mo
Listed by Select Real EstateMLS® R3173329
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
33
$525,000
$378/sqft
3 bd · 2 ba · 1,389 sqft
#7, 46191 Cessna Drive
Chilliwack · Townhouse
~$2,488/mo
Listed by Homelife Advantage Realty LtdMLS® R3139591
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
37
$684,900
$360/sqft
3 bd · 3 ba · 1,904 sqft
#6, 7140 Maitland Avenue
Chilliwack · Townhouse
~$3,246/mo
Listed by Royal LePage Little Oak RealtyMLS® R3173274
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
39
$699,900
$326/sqft
4 bd · 4 ba · 2,147 sqft
#22, 45550 Shawnigan Crescent
Chilliwack · Townhouse
~$3,317/mo
Listed by Real Broker B.C. Ltd.MLS® R3173577
Under your rent
$325,000
$618/sqft
1 bd · 1 ba · 526 sqft
#106, 9450 Robson Street
Chilliwack · Apartment/Condo
~$1,540/mo
Listed by Royal LePage Brent Roberts RealtyMLS® R3173615
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 | $3,500/mo |
|---|---|
| Interest rate | 5.19% |
| Amortization | 25 years |
| Down payment (20%) | $148,000 |
| Mortgage supported | $590,000 |
| Purchase price | $738,000 |
| Tax, strata and insurance | $677/mo |
| All-in monthly | $4,177/mo |
Assumptions
- Rate
- 5.19%, the posted five-year fixed rate. Illustrative, not a quote.
- Amortization
- 25 years
- Down payment
- 20% ($148,000 on $738,000)
- 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
$148,000, or 20% of $738,000.
The mortgage payment is. Tax, strata and insurance add about $677/mo, for $4,177 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.