Under your rent
40
$188,880
$246/sqft
2 bd · 1 ba · 768 sqft
#305, 201 Cayer Street
Coquitlam · Manufactured Home
~$895/mo
Listed by Royal LePage Brent Roberts RealtyMLS® R3169781
Rent vs own
$1,500 a month in rent buys a $316,000 home in Coquitlam
At a 5.19% posted rate, 20% down and 25 years. 14 Coquitlam homes are listed at or under it.
- Purchase price
- $316,000
- Down payment
- $63,000
- All-in monthly
- $1,984/mo
- Homes listed
- 14
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$316,000
20% down assumed ($63,000). 14 homes listed at or under it in Coquitlam.
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
- $1,984/mo
- Homes listed
- 14
Source: Current MLS® listings.
Coquitlam homes your $1,500 rent could own
14 active listingsOpen these Coquitlam homes on the map
Draw an area and save homes you like.
Under your rent
32
$295,000
$532/sqft
1 bd · 1 ba · 554 sqft
#109, 1177 Howie Avenue
Coquitlam · Apartment/Condo
~$1,398/mo
Listed by Real Broker BC LtdMLS® R3163338
Under your rent
15
$119,900
$138/sqft
2 bd · 3 ba · 870 sqft
49 4200 Dewdney Trunk Road
Coquitlam · Manufactured Home
~$568/mo
Listed by Stonehaus Realty Corp.MLS® R3172883
Under your rent
21
$299,000
$649/sqft
0 bd · 1 ba · 461 sqft
#201, 590 Whiting Way
Coquitlam · Apartment/Condo
~$1,417/mo
Listed by Royal Pacific Realty (Kingsway) Ltd.MLS® R3160813
Under your rent
36
$125,000
$139/sqft
2 bd · 1 ba · 901 sqft
#56, 145 King Edward Street
Coquitlam · Manufactured Home
~$592/mo
Listed by RE/MAX All Points RealtyMLS® R3167233
Under your rent
28
$298,000
$447/sqft
1 bd · 1 ba · 667 sqft
#115, 918 Roderick Avenue
Coquitlam · Apartment/Condo
~$1,412/mo
Listed by Metro Edge RealtyMLS® R3154835
Under your rent
35
$284,000
$275/sqft
2 bd · 1 ba · 1,033 sqft
#141, 145 King Edward Street
Coquitlam · Manufactured Home
~$1,346/mo
Listed by Royal LePage West Real Estate ServicesMLS® R3141176
Under your rent
24
$179,000
$188/sqft
3 bd · 1 ba · 952 sqft
#95, 145 King Edward Street
Coquitlam · Manufactured Home
~$848/mo
Listed by RE/MAX All Points RealtyMLS® R3160464
Under your rent
$299,000
$536/sqft
1 bd · 1 ba · 558 sqft
#905, 2975 Atlantic Avenue
Coquitlam · Apartment/Condo
~$1,417/mo
Listed by Sutton Group-West Coast RealtyMLS® R3160178
Under your rent
19
$248,880
$229/sqft
2 bd · 2 ba · 1,086 sqft
#212, 201 Cayer Street
Coquitlam · Manufactured Home
~$1,180/mo
Listed by Royal LePage Brent Roberts RealtyMLS® R3164337
Under your rent
17
$293,000
$283/sqft
3 bd · 1 ba · 1,034 sqft
#39, 145 King Edward Street
Coquitlam · Manufactured Home
~$1,389/mo
Listed by Royal LePage West Real Estate ServicesMLS® R3149558
Under your rent
9
$269,800
$484/sqft
1 bd · 1 ba · 557 sqft
#104, 1122 King Albert Avenue
Coquitlam · Apartment/Condo
~$1,279/mo
Listed by Team 3000 Realty Ltd.MLS® R3072585
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 | $484/mo |
| All-in monthly | $1,984/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
- 3.85 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 $484/mo, for $1,984 in total.
Other rents in Coquitlam
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.