Under your rent
29
$223,500
~$1,059/mo
i#104 – 703 Granville Avenue
Enderby · Residential
2 bd
2 ba
868 sqft
$257/sqft
Built 1991
MLS® 10383037
Sotheby's International Realty Canada
Rent vs mortgage
$1,500 a month in rent buys a $316,000 home in Enderby
That is what a 1500-a-month rent carries as a mortgage at 5.19%, with 20% down over a 25-year amortization. Covering property tax, strata and insurance inside the same monthly budget, the matching price is about $206,000. Here are the 41 Enderby homes on the market at or under it right now.
Purchase price
$316,000
Down payment
$63,000
All-in monthly
$2,023/mo
Matching homes
41
Enderby homes your $1,500 rent could own
Under your rent
26
$199,000
~$943/mo
i249 Crooked Pine Road
Enderby · Land
MLS® 10340169
Real Broker B.C. Ltd
Under your rent
36
$249,000
~$1,180/mo
i236 Crooked Pine Road
Enderby · Land
MLS® 10340911
Real Broker B.C. Ltd
Under your rent
35
$239,000
~$1,133/mo
i207 Crooked Pine Road
Enderby · Land
MLS® 10339976
Real Broker B.C. Ltd
Under your rent
24
$139,900
~$663/mo
iRV Lot 3 – 3303 Enderby Mabel Lake Road
Enderby · Residential
MLS® 10368937
RE/MAX Vernon Salt Fowler
Under your rent
24
$299,000
~$1,417/mo
i1125 Mallory Road
Enderby · Land
MLS® 10395629
Royal LePage Access Real Estate
Under your rent
17
$199,900
~$947/mo
i704 Knight Avenue
Enderby · Land
MLS® 10396492
REMAX Shuswap
Under your rent
4
$185,000
~$877/mo
i116 Birch Crescent
Enderby · Land
MLS® 10394425
Oakwyn Realty Okanagan-Letnick Estates
Under your rent
43
$184,900
~$876/mo
i#55 – 3303 Mabel Lake Road
Enderby · Residential
MLS® 10383648
O'Keefe 3 Percent Realty Inc.
Under your rent
43
$184,900
~$876/mo
i#55 – 3303 Mabel Lake Road
Enderby · Residential
1 bd
1 ba
400 sqft
$462/sqft
Built 2020
MLS® 10384472
O'Keefe 3 Percent Realty Inc.
Under your rent
27
$220,000
~$1,043/mo
iA – 878 Deep Creek Road
Enderby · Residential
2 bd
2 ba
720 sqft
$306/sqft
Built 2024
MLS® 10377185
Coldwell Banker Executives Realty
Under your rent
19
$108,900
~$516/mo
i#52 – 3303 Mabel Lake Road
Enderby · Land
MLS® 10391120
LandQuest Realty Corp. (Interior)
See all on the map (41 active listings)
Other rents in Enderby
$1,800/mo · $2,000/mo · $2,200/mo · $2,500/mo · $3,000/mo · $3,500/mo · $4,000/mo
The assumptions behind these numbers
Every figure assumes a 5.19% interest rate, 20% down and a 25-year amortization. Property tax uses the local municipal residential rate of 5.34 per $1,000; strata ($320/mo) and insurance ($62/mo) are estimates, since neither is knowable from rent alone. Change any of these in the calculator and the numbers update in place. This is an estimate for comparison, not a mortgage approval or financial advice. Your rate, down payment and the home's real carrying costs will differ. Confirm with a mortgage professional before you rely on it.
Common questions
What can $1,500 a month in rent buy in Enderby?
At a 5.19% rate with 20% down over 25 years, $1,500/mo carries the mortgage on a home priced around $316,000. Covering tax, strata and insurance inside the same budget, the matching price is about $206,000.
How much do I need for a down payment?
On a $316,000 home at 20% down, the down payment is $63,000. A smaller down payment raises the monthly cost and may add mortgage insurance.
Is the mortgage really the same as my rent?
The mortgage payment is, by design; that is what this page solves for. Owning also adds roughly $523/mo in tax, strata and insurance, so the honest all-in monthly on a $316,000 home is closer to $2,023.
RR
How these numbers are worked out
I am Ray Rasouli, a licensed REALTOR® with Real Broker B.C. Ltd. The purchase price is your rent solved back through a standard amortized mortgage, and the listings come from live MLS® inventory refreshed hourly, not a static table. The figures are for comparison, not a mortgage approval. Tell me your situation and I will confirm what you actually qualify for.
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Listing data provided by the Real Estate Board of Greater Vancouver and partner boards under MLS® Reciprocity. Deemed reliable but not guaranteed accurate. Mortgage figures are estimates for comparison only, not financial advice. MLS® and REALTOR® are trademarks of CREA.