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
$2,000 a month in rent buys a $422,000 home in Enderby
That is what a 2000-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 $302,000. Here are the 54 Enderby homes on the market at or under it right now.
Purchase price
$422,000
Down payment
$84,000
All-in monthly
$2,570/mo
Matching homes
54
Enderby homes your $2,000 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
28
$349,900
~$1,658/mo
i717 Regent Avenue
Enderby · Residential
2 bd
1 ba
880 sqft
$398/sqft
Built 1991
MLS® 10396061
eXp Realty (Kelowna)
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
32
$329,900
~$1,564/mo
i#5 – 407 Baird Avenue
Enderby · Residential
3 bd
3 ba
1,858 sqft
$178/sqft
Built 1994
MLS® 10379005
Coldwell Banker Executives Realty
Under your rent
28
$375,000
~$1,777/mo
i30 Lusk Lake Road
Enderby · Land
MLS® 10396621
Coldwell Banker Executives (Enderby)
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
22
$389,900
~$1,848/mo
i#2 – 501 Kildonan Avenue
Enderby · Residential
2 bd
2 ba
924 sqft
$422/sqft
Built 1991
MLS® 10377903
RE/MAX Vernon Salt Fowler
Under your rent
4
$185,000
~$877/mo
i116 Birch Crescent
Enderby · Land
MLS® 10394425
Oakwyn Realty Okanagan-Letnick Estates
See all on the map (54 active listings)
Other rents in Enderby
$1,500/mo · $1,800/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 $2,000 a month in rent buy in Enderby?
At a 5.19% rate with 20% down over 25 years, $2,000/mo carries the mortgage on a home priced around $422,000. Covering tax, strata and insurance inside the same budget, the matching price is about $302,000.
How much do I need for a down payment?
On a $422,000 home at 20% down, the down payment is $84,000. 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 $570/mo in tax, strata and insurance, so the honest all-in monthly on a $422,000 home is closer to $2,570.
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.