$299,900
~$1,421/mo
i#214 – 860 NICOLANI Drive
Kamloops · Residential
2 bd
2 ba
930 sqft
$322/sqft
Built 1996
MLS® 10390783
Royal LePage Westwin Realty
Rent vs mortgage
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 $200,000. Here are the 149 Kamloops homes on the market at or under it right now.
Purchase price
$316,000
Down payment
$63,000
All-in monthly
$2,053/mo
Matching homes
149
$299,900
~$1,421/mo
i#214 – 860 NICOLANI Drive
Kamloops · Residential
2 bd
2 ba
930 sqft
$322/sqft
Built 1996
MLS® 10390783
Royal LePage Westwin Realty
$299,900
~$1,421/mo
i#300 – 760 MAYFAIR Street
Kamloops · Residential
1 bd
1 ba
598 sqft
$502/sqft
Built 2011
MLS® 10397866
Century 21 Assurance Realty Ltd
$279,900
~$1,327/mo
i5888 DALLAS Drive
Kamloops · Land
MLS® 10398616
Century 21 Assurance Realty Ltd
$169,900
~$805/mo
i#112 – 2400 OAKDALE Way
Kamloops · Residential
3 bd
1 ba
974 sqft
$174/sqft
Built 1974
MLS® 10398623
Century 21 Assurance Realty Ltd
$154,777
~$734/mo
i7040 WATSON Drive
Kamloops · Land
MLS® 10392993
REMAX Kelowna
$89,998
~$427/mo
i#102 – 1175 ROSE HILL Road
Kamloops · Residential
1 bd
1 ba
480 sqft
$187/sqft
Built 1966
MLS® 10396954
REMAX Kamloops
$299,900
~$1,421/mo
i#104 – 975 Victoria Street W Street
Kamloops · Residential
1 bd
1 ba
749 sqft
$400/sqft
Built 2013
MLS® 10394503
Brendan Shaw Real Estate Ltd.
$169,900
~$805/mo
i#112 – 2400 OAKDALE Way
Kamloops · Residential
3 bd
1 ba
974 sqft
$174/sqft
Built 1974
MLS® 10390206
Century 21 Assurance Realty Ltd
$279,900
~$1,327/mo
i5888 DALLAS Drive
Kamloops · Land
MLS® 10376651
Century 21 Assurance Realty Ltd
$279,900
~$1,327/mo
i#2308 – 1030 TALASA Way
Kamloops · Residential
0 bd
1 ba
420 sqft
$666/sqft
Built 2009
MLS® 10398400
Century 21 Assurance Realty Ltd
$265,000
~$1,256/mo
i#18 – 1595 SUMMIT Drive
Kamloops · Residential
2 bd
1 ba
840 sqft
$315/sqft
Built 1978
MLS® 10398472
REMAX Kamloops
$269,900
~$1,279/mo
i#22 – 1680 LAC LE JEUNE Road
Kamloops · Residential
4 bd
2 ba
1,200 sqft
$225/sqft
Built 1968
MLS® 10398264
Brendan Shaw Real Estate Ltd.
See all on the map (149 active listings)
$1,800/mo · $2,000/mo · $2,200/mo · $2,500/mo · $3,000/mo · $3,500/mo · $4,000/mo
Every figure assumes a 5.19% interest rate, 20% down and a 25-year amortization. Property tax uses the local municipal residential rate of 6.48 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.
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 $200,000.
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.
The mortgage payment is, by design; that is what this page solves for. Owning also adds roughly $553/mo in tax, strata and insurance, so the honest all-in monthly on a $316,000 home is closer to $2,053.
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.
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.