Under your rent
99
$799,000
$320/sqft
3 bd · 3 ba · 2,493 sqft
413 Robson Drive
Kamloops · Single Family
~$3,787/mo
Listed by REMAX KamloopsMLS® 10395516
Rent vs own
$4,000 a month in rent buys a $844,000 home in Kamloops
At a 5.19% posted rate, 20% down and 25 years. 714 Kamloops homes are listed at or under it.
- Purchase price
- $844,000
- Down payment
- $169,000
- All-in monthly
- $4,864/mo
- Homes listed
- 714
Source: Current MLS® listings.
Your rent
$
a month
The price your rent could cover
$844,000
20% down assumed ($169,000). 714 homes listed at or under it in Kamloops.
Of the first payment, about $1,112 goes to the loan itself. Tax, strata and insurance would bring the all-in price closer to $711,000.
- Purchase price
- $844,000
- Down payment
- $169,000
- All-in monthly
- $4,864/mo
- Homes listed
- 714
Source: Current MLS® listings.
Kamloops homes your $4,000 rent could own
714 active listingsOpen these Kamloops homes on the map
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Under your rent
21
$809,900
$674/sqft
2 bd · 2 ba · 1,202 sqft
#132, 200 GRAND Boulevard
Kamloops · Single Family
~$3,839/mo
Listed by REMAX KamloopsMLS® 10383760
Under your rent
27
$644,900
$384/sqft
3 bd · 3 ba · 1,680 sqft
#134, 3580 Valleyview Drive
Kamloops · Recreational
~$3,057/mo
Listed by REMAX KamloopsMLS® 10394594
Under your rent
31
$626,900
$307/sqft
4 bd · 4 ba · 2,044 sqft
#169, 3580 Valleyview Drive
Kamloops · Single Family
~$2,971/mo
Listed by REMAX KamloopsMLS® 10388280
Under your rent
31
$599,900
$426/sqft
3 bd · 3 ba · 1,408 sqft
#170, 3580 Valleyview Drive
Kamloops · Single Family
~$2,843/mo
Listed by REMAX KamloopsMLS® 10388284
Under your rent
32
$710,900
$471/sqft
3 bd · 3 ba · 1,509 sqft
#108, 3580 Valleyview Drive
Kamloops · Single Family
~$3,369/mo
Listed by REMAX KamloopsMLS® 10383828
Under your rent
41
$729,900
$384/sqft
3 bd · 2 ba · 1,903 sqft
1198 Raven Drive
Kamloops · Single Family
~$3,460/mo
Listed by Royal LePage Westwin RealtyMLS® 10403306
Under your rent
33
$609,900
$712/sqft
2 bd · 2 ba · 857 sqft
#508, 460 Nicola Street
Kamloops · Single Family
~$2,891/mo
Listed by Royal LePage Westwin RealtyMLS® 10403064
Under your rent
42
$654,900
$437/sqft
4 bd · 2 ba · 1,500 sqft
1094 SCHREINER Street
Kamloops · Single Family
~$3,104/mo
Listed by REMAX KamloopsMLS® 10403292
Under your rent
26
$659,900
$745/sqft
2 bd · 2 ba · 886 sqft
#1008, 460 Nicola Street
Kamloops · Single Family
~$3,128/mo
Listed by Royal LePage Westwin RealtyMLS® 10403073
Under your rent
41
$409,900
$817/sqft
1 bd · 1 ba · 502 sqft
#1005, 460 Nicola Street
Kamloops · Single Family
~$1,943/mo
Listed by Royal LePage Westwin RealtyMLS® 10403055
Under your rent
52
$574,900
$282/sqft
4 bd · 3 ba · 2,041 sqft
2161 Perryville Place
Kamloops · Single Family
~$2,725/mo
Listed by Royal LePage Westwin RealtyMLS® 10403212
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 | $4,000/mo |
|---|---|
| Interest rate | 5.19% |
| Amortization | 25 years |
| Down payment (20%) | $169,000 |
| Mortgage supported | $675,000 |
| Purchase price | $844,000 |
| Tax, strata and insurance | $864/mo |
| All-in monthly | $4,864/mo |
Assumptions
- Rate
- 5.19%, the posted five-year fixed rate. Illustrative, not a quote.
- Amortization
- 25 years
- Down payment
- 20% ($169,000 on $844,000)
- Property tax
- 6.85 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
$169,000, or 20% of $844,000.
The mortgage payment is. Tax, strata and insurance add about $864/mo, for $4,864 in total.
Other rents in Kamloops
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.