Under your rent
37
$314,900
~$1,493/mo
i#219 – 1442 Blackwood Street
White Rock · Residential
1 bd
1 ba
610 sqft
$516/sqft
Built 1973
MLS® R3148628
Sutton Group-West Coast Realty
Rent vs mortgage
$1,500 a month in rent buys a $316,000 home in White Rock
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 $215,000. Here are the 6 White Rock homes on the market at or under it right now.
Purchase price
$316,000
Down payment
$63,000
All-in monthly
$1,983/mo
Matching homes
6
White Rock homes your $1,500 rent could own
Under your rent
20
$289,000
~$1,370/mo
i#105 – 1544 Fir Street
White Rock · Residential
1 bd
1 ba
717 sqft
$403/sqft
Built 1973
MLS® R3124454
LPT Realty ULC
Under your rent
11
$299,900
~$1,421/mo
i#102 – 1442 FOSTER Street
White Rock · Residential
1 bd
1 ba
924 sqft
$325/sqft
Built 1982
MLS® R3074876
Royal LePage Regency Realty
Under your rent
32
$309,900
~$1,469/mo
i#208 – 15020 North Bluff Road
White Rock · Residential
1 bd
1 ba
635 sqft
$488/sqft
Built 1974
MLS® R3153458
Oracle Realty
Under your rent
40
$242,500
~$1,149/mo
i#65 – 1840 160th Street
White Rock · Residential
3 bd
1 ba
1,019 sqft
$238/sqft
Built 1975
MLS® R3124589
Macdonald Realty (Surrey/152)
Under your rent
35
$299,800
~$1,421/mo
i#218 – 15020 North Bluff Road
White Rock · Residential
2 bd
2 ba
1,001 sqft
$300/sqft
Built 1974
MLS® R3120152
RE/MAX Treeland Realty
See all on the map (6 active listings)
Other rents in White Rock
$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 3.83 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 White Rock?
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 $215,000.
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 $483/mo in tax, strata and insurance, so the honest all-in monthly on a $316,000 home is closer to $1,983.
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.