Calculate your monthly mortgage payment in Hawaii. Pre-filled with Hawaii's median home price of $820,000 and an average property tax rate of 0.28%.
Est. Monthly Payment
$4,832
Principal & Interest
$4,299
Property Tax / mo
$191
Total Interest Paid
$891,460
| Home Price | $820,000 | Median home price in Hawaii (2025) |
| Down Payment | 20% ($164,000) | Typical down payment percentage |
| Loan Amount | $656,000 | Home price minus down payment |
| Interest Rate | 6.85% | Approximate 30-year fixed rate (2025 avg) |
| Loan Term | 30 years | Most common mortgage term |
| Property Tax | 0.28% / year | Hawaii average effective rate |
| Home Insurance | 0.5% / year | Approximate annual premium |
HHFDC Hula Mae Multi-Family, DPA Loan Program
Cost of living: Very High · Population: 1,455,271
Hawaii has a median home price of approximately $820,000, placing it above the national median. With a 20% down payment of $164,000, a typical buyer would finance $656,000 over 30 years. At a 6.85% fixed rate, the monthly principal and interest payment comes to $4,299.
Property taxes in Hawaii average 0.28% of the assessed home value annually — one of the lower rates in the country. Combined with an estimated $342 for homeowners insurance, your all-in monthly housing cost is approximately $4,832.
Using the 28% housing cost guideline, you would need a gross annual income of approximately $207,064 to qualify comfortably. The median household income in Hawaii is $83,102.
