Hawaii Mortgage Calculator 2026

Calculate your monthly mortgage payment for a home in Hawaii (HI). The median home price in Hawaii is $848,926, with an effective property tax rate of 0.27% (ranked #51 nationally). Use our free calculator to compare FHA, VA, USDA, and conventional loan options with real Hawaii data.

Hawaii Property Tax Information

Hawaii has an effective property tax rate of 0.27%, ranking #51 among all 50 states. The median annual property tax is $2,183 ($182/month). Source: Tax Foundation 2025.

Hawaii Loan Limits 2026

FHA loan limit in Hawaii: $524,225 (floor) to $1,814,625 (ceiling for high-cost areas). Conforming loan limit: $806,500 (baseline) to $1,209,750 (ceiling). Hawaii has designated high-cost areas with higher limits.

Estimated Monthly Payment in Hawaii

For a median-priced home of $848,926 with 20% down ($169,785), at 6.5% interest over 30 years: estimated monthly principal and interest is $4,293, plus $182 in property taxes and approximately $125 in homeowner's insurance, for a total estimated payment of approximately $4,600/month.

Hawaii Closing Costs

Average closing costs in Hawaii are $5,921 (0.62% of purchase price), ranked #12 nationally. Hawaii charges a transfer tax on real estate transactions. Source: Bankrate/LodeStar 2025.

Hawaii Housing Market 2026

Home prices in Hawaii have increased 1.5% year-over-year. Average days on market: 45. Inventory level: low. Currently considered a seller's market.

Down Payment Assistance Programs in Hawaii

Hawaii offers 1 down payment assistance programs through Hawaii Housing Finance and Development Corporation (HHFDC):

  • Hula Mae Program (second mortgage): First and second mortgage program for low-to-moderate income buyers. - Up to Below-market rates + DPA options

Contact HHFDC: https://dbedt.hawaii.gov/hhfdc | Phone: 808-587-0640

Did You Know About Hawaii?

  • Hawaii has the lowest effective property tax rate in the nation at 0.27%
  • Special exception FHA limits are 150% higher than the standard ceiling
  • High home prices mean most buyers need high-cost area loan limits
  • Condos are more affordable entry point than single-family homes

Frequently Asked Questions About Buying a Home in Hawaii

What is the average property tax rate in Hawaii?

The effective property tax rate in Hawaii is 0.27%, with a median annual tax of $2,183. This ranks #51 among all states.

What are the FHA loan limits in Hawaii for 2026?

The FHA loan floor in Hawaii is $524,225 and the ceiling is $1,814,625 for high-cost areas. The conforming loan limit baseline is $806,500.

How much are closing costs in Hawaii?

Average closing costs in Hawaii are $5,921, which is approximately 0.62% of the purchase price.

Are there first-time homebuyer programs in Hawaii?

Yes, Hawaii offers 1 down payment assistance programs through Hawaii Housing Finance and Development Corporation, including grants, forgivable loans, and second mortgages.

Is Hawaii a good place to buy a home in 2026?

With a median home price of $848,926 and low inventory, Hawaii is currently a seller's market. Home prices have increased 1.5% over the past year.

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Data last updated: 2025-11. This information is for educational purposes only and should not be considered financial advice.