Calculate Your Hawaii Mortgage Payment
Our calculator is pre-filled with Hawaii's median home price and property tax rate. Adjust the numbers to match your situation.
Open Calculator with HI DefaultsMonthly Payment Breakdown for Hawaii
Here's what your monthly payment looks like on the median Hawaii home ($830,219) with 20% down at 6.5%:
Note: This estimate assumes 20% down payment ($166,044), no PMI. With less than 20% down, add $277-$553/month for PMI.
Hawaii Property Taxes
Hawaii's effective property tax rate is 0.32%, which is below the national average of 0.89%.
Annual Property Tax on $830,219 Home
$2,657
($221/month escrowed)
Buying a Home in Hawaii: Key Facts
- Lowest property tax rate in the nation at 0.32%
- Highest median home price at $855,000
- Limited land and high demand drive prices
- Owner-occupant exemptions can reduce property tax burden further
Mortgage Calculators for Nearby States
Comparing homes across state lines? Check property taxes and home prices in neighboring states:
Hawaii First-Time Homebuyer Programs
Hawaii has 18 homebuyer assistance programs that can help with down payment and closing costs.
HHFDC Hula Mae Program
Below-market mortgage rates for first-time buyers
Low-Interest MortgageHHFDC Down Payment Loan
Up to 5% of purchase price at 3% interest
Low-Interest LoanSelf-Help Housing Program
Reduced costs through sweat equity building assistance
Sweat Equity ProgramEligibility requirements typically include income limits, credit score minimums (usually 620+), and homebuyer education courses. Visit DownPaymentResource.com to search for programs you may qualify for.
Major Cities in Hawaii
Home prices and property taxes can vary significantly by city. The median home value of $830,219 is a statewide estimate.
Hawaii Mortgage FAQ
What is the property tax rate in Hawaii?
The average effective property tax rate in Hawaii is 0.32%. On a $830,219 home, that's approximately $2,657 per year or $221 per month added to your mortgage payment.
What is the median home value in Hawaii?
The median home value in Hawaii is $830,219 as of 2026-04-01. Prices vary by location - Honolulu and Pearl City typically have higher prices than rural areas.
Are there first-time homebuyer programs in Hawaii?
Yes, Hawaii has 18 homebuyer assistance programs. Popular options include HHFDC Hula Mae Program, which offers below-market mortgage rates for first-time buyers.
How much do I need to buy a house in Hawaii?
For the median Hawaii home ($830,219), you'd need $166,044 for a 20% down payment, plus $24,907-$41,511 for closing costs. With down payment assistance, you could potentially buy with as little as $29,058 (3.5% FHA down payment).
Ready to Calculate?
Use our free mortgage calculator with Hawaii property taxes pre-filled.
Calculate Your HI Mortgage Payment