CALCMONEY // HOME AFFORDABILITY // HI // KAILUA
How much house can you afford in Kailua? Based on local median home prices, current HI mortgage rates, and Kailua property tax data.
$1,100,000
$6,472/mo
$277,376/yr
$377,236
Monthly housing costs of $6,472 represent 67.5% of Kailua's median gross monthly income ($9,583/mo). At 67.5%, median-income buyers in Kailua are significantly stretched — well above the 28% guideline. A larger down payment or higher income is required.
| Median Home Price | $1,100,000 |
| Down Payment (20%) | $220,000 |
| Loan Amount | $880,000 |
| Monthly PI Payment | $5,766 |
| Monthly Property Tax | $248 |
| Monthly Insurance Est. | $458 |
| Total Monthly PITI | $6,472 |
| Housing Cost % of Income | 67.5% |
| Required Income (28% rule) | $277,376/yr |
| Max Affordable Home | $377,236 |
$38,500
$8,413/mo
Kailua Home Affordability Quick Reference 2026
| Metric | Value | Notes |
|---|---|---|
| Median Home Price | $1,100,000 | Kailua city median |
| Down Payment (20%) | $220,000 | Conventional loan |
| Monthly PITI | $6,472 | 6.85% rate, 30yr fixed |
| Required Income (28% rule) | $277,376 | Annual gross |
| Max Affordable Home | $377,236 | Based on median income |
| FHA Down (3.5%) | $38,500 | Minimum FHA |
| Housing Cost % of Income | 67.5% | Median income: $115,000/yr |
| Property Tax Rate | 0.27% | $2,970/yr on median home |
Monthly PITI includes principal, interest, property tax, and homeowners insurance. Estimates only.
The median home price in Kailua is $1,100,000, with a local 30-year mortgage rate of 6.85%. A buyer putting 20% down carries a loan of $880,000, generating a monthly P&I payment of $5,766. Adding property taxes ($248/mo) and homeowners insurance ($458/mo) brings total monthly PITI to $6,472.
Kailua's property tax rate of 0.27% is among the lower rates in the country, which improves overall affordability by keeping total PITI closer to the principal and interest payment alone. On the Kailua median home, that is $248/month, or $2,970 per year.
Hawaii levies a state income tax, which affects take-home pay and effective buying power. High-income earners in Kailua should factor state tax liability into their overall housing budget — mortgage interest may be deductible on both federal and state returns.
Using the 28% rule, a household earning Kailua's median income of $115,000/year can afford up to $2,683/month in total housing costs. Based on Kailua's mortgage rate of 6.85% and property tax rate of 0.27%, that translates to a maximum affordable home price of approximately $377,236 with 20% down on a 30-year loan.
To afford the median Kailua home priced at $1,100,000, you need an annual gross income of approximately $277,376. Total monthly housing costs (principal and interest of $5,766, property taxes of $248, and insurance of $458) come to $6,472/month, which equals 28% of the required income.
At the median home price of $1,100,000 and median household income of $115,000, the total monthly housing cost of $6,472 represents 67.5% of gross monthly income. This is well above the standard 28% threshold, making Kailua a challenging market for buyers at median income.
A conventional 20% down payment on the median Kailua home of $1,100,000 is $220,000. An FHA loan requires just 3.5% down — $38,500 — but adds mortgage insurance of roughly $752/month, bringing total FHA payments to $8,413/month.