CALCMONEY // MORTGAGE // HI
Calculate your monthly mortgage payment using Hawaii-specific property tax rates, current average interest rates, and local median home prices.
Open Full Calculator$855,000
7%
0.28%
1.4%–11%
How today's 7% rate compares to recent years
| Period | 30-Yr Rate | vs. Today |
|---|---|---|
| 2026 (current) | 7% | — |
| 2024 avg | 7.42% | -0.42% |
| 2023 avg | 7.85% | -0.85% |
| 2022 peak | 7.68% | -0.68% |
| 2021 avg | 3.60% | +3.40% |
| 2020 avg | 3.40% | +3.60% |
Rate estimates based on Freddie Mac Primary Mortgage Market Survey national averages adjusted for Hawaii market conditions. Actual rates vary by lender and borrower profile.
| Principal & Interest | $4,551 |
| Property Tax | $200 |
| Homeowners Insurance (est.) | $285 |
| Total Monthly Payment (PITI) | $5,035 |
$171,000
$954,241
$215,793/yr
The median home price in Hawaii is $855,000, above the national median of $420,000. With a median household income of $84,800, the price-to-income ratio is 10.1x.
Property taxes in Hawaii average 0.28% of assessed value. On the median home, that is $2,394 per year, or $200 per month added to your mortgage payment. This is well below the national average of 1.1%, giving Hawaii homeowners a property tax advantage.
Hawaii has a state income tax of 1.4%–11%. Factor this into your take-home pay when calculating how much mortgage you can afford.
The cost of living index in Hawaii is 170 (national average = 100). Expect to pay more for groceries, transportation, and healthcare in addition to housing.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $684,000 loan saves $30,780 in interest over 30 years.
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