CALCMONEY // MORTGAGE // HI // HONOLULU
Calculate your monthly mortgage payment using Honolulu-specific property tax rates and local market data.
$870,000
6.85%
0.28%
192
| Principal & Interest | $4,561 |
| Property Tax | $203 |
| Homeowners Insurance (est.) | $290 |
| Total Monthly Payment (PITI) | $5,054 |
$174,000
$945,817
$216,583/yr
The median home price in Honolulu is $870,000, above the national median of $420,000. With a median household income of $98,000, the price-to-income ratio is 8.9x — meaning buyers typically spend 8.9 years of gross income on the purchase price.
Property taxes in Honolulu run 0.28% of assessed value. On the median home, that is $2,436 per year, or $203 per month added to your mortgage payment. This is well below the national average of 1.1%, giving Honolulu homeowners a meaningful property tax advantage.
Hawaii has a state income tax. Factor your take-home pay into how much mortgage you can comfortably carry each month.
The cost of living index in Honolulu is 192 (national average = 100). Expect to pay more for groceries, transportation, and services in addition to housing.
Once you have your payment estimate, comparing lenders is the most important step. A 0.25% rate difference on a $696,000 loan saves $31,320 in interest over 30 years.
Compare Top Honolulu Mortgage LendersNeighborhood-level data for 3 ZIP codes in Honolulu. Rates, home prices, and estimated payments vary by area.