Hawaii Mortgage Rates & Home Prices (2026)
Median price: $835,000 · Avg. rate: 6.92%
Hawaii Market Overview
$835,000
Median Home Price
6.92%
Avg. 30-Yr Rate
0.28%
Property Tax Rate
60.1%
Homeownership Rate
Hawaii has the second-highest housing costs in the nation, driven by limited land and high demand. Despite the lowest property tax rate nationally, the high purchase prices create significant barriers. The HHFDC offers below-market rate mortgages for qualified buyers.
Estimated Monthly Payment
Median home in Hawaii (20% down, 30-yr fixed)
$4,951/mo
Principal & Interest$4,408
Property Taxes$195
Home Insurance (est.)$348
Total Monthly (PITI)$4,951
Based on a $835,000 home with 20% down ($668,000 loan) at 6.92%. Does not include PMI, HOA, or other fees.
First-Time Buyer Programs in Hawaii
- HHFDC Hula Mae Program
- DBEDT Mortgage Program
- County DPA Programs
Contact your state's Housing Finance Agency for current program availability and requirements.
Rate Comparison: HI Rates
30-Year Fixed6.92%
15-Year Fixed6.15%
5/1 ARM (est.)6.17%
FHA 30-Year6.77%
VA 30-Year6.67%
Rates are estimates based on state averages and may vary by lender and borrower qualifications.
Frequently Asked Questions
Key Stats: HI
FHA Loan Limit$1,149,825
Median Income$94,814
Cost Index1.55x