2026 data · 0.28% property tax · Median home $835,700
Hawaii Mortgage Calculator
A median-priced home in Hawaii ($835,700) costs roughly $4,852 per month all-in (PITI), assuming 20% down and a 30-year fixed at 7.0%. Hawaii's effective property tax rate is 0.28% — well below the US average of about 1.0%.
Hawaii median-home monthly payment
$4,852/mo
P&I $4,448 · Tax $195 · Insurance $209
@ $835,700 price, 20% down, 30-yr fixed at 7.0%
For a custom calculation with your specific numbers (different down payment, rate, term, or home price), use the main mortgage calculator — it includes a full amortization schedule.
Monthly payments at common home prices in Hawaii
| Home price | 20% down | P&I | Prop tax | Insurance | Total PITI/mo |
|---|---|---|---|---|---|
| $200,000 | $40,000 | $1,064 | $47 | $50 | $1,161 |
| $300,000 | $60,000 | $1,597 | $70 | $75 | $1,742 |
| $400,000 | $80,000 | $2,129 | $93 | $100 | $2,322 |
| $500,000 | $100,000 | $2,661 | $117 | $125 | $2,903 |
| $750,000 | $150,000 | $3,992 | $175 | $188 | $4,354 |
| $835,700 (state median) | $167,140 | $4,448 | $195 | $209 | $4,852 |
Calculations use Hawaii's 0.28% effective property tax rate, estimated homeowners insurance at 0.30%/year of home value, 30-year fixed at 7.0%, no PMI (20% down). Closing costs not included.
Hawaii property tax
Effective rate
0.28%
Median home value
$835,700
Median property tax
$2,340/yr
Hawaii has the lowest effective property tax rate in the US (0.28%), but the highest median home values ($835K+). Homeowner exemption reduces taxable value by $100,000-$160,000 depending on county and age.
See our property tax calculator for a state-by-state property tax breakdown, and our Hawaii paycheck calculator to estimate take-home pay against this monthly housing cost.
FAQs about Hawaii mortgages
What is the property tax rate in Hawaii?
Hawaii's effective property tax rate is 0.28%, meaning the average homeowner pays roughly 0.28% of their home's value in property tax annually. On a $835,700 home (the state median), that's about $2,340 per year, or $195 per month added to your mortgage payment.
What is the average monthly mortgage payment in Hawaii?
For a home at Hawaii's median value of $835,700, assuming 20% down, a 30-year fixed mortgage at 7.0%, and Hawaii's 0.28% property tax + estimated insurance, the typical monthly PITI payment is approximately $4,852. This includes $4,448 principal & interest, $195 property tax, and $209 homeowners insurance.
How much income do I need to buy a house in Hawaii?
Using the standard 28% front-end DTI rule, you'd need annual income of approximately $207,943 to comfortably afford Hawaii's median-priced home. Lenders typically allow up to 43% total DTI (including all debts), which corresponds to about $135,405 annual income at the maximum end. Your specific qualification depends on credit score, down payment, debts, and lender requirements.
Is Hawaii a good state to buy a house?
Hawaii's combination of 0.28% property tax (well below the national average of ~1.0%) and median home value of $835,700 puts it among the more expensive states for buyers, though long-term equity has historically been strong. Hawaii has the lowest effective property tax rate in the US (0.28%), but the highest median home values ($835K+).
How does Hawaii property tax compare to neighboring states?
Hawaii property tax rate is 0.28%. Compare with other states using our property tax calculator.
Does Hawaii have a homestead exemption?
Hawaii offers various property tax relief programs. Hawaii has the lowest effective property tax rate in the US (0.28%), but the highest median home values ($835K+). Homeowner exemption reduces taxable value by $100,000-$160,000 depending on county and age. Check with your county assessor for primary-residence exemptions and senior/disabled programs that may reduce your annual property tax bill.
What's included in PITI?
PITI stands for Principal, Interest, Taxes, and Insurance — the four standard components of a mortgage payment. For your Hawaii mortgage, the breakdown on a median-priced home would be: Principal & Interest $4,448, Property Tax $195, Homeowners Insurance $209. Add PMI if your down payment is under 20%, and HOA fees if your home is in a community with one.