How to use the Hawaii Mortgage calculator
- Enter your numbers. Fill in home price, down payment, down payment %, interest rate, loan term.
- Enter taxes, insurance & fees details. Fill in property tax / yr, home insurance / yr, HOA / month, PMI rate.
- Read your results. Results update instantly. The headline shows the estimated monthly payment; the breakdown and table below show the details.
Hawaii property taxes
Homeowners in Hawaii pay an average effective property tax rate of 0.32% of home value, #51 highest among the 50 states and DC and below the middle state (0.77%). On a $400,000 home that’s about $1,280 a year.
Hawaii has the lowest effective property tax rate in the country, but some of the highest home prices, so actual bills are not small. Hawaii is a special-exception area with higher conforming and FHA loan limits than the mainland.
2026 loan limits in Hawaii
- Conforming (Fannie Mae/Freddie Mac): $1,249,125 for one unit (special-exception baseline). Larger loans are jumbo loans.
- FHA: higher special-exception limits apply; check HUD’s county lookup. See the FHA loan calculator.
Example monthly payments in Hawaii
| Home price | Principal & interest | Property tax / mo | Total with $125/mo insurance |
|---|---|---|---|
| $250,000 | $1,264 | $67 | $1,456 |
| $400,000 | $2,023 | $107 | $2,254 |
| $600,000 | $3,034 | $160 | $3,319 |
20% down, 6.5% fixed for 30 years, no PMI or HOA. The interest rate is an example; use a current quote.
Worked example
With these inputs: home price $400,000; down payment $80,000; down payment % 20%; interest rate 6.5%; loan term 30y; property tax / yr $1,280; home insurance / yr $1,500; PMI rate (if under 20% down) 0.5%.
The calculator gives an estimated monthly payment of $2,254. Other results: loan amount $320,000, total interest $408,142, total of P&I payments $728,142, payoff date Oct 2056.
What your results mean
The payment includes principal and interest plus Hawaii property tax (preset to $1,280 a year, the statewide 0.32% average on a $400,000 home), insurance and any PMI or HOA. Replace the tax with your county’s figure for a closer estimate.
Tips
- Look up your county assessor’s rate; Hawaii rates vary widely by location.
- Get homeowners insurance quotes; the $1,500 default is only an example, not a state average.
- Compare other states: Idaho, Illinois, Indiana, Iowa.
Frequently asked questions
What is the property tax rate in Hawaii?
The average effective rate on owner-occupied homes is about 0.32% of home value (2023 Census ACS data via the Tax Foundation), ranking #51 highest of 50 states and DC. Rates vary by county and city.
What is the monthly payment on a $400,000 house in Hawaii?
About $2,254 a month with 20% down at 6.5% for 30 years: $2,023 principal and interest, $107 property tax and $125 insurance (example insurance amount).
What is the 2026 conforming loan limit in Hawaii?
$1,249,125 for a one-unit home; Hawaii is a statutory special-exception area with a higher baseline.
What is the FHA loan limit in Hawaii for 2026?
Hawaii is a special-exception area with higher FHA limits than the mainland; look up your county on HUD’s FHA limits page.
How much is property tax on a $300,000 home in Hawaii?
About $960 a year ($80 a month) at the statewide average effective rate.
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