Typical Hawaii mortgage payment
The median home price in Hawaii is roughly $840,000. Here's the estimated monthly principal & interest payment on that amount, by rate and term:
| Rate | 15-year | 30-year |
|---|---|---|
| 5.00% | $6,643 | $4,509 |
| 5.50% | $6,864 | $4,769 |
| 6.00% | $7,088 | $5,036 |
| 6.50% | $7,317 | $5,309 |
| 7.00% | $7,550 | $5,589 |
| 7.50% | $7,787 | $5,873 |
| 8.00% | $8,027 | $6,164 |
At 6.50% over 30 years, a $840,000 home in Hawaii costs about $5,309/month in principal & interest.
What affects your Hawaii payment?
- Property taxes & insurance vary by county and aren't included above.
- Down payment: 20% down avoids private mortgage insurance (PMI).
- Loan term: a 15-year loan saves enormous interest vs. 30 years.
Median price is an approximate estimate. Figures are principal & interest only and exclude taxes, insurance and fees. Not financial advice.