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Hawaii Mortgage Calculator

On a $400,000 home in Hawaii with 20% down at 6.47%, the monthly payment is about $2,168 — $2,016 principal & interest, $97 property tax (0.29% effective) and $55 home insurance. Here, property tax is the larger of the two add-ons. Change the price, down payment and rate below for your exact figure.

$2,168 /mo

P&I: $2,016 · Tax: $97 · Insurance: $55

Loan amount: $320,000 · Total interest: $405,871

■ P&I 93%■ Tax 4%■ Insurance 3%
— Standard balance
Yearly amortization schedule
YearInterestPrincipalPMIBalance
1$20,599$3,597—$316,403
2$20,359$3,837—$312,566
3$20,103$4,093—$308,473
4$19,830$4,365—$304,108
5$19,539$4,656—$299,452
6$19,229$4,967—$294,485
7$18,898$5,298—$289,187
8$18,545$5,651—$283,536
9$18,168$6,028—$277,508
10$17,766$6,429—$271,079
11$17,338$6,858—$264,221
12$16,881$7,315—$256,906
13$16,393$7,803—$249,104
14$15,873$8,323—$240,781
15$15,318$8,877—$231,904
16$14,727$9,469—$222,435
17$14,096$10,100—$212,335
18$13,422$10,773—$201,561
19$12,704$11,491—$190,070
20$11,938$12,257—$177,812
21$11,121$13,074—$164,738
22$10,250$13,946—$150,792
23$9,320$14,875—$135,916
24$8,329$15,867—$120,049
25$7,271$16,925—$103,125
26$6,143$18,053—$85,072
27$4,940$19,256—$65,816
28$3,656$20,539—$45,277
29$2,287$21,908—$23,369
30$827$23,369—$0

Rates: Freddie Mac PMMS (wk 2026-06-18). Property tax: Tax Foundation. Insurance: Insurance.com. PMI applies when your down payment is under 20% (LTV > 80%). You can request cancellation at 80% LTV; the servicer must auto-terminate it at 78% (Homeowners Protection Act). How we calculate →

How much is a mortgage payment in Hawaii?

For a typical $400,000 home in Hawaii with a 20% down payment ($80,000) on a 30-year loan at 6.47%, the full monthly payment works out to about $2,168. That breaks down as $2,016 in principal and interest, $97 in property tax and $55 in homeowners insurance — so taxes and insurance add roughly $152 a month on top of the loan itself.

In Hawaii, property tax is the bigger of those two costs. The calculator above uses Hawaii's real figures by default, but every input is editable — drop in your own price, down payment, rate and HOA for an exact number, and add a loan type (FHA, VA or USDA) if you're not putting 20% down.

Hawaii property tax and home insurance

Hawaii's average effective property tax rate is 0.29% of a home's value — the 51st highest of the 50 states and DC (the 1st lowest). On a $400,000 home that's about $1,160 a year, or $97 a month, escrowed into your payment. Property tax is the part of a mortgage that varies most from state to state, which is why a national calculator can be well off for Hawaii.

Average homeowners insurance in Hawaii runs about $659 a year for $300k of coverage — $1,884 below the US average of $2,543, the 51st highest in the country. That low premium keeps Hawaii payments below many other states at the same price.

Hawaii mortgage payment by home price

Because Hawaii's tax rate and insurance are fixed shares of the cost, the monthly payment scales with the price. With 20% down at 6.47%:

$300,000 home → about $1,640/mo · $400,000 home → about $2,168/mo · $500,000 home → about $2,696/mo (all including Hawaii tax and insurance).

Putting less than 20% down adds private mortgage insurance (PMI) until you reach 20% equity, and a lower rate or longer search for insurance can meaningfully cut the Hawaii figure. Use the inputs above to model your own scenario and see the amortization schedule.

What's included in a Hawaii mortgage payment (PITI)

A mortgage payment has four parts, often shortened to PITI: Principal, Interest, Taxes and Insurance — plus PMI if you put down under 20% and any HOA dues. In Hawaii, principal and interest on a $320,000 loan come to $2,016, then Hawaii's property tax ($97) and insurance ($55) are collected monthly into an escrow account and paid on your behalf.

This calculator computes all of PITI for Hawaii, shows a full amortization schedule, and estimates how much an extra monthly payment or biweekly schedule would save you in interest over the life of the loan.

Hawaii mortgage — frequently asked questions

How much is a monthly mortgage payment in Hawaii?

On a $400,000 home in Hawaii with 20% down at 6.47% over 30 years, the payment is about $2,168 a month — $2,016 principal and interest, $97 property tax and $55 insurance. Enter your own price and rate above for an exact figure.

What is the property tax rate in Hawaii?

Hawaii's average effective property tax rate is 0.29% of a home's value (Tax Foundation, 2024) — the 51st highest in the country. On a $400,000 home that's roughly $1,160 a year, collected monthly through escrow.

How much is homeowners insurance in Hawaii?

Homeowners insurance in Hawaii averages about $659 a year for $300k of coverage, $1,884 below the national average of $2,543. Premiums vary by location, home age and claims history, so shop around.

Do I need PMI on a Hawaii mortgage?

If your down payment is under 20% on a conventional loan, lenders require private mortgage insurance (PMI) until you reach 20% equity, in Hawaii as elsewhere. You can request cancellation at 80% loan-to-value, and it's removed automatically at 78%. Set your down payment above to see the effect.

How much do I need to earn to buy a $400k home in Hawaii?

As a rough guide, the 28% rule suggests keeping housing costs at or below 28% of gross income, so a $2,168 payment in Hawaii points to roughly $92,910 a year, before other debts. Lenders also weigh your total debt-to-income ratio, down payment and credit score.

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Researched & verified by the Calcuris Data & Research Team. How we build and check our tools →