Hawaii Mortgage Calculator
See your monthly payment on a Hawaii home, including property tax at the state average of 0.28%.
Monthly payment in Hawaii
With 20% down, a 30-year loan at 6.5% and Hawaii's effective property tax of 0.28%:
| Home price | Principal and interest | Property tax | Insurance (est.) | Total per month |
|---|---|---|---|---|
| $250,000 | $1,264 | $58 | $150 | $1,472 |
| $300,000 | $1,517 | $70 | $150 | $1,737 |
| $400,000 | $2,023 | $93 | $150 | $2,266 |
| $500,000 | $2,528 | $117 | $150 | $2,795 |
| $600,000 | $3,034 | $140 | $150 | $3,324 |
The 6.5% rate is an example. Current rates change weekly; see Freddie Mac for the latest average.
Property tax in Hawaii
The effective property tax rate in Hawaii is about 0.28% of a home's value each year. On a $400,000 home that is roughly $1,120 a year or $93 a month. Actual bills depend on county, school district and exemptions.
How Hawaii property tax compares
The average effective property tax rate across states is about 0.99%. Hawaii ranks number 1 of 51 from lowest to highest. States with the closest rates:
| State | Effective rate | Monthly tax on $400,000 |
|---|---|---|
| Hawaii | 0.28% | $93 |
| Alabama | 0.4% | $133 |
| Colorado | 0.49% | $163 |
| District of Columbia | 0.55% | $183 |
| Louisiana | 0.56% | $187 |
| South Carolina | 0.57% | $190 |
| Utah | 0.57% | $190 |
15-year or 30-year loan?
| Loan on $320,000 at 6.5% | Monthly principal and interest | Total interest |
|---|---|---|
| 30-year fixed | $2,023 | $408,142 |
| 15-year fixed | $2,788 | $181,758 |
A 15-year loan costs more each month but saves a large amount of interest. Property tax and insurance in Hawaii come on top of either payment.
Frequently asked questions
How much is a $400,000 mortgage payment in Hawaii?
With 20% down at 6.5% for 30 years the payment is about $2,266 a month including estimated tax and insurance.
Sources and method
Page last updated November 2026. See our editorial policy and disclaimer.