Honolulu, HI Mortgage Calculator
In Honolulu, Hawaii, the median home is around $880,000. With 20% down at 6.85% and Hawaii's ~0.29% effective property-tax rate, the all-in monthly payment is roughly $5,082.36 including principal, interest, property tax, and insurance.
Payment breakdown
- Principal & interest$4,613.02
- Property tax$806.67
- Home insurance$256.67
Balance over time
| Year | Principal paid | Interest paid | Ending balance |
|---|---|---|---|
| 1 | $7,360 | $47,996 | $696,640 |
| 2 | $7,881 | $47,475 | $688,759 |
| 3 | $8,438 | $46,918 | $680,321 |
| 4 | $9,034 | $46,322 | $671,286 |
| 5 | $9,673 | $45,683 | $661,613 |
| 6 | $10,357 | $44,999 | $651,256 |
| 7 | $11,089 | $44,267 | $640,167 |
| 8 | $11,873 | $43,483 | $628,294 |
| 9 | $12,712 | $42,644 | $615,582 |
| 10 | $13,611 | $41,745 | $601,971 |
| 11 | $14,573 | $40,783 | $587,398 |
| 12 | $15,603 | $39,753 | $571,795 |
| 13 | $16,706 | $38,650 | $555,089 |
| 14 | $17,887 | $37,469 | $537,201 |
| 15 | $19,152 | $36,204 | $518,049 |
| 16 | $20,506 | $34,851 | $497,544 |
| 17 | $21,955 | $33,401 | $475,588 |
| 18 | $23,507 | $31,849 | $452,081 |
| 19 | $25,169 | $30,187 | $426,912 |
| 20 | $26,948 | $28,408 | $399,964 |
| 21 | $28,853 | $26,503 | $371,110 |
| 22 | $30,893 | $24,463 | $340,217 |
| 23 | $33,077 | $22,279 | $307,140 |
| 24 | $35,415 | $19,941 | $271,725 |
| 25 | $37,919 | $17,437 | $233,806 |
| 26 | $40,599 | $14,757 | $193,206 |
| 27 | $43,470 | $11,887 | $149,737 |
| 28 | $46,542 | $8,814 | $103,194 |
| 29 | $49,833 | $5,524 | $53,361 |
| 30 | $53,361 | $2,001 | $0 |
Frequently asked questions
What's a typical mortgage payment in Honolulu, HI?
On a median Honolulu home (about $880,000) with 20% down at 6.85%, the full monthly payment is roughly $5,082.36 — principal, interest, Hawaii property tax, and insurance.
How much do you need to earn to buy a home in Honolulu?
Using the 28% housing rule, a $5,082.36 payment fits an income near $217,815 a year, before accounting for your other debts.
What are property taxes like in Honolulu?
Hawaii's effective property-tax rate averages about 0.29% of home value — roughly $2,552 a year on a $880,000 home. Local rates vary by county and city assessment.
Sources: Freddie Mac Primary Mortgage Market Survey; Tax Foundation — Property Taxes by State; Consumer Financial Protection Bureau.
Estimates for educational purposes only — not a loan offer, financial advice, or a commitment to lend. Actual rates, payments, and terms vary by lender and creditworthiness.