Hawaii home affordability calculator
How much house you can afford in Hawaii, with the state's property tax and insurance costs built in. At today's 7.24% average rate, a household earning $100,000 can comfortably afford about $348,141.
By John Crane, MBA & the Editorial Team · Updated for the 2026 tax year. How we check our numbers
Comfortable price, Conventional loan
$345,679
$2,315 a month. Stretch to $345,679; lenders may approve up to $345,679
| Principal and interest | $2,083.20 | 90.0% |
|---|---|---|
| Property tax | $77.78 | 3.4% |
| Insurance | $57.04 | 2.5% |
| PMI | $96.80 | 4.2% |
- Comfortable
- $345,679
- Stretch
- $345,679
- Lender maximum
- $345,679
- Loan amount
- $305,679
- Cash needed
- $55,000
- Limited by
- Closing cash
Three ways to count it
| Budget | DTI limit | Max price | Monthly | Your ratios | Limited by |
|---|---|---|---|---|---|
| Comfortable | 28% / 36% | $345,679 | $2,315 | 27.8% / 33.8% | Closing cash |
| Stretch | 45% total | $345,679 | $2,315 | 27.8% / 33.8% | Closing cash |
| Lender maximum | 50% total | $345,679 | $2,315 | 27.8% / 33.8% | Closing cash |
Price vs interest rate
Conventional, 30 yearsCash to close
Comfortable priceSee the comfortable price in the mortgage calculator for the full amortization schedule and when mortgage insurance ends.
Buying a home in Hawaii
- Property tax in Hawaii runs about 0.27% of home value a year (the median tax bill divided by the median home value), the lowest of the 50 states and DC (U.S. 0.89%), or about $2,365 a year on the median home.
- The median owner-occupied home in Hawaii is worth $875,900, the highest of the 50 states and DC, compared with $360,600 nationally.
- Homeowners insurance runs about $1.98 per $1,000 of home value a year (U.S. $4.29), roughly $1,734 a year on the median home.
- Alaska and Hawaii have higher 2026 one-unit loan limits than the rest of the country: $1,249,125 to $1,873,675 for conforming loans and up to $1,873,625 for FHA loans, depending on the county.
- Comfortably affording the median Hawaii home of $875,900 takes a household income of about $277,000 at today's rates.
Home price you can afford in Hawaii at 7.24%
| Household income | Comfortable price | Monthly payment | Lender maximum |
|---|---|---|---|
| $60,000 | $214,235 | $1,300 | $303,825 |
| $80,000 | $286,098 | $1,867 | $410,511 |
| $100,000 | $348,141 | $2,333 | $520,088 |
| $150,000 | $498,173 | $3,500 | $794,032 |
| $200,000 | $651,581 | $4,667 | $1,056,833 |
Comfortable keeps housing at 28% of income and all debts at 36%; the lender maximum allows debts up to 50% and stops at the $1,249,125 conforming loan limit. Both assume enough savings for closing costs; the calculator starts with $15,000 of cash, which can cap the maximum. Check the full monthly cost in the Hawaii mortgage calculator.
More for Hawaii: Hawaii paycheck calculator · Hawaii income tax calculator · Hawaii mortgage calculator
Home affordability calculators for other states
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
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- Maine
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- Massachusetts
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- Mississippi
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- New Hampshire
- New Jersey
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- Ohio
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- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
How this is calculated
Affordability
The highest price where the full payment (principal, interest, property tax, insurance and mortgage insurance) stays within the debt-to-income limits for the loan type, the loan fits the 2026 limit, and the down payment meets the minimum.
Hawaii costs
Property tax and insurance use Hawaii's averages from the Census Bureau's American Community Survey (2024), scaled to each price.
Examples
Conventional 30-year fixed loan at 7.24% (Freddie Mac weekly average), $40,000 down, $500 of other monthly debts, a 740 to 759 credit score for PMI, and enough cash for closing costs.
Sources
- Freddie Mac Primary Mortgage Market Survey (weekly average mortgage rates)
- U.S. Census Bureau American Community Survey (property tax and home values by state)
- FHFA conforming loan limits
- HUD: FHA single family housing (loan limits and mortgage insurance)
- VA: home loan funding fee and closing costs
- USDA Rural Development: single family housing guaranteed loans
- Arch Mortgage Insurance: borrower-paid monthly PMI rate card
Related guides
- How much house can I afford? The 28/36 rule, explainedHow the 28/36 rule turns your income and debts into a home price, what lenders allow, and how rates, taxes and your down payment change the answer.
- FHA vs conventional loans: which costs less?FHA and conventional mortgages compared on down payment, credit score, mortgage insurance and total cost, and where each one comes out ahead.
Questions
How much house can I afford in Hawaii on $100,000 a year?
About $348,141 on a conventional 30-year loan at 7.24%, keeping housing near 28% of income and all debts under 36%, with $40,000 down and $500 of other monthly debts. That is a payment of about $2,333 a month including Hawaii's average property tax and insurance. Lenders may approve up to about $520,088.
What salary do you need to buy a house in Hawaii?
About $277,000 a year to comfortably afford the median Hawaii home of $875,900 with $40,000 down at 7.24%. A larger down payment, lower debts or a lower rate reduce it.
How do property taxes affect affordability in Hawaii?
Hawaii's average property tax of 0.27% of value a year adds about $197 a month on the median home, which lenders count in your housing payment. Each extra dollar of tax and insurance lowers the price you qualify for.