Hawaii Closing Costs Calculator 2026 — Buyer & Seller
Last updated: April 2026 · Source: Zillow, Freddie Mac, Tax Foundation
Quick Answer
Closing costs in Hawaii typically run 2–5% of the purchase price. For a $780,000 home, expect to pay $15,600–$39,000 in closing costs (lender fees, title insurance, appraisal, prepaid taxes/insurance). First-time buyers in Hawaii may qualify for down payment assistance programs to offset these costs.
Hawaii Housing & Mortgage Data
| Median Home Price | $780,000 |
| 30-Year Fixed Rate | 7.05%(State average, Apr 2026) |
| Property Tax Rate | 0.28%(Effective rate) |
| Avg HO Insurance | $1,300/yr ($108/mo) |
| Typical Down Payment | 15% ($117,000) |
| Median Household Income | $86,000/yr |
Key Facts for Hawaii
- ✓Hawaii median home price is $780,000 as of 2026
- ✓30-year fixed mortgage rates in Hawaii average 7.05%
- ✓Property taxes in Hawaii are 0.28% — below the national average of 1.10%
- ✓Homeowners insurance averages $1,300/year in Hawaii
- ✓A household earning $195,000/year can typically afford the median Hawaii home
More Hawaii Calculators
Frequently Asked Questions — Closing Costs Calculator in Hawaii
- What closing costs are required in Hawaii?
- Hawaii closing costs include lender fees (origination, underwriting ~$1,000–$2,000), appraisal ($400–$700), title insurance (varies by home price), title search/attorney fees, prepaid homeowners insurance, prepaid property taxes, and prepaid interest. Total typically runs 2–5% of the purchase price — $15,600–$39,000 on the Hawaii median home.
- Can I negotiate closing costs in Hawaii?
- Yes. Lender fees (origination, underwriting, application) are fully negotiable. You can also ask the seller to pay closing costs (seller concessions) — typically 2–3% is acceptable in a buyer's market. Shop multiple title companies in Hawaii as title insurance rates vary. Government fees (recording, transfer tax) are fixed and cannot be negotiated.
- What is the average mortgage payment in Hawaii?
- The average monthly mortgage payment (principal + interest) in Hawaii is approximately $4,433 for a $663,000 loan at 7.05% over 30 years. Adding property tax ($182/mo) and homeowners insurance ($108/mo) brings total PITI to about $4,723/month.
- What credit score do I need for a mortgage in Hawaii?
- Most Hawaii lenders require a minimum 620 credit score for conventional loans and 580 for FHA loans (with 3.5% down). For the best rates in Hawaii, aim for 740+. A higher score can reduce your rate by 0.5–1.0%, saving $99,450 over the life of a 30-year loan.
- How much down payment is required to buy a home in Hawaii?
- You can buy a home in Hawaii with as little as 0% down (VA, USDA loans for eligible buyers), 3% down (conventional), or 3.5% down (FHA). On the Hawaii median home price of $780,000, a 20% down payment is $156,000 and lets you avoid PMI. Hawaii also has state-level down payment assistance programs for first-time buyers.
- What are current mortgage rates in Hawaii?
- Current 30-year fixed mortgage rates in Hawaii average 7.05% as of April 2026. 15-year fixed rates are typically 0.5–0.75% lower. Rates vary by lender, credit score, and loan-to-value ratio. Compare at least 3–5 lenders to ensure you get the best Hawaii mortgage rate.
- What is the property tax rate in Hawaii?
- Hawaii's effective property tax rate is 0.28%. On the Hawaii median home value of $780,000, annual property taxes are approximately $2,184 ($182/month). Property taxes in Hawaii are typically escrowed in your monthly mortgage payment.