Cost of Ownership · Hawaii
The true cost of owning a home in Hawaii
For a median $839,100 home in Hawaii, here is the full monthly cost — not just the mortgage. Built from public data: the state's median home value and effective property-tax rate, its average homeowners premium, and the current 30-year rate. This is a representative example, not a quote.
Lender-approved payment
$5,434/mo
PITI + PMI
True monthly cost
$6,133/mo
everything, incl. upkeep
The gap
+$699/mo
what approval leaves out
Effective property-tax rate
0.27%
Avg. homeowners premium
$1,431/yr
NFIP flood claims on record
6,250
Closing costs in Hawaii
Median closing costs and lender origination charges on real home-purchase loans in Hawaii, from public CFPB HMDA data. Cells with fewer than 25 loans aren't shown.
Median total closing costs
$10,815
Typically $6,760–$17,336
Median origination charges
$6,175
Typically $2,508–$11,018
| Loan size | p25 | Median | p75 | Loans |
|---|---|---|---|---|
| All | $6,760 | $10,815 | $17,336 | 8,225 |
| All | $7,403 | $11,945 | $18,968 | 7,249 |
| < $250k | $4,954 | $6,507 | $8,580 | 561 |
| < $250k | $4,860 | $6,596 | $8,395 | 540 |
| $250k–$500k | $6,329 | $9,373 | $12,866 | 2,710 |
| $250k–$500k | $6,908 | $9,900 | $13,303 | 2,243 |
| $500k–$750k | $9,048 | $14,399 | $19,512 | 2,114 |
| $500k–$750k | $6,997 | $13,017 | $18,163 | 2,207 |
| > $750k | $8,288 | $15,364 | $25,408 | 2,747 |
| > $750k | $8,952 | $18,099 | $27,103 | 2,352 |
Compare your own Loan Estimate with the Loan Estimate Decoder, or see every state in the Fee & Rate Index.
Common questions about buying a home in Hawaii
- What are the median closing costs in Hawaii?
- Median total closing costs — lender and third-party charges — on a home-purchase loan in Hawaii are about $10,815, from public CFPB HMDA data. Cells with fewer than 25 loans are suppressed.
- What is the effective property-tax rate in Hawaii?
- The effective property-tax rate in Hawaii is about 0.27%, from the Census American Community Survey (median real estate taxes divided by median home value).
- What does a median home cost to own each month in Hawaii?
- A median $839,100 home in Hawaii costs about $6,133 a month to own — principal, interest, property tax, insurance, PMI, and a maintenance reserve — versus a lender-approved payment of about $5,434. Every figure is from public data.
These figures use Hawaii's median home value and a 10% down payment as a representative example. Your price, rate, and county rate will differ — run your own numbers in the True Cost tool, see how Hawaii ranks on property tax and insurance, or browse every state.