How much house can I afford on $120,000 in Hawaii?
About $459,000 with 20% down ($360,000 with an FHA loan), using Hawaii's 0.26% property tax rate.
That is $374,089 less than the typical Hawaii home ($832,932), so on $120,000 you'd look at cheaper areas or a smaller home. The payment of $2,800 covers $2,469 principal and interest, $101 property tax and $229 insurance.
Counties in Hawaii you can afford on $120,000
On $120,000 the typical home is out of reach in every Hawaii county tracked by Zillow — the cheapest is Hawaii County at $574,749.
Assumes a 30-year fixed loan at 7.11%, property tax of 0.26% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Other salaries in Hawaii
Frequently asked questions
How much house can I afford on $120,000 in Hawaii?
About $459,000 with 20% down at 7.11%, keeping the payment (with Hawaii's 0.26% property tax and insurance) under $2,800 a month.
Is $120,000 enough to buy a house in Hawaii?
Not the typical home: the typical Hawaii home is worth $832,932 (Zillow, September 2026) and $120,000 supports about $459,000. 0 of 4 counties are within budget.