Mortgage on a $300K house in Hawaii
$1,831 a month with 20% down — $1,614 principal and interest plus $66 property tax and $150 insurance.
Hawaii's typical property tax is 0.26% of the home's value a year (U.S. average 0.9%), which adds $66 a month on a $300K home. The typical home in Hawaii is worth $832,932, so $300K is 64% below the typical price.
$300K home in Hawaii: payment by down payment
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $60,000 | $240,000 | $1,614 | $0 | $216 | $1,831 | $78,500 |
| 10% down | $30,000 | $270,000 | $1,816 | $113 | $216 | $2,145 | $91,900 |
| 5% down | $15,000 | $285,000 | $1,917 | $119 | $216 | $2,252 | $96,500 |
| 3.5% down (FHA) | $10,500 | $294,566 | $1,982 | $133 | $216 | $2,330 | $99,900 |
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.
Where in Hawaii does $300K buy a typical home?
No Hawaii county has a typical home value within 15% of $300K.
0 of 4 Hawaii counties tracked by Zillow have a typical home value at or below $300K. See all Hawaii home prices.
Other prices in Hawaii
Frequently asked questions
What is the mortgage on a $300K house in Hawaii?
About $1,831 a month with 20% down at 7.11%: $1,614 principal and interest, $66 property tax and $150 insurance.
How much do I need to make to buy a $300K house in Hawaii?
About $78,500 a year, so that the payment stays under 28% of your gross income.
What is the property tax on a $300K house in Hawaii?
At Hawaii's typical effective rate of 0.26%, about $794 a year. Rates vary by county and city — see the county pages.